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President Xi Jinping spoke with foreign business leaders at the Great Hall of the People in Beijing on Friday. Photo: Reuters
China's economic recovery

Xi urges foreign firms to resist ‘acts that turn back the wheel of history’

Xi meets with business reps as China takes aim at unilateralism and protectionism while ramping up a charm offensive for foreign investors against the backdrop of two global conferences.

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Hong Kong economy

Opinion | Low-altitude economy can soar if Hong Kong plays to its strengths

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China’s private sector

For China’s private sector, Beijing’s long-sought decree seen as key to recovery

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China's economic recovery

China is prepared for bigger than expected external shocks: Premier Li Qiang

Li says Beijing will roll out measures to ensure the smooth operation of the economy, if needed.

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Chinese Premier Li Qiang says foreign firms are indispensable to China’s development. Photo: AP
Artificial intelligence

Opinion | A nuclear war started by AI sounds like science fiction. It isn’t

Humans have perhaps five to 10 years before algorithms and plutonium could reduce us to skeletons and skulls.

Internet

China fines ultranationalist blogger Sima Nan US$1.2 million for tax evasion

In November, after decades of posting and amassing more than 50 million followers, outspoken blogger went silent on social media.

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Technology

Opinion | Affordable, open access has turned AI from divisive to empowering

Shift from high-cost exclusivity makes AI potentially a catalyst for global innovation, economic growth and problem-solving.

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DeepSeek leads the list of most downloaded free applications in several countries. DeepSeek is considered ChatGPT’s main rival. Photo: Shutterstock
Artificial intelligence

OpenAI asks US for relief from AI rules to compete with Chinese firms

The ChatGPT maker says the AI race is ‘effectively over’ if China’s developers have unfettered access to data while US companies do not.

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European Union

New corruption scandal roils EU parliament

‘Several lobbyists’ were taken into custody and none of those held for questioning on Thursday morning were EU lawmakers.

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Science

East China court rules that AI-generated image should have copyright protection

In the second such case in mainland China, a court orders companies to apologise and pay damages for using plaintiff’s AI-generated art.

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A plaintiff in east China’s Jiangsu province has won a copyright case over an image created with the artificial intelligence tool Midjourney. Photo: AFP
China property

China’s push for home quality risks further developer stress: analysts

Beijing’s directives make sense as a greater portion of future housing demand will come from owners looking to upgrade, Fitch Ratings says.

A man walks on a pedestrian bridge near residential buildings in Beijing on October 17, 2024. Photo: Reuters
Hong Kong property

Luxury Hong Kong project vendor fined for violating property sales rules

Win Extra, the seller of Pokfulam Peak, was fined HK$26,000 (US$3,345) after pleading guilty to three charges.

Digital currencies

Hong Kong’s dollar peg seen as advantage amid stablecoin growth

Stablecoin transactions are now a fifth of all cryptocurrency transactions, and they make it easier to transact in US dollar-backed assets.

China's economic recovery

Shanghai dreams of bucking external factors, being magnet for foreign investors

Shanghai is ‘an important window for the world to observe China’, says city’s executive vice-mayor amid vow to improve and internationalise local business environment.

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Shanghai set a gross domestic product growth target of around 5 per cent for 2025, unchanged from last year’s actual economic expansion. Photo: AFP
Australia

TikTok, Meta bristle at Australia’s plan to exempt YouTube from social media ban

Australia has proposed an exemption from its landmark social media ban so that children can use YouTube for school.

A student in Melbourne, Australia, looks at her mobile phone showing social media applications. Photo: Reuters
China jobs

As AI disrupts China jobs, could a dedicated insurance fund protect workers?

NPC representative and founder of an AI-powered voice-recognition firm joins chorus calling for more to be done to mitigate impact of jobs lost to automation.

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China technology

Opinion | China’s AI push in the Global South is not just about technology

By providing AI-powered products, infrastructure, governance tools and data-driven insights, China aims to reshape the global digital order.

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Artificial intelligence

Opinion | Time to start preparing for the AI-in-everything era

While AI will not completely replace the work of humans, it will completely transform the way we live, learn, work and think.

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Children gathered around an AI chess player in an exhibition on China’s developments over the past 75 years, at the Hong Kong Science Museum in Tsim Sha Tsui on February 3. Photo: Edmond So
Digital currencies

US securities regulator files to dismiss Coinbase lawsuit

A court has separately paused the SEC’s lawsuit against Binance after a joint request, citing implications of the agency’s new crypto task force.

China deflation

China strives to end vicious price wars plaguing several industries

Beijing has convened a meeting with representatives from leading solar, auto and tech companies to explore potential solutions.

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European Union

US demands EU antitrust chief clarify rules reining in Big Tech

US lawmaker demands EU antitrust chief clarify how the Digital Markets Act targets US tech giants.

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The EU’s Digital Markets Act sets out a list of dos and don’ts for tech companies. Photo: AFP
DeepSeek

China is right to celebrate DeepSeek but AI race isn’t over, academic warns

Zheng Yongnian at CUHK-Shenzhen says ‘excessive nationalism would be detrimental for China in the fiercer tech competition down the road’.

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Zheng Yongnian, dean of the school of public policy at CUHK-Shenzhen, says China should relax regulation of AI and embrace open source as a national policy to nurture the sector. Photo: Edward Wong
Hong Kong housing

Editorial | Implement standards to help fix problem of Hong Kong’s shoebox homes

While minimising disruption is sensible, the small, dirty and dangerous subdivided homes must be dealt with at long last.

Artificial intelligence

China approves RedNote’s AI translation along with 5 other models

Approval for RedNote comes after claims last month that it might be using an unapproved model for its newly launched translation service.

China technology

Opinion | In tech war, China is gunning for mass adoption over premium innovation

From artificial intelligence and biotech to autonomous driving, China is disrupting the traditional high-cost model of proprietary innovation.

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Illustration: Craig Stephens
Hong Kong workers/labour rights

Hong Kong trade unions face tougher scrutiny under proposed law change

Government intends to amend Trade Unions Ordinance to align with national security laws, including monitoring of funding from ‘external’ places.

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The Office for Safeguarding National Security in Causeway Bay. Under the proposal, “external” refers to places outside Hong Kong, mainland China and Macau, in alignment with the Safeguarding National Security Ordinance enacted last year. Photo: Winson Wong
Artificial intelligence

Opinion | Rise of ‘autonomous’ agentic AI raises the geopolitical stakes

Agentic AI will further level the techno-economic playing field and radically alter opinion-shaping and the military contest.

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Blockchain

Consensus Hong Kong: regulators seek ‘global liquidity’ in crypto amid Web3 push

The SFC licensed its first international crypto exchange on Tuesday as it courts global business at major Web3 conference.

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