China’s ride-hailing market has seen exponential growth this year, which some attribute to the recovery of economic activity. However, others believe that the increase in ride-hailing drivers reflects increased unemployment. Lianhe Zaobao journalist Daryl Lim looks into the potential oversaturation and different factors impacting the market.
Today, China faces almost the same set of problems that the capitalist states are struggling with. In a post-capitalist world where an entire demographic degenerate into the “useless class”, capitalism will lose the market on which it depends. EAI senior research fellow Lance Gore imagines what this could mean for the Chinese Communist Party and other advocates of the socialist path.
The tech sector has seen a massive shift since the introduction of OpenAI’s ChatGPT in November last year. The AI wave has brought much trepidation for its potential in advancing education, innovation and more; but along with it comes new challenges, especially those that raise copyright infringement issues or break the law. Lianhe Zaobao’s China Desk looks into how AI has been misused in China and the responses.
Although Chinese fast fashion platforms such as Shein and Temu are gaining pace in the US, they could be the target of stringent US regulations over a variety of concerns such as personal data risks and trade loopholes.
With China barring domestic operators of critical information infrastructure from procuring products from US chipmaker Micron as the latest move in the China-US chip war, there are concerns about whether moving too strongly might lead to China hurting itself instead. Zaobao correspondent Chen Jing takes a look at how the chip war might play out.
China and the US probably both know that they need each other, which is why over the past few months, amid the hostilities, they have been testing each other’s limits and adjusting their strategies, and maintaining the tussling without cracking.
Chinese platform firms that have expanded beyond the Chinese market to the US and West have had to adjust their business models, first to gain a sizeable market share, and now to handle the criticisms and pitfalls that come with a measure of success. How can Chinese e-commerce platforms like Shein and Temu survive and thrive in overseas markets?
As China faces a dire population crisis of ageing population and declining birth rates, public discussion on female reproductive rights have gained attention. Assisted reproductive technologies such as egg freezing has become a sought-after option for women looking to delay child bearing, but it remains a contentious issue in China. Lianhe Zaobao's China Desk tells us more.
Chinese businesses are flocking to Saudi Arabia, in what they see as the latter's "reform and opening up" period of opportunities. While bilateral trade and investment has increased, the Chinese also see Saudi Arabia as a gateway for the Middle East market, in emerging fields such as cloud services and artificial intelligence, and as a vibrant venture capitalist hub.