China’s new energy industry is key in creating wealth, says Rupert Hoogewerf at the Hurun website, reporting on the  the Global Unicorn Index 2024. “In the latest Hurun China Top 500, new energy has risen to fifth place, with 36 companies making the cut.  This was significantly up on just five years ago, when there were a mere 14 new energy companies, making the industry not even a Top 10,” says Rupert Hoogewerf.Read More →

The metaverse is poised to grow fast in the coming three years, says Rupert Hoogewerf, chairman and chief researcher of Hurun Report, who published a report about the industry, according to the state-owned China Daily. Technology giant Huawei tops the list with the greatest potential in the metaverse for the first time, followed by Alibaba, Baidu, China Telecom and China Mobile.Read More →

China’s electric car makers are doing pretty well, certainly domestically and – perhaps except the US – also internationally, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know. Excess capacity seems mainly a problem for traditional car makers, as demand for EV vehicles is only picking up. Internationally EV makers might face some restrictions, but they seem able to manage those, Kroeber adds in a debate organised by the Asia Society.Read More →

Pinduoduo (PDD) suffered an unprecedented 30% decline in its share value at the start of this week, but business analyst Shaun Rein sees here an opportunity for investors. Buy PDD, he tells them on CNBC. The company has hit a wall through China’s consumer decline in trust, but he sees enough possibilities to grow overseas, especially with Temu, he adds.Read More →

China’s eateries have been slashing their prices up to half to woo consumers, but marketing expert Ashley Dudarenok warns that this trend might hurt the businesses, as their costs do not go down, she tells Channel News Asia. Business models and their effects do vary a lot, depending on the age group the industry is focusing on, she adds.Read More →

Former Alibaba executive Sharon Gai explains how AI is changing the retail industry beyond recognition. Amazon was the pioneer in this field, although now nobody can ignore the change AI is causing globally.Read More →

AI expert Alvin Wang Graylin dives into the future of the metaverse and discusses his book Our Next Reality: Preparing for the AI-powered Metaverse, and how the world finds itself at the crossroads of a new industrial revolution, in a discussion with Cecilia Lascialfari.Read More →

While the controversy between China and the US is heating up, and almost every country tries to invest in their own AI, Alvin Wang Graylin, co-author of Our Next Reality: Preparing for the AI-powered Metaverse, pleads for a global approach to developing the new industrial revolution, he tells in an interview wat WISE on Air with Elyas Felfoul.Read More →

China’s EV brands like NIO and BYD are currently beating Tesla, says Shanghai-based business analyst  Shaun Rein at CNBC. While China’s automotive industry is pushing out new models and innovations, Tesla looks old-fashioned with a model that has not changed over the past six, seven years, he adds.Read More →