BCG: Generative AI tools to gain more ground in banking
The report said that generative AI will replace human beings in doing a large number of repetitive, simple and basic tasks, thus reducing costs and improving operational…
China
Thailand says no rice export halt, to benefit from India’s export ban
Thailand is benefiting from India's rice export ban and has no reason to halt its own shipments as it has sufficient output for exports and domestic consumption, its commerce…
Fast-fashion sites grab major share of foreign market
Last year, digital clothing platform Shein was downloaded 200 million times, surpassing Amazon as the most downloaded app in both Apple and Google stores.
Confidence at any size
Meet Yangyang, a plus-size fashion blogger who has found body positive confidence in a world that continues to disparage people who do not fit body size norms.
Greater Bay Area plans maglev train at 650km/h
The maglev train plan aims to build a 30-minute traffic circle among the three cities, and a 40-minute one among other cities of the Greater Bay Area.
China leads company count on Fortune Global 500 list again
A total of 142 Chinese companies, including those in Taiwan, made it to the annual list, marking the fifth consecutive year that Chinese companies topped the list in terms of…
Starbucks earns big in the Chinese market
The company's revenue growth reflects double-digit growth in all major markets including China.
Alibaba unveils AI model similar to Meta’s Llama 2
The Hangzhou-based company said it has open-sourced two large language models, a type of AI model, named Qwen-7B and Qwen-7B-Chat.
China’s first big data exchange eyes 10 billion yuan turnover by 2025
As of Aug 2, 643 trading entities have set up business at the exchange, with a cumulative transaction volume of about 1.67 billion yuan.
China green lights new nuclear power projects
The two new nuclear power units in Ningde, Fujian, and the two in Shidao Bay, Fujian will employ Hualong One, a domestically designed nuclear reactor.