Microsoft and Xiaomi to collaborate on AI, cloud computing and hardware

After Microsoft signed a deal to test Windows 10 on Xiaomi devices in 2015 and then Xiaomi bought a trove of patents to help run other Microsoft services on its devices in 2016, today the two companies announced another chapter in its collaboration. Xiaomi and Microsoft have signed a Strategic Framework Memorandum of Understanding (MoU) … More Microsoft and Xiaomi to collaborate on AI, cloud computing and hardware

Mr Trump, as you ponder a China trade war, count the US$33 billion Chinese tourists spent in America

As the administration of Donald Trump ponders how best to launch its trade war with China, maximising impact on China and minimising cost to politically important voters at home, it could do worse than pause to think about tourism. And as he and his henchmen like Robert Lighthizer fulminate about merchandise trade deficits, he may … More Mr Trump, as you ponder a China trade war, count the US$33 billion Chinese tourists spent in America

Chinese foreign trade ends two-year downward trend

China saw its total import and export trade volume increase by 14.2 percent in 2017, ending two years of negative growth in the process. Rising global demand and the improved economic situation within its borders both contributed to the growth of the country’s international trade. According to statistics released by the General Administration of Customs … More Chinese foreign trade ends two-year downward trend

Blocked MoneyGram Deal Limits Alipay’s Global Ambitions

Alipay operator Ant Financial’s proposed $1.2 billion purchase of Dallas-based money transfer firm MoneyGram was finally blocked by the Committee on Foreign Investment in the United States (CFIUS), a U.S. government inter-agency regulatory body. Ant Financial was unable to convince the committee, even with three filings for approval, that Ant Financial would be able to … More Blocked MoneyGram Deal Limits Alipay’s Global Ambitions

Donald Trump and Xi Jinping unveil US-China trade deals and outcomes of Beijing talks

US President Donald Trump and his Chinese counterpart Xi Jinping have witnessed the signing of deals worth US$253 billion following formal talks in Beijing, making the US head of state’s visit to China one of the most fruitful for Chinese and US businesses in terms of the value of agreements struck. Read More

US Air Force goes Top Gun for IoT-based predictive maintenance

The US Department of Defense (DoD) is arming itself with new AI and IoT technologies to power predictive maintenance of aircraft and boost mission effectiveness. Top Gun just got real. The US Air Force’s Defense Innovation Unit Experimental division – also known as DIUx – has selected C3 IoT, a Redwood City, California-based specialist in … More US Air Force goes Top Gun for IoT-based predictive maintenance

The White House National Climate Assessment conflicts with Trump’s climate change denial

The US published a much-anticipated report on climate change Friday (Nov. 3), coauthored by 13 federal agencies, that unequivocally confirms three conclusions: We are living in the warmest period in modern civilization The excessive warming is due to human activity Without swift and dramatic action to curb emissions, average global temperatures could rise by a … More The White House National Climate Assessment conflicts with Trump’s climate change denial

The four charts you need to understand Trump’s attacks on the Chinese economy

Donald Trump is kicking off an Asia tour next week that includes a two-day state visit to China starting Nov. 8. At the top of the agenda for his meeting with Chinese president Xi Jinping is, of course, North Korea and trade—two items that, in Trump’s mind, can be traded against each other. Read More