Tag: China
Chinese man sent 650,000 crowns to online girlfriend, but she was...
A Chinese man from Shanghai has lost hundreds of thousands of crowns in overdrafts he sent to his online girlfriend to set up a...
China’s Baidu plans to launch an improved chatbot with Ernie 5...
Chinese tech company Baidu plans to launch the fifth version of its big language model with artificial intelligence (AI) elements in the second half...
FT: TikTok owner wants to invest $12bn in AI, company denies...
TikTok's owner, Chinese company ByteDance, plans to invest more than USD 12 billion (roughly CZK 290 billion) in artificial intelligence (AI) infrastructure this year,...
China Construction Bank is Expanding Its Horizons
China Construction Bank (CCB), one of the world’s largest banks, continues to expand its international footprint and drive innovation. Recent developments show CCB's commitment to fostering...
Reuters:Volkswagen sells controversial factory in China’s Xinjiang province
German carmaker Volkswagen and its Chinese partner SAIC have agreed to sell a controversial factory in China's Xinjiang province. Reuters reported today, citing sources...
The US Dollar Is Losing Its Appeal, Which Currency Could Dominate...
Despite the recent short-term gain of the U.S. dollar, mainly due to escalating conflict in the Middle East, the greenback has experienced sustained weakening...
Chinese e-shop Shein is suing rival Temu over alleged trade secret...
The operator of the online store Shein is suing the rival platform Temu in a court in Washington, USA. They accuse her of theft...
Trade frictions between Europe and China are set to escalate, according...
Trade frictions between Europe and China are likely to escalate, particularly due to the growing ability of Chinese industry to achieve lower production costs...
China’s retail and industrial growth beat analysts’ estimates at the start...
China's retail sales increased by 5.5 per cent year-on-year in the first two months of the year, while industrial output rose by seven per...
Apple to pay $490 million to settle shareholder lawsuit
US technology company Apple has agreed to pay $490 million (more than CZK 11 billion) to settle a class action lawsuit brought by shareholders....