The ongoing technology war, which prominently featured the United States’ export controls against China’s semiconductor industry, has taken an intriguing twist. The competition involves the cloud platforms used for artificial intelligence (AI) modeling. China’s domestic capabilities in cloud technology lie far behind U.S. firms. Its rising computing power broadly relies on easy access to U.S. … Read more
Amid an economic slowdown, “involution” has become a buzzword in China, poignantly capturing the essence of the highly competitive and stressful socioeconomic climate within its domestic market. This term conveys intense internal competition and diminishing returns despite increasing efforts, both trends that are particularly evident in the technology sector. In response to this challenging environment, … Read more
Advertisement As China modernizes, one of the constant fears of the country’s leadership and academia has been the middle income trap. Originally introduced by World Bank economists Indermit Gill and Homi Kharas, this trap occurs when a country’s income rises to the point where its labor costs make exports uncompetitive when compared to low income … Read more
Blogs | Economy | East Asia The Cyberspace Administration of China (CAC) has had a tough awakening that it needs to balance control and censorship with freedom for technological development. Advertisement China’s finalized rules for generative Artificial Intelligence (AI), effective from August 15, are considerably less restrictive than a draft version that had circulated previously. This shows that authorities, … Read more
Advertisement Chinese tech giants Alibaba, Tencent, and Huawei have built more data centers in Southeast Asia than Google, Amazon, and Microsoft. The rapid expansion of Chinese tech investment has many nuanced implications for China’s presence in the region – especially at a time when the Chinese government exerting more and more control over the country’s … Read more