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Wuxi

China’s own Tesla Optimus? Beijing’s ambitions in humanoid robots in full display at expo

by Anas Siddiqui
China’s own Tesla Optimus? Beijing’s ambitions in humanoid robots in full display at expo

Agibot – founded by Li Zhihui, a Huawei Technologies alumnus who aims to create humanoid robots rivalling Tesla’s Optimus –unveiled several examples powered by large language models (LLMs), the technology …

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SK Group backs US$140 million fund to bring South Korean chip firms to China

by Walter Watson
SK Group backs US0 million fund to bring South Korean chip firms to China

SK Group is putting its money into a new fund designed to help South Korean chip firms set up shop in China, even as the US ratchets up pressure on …

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Hong Kong developer Hang Lung eyes China’s booming luxury market as it expands flagship Shanghai mall Plaza 66

by Anas Siddiqui
Hong Kong developer Hang Lung eyes China’s booming luxury market as it expands flagship Shanghai mall Plaza 66

The company has obtained approval from the local government to utilise an unused area to expand the 55,000 square metre (592,000 sq ft) mall in West Nanjing Road, Jingan district. …

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Chinese flying taxi maker EHang sells autonomous passenger drone for US$332,000 on Taobao as nation’s low-altitude economy takes off

by Anas Siddiqui
Chinese flying taxi maker EHang sells autonomous passenger drone for US2,000 on Taobao as nation’s low-altitude economy takes off

The ambitious domestic and international marketing campaigns show EHang’s confidence in generating strong market demand, months after its self-developed EH216-S became the world’s first recipient of a Type Certificate and …

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Chinese biotech firm Wuxi AppTec should be sanctioned as a security threat, US lawmakers tell White House officials

by Anas Siddiqui
Chinese biotech firm Wuxi AppTec should be sanctioned as a security threat, US lawmakers tell White House officials

The US should review Chinese biotech firm Wuxi AppTec and its affiliate Wuxi Biologics for sanctions, a bipartisan group of lawmakers told top Biden administration officials on Monday. In a …

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