China

Chinese 3×3 Basketball Teams Leverage AI for Paris 2024 Olympics

As the Paris 2024 Olympics approach, the Chinese 3×3 basketball teams are enhancing their performance through a groundbreaking collaboration with AI company SenseTime. This partnership focuses on data analysis and strategic insights, aiming to improve player skills, team coordination, and injury prevention. With advanced analytics and real-time monitoring, the teams are set to gain a competitive edge on the global stage. Fans eagerly anticipate how this innovative approach will impact their success in Paris.

China Approves 15 Import Games, Set to Surpass Previous Years’ Totals

China’s National Press and Publication Administration has approved 15 import games on August 2, 2024, bringing the total for the year to 76. This marks a significant increase in foreign game approvals, including notable titles from the Rainbow Six franchise and Marvel. The trend indicates a growing acceptance of international gaming content in China, offering opportunities for developers to engage with one of the world’s largest gaming markets.

China Launches Cixin P1 AI Processor to Compete in Chip Market

China’s new AI processor, the Cixin P1, is set to challenge industry leaders like Intel and AMD. Built on a 6nm process, it features a powerful 12-core CPU and a Neural Processing Unit delivering 30 TOPS. With support for LPDDR5-6400 memory and 4K video output, the Cixin P1 is versatile for various applications, including gaming and enterprise solutions. As competition in the AI chip market heats up, this innovative chip could redefine computing in China.

Giant Sinkholes in China Reveal Ancient Forest Ecosystems

Discover the incredible giant sinkholes in China, known as tiankeng, that shelter ancient forests and unique ecosystems untouched by human activity. These natural wonders support diverse biodiversity, including rare species and endangered plants, thriving in their isolated environments. Explore the significance of these geological formations in understanding our planet’s ecological history and the urgent need for conservation efforts to protect these irreplaceable habitats.

Vietnam’s Fruit and Vegetable Exports Set to Surpass $7 Billion in 2024

Vietnam’s fruit and vegetable exports are expected to surpass US$7 billion in 2024, driven by strong global demand, particularly from China, South Korea, and the US. The first half of the year saw nearly US$3.57 billion in earnings, with a notable 95.5% increase in exports to Thailand. Experts predict continued growth fueled by seasonal factors and trade agreements, highlighting the competitive edge of Vietnamese produce in international markets.

Badminton Equipment Prices Surge in China Amid Pork Demand Shift

Recent price hikes in badminton equipment in China, driven by a surge in pork demand, have left major shuttlecock brands like Yonex and Victor Sport raising prices by at least 20%. The shortage of feathers, linked to changing consumer preferences, is impacting production costs and accessibility for players. As badminton enthusiasts express concerns over affordability and quality, the community navigates the implications of these market shifts.

China’s Gold Imports Plunge Nearly 60% Amid Economic Uncertainty

China’s gold imports plummet by nearly 60% in June 2024, marking the lowest level since May 2022. This decline is attributed to soaring gold prices and a sluggish economy, prompting consumers to prioritize savings over luxury purchases. Analysts warn that ongoing economic challenges may further dampen gold demand, potentially impacting global gold market dynamics.

SMCP Reports Mixed H1 Results Amid Challenges in Chinese Market

SMCP, parent company of Sandro, Maje, and other fashion brands, reports mixed H1 results with a 3.6% decline in organic sales, largely due to challenges in the Chinese market. While sales dipped in France, the American market showed an 8% increase. The company emphasizes financial discipline and operational efficiency as it navigates a rapidly changing retail landscape.

China’s HL-3 Nuclear Fusion Reactor Achieves Milestone in Artificial Sun Project

China’s Huanliu-3 nuclear fusion reactor achieves a milestone by generating a unique magnetic field, marking the country’s progress in clean energy. This development showcases China’s entry into global efforts to create a massive nuclear fusion reactor, contributing to projects like ITER. Despite not being the largest reactor, HL-3 serves as a testing ground for advanced technologies, paving the way for future advancements in nuclear fusion technology and the potential for sustainable energy sources.

China Strengthens Control Over Rare Earth Metals Amid Global Concerns

China’s new measures to control rare earth metals as state property have raised concerns about global supply chain security. With China dominating the rare earth market, the EU is looking to enhance its own supply security by building a rare earth refinery in Estonia and diversifying its supply chains to reduce vulnerability to external disruptions.