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NEW YORK -- China has been exporting its governance model and Communist Party ideology to developing countries through training programs run under the guise of a business academy, according to a new report by the Atlantic Council's Global China Hub.
SHANGHAI -- Chinese fintech company Ant Group said Thursday it spent 21.19 billion yuan ($2.92 billion) on research and development in 2023, including on artificial intelligence.
KUALA LUMPUR -- Malaysian budget carrier AirAsia is undergoing a major restructuring led by its parent company, Capital A, as it starts to regain momentum following the pandemic.
SEOUL -- Samsung Electronics will launch by 2027 a service that integrates the development, production and packaging of artificial intelligence chips, allowing clients to receive the devices 20% faster.
TOKYO -- The United Nations refugee agency estimates there were a record 117.3 million forcibly displaced people worldwide at the end of 2023, up 8% from the previous year. In Asia, escalating conflict in Myanmar and further displacement from Afghanistan contributed to the increase.
HONG KONG -- QuantumPharm, a Chinese AI-driven drug research company known as XtalPi and backed by Tencent, began trading in Hong Kong on Thursday.
SYDNEY -- An Australian Senate committee has recommended stricter oversight of the four major consulting firms and new rules for government contracts awarded to the sector, determining the organizations have operated in a regulatory "gray area."
GUANGZHOU -- Electric vehicles aren't the only business on wheels that is growing for China's BYD.