Meet up with China
1. Sam Altman’s plan for a $7 trillion-worth semiconductor empire contains constructing dozens of chip fabrication crops with cash from Center East buyers, then having the Taiwanese chipmaker TSMC run them. (Wall Avenue Journal $)
2. A former TikTok government is suing the corporate for unlawfully firing her on account of what they known as a scarcity of “docility and meekness.” (Monetary Occasions $)
3. If he’s reelected, Donald Trump is promising a 60% tariff on all Chinese language imports. If that really occurs (large if), it might virtually wipe out all imports from China by 2030. (Bloomberg $)
- For the primary time in 22 years, Mexico has surpassed China to be america’ largest import supply. (ABC Information)
4. Members of the European Union have had a falling out due to their completely different positions on China and how one can deal with commerce throughout financial sectors. (South China Morning Put up $)
5. A brand new report discovered greater than 100 web sites disguised as native information shops in Europe, Asia, and Latin America are literally a part of an affect marketing campaign linked to a Beijing public relations agency. (Reuters $)
6. How Hefei, a metropolis in central China, rose as much as turn into a frontrunner in electric-vehicle manufacturing by investing authorities cash in fledgling startups. (New York Occasions $)
Misplaced in translation
Whereas we’re on the subject of digital purple packets, individuals are promoting AI-generated art work as purple packet designs this yr, in keeping with the Chinese language publication Guokr. After WeChat allowed customers to customise what their purple packet seems like on the app in 2019, a brand new enterprise has emerged to let individuals spend a couple of dollars and get a brand new search for their digital presents yearly. Profitable artists could make an honest bit of cash with it.
Nevertheless, the business is now unsurprisingly being disrupted by image-making AIs like Midjourney. There’s even a burgeoning entrepreneurial scene the place individuals repackage these AI providers to tailor them to design purple packets, simplifying the method. On social media, some individuals are promising you can earn fast money by producing AI purple packets, attracting others to money in on the pattern. However in actuality, there are nonetheless many obstacles to fine-tuning the designs and gaining traction amongst potential patrons.
Yet one more factor
You may not have the ability to get an Apple Imaginative and prescient Professional but, however you’ll be able to hop on a Hainan Airways flight, the place all passengers are given a pair of augmented actuality goggles made by a Chinese language firm free of charge in-flight leisure. They give the impression of being a lot lighter than Apple’s headset. I need to attempt them out!
ROKID
