![]() | Samsung, SK Hynix flag record supply squeeze in memory market as AI demand soars Samsung Electronics and SK Hynix, South Korea’s two memory chip giants, are warning of a prolonged and severe global supply crunch, weeks after the two companies disclosed increased investments in their China wafer fabs to meet surging artificial intelligence demand. During Samsung’s first-quarter earnings call on Thursday, the company said its order fulfilment rate had plunged to a “record low”. In a rare move, customers worried about shortages were already pre-booking memory capacity for 2027,... Source: © SCMP News |
![]() | Wingtech faces delisting risk after audit failure in wake of Nexperia saga Wingtech Technology, the Chinese owner of chipmaker Nexperia, is facing the risk of delisting from the Shanghai Stock Exchange due to an audit failure, as the company remains embroiled in a power struggle for control of its Dutch subsidiary. The risk was triggered after Wingtech’s auditor issued a “disclaimer of opinion”, citing restrictions in verifying the financial records of Nexperia’s overseas operations, according to a company filing to the Shanghai bourse on Wednesday. The audit failure... Source: © SCMP News |
![]() | Ant International serves 150m merchants, 2b consumers, bets on AI commerce infrastructure Ant International, the overseas spin-off of Chinese fintech giant Ant Group, has connected more than 150 million merchants with over 2 billion consumer accounts around the world, as it positions its payments network as core infrastructure for the emerging AI commerce economy. The figures, disclosed at the company’s MoMents 2026 forum in Kuala Lumpur, which ran from Monday to Wednesday, underscore the scale Ant is seeking to leverage amid the rising adoption of artificial intelligence agents. Ant... Source: © SCMP News |
![]() | Huawei’s HarmonyOS on more than 55m phones as China steps up push for domestic software China’s home-grown software and operating systems like Huawei Technologies’ HarmonyOS are gaining traction, according to an official of China’s technology ministry, as the country accelerates its push to cut reliance on foreign technology. More than 55 million smartphones ran on the HarmonyOS mobile platform as of the end of March, according to Ke Jixin, vice-minister of industry and information technology. “Domestic software like operating systems and databases has been improving steadily,” Ke... Source: © SCMP News |
![]() | DeepSeek adds AI vision in major move: ‘the whale can now see’ Chinese artificial intelligence start-up DeepSeek has added multimodal capabilities to its flagship chatbot for the first time – meaning that it can process images and video in addition to text – bringing it in line with rivals that already offer the function. The limited release to select users comes just days after the Hangzhou-based company released its new flagship model V4, which was followed by extensive price cuts. According to DeepSeek multimodal team leader Chen Xiaokang, who made the... Source: © SCMP News |
![]() | AI chip designer Cambricon vaults to China’s costliest stock after profits soar 185% Cambricon Technologies, dubbed “China’s little Nvidia,” on Thursday became the costliest stock in mainland China’s equities market after it reported substantial growth in the first quarter amid an artificial intelligence boom and China’s tech self-sufficiency push. Cambricon shares rose as much as 18 per cent to nearly 1,680 yuan (US$245) on Thursday, beating optical chipmaker Yuanjie Semiconductor Technology, which traded at around 1,660 yuan. On Wednesday, Cambricon announced a 160 per cent... Source: © SCMP News |
![]() | Hit from memory costs spreads from phones to EVs as China’s BYD raises driving-tech price The impact of sky-high costs for memory chips is spreading from smartphones to cars, as China’s electric vehicle (EV) king BYD announced a 21 per cent price increase for its high-end driver-assistance system. Starting on Friday, the price of the optional DiPilot 300 assisted-driving system would rise to 12,000 yuan ($1,757) from 9,900 yuan, BYD said on Tuesday, attributing the decision to “the sharp rise in global storage hardware costs”. The system, which allows cars to navigate themselves on... Source: © SCMP News |
![]() | China taps the brakes on robotaxi licences after Wuhan incident: sources China’s robotaxi sector has hit a speed bump after regulators tightened licensing requirements while reviewing the causes of a recent incident in Wuhan that left passengers stranded and disrupted traffic for hours. Authorities had begun scaling back the issuance of autonomous driving licences, according to two sources familiar with the matter. The sources requested anonymity as they were not authorised to speak to the media. The curbs, however, do not amount to a complete halt. Officials still... Source: © SCMP News |
![]() | China’s Alibaba, ByteDance and Zhipu AI make the cut on Time’s first AI A-list Three Chinese companies – Alibaba Group Holding, ByteDance and Zhipu AI – have been named among Time magazine’s “10 Most Influential AI Companies of 2026”, marking the first time the publication has introduced an artificial intelligence-specific sub-list under its broader Time100 Most Influential Companies ranking. Of the remaining seven companies on the list, six are based in the US, while France’s Mistral AI is the only European representative. The launch of a dedicated AI ranking underscores... Source: © SCMP News |
![]() | Dreame Draws Silicon Valley Stars to San Francisco Launch [The content of this article has been produced by our advertising partner.] Dreame Technology is holding its biggest overseas launch to date this week, a four-day event at San Francisco's Palace of Fine Arts, as the Chinese company expands its global footprint. The event features Turing Award laureate David Patterson, former NASA scientist Sylvia Acevedo and Stanford's Sebastian Thrun, a lineup that reflects the attention the Chinese company has begun to attract in Silicon Valley. And for good... Source: © SCMP News |
![]() | HKEX posts record quarterly profit, topping forecast as listings and turnover surge Hong Kong Exchanges and Clearing (HKEX), operator of Asia’s third-largest stock market, reported a record quarterly profit in the first three months of 2026, buoyed by more new listings and increased turnover. Net profit rose 27 per cent to HK$5.19 billion (US$662 million) – or HK$4.10 per share – from a year earlier, the company said on Wednesday. The result beat the HK$4.6 billion consensus among analysts. It is the highest quarterly profit on record, surpassing the HK$4.9 billion in the third... Source: © SCMP News |
![]() | China Resources Power wins Shenzhen nod for renewable energy unit’s listing China Resources Power (CRP), one of the largest mainland power producers listed in Hong Kong, has received approval to spin off its renewable energy arm for a separate listing in Shenzhen, marking a key step in a years-long plan to tap capital markets amid strong demand for new energy. The Shenzhen Stock Exchange’s listing committee approved the proposed A-share offering of China Resources New Energy Holdings on April 28, according to a filing by CRP. The deal, however, still required... Source: © SCMP News |
![]() | With Meta-Manus AI deal ‘difficult’ to undo, how will Beijing exert its authority? It could be “time-consuming”, “complex” and “difficult” for Meta Platforms to unwind its acquisition of Manus, an artificial intelligence start-up that originated in China, given how far the deal has gone, according to analysts. Beijing’s order on Monday blocking the US$2 billion deal came roughly four months after the acquisition was announced. During that time, Manus – developer of what it described as the world’s first general AI agent – provided Meta employees with unlimited-usage accounts,... Source: © SCMP News |
![]() | Alibaba doubles down on healthcare AI with new tool for early colorectal cancer detection Alibaba Group Holding has released an artificial intelligence model that it claims is more sensitive than radiologists in spotting early stage colorectal cancer from computed tomography (CT) scans, as the Chinese tech giant doubles down on its efforts to develop AI tools for cancer detection. Alibaba’s research arm Damo Academy said on Tuesday that its new Coca AI model accurately identified five previously missed cases of colorectal cancer from the non-contrast CT scans of more than 27,000... Source: © SCMP News |
![]() | DeepSeek mystery: who is speaking for start-up as CEO Liang Wenfeng remains out of sight? The potential emergence of a new DeepSeek spokesman has sparked intrigue as speculation over the whereabouts of founder and CEO Liang Wenfeng continues, more than a year after his last public appearance. While the Hangzhou start-up’s latest V4 model did not make the same waves as its breakout moment a year earlier, the much-anticipated release still grabbed headlines through a collaboration with domestic tech giant Huawei Technologies and its remarkably low prices. For the traditionally... Source: © SCMP News |
![]() | Need for speed: China’s EV, battery makers race to cut charging times to under 10 minutes Battery makers and electric vehicle (EV) manufacturers have seized on the Beijing Auto Show to showcase technologies promising shorter charging times in a race triggered by BYD and Contemporary Amperex Technology Ltd (CATL). Fast-charging technology has dominated the floor at the 10-day event which runs until May 3. Second-tier Chinese battery suppliers including CALB Group, EVE Energy and Sunwoda unveiled products capable of boosting power to 70 per cent, from a starting point of 10 per cent,... Source: © SCMP News |
![]() | China blocks Meta’s Manus deal, raises Mythos concerns China has stepped up its tech war with the United States, blocking Facebook owner Meta’s US$2.5 billion acquisition of artificial intelligence (AI) start-up Manus and raising cybersecurity concerns about Anthropic’s new AI model Claude Mythos Preview. The National Development and Reform Commission (NDRC) announced it was prohibiting the Manus deal in a one-sentence statement on Monday, which didn’t give a specific reason. Meta is now planning to unwind the acquisition, which means untangling... Source: © SCMP News |
![]() | Alibaba’s plan to list Cainiao logistics hub as Reit will ‘unlock’ value, analysts say Alibaba Group Holding’s plan to package a key warehousing hub into a real estate investment trust (Reit) for public listing will benefit the company and its shareholders by redeploying capital into higher-growth opportunities, according to analysts. Alibaba, which two years ago scrapped a plan to publicly list its Cainiao logistics operation, said in a filing on Monday that it had received regulatory approval from the Hong Kong stock exchange to proceed with a proposal to spin off a certain... Source: © SCMP News |
![]() | Lightelligence jumps 400% in Hong Kong debut amid AI-driven demand for photonics chips Lightelligence, the first mainland Chinese photonics chipmaker to go public in Hong Kong, saw its share price surge by nearly 400 per cent in its trading debut on Tuesday, as investors banked on the country’s quest for a fast-growing alternative to conventional electronic semiconductors in artificial intelligence data centres. The Shanghai-based company opened at HK$880, versus the offer price of HK$183.20 – the top of its marketed range of HK$166.60 to HK$183.20. It raised HK$2.4 billion... Source: © SCMP News |
![]() | China’s DeepSeek prices new V4 AI model at 97% below OpenAI’s GPT-5.5 DeepSeek has slashed prices on its artificial intelligence models, including its latest V4 which now costs 97 per cent less than OpenAI products, potentially triggering a price war in the highly competitive AI market. DeepSeek said on Sunday that it would reduce prices for “input cache hits” – where previously processed context was reused – for application programming interface (API) users to one-tenth of the original level, bringing the minimum input cost down to about US$0.14 per million... Source: © SCMP News |
![]() | Optical chipmaker’s profit soars 1,153% on AI demand, China’s tech self-reliance push Chinese optical chipmaker Yuanjie Semiconductor Technology reported an elevenfold surge in first-quarter profits as domestic firms capitalise on soaring demand for computing power amid the artificial intelligence boom and the country’s tech self-sufficiency drive. Net profit in the three months ended March 31 jumped 1,153 per cent year on year to 179 million yuan (US$26.2 million), while revenue grew 321 per cent to 355 million yuan, the Shanghai-listed company said in a stock-exchange filing on... Source: © SCMP News |
![]() | Chinese robotaxi firms accelerate global roll-outs as cost edge drives expansion Chinese robotaxi firms from Pony AI to WeRide are accelerating global roll-outs of commercial fleets, leveraging cost competitiveness from the country’s world-leading new energy vehicle (NEV) supply chain and improved operational efficiency, company executives have said. China’s NEV supply chain had helped reduce the total cost of Pony AI’s upgraded seventh-generation robotaxi – including the base vehicle, battery and autonomous driving kit – to below 230,000 yuan (US$33,700), making it cheaper... Source: © SCMP News |
![]() | China outlines new labour protection plan for nation’s 200 million gig workers China has vowed to better protect the country’s vast gig-economy workforce, as an economic slowdown leads millions of people to sign up for delivery, ride-hailing and other informal jobs on online platforms. The 12-point plan – issued by the State Council, China’s cabinet, and the Communist Party’s powerful Central Committee – pledges stronger labour protections for “new employment groups”, or gig workers, across a number of areas. The document calls for timely and fair wage payments, a stronger... Source: © SCMP News |
![]() | DeepSeek takes step away from Nvidia amid export curbs on China DeepSeek is touting its ultra-low charges for models unveiled last week, stoking price competition as China challenges the United States in artificial intelligence (AI). Developers are being offered 75 per cent discounts on the newly released DeepSeek V4 Pro. Fees for input cache hits across the Hangzhou-based company’s AI platforms have also been slashed to 10 per cent of the original price. That provides a cost saving for users who frequently make similar or repeat requests. The V4 Pro and the... Source: © SCMP News |
![]() | China blocks Meta’s Manus deal after months-long probe, thwarting purchase Beijing has blocked the proposed purchase by Meta Platforms of artificial intelligence firm Manus, a start-up that is officially registered in Singapore but developed its products in mainland China. The National Development and Reform Commission (NDRC), the country’s top economic planner, announced the ruling in a statement on Monday, and asked the parties involved in the deal to cancel the transaction. Neither Meta nor Manus immediately responded to requests for comment on Monday. A... Source: © SCMP News |
![]() | China’s physical AI progress seen on roads, in skies and factories Physical artificial intelligence (AI) – the marriage of advanced machines with “brains” that allow them to interact with their environment – is expanding rapidly in China. It’s fuelling the development of smarter robots, drones and driverless cars that are appearing on roads and factory floors, in the skies and even on stage. Delivery drones have taken flight over cities like southern China’s Shenzhen, while delivery bots are riding city subways. The first autonomous vehicles are plying public... Source: © SCMP News |
![]() | China’s solar giant Sungrow revives Hong Kong IPO plan amid rising demand for clean energy China’s solar giant Sungrow Power Supply has filed a fresh application to list in Hong Kong, reviving plans initiated last year, as a wave of mainland companies seeks offshore funding to support overseas expansion. The Shenzhen-listed solar inverter and energy storage system maker submitted its latest application proof to the Hong Kong stock exchange after an earlier filing in October lapsed, according to exchange disclosures late on Friday. Sungrow, one of the world’s largest suppliers of... Source: © SCMP News |
![]() | From scepticism to concern: Mythos panic is slowly starting to reach China In the third of a three-part series on Anthropic’s powerful Mythos AI model, we look at how China is responding to the growing threat of AI-powered cyberattacks and what it means for the country’s cybersecurity. China is not immune to any fallout that might result from AI-powered cyberattacks, according to experts, although a sense of panic may not be as high due to the country’s strict scrutiny of its artificial intelligence industry. In the weeks since US start-up Anthropic announced its new... Source: © SCMP News |
![]() | Moore Threads shares soar as much as 12% after US$4.3m profit amid Beijing chip push Shares of Moore Threads, one of China’s Nvidia challengers, jumped as much as 12.5 per cent on Monday morning on the back of a swing to a profit in the first quarter, as domestic graphics processing unit (GPU) champions capitalised on surging computing demand amid Beijing’s push for chip self-sufficiency. The Beijing-based firm reported a net profit of 29.4 million yuan (US$4.3 million) for the January to March 2026 period, compared with a net loss of 112.5 million yuan a year earlier, according... Source: © SCMP News |
![]() | OpenClaw adds DeepSeek V4 models as tech world assesses Huawei tie-up OpenClaw has adopted DeepSeek’s new V4 Flash as the default model for the popular artificial intelligence agent, while the global tech community scrutinises the implications of the Chinese AI firm’s major update optimised to run on Huawei Technologies’ chips. In an update on Sunday, OpenClaw said it had expanded its catalogue to include DeepSeek’s V4 Flash and its flagship V4 Pro models, and had integrated other capabilities such as Google Meet into the agent. OpenClaw also optimised how... Source: © SCMP News |
![]() | From supply chain to record growth: Shenzhen dominates China’s robotics landscape Inside the busy aisles and booths of the Fair Plus robotics trade show in Shenzhen this week, the usual stunt spectacle was replaced by practical tasks: robots sorting supermarket stock, serving popcorn and transporting oversized boxes. Among them, Shenzhen-based X Square Robot showed the real-world ability of its wheel-based humanoids, using the firm’s self-developed Wall-A embodied foundation model to pick up rubbish from the floor and place it in a bin. Currently deployed in on-demand... Source: © SCMP News |
![]() | Underwhelming or underrated? DeepSeek V4 shows “impressive” gains DeepSeek’s long-awaited flagship V4 model has fallen short of its domestic and US rivals, according to a new analysis, as the Chinese artificial intelligence firm struggles to replicate the market-shaking success of its earlier R1 release. The company’s most advanced system, V4 Pro, ranked second among the world’s leading open-source models, behind Beijing-based Moonshot AI’s Kimi K2.6, benchmark firm Artificial Analysis said in a report on Friday. While V4 Pro marked a clear improvement on its... Source: © SCMP News |
![]() | Just what the doctor ordered: how AI could help China bridge the medical resources gap Li Bin, a doctor at the First Hospital of Lanzhou University, was among the wave of Chinese consumers who snapped up Apple Mac Mini computers during the country’s frenzied adoption of the OpenClaw artificial intelligence agent earlier this year. The young surgeon from Lanzhou, the capital of northwestern China’s Gansu province, bought one to run the open-source program, using it to develop an app to extract and organise information from doctor-patient conversations and lab report photos into... Source: © SCMP News |
![]() | As DJI duels Insta360, China sharpens global hardware edge amid US scrutiny In the southern tech hub of Shenzhen, a simmering rivalry between DJI and Insta360 has transformed their shared neighbourhood into a high-stakes corporate battleground. Both companies have long been hailed as the city’s poster children for Chinese innovation. DJI dominated the skies as the world’s undisputed leader in consumer drones, and Insta360 captured the niche market of panoramic cameras. Now they find themselves locked in a crosstown struggle for market supremacy that some say could... Source: © SCMP News |
![]() | US crackdown threat could shake out China’s ‘distillation’ AI copycats: analysts The administration of Donald Trump has threatened action to shield the US artificial intelligence industry from being “distilled” by Chinese rivals, in a move analysts say could weed out weaker players in China’s AI sector within a year. In a memo released on Thursday, Michael Kratsios, the science and technology adviser to the US president, warned that “surreptitious, unauthorised distillation campaigns” were enabling foreign entities – mainly in China – to release models that appear to match... Source: © SCMP News |
![]() | Huawei, DeepSeek strengthen China’s AI self-reliance with collaboration on V4 model Huawei Technologies’ newest Ascend 950PR and 950DT chips enjoyed “day zero” adaptation to DeepSeek’s latest V4 model, the Shenzhen-based tech giant said in a livestream on Friday, just hours after the model’s release. The hardware-software collaboration between the two Chinese firms underscores the progress China has made in tech self-reliance, a top national priority for Beijing amid US efforts to block its access to advanced semiconductor chips and chipmaking equipment. During the livestream... Source: © SCMP News |
![]() | Why China’s optical communications sector is the latest AI boom beneficiary Amid the artificial intelligence boom, the world has been laser-focused on technologies like graphics processing units and memory chips. However, a quieter miracle has been unfolding in the mainland stock market. Optical modules, which allow ultra-fast communications in data centres, have minted a new class of industrial upstarts. In the past year, shares in Shenzhen-listed Zhongji Innolight, the world’s largest optical module producer, jumped tenfold. Smaller peers Eoptolink Technology and... Source: © SCMP News |
![]() | China plans to invest billions on a robot army to run its power grid China’s industrial giants are rapidly scaling up the use of AI-powered robots to operate vital infrastructure, with the country’s main grid operator unveiling a blockbuster plan to deploy thousands of bots to handle a range of roles – from inspecting remote substations to performing maintenance on ultra-high-voltage power lines. The State Grid Corporation of China has earmarked 6.8 billion yuan (US$1 billion) for the procurement of embodied intelligence – or artificial intelligence-enabled... Source: © SCMP News |
![]() | Trump ally visits China, DeepSeek releases V4, EV earnings Senator Steve Daines will lead a bipartisan US Congressional delegation to China next week, just ahead of a visit by President Donald Trump. The five-member group will arrive on May 1 and visit Beijing and Shanghai, the South China Morning Post reported, citing unidentified people familiar with the matter. The delegation will include first-time visitors to China, the report said, without elaboration. Daines, a Trump ally, said last month that he planned to take a group to China to explore the... Source: © SCMP News |
![]() | How Intel is riding the ‘CPU comeback’ as AI shifts - and where China stands The central processing unit (CPU) – the chip technology that drove Intel’s sales and profits for decades but was overshadowed by the graphics processing unit (GPU) in the AI age – is making a comeback. That’s according to Intel CEO Lip-Bu Tan, speaking on the company’s latest earnings call. “The CPU is [reasserting] itself as the indispensable foundation of the AI era,” he said. “This isn’t just our wishful thinking, it’s what we hear from our customers.” Intel shares rose about 20 per cent in... Source: © SCMP News |
![]() | Huawei doubles down on autonomous driving, earmarking US$11.7b for autopilot training Adamant about retaining its runaway lead in supplying smart driving systems in China, Huawei Technologies plans to invest as much as 80 billion yuan (US$11.7 billion) over the next five years to boost computing power essential for training and testing semi-autonomous cars. The massive capital expenditure would enhance the reliability of cars fitted with the Huawei Qiankun ADS autopilot system, as the Shenzhen-based tech giant looked to expand its customer base, said Jin Yuzhi, CEO of Huawei’s... Source: © SCMP News |
![]() | DeepSeek unveils next-gen AI model as Huawei vows ‘full support’ with new chips DeepSeek has finally released its much-anticipated next-generation foundational artificial intelligence model, the open-source V4, which it said was competitive with leading US closed-source models from the likes of OpenAI and Google DeepMind. The Hangzhou-based AI start-up released two versions of the model on Friday, with the V4-pro model boasting 1.6 trillion parameters, making it the company’s biggest-ever model by that metric, while the smaller V4-flash model has 284 billion parameters. A... Source: © SCMP News |
![]() | A new era? China takes stock as world frets over Mythos Source: © SCMP News |
![]() | Tech war: US Congress rolls out ‘largest’ export control upgrade against China US lawmakers have advanced 20 new export control measures – including the controversial Match Act – to further restrict Chinese access to US technology and bar Chinese chipmakers from gaining access to advanced semiconductor manufacturing equipment. In the latest salvo in the US-China tech war, the House Foreign Affairs Committee on Wednesday passed the measures through the committee stage to be deliberated by the rest of the House, describing the action as the “largest significant export... Source: © SCMP News |
![]() | Asia’s chipmakers feel the heat as naphtha crunch hits photoresist supply The distant geopolitical conflict in the Middle East is sending shock waves through Asia’s semiconductor industry, exposing fresh vulnerabilities in the supply chain as shortages of photoresist – a critical chipmaking material – emerge as the latest weak link. With the Strait of Hormuz effectively closed since early March, supplies of naphtha – a key feedstock for specialty chemicals used in semiconductor production including photoresist – have been sharply curtailed. Produced during the... Source: © SCMP News |
![]() | Beijing moves to clean up online ad ecosystem in first-of-its-kind campaign China’s top market regulator will launch a six-month crackdown on the country’s internet advertising sector, targeting malpractices including the misuse of artificial intelligence, in what it described as its first campaign to clean up the broader online advertising ecosystem. The State Administration for Market Regulation (SAMR) said on Thursday that the campaign comes as new risks – from AI misuse to traffic-driven marketing tactics – emerge alongside long-standing issues, even as data and... Source: © SCMP News |
![]() | Why Anthropic’s Mythos has energised China’s cybersecurity industry In the second of a three-part series on Anthropic’s powerful Mythos artificial intelligence model, we examine the effect it has had on China’s cybersecurity and finance industries. US start-up Anthropic’s new AI model, Claude Mythos Preview, has drawn global attention for its ability to autonomously identify and exploit cybersecurity vulnerabilities at a level that appears to surpass conventional tools used in enterprise and financial systems. The model has not been made publicly available, with... Source: © SCMP News |
![]() | Chinese economist Fu Peng joins Hong Kong-listed Bitfire, hails crypto’s historic rise Chinese economist Fu Peng, whose candid remarks about the country’s economic ills went viral, has joined a Hong Kong cryptocurrency firm as chief scientist, hailing the “historical” leap of digital assets into mainstream finance despite their current slump. “[Digital assets] have become mature enough to be added to investment portfolios,” Fu said in Hong Kong on Thursday, addressing audience members at an event organised by his new employer Bitfire Group, a Hong Kong-listed crypto asset... Source: © SCMP News |
![]() | Tencent unveils first flagship AI model with former OpenAI researcher at helm Tencent Holdings has released a new flagship artificial intelligence model, the first since former OpenAI researcher Yao Shunyu joined the Chinese tech giant to lead its foundational AI development efforts. The Shenzhen-based company said on Thursday that the new model, an open-source program called “Hy3 preview”, was its most powerful yet, on par with top Chinese models but still lagging flagship products from US leaders such as OpenAI and Google DeepMind. Notably, the model is relatively small... Source: © SCMP News |
![]() | Euro, yuan unlikely to match US dollar as global currencies, Daniel Gros says Daniel Gros is the director of the Institute for European Policymaking at Bocconi University. Previously, he served as an adviser to the European Parliament, collaborated with the European Commission as economic adviser to the Delors Committee, which developed plans for the euro, and worked at the International Monetary Fund. In this interview, Gros examines the structural tensions shaping EU-China economic ties, draws lessons from the euro’s experience to analyse the yuan’s... Source: © SCMP News |
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