ByteDance is one of a new wave of Chinese tech companies challenging the older and more established Chinese players, led by BAT (Baidu, Alibaba, Tencent). TikTok is the first Chinese app to take the world by storm, and its owner is now rubbing shoulders with the likes of YouTube and Facebook.
The “fourth industrial revolution,” defined by artificial intelligence, has begun. But with it comes a new problem: How can we protect our privacy while utilizing data as an asset? Property rights have been crucial to society since time immemorial, but as technology evolves, rights too are changing, and creating new challenges.
China, home to half of the world’s Smart Cities, is rapidly enhancing its technology to upgrade urban management. With the imminent rollout of the Internet of Things (IoT), Smart Cities featuring a centrally-controlled approach to just about everything, are becoming a reality, and China is leading the way.
Until now, only billionaires, world leaders, and James Bond villains flew to work, but someday soon, you too may have a faster commute: many companies around the world are hard at work on electric vertical takeoff and landing (eVTOL) aircraft, essentially super-sized drones designed to whisk two to four people from one side of a […]
Parag Khanna, founder and managing partner of FutureMap, explains the importance of understanding geopolitics and multipolarity in Asia.
Chinese VC funds are muscling out international VC funding in the China market. What does this mean for startups and the development of China’s tech system?
What does the future of Chinese state-owned aircraft manufacturer Comac and its top products look like?
Right up until the moment his company imploded, Ofo founder Dai Wei insisted he was building a corporate empire to rival Google.
But the young entrepreneur has now come to resemble a modern-day Ozymandias: all that remains of Ofo’s bike-sharing dream are the battered, unusable yellow cycles still littering China’s streets. The collapse of the Beijing-based startup, which just two years ago was valued at $3 billion, has captivated China over recent months.
October 27 of 2018 was supposed to be a historic day for China’s growing aerospace industry. Landspace, a Beijing-based startup, was set to become the first private Chinese firm to launch a rocket into outer space. Then, at 6:40 pm, a fault occurred. Soon after, Landspace declared the mission a failure. A few weeks later, SpaceX completed its 20th successful launch of 2018. It is unfair to draw sweeping conclusions based on the performance of just two companies, but it does serve as a reminder of how far China has to go before it rivals the US as the world’s leading technological power.
On a remote farm nestled deep within the mountainous region of Daozhen, in China’s southwestern Guizhou Province, thousands of chickens are being watched closely. Aided by surveillance cameras and distance-tracking ankle tags, every step, meal and sip that the chickens take inside their paddock is uploaded in real time to an online platform. This farm, along with hundreds like it across China, is part a program that gives consumers a direct data trail from egg to plate. Launched by the technology arm of online insurer ZhongAn in 2017, it aims to boost transparency in China’s food supply chain. The technology behind GoGo Chicken is blockchain.