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Apple launches new clean energy fund in China

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Cupertino, California — Apple today announced a new first-of-its-kind investment fund in China to connect suppliers with renewable energy sources. As part of Apple’s commitment to address climate change and increase the use of renewable energy within its supply chain, 10 initial suppliers and Apple will jointly invest nearly $300 million over the next four years into the China Clean Energy Fund. The fund will invest in and develop clean energy projects totaling more than 1 gigawatt of renewable energy in China, the equivalent of powering nearly... Read More »

BMW Group and Great Wall Motor sign joint venture agreement for MINI electric vehicles in China

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During an event for autonomous and connected driving attended by China’s Premier Li Keqiang and Germany’s Chancellor Angela Merkel in Berlin, the BMW Group and Great Wall Motor committed to found a new joint venture, “Spotlight Automotive Limited”, for the development and production of electric vehicles in China. As well as MINI electric vehicles, the joint venture will also produce electric vehicles for Great Wall Motor. The establishment of the new company is subject to approval from the relevant Chinese authorities and the completion of busi... Read More »

Nokia and China Mobile to set up joint AI*5G lab for further research using artificial intelligence and machine learning in 5G networks

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As massive and rapidly changing connectivity and coverage demands are placed on 5G networks by billions of IoT devices and a growing array of consumer services, networks will need to predict and respond to those changes in real-time. Under the new agreement, Nokia and China Mobile will work together to research the application of AI and machine learning to ensure any changes in demand are predicted and network resources are automatically allocated to meet all service demands with consistent high quality and reliability. At the new laboratory... Read More »

Nokia wins State Grid Corporation of China optical transport network upgrade in Beijing and Tianjin

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The State Grid Corporation of China (SGCC) constructs and operates power grids providing power to over 1.1 billion people in 26 provinces, autonomous regions and municipalities, covering 88 percent of China. With a mission to provide safer, cleaner and a more economical and sustainable power supply, SGCC is improving its production and management process. An upgraded optical transport network for support of integrated data network and operations network services is a key step, meeting growing bandwidth capacity demands and paving the way for fu... Read More »

Toymaker Lego teams up with Chinese internet giant Tencent

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Privately-owned Lego has seen a slowdown in sales growth in recent years, but the Chinese market has been a bright spot with sales growing 25-30 percent in 2016. It is competing with Barbie maker Mattel Inc (MAT.O) and Hasbro (HAS.O), the firm behind My Little Pony, for a slice of the $31 billion toys and games market in China. Lego said on Monday the partnership with Tencent, China’s biggest social network and gaming company, aimed to create a safe online environment covering content, platforms, and experiences tailored for Chinese children... Read More »

Apple: Chinese firm to operate China iCloud accounts

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It has contacted customers based in China, advising them to examine new terms and conditions. They include a clause that both Apple and the Chinese firm will have access to all data stored on iCloud. Apple said it had made the move to comply with the country's cloud computing regulations. iCloud accounts registered outside of China are not affected. 'Strong data privacy' The Chinese cyber security rules, introduced in July last year, include a requirement for companies to store all data within China. The firm, Guizhou on the Cloud Big Data (G... Read More »

World’s Biggest Education Market Is Opening For Business

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Successive reforms of strict prohibitions on foreign-owned schools has seen the number of students enrolled in international schools rise, with the Chinese market now the largest in the world. And the most lucrative end of the market is in line for a significant fillip in 2018 following changes introduced this year. Suspicion of western influence has been behind a historical reluctance on the part of the Chinese authorities to allow international schools to gain anything more than a toe-hold in the country. Access was generally denied to Chi... Read More »

Chinese skyscraper to be auctioned online

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A 156m (511ft) skyscraper in northern Shanxi province has been listed on Taobao, China's largest e-commerce website, by a local court. The 76,000 sq m repossessed building is due to go on the block on 2 January, with a sky high asking price of 553m yuan ($84m; £62m). The site said online auctions helped with transparency in property sales. Construction on the building first began in 2006 and was due to be completed by 2011, according to Chinese state media outlet Xinhua. However, the developer ran into funding troubles. The building was even... Read More »

Google to open artificial intelligence centre in China

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Google said the facility would be the first its kind in Asia and would aim to employ local talent. Silicon Valley is focusing heavily on the future applications for AI. China has also indicated strong support for AI development and for catching up with the US. Research into artificial intelligence has the potential to improve a range of technologies, from self-driving cars and automated factories to translation products and facial recognition software. In a blog post on the company's website, Google said the new research centre was an imp... Read More »

German spy agency warns of Chinese LinkedIn espionage

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The agency alleges that Chinese intelligence used the networking site to target at least 10,000 Germans, possibly to recruit them as informants. It released a number of fake profiles allegedly used for this purpose. BfV head Hans-Georg Maassen said the accounts show China's efforts to subvert top-level German politics. "This is a broad-based attempt to infiltrate in particular parliaments, ministries and government agencies," he said. China has denied similar allegations of cyber espionage in the past and has not yet responded to the Germ... Read More »

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