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China’s Lithium Reserves Triple

China’s Lithium Reserves Triple

by Teuvo Tuomi | Jan 9, 2025 | China, Energy, News, Reports, Sustainability

China’s lithium reserves have nearly tripled to make it the world’s second-largest holder of the key metal for renewable energy technology, Xinhua reports. The country now has 16.5% of global reserves, behind only Chile. It has moved ahead of Australia, Argentina and...
“Cheap” Startup DeepSeek Challenges AI Giants

“Cheap” Startup DeepSeek Challenges AI Giants

by Teuvo Tuomi | Jan 5, 2025 | AI, China, Innovation, News, Technology

Chinese start-up DeepSeek has emerged as “the biggest dark horse” in the open-source large language model (LLM) arena in 2025 with its latest release DeepSeek V3. That assessment came from Jim Fan, a senior research scientist at Nvidia and lead of its AI Agents...
Nio’s New Car Challenges Mini and Smart

Nio’s New Car Challenges Mini and Smart

by Teuvo Tuomi | Dec 22, 2024 | AI, China, Environment, News, Technology

Under its Firefly brand, Chinese electric vehicle (EV) maker Nio has launched a new small car, which will compete with BMW’s Mini and Mercedes-Benz’s Smart. William Li, the co-founder and CEO of the Shanghai-based carmaker, says that the small and cheap model...
Tairex Testing AI Hospital Platform

Tairex Testing AI Hospital Platform

by Teuvo Tuomi | Dec 3, 2024 | China, Asia, Digitalization, Innovation, News, Technology

A Chinese start-up from prestigious Tsinghua University has started internal tests of its virtual hospital platform powered by artificial intelligence (AI). The platform developed by Tairex, a company set up in September under the university’s Institute for Al...
China Ships Almost 30 Million Mobile Phones in October

China Ships Almost 30 Million Mobile Phones in October

by Teuvo Tuomi | Dec 1, 2024 | Business, China, News, Technology

China’s mobile phone shipments rose 1.8% year-on-year in October 2024 to 29.67 million units, according to the China Academy of Information and Communications Technology (CAICT). 5G mobile phones accounted for about 90% of the October shipments, totaling 26.72...
Hong Kong’s Three-Runway System Takes Off

Hong Kong’s Three-Runway System Takes Off

by Teuvo Tuomi | Dec 1, 2024 | Aviation, China, Hong Kong, Infrastructure, Transportation, Travel, Visions

The Hong Kong International Airport’s 18.18 billion USD three-runway system, Hong Kong’s largest-ever infrastructure project, has taken off. The airport will accommodate over 120 million passengers and handle 10 million metric tons of freight annually by 2035. The...
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