China
Huawei eyes backing 1 million AI developers in 3 years
Huawei eyes backing 1 million AI developers in 3 years
The company hopes to bank on an AI industry that could grow to US$380b by 2025.
Huawei joins chipmaking fray with 2 new AI chips for data centres
But it does not plan to directly compete with global chipmakers as Ascend 910 and 310 will not be sold to third parties.
Asian healthtech deals surged 56.8% to US$4.97b in Q3
The highest deal worth US$146m was closed in China.
China to push for legislation of property tax
The market cannot be put under control even after previous curbs over the past two years.
China's infrastructure investment growth contracted 1.8% in July
But it could recover amidst the government's policy easing.
China M&A deal values fell 18% in H1
Domestic strategic M&A crashed 27% to about US$1b.
China dominates world's largest banks even as Europe flexes financial muscle
Chinese lenders held the top four places in overall ranking based on Tier 1 capital.
China turns to “internet hospitals” as healthcare demand shoots up
Tech startups are the biggest winners.
CapitaLand expands China footprint through new hotel management firm
It has a registered capital of $20.9m.
China to trim minimum bank reserves in July
The move will release liquidity valued at around US$100b to support the economy.
CapitaLand buys $1.18b property in China
The mixed-used site can yield up to 1,900 residential units and a shopping mall.
APAC crowned as world's largest source of real estate capital
Capital outflows from China, Hong Kong, and Singapore that totalled US$71.9b secured APAC's top spot.
Ascott expands footprint in China with two new serviced residences
Ascott Harmony City and Somerset Baitang are serviced-residences with 164 and 194 units, respectively.
China's looser rules on foreign investors to ease foreign bank entry
It will allow easier entry for insurance-related businesses.
Crazy, rich Asians: APAC's ultra-wealthy population is world's richest in 2017
Their total wealth climbed 14.8% to US$21.6t.
China next to US as largest foreign investment hub in 2017
Hongkong, Brazil, and Singapore came next with US$104b, US$63b, and US$62b worth of FDI, respectively.
Frasers Hospitality launched second Tianjin property
It has 224 Gold-Standard studio residences and two bedroom apartments.
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