Chinese e-commerce platforms to end refund-without-returns amid weak economy: Sources

To relieve financial strain on retailers, Chinese regulators have reportedly asked e-commerce system operators to stop requiring customers ‘ refunds without requiring the transfer of goods, according to two people with knowledge of the situation. The state met with businesses, including PDD Holdings, and decided that single retailers could initiateContinue Reading

Japan PM vows to support businesses hit by US tariffs

Ishiba was tight-lipped Tuesday about imposing retaliatory tariffs on US imports but said he will explain “details on flexible methods” with his decision partnership. For now, away from opening the 1, 000 discussion boards, he said” we will do everything we is” to help smaller and mid-sized companies procure moneyContinue Reading

Q&A with Mongolia’s deputy prime minister on its green energy push

Q. Mongolia is positioning itself as a new supplier of nutrients to entice foreign owners and promote the development of renewable energy. Mongolia is actively working toward an power force, but why?

We have resources because we are a nation that produces solar energy. We are currently enabling how to invest in Mongolia’s power industry. &nbsp,

At the same time, there is artificial knowledge developing. Every nation puts a lot of effort into that and makes significant investments. Through its data centers, AI has really increased the demand for electricity. The energy in ( Mongolia ) is abundant and inexpensive. &nbsp,

China is next, followed by Mongolia, and there is a lot of mineral require there. We have a lot of materials, including metal metal, gold mine, and metal. &nbsp,

We are ( encouraging ) businesses to invest in energy because it is both profitable and risk-free at the same time as this.

Q. Hong Kong is urging international investors to increase their businesses. Why do you think Hong Kong also has opportunities to sell?

Hong Kong is a very good gateway regionally, and doing business is fairly simple, too. &nbsp,

Additionally, China is on par with Hong Kong in terms of growth. So it’s even very remarkable for the buyers ‘ area. &nbsp,

So I believe that Asia Pacific ( and the ) East Asian regions need to unite to face the challenges now that the trade war is raging. &nbsp,

Singapore and Hong Kong may be fine travel destinations.

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China’s deflationary pressures deepen in February

BEIJING: China’s consumer price index ( CPI ) in February missed expectations and fell at the sharpest pace in 13 months, while producer price deflation persisted, as seasonal demand faded and households remained cautious about spending amid job and income worries. Beijing next year vowed greater efforts to boost intakeContinue Reading

Tencent releases new AI model, says replies faster than DeepSeek-R1

In the latest sign that the company’s domestic and international success is putting pressure on its larger companies in China, tech giant Tencent announced on Thursday ( Feb 27 ) a fresh AI type that it claims can answer questions more quickly than DeepSeek’s R1.

The Hunyuan Turbo S is able to respond to questions in less than a second, making it unique from “deep-thinking designs that need to” think for a while before asking,” according to Tencent in a speech.

Tencent added that when tested on fields like awareness, arithmetic, and argument, Turbo S ‘ capabilities matched DeepSeek-V3, which powers DeepSeek’s AI robot that has surpassed OpenAI’s ChatGPT in game keep downloads.

A post demand was not immediately responded to by DeepSeek.

The success of DeepSeek’s R1 and V3 designs, which were praised and widely adopted in Silicon Valley for the first time by a Chinese company, has caused Chinese tech companies like Tencent to start producing new types of Artificial designs following the release of OpenAI’s ChatGPT in late 2022.

Last month, just weeks after DeepSeek-R1 shook the world technical order and triggered an AI property sell-off outside China, e-commerce giant Alibaba released the Qwen 2.5-Max design, which it claimed exceeds DeepSeek-V3 across the board.

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