Bridgewater’s Significant Reduction in Chinese Stock Holdings Bridgewater Associates, the world’s largest hedge fund, has made a substantial move by significantly reducing its exposure to US-listed Chinese stocks. Over the past two years, the hedge fund, founded by billionaire Ray Dalio, has cut its stakes in mainland Chinese companies by approximately 80%. This shift comes...
Taylor Swift Eras Tour Returns to Wembley for Five Nights Taylor Swift’s monumental Eras Tour is set to make a highly anticipated return to Wembley Stadium. This time, she will perform for an additional five nights. Notably, the final performance on August 20 will close out the European leg of the tour. Her return to London follows...
Mercedes-Benz China Investment has partnered with ByteDance‘s cloud services unit, Beijing Volcano Engine Technology, to advance AI-driven smart cockpits. The collaboration will explore cutting-edge technologies, including large language models (LLMs) and generative artificial intelligence (GAI). Together, they aim to push the boundaries of automotive innovation. Under the new agreement, the companies will enhance AI-driven smart...
China’s Olympic skiing champion Eileen Gu is facing significant backlash after a video surfaced showing her dancing closely with French swimmer Leon Marchand at a Paris nightclub. This controversy, which emerged as the Paris Olympics concluded, has intensified due to Marchand’s previous actions that angered Chinese netizens. Intimate Interaction Sparks Speculation In the video, Gu, who won...
China Visa-Free Travel: Expanding Opportunities for Tourists With China’s increasing efforts to promote unilateral visa exemptions and mutual visa-free policies, the expanding visa-free “circle of friends” is attracting more foreign travelers to China. Recent official data highlights the growing impact of these policies on tourism. Significant Growth in Foreign Travelers Border inspection agencies in Shanghai...
AI-Driven Music Platforms: Melodio and Mureka Overview Kunlun Tech, a tech company based in Beijing, has introduced two innovative AI-driven music platforms—Melodio and Mureka—both powered by their advanced SkyMusic 2.0 technology. These platforms are now globally available, with Melodio accessible on both the App Store and Google Play. The launch of these AI-driven music platforms marks a...
On-Demand E-Commerce Growth: Meituan Partners with Midea Chinese food delivery giant Meituan has launched a groundbreaking service, highlighting the rapid on-demand e-commerce growth in the industry. In collaboration with Midea, one of the world’s largest home appliance manufacturers, users can now order home appliances like refrigerators and dishwashers via the Meituan app and have them delivered within...
Cultural Exchange Program Strengthens U.S.-China Student Ties A cultural exchange program hosted by Shijiazhuang Foreign Language School brought together Chinese students with their American counterparts from Iowa, fostering a dynamic and enriching experience. The program not only provided the Iowa group with an opportunity to explore scenic spots around Shijiazhuang but also engaged them in...
Older Women in Ballet: A Growing Trend in Japan In recent years, Japan has witnessed a remarkable trend: a growing number of older women in ballet. These women, often middle-aged or elderly, are either embracing classical ballet for the first time or returning to a long-forgotten passion. Consequently, this surge in interest has led to the...
WeRide Autonomous Driving: U.S. Testing Approval Milestone Chinese autonomous driving company WeRide has reached a significant milestone by securing approval from the California Public Utilities Commission to test its driverless vehicles with passengers on U.S. roads. This approval, marking a critical step in WeRide’s global ambitions, allows the company to conduct demonstration rides for non-employees, focusing on...