Unitree vs. Shein: How August’s big China IPOs show how AI hype is leaving e-commerce giants behind

WorldPing

Unitree may be smaller and younger compared to Shein. But in the eyes of investors, the robot maker is the more exciting bet.

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Fortune•

China, the EU, and Singapore are pushing back against the White House’s new ‘Great Transshipment Scam’ report

The White House claimed last week that the rerouting of Chinese goods cost the U.S. as much as $303 billion.

Brief by WorldPing · Original reporting by Fortune

WorldPing

The Guardian•

China’s economy showing signs that slowdown may be extending

Industrial output and retail sales slump in July after one of the country’s weakest quarterly growth rates ever China’s economy is showing signs of extending a slowdown with a slump in industrial output and retail sales in July, adding to pressure on…

Brief by WorldPing · Original reporting by The Guardian

TechCrunch•

Nvidia investing $1.5B in SoftBank data center developer behind OpenAI project

Nvidia's investment in SoftBank's data center developer will guarantee its chips power an OpenAI data center.

Brief by WorldPing · Original reporting by TechCrunch

Deutsche Welle•

Indonesia neutrality tested by joint naval drill with China

Indonesia maintains a nonaligned foreign policy, but Jakarta's limited participation in a low-level naval exercise with China's navy near Taiwan has raised concerns.

Brief by WorldPing · Original reporting by Deutsche Welle

WorldPing

Times of India•

US destroyer was 'dead in water' for 4 days in South China Sea after power failure

US destroyer was 'dead in water' for 4 days in South China Sea after power failure — full report at Times of India.

Brief by WorldPing · Original reporting by Times of India