Foreign firms face China’s cutthroat competition, while AI threatens knowledge platform Zhihu
A new survey is showing foreign investors in China are most concerned about cutthroat competition from Chinese rivals rather than the traditional concerns over market access. What's behind this changing mindset? And Q&A knowledge-sharing site Zhihu is facing an existential challenge from AI. How can the company compete in the face of such a big threat?
BRIEF: JD.com in talks to acquire German electronics retailer Ceconomy
German electronics retailer Ceconomy (CECG.DE) confirmed on Thursday that it is in talks to be acquired by Chinese e-commerce giant JD.com Inc. (9618.HK, JD.US). According to Reuters, JD.com has offered…
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