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Chinese Youth Build One-Person Companies to Escape Workplace Age Discrimination

Key Points: Fear of the "curse of 35" pushes young Chinese workers to start solo businesses powered by artificial intelligence. The city of Suzhou pledged $100 million to help fund and cultivate 10,000 one-person companies by 2028. A former product manager now earns $5,800 a month, making automated commercials entirely on his own. Experts note that funding solo founders provides local governments with a low-cost...

Auto China 2026 Highlights a Massive Shift Toward Artificial Intelligence

Key Points: Auto China 2026 features more than 2,000 companies and 1,451 vehicles, including 181 global debuts. Horizon Robotics launched a new 5-nanometer chip that saves carmakers $585 per vehicle and cuts development time by 10 months. XPeng plans to achieve fully driverless operations by early 2027 and sell 10,000 humanoid robots. Global brands like Volkswagen and BMW partnered with local tech firms to bring...

Tokyo Electron Fires Top Executive Over Secret Ties to Chinese Rivals

Key Points: Japanese chip equipment maker Tokyo Electron recently cut ties with its veteran executive Jay Chen following a shocking internal discovery. The company found out Chen had personal connections to financial investment groups that directly fund up-and-coming Chinese semiconductor competitors. Chen managed a massive $5.6 billion business division for Tokyo Electron in China and worked in the tech industry for more than 20 years....