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Two interesting articles about China-US technological collaboration before and after their recent ‘AI risk’ discussion. The Diplomat’s article takes a particularly in-depth look at how geopolitics and innovation clash, detailing possible steps forward. Dennis Wilder in South China Morning Post SCMP highlights the need to address the loss of academic links between the two countries. However, given the overall state of US-China relations - I'm not optimistic. At least not until the benefits of cooperation outweigh the perceived risks.https://lnkd.in/ehxa9q-Bhttps://lnkd.in/emhxhQi2#China #US #AI #Geopolitics
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Yannick Mahé
Head of Business Engineering & Growth Engineering, Greater China Region at Meta
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With China’s domestic market close to saturation, competition runs high.As Chinese companies look internationally to gain profit and market share, the world watches new competitors arise to challenge seasoned global players. My blog post ‘Navigating the Landscape of Chinese Big Tech Breaking out of China’ -- Gives an overview of the current global landscape encompassing social media, ecommerce, payments, cloud, EVs and search.- Analyses international and Chinese players, debating their strengths and weaknesses.- And provides insights into the future of what we can expect in the international field.In the battle between the Chinese Tech Giants vs. FAANGs - who do you think will end up on top? #China #US #Technology #AI #Global
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Yannick Mahé
Head of Business Engineering & Growth Engineering, Greater China Region at Meta
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For a country that is generally not associated with eco-friendliness, China has heavily invested in eco-friendly tech. China’s dominance in mineral processing has contributed to making sustainable technologies (e.g. electric vehicles, wind turbines, and solar panels) more globally accessible, but in doing so has damaged local ecosystems and communities in host countries. As China continues to strengthen its position within the green tech niche and the demand for minerals rises, there is a greater need for mining bodies to adhere to higher environmental and social standards. https://lnkd.in/eMc2CuFJ#China #Green #Mining #Tech
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Yannick Mahé
Head of Business Engineering & Growth Engineering, Greater China Region at Meta
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If you haven’t already heard, China and the US held intergovernmental talks in Geneva to collaboratively address AI risks and hopefully improve overall governance. It is difficult to say what will come out of the discussion between the two competing economies. With mainly platitudes coming out at present, it is still positive to see discussions happening.https://lnkd.in/evK_GEJK#China #US #Intelligence #Technology
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Yannick Mahé
Head of Business Engineering & Growth Engineering, Greater China Region at Meta
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Thoroughly enjoyed my time in Suzhou last week attending a quarterly business review and connecting with key partners!A lot of interesting things came up, our discussions highlighted one particular aspect that caught my interest. While China has incredible manufacturing capabilities and logistics, their export e-commerce market lacks first-party knowledge about their target markets. In an intriguing switch, when the rest of the world is more focused on "finding out who will buy my product", China export companies’ top issue is "finding out what people will buy".#Suzhou #China #Ecommerce #Export
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Yannick Mahé
Head of Business Engineering & Growth Engineering, Greater China Region at Meta
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In the face of microchip bans, trade restrictions, stricter local regulation, and language barriers, the recent creation of the Taichi chip is a perfect example of China’s tenacity in their strategy to become more self-reliant and circumvent the US’s attempts to slow down China’s progress. Although this article accurately highlights the various obstacles China faces in catching up, I am confident that the majority of these challenges can be overcome. Kai-Fu Lee's book "AI superpowers", highlighting the rise of China as an AI powerhouse remains as relevant as ever. While the US currently remains ahead of China in terms of producing notable machine learning models, it is no secret that Chinese companies are the fastest at iterating and do not let competitors maintain a head start for long.https://lnkd.in/ewDcD_rA#US #China #AI #Technology
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Yannick Mahé
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China has announced the elimination of foreign investment restrictions on “Value-Added Telecom Services” (VATS) in pilot areas (including Beijing, Shanghai, Shenzhen, Hainan). The notice signifies a positive step towards further opening up China’s telecom market. VATS encompasses a broad range of services, but to keep it short: ISPs, data-centres, CDNs and transaction & data processing.By focusing efforts in China’s major economic hubs, simplifying the VATS restriction framework, and relaxing ownership restrictions, China is actively encouraging foreign companies to expand China-based operations and reducing the barriers to entry.Foreign cloud service providers and other internet infrastructure businesses can now compete with domestic players which will likely stimulate competition, drive investment and hopefully enhance overall service quality in China’s telecom sector. While this starts small, it’s a significant shift in China’s economic protectionism policies. Likely mainly driven by a need for more foreign capital, this is a big opportunity for the right players.https://lnkd.in/dukPrnid
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Yannick Mahé
Head of Business Engineering & Growth Engineering, Greater China Region at Meta
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When it comes to tech unicorns, two giants dominate the global landscape. While the US still far outpaces China, with 700 vs China’s 340, China’s rapid rise of unicorns showcases its thriving startup ecosystem. China’s strategic focus on AI and semiconductor reflects their commitment to advancing in cutting-edge technologies, while the US retains focus on software-as-a-service, fintech and AI. Fuelled by Silicon Valley’s innovative tech engine, the US is proving to be a powerhouse on the global technological landscape. Further down the spectrum, the EU houses only 109 unicorns between its 27 members. This equals 8% of global unicorns in comparison to their 15% contribution to the world's GDP. EU countries’ appetite for regulations and its argued stifling innovation is an ongoing meme that attempts to explain this disparity - but I believe this is more fundamentally about market segmentation. While the US and China have one language, one core set of regulations, one predominant culture in their markets, EU startups have to contend with either much smaller markets or an early drain on resources (in localization/regulation) to try and address the whole European market. These are economic and geographic fundamentals that aren’t going to change - I expect the US and China to further expand their lead on the EU.#China #US #Unicorns #Business #Technologyhttps://lnkd.in/eXpqR6VFhttps://lnkd.in/emMvpkUd.
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Yannick Mahé
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Companies such as #Intel and #Nvidia are producing China-specific chips with reduced power and capability. As the US attempts to manually slow down China’s tech development via microchip trade restrictions and limitations, could Tsinghua University’s Taichi be the key to China’s success? As a light-based AI chip, Taichi showcases significant advancements in energy efficiency and performance, and currently surpassing Nvidia’s H100 GPU (which is banned in China due to US trade restrictions) in energy efficiency. Showing promise with image recognition training, content generation, PICs, and on-chip classification, Taichi offers scalability and a potential pathway for China to gain a stronger, more independent foothold in the international tech landscape. https://lnkd.in/esUxpXzshttps://lnkd.in/eReyWwCn#US #China #Technology #Microchips
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Yannick Mahé
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With EMarketer expecting China’s online sales to reach an incredible USD$ 3.56 trillion by 2024, China’s ecommerce market is rapidly growing and potentially presents an untapped seisable opportunity.As Chinese consumers become exponentially tech-savvy, it’s unsurprising we are seeing digital trends and social media culture increasingly impacting consumer’s buying behaviours. Younger demographics, in particular, are changing the online shopping journey and it is interesting to see how this will develop as the world further integrates with technology. With growing preference for purchasing on mobile devices, and leveraging promotional opportunities via streaming and gamification, marketing and advertising is entering a new age of creative growth that we have not seen since America’s 1950 advertising boom.Online personas are becoming increasingly important and with the #IoT making the world more accessible, people are easily able to find communities that resonate with them online. In my personal experience, brands who are aligned with my interests are the brands that I give my loyalty to. This is no different to what we see happening in the Chinese market, making localisation, nichification and individualised marketing key pillars for success. It makes sense that local businesses are winning over the market from their foreign counterparts, as they are better positioned to grasp these cultural and social nuances and apply them. Strategic partnerships do present an interesting avenue for brands who are hoping to break into the China market, it’s not an easy path though, and building the win-win can be challenging. Thank you Branding Records for the insightful report. https://lnkd.in/eza-myuh#China #Consumers #MarketResearch #Marketing #Digital #Ecommerce
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