Recap | Trump’s return threatens Chinese EV makers, Xiaomi, ByteDance, Baidu lead AI talent war and more about tech
The global expansion of biotech firms is another story the SCMP has been covering in the realm of future tech recently
China’s tech giants are pushing to meet the surging demand for experts in AI, NLP, and deep learning, aiming to match US competition and seize local market opportunities. This surge in hiring reflects a 111 per cent rise in demand, with average monthly pay reaching nearly triple the IT sector average.
Trump’s pledge to protect US car manufacturers and curb China’s EV dominance could disrupt global market dynamics and further complicate entry into the American market.
Chinese pharmaceutical firms are leveraging AI and quantum physics to drive drug development and market growth in a broader trend of domestic companies seeking growth outside their home market.