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South China Morning Post
08-05-2025
- Business
- South China Morning Post
How China's self-sufficiency drive is dividing the global tech ecosystem
China is rapidly advancing its technological self-sufficiency in semiconductors and biotechnology , a trend accelerated by escalating trade tensions with the US, industry experts said in a webinar hosted by the South China Morning Post's China Future Tech. Advertisement 'We need to be ready to see a world that will be increasingly polarised, basically with the bifurcation in supply chains, which could be about manufacturing, which could be about data flows … could be about investment,' said Gary Ng, senior economist at Natixis Corporate & Investment Bank, during the panel discussion on Thursday. Ng noted that the ongoing US-China trade disputes have spurred China's investment in technological independence, especially in semiconductor capabilities. Since 2018, China's research and development spending in technology has increased from about 2 per cent of gross domestic product to 2.6 per cent, surpassing the European Union but still trailing the US. 'We will begin to see two separate tech ecosystems in the future, one maybe dominated by China, the other one led by the US,' Ng said. 'Different countries … will need to decide which one to get into.' Huawei Technologies ' resurgence epitomises China's strides towards tech independence. 'In 2023, August, Huawei surprised the world by quietly releasing for the domestic market its own 5G smartphone, which they had actually given up … because of the [US] trade sanctions,' said Bien Perez, a senior production editor at the Post. Perez added that while Huawei's domestic revival was robust, the lack of access to foreign tech ecosystems – such as Google services on Android – remained a hurdle in global markets. Advertisement
South China Morning Post
28-01-2025
- Business
- South China Morning Post
DeepSeek's AI breakthrough could alter China's ‘national fate' in US tech war
Ben Jiang in Beijing and Bien Perez in Hong Kong Published: 12:00pm, 28 Jan 2025 Updated: 1:25pm, 28 Jan 2025 The Hangzhou-based company sent shock waves across Wall Street and Silicon Valley for developing AI models at a fraction of the cost compared with OpenAI and Meta Platforms, which prompted US President Donald Trump to call the breakthrough a 'wake-up call' and 'positive' for America's tech sector. At home, Chinese tech executives and various commentators rushed to hail DeepSeek's disruptive power. Zhou Hongyi , co-founder, chairman and chief executive of Chinese cybersecurity firm Qihoo 360, declared that DeepSeek has 'upended the world' in a recent video posted on his Weibo account, after the start-up's release of two powerful new AI models – built at a lower cost and with less computing resources than what larger tech firms typically need for LLM development. In a widely shared Weibo social media post, Feng Ji, founder and chief executive at Black Myth: Wukong developer Game Science, wrote that DeepSeek's achievements in AI could change China's 'national fate' amid its prolonged tech war with the US. On January 20, DeepSeek publicly released its open-source R1 reasoning model, which it claims is on par with the performance of OpenAI's o1 – a model that the US start-up said can 'reason through complex tasks and solve harder problems than previous models in science, coding and maths'.
South China Morning Post
28-01-2025
- Business
- South China Morning Post
DeepSeek's breakthrough hailed in China as answer to win AI war
Ben Jiang in Beijing and Bien Perez in Hong Kong Published: 12:00pm, 28 Jan 2025 At home, Chinese tech executives rushed to hail DeepSeek's disruptive power. Zhou Hongyi , co-founder, chairman and chief executive of Chinese cybersecurity firm Qihoo 360 , declared that DeepSeek has 'upended the world' in a recent video posted on his Weibo account, after the start-up's release of two powerful new AI models – built at a lower cost and with less computing resources than what larger tech firms typically need for LLM development. In a widely shared Weibo social media post, Feng Ji , founder and chief executive at Black Myth: Wukong developer Game Science, wrote that DeepSeek's achievements in AI could change China's 'national fate' amid its prolonged tech war with the US.
