Insights

MiniMax and Zhipu, part of the cohort, have already entered the public markets.

The country produces nearly half of global tea output, yet much is still exported as bulk raw material.

Transparency reforms address MSCI’s concerns, but execution and investor confidence remain critical.

The latest five-year plan seeks to expand the local capital market and encourage listings by large private firms.

The sector is expanding much faster than broader economies in the region.

The chairman has shrugged off the drop in gold prices amid the Iran war and is targeting expansion in Southeast Asia and Japan.

Qwen’s new ride-hailing feature highlights how difficult it is to build AI that can execute reliably in the real world.

Advances in AI models are lowering costs and enabling more complex productions, though challenges persist.