1. US-China relations: Top diplomats from both country met for a dialogue which could be a sign of progress for trade war negotiations.

“While both countries’ positions on issues including Taiwan and the South China Sea differed, each stressed the importance of cooperation.

They also agreed to develop a framework for military-to-military conflict de-escalation and communication.

Mr Yang said that China was committed to resolving trade issues through negotiation, while Mr Pompeo said bilateral cooperation remained essential despite their differences.

The meeting is the latest sign that tensions between the world’s two biggest economies could be easing.

“The fact that this dialogue took place and was not postponed again is a very positive sign, and helpful to solving the trade issue,” said Dr Wang Huiyao, president of the Beijing-based think-tank, the Centre for China and Globalisation.”

Read the full article on The Straits Times: High-level meeting in Washington raise hopes for deal on US-China trade dispute

  1. e-Commerce: Singles’ Day sales event rakes in more sales than western shopping holiday Black Friday.

“Chinese e-commerce giant Alibaba Group Holding Ltd smashed the 2017 record for its Singles’ Day sales event on Sunday, surpassing 168 billion yuan (US$24.15 billion) sales in under sixteen hours. 

Singles’ Day, also called “Double 11” is the world’s biggest online sales event, outstripping U.S. shopping holiday Black Friday.

The Chinese event was originally a novelty student holiday to celebrate being single, countering Valentines Day, but has since grown into a month-long online shopping festival that peaks with a 24-hour sales frenzy on November 11.”

Read the full article on Channel NewsAsia: Alibaba Singles’ Day smashes US$25 billion sales record

  1. Technology: Another job that could be easily replaced by machines – news presenter.

“The digital anchors offer certain advantages over humans, Xinhua said, such as being able to work 24 hours a day and to quickly disseminate breaking news.

“The AI Synthetic Anchor has officially become part of the Xinhua reporting team. He will work together with other anchors to bring you authoritative, timely and accurate news and information in Chinese and English,” Xinhua said.

The anchors have appeared on some Xinhua online and social media products, but it was not immediately clear how extensively they would be used by the agency.

Rather than true AI, however, the Xinhua presenters merely react to text that is fed into their systems, the agency said. True AI involves machines that can think, make decisions and take action on their own”

Read the full article on Channel NewsAsia: Chinese state media debut ‘AI’ news anchors

 

Picture credits: https://unsplash.com/photos/aku7Zlj_x_o