Nikkei Asia

The investment model increases the risk of overinvestment in Beijing's priority sectors.

The carmaker focuses on physical AI that powers EVs, charging stations, flying cars, and humanoid robots.

The government-owned investor also focuses on hedge funds to diversify its portfolio.

The robotics company intends to allocate nearly half of its IPO proceeds to embodied intelligence research.

The US e-commerce giant is phasing out fulfillment services as it trails far behind regional players.

China Southern, Air China, and China Eastern all point to fuel costs as a drag on earnings.

Domestic advances span AI smartphones, chips, and supercomputing systems.

Losses at EV makers like BAIC, Seres, and GAC contrast with a brighter picture upstream.

DeepSeek and others are winning on price, but concerns over foreign dependence loom.