Foreign travel to China showed initial signs of recovery in 2024Q1. Foreigner entry/exit counts recovered to 92 percent of pre-pandemic levels in 2019, growing 305 percent from 2023. Data shows that visa exemptions contributed to the recovery.
Von Experts Table.Briefings
China is still dependent on imports of automotive chips from the EU and the US. To improve the supply chain security of Chinese automotive OEMs, the Chinese government promotes joint development and cooperation along the entire value chain of automotive chips.
Von Experts Table.Briefings
China's real estate market continues to struggle. On May 17, the People's Bank of China launched four policies to address the property market’s decline. However, the potential for these policies to have a significant impact is limited.
Von Experts Table.Briefings
Since 2021, China has been accelerating its investments in the manufacturing sector to bolster economic growth and balance the shrinking investment in the real estate sector. However, this creates multiple problems both domestically and internationally.
Von Experts Table.Briefings
While still lagging behind the US in AI research, China has a unique advantage in AI commercialization: widely available high-quality data. In medical AI, interconnected public hospital networks and less stringent privacy regulations enabled commercialization ahead of US and EU markets.
Von Experts Table.Briefings
China’s government focuses on information control and ensuring political interests in its AI regulatory framework. Foreign companies are under increasing pressure to develop and provide AI tools and services locally in China.
Von Experts Table.Briefings
Faculty members and graduates of Tsinghua University have founded numerous AI companies for large language models. These start-ups have a common goal: to become China's OpenAI.
Von Experts Table.Briefings
The biggest challenge for many supply networks is the strong dependence on China at downstream supplier levels. However, this complexity can be overcome with a precise analysis and risk assessment.
Von Experts Table.Briefings
According to a recent survey, for the first time since 2020, more than half of people in Southeast Asia would prefer China as an ally to the US if they had to choose between the two superpowers.
Von Experts Table.Briefings
In 2023, China's population declined for the second year in a row, falling by 2.08 million people. A provincial comparison shows large differences in population change between regions.
Von Experts Table.Briefings
