Latest news with #Shu
International Business Times
15-06-2025
- Entertainment
- International Business Times
The exhibition "The Light of the Sun: Ancient Shu Civilization and the World" opens on June 9th
On June 9th, the exhibition "The Light of the Sun: Ancient Shu Civilization and the World" hosted by Information Office of Sichuan Provincial People's Government, opens in New York. Replicas and 3D printed parts of representative cultural relics of ancient Shu civilization, such as bronze human heads, gold masks, gold ornaments of the Sun God Bird, and gold scepters, are showcased collectively. The exhibition features a multimedia display project titled "Return to Ancient Shu", which is presented through a combination of three-sided surround projections and ground projections, and utilizes naked-eye 3D technology and 3D animation special effects. The entire film lasts approximately 3 minutes, comprehensively depicting the development trajectory of the ancient Shu civilization represented by Sanxingdui and Jinsha, as well as the key points of archaeological work. It organically integrates the visuals of the sites, dynamically presents the exquisite cultural relics, and visually showcases the charm of the Sanxingdui and Jinsha sites as the central sites of the ancient Shu civilization in the Bronze Age in the upper reaches of the Yangtze River.
Yahoo
11-06-2025
- Entertainment
- Yahoo
Sichuan Provincial People's Government Information Office: The Exhibition "The Light of the Sun: Ancient Shu Civilization and the World" Opened on June 9th
New York, New York--(Newsfile Corp. - June 11, 2025) - On June 9th, the exhibition "The Light of the Sun: Ancient Shu Civilization and the World" hosted by Information Office of Sichuan Provincial People's Government, opened in New York. Replicas and 3D printed parts of representative cultural relics of ancient Shu civilization, such as bronze human heads, gold masks, gold ornaments of the Sun God Bird, and gold scepters, are showcased collectively. The light of the sun, ancient Shu civilazation and the world To view an enhanced version of this graphic, please visit: The exhibition features a multimedia display project titled "Return to Ancient Shu", which is presented through a combination of three-sided surround projections and ground projections, and utilizes naked-eye 3D technology and 3D animation special effects. The entire film lasts approximately 3 minutes, comprehensively depicting the development trajectory of the ancient Shu civilization represented by Sanxingdui and Jinsha, as well as the key points of archaeological work. It organically integrates the visuals of the sites, dynamically presents the exquisite cultural relics, and visually showcases the charm of the Sanxingdui and Jinsha sites as the central sites of the ancient Shu civilization in the Bronze Age in the upper reaches of the Yangtze River. Company: Sichuan Provincial People's Government Information OfficeContact: Ms. Jean HuangEmail: 269605548@ +86188 8403 3894Website: 30 Duyuan Street, Chengdu, Sichuan, China To view the source version of this press release, please visit Sign in to access your portfolio
CNBC
11-06-2025
- Business
- CNBC
CNBC's The China Connection newsletter: AI hits an already weak jobs market
China's eagerness to adopt artificial intelligence comes just as economic growth is slowing, putting millions of routine jobs at risk. "I'm planning to get rid of 360 [Security Technology's] entire marketing department. This way the company can save tens of millions a year," founder and chair Zhou Hongyi said in a Chinese-language video on Friday night, translated by CNBC. It's since been viewed more than 191,000 times on popular Chinese platform Weibo alone. Zhou, who has nearly 12 million followers on Weibo, said he's attempting to use the company's forthcoming generative AI tool to prepare a press conference for the product by himself in five days. The AI agent plus search tool is due for release on Wednesday. Whether or not it's just another sales ploy by Zhou, who goes by the moniker "Red Shirt Big Uncle Zhou Hongyi," the video captures an emerging reality: companies pressured to cut costs may increasingly replace jobs with AI. Worrying signs are piling up. Last week, U.S. financial giant Citi said it's cutting 3,500 tech jobs in China by October. U.S.-based Anthropic CEO Dario Amodei told Axios last month that AI could lead to unemployment rates of 10-20% over the next one to five years. In China, more companies are discussing AI-driven efficiencies, especially in marketing and coding. Food delivery giant Meituan told investors in late May that about 52% of new code was generated by AI, up from 27% disclosed in March. Big Chinese tech companies are pointedly asking for new young recruits to have AI skills, said Shu Weibing, partner and COO at HangHang AI. "If a student doesn't know how to use AI, then it will be very hard to get a job," Shu said in Mandarin, translated by CNBC. HangHang AI focuses on AI skills training. On June 6, it launched a "Global AI" platform to help entrepreneurs get initial funding for AI projects, even if they are still working a day job. So far, the platform has 70 investors participating and at least 50 projects on board, Shu said. He added that the goal is to invest in 1,000 projects over three years, with each one receiving 10,000 yuan from three backers, totaling 30,000 yuan to jump-start each project. Chinese authorities have encouraged efforts to embrace AI and robots, while increasing support for employment. The Ministry of Finance announced on Tuesday that it has allocated 66.74 billion yuan ($9.29 billion) for employment-related subsidies this year. On Monday, the Ministry of Industry and Information Technology and the Ministry of Civil Affairs announced a two-year pilot program to test the use of robots for senior citizen care. To be sure, AI isn't about to suddenly hit every single industry. But since the Covid-19 pandemic, a persistent story, seen on Chinese social media and in casual conversations, is one of job uncertainty. Record graduates. More people getting some support from their parents and pursuing higher degrees. Companies cutting wages, clawing back bonuses and closing departments, if not shutting down altogether. Individuals and businesses have turned to social media and selling products via livestream, where competition is still fierce but the potential for overnight success remains. Complicating the job market further is a local culture that prizes work, even if it means regular overtime and weekend conferences. The unhealthy competition is most apparent in China's electric car market, where fierce competition has led to a race to the bottom, prompting government warnings to stop what's colloquially known as "neijuan," or involution. That's not even accounting for the economic impact of escalating trade tensions, which resulted in a 34% plunge in China's exports to the U.S. last month, official data showed Monday. About 16 million jobs in China are tied to U.S. exports, Goldman Sachs has estimated. Monthly business surveys for May showed contraction in the labor market across the board. The data indicate a situation rarely seen in the past decade, Goldman Sachs' Hui Shan pointed out in an analysis published last week. "Labor markets are very weak, especially in construction and among small businesses." But "labor market weakness could be a catalyst" for more stimulus, the report said. China's top leaders typically hold a policy meeting in late July. Mark Smith, CEO of mineral development company NioCorp, says that the U.S. needs to find a way to get along with China for its supply of heavy rare earths while the former builds up its supply chain, and that stockpiling of critical minerals is unlikely to be effective, as China is the sole supplier. Robin Xing, Chief China Economist at Morgan Stanley, discussed the ongoing differences between the U.S. and China, ranging from trade to EVs, and how that affects sentiment in China. Meituan's Keeta unit launched drone deliveries in Hong Kong, extending its existing routes in Mainland China. Meituan's Vice President Yinian Mao spoke with Emily Tan about the company's drone delivery dreams and how they fit into its broader operations. U.S.-China agree on framework following London talks. The U.S. and China have reached an agreement on trade, representatives from both sides said Wednesday after a second day of high-level talks in London. U.S. President Donald Trump and Chinese President Xi Jinping spoke by phone late last week, stabilizing what had become a fraught relationship with both countries accusing each other of violating the Geneva trade agreement. China's consumer price index fell in May. It was the fourth-straight negative read. Core CPI, which excludes food and energy prices, did recover from a high last seen in January. Trade data pointed to modest growth in exports in May, while imports fell far more than expected, another sign of weak domestic demand. U.S. has exaggerated Huawei's chip developments. So says the Chinese telecommunications company's CEO, in an interview published on the front page of the Chinese Communist Party's newspaper on Tuesday. Ren Zhengfei said while Huawei chips are one generation behind those of U.S. peers, the company is finding ways to offset the gap. Chinese and Hong Kong stocks climbed in early trade on Wednesday after leaders from the U.S. and China said they have reached an agreement on trade. Mainland China's CSI 300 was up 0.8% to its highest level in over two weeks, while Hong Kong's Hang Seng Index — which includes major Chinese companies — rose 0.6% as of 11 a.m. local time. The CSI 300 has lost roughly 0.97% while the Hang Seng Index has gained over 21.54% so far this year. June 11: Xpeng G7 car launch June 13: Chinese Vice Premier He Lifeng is scheduled to depart the U.K. after U.S.-China trade talks and other meetings June 16: China retail sales, industrial production and investment data for May
Eater
04-06-2025
- Entertainment
- Eater
Moody Soju Cocktails and Dim Sum Reign at Oakland's Neon-Lit Mahjong Den
Just as mahjong reaches new TikTok-fueled heights, an Oakland bar and restaurant swoops in to make good on the legendary pastime. The new 13 Orphans opened Friday, May 30, in downtown Oakland, just upstairs from Baba's House. Jenn Lui, Alan Chen, and Eman Garcia own the entire building now, including the first-floor restaurant space and this second-story newcomer. The Asian American-centered mahjong clubhouse provides tea-infused cocktails — and 'tea-tails' (alcohol optional) — with Filipino and Chinese dim sum-inspired bites and bookable tables for laying down tiles through the late night. At 13 Orphans, Lui handles the drinks while Garcia runs the kitchen. Lui found inspiration in the five elements of traditional Chinese culture; to honor the earth, a 2014 Shu pu'erh tea mingles with lapsang souchong tepache, cinnamon, beetroot juice, black sugar, and pear-infused soju for the Pu'er Petrichor. The watermelon tonic, nodding towards metal, blends a Gongmei white tea with goji-infused soju and pei pa lo, a Chinese herbal cough suppressant. Lui worked with Hatching Dragon and Teaphile, a source and an importer of Chinese teas to the Bay Area. Garcia walked through a variety of inspirations for the small bites-focused menu. The Chinoy siu mai is a pork belly, prawn, water chestnut, and smoked trout roe play on the classic dim sum dish popular for Chinese and Filipino diners alike. Plates are just a few bites-worth, sort of the opposite size and scope of the kamayan meals he's prepared with his friends and family for Baba's House events since its debut over three years ago. The first floor, previously BHK, is now exclusively Baba's House. The food and drink menus for that project are still forthcoming. Getting a table at 13 Orphans aims to be difficult: Groups book a game table for just 45 minutes. There are just 16 seats at the reservation-only space. The name 13 Orphans is a nod to an obscure hand to draw in mahjong, a game Lui points out is essentially gambling. Throughout the years at Baba's House, mahjong nights were booked out over and over. The comedy nights and live music were well-attended, too, sure. But mahjong just kept doing numbers. They've hosted free classes for more than three years now. Lui, at least, says she feels the game is reaching a fever pitch due to a generational passing of the torch through immigrant communities to the digital natives, the same that are eschewing binge drinking and clubbing more than their predecessors. 'Once we took over the restaurant, we were trying to identify who we are,' Lui says. 'The personality forming within our community.' Baba's House itself sprang from Lui's mind. The hope was to honor her dad, who died in 2020, and Chen and Garcia joined her on her quest to build community and feed their friends. Chen points out that all three co-owners claim Chinese ancestry, though only Lui is fully Cantonese (Chen is half-Taiwanese, and Garcia is Filipino, as well). Now, this project is meant to give the three founders a chance to move their intentions into an even more specific, upscale project. 'With Baba's House, we did what we thought was going to make our community happy and grow our community,' Garcia says. 'Now with 13 Orphans, we can be intentional and deliberate about what we want to do, and we've built up a community that trusts us [to do that].' 13 Orphans (410 15th Street, Oakland) is available for reservation and open 6 to 10 p.m. Wednesday through Saturday. Sign up for our newsletter.
Yahoo
31-05-2025
- Business
- Yahoo
Is DoorDash Planning To Gobble Up Europe? Company Strikes $3.9 Billion Deal To Buy UK Food Delivery Company Deliveroo
DoorDash (NASDAQ: DASH) is synonymous with food delivery in the U.S., and now it appears the company is positioning itself to take on the European delivery giant has announced it will acquire U.K.-based Deliveroo in a $3.9 billion deal. U.K.-based Deliveroo is like DoorDash in that it is one of the most recognizable names in its geographic market. The deal, which Reuters says both sides have been working on for the last several months, is indicative of a changing landscape in the food delivery business. According to Reuters, the sector has been struggling due to several factors. First, inflation and increased costs have forced consumers to tighten their belts, and dialing back on luxuries like dinner delivery is an easy way to cut expenses. Second, there is an overabundance of competitors in the sector. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – The two obstacles to profit have created an environment where consolidation is much more likely. AJ Bell Investment Director Russ Mould told Reuters he believes the entire sector has been weakened by an oversaturation of delivery services competing for the same customers. That kind of climate inevitably means that some food-delivery services operating today will not survive the current downturn. 'Only the strongest will survive, and they're the ones picking up smaller rivals who realize their future is [the] best part of a bigger entity, and not going it alone,' he said. DoorDash may have gotten a good deal on the final price. According to Reuters, Deliveroo shares are trading on the London Stock Exchange for less than half of their 2021 IPO price. Deliveroo CEO Will Shu, who delivered meals himself during the company's formative years, was philosophical about the current business climate and its effect on the company's share price. Trending: Invest where it hurts — and help millions heal:. 'That was a different time, (and) a different interest rate environment," Shu told Reuters. He was optimistic about Deliveroo's long-term future, but also very aware of how much competition his company was facing. 'The board and myself evaluated that and said, 'Where do we think Deliveroo should be in order for us to truly win?' And we thought this was the right place for us,' he said. Shu's analysis illustrates the reality of being a CEO of a company. You have a duty to your shareholders and investors to do what's best for the company, even if that means being acquired at a relative discount by a larger company. With that said, it's not all bad news for Shu. Reuters estimates that he will receive roughly $215 million for his Deliveroo shares. "I could not be more excited by the prospect of what DoorDash and Deliveroo will be able to accomplish together," said DoorDash CEO Tony Xu. " We'll cover more than 40 countries with a combined population of more than 1 billion people, enabling us to provide more local businesses with the tools and technology they need to thrive." Reuters estimates the two companies did roughly $90 billion in delivery orders in 2024. Read Next: Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Is DoorDash Planning To Gobble Up Europe? Company Strikes $3.9 Billion Deal To Buy UK Food Delivery Company Deliveroo originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
