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'Friend of China' Larry Summers warns Beijing that its actions make it hard to push for better ties

Summers compared the U.S. and China to “two guys who don’t like each other much" stuck in the same lifeboat "a long way from shore."

Netherlands , Beijing , China , Hong-kong , Japan , United-states , Washington , Chinese , Japanese , American , Nippon , Ben-harburg

Larry Summers thinks AI could replace 'almost all' forms of labor. Just don't expect a 'productivity miracle' soon

But the former Treasury Secretary, who joined OpenAI's board last year, thinks it'll take some time for the productivity gains from AI to become clear.

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Boeing's issues are prompting Cathay Pacific to consider 'ABC' future: Airbus, Boeing and China's COMAC

Cathay Pacific CEO Ronald Lam thinks "triangular competition" between Airbus, Boeing and COMAC will be good for the industry.

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Posco Future M named in Fortune's top 30 Asian innovators

Korean battery material and chemical company Posco Future M has been recognized by Fortune Asia as one of the top 30 most innovative companies in Asia, set to drive future growth, the company said on Thursday. The 2024 Fortune Asia Future 30 award was presented at the Fortune Innovation Forum in Hong Kong on Wednesday. Posco Future M's progress from traditional industrial materials to leading-edge sectors like c...

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We're in 'third quarter' of AI contest, says Walmart International CEO

Thanks to AI, shoppers can soon expect "a more delightful experience in retail," Kathryn McClay, Walmart International CEO, said on Wednesday.

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HK and 'One Country, Two Systems' more important with complex geopolitics: HK Financial Secretary Paul Chan

“We are different from the rest of China, in terms of our way of doing things in business," Chan said on Wednesday at the Fortune Innovation Forum.

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Free taxis, education subsidies and gratis egg freezing—how Chinese companies are crafting next-gen benefits for mothers amid the country's baby bust

China's population is shrinking as families have fewer children, and so Chinese companies are pushing new policies to help employees with childcare.

China , Beijing , Hong-kong , Yuwa , Sichuan , Chinese , Kathryn-mcclay , Bonnie-chan , Joey-wat , Fortune-innovation-forum-in-hong-kong-on , Yuwa-institute , Walmart-international