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Advertisement Chen Yixin has rapidly gone from strength to strength and is now emerging as the leading candidate for secretary of the Central Politics and Legal Affairs Commission in 2022, with even speculation of a path to Chinese Communist Party (CCP) general secretary in 2027. However, Chen’s path to Politburo promotion is complicated by paranoia over the ever-present threat of a palace coup. Chen is heading up the 2021-2022 rectification campaign, a political purge along the lines of the first Xi administration’s “flies and tigers” campaign, which cleared political opposition for ...

Chinese AI firm 4Paradigm pockets $700m led by Boyu, Primavera, Hopu Source: Andy Kelly/Unsplash Premium Chinese artificial intelligence (AI) giant 4Paradigm has raked in $700 million in a Series D round of financing jointly led by the country’s private equity (PE) companies Boyu Capital, Primavera Capital, and Hopu Investments, the firm announced in a statement on Friday. Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at subs@dealstreetasia.com. Sign up for our newsletter - The Daily Brief Opt o...

AI firm 4Paradigm raises $700m in fundraising round By Cheng Yu | chinadaily.com.cn | Updated: 2021-01-22 10:33 Share A logo of 4Paradigm. [Photo/4paradigm.com] Chinese AI company 4Paradigm announced on Friday that it has raised $700 million in its series D round of fundraising that was led by Boyu Capital, Primavera Capital, and Hopu Investments. With the new financing, 4Paradigm will accelerate its expansion across key industries to establish an enterprise-level and AI-based ecosystem as well as nurture more AI talents, the company said in ...

Myeong-dong in South Korea is one of the must-see destinations when visiting the region. It has been known as the shopping hub and features local and international stores. Myeong-dong sells everything from clothes to cosmetics, shoes, and accessories. Most of the well-known store brand names have outlets here, so people have been flocking to this part of Seoul for years. Locals and tourists love the place for its vibrant atmosphere and fashion. The decline of Korea’s fashion mecca Now, as the coronavirus pandemic devastated many countries, South Korea was not spared. In fact, it was one of...

Adjust font size: Giant screen theatrical experience provider IMAX was busily engaged in two events in Beijing over the last weekend, promoting its new upgraded system, "Wonder Woman 1984" and a future project. Beijing Shijingshan Wanda & IMAX cinema complex unveils its new upgraded theater with cutting-edge IMAX with Laser technology in Beijing, Dec. 18, 2020. [Photo courtesy of IMAX China] A grand IMAX fan gala was held at the China National Film Museum on Saturday to screen the recent Hollywood superhero blockbuster "Wonder Woman 1984" for more than specially invited 150 movie fans coming...