https://www.scmp.com/rss/516146/feed Simon S.H. Chan is the head of technology of the Greater Bay Area and global lead of Emerge at Edelman. He advises technology companies from start-ups to multinational companies on their communications, as well as market expansion strategies. He is based in Hong Kong. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Simon S.H. Chan Simon S.H. Chan At the turn of the century, global innovation followed a Western script. Silicon Valley dominated the world in innovation. Europe exported standards and governance. Asia, in contrast, was cast as the manufacturer, assembler and consumer. But the global innovation order is shifting. According to the latest Edelman Trust Barometer, change is under way not only in technical capability but also in public sentiment. In China, 72 per cent of people trust artificial intelligence (AI), compared to 32... https://www.scmp.com/opinion/china-opinion/article/3314964/china-offers-alternative-western-technofeudalism?utm_source=rss_feed https://www.scmp.com/opinion/china-opinion/article/3314964/china-offers-alternative-western-technofeudalism?utm_source=rss_feed Tue, 24 Jun 2025 14:30:07 +0000 At the annual CES consumer electronics show in Las Vegas last month, Chinese company Xpeng AeroHT captured the world’s imagination with the international debut of its Land Aircraft Carrier, featuring a six-wheeled vehicle and a compact aircraft. Critics of China’s centralised governance model claim it stifles innovation and competition, resulting in large-scale innovation but low productivity. Yet in the low-altitude economy, a sector broadly defined as economic activities harnessing airspace... https://www.scmp.com/opinion/china-opinion/article/3298430/how-chinas-low-altitude-economy-can-soar-both-home-and-abroad?utm_source=rss_feed https://www.scmp.com/opinion/china-opinion/article/3298430/how-chinas-low-altitude-economy-can-soar-both-home-and-abroad?utm_source=rss_feed Mon, 17 Feb 2025 21:30:08 +0000 Simon S.H. Chan Simon S.H. Chan At Hong Kong FinTech Week, there were lively discussions on and demonstrations of the growing uses of China’s digital yuan, the e-CNY. The growing momentum is no surprise. China is the first major economy to roll out a digital currency and a front runner in central bank digital currencies (CBDCs). But what does this mean under China’s unique dual-currency and socialist system? CBDCs like the digital yuan function like traditional banknotes but exist entirely in digital form and are registered on... https://www.scmp.com/comment/opinion/article/3242637/how-chinas-digital-yuan-could-work-dual-currency-socialist-system?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3242637/how-chinas-digital-yuan-could-work-dual-currency-socialist-system?utm_source=rss_feed Tue, 28 Nov 2023 08:30:14 +0000 At the World AI Conference in Shanghai earlier this month, Tesla CEO Elon Musk said China is in a strong position when it comes to the development of artificial intelligence (AI). But what does this mean? China has made great strides in building its AI capabilities and industry, and its companies and institutions made up seven of the 10 largest patent owners in AI and machine learning last year. According to official data, China has an edge in areas such as computer vision and natural language... https://www.scmp.com/comment/opinion/article/3227356/what-ai-development-might-look-chinas-socialist-system?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3227356/what-ai-development-might-look-chinas-socialist-system?utm_source=rss_feed Thu, 13 Jul 2023 00:15:16 +0000