Latest news with #Weiqi
RTHK
10-07-2025
- Sport
- RTHK
Weiqi tournament kicks off in HK
Weiqi tournament kicks off in HK The three-day Weiqi competition is being held at the University of Science and Technology. Photo: RTHK A Weiqi competition amongst university students began in Hong Kong on Thursday, as 14 teams from Asia compete for the title. It is the third edition of the Hong Kong International University Student Weiqi Competition. New entrants to the board game tournament include students from Tsinghua and Peking Universities. The three-day event, hosted by the Hong Kong Greater Bay Area Weiqi Promotion Association, is being held at the University of Science Technology. Secretary for Constitutional and Mainland Affairs Erick Tsang, who attended the opening ceremony, said he is glad to see that Weiqi is being promoted because it is part of traditional Chinese culture. He added that Hong Kong residents have shown increasing enthusiasm for the game in recent years. The organiser said the event is meant to promote the board game in the SAR, whilst encouraging exchanges between Weiqi players from around the world. Weiqi was a sport at the Hangzhou Asian Games held two years ago.
Yahoo
14-06-2025
- Business
- Yahoo
Morgan Stanley lists 10 reasons why China is leading the robot race
-- China is rapidly establishing itself as the frontrunner in the global robot race, according to Morgan Stanley analysts, who cite a confluence of industrial policy, demographic necessity, and long-term strategy. 'In our informed opinion, China is in a commanding lead in Physical AI (AVs, Drones, Humanoids, etc.),' Morgan Stanley wrote. 'The conspicuous advancement of AI-enabled robots in China is a powerful innovation catalyst for the US.' The analysts outlined 10 reasons behind China's potential dominance. First, 'China has significant control of the supply of critical magnets used in nearly all mobile machines,' with a 65% share of mining and an 88% share of refining of rare earths, argues Morgan Stanley. Second, the PRC's early embrace of 'Foreign Technology Transfer' through joint ventures has helped its auto industry 'lap the West in terms of tech and efficiency,' said the bank. Third, 'China's expansive network of Government Guidance Funds' has unlocked 'Darwinian forces of internal competition.' Fourth, the 'Military-Civil Fusion' doctrine ensures dual-use tech advances for both civilian and defense purposes—'drones are a classic example,' writes Morgan Stanley. Fifth, the bank explains that China's 'demographic challenges provide a natural incentive' to develop physical AI. Sixth, they state that the country hosts public displays like 'robot marathons' to build enthusiasm. Seventh, education is said to play a key role, with Morgan Stanley noting that 'China had 35 million students enrolled across over 11,000 vocational schools' in 2023. China also offers aggressive 'R&D subsidies,' including a 200% 'super deduction' for high-tech expenses. Ninth, 'China spent 4.8% of its GDP on domestic infrastructure,' the highest globally. And finally, it is seen as a 'long game' mindset, rooted in cultural philosophies like Weiqi, that encourages 'psychological advantage as opposed to direct conflict.' Morgan Stanley concluded: 'We believe China EVs are eventually coming to US shores—it's just a matter of time.' Related articles Morgan Stanley lists 10 reasons why China is leading the robot race Charles Schwab stock falls after monthly report shows drop in new accounts RBC starts Air Products, Linde at Outperform on earnings recovery Sign in to access your portfolio
