The Caixin-Sinica Business Brief ep. 240: More AI investment from Chinese firms, LVMH's CEO begins a China tour, and the Alibaba restructuring
- Author
- SupChina
- Published
- Fri 30 Jun 2023
- Episode Link
- None
On this week’s episode, Chinese entrepreneurs mobilize for an AI race with the U.S., food-delivery giant Meituan buys an AI startup for more than $200 million, and LVMH’s billionaire CEO kicks off his China tour to woo local consumers.
In addition, Kelsey Cheng explains the restructuring of Alibaba.
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