The Chinese fintech titan Ant Group—co-founded by Alibaba billionaire Jack Ma—is set to go public in what could be one of the largest listings ever. WSJ explains how Ant’s backbone service, Alipay, has revolutionized payments and investing in the world’s most populous country.
Photo Composite: Crystal Tai
The Economist reports: Turkey discovers large gas discovery in the Black Sea, U.S. to require Hong Kong to label exports as “made in China”, and other world news.
The Economist Magazine presents a selection of three essential articles read aloud from the latest issue of The Economist. This week, Xi Jinping is reinventing state capitalism (10:20), Belarus’s sham election (14:25), and the decline of the office romance.
Beijing, CHINA, Aug 11, 2020: Mi TV LUX Transparent Edition is the world’s first mass-produced transparent TV. With an edge-to-edge transparent self-luminous display transmitting images that seem to be suspended in the air, this TV ushers in a new way to consume visual content previously only seen in science fiction films.
Mi TV LUX Transparent Edition offers a perfect combination of cutting-edge display technology and exquisite industrial design. For Xiaomi, it is also a major exploration of future TV forms. When Mi TV LUX Transparent Edition is turned off, it looks like a mere glass display. The pictures it displays seem to be floating in the air, merging the virtual and the real to bring an unprecedented visual experience.
Unlike traditional TVs that come with a back panel, Mi TV LUX Transparent Edition creatively embeds all the processing units in its base stand, preserving the compact shape of the screen and in the meantime brings about countless technical challenges.
Led by Ma Yansong, MAD Architects releases the design of the Wormhole Library, which sits on the coast in Haikou, Hainan Province in China. The sensuously curved pavilion appears to be a “wormhole” that transcends time and space.
Facing the South China Sea, the Wormhole Library is located in Century Park along the Haikou Bay coastline. The intimately scaled structure is cast of white concrete as a unit. The curved concrete walls not only serve as organic architectural structure, but also connect the ceiling, the ground and the walls together. Holes of varying sizes allow the architecture to breathe and meanwhile let natural light flood the interior. The grey spaces of the exterior corridors provide shady spots for passers-by to stop and rest.
It serves as a multi-functional building that allows visitors to read, enjoy views of the sea, and attend open-air performances, temporarily removing themselves from the hustle and bustle of everyday life. The building is now under construction and will be completed in 2021.
It’s been about a month since the Chinese Communist Party forced a national security law on Hong Kong. This new law made it illegal for anyone anywhere in the world to promote democratic reform in the region. Recent arrests of top media and political figures have made it clear that Hong Kong’s relatively free political system is over.
Guests: Axios’ Bethany Allen-Ebrahimian, and Miriam Kramer and special thanks to Dr. Sanjay Gupta and the Asian American Journalists Association.
Autonomous-vehicle road testing has skidded to a halt in the U.S. amid the Covid-19 pandemic. But China’s startups have pushed ahead by more than doubling the number of self-driving car projects, with a boost from the country’s 5G network.
Photo: Lorenz Huber for The Wall Street Journal
A selection of three essential articles read aloud from the latest issue of The Economist. This week: the absent student, (9:55) Beirut: a city in ruins, (19:45) and why TV from China’s Hunan province has become so popular.
1500 years before the construction of the Ming Dynasty wall was constructed, the Han Dynasty defended the borders of China from invaders with a Great Wall of their own.
NPR News Now reports: Protests erupt in Beirut in aftermath of massive explosion, Tik Tok sues U.S., and other world news.
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