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Latham Expands Market-Leading Antitrust & Competition Practice with Paris Partner Victor Levy

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Arrival further strengthens the firm’s premier Antitrust & Competition Practice in Europe and enhances its unrivalled global platform.

PARIS, Sept. 19, 2026 /PRNewswire/ — Latham & Watkins is pleased to announce that Victor Levy has joined the firm’s Paris office as partner in its Antitrust & Competition Practice. Levy advises on competition law matters, with particular experience in merger control filings before the European Commission, the French Competition Authority, and other competition authorities globally, as well as complex antitrust investigations and follow-on damages claims before competition authorities and Courts.

Victor Levy, Latham & Watkins

Levy has extensive experience across sectors including aerospace and defense, consumer goods, and industrials.

“We are thrilled to welcome Victor to the firm,” said Thomas Margenet-Baudry, Office Managing Partner of Latham & Watkins in Paris. “Our Paris office is a powerhouse in the French market, with exceptional strength across our transactional and regulatory practices. Antitrust and competition is central to that success, an essential component of our market-leading transactional and litigation platforms and a formidable go-to practice. Victor brings deep experience in complex domestic and cross-border antitrust matters for French and international clients that complements our existing strengths and further enhances the sophisticated, integrated advice we provide to clients in France, across Europe, and globally. His arrival reflects our ambition to continue investing in the very best talents and to remain at the forefront of the market for years to come.”

Latham’s Antitrust & Competition Practice is widely recognized as one of the world’s premier antitrust platforms, delivering sophisticated, coordinated advice across the United States, Europe, and Asia. The firm advises and represents clients on many of their most significant and complex global transactions, cartel investigations, and disputes, combining deep antitrust experience with market-leading litigation and trial capabilities. The Paris competition practice, like that of the Brussels office, is ranked Band 1 / Tier 1 in the legal directories. The addition of Levy further strengthens the firm’s European and Paris bench and enhances its ability to guide clients through an increasingly complex and interconnected global competition and regulatory landscape.

“The addition of Victor underscores the continued strength and momentum of our global practice,” said Lawrence Buterman, Global Chair of Latham’s Antitrust & Competition Practice. “Our platform brings together leading antitrust lawyers across the United States, Europe, and Asia who are increasingly called upon by our clients to lead and coordinate representations on complex transactions and litigation matters spanning multiple jurisdictions. Victor brings outstanding credentials and deep experience that will further strengthen our ability to deliver integrated and global solutions at the highest level.”

“We have known Victor for many years and have long held him in the highest regard,” said Jacques-Philippe Gunther, Antitrust & Competition partner in Paris. “He is definitely one of the best of his generation, and his unique combination of economic and legal expertise makes him a real additional strength to our talented team.”

Paris Antitrust & Competition partner, Adrien Giraud also commented: “Victor brings extensive experience across merger control, foreign investment screening, antitrust investigations, litigation, and State aid. At a time when antitrust and regulatory considerations are playing a critical role in shaping strategic business decisions, his arrival further enhances the breadth and depth of our offering in Paris.”

“I am delighted to join Latham & Watkins in Paris, especially at this critical time when competition authorities are becoming increasingly active and coordinated across jurisdictions. The firm’s global platform and market-leading capabilities provide an exceptional opportunity to help clients navigate their most complex matters,” said Levy. “I look forward to working closely with the teams across practices and geographies to further develop Latham’s antitrust and competition offering.”

Levy joins Latham & Watkins from Hogan Lovells Cadwalader. He holds a Master’s degree in Mathematics from the École Normale Supérieure de Lyon, a Master’s degree in European Business Law from Paris Panthéon-Assas University, and an LL.M. from New York University School of Law. He is admitted to practice in Paris and New York.

About Latham & Watkins (lw.com)

Latham & Watkins is a leading global law firm that brings together exceptional legal talent in financial centers around the world to advise on complex transactions, litigation, and regulatory matters. The firm’s deep market and product knowledge, industry experience, vast scale, and commitment to innovation and excellence help clients navigate their most critical challenges and achieve their goals.

SOURCE Latham & Watkins

The Newspaper That Helped Shape the Course of the Long March

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LANZHOU, China, Sept. 19, 2026 /PRNewswire/ — During the Gansu leg of the “Together on the Long March” CICG International Communication Project, Liang Xiaoyuan, son of founding lieutenant general Liang Xingchu, visited the historic Long March sites in Hadapu and recalled a remarkable episode involving his father.

In Hadapu, Liang Xingchu was assigned by Mao Zedong to search for “spiritual nourishment”—newspapers and other sources of information. A copy of Ta Kung Pao obtained during the mission contained reports about the situation in northern Shaanxi, providing the Central Red Army with important information as it determined where to advance next.

That newspaper helped turn Hadapu, a small town in northwest China, into a key historical landmark on the road toward the Long March’s eventual destination.

https://www.youtube.com/watch?v=e-TbhjEJa3g

 

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SOURCE CICG

ARTPRICE NEWS: A WORLD-BOOK BECOMES A MIRROR FOR ARTIFICIAL INTELLIGENCE

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OpenAI/Astra, Perplexity, DeepSeek, Google Gemini and xAI/Grok are confronted with the same work: a meta-reading experiment turns literary criticism into a comparative laboratory for artificial intelligence.

PARIS, Sept. 19, 2026 /PRNewswire/ — What if, in order to understand artificial intelligences, we gave them exactly the same book to read?

"Dialogue Between a Thinker and AI" by thierry Ehrmann

That is the experiment now accompanying “Dialogue Between a Thinker and AI”.

A world-book written by Thierry Ehrmann becomes a mirror for artificial intelligence.

After hundreds of hours of dialogue, human thought, archives, questions, and contradictions gave rise to a book whose pen was entrusted to artificial intelligence.

https://www.dialoguebetweenathinkerandai.com/en/

Today, the book also exists materially: its French and English editions are in print. But the experiment does not end with the book. It now turns back toward the artificial intelligences themselves.

We didn’t ask AI to judge the book. We asked AIs to read it — and then to read each other.

The complete corpus is submitted to several major systems:

OpenAI / Astra, Perplexity, DeepSeek, Google Gemini, and xAI / Grok.

They all receive the same object. But do they produce the same reading?

https://www.dialoguebetweenathinkerandai.com/en/meta-reading/

FIVE AIs. ONE BOOK. FIVE MAPS?

The objective is not to organize a competition between models.

It is precisely the opposite.

The purpose is to observe their convergences, divergences, and blind spots.

Which concepts do they spontaneously identify? Which theses do they consider central? Which passages do they connect? Where do their interpretations diverge?

And above all: what happens when each is subsequently given access to the analyses produced by the others? At that moment, a meta-reading emerges.

AI no longer merely reads the book.

It reads another AI reading the book.

A third system can then analyze that confrontation. Commentary becomes corpus. The corpus becomes new material for analysis.

CRITICISM CHANGES DIRECTION

For centuries, we have used critics to better understand books.

This experiment also proposes the reverse movement:

using a book to better understand those who read it.

The same work thus becomes a kind of cognitive mirror placed before several artificial-intelligence architectures. This mirror does not ask: “Which AI is right?”

What Gemini thought of the analysis produced by Grok.

DeepSeek’s response to the critique by OpenAI Astra.

It asks: “Why don’t they see exactly the same thing?”

The distinction is essential. Because their divergences themselves become information.

THE HUMAN RETAINS THE FINAL SAY

This experiment does not delegate human judgment.

It demands more of it. The human remains the one who compares, doubts, contextualizes, and decides.

The machine produces readings. The human also observes the gaps between those readings.

Dialogue Between a Thinker and AI thus becomes simultaneously a book, a corpus, and an open experiment into the plurality of artificial intelligences.

The book was meant to be read by humans.

It now also becomes an object through which humans can watch AIs read.

NOTES TO EDITORS

The meta-reading experiment makes it possible to examine, among other things:

  • what Google Gemini observes in the analysis produced by xAI/Grok;
  • DeepSeek’s response to the critique produced by OpenAI/Astra;
  • the convergences, divergences and blind spots revealed by confronting the different readings.

We didn’t ask AI to judge the book. We asked AIs to read it — and then to read one another.

https://www.dialoguebetweenathinkerandai.com/en/meta-reading/
https://www.dialoguebetweenathinkerandai.com/en/

Media Contact : Thierry Ehrmann, [email protected] 

Artmarket logo

SOURCE Artmarket.com

Tomoyoshi Kimura Reflects on a Turning Point in the Long March at Lazikou

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LANZHOU, China, Sept. 19, 2026 /PRNewswire/ — During the Gansu leg of the “Together on the Long March” CICG International Communication Project, veteran Japanese journalist and former NHK anchor Tomoyoshi Kimura visited Lazikou, a site that marked a crucial turning point in the Long March.

Seeing the place he had previously known only through books brought history vividly to life and left a powerful impression on him. Reflecting on the extraordinary hardships and sacrifices of those who fought here, Kimura gained a deeper understanding of the spirit that drove China’s revolution and the historical journey that has shaped the country today.

https://youtube.com/shorts/SN6FYj98h84?feature=share

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SOURCE CICG

Avant Files Application to Establish Avant Bank, N.A.

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Proposed national bank charter would let Avant serve customers directly, expanding access to affordable, transparent credit and financial tools for underserved Americans

CHICAGO, Sept. 18, 2026 (GLOBE NEWSWIRE) — Avant, LLC (“Avant” or “the Company”), a data-driven financial platform, today announced the filing of an application with the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) to establish an insured national bank, Avant Bank, N.A.

Subject to regulatory approval, Avant Bank, N.A. would enable Avant to expand access to affordable, transparent credit and offer banking products and financial health tools in one integrated, user-friendly digital banking platform.

“Since we founded Avant in 2012, our mission has been the same: move financial lives forward for the more than 100 million everyday Americans who are overlooked by the legacy system,” said Al Goldstein, Co-Founder and CEO of Avant. “We’ve spent more than thirteen years developing a data-driven approach to credit that serves this population at scale. A national bank charter would further our mission, help reduce our cost of funds, and enable us to offer products under one regulatory framework.”

If approved, a bank charter would allow Avant to take more direct control of the customer experience and expand access to high-quality, reasonably priced credit using Avant CreditOS™, its proprietary decisioning engine. “For more than a decade, we’ve worked to give middle-income Americans a fairer shot at credit than their credit score alone would suggest,” said Charles Whittaker, Avant’s Chief Business Officer and proposed CEO of Avant Bank, N.A. “A national bank charter would let us build and service our products end-to-end with the goal of creating more meaningful value for our customers.”

Avant has operated across a range of market cycles and funding environments over the course of its history. The Company’s diversified and mature funding strategy results in a hybrid of on- and off-balance-sheet assets, and funding model diversification has included various forms of long-term debt and whole loan sales. “A bank charter would enable further diversification, added resilience, and access to a lower cost of funds through the introduction of deposits as a funding source,” said Kevin Friedrich, Avant’s Chief Financial Officer and proposed CFO of Avant Bank, N.A.

Delivering on the Company’s vision depends on the infrastructure behind it. “We recognize that submitting the application is only the first step of our journey – operating a de novo national bank requires sustained discipline,” said Margaret Hermes, Avant’s Chief Operating Officer, and proposed President and COO of Avant Bank, N.A. “We’ve spent years building the compliance and operating infrastructure to support our business, and we believe that foundation positions us well to meet regulatory standards for a national bank. We look forward to working with the OCC and FDIC on this next phase.”

Avant worked closely with advisors Klaros Group and Covington & Burling LLP in preparing the application.

About Avant
Avant is a data-driven platform at the intersection of technology and credit, built to meet the financial needs of millions of middle-income Americans. The company leverages data and machine learning to deliver access to a suite of financial products and services anchored by credit cards, personal loans, and a personal financial management tool. Since its founding in 2012, Avant has served approximately 4.8 million unique customers, connecting them to over $17.6 billion in credit through personal loans and credit cards. For more information, visit www.avant.com. Avant-branded credit products are issued by WebBank.

Media Contact

Lucy Peng
[email protected]

Lenovo Receives Frost & Sullivan’s 2026 Global Technology Innovation Leadership Recognition for AI-Powered Sports Event Technology

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Lenovo named best-in-class for redefining global sports technology through AI innovation, real-time operations, and intelligent tournament infrastructure.

SAN ANTONIO, Sept. 18, 2026 /PRNewswire/ — As artificial intelligence transforms the way the world’s largest sporting events are planned, operated, and experienced, Lenovo is helping redefine what is possible through an integrated AI-powered technology ecosystem built for global scale. In recognition, Frost & Sullivan has named Lenovo as a 2026 Global Technology Innovation Leader in the AI-powered sports event technology industry. The Best Practices honor reflects Lenovo’s exceptional achievements in technological innovation, strategic execution, and customer impact, as well as its ability to deliver intelligent, mission-critical solutions that support every facet of modern sports event operations—from competition analytics and venue management to broadcasting and fan engagement.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Lenovo excelled in both, demonstrating its ability to align long-term innovation with evolving market requirements while delivering scalable, enterprise-grade solutions across the global sports ecosystem. “FIFA AI Pro, the game-changing AI-driven analytics platform developed by Lenovo and FIFA, was accessible to all 48 teams competing at FIFA World Cup 2026™. By providing unprecedented access for teams to interrogate petabytes of competition data in plain language and receive insights in seconds, the competitive logic of an entire sport begins to change,” said Alaa Saayed, VP, Digital Content Services, Frost & Sullivan.

Guided by a long-term growth strategy centered on hybrid AI innovation, strategic partnerships, and purpose-built industry solutions, Lenovo has established itself as a trusted technology partner for many of the world’s premier sporting organizations. As FIFA’s unified technology partner for the FIFA World Cup 2026™, the company developed an end-to-end AI ecosystem spanning edge computing, infrastructure, cloud, and intelligent services that enabled seamless tournament operations across multiple countries, venues, and stakeholders. This strategic approach positions Lenovo to extend its sports technology capabilities well beyond a single global event into a broad portfolio of leagues, venues, and governing bodies.

Innovation remains central to Lenovo’s approach. Built on the company’s Hybrid AI Advantage™ architecture, its portfolio includes FIFA AI Pro, the Intelligent Command Center, 3D Digital Avatar technology, AI-powered Referee View Stabilizer, and low-latency IPTV solutions. Together, these technologies democratized access to advanced football analytics, enhanced officiating accuracy, synchronized live broadcast operations, and provided organizers with a unified operational view across complex tournament environments. Lenovo’s ability to integrate AI from the edge to the cloud delivers the speed, scalability, and reliability required for mission-critical sporting events.

Lenovo’s vision of Smarter Technology for All was on full display throughout the FIFA World Cup 2026. Powering the largest sporting event in human history was a technological feat that Lenovo was uniquely capable of delivering at such massive scale,” said Art Hu, Chief Information Officer, Lenovo and Chief Technology & Delivery Officer, Solutions and Services Group. “By supporting FIFA with everything from infrastructure and devices to AI-powered solutions and services, the world witnessed what smarter technology could achieve to enhance the tournament experience for teams, officials, broadcasters, support crews, and ultimately the billions of fans who enjoyed a new standard for live sports.”

Lenovo’s unwavering commitment to customer experience further strengthens its position in the market. By consolidating traditionally siloed venue technologies into a single operational platform, enabling AI-driven decision-making, and supporting more than 600 FIFA operators through an intelligent command environment, the company helps improve operational efficiency, accelerate incident response, and create safer, more connected experiences for organizers, broadcasters, athletes, and billions of fans worldwide. Its proven ability to commercialize tournament-tested innovations further reinforces Lenovo’s long-term leadership in the rapidly evolving AI-powered sports event technology market.

Frost & Sullivan commends Lenovo for setting a high standard in competitive strategy, execution, and market responsiveness. The company’s vision, innovation pipeline, and customer-first approach are shaping the future of AI-powered sports event technology and demonstrating how intelligent infrastructure can transform the world’s largest live events.

Each year, Frost & Sullivan presents the Technology Innovation Leadership Recognition to a company that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in market share, customer satisfaction, and competitive positioning. The recognition honors forward-thinking organizations that are reshaping their industries through innovation and growth excellence.

Frost & Sullivan Best Practices Recognition

Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.

Contact us: Start the discussion.

Contact:
Ashley Shreve
E: [email protected] 

About Lenovo

Lenovo is a US$83 billion revenue global technology powerhouse, ranked #153 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Guided by its vision of “Smarter Technology for All”, Lenovo is executing a Hybrid AI strategy that spans Personal AI – one personal AI, multiple devices; and Enterprise AI – helping customers turn data into insights and value. This strategy is delivered through the Group’s commitment to world-class innovation and a full-stack AI portfolio, including devices (PCs, workstations, smartphones, tablets, accessories), infrastructure solutions (server, storage, edge, high performance computing and software defined infrastructure), as well as software, solutions, and services. With a global footprint spanning more than 20 research and development locations and a global supply chain that includes more than 30 manufacturing sites across 11 markets, Lenovo is widely recognized for its operational excellence. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). Learn more at www.lenovo.com and follow the latest news in our newsroom.

 

SOURCE Frost & Sullivan

Taiyuan in North China takes on a new look

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BEIJING, Sept. 18, 2026 /PRNewswire/ — A report from People’s Daily: 

Taiyuan, the capital of north China’s Shanxi province, is a nationally designated historical and cultural city and the birthplace of Jin culture and the spirit of Shanxi merchants. Nestled against mountains to the east, west, and north, and bisected from north to south by the Fenhe River, the city has long been celebrated as a “city of splendid beauty.”

Today, Taiyuan stands as a modern city with a thriving ecosystem, vibrant energy, and a seamless blend of ancient heritage and contemporary progress. It embodies the qualities of a livable, business-friendly, and tourist-welcoming destination.

The clear waters of the Fenhe River reflect a remarkable ecological transformation

A healthy natural environment has become one of Taiyuan’s defining hallmarks. For Andy Edgren, an American who has maintained a deep connection with the city for more than four decades, the transformation of the Fenhe River is especially striking.

Once plagued by water shortages, shrinking ecological space, and pollution, the river now flows with clear water, lined by lush green banks. Its revival reflects not only improvements in Taiyuan’s environment but also signals a fundamental shift in the development philosophy and way of life of this historically industrial city.

“The city has changed so much. When my father and younger brother saw what the Fenhe River looks like today, they could hardly believe it!” Andy said.

Andy first came to Taiyuan with his father in the 1980s. Both worked as English teachers at Shanxi University and lived in the city for more than three years. Since then, he has returned to Taiyuan about 50 times, staying for several months on each visit.

As the second-largest tributary of the Yellow River and the mother river of Shanxi, the Fenhe River had fallen into dire straits by the end of the 20th century: flooding in the rainy season, near-dry conditions in the dry season, and polluted water at other times. To restore the river’s ecosystem and improve the urban living environment, Taiyuan has carried out comprehensive management of the Fenhe River for more than 20 years.

Today, the Taiyuan section of the Fenhe River features 12 cascade impoundment lakes and 6.67 million square meters of artificial wetlands. The river maintains a stable water surface of 11.5 square kilometers and remains clean year-round, with a storage capacity of 30 million cubic meters that helps reinforce its ecological defenses.

“One of my favorite things to do in Taiyuan is to take an evening walk along the Fenhe River with friends. When the lights on the buildings and bridges along the river come on, they keep changing colors, like a rainbow,” Andy said. “I like Taiyuan. It’s a very livable city.”

The spirit of Shanxi merchants fuels entrepreneurial vitality

Three years ago, Mexican entrepreneur Mauro Arturo Salazar Zavala, known locally as Maodou, settled in Taiyuan with his wife, Yang Miao. It marked the start of his connection with the city. As Taiyuan undergoes industrial transformation, expands cross-border e-commerce, and grows its digital economy, it is emerging as a new hub linking inland China with domestic and international markets.

During his research, Maodou discovered that Taiyuan has assembled suppliers and specialty goods from all over Shanxi. Iconic local offerings including mature Shanxi vinegar, millet and other coarse grains, and intangible cultural heritage handicrafts align closely with consumer tastes in Latin America, boasting unique advantages for export. This inspired him to reframe his entrepreneurial approach and pivot to exporting Shanxi’s distinctive products.

In his search for quality goods, Maodou also found a “key” to understanding Taiyuan and Shanxi — the spirit of Shanxi merchants.

During the Ming and Qing Dynasties (1368-1911), Shanxi merchants set out from Taiyuan and expanded their markets through integrity, cooperation, and mutual support. They sold Shanxi products across China and overseas, building a vast commercial network that connected far-flung markets. Their legacy helped shape Taiyuan’s open, inclusive, and outward-looking character.

Since the beginning of this year, Taiyuan has established a specialized cross-border digital industry park and promoted the integrated development of cross-border e-commerce and local specialty industrial clusters. The city continues to improve its foreign trade ecosystem and attract new talent to the sector.

“I can see Taiyuan’s e-commerce and trade ecosystem is becoming ever more vibrant, with a rising number of practitioners. We exchange experiences, share resources, and support one another, just as the ancient Shanxi merchants did,” Maodou remarked.

Rich cultural heritage connects the city’s past and present

For Andy and Maodou, Taiyuan’s enduring appeal also lies in its rich cultural heritage. They have visited ancient buildings, museums, and historical neighborhoods, recording the city’s transformation through their cameras while showing overseas audiences a more diverse and multifaceted Taiyuan.

At the Taiyuan Northern Qi Dynasty Mural Museum — China’s first mural museum built at the original site of the murals — Maodou put on a virtual reality headset and immersed himself in the process of archaeological excavation and mural conservation.

“Modern technology allows visitors to gain a more direct and clearer understanding of burial murals,” he said. “Technology has not diminished the weight of history. Instead, it has made this ancient civilization more tangible and accessible.”

The museum is one example of Taiyuan’s broader efforts to protect and make innovative use of its cultural heritage. The city currently has 2,237 above-ground cultural heritage sites and 541 sites under protection at various levels. It is also home to 108 museums.

Strolling along Bell Tower Street, visitors can see historical buildings alongside modern businesses, while traditional lanes have embraced new forms of commerce, including restaurants, live performances, and cultural and creative products.

“Today’s Taiyuan has both an ancient history and a vibrant modern side. I’m particularly drawn to the way the city brings together quiet charm and youthful energy,” Maodou said.

A city renewed

The ecological renewal along the Fenhe River, new opportunities created by cross-border e-commerce, and the fresh vitality brought to ancient buildings and historical streets by cultural development — all these changes are giving Taiyuan a new look.

For more than four decades, Andy has returned to Taiyuan time and again, sharing the city’s story with foreign friends around him on each visit.

“I tell them they really should come to China and see Taiyuan for themselves,” he said.

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SOURCE People’s Daily

Foshan blends heritage with innovation to forge new path

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BEIJING, Sept. 18, 2026 /PRNewswire/ — A report from People’s Daily: 

Located in the heart of the Pearl River Delta, Foshan in Guangdong province is a national renowned historical and cultural city whose name dates back to the Tang Dynasty (618-907).

As a key birthplace of Lingnan culture, Foshan has long served as a vibrant hub of commerce and industry. Today, it continues to embody a pioneering spirit of reform and innovation, having grown into a national recognized innovative city.

Home to two trillion-yuan ($297.6 billion) industrial clusters in equipment manufacturing and pan-home furnishing, Foshan is globally renowned for its time-honored reputation — “Where there is a home, there are Foshan-made products.” The city perfectly blends the elegance of Lingnan cultural heritage with the modern vitality of a world-class manufacturing hub.

A fertile ground for industry and entrepreneurship

Foshan’s strong industrial foundation has turned countless entrepreneurial dreams into reality.

More than a decade ago, Tajikistani entrepreneur Alimov Jahongir first visited Lecong township in Foshan while studying in China. He was stunned by the sight of more than 180 furniture malls stretching for more than 10 kilometers along a national highway. Today, the furniture industry is one of the main reasons he has chosen to stay in Foshan.

In 2024, he founded the Laowai Shuo Jiaju (Foreign Insights on Furniture) brand, providing overseas buyers with one‑stop solutions from material selection and logistics to cross-border marketing. He does not own a factory, but by tapping into Foshan’s decades-old industrial foundation and extensive network of suppliers and manufacturers, he has built a thriving business.

Today, Foshan has developed a highly integrated industrial ecosystem covering everything from raw materials, design and manufacturing to warehousing and logistics. Lecong alone is home to more than 10,000 furniture businesses and more than 2,600 manufacturing enterprises, facilitating annual transactions worth more than 80 billion yuan.

For Jahongir, finding the right business partners is all it takes to quickly connect his business with the local industrial chain.

To foster a first-class business environment, Foshan has introduced 123 targeted reforms over the past five years, based on the needs of businesses throughout their life cycles. The city has shifted from providing businesses with “whatever services are available” to providing “whatever services businesses need.”

In the first half of 2026, Foshan’s furniture exports reached 10.21 billion yuan, up 11.8 percent year on year. Digital technologies and intelligent manufacturing are breathing new life into traditional industries, while “Made in Foshan” is expanding beyond products to encompass comprehensive solutions.

Jahongir has opened a showroom in Dushanbe, capital of Tajikistan, determined to build a bridge connecting Foshan with markets around the world.

A hub of innovation where an ancient city looks to the future

If Jahongir has witnessed how traditional industries can create new value, Mathias Uller Rothmann has discovered Foshan’s potential as a hub of cutting-edge innovation.

A postdoctoral researcher at the University of Oxford and a specialist in perovskite solar cells, Rothmann came to Foshan four years ago. He was surprised to find that a city known for traditional manufacturing could offer such a broad platform for his research.

“Here we have excellent research facilities, and traditional manufacturing and cutting-edge technology are not separated from each other,” he said.

The vast pool of enterprises, equipment and application scenarios accumulated by the Pearl River Delta’s manufacturing clusters allows researchers to bring real-world industrial challenges back to the laboratory and then test their research achievements in actual production.

Foshan is now home to 126,600 industrial enterprises. The city has established 25 proof-of-concept centers and 91 pilot-scale testing platforms.

The laboratory where Rothmann works has built a pilot production line for 100-megawatt perovskite photovoltaic modules. In addition, Xianhu Laboratory has assembled a research team of nearly 200 researchers and forged deep ties with some 200 local hydrogen‑energy enterprises to advance hydrogen‑energy applications across transportation, industry and other sectors.

To Matthias, Foshan is “ancient yet forward‑thinking”: it keeps its eyes fixed on the future and consistently invests in it. He sees himself as a “partner” of the city, hoping his research can become part of Foshan’s future growth.

Where heritage becomes part of modern life

A city that is both well-governed and pleasant to live in — this is the deep impression Foshan has left on American native Ruben Diaz Jr.

Drawn to Foshan by Bruce Lee’s movies, Ruben settled in the city in 2012. He soon discovered the reality of Foshan was far richer and more complex than anything he had seen on screen.  Over the past decade, the cityscape has changed dramatically, yet its traditional character has never faded.

In his spare time, Ruben often visits the Donghuali area around Foshan’s 900-year-old Ancestral Temple. Its arcades, gray-brick buildings and stone-paved streets have been carefully preserved, while new businesses and activities have turned the historical neighborhood into a popular leisure destination.

Urban renewal has not diluted the city’s cultural identity. Instead, it has breathed new life into traditional cultural treasures such as kung fu, Cantonese opera, lion dancing and Cantonese cuisine. Foshan is now home to 15 national-level intangible cultural heritage items.

As an English teacher and online content creator, Ruben has begun introducing Foshan to audiences overseas. He has found that foreigners are often less interested in broad cultural symbols such as kung fu and lion dancing, and more intrigued by the history and traditions behind everyday practices, such as tapping one’s fingers on the table to show appreciation while drinking tea or local cooking customs.

Through answering questions from his followers, Ruben has come to understand the city anew  and developed an even deeper affection for it.

In Foshan, traditional industries are brimming with new vitality, cutting‑edge technologies are taking root in its fertile manufacturing landscape. And people from all corners of the world are settling down, pursuing fulfilling lives.

Holding fast to its heritage, embracing innovation, and keeping its people rooted — this is precisely the secret behind the enduring vitality of this time‑honored city.

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SOURCE People’s Daily

Huawei Unveils Innovative Immersive Telepresence Solution That Offers Immersive Experiences and Intelligent Services

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SHANGHAI, Sept. 18, 2026 /PRNewswire/ — At HUAWEI CONNECT 2026, Huawei unveiled a groundbreaking immersive telepresence system during the intelligent collaboration session titled “Embracing a Smarter Future with Boundless Collaboration.” The company also showcased its latest advancements and best practices in AI-driven meeting processes. The new system focuses on immersive meeting experiences and an open ecosystem, taking productivity to new heights.

Solution launch by Han Zhenxing, President of Huawei Intelligent Collaboration Domain

  • Immersive Telepresence: A Revolutionary Conference Experience

The immersive telepresence system has evolved in all dimensions, from visual and auditory experiences to image display. It provides intelligent linkage, convenient interaction, and robust security, comprehensively transforming remote collaboration.

Immersive experience: Our immersive telepresence solution provides a complete upgrade to the audiovisual experience. The new HUAWEI CloudLink Camera 610 AI panoramic fusion camera seamlessly integrates digital panoramic imagery without any distortion or visible seams. Utilizing a multimodal optical flow splicing algorithm, it provides 1:1 lifelike representations of participants. The omnidirectional independent stereo sound pickup system supports AI-based precise noise separation, while the multi-channel stereo speaker system ensures high-fidelity playback and sound localization, as if the person you’re talking to is in the room with you. In terms of image quality, the flexible splicing screens of IdeaPresence display vivid and detailed images with 1.07 billion colors, and its modular design allows for flexible adaptation to various spaces. The integration of these technologies creates a genuinely immersive communication experience for remote participants.

Intelligent linkage: The immersive telepresence system integrates functions such as automatic switching between standing and sitting modes and intelligent conference space management, making conferences more efficient and smooth.

Easy interaction: The system seamlessly integrates with previous-generation products for the user’s ease. It supports effortless, one-click sharing through flexible switching between HDMI and IdeaShare projection. Intuitive features such as the touch-sensitive microphone and motorized tabletop display make it easy for all participants to start using the system immediately.

Comprehensive security: Audio and video watermarks enable comprehensive recording, facilitating the precise identification and quick tracing of any data leaks.

  • Open Capabilities: Partnering to Develop Robust Industry Applications for OpenHarmony

In terms of ecosystem construction, Huawei Intelligent Collaboration continues to open up platform capabilities, including the UI control SDK, service SDK, and hardware acceleration SDK, covering the AI engine, media processing, whiteboard engine, and audio and video data. This facilitates rapid integration and development for partners.

For digital meetings, Nanjing Southern Telecom Company integrates the meeting system into the office OA system based on the meeting SDK, enabling mobile office. In cloud meeting scenarios, IdeaHub + Mago software-hardware synergy is used to build a dedicated meeting system outside the Chinese mainland, supporting multiple cloud meeting functions, intelligent noise reduction, and acoustic baffle. For smart education, we leveraged the OpenHarmony, open whiteboard and projection SDKs to collaborate with partners such as ULearning and Chaoxing to build smart classrooms powered by OpenHarmony. The classrooms support simplified projection, intelligent whiteboards, in-class quizzes, remote classes, and real-time discussion.

In the future, with AI entering work and collaboration scenarios, Huawei will shift from experience enhancement to service consolidation, translating AI into perceptible and sustainable productivity. Huawei Intelligent Collaboration is dedicated to working with global customers and partners to forge new success stories. Together, let’s unlock the potential of intelligent collaboration to generate greater value.

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SOURCE HUAWEI

Binance Launches Foreign Exchange Perpetual Futures, Expanding 24/7 Access to the Largest Financial Market

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  • First FX perp: USDBRLUSDT (USD/Brazil Real) goes live September 21, 2026 at 14:00 UTC.
  • Built for FX gaps: Dual-mode pricing maintains fair and orderly markets when traditional FX liquidity thins on weekends.
  • Proven weekend leadership: Binance’s TradFi-linked perps have already become primary venues for weekend price discovery, leading peer venues by 2.6–3.8×.

ABU DHABI, UAE, Sept. 18, 2026 /PRNewswire/ — Binance today introduced Foreign Exchange (“FX”) perpetual futures under its TradFi Perpetual product category, bringing regulated USDT-settled, 24/7 access to the world’s most actively traded market. The first FX perpetual contract, USDBRLUSDT (USD/Brazil Real), will go live on September 21, 2026 at 14:00 (UTC).

“FX is one of the world’s most foundational markets, traded every moment to hedge and express macro views. Unlike most traditional asset classes, FX already operates 24 hours a day, five days a week, and weekend trading activity is growing — though liquidity is not as robust outside weekday sessions. With Binance’s deep liquidity and global user base, we’re well positioned to extend continuous price discovery into the gaps that traditional FX cannot cover, giving traders a single venue to express macro views, hedge exposure, and capture opportunity around the clock,” said Shunyet Jan, Head of Exchange and Trading at Binance.

The case for 24/7 TradFi perps is already backed by data. By April, Binance’s gold perpetuals were exhibiting institutional-grade weekend price discovery, according to Binance Research — with weekend price movements correctly predicting the direction of Monday’s opening gap approximately 89% of the time.[1]

In mid-September, Binance’s equity perps linked to AI and semiconductors became the primary live market for investors to express views before Wall Street reopened, capturing approximately 53% of combined weekend volume across five major venues for the most directly linked pre-IPO AI-linked contracts and approximately 59% for the most exposed semiconductor contracts, leading the second-ranked venue by roughly 3–4× in both cases.[2]

TradFi perpetuals feature no expiry dates and no need for contract rollovers, with consistent fee and margin mechanics across all contract types. Traders can express views on FX, commodities, and equities markets, hedge related exposures, and diversify strategies using USDT as a single settlement currency.

To support continuous trading when underlying FX markets have limited hours, Binance applies a dual-mode pricing framework. During regular FX trading hours — Sunday 17:00 (ET) to Friday 17:00 (ET) — the price index is updated every second as a weighted average of constituent prices from third-party data vendors (Standard mode). During weekends and public holidays — Friday 17:00 (ET) to Sunday 17:00 (ET) — the system transitions to Orderbook EWMA mode, using an exponentially weighted moving average of orderbook prices to maintain fair and orderly pricing when traditional FX liquidity is thinner. Additional controls include multi-source indices, mark price mechanisms, and deviation constraints to reduce dislocation risk.

When trading goes live, FX Perpetual Futures under the “TradFi” category will be available on Binance Futures via web, app, and API. Users can navigate to the “TradFi” tab under the symbol search bar to explore the new contracts and related TradFi perpetual offerings. The TradFi asset-name search function on the Futures trading page in the app will be progressively rolled out to users.

Contract Specifications: USDBRLUSDT

  • Contract Type: USDT-Priced, USDⓈ-M Perpetual Contract
  • Underlying: 1 US Dollar (USD) to Brazil Real (BRL)
  • Scheduled Launch Time: September 21, 2026, 14:00 (UTC)
  • Settlement Asset: USDT
  • Tick Size: 0.0001
  • Min Trade Amount: 0.01 USDBRL
  • Min Notional Value: 5 USDT
  • Capped Funding Rate: +0.375% / -0.375%
  • Funding Fee Settlement: Every 8 hours
  • Maximum Leverage: 100x
  • Trading Hours: 24/7
  • Multi-Assets Mode: Supported

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Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. TradFi Perps are subject to high market risk and price volatility (particularly outside traditional market hours). You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. TradFi Perps do not represent ownership of the relevant underlying asset. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use, Clearing Rules, Clearing Procedures, Contract Specifications and Risk Warning.

About Binance

Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 300 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com.

[1] By April 2026, Binance’s gold perpetuals were exhibiting institutional-grade weekend price discovery, with weekend price movements correlating approximately 0.80 to Monday’s futures gap, explaining approximately 66% of its variance (R² ≈ 0.66), capturing a median 57% of the Friday-close to Monday-open adjustment, and correctly predicting the gap direction approximately 89% of the time — evidence that when weekend news hits, Binance’s TradFi perps set a credible price that traditional markets largely confirm on Monday.

[2] Anthropic CEO Dario Amodei’s September 12 “We Must Pace the Frontier” post drew weekend endorsements from Sam Altman, Elon Musk, and Demis Hassabis, Binance’s equity perps became the primary live market for investors to express views before Wall Street reopened, capturing approximately 53.2% of combined weekend volume across five major venues for the two most directly linked pre-IPO perps (OpenAI + Anthropic) — leading the second-ranked venue by approximately 2.6× and lifting its own volume approximately 102% to $68.38M — and approximately 58.8% for the two most exposed semiconductor perps (SOXL + SK Hynix), leading the runner-up by approximately 3.8× and nearly doubling volume to $861M.

 

 

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SOURCE Binance