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powered by artificial intelligence.Services will be provided based on the results of a survey of 81 countries
China will offer customized data services for disaster prevention thr
ough its Fengyun meteorological satellites for more countries along the Belt and Road, said a
senior official of the China Meteorological Administration’s National Satellite Meteorological Center.
The services will be provided based on the results of a survey of 81 countries. By the end
of April, 22 countries, including Afghanistan, Pakistan, Iran, Russia, Libya and Sudan, had responded to the survey.
“From chips to its self-developed operating system, Huawei has long been preparing for in
dependent research and development in core technologies. It has the ability to adjust to changes in the glo
bal market,” said Xiang Ligang, director-general of the Information Consumption Alliance.
Huawei has also made preparations with core chipsets. Existing stocks
are thought to provide the company with a buffer of six months to a year, he said.
Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20 percent in their US stock market debut Friday.
The Chinese company, which opened its first store in Beijing less than two years ago, has 2,370
locations and plans to surpass the 3,700 stores Starbucks has in China by the end of the year.
It brought in $125 million in revenue last year, but spent much more than
that on coffee beans, store rent and other costs. Last year, it lost $475 million.
Most of Luckin’s stores are small, have few seats and are used mainly as a place to pick up mobile orders.
It also offers delivery in 30 minutes and promises a refund for delays or spilled drinks.