CX Daily: Tsinghua Program Shows the Challenges of Nurturing World-Class Mathematicians
TOP STORY
Math?/
The Yau Mathematical Sciences Leaders Program at Tsinghua University aims to be a “Shangri-La” for nurturing the mathematicians and scientists who can help China overcome the critical technological challenges of the future.
Founded by the first ethnic Chinese recipient of one of the world’s most prestigious prizes in mathematics, the program accepts no more than 100 students a year. ?
FINANCE & ECONOMY
Consumption?/
Confidence among consumers in China’s large and midsize cities is returning and willingness to spend is increasing, with more people feeling financially better off and expecting higher incomes this year, a new survey shows, suggesting government stimulus measures that started in September are having an impact.
However, while attitudes on income and spending have improved, more survey respondents said prices have been rising over the past few months and sentiment toward the property market remains weak, according to the latest quarterly survey of consumers by German investment bank Deutsche Bank AG. ?
BUSINESS & TECH
EVs?/
Some Chinese electric-bus makers are scrambling to adjust their Mexican expansion plans as a temporary exemption on U.S. tariffs nears expiration.
Firms will find out on April 2 whether a 25% tariff on all Mexican products shipped to the U.S. takes full effect.
Yutong Bus Co. Ltd., one of the largest suppliers of electric buses in the country, is amping up local production and increasing local procurement of components. A spokesperson said the company is closely monitoring trade policies in both Mexico and the U.S. ?
Quick hit?/
BRIEFING
A rundown of the news making headlines in and around China:
Huawei car collab:?Guangzhou Automobile Group Co. Ltd. (GAC) and Huawei Technologies Co. Ltd. have?set up an auto company?for a soon-to-be established new car brand...
Beijing land king:?Land markets in major Chinese cities are showing signs of recovery after a three-year slump, with the return of the “land kings” eager to purchase prized sites...
Insurance fund:?Ping An Insurance (Group) Co. of China Ltd., one of the country’s largest insurers,?reported a 21.4% growth?in its investment asset size in 2024, reaching more than 5.7 trillion yuan... ?
GALLERY
In Lincang, Southwest China’s Yunnan province, a significant portion of laborers on sugarcane farms are Burmese, including many refugees fleeing the country’s civil war. These workers are filling critical labor shortages across the border region, where local populations are shrinking due to migration and declining birth rates, according to an associate professor at Yunnan Open University.