Lastest Featured News China is not a match for American unicorns in AI, big data and robotics, as it is still playing in the R&D, says Credit Suisse.


China is far behind the US in producing genuine hi-tech unicorns in artificial intelligence, robotics and biotechnology, as it still infringes scientific research, Credit Suisse said. In a report released on Tuesday titled "China Unicorns, Preparing Gallop", Credit Suisse said although China was responsible for nearly one-third of the world's 326 US $ 1 billion or more startups, sharing unicorns in sectors that need more advanced scientific research capabilities.

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