China: World’s First Commercial Underwater Data Centre with 1,433-Ton Cabin Goes Live China has reportedly launched the world’s first commercial underwater data center in Hainan on Tuesday. This groundbreaking initiative marks a significant milestone in the realm of data storage and technology. The underwater data center, weighing a massive 1,433 tons, is set to revolutionize […]
Trouble in China’s Shopping Paradise as Hainan Duty-Free Spending Falls 29%
In a surprising turn of events, duty-free spending in Hainan, China, has witnessed a significant decline, dropping by 29.3% in 2024 compared to the previous year. This sharp downturn raises concerns for luxury retailers and sheds light on the evolving dynamics of consumer behavior in the region. According to local customs data, shoppers spent 30.94 […]