> Beijing-Hebei section of Grand Canal opens
A group of passengers take a ship to experience the travel between Beijing and Hebei province over the Jinghang Grand Canal.[Photo by An Qingsong for chinadaily.com.cn]
The Beijing-Hebei section of the Grand Canal, 62kilometers long, opened to traffic on Friday.
The Grand Canal is the longest canal or artificial river in the world and a well-known tourist destination.
> China ships 17.74m 5G phones
Consumers check out Huawei foldable smartphones at a store in Shanghai on Oct 24, 2020. [Photo provided to China Daily]
Shipments of 5G phones in China rose 6 percent year-on-year to about 17.74 million units this May, data from the China Academy of Information and Communications Technology showed. These accounted for 85.3 percent of the country's total mobile phone shipments during the period.
> Millennials delaying major purchases due to inflation
Millennial millionaires are temporarily shelving major purchases as interest rates and inflation rise, according to CNBC’s Millionaire Survey.
The CNBC Millionaire Survey, which surveys those with investible assets of $1 million or more, suggests inflation and rising borrowing costs are working their way up the wealth ladder.
While inflation hits middle-class and lower-income groups hardest, rising interest rates are starting to squeeze the more affluent, especially for big-ticket items.
> Amazon’s Alexa could mimic voice of dead relatives
Amazon's brightly colored models of its Echo Dot speaker are designed for children. [Photo/IC]
Amazon’s Alexa might soon replicate the voice of family members - even if they’re dead.
“These attributes have become even more important during the ongoing pandemic when so many of us have lost ones that we love,” Prasad said. “While AI can’t eliminate that pain of loss, it can definitely make their memories last.”
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