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Jacobs engineering consulting center will deploy data-center digital twin technology at NVIDIA's (NVDA.O) R&D center.

Morgan Stanley China chief economist Xing Ziqiang said the recent round of rate hikes has led his research team to revise forecasts to expect one further hike in December and another in March. He will closely monitor how rate increases and related factors may affect global liquidity. Discussions with overseas investors show a preference for Chinese AI and broader technology sectors and other industries with improving momentum. While industrial revolutions raise productivity, Xing said preparation is needed to mitigate potential shocks to employment and incomes.