China’s leading car-hailing firm is overhauling its service … a year after it opened a Silicon Valley research lab to develop autonomous driving technology. ( read original story …)
Monthly Archives For May 2018
China approves Toshiba’s sale of $18 billion chip unit to Bain consortium
“The Bain Capital-led consortium has committed to make significant capital investments to help develop and grow semiconductor technology.” Toshiba said in a brief statement that it expects the deal to be completed on June 1.…
China’s city of Tianjin to set up $16-billion artificial intelligence fund
China aims to become a world leader in artificial intelligence by 2025, taking on U.S. dominance in the sector amid heightened international tension over military applications of the technology. [nL3N1KB3P4] Tianjin will pour the funds…
China teases next-generation H-20 stealth bomber
CHINA has teased the world with a veiled glimpse of its secret … The B-21 Raider is being sold as a budget bomber, using technology developed for the 1990s-era B-2 Spirit flying wings. But we…
China banking on AI for innovation edge
[Photo by Jia Chenglong/For China Daily] China is stepping up the push to develop … an official from the Ministry of Industry and Information Technology said on Thursday. “We are experiencing a historical period of…
AI technology to help in ‘intelligent’ transformation
[Photo by Jia Chenglong/For China Daily] China should harness opportunities arising … the research and development of basic materials, sensing technology, key devices and equipment, as so to rebuild the industrial chain of AI technologies,”…
Trump says ‘no folding’ in trade negotiations with China
The Trump administration has proposed tariffs on up to $150 billion in Chinese products to punish Beijing for forcing American companies to turn over technology in exchange for access to the Chinese market. China has…
China launches first privately built rocket
China’s first privately built rocket had a test launch on … OneSpace, which was founded in 2015, said it independently designed and developed the rocket engine’s technology with an investment of 78.5 million dollars but…
Chinese Bank Offered Clients Chance to Dine With Trump for $150,000
Donald Trump’s re-election campaign has complained to the U.S. Department of Justice after China’s second-largest state-owned bank offered wealthy clients the opportunity to have dinner with the American president for $150,000 a ticket. A branch…
China Unicom sets up unit in Xiongan New Area
China United Network Communications Group Co, the country’s second-largest mobile carrier by subscribers, has established a new unit in the Xiongan New Area, as part of its broader push to help build it into a…
China rejects appeal on behalf of Nobel Prize winner’s widow
“It is a matter falls within China’s judicial sovereignty. She is a Chinese national (and) we of course handle the relevant issue in accordance with our laws and regulations,” Liu said at a regularly scheduled…
China offers Trump package to slash U.S. trade deficit: officials
WASHINGTON (Reuters) – China has offered U.S. President Donald Trump a package of proposed purchases of American goods and other measures aimed at reducing the U.S. trade deficit with China by some $200 billion a…
China’s steel mills turn trash into cash as policy reshapes strategy
BEIJING (Reuters) – Steel mills in China are spending big on equipment that shreds cars and other junk metal for use as raw material, as government demands to make smoke-stack industries cleaner continues to reshape…
