New offshore wind power capacity tripled worldwide in 2021, according to industry data, driven by China in a buildup that is transforming the industry. Last year, 21.1 gigawatts of offshore wind …
Monthly Archives For June 2022
Competition with Russia, China revives need for soft power
Competing with Russia and China means the U.S. needs to bring back what worked in post-war Europe — the Marshall Plan. It rebuilt nations and aided our economy.
China city mayor apologises over lockdown
The mayor of a northeastern Chinese city on the North Korean border that has been under lockdown for more than 50 days has apologised for failures in his administration’s work amid widespread – but …
What Returning to China Taught Me About China
Returning to Beijing shows what happens when an unfettered state is allowed free rein, unchecked by law or civil society.
A.I. robotaxis already running in China could be coming soon to the U.S.
Forget driver’s ed. Soon teaching a car to drive will be more effective than teaching a human. Artificial intelligence may be invisible to the unsuspecting eye, but it’s already at work on city …
Russia will lose the most millionaires this year as war spurs a ‘tsunami’ of capital flight — and China is close behind
Russia is projected to lose 15,000 high net worth individuals to migration this year, or about 15% of its millionaires, Henley & Partners said.
Biden Weighs Ending Some China Tariffs Soon in Response to Inflation
The administration will decide in the coming weeks on the Trump-era levies on Chinese goods to help ease inflation, as business groups push to lift them and unions seek their extension.
Raythink Completes Series A+ Financing to Accelerate Mass Production of In-Vehicle AR Displays
with China Unicom’s subsidiary, Unicom Innovation Venture Capital, as co-investor. “Chengwei Capital and Raythink have partnered for a long time, and we are honored to work together as they …
What China’s targeting of US telecoms means for post-quantum security
Just as there is an eagerness to reap the scientific and commercial benefits of quantum information sciences and technology — a broad discipline of science and engineering — there is an …
Beijing not reviewing IPO of Ma’s Ant Group
BEIJING: Beijing has rebuffed reports it has started discussions on the potential revival of an initial public offering (IPO) for financial giant Ant Group after the bumper listing was scuttled in a …
China attack on Taiwan would hit global trade more than Ukraine war, says Taiwan
Any Chinese military attack on Taiwan would have a greater impact on global trade flows than the Ukraine war, Taipei’s top trade negotiator told Reuters on Tuesday, saying it would lead to a shortage …
GoGoX defies IPO drought as it pushes through downsized Hong Kong offering targeting US$85.5 million, down from US$500 million
The app-based logistics services provider hopes to sell 31.2 million shares at HK$21.50 in a retail offering that ends on Friday and will use the funds to expand, particularly in Southeast Asia.
Applied Blockchain stock plunges for second day, hits low of 98 cents
Applied Blockchain (APLD) shares tumbled again on Tuesday, falling 23% in midday action following the expiration of its initial public offering stock lockup and news that …