At Tianjin Port’s “Smart Hub”, quay cranes, gantry cranes, stackers and forklifts are all controlled by a command centre miles away The smart port can move 36 20-foot boxes an hour, faster than …
Monthly Archives For February 2023
Ernst says China is “intentionally poisoning” Americans amid fentanyl crisis
Joni Ernst accused China of “intentionally poisoning” Americans by not stopping the supply chain networks that produce fentanyl. “The Chinese are selling these precursor chemicals into Mexico. Then …
ChatGPT frenzy sweeps China as firms scramble for home-grown options
Microsoft-backed OpenAI has kept its hit ChatGPT app off-limits to users in China, but the app is attracting huge interest in the country, with firms rushing to integrate the technology into their …
China’s new bank loans surge, boosting growth prospects
a report released by the People’s Bank of China (PBOC) showed on Friday. Off to flying start “The figure has beaten expectations,” said Dong Ximiao, chief researcher at Merchants Union Consumer …
European companies ‘welcome’ to increase investment in China
The ministry will help foreign companies in China address their difficulties, foster a world-class business environment, and promote the implementation of landmark foreign-funded projects, said Chen.
New COVID-19 cases below 20,000 for 10th day
South Korea’s new COVID-19 cases stayed below 20,000 for the 10th consecutive day Saturday, signaling a solid downtrend in the spread of the virus here. The country reported 12,805 new cases, …
Hesai’s IPO raises prospects for unmanned driving
Visitors check out Hesai’s products during a high-tech exhibition in Shanghai. [Provided to] American depositary shares of Hesai Group, a Shanghai-based developer of sensor technologies used in …
New U.S. agriculture trade chief seeks to diversify buyers beyond China
U.S. chief agricultural trade negotiator Doug McKalip wants China to keep striving to meet U.S. farm goods purchase commitments under the 2020 “Phase 1” trade deal, but told Reuters that he also is pushing to…
Avoiding catastrophe will be the true test of fractious US-China relations
Close followers of the US-China relationship have become accustomed to both whiplash and cognitive dissonance. First, the whiplash. A little more than a week ago, US secretary of state Antony Blinken was set to travel…
The spy balloon that gripped a nation, and how it may affect China and US
We want to bridge divides to reach everyone. Already a subscriber? Log in to hide ads. A selection of the most viewed stories this week on the Monitor’s website. Every Saturday Hear about special editorial…
Marketmind: China CPI spy
Economists at UBS expect growth of around 5% to be fueled by consumption growth of 7%, while analysts at Goldman Sachs predict a “faster-than-expected reopening process” will drive 2023 real GDP growth of 5.
China speeds up imports of Australian beef, says industry
By Dominique PattonBEIJING :China’s ports have been clearing cargoes of Australian beef within one or two weeks since the start of this year, much faster than the months taken during the last two …
US Shoots Down Unknown Object Over Alaska as China Tension Grows
President Joe Biden ordered the Pentagon to shoot down an object spotted at 40,000 feet over Alaska less than a week after fighter jets targeted an alleged Chinese surveillance balloon that had …
