BEIJING (Reuters) – China plans to invest more than 6 billion yuan ($830 million) in a government-led project to develop solid-state batteries with six firms eligible for state funding to work on the next-generation technology,…
Monthly Archives For May 2024
China’s Xi Calls for More Jobs for Young People, Migrant Workers
China’s president is urging officials to create more jobs for young people and migrant workers, in what could be a signal that employment policy may be in the pipeline ahead of a key political meeting…
Analysis-China gears up to make a deal with Europe as EV tariffs loom
The European Commission’s expected move to hike tariffs on Chinese electric vehicles is set to kick off a round of talks that Chinese executives hope will soften the blow for the world’s biggest EV industry.
China, Cambodia wind down military drills amid concerns over Beijing’s influence
Beijing used the exercise to showcase “unmanned intelligent” equipment, including robotic dogs and drones, according to a video posted to China Military Online on Tuesday. The footage focused on a small, 33-pound dog intended for…
Taiwan Detects 13 Chinese Military Aircraft, Nine Ships Amid Growing Tensions With Beijing
According to the MND, three of the 13 PLA aircraft crossed the Taiwan Strait middle line, one flew inside the country’s air defence identification zone (ADIZ) in the southwest, and one Chinese drone traveled along…
China Will Catch Up to the US in AI Compute: SenseTime Co-Founder
The United States and China have locked horns in the ongoing race to build and control the world’s most powerful computers, with the US doing all it can to prevent China from unfettered technological advancement.
The notion that ‘China exports its overcapacity’ is a complete fallacy
The statement that ‘China exports excess production capacity’ is false and does not correspond to the basic principles of the economySome
Shenzhen, Guangzhou join China’s property relaxation campaign in bid to lure homebuyers
The cities of Shenzhen and Guangzhou have joined the ranks of major Chinese cities that have lowered mortgage rates to lure homebuyers, close on the heels of the central government’s unveiling of …
Apple slashed iPhone prices in China. Sales are bouncing back
A rebound in Apple’s iPhone sales in China is gaining momentum, after the company aggressively cut prices in its largest overseas market to lure back consumers actively hunting bargains in a weak economy.
China’s $47.5 billion chip fund will likely focus on AI amid U.S. export curbs, NYU professor says
China’s new third chip fund will likely focus on advanced chips and establishing the entire supply chain, said Winston Ma, adjunct professor at NYU School of Law.
Philippines President Says New China Coast Guard Rules ‘Worrisome’
Philippines President Says New China Coast Guard Rules ‘Worrisome’ MANILA (Reuters) – Philippines President Ferdinand Marcos Jr said on Wednesday new rules outlined by China’s coast guard that could …
Guangzhou, Shenzhen Follow Shanghai in Easing Home-Buying Policy
Guangzhou became the first Chinese first-tier city to remove the minimum interest rate on mortgages yesterday. Meanwhile, Shenzhen lowered the minimum rate on first- and second-time home loans to 3.5 …
Amid growing tensions with Beijing, Taiwan detects 13 Chinese military aircraft, nine ships around nations
The Ministry for National Defence of Taiwan detected 13 Chinese military aircraft, five naval vessels, and four coast guard ships around Taiwan. This comes amid island’s growing tensions with Beijing in recent times.
