China’s drone manufacturers are ambitious, but it’s not entirely clear where that technology stands in terms of complementing a future sixth-gen fighter. Notably, Joe said, Chinese-made combat drones …
Monthly Archives For June 2024
Efficiency helped turn Silicon Valley around. China is taking it to the extreme to do the same.
After Silicon Valley bosses mounted a turnaround by putting pressure on workers, China’s tech bosses are preparing to do the same.
China coastguard says it ‘drove away’ Japanese boats near disputed islands
China’s coastguard said on Monday it took “necessary control measures” against and “drove away” four Japanese fishing vessels and several patrol boats which entered the “territorial waters” of Diaoyu Islands between June 20-24.
UBS to sell 36% stake in securities venture to Beijing state asset manager
BEIJING/HONG KONG (Reuters) — UBS is selling a partial stake in one of its securities joint ventures to Beijing State-owned Asset Management (BSAM), a key step for the Swiss bank as it consolidates …
China Prepares Unpleasant Banking Surprise For Russia
Bank of China, the Russian subsidiary of the Bank of China, has suspended all operations with Russian banks that have fallen under US sanctions since June 24. The decision is related to fears of …
Jackpot! Why sales of lottery tickets are surging among the youth in China
Lottery shops in China are transforming their plain storefronts into trendy hangouts, attracting young people affected by the economic slowdown with slogans promising quick money. In the first quarter …
China’s government considers punitive surcharge on EU pork as retaliation for e-car tariffs
In response to the EU’s planned punitive tariffs on Chinese electric cars, Beijing is considering imposing similar tariffs on European pork. The measures would primarily affect countries such as Spain …
Scholz urges movement from China in electric vehicle tariff dispute
German Chancellor Olaf Scholz has called for movement from China in the dispute over potential European Union tariffs on Chinese electric vehicles. Scholz welcomed the European Commission’s offer of negotiations with China,
Taiwan leader says China ‘has no right to punish’ island after Beijing threatens death penalty for ‘diehard’ supporters
Taiwan’s new President has fired back after Beijing warned “diehard” supporters of the island’s independence could face the death penalty. China claims democratic Taiwan as part of its territory and …
UBS Picks Beijing Over Citadel Securities for Credit Suisse Unit
UBS Group AG has agreed to sell the majority of its stake in Credit Suisse’s China venture to a Beijing-backed fund, dealing a blow to the ambitions of Ken Griffin’s Citadel Securities to expand in…
President Xi meets Polish counterpart in Beijing
President Xi Jinping on Monday held talks with his Polish counterpart Andrzej Duda, who is on a state visit to China, at the Great Hall of the …
China’s development of new quality productive forces will create vast opportunities for global businesses: experts
It is strongly proposed to initiate a joint signing against Japan’s discharge of nuclear-contaminated water into the sea …
China: 5G drives advances in smart transportation systems across China
(Sound_bite) Liu Yifan, wireless network optimization engineer, China Mobile Zhoushan Branch: “5G base stations have been deployed on the lighthouses on some uninhabited islands and offshore wind …
