“In recent years, China has moderately raised defense investment,” he told a news conference. “Part of it has been to make up for past investment deficiencies, mostly on renewing equipment (and) improving material benefits for…
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US aircraft carrier in Vietnam for historic visit aimed at Beijing
Danang, Vietnam (CNN)For the first time since the end of the Vietnam War more than four decades ago, a US Navy aircraft carrier will set anchor in the country Monday. Publicly, the United States has…
Beijing Guoan sign Cedric Bakambu in African-record £65m deal
Beijing Guoan have completed an unbelievable African-record move to sign Villarreal forward Cedric Bakambu for £65m. The DR Congo international penned a four-year deal with the Chinese Super League and was presented as a Guoan…
China: Trump’s tariffs to have ‘huge impact’ on global trade
However, Parker said, soybeans might be held for use later on a bigger issue such as the “301” investigation into Beijing’s technology policy, which could have a broader impact. Trade makes up a smaller share…
China to strictly control new solar capacity expansion, boost tech innovation
BEIJING (Reuters) – China will strictly control the expansion of solar power production capacity and encourage more innovation, the industry ministry said in new guidelines Thursday, to improve technology and cut production costs in its…
SAIC, Infineon form JV to make electric car power modules in China
The joint venture, to be named SAIC Infineon Automotive Power Modules and headquartered in Shanghai, will make the power modules at Infineon’s plant in Wuxi, China, they said. Volume production is due to start in…
China’s Alibaba, Tencent, Baidu and JD.com challenge Silicon Valley
But new generations of Silicon Valley start-ups or even US unicorns are becoming used to keeping a wary eye on the competition coming out of China, particularly in new growth areas of technology. China is…
China looks to defuse trade tensions, asks US for talks
who is also overseeing an investigation into whether China is systematically violating U.S. intellectual property rights, particularly in the technology industry. Liu also met separately with Stephen A. Schwarzman, the Blackstone Group chief executive who…
China’s biggest retailer JD.com takes on Amazon with robots and drones
When JD.com’s Zhang Chen looks into the future, the chief technology officer at China’s biggest retailer sees a world of self-driving shopping trolleys, autonomous delivery vehicles, drones and supermarkets without the need for a check-out.…
China has shot far ahead of the US on deep-learning patents
China wants to become a country of innovation, and lead the world in artificial intelligence in 2030. By one indicator, it’s on its way. Load Error China is outdoing the US in some kinds of…
VanadiumCorp applauds China’s new rebar standard and increasing demand for new applications
China produces approximately 200 million metric tons of rebar … VanadiumCorp-Electrochem Process Technology is the world’s first environmentally sustainable, high yield, high efficiency process for recovering vanadium from virtually any vanadium … ( read original…
Citic Bank Suspends Mortgages in Beijing
(Beijing) — China Citic Bank Corp. has stopped offering mortgage loans larger than 2 million yuan ($315,390). The suspension is another sign that banks are taking a more cautious stance toward the real estate market…
Financial regulatory reform to be expanded
Experts are expecting more new rules to be discussed as legislators and political advisers meet in Beijing. Financial risk prevention will be one of the key topics for the sessions of the National People’s Congress…
