Asian equities were lower overnight as Japan significantly underperformed and closed lower by almost -2%, though volumes in the region were light due to market holidays.
TECHNOLOGY
Online rumours of civil war in Philippines tied to China’s covert agenda
Analysts accuse Beijing of using cognitive warfare to destabilise the Philippines’ political landscape amid their South China Sea row.
Biden’s electric vehicle mandates give auto industry to China on a silver platter
Biden treats China as a ‘foreign entity of concern’ and that nation dominates the materials used in electric vehicle batteries. But the White House is still pushing EV mandates.
US Army, Navy reduce dependence on China for ‘critical technology’
The Army achieved a 17% reduction from 2022 to 2023. But the Air Force and defense agencies increased their dependence on China, according to a new report by a government-data analysis company. “When …
China preps plane research refuel after C919’s first year in the air
After one year of commercial flights for its home-grown C919, China has established a new research fund to fuel the development of new planes and the domestic production of parts to keep them running.
Race to Nuclear Supremacy: China’s Technological Edge Over the U.S.
The U.S. lags up to 15 years behind China in high-tech nuclear power development, due to Beijing’s state-backed technology and extensive financing. While China rapidly advances with 27 reactors under …
Race to Nuclear Supremacy: China’s Technological Edge Over the U.S.
The U.S. lags up to 15 years behind China in high-tech nuclear power development, due to Beijing’s state-backed technology and extensive financing. While China rapidly advances with 27 reactors under …
US 15 years behind China on nuclear power: Report
The United States is lagging behind China by up to 15 years in the development of advanced nuclear power technology, primarily due to Beijing’s advantage to its state-backed approach to technology and …
YOFC and China Mobile Debut World’s First 800G Hollow-Core Fibre Transmission Network
On June 6, Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC), in collaboration with China Mobile, unveiled the world’s first 800G hollow-core fibre transmission test network in Shenzhen-Dongguan,
China’s Supreme Court Rules WM Motor to Pay Geely Record USD88 Million in IP Theft Lawsuit
(Yicai) June 17 — China’s supreme court ruled troubled electric vehicle startup WM Motor Technology to compensate automotive giant Geely Automobile a record of CNY640 million (USD88 million) over the infringement of trade secrets and…
Australia’s trade with China surges to record level after tariffs lifted
Farrell added that A$86mn of wine was shipped to China in April, the month after tariffs were lifted, and that he was optimistic trade would make a “full recovery”. Australia exported A$1.2bn of wine a…
China tests Long March-10 rocket’s propulsion for manned lunar mission
The Long March-10 carrier rocket is a three-and-a-half-stage rocket designed to deliver Chinese spacecraft to the moon. China’s manned lunar mission will launch new-generation manned spacecraft and lunar landers.
Across China: Chinese researchers dedicated to restoring underwater “grassland”
JINAN, June 16 (Xinhua) — Carrying an oxygen tank and wearing a diving suit, Zhang Peidong, a professor from the Ocean University of China (OUC), dived into a sea area off the city of Weihai…
