An involvement in AUKUS would entail “significant cost-sharing,” said James Przystup, senior fellow at Hudson Institute and Japan chair specializing alliance management in the Indo-Pacific. But both …
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China’s push for greener aluminium hit by erratic rains, power cuts
Erratic rainfall in China’s southwest is frustrating a multibillion-dollar push to green an aluminium industry that accounts for almost 60% of global output and, by some estimates, emits more carbon …
European companies in China are under pressure from slower growth, overcapacity
European companies are finding it harder to make money in China as growth slows and overcapacity pressures increase, according to an annual business survey.
South China Sea: Philippines sounds alarm about coral reef damage related to Beijing’s reclamation activities
Maritime assessment in March shows coral reefs on Pag-asa Island severely degraded, with debris around the area indicating the damage is man-made China’s reclamation activities and swarming of its maritime militia vessels are the biggest…
China-developed text-to-video large AI model unveiled in Beijing
Vidu, a text-to-video large AI model capable of creating a 16-second, high-definition video in 1080p resolution with a single click, was unveiled in
Beijing, Budapest upgrade partnership
China and Hungary elevated bilateral ties to an all-weather comprehensive strategic partnership for the new era as the two nations pledged to deepen cooperation in sectors including infrastructure development, artificial intelligence and nuclear energy.
European firms souring on China, lobby group warns
The proportion of European firms that rank China as a top investment destination has hit a record low, a European business lobby group said on Friday, warning that it could take years to restore confidence…
US blocks some Intel, Qualcomm exports to China over Beijing’s objections
The U.S. Commerce Department revoked Intel and Qualcomm export licenses to Chinese firm Huawei after the blacklisted telecommunications firm unveiled a new AI-powered laptop.
Beijing slams US for calling Hong Kong protest song ban blow to judicial independence
Beijing expresses ‘strong dissatisfaction’ as Washington describes ban on ‘Glory to Hong Kong’ as blow to city’s judicial independence.
Analysis-Why China’s tolerance for a cheaper currency may be temporary
Currency markets are reading subtle signals from Chinese authorities as an indication they are slowly nudging the yuan lower to regain export competitiveness, but analysts say protracted yuan weakening is neither the intent nor desirable.
Domestic tourism soars in China but foreigners stay away
Yet a key exception is emerging in the form of domestic tourism. Last week’s five-day public holiday to mark labour day saw 295 million trips made within China, according to figures from the Ministry of…
Morning Bid: Markets up but lacking oomph, China inflation looms
A look at the day ahead in Asian markets.Asian markets are poised to round off the week on a positive note on Friday, supported by gains on Wall Street, a weaker dollar and falling Treasury…
China’s Xi visits Hungary in bid to solidify European economic influence
A visit to Hungary by Chinese President Xi Jinping saw the authorization of numerous agreements aimed at solidifying Beijing’s regional economic foothold.
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