6 d. ago Caught: Chinese Supplier Takes Ownership Stake In Russia’s #1 Drone Company

Caught: Chinese Supplier Takes Ownership Stake In Russia’s #1 Drone Company - Records Deleted In 24 Hours  DroneXL.co

Events

1 week ago China strengthens global drone dominance with record orders at Dubai Airshow

A Chinese drone maker has secured 1,600 orders for industrial models at the recently concluded Dubai Airshow – marking the largest ever single-order deal for the country’s manufacturers at the biennial event, as its companies target emerging markets. The deal, secured by Shenzhen-based United Aircraft, covered industrial drones used for low-altitude logistics, medical deliveries and agricultural applications in the United Arab Emirates and other markets, local outlet SZnews.com reported. The...

Events

1 week ago Seized Chinese drones become shotgun targets for US special ops

Seized Chinese drones become shotgun targets for US special ops  Police1

Events

1 week ago Africa’s Embrace of Chinese Drones Signals New Economic Opportunities

Africa’s Embrace of Chinese Drones Signals New Economic Opportunities  The China-Global South Project

Economics

3 w. ago China patient in Nexperia row – but escalation seen as possible as talks loom

As China and the Netherlands prepare to hold talks next week over the Nexperia chipmaker dispute, Beijing has the patience to resolve the issue through multiple rounds of negotiations to ensure the case remains isolated, analysts said. On Thursday, Dutch Economy Minister Vincent Karremans said a senior government delegation would visit Beijing “to continue our efforts to find a mutually agreeable solution”. The Dutch government took the unusual step of seizing control of Nexperia from its...

Politics

3 w. ago As China’s central bank projects confidence, are rate cuts on the back burner?

China’s central bank vowed to maintain an accommodative monetary policy stance and improve policy transmission to support the “steady” economy in its latest quarterly report, which analysts said signalled a reduced urgency for rate cuts. The People’s Bank of China will implement a “moderately loose” monetary policy and ensure “reasonable and ample” liquidity to serve the real economy, according to the report released on Tuesday. Despite facing domestic and external challenges, the Chinese...

Events

3 w. ago PLA shows first footage of Chinese drone collaborating with crewed J

The Chinese air force has released video of its GJ-11 stealth attack drone flying alongside and linked to the J-20 fighter jet in what is the first footage of the country’s crewed and uncrewed aircraft working together. The footage appeared in a promotional video released by the People’s Liberation Army (PLA) Air Force on Tuesday to mark the 76th anniversary of its founding. It shows the drone flying in formation with the J-20, China’s most advanced fighter jet, as well as the J-16D fighter, a...

Events

4 w. ago China signals soybean demand to spark ‘many deals’ with US – if prices are right

After China and the US reached an agreement on soybeans, Beijing has signalled its intent to seek favourable terms, with the scale of future imports dependent on the competitiveness of American crops, a commerce official said. “With the adjusted tariffs, China will encourage companies to import agricultural products from the US in line with market principles,” said Chen Chao, director general of the Department of American and Oceanian Affairs at the Ministry of Commerce, in a speech at the China...

Economics

4 w. ago Luxury and lifestyle giants signal confidence in China’s consumer recovery

Multinational corporations including French beauty giant L’Oréal and Canadian sportswear brand Lululemon have pledged continued investment in China at the world’s largest trade fair in Shanghai, signalling confidence in the world’s second-largest economy amid signs of a consumer recovery. Speaking on the sidelines of the China International Import Expo (CIIE), L’Oréal chief executive Nicolas Hieronimus said “investing in China is investing in the future”, citing the country’s recovering luxury...

Politics