6 h. ago China launches corruption probe into former securities regulator chair

China launches corruption probe into former securities regulator chair  Financial Times

Politics

29 h. ago Tesla to award Musk an unparalleled $1 trillion depending on performance

Tesla’s board has proposed a US$1 trillion compensation plan for CEO Elon Musk in what would be the largest corporate pay package in history, underscoring the hold Musk has over the carmaker as it attempts to transform into an AI and robotics powerhouse. The world’s richest person has consistently said he needs more of a stake in the company, even as a legal battle over his 2018 pay package – then valued at a mere US$56 billion – continues. The regulatory filing puts Musk on a different plane...

Events

29 h. ago Tesla to award Musk an unparalleled US$1 trillion depending on performance

Tesla’s board has proposed a US$1 trillion compensation plan for CEO Elon Musk in what would be the largest corporate pay package in history, underscoring the hold Musk has over the carmaker as it attempts to transform into an AI and robotics powerhouse. The world’s richest person has consistently said he needs more of a stake in the company, even as a legal battle over his 2018 pay package – then valued at a mere US$56 billion – continues. The regulatory filing puts Musk on a different plane...

Events

43 h. ago Video: Xi Jinping Launches China’s Biggest Military Purge Since Mao

Video: Xi Jinping Launches China’s Biggest Military Purge Since Mao  Bloomberg.com

Events

3 d. ago China’s ‘Arctic Express’ shows its ambitions at the top of the world

Could a single shipping route shift both trade flows and geopolitical influence? China’s new “Arctic Express” to Europe leverages melting ice to bypass chokepoints and challenge Western dominance. In a significant step for Arctic commercial shipping, China’s Haijie Shipping Company will launch the first regular container service linking Asia and Northern Europe via the Northern Sea Route on September 20. The Istanbul Bridge, with a 4,890 20-foot equivalent unit (TEU) capacity and a low ice...

Politics

3 d. ago How China’s ‘Arctic Express’ poses challenge to Western dominance

Could a single shipping route shift both trade flows and geopolitical influence? China’s new “Arctic Express” to Europe leverages melting ice to bypass chokepoints and challenge Western dominance. In a significant step for Arctic commercial shipping, China’s Haijie Shipping Company will launch the first regular container service linking Asia and Northern Europe via the Northern Sea Route on September 20. The Istanbul Bridge, with a 4,890 20-foot equivalent unit (TEU) capacity and a low ice...

Politics

3 d. ago Chinese, Algerian presidents hail successful launch of communications satellite

President Xi Jinping and his Algerian counterpart Abdelaziz Bouteflika exchanged congratulatory messages on the successful launch of Alcomsat-1 in the Xichang Satellite Launch Center in China's southwestern province of Sichuan early Monday.

Politics

4 d. ago China’s Xi Jinping wants more Luban Workshops worldwide – but what are they?

At this year’s meeting of the Shanghai Cooperation Organisation (SCO), President Xi Jinping said China will launch 10 additional Luban Workshops in the organisation’s member countries over the next five years, providing training slots for 10,000 individuals. Named after the ancient architect and inventor Lu Ban, the project is somewhat low profile compared to others in Beijing’s infrastructure-heavy Belt and Road Initiative. But the vocational education programme has quietly expanded across...

Economics

5 d. ago Tesla reduces price of new Model 3 in China weeks after launch, amid sales slump

Tesla reduces price of new Model 3 in China weeks after launch, amid sales slump  Electrek

Economics

6 d. ago China launches tiny Mexican satellites in rare North American rocket contract

Mexico has become the second country in North America to send satellites into orbit using a Chinese rocket – more than half a decade after Canada blazed the trail. Two satellites from ThumbSat, a start-up based in Tijuana, just across the border from San Diego, were among a batch of seven launched into sun-synchronous orbit earlier this month by Beijing-based CAS Space on board its solid-fuel Kinetica-1 rocket. ThumbSat hailed the launch of its femtosatellites – each weighing less than 100 grams...

Events

6 d. ago SCO summit a chance for China to assert itself as stable world power for peace

As Chinese President Xi Jinping welcomes a host of world leaders for the Shanghai Cooperation Organisation (SCO) summit, he is delivering one overarching message – that China is a stable power that will protect peace and champion the developing world. Xi launched a flurry of Chinese diplomacy in the northern city of Tianjin on Saturday by meeting five state leaders and UN Secretary General Antonio Guterres ahead of Sunday’s start to the SCO’s two-day summit. He told Guterres that China was a...

Politics

6 d. ago At SCO summit, Xi Jinping frames China as a source of certainty

As Chinese President Xi Jinping welcomes a host of world leaders for the Shanghai Cooperation Organisation (SCO) summit, he is delivering one overarching message – that China is a stable power that will protect peace and champion the developing world. Xi launched a flurry of Chinese diplomacy in the northern city of Tianjin on Saturday by meeting five state leaders and UN Secretary General Antonio Guterres ahead of Sunday’s start to the SCO’s two-day summit. He told Guterres that China was a...

Politics

6 d. ago Xi urges SCO to bolster regional peace, frames China as a stable global power

President Xi Jinping on Sunday called for the Shanghai Cooperation Organisation (SCO) to play a bigger role in protecting regional peace and stability, as he held up China as a stable power that will champion the developing world. Hosting dozens of state leaders to a welcome banquet as part of the SCO summit in the northern city of Tianjin, Xi said that the grouping had become an “important force in promoting the building of a new type of international relations”. “At present, the world is...

Politics

8 d. ago Youlife Group, Beijing Galbot Launch JV to Expand Vocational Training in China

Youlife Group, Beijing Galbot Launch JV to Expand Vocational Training in China  MarketScreener

Politics

9 d. ago What does a mock US rocket launcher in mainland China say about a Taiwan conflict?

Mock-ups of Himars rocket launchers – which Taiwan has ordered from the US – have been spotted in a car park in mainland China, suggesting a PLA simulation of a cross-strait conflict. A video circulating on mainland Chinese social media this week showed three trucks resembling the US-made High Mobility Artillery Rocket Systems (Himars). The replica trucks appeared to be lighter than genuine Himars units and, according to the video, lacked rocket launchers. The footage showed the vehicles...

Events

1 week ago China launches world’s most powerful detector for ‘ghost particles’

China launched the Jiangmen Underground Neutrino Observatory (Juno), the world’s largest detector for elusive “ghost particles” called neutrinos, in Guangdong province on Tuesday. The massive facility has started collecting data for its mission to track the mysterious particles with no electrical charge, very little mass and moving at near-light speed. The Institute of High Energy Physics of the Chinese Academy of Sciences said Juno had successfully completed filling its 20,000-ton (18,000kg)...

Politics

1 week ago All Signs Point To China Launching New ‘Fujian’ Aircraft Carrier Soon

All Signs Point To China Launching New ‘Fujian’ Aircraft Carrier Soon  National Security Journal

Transport

1 week ago Musk’s Mars mission up in the air after SpaceX cancels Starship rocket launch

SpaceX cancelled a planned test flight for its Starship megarocket on Sunday, saying it needed time to troubleshoot problems, in the latest setback for Elon Musk’s behemoth after a series of explosive failures. The problems have led some observers to doubt whether the world’s biggest and most powerful launch vehicle will be capable of taking humans back to the moon – or achieving Musk’s dreams of colonising Mars. The rocket had been planned to blast-off from the company’s Starbase in southern...

Events

2 w. ago ‘Voice for our seas’: Filipino rappers take a stand on maritime rights

A rap contest tapping into patriotic fervour and youth culture has drawn hundreds of entries from Filipinos at home and abroad, with organisers saying the outpouring reflects growing creative resistance to Beijing’s assertiveness in the South China Sea. The competition, launched last week by the civilian-led coalition Atin Ito (This is Ours) and hip-hop collective Morobeats, coincided with the Philippines’ national language month and invited participants to deliver one-minute raps defending the...

Politics

2 w. ago As US retreats from clean energy race, Chinese firms push into emerging markets

As America retreats from clean energy investment around the world, with US President Donald Trump labelling wind and solar power “the scam of the century” on Wednesday, Chinese “cleantech” firms have been striding into emerging markets in Southeast and Central Asia and Latin America. Mabill Technologies, a Malaysian cleantech start-up developing a predictive AI algorithm that will connect energy efficiency analytics and sustainable cooling solutions, said Chinese investors had been showing...

Economics