3 h. ago Valvoline identifies growth opportunities in China's new five

Valvoline identifies growth opportunities in China's new five-year plan  China Daily

Politics

7 h. ago China’s VP has ‘constructive’ call with Trump officials Bessent and Greer

Beijing and Washington held a call on Friday to discuss bilateral trade and economic ties, as a variety of practical issues – from soybean orders to computer chips – remain problematic despite the trade truce in October. Chinese Vice-Premier He Lifeng’s video call with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer was part of a bilateral negotiation mechanism started this year to address issues between the world’s two largest economies. The two sides had...

Politics

12 h. ago As China defies US tech blockade, can local AI chipmakers capture Nvidia share?

With the technology race between the United States and China, the world’s two largest economies, intensifying even though a trade truce was reached in late October, analysts say the prospects of China achieving self-sufficiency in semiconductors and artificial intelligence (AI) are positive, despite American efforts to maintain leads in those fields. “If any country can do it [achieve self-sufficiency in semiconductors], it’s China, owing to its vast resources and pool of engineering talent,”...

Politics

13 h. ago Huawei’s founder makes subtle dig at lofty pursuits in AI by the US

The United States and China are pursuing artificial intelligence in “different directions”, and the divergence is being reflected in the strategies that the governments and companies are adopting, according to the founder of one of the world’s largest technology investors. The US is focusing on supercomputing power and large models in the lofty pursuit of artificial general intelligence (AGI) and artificial superintelligence (ASI), while China was adopting a more practical approach, using AI to...

Politics

14 h. ago BYD founder bets on new tech to win back customers as sales decelerate

BYD, China’s electric vehicle (EV) king, is pinning its hopes on next-generation technology to engineer a turnaround in sales amid fierce competition in the world’s largest automotive market, according to its founder and chairman Wang Chuanfu. Speaking at a shareholders’ meeting in Shenzhen on Friday, the billionaire said the company’s 12,000 engineers – the backbone of the carmaker – would help it regain a technological edge over rivals. “We have heavyweight new technology in the pipeline,” he...

Economics

25 h. ago World's largest automated container terminal starts operation in Shanghai

As part of the Shanghai Free Trade Zone, the system can operate completely unmanned.

Politics

33 h. ago USW Notes Progress, Opportunities in Comments on the China Phase One Agreement

USW Notes Progress, Opportunities in Comments on the China Phase One Agreement  U.S. Wheat Associates

Politics

63 h. ago China trains industry AI tool using ‘world’s largest’ port operation data set

China is training an artificial intelligence tool to support the country’s port industry using what the National Development and Reform Commission said was the “world’s largest” port operation data set. The AI application draws on data covering “the most comprehensive range of port business scenarios”, according to Li Chao, deputy director of the NDRC’s policy research office. “It will provide strong support for technological research and development as well as verification in areas such as port...

Politics

5 d. ago Trump’s world view offers Beijing a window of opportunity on Taiwan

Since Donald Trump’s return to the White House, a growing chorus of Chinese officials and analysts have talked of an unprecedented window of opportunity for Beijing to recalibrate its domestic and international strategies. At its heart lies the Taiwan question, a perennial flashpoint in relations between Washington and Beijing. As the Trump administration ramps up its “America first” policies abroad, the US – the self-appointed world’s policeman for seven decades – has embarked on an...

Politics

5 d. ago Opinion | Trump’s world view offers Beijing a window of opportunity on Taiwan

Opinion | Trump’s world view offers Beijing a window of opportunity on Taiwan  South China Morning Post

Politics

5 d. ago China’s factory activity contracts in November for 8th month in a row

China’s factory activity contracted for an eighth consecutive month in November, according to official data, as external headwinds and weak domestic demand continued to drag on the world’s second-largest economy. The manufacturing purchasing managers’ index (PMI) stood at 49.2 in November, up from 49 a month earlier, the National Bureau of Statistics said on Sunday. The reading was in line with a forecast of 49.2 based on economists polled by financial data provider Wind. The monthly index...

Politics

7 d. ago Airbus issues major A320 recall, threatening global flight disruption

Europe’s Airbus said on Friday it was ordering immediate repairs to 6,000 of its widely used A320 family of jets in a sweeping recall affecting more than half the global fleet, threatening upheaval during the busiest travel weekend of the year in the United States and disruption worldwide. The setback appears to be among the largest recalls affecting Airbus in its 55-year history and comes weeks after the A320 overtook the Boeing 737 as the most delivered model. At the time Airbus issued its...

Events

7 d. ago Trump spoke with Venezuela’s Maduro, discussed meeting in US, report says

US President Donald Trump spoke by phone last week with leftist Venezuelan leader Nicolas Maduro, with the two rivals discussing a possible meeting in the United States, The New York Times reported on Friday. The reported call comes as Trump’s administration piles pressure on Venezuela with a major military deployment in the Caribbean that includes the world’s largest aircraft carrier. Washington says the aim is curbing drug trafficking but Caracas insists regime change is the ultimate goal. The...

Politics

7 d. ago World’s largest compressed air energy storage plant in China gets turbine unit

World’s largest compressed air energy storage plant in China gets turbine unit  Interesting Engineering

Politics

7 d. ago Indonesian durian sellers smell big opportunity in China, world’s largest market

Indonesia is looking to take a bite out of the lucrative durian trade to China following stronger bilateral cooperation in the sector, according to the Indonesian Durian Plantation Association. Since Indonesia signed a frozen durian export protocol with China’s General Administration of Customs last May, eight local companies have passed the verification process, according to an Antara news agency report on Wednesday. This means that Indonesian producers can export directly to China, bypassing...

Politics

9 d. ago China waits in the wings for opportunity as Trump makes Ukraine peace push

While Beijing has remained largely offstage during US President Donald Trump’s latest push to end the war in Ukraine, China still sees significant stakes in how any peace deal could reshape its strategic environment – from the global balance of power to post-war reconstruction opportunities, according to observers. A Trump-brokered peace plan to end the nearly four-year war, first reported last week, remains fluid, but the proposed settlement has reportedly been reduced to 19 points after the...

Politics

9 d. ago China’s private defence firms; Beijing sets yuan fix: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. China’s private defence companies see opportunities amid growing conflicts Escalating global conflicts could create opportunities for China’s private defence companies as customers, both at home and abroad, seek affordable and reliable military equipment, according to industry insiders. 2. Why China’s space sector is grabbing attention – including from Elon...

Economics

9 d. ago China’s mega dredger joins ranks of the world’s largest after passing sea trials

China has boosted its strategic capacity from land reclamation to deep-sea mining and pipelines, with the successful completion of sea trials for Asia’s largest trailing suction hopper dredger (TSHD). The Tongjun – China’s first domestically designed super dredger – completed its five days of testing in the Yellow Sea off the northeastern Chinese coast on Tuesday, three months after its launch, according to state news agency Xinhua. With a hopper capacity of more than 38,000 cubic metres (1.3...

Politics

1 week ago China’s private defence companies see opportunities amid growing conflicts

Escalating global conflicts could create opportunities for China’s private defence companies as customers, both at home and abroad, seek affordable and reliable military equipment, according to industry insiders. “The international landscape is highly favourable for our private enterprises’ participation in the defence industry,” said Li Yi, a researcher with Beihang University’s Shenzhen Research Institute. Li made the comments on Monday at a military exhibition in the southern city of...

Events

1 week ago China $550+ Bn Electric Vehicle Market Trends, Regional Insights, Competition, Opportunities & Forecast, 2020

China $550+ Bn Electric Vehicle Market Trends, Regional Insights, Competition, Opportunities & Forecast, 2020-2024 & 2025-2030  Yahoo Finance

Economics