8 h. ago Legislators Embrace Technology Recycling to Compete With China

Legislators Embrace Technology Recycling to Compete With China  The Wall Street Journal

Sport

16 h. ago Meituan executive bemoans ‘irrational’ price war with Alibaba, JD.com

A Meituan executive said the company had no choice but to join the latest round of what he called “irrational competition” against rivals JD.com and Alibaba Group Holding in China’s instant delivery sector, even though the blizzard of discounts being offered to woo buyers had become disconnected from business fundamentals. “We didn’t want to take part in [the price war], as we don’t think it makes sense,” Wang Puzhong, head of Beijing-based Meituan’s core local commerce business, said in an...

Events

32 h. ago US firms consider China market critical despite fraying relations, other issues, survey says

A new survey of American companies operating in China indicated that most of them consider the country’s market critical despite fraying bilateral relations, tariffs, economic weakness and lost market share. Nearly all respondents participating in an annual US-China Business Council survey said they cannot remain globally competitive without their business in the world’s second-largest economy, according to a report about the survey published by the advocacy group on Wednesday. This is despite...

Economics

32 h. ago US firms say China market vital despite fraying relations, other issues: survey

A new survey of American companies operating in China has indicated that most of them consider the country’s market critical despite fraying bilateral relations, tariffs, economic weakness and lost market share. Nearly all respondents participating in an annual US-China Business Council survey said they cannot remain globally competitive without their business in the world’s second-largest economy, according to a report about the survey published by the advocacy group on Wednesday. This is...

Economics

38 h. ago China vows to regulate 'irrational' competition in EV industry

China vows to regulate 'irrational' competition in EV industry  Reuters

Politics

38 h. ago China Pledges to Address ‘Irrational Competition’ in EV Sector

China Pledges to Address ‘Irrational Competition’ in EV Sector  Bloomberg

Politics

3 d. ago Senate Democrats say Trump’s policies are hurting America’s ability to compete with China

Senate Democrats say Trump’s policies are hurting America’s ability to compete with China  AP News

Politics

3 d. ago EU climate VP seeks 'fair competition' with China on green energy

EU climate VP seeks 'fair competition' with China on green energy  France 24

Society

3 d. ago The View | Why China’s domestic hotels have an edge over Western competitors

The View | Why China’s domestic hotels have an edge over Western competitors  South China Morning Post

Politics

3 d. ago Why China’s fight against cutthroat competition is different this time

China's top leaders have raised concerns about excessive competition in the domestic market in recent weeks, signalling a shift in policy priorities. In a meeting chaired by President Xi Jinping on July 1, the Central Finance and Economic Affairs Commission said Beijing needs to “focus on key and difficult issues, regulate enterprises’ disorderly and low-price competition” and “guide enterprises to improve product quality and promote the orderly exit of outdated production capacity”. The...

Sport

5 d. ago Why ‘uneasy alliance’ between tech titans and Maga may backfire in China rivalry

The “uneasy alliance” between America’s tech elite and Donald Trump’s populist right base could undermine the country’s competitiveness against China in the long run by cutting off talent and global markets, according to analysts. They also pointed to growing ties between the tech sector and the defence industry – including a new initiative enlisting senior tech executives to the Army Reserve – saying the “tech hawks” could step up threats against China. The political influence of tech leaders...

Events

7 d. ago China’s Polysilicon Prices Surge on Hope About Competition Curbs

China’s Polysilicon Prices Surge on Hope About Competition Curbs  Bloomberg.com

Politics

8 d. ago China's market regulator holds symposium on fair competition

China's market regulator holds symposium on fair competition  Reuters

Politics

9 d. ago Meta’s AI lab scoops up two more Chinese experts from Apple, OpenAI

Facebook parent Meta Platforms is adding another Chinese artificial intelligence (AI) expert to its newly established research facility, underscoring how researchers from China are increasingly sought after in the competitive global race for top tech talent. The social media giant has recruited Pang Ruoming, who held the title of distinguished software engineer at Apple and was leading its foundation models team, according to a Bloomberg News report on Tuesday that was confirmed by Meta. Neither...

Politics

9 d. ago How China, Japan and South Korea can be titans of tech innovation

Just ahead of the July 9 deadline to reach an agreement on tariffs, US President Donald Trump announced his decision on the tariffs levels for 14 countries – including a rate of 25 per cent on Japan and South Korea – effective August 1. Trump accused Japan of not buying enough rice and cars from the US. It’s worth noting that the American car industry is simply not competitive in Japan. Germany, Japan and China are the top three auto exporters. Those countries, along with South Korea, have...

Politics

9 d. ago Why East Asian integration could be the solution to US tariff threats

Just ahead of the July 9 deadline to reach an agreement on tariffs, US President Donald Trump announced his decision on the tariffs levels for 14 countries – including a rate of 25 per cent on Japan and South Korea – effective August 1. Trump accused Japan of not buying enough rice and cars from the US. It’s worth noting that the American car industry is simply not competitive in Japan. Germany, Japan and China are the top three auto exporters. Those countries, along with South Korea, have...

Events

2 w. ago Will China’s latest vow to tackle solar panel oversupply have desired impact?

China has vowed to reduce excessive competition and oversupply in its solar photovoltaic (PV) industry, which is continuing to explore global markets. Industry and Information Technology Minister Li Lecheng told 14 representatives from solar PV manufacturers and industry associations on Thursday that the “industry must be governed in accordance with laws and regulations, and disorderly low-price competition should be comprehensively addressed”, the ministry said in a statement released after...

Politics

2 w. ago Opinion | To compete, Asia must learn from how China breeds apex predators

Opinion | To compete, Asia must learn from how China breeds apex predators  South China Morning Post

Politics

2 w. ago Gordon Chang warns China is 'making very fast gains' in 'real competition' over AI

Gordon Chang warns China is 'making very fast gains' in 'real competition' over AI  Fox Business

Events

2 w. ago Alibaba’s US$7 billion subsidy deepens China’s instant shopping battle

Alibaba Group Holding’s instant commerce service announced on Wednesday a substantial subsidy programme totalling 50 billion yuan (US$7 billion) over the next 12 months for both consumers and merchants, intensifying the fierce competition in China’s on-demand delivery sector, where JD.com and Meituan are also major players. Consumers using Taobao’s in-app Shangou service, the instant commerce business of Alibaba, will enjoy significant incentives, including cash vouchers, free purchase coupons,...

Economics