4 h. ago China calls itself a responsible AI force, as most in US think otherwise

China has positioned itself as a responsible major collaborative force in AI development and governance, contrasting with a recently released survey finding that most Americans view US leadership in the field as crucial. Beijing arrived at its assessment this week as China hosted a workshop on AI capacity building, the third of its kind in two years. The week-long event in Shanghai attracted participants from more than 20 countries. Details of the discussions were not disclosed. “Artificial...

Politics

29 h. ago Major foreign banks raise China’s GDP forecast, annual target seen as ‘on track’

Several major banks forecast stronger economic growth for China this year, buoyed by third-quarter data showing slightly better-than-expected expansion despite domestic and external headwinds. Investment bank Goldman Sachs raised its full-year gross domestic product forecast for 2025 from 4.8 per cent to 4.9 per cent, noting that the government’s target of “around 5 per cent” remains “largely on track”. The bank also revised its estimate for 2026, up slightly from 4.2 per cent to 4.3 per cent,...

Events

29 h. ago Overseas banks raise China GDP forecasts, say Beijing ‘on track’ for 2025 target

Several major banks forecast stronger economic growth for China this year, buoyed by third-quarter data showing slightly better-than-expected expansion despite domestic and external headwinds. Investment bank Goldman Sachs raised its full-year gross domestic product forecast for 2025 from 4.8 per cent to 4.9 per cent, noting that the government’s target of “around 5 per cent” remains “largely on track”. The bank also revised its estimate for 2026, up slightly from 4.2 per cent to 4.3 per cent,...

Events

42 h. ago Major US steelmaker pivots to rare earth minerals as China tightens grip

Major US steelmaker pivots to rare earth minerals as China tightens grip  Fox Business

Politics

2 d. ago No major PLA activities near Taiwan after ‘troublemaker’ Lai’s policy speech

The People’s Liberation Army has refrained from conducting a large-scale drill near Taiwan following its leader’s annual policy speech – an address seen as less provocative than last year’s, which drew sabre-rattling from Beijing. Figures released by Taiwan’s defence ministry showed there was no increase in the number of PLA warplanes and warships detected near the island following William Lai Ching-te’s Double Tenth address on October 10. According to the Taiwanese figures, the PLA conducted...

Events

2 d. ago No major PLA activity near Taiwan after ‘troublemaker’ Lai’s policy speech

The People’s Liberation Army (PLA) has refrained from conducting a large-scale drill near Taiwan following its leader’s annual policy speech – an address seen as less provocative than last year’s, which drew sabre-rattling from Beijing. Figures released by Taiwan’s defence ministry showed there was no increase in the number of PLA warplanes and warships detected near the island following William Lai Ching-te’s Double Tenth address on October 10. According to the Taiwanese figures, the PLA...

Events

3 d. ago China’s state security authorities uncover case of major cyberattack from US NSA employing state

China’s state security authorities uncover case of major cyberattack from US NSA employing state-level cyber-espionage weapons targeting ‘Beijing Time’: MSS  Global Times

Events

6 d. ago Powering the future: how China plans to supercharge its EV revolution

China aims to double its electric vehicle (EV) charging capacity by the end of 2027, building 28 million facilities nationwide to tackle the uneven distribution of public networks and spur consumer spending in the auto sector. The expanded network will provide more than 300 million kilowatts of public charging capacity, enough to meet the needs of over 80 million EVs, according to a document released by the National Development and Reform Commission (NDRC). The action plan, unveiled on...

Politics

6 d. ago Indonesia to buy 42 fighter jets from China marking its first non

Indonesia to buy 42 fighter jets from China marking its first non-Western aircraft purchase deal  The Washington Post

Politics

8 d. ago Will China be a lower US defence priority? A new strategy report will soon tell

The Pentagon’s coming defence strategy report will contain major changes in the US’ plans to counter China’s military and economic strength, according to Chinese defence researchers. The new National Defence Strategy, a road map of defence priorities for each US president’s term, is expected to be released in the coming weeks. According to a Defence Department memo in May, the report will “prioritise defence of the US homeland, including America’s skies and borders, and deterring China in the...

Politics

9 d. ago Tencent’s hit title Delta Force prompts sharpened focus on shooting games

For more than a decade, Tencent Holdings developer Leo Yao toiled in relative anonymity, churning out one shooting game after another. Then he scored one of the biggest Chinese hits of 2024 with Delta Force, a video game that continues to attract 30 million players daily. Now, Tencent’s top brass have tasked the 43-year-old with helping orchestrate a major shift at China’s most valuable company. Executives see a change in tastes among domestic gamers – long deemed a smartphone-dominant audience...

Events

1 week ago Trump strikes back at China with a 100% tariff and critical software ban — major escalation retaliates for China's rare earth restrictions

Trump strikes back at China with a 100% tariff and critical software ban — major escalation retaliates for China's rare earth restrictions  Tom's Hardware

Events

1 week ago China’s ‘health silk road’ in Africa gets a boost with insulin, pharma projects

China is advancing its “health silk road” in Africa by initiating major offshore projects to manufacture essential medicines, such as insulin and antiretrovirals. Nigeria is set to produce Chinese-made insulin, while in the Ivory Coast further west, Chinese giant Shanghai Fosun Pharmaceutical is on track to complete the first part of its three-phase €50 million (US$58 million) facility by the end of the year. The facility near Abidjan, the country’s biggest city, will manufacture antimalarial...

Politics

1 week ago China’s new rare earth controls will hit global chip supply chain, analysts say

China’s latest export controls on rare earths are expected to have a direct impact on the global semiconductor supply chain, complicating the production of AI and memory chips from major US and South Korean suppliers, according to analysts. On Thursday, China’s Ministry of Commerce imposed a raft of new export controls on rare earth materials critical for the chip manufacturing process. It imposed restrictions on the export of technologies related to rare earth production, such as mining,...

Events

1 week ago China tightens checks on Nvidia AI chips at major ports, FT reports

China tightens checks on Nvidia AI chips at major ports, FT reports  Reuters

Politics

1 week ago China tightens checks on Nvidia AI chips at major ports, FT reports By Reuters

China tightens checks on Nvidia AI chips at major ports, FT reports By Reuters  Investing.com

Politics

1 week ago China blacklists major chip research firm TechInsights following report on Huawei

China blacklists major chip research firm TechInsights following report on Huawei  CNBC

Science

1 week ago China’s chip stocks test traders’ patience with soaring valuations

China’s chip stocks have staged a world-beating rally in the past few months on the nation’s self-sufficiency push, but some investors are beginning to balk at their lofty valuations. Cambricon Technologies, dubbed “China’s Nvidia” by retail investors, is trading at an earnings multiple nearly five times that of the more famous AI chip designer. Semiconductor Manufacturing International and Hua Hong Semiconductor are priced at premiums to major global foundries. Mirroring the US dynamic, China’s...

Politics

1 week ago China unveils ‘major upgrade’ to rare earth controls ahead of Xi

China on Thursday announced a raft of new export controls on rare earth materials and related technologies as it looks to cement its dominance in the sector amid intensifying rivalry with the United States. Restrictions covering the export of technologies related to rare earth mining, smelting and separation, magnetic material manufacturing, as well as the use and recycling of rare earth secondary resources will take effect immediately, according to a statement from the Ministry of...

Politics

1 week ago China rolls out flurry of export controls, ‘major upgrade’ to rare earth curbs

China has levied a raft of new export controls related to rare earth materials, expanding the scope of restrictions well beyond those previously imposed, as it looks to cement its near-monopoly status in the sector and fend off attempts by the United States to gain a foothold in the critical minerals supply chain. In a flurry of activity on Thursday, the country’s Ministry of Commerce made a series of announcements outlining new limits on several varieties of products deemed sensitive to...

Politics