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

13 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

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 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’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 ‘Dramatic failure’: Tejas crash deals blow to India’s jet export ambitions

The crash of India’s Tejas fighter in front of global arms buyers at the Dubai Air Show is the latest blow to a key national trophy, leaving the jet reliant on Indian military orders to sustain its role as a showcase of home-built defence technology. The cause of Friday’s crash was not immediately known but it capped a week of jockeying for influence at the event, attended by India’s arch-rival Pakistan six months after the neighbouring foes faced off in the world’s largest air battle in...

Events

1 week ago Ireland business chamber welcomes Chinese investment despite US, EU pressures

Chinese investment is still being actively welcomed in Ireland, the head of a major business organisation said, even as the wider European Union adopts a more cautious attitude and Dublin walks a tightrope to maintain ties with both the US and China amid a wide-ranging rivalry between the world’s two largest economies. “We’re firmly open for business within the EU rules, that is an unambiguous position,” Mary Rose Burke, CEO of the Dublin Chamber of Commerce, told the Post in an interview last...

Economics

2 w. ago Lenovo downplays surge in memory chip prices, pushes AI agent for devices

Lenovo Group, the world’s largest personal computer maker, is betting that its own artificial intelligence agent will help grow its AI-powered consumer electronics business, even as the industry faces a global memory chip supply crunch. Chairman and CEO Yang Yuanqing on Thursday said the company would globally launch in January its “personal AI super agent”, which would leverage AI models to anticipate a user’s intentions via “portable devices and personal trusted computing hubs”. Beijing-based...

Politics

2 w. ago Nvidia revenue soars despite ‘disappointment’ in China market

US chipmaker Nvidia said it is “disappointed” about current restrictions locking it out of China’s artificial intelligence market, but the company reported record revenues for the third quarter despite shrinking sales in the world’s second-largest economy. Nvidia reported a 62 per cent surge in total revenue to a record US$57 billion, even as its sales in China, including Hong Kong, plunged 63 per cent to US$3 billion in the three months ended October 26, according to the company’s financial...

Politics

2 w. ago Lightning start: China’s Juno ‘ghost particle’ detector delivers record results

The world’s largest “ghost particle” detector, located in southern China’s Guangdong province, has shattered expectations in just two months. Initial results from the vast new Jiangmen Underground Neutrino Observatory (Juno) have shown a record level of precision, surpassing decades of cumulative data from other global experiments on neutrinos. The immediate success has confirmed that the detector is ready to tackle fundamental questions, potentially uncovering new laws of physics and solving...

Politics

2 w. ago Japan prepares to restart world’s biggest nuclear plant after years of caution

The Japanese governor overseeing the region that is home to the world’s largest nuclear power plant is set to give the approval this week for its restart, the Kyodo news agency reported on Wednesday. The approval will clear one of the remaining milestones in Tokyo Electric Power Company’s quest to bring the Kashiwazaki-Kariwa plant back online, more than a decade after the Fukushima nuclear disaster led to its shutdown. Niigata prefecture Governor Hideyo Hanazumi is set to announce his approval...

Events

2 w. ago Vulcan Elements announces plans to build world's largest magnet factory outside of China in Benson

Vulcan Elements announces plans to build world's largest magnet factory outside of China in Benson  WUNC

Politics

2 w. ago China is ‘World’s Largest Creditor, Lends Most to US, Rich Nations’

China is ‘World’s Largest Creditor, Lends Most to US, Rich Nations’  Asia Financial

Politics