6 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

11 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

12 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

12 h. ago China breaks ground on 30 MW power plant in Inner Mongolia using a 100% hydrogen turbine

China breaks ground on 30 MW power plant in Inner Mongolia using a 100% hydrogen turbine  Energies Media

Politics

13 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

15 h. ago End of an era: Canon closes China printer plant as Japanese brand loses to local rivals

End of an era: Canon closes China printer plant as Japanese brand loses to local rivals  Yahoo Finance

Economics

24 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

25 h. ago End of an era: Japan’s Canon shuts China printer plant as local rivals rise

Japanese imaging technology giant Canon has shut down one of its major printer production facilities in mainland China, underscoring the growing clout of domestic brands in the country’s printing market. A visit on Thursday by the Post to Canon Zhongshan Business Machines, in Zhongshan city in the southern Guangdong province, revealed little activity. The car park was nearly empty, while a dozen employees strolled outside the office building. A worker said production had halted late last month,...

Politics

50 h. ago $60 Million Wyoming Rare Earth Plant To Challenge China Nears Full Operation

$60 Million Wyoming Rare Earth Plant To Challenge China Nears Full Operation  Cowboy State Daily

Economics

62 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

66 h. ago Tesla’s China plant sees shipment surge ahead of subsidy expiry

Tesla’s Shanghai Gigafactory reported a significant rebound in shipments last month as Chinese consumers took advantage of soon-expiring government incentives to snap up cars. The US carmaker’s Shanghai plant, its largest production facility globally, delivered a total of 86,700 Model 3 and Model Y electric vehicles (EVs) in November, a 41 per cent jump from October and a 10 per cent rise from a year earlier, according to data from the China Passenger Car Association (CPCA). The deliveries...

Politics

3 d. ago Yokohama bolsters position in China with opening of new tire plant

Yokohama bolsters position in China with opening of new tire plant  Rubber News

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 China moves to curb irrational competion in battery energy storage industry

China moves to curb irrational competion in battery energy storage industry  pv magazine International

Science

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

8 d. ago UBS upgrades China BESS installation forecast, industry to ride policy tailwinds

UBS upgrades China BESS installation forecast, industry to ride policy tailwinds  Energy-Storage.News

Events

9 d. ago Stellantis Deepens Europe’s Reliance on China With CATL Plant

Stellantis Deepens Europe’s Reliance on China With CATL Plant  Bloomberg.com

Politics