A worker at Thinova Magnet Co., Ltd. puts rare earth magnets into a press at a factory in Zhejiang province. Emily Feng/NPR hide caption toggle caption Emily Feng/NPR A worker at Thinova Magnet Co., Ltd. puts rare earth magnets into a press at a factory in Zhejiang province. Emily Feng/NPR China posted 4.9% economic growth in its third quarter as compared to the same period last […]
Chinas
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The eastern Chinese city of Qingdao is set to test all of its residents for coronavirus shortly after several cases were tracked down to a local hospital dealing with people returning from abroad. Qingdao authorities have announced a citywide testing campaign that will embrace an estimated 9 million inhabitants and last for 5 days, it emerged on Monday. Images that surfaced online showed local residents waiting […]
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The Trump administration has been pushing the other three QUAD members — India, Japan, and Australia — to form voluntary groupings in Asia to counter what it sees as the growing power of China. Nevertheless, the US State Department admitted that other countries are not forward-leaning on countering the “threat” posed by China. During a Tuesday media briefing, US State Department officials brought up the recent clashes […]
https://cdn1.img.sputniknews.com/img/07e4/0a/06/1080683499_0:43:1280:763_1200x675_80_0_0_078939988551ab5b3a7fcf9cba2e987c.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Rishikesh Kumar. Sputnik International https://sputniknews.com/military/202010061080681404-japan-holds-naval-exercise-with-chinas-iron-brother-pakistan-amid-high-decibel-quad-meet—video/ The foreign ministers of the Quad – India, the US, Japan, and Australia – met in Tokyo on Tuesday in an attempt to lead a regional initiative called “Free and Open Indo-Pacific” aimed at countering China’s growing assertiveness in the region. On the day of the Quad members meeting in Tokyo, Pakistan Navy Ship (PNS) Zulfiquar participated […]
California-based software company Oracle earlier outpaced several other candidates to acquire the Chinese app TikTok’s US operations from ByteDance, with President Donald Trump “giving his blessing” to the deal, which would see the creation of a new company, TikTok Global. As China’s ByteDance Ltd. has been working with US regulators to lay to rest outstanding security concerns over its impending sale of a stake in music-video […]
The United States wants to impose restrictions on SMIC, China’s largest chip maker. The US Department of Commerce has banned companies from supplying SMIC with components and equipment without a special license. The department sent a letter about the new policy to the largest US suppliers. Earlier, similar restrictions were imposed on Huawei. A number of American media outlets have got hold of the Department of […]
Chinese electric carmaker Xpeng revealed it is working on a flying car model and showed off a prototype of the vehicle at the Beijing motor show – the biggest international event held for the industry since the pandemic began. During the show, which kicked off on Saturday, the Chinese rival to American EV maker Tesla said that it wants to invest in flying car technology. According […]
China’s sovereign debt is set to be added in another benchmark bond index, World Government Bond Index (WGBI), possibly bringing from $100 to $150 billion worth of foreign investment to the world’s second largest bond market. In a landmark decision announced on Thursday, British index provider FTSE Russell said Chinese government bonds will be added to the key index that includes mostly developed economies from October […]
A new report by an Australian research group has identified and mapped more than 380 suspected detention facilities in China’s western Xinjiang region. The Australian Strategic Policy Institute says in its report that these centers have been built and expanded even as Chinese officials claimed most of the people sent to the facilities had “returned to society.” The researchers say they believe their database and map […]
The 75th Group Army of the People’s Liberation Army has recently taken delivery a battalion set of light-weight Type 15 tanks. Last week, the spokesman of the Chinese Defense Ministry confirmed the inducted into 75th Group Army service of a new Type 15 light tank. The 75th is one of China’s ‘Southern Guardians’ with responsibility for protecting the southern coast, defense journalist Sam Cranny-Evans said on […]
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
https://cdn1.img.sputniknews.com/img/07e4/09/0b/1080433096_0:81:3208:1885_1200x675_80_0_0_cabcb9f084098ade79129503ce3a8e15.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/asia/202009211080530063-india-has-no-plans-to-lower-chinas-trade-status-despite-border-tensions-minister-says/ NEW DELHI (Sputnik) – The Indian government has no plans to remove China’s most favored nation trade status despite the recent deadly clashes on the border between the two countries, the Indian minister of trade and commerce, Piyush Goyal, said on Monday. The minister had earlier been asked by Manoj Kotak, a member of the Indian parliament, whether New […]
https://cdn1.img.sputniknews.com/img/106837/82/1068378266_0:156:3000:1844_1200x675_80_0_0_6b225cdfa80708003160e293e605bf42.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/us/202009181080496641-us-democratic-senators-unveil-350-billion-funding-package-to-counter-chinas-rise/ WASHINGTON (Sputnik) – Nearly a dozen US Senate Democrats have sponsored new legislation to fund efforts to counter China’s edge in areas such as manufacturing, technology, and science. A release from Senator Sherrod Brown’s office revealed that the proposal includes over $350 billion in new funding to synchronize and mobilize all aspects of US national power “Sponsored by 11 leading […]
“In China, the recovery is happening now and very fast,” said Travala.com CEO Juan Otero. Source link
China’s state-sanctioned blockchain infrastructure project is finally bringing public chains to its Chinese users – but with a significant twist. The Blockchain-Based Service Network (BSN), a standardized internet services provider for decentralized applications (dapp) developers, plans to make 24 public chains available in its network for Chinese users starting from the second half of November, according to an internal memo obtained by CoinDesk. Developers can use […]
A provider of an ecosystem for the “sharing and rental economy,” ShareRing will join China’s government-backed blockchain initiative. Source link
A termination of relations between China and the United States will be quite costly for both sides; it’s also likely that China will develop its own payment, debt, and other systems, which would be incompatible with the existing ones. This is what Robert Daly from the Wilson Centre’s Kissinger Institute said. According to Daly, in the most extreme scenario, China and the US will follow their […]
India is not yet capable of becoming China’s economic rival in Iran, according to various pundits and lawmakers. Moreover, the United States is limiting New Delhi’s political ties with Tehran, according to experts commenting on the Indian Defence and Foreign Ministers’ visits to Iran. On 8 September, Indian Foreign Minister Subrahmanyam Jaishankar held talks with Iranian counterpart Mohammad Javad Zarif, the second Indian minister to visit […]
https://cdn1.img.sputniknews.com/i/logo-itemprop.png Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/india/202009071080393532-chinas-western-theatre-command-claims-retaliation-after-indian-troops-use-bullets-on-patrol-team/ According to a People’s Liberation Army spokesperson, Chinese border defence troops were forced to take countermeasures following what he described as Indian army illegally crossing the line. Source link
Chinese exports rose for the third consecutive month in August, up by a solid 9.5 percent from a year earlier, customs data showed on Monday. That’s the strongest gain since March 2019. The figure is also better than analysts’ expectations of 7.1 percent growth. It eclipsed an extended fall in imports, which were down 2.1 percent in August, compared with a 1.4 percent fall in July. The strong […]
In late July, Chinese President Xi Jinping underscored the importance of the People’s Liberation Army Air Force (PLAAF) developing its drone warfare capacity to add to the PLAAF’s fleet of “advanced aircraft”. The Chinese People’s Liberation Army Air Force (PLAAF) remains “the largest aviation forces in the region” and the third biggest in the world, the Pentagon revealed in a recently released report on China’s military […]
https://cdn1.img.sputniknews.com/img/07e4/09/06/1080379699_0:104:3073:1832_1200x675_80_0_0_8e8b1bb1ed8943c0a8ad4f6b94516a1d.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/science/202009061080379754-chinas-reusable-experimental-spaceship-successfully-returns-to-earth—reports/ BEIJING (Sputnik) – The Chinese reusable experimental spaceship has successfully returned to Earth having spent two days in the orbit, Chinese news agency Xinhua reported on Sunday. The reusable spaceship was launched this past Friday on a Long March 2F carrier rocket from the Jiuquan Satellite Launch Centre in the Gobi Desert. While little has so far been known […]
China’s first reusable spacecraft was blasted into space on Friday morning from the Jiuquan Satellite Launch Center in the Gobi Desert. According to a government aerospace agency, the mission will prepare the Chinese space program for a new generation of manned space missions. The reusable spacecraft blasted off early Friday morning atop a Long March-2F carrier rocket, China’s Xinhua News Agency reported. The outlet noted, “After […]
Aggressive US policies targeting Huawei have forced the Chinese tech giant to redirect investment to Russia and expand operations in the country, Huawei founder Ren Zhengfei has revealed. “After the United States included us in the Entity List, we transferred our investment in the United States to Russia, increased Russian investment, expanded the Russian scientist team, and increased the salary of Russian scientists,” Ren said as […]
https://cdn1.img.sputniknews.com/img/106759/27/1067592722_0:128:3000:1815_1200x675_80_0_0_53602a5ffb625cbd2acda47df0c22e0c.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/asia/202008291080313531-five-people-killed-as-hotel-collapses-in-chinas-shanxi-province-reports-suggest/ MOSCOW (Sputnik) – At least five people have been killed and one more was wounded, as a hotel collapsed in China’s northern Shanxi province, China Central Television (CCTV) reported on Saturday, adding that over 700 people are participating in search and rescue operations. The two-story building located in the province’s Linfen urban district collapsed at about 9:40 a. m. […]
Wuhan, the city where the Covid-19 outbreak was first detected in China, is reopening schools and kindergartens next week. However, contingency plans are in place to switch back to online education should the coronavirus reemerge. When the autumn semester starts on Thursday, as many as 2,842 educational institutions across the Chinese city of 11 million people will open their doors to some 1.4 million students, local […]
https://cdn1.img.sputniknews.com/img/106837/82/1068378266_0:156:3000:1844_1200x675_80_0_0_6b225cdfa80708003160e293e605bf42.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/world/202008251080269299-chinas-commerce-ministry-says-dialogue-with-us-on-trade-deal-implementation-constructive/ BEIJING (Sputnik) – China considers the regular trade talks with the United States on the implementation of the Phase One trade deal to be constructive, the Chinese Ministry of Commerce said in a statement. United States Trade Representative Robert Lighthizer and Secretary of the Treasury Steven Mnuchin have held a phone call with Chinese Vice Premier Liu Hu to […]
Brazil continues to struggle against the COVID-19 pandemic, which has severely struck the country, with more than 3.5 million confirmed cases and over 112,000 COVID-related deaths. Brazilian academic Fabio Sobral has shed light on the internal fight between the federal and local governments as well as the unfolding “vaccine race” in the country. The country’s President Jair Bolsonaro has been repeatedly subjected to criticism for his […]
Diplomatic relations between the two have been recently complicated by the UK’s response to the Hong Kong protests – namely its offer of citizenship to those fleeing its former colony. Another woe was the Huawei dilemma, which first saw Britain allow the telecom titan limited access to its market and then decisively opted out. Not only the recent burning spats over Huawei and Beijing’s introduction of […]
A two-shot coronavirus vaccine will be available for public use by the end of 2020, its manufacturer Sinopharm has announced. The price tag for the sought-after cure won’t be too high, the pharmaceutical company assured. Sinopharm Chairman Liu Jingzhen has told the Guangming Daily newspaper that the firm’s Covid-19 vaccine has entered the third and final stage of clinical trials – during which the efficacy and […]
Lex Sokolin, a CoinDesk columnist, is Global Fintech co-head at ConsenSys, a Brooklyn, N.Y.-based blockchain software company. The following is adapted from his Fintech Blueprint newsletter. The news cycle is obsessed with a global technology competition between China and the United States. Whether we look at artificial intelligence, 5G, blockchain or the Internet of Things, these next generation platforms are supposed to be the battleground between the world’s […]
https://cdn1.img.sputniknews.com/img/07e4/08/05/1080078068_0:0:1366:768_1200x675_80_0_0_7a50cc442e6b253716941a590adb61ea.png Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/military/202008051080078114-video-chinas-type-075-helicopter-carrier-sets-sail-for-first-sea-trials/ China’s first amphibious assault ship, the Type 075 landing helicopter dock (LHD), has been put to sea for the first time on Wednesday. Photos and video on social media showed the warship being escorted away from the docks by the Hudong Zhonghua shipyard in Shanghai by tugboats on Wednesday morning, before steaming away under its own power. Judged to […]