Congress should establish, fund new quantum tech initiative to beat China: Panel

Congress should establish, fund new quantum tech initiative to beat China: Panel

WASHINGTON — Congress should set in motion a sweeping initiative to ensure that the United States can stay ahead of China’s rapid development of dual-use quantum technologies and artificial intelligence, urges the US-China Economic and Security Review Commission in its latest annual report. “Whoever leads in quantum (and artificial intelligence) will control the encryption of…

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U.S., Canada, Finland strengthen pact to build icebreaker ships

U.S. strengthens icebreaker shipbuilding pact

WASHINGTON — Building on an initiative that began during the Biden administration, the United States, Canada and Finland have strengthened their shared commitment to increase the building of icebreaker ships. Representatives of the three countries met in Washington on Tuesday to sign a joint statement of their intention to leverage one another’s expertise and counter Chinese…

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China United States Loans |

China United States Loans |

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China Buys Nearly 1 Million Tons of US Soybeans

China Buys Nearly 1 Million Tons of US Soybeans

Reuters’ Karl Plume reported that “China bought at least 14 cargoes of U.S. soybeans on Monday, two traders with knowledge of the deals said, its largest purchase since at least January and the most significant since a summit between President Donald Trump and President Xi Jinping in October.” “China is buying U.S. soybeans to meet…

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China’s Green-Tech Exports Defy Broader Trade Slump

China’s Green-Tech Exports Defy Broader Trade Slump

Exports of China’s so-called “new three” high-tech green products surged in October, defying a broader decline in the nation’s foreign trade weighed down by slumping shipments of traditional consumer goods. Exports of lithium-ion batteries, solar cells, and new-energy vehicles (NEVs) rose 32.4% from a year earlier to $16.7 billion, according to data released Tuesday by…

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