China is signaling a strategic shift in its approach to the booming artificial intelligence sector, with top officials announcing plans to prevent what they call “disorderly competition” and wasteful investment. The move, announced by the country’s top economic planner, suggests that Beijing is prioritizing coordinated, efficient development even as it aims to make AI a…
Roger Wicker, head of the powerful Senate Armed Services Committee, says trip is focused on security ties with island. Published On 29 Aug 202529 Aug 2025 Two senior Republican senators known for their strong advocacy on Taiwan have arrived in the island’s capital, Taipei, to discuss security amid a rising military threat from China. US…
Finnish lift maker Kone plans to set up its southern China headquarters in Shenzhen, which will include a research and development centre and a logistics hub, to tap growing opportunities in the Greater Bay Area. The company on Friday signed an agreement with the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone of Shenzhen, marking…
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The sound of machine gun fire rattled around collapsed buildings as schoolchildren eagerly explored the ravaged streets of 1930s Nanjing, delighted to be visiting the set of a Chinese blockbuster about a historic massacre. Slickly produced and star-studded, “Dead to Rights” is set in Nanjing, then China’s capital, during six weeks of mass murder, rape…
US Senator Lindsey Graham has renewed criticism of India, China and Brazil for purchasing Russian oil, accusing them of funding Moscow’s war in Ukraine. His remarks followed deadly Russian missile strikes on Kyiv that killed at least 23 people, including children. Graham warned of consequences for buyers of discounted Russian crude, linking oil revenue to…
At a time when the United States is decoupling from China on cutting-edge chip technology, Nvidia has unveiled its list of suppliers for the advanced 800 VDC power architecture powering next-generation AI data centres. Among American and European giants was an unexpected name: Innoscience, a Chinese company specialising in gallium nitride (GaN) technology. Innoscience marks…
The Shanghai Composite rose 0.4% to around 3,860, while the Shenzhen Component gained 0.5% to 12,630 on Friday, extending the previous session’s advance amid broad market strength. Both benchmarks are on track for solid monthly gains as Chinese equities rallied on easing US-China trade tensions, expectations of new stimulus, and supportive factors such as stronger…
China spent $21 billion on military exercises in the Taiwan Strait, the East and South China Sea and the Western Pacific last year, nearly 40% higher than 2023, according to Taiwan government estimates based on its tracking of aircraft and ships and working out the cost of fuel and other expenses. Source link
By Yimou Lee and Ben Blanchard TAIPEI (Reuters) -China spent $21 billion on military exercises in the Taiwan Strait, the East and South China Sea and the Western Pacific last year, nearly 40% higher than 2023, according to Taiwan government estimates based on its tracking of aircraft and ships and working out the cost of…