Chinese carmakers have refrained from offering steep discounts to align with Beijing’s efforts to protect a vital industry, but an end to the prolonged price war remains elusive, as the sector grapples with overcapacity and weak consumer demand for high-ticket items. The average discount offered by mainland Chinese electric vehicle (EV) and petrol car manufacturers…
ROME (AP) — Stealth submarines fitted with space-shooting lasers, supply-chain sabotage and custom-built attack satellites armed with ion thrusters. Those are just some of the strategies Chinese scientists have been developing to counter what Beijing sees as a potent threat: Elon Musk’ s armada of Starlink communications satellites. Chinese government and military scientists, concerned about…
Hong Kong is set to welcome a new top US diplomat as early as the end of this summer, according to the country’s acting consul general in the city, who also indicated Washington’s keen interest in increasing engagement with the local administration. David Schlaefer also confirmed on Tuesday that there was only one candidate for…
Donald Trump’s recent spats with Elon Musk – which included threats to deport the South African-born billionaire – have prompted speculation that he might move his business empire to China. That prompted Trump to write on social media earlier this month: “Elon may get more subsidy than any human being in history, by far, and…
House Republicans have urged seven US universities to cut ties with a Chinese scholarship programme that lawmakers call a “nefarious mechanism” to steal technology for the Chinese government. In letters to Dartmouth College, the University of Notre Dame and five other universities, leaders of the House Select Committee on the Chinese Communist Party raised concerns…
The Chinese aircraft carrier Shandong has left many Hong Kong residents and visitors impressed with its contingent of fighter jets and overall military prowess, while tourism sector veterans have said they are looking at how to capitalise on “future warship visits”. China’s first domestically built aircraft carrier and other vessels in its strike group began…
BEIJING (AP) — The Chinese government is signaling enough is enough when it comes to the fierce competition in the country’s electric car market. China’s industrial policy has engineered a remarkable transformation to electric vehicles in what is the world’s largest auto market. In so doing, it has spawned far more makers than can possibly…
WASHINGTON (AP) — Two Chinese nationals have been charged with spying inside the United States on behalf of Beijing, including by taking photographs of a naval base, coordinating a cash dead-drop and by participating in efforts to recruit members of the military who they thought might be open to working for Chinese intelligence. The case,…
Neysun Mahboubi is a US expert on Chinese law and director of the Penn Project on the Future of US-China Relations at the University of Pennsylvania. He spoke to the Post shortly after leading a group of Penn students on a 10-day tour of Beijing, Shanghai and Hangzhou in May. The visit included wide-ranging discussions…
What are the origins of China’s leverage in the trade war? And why are China’s exports disrupting markets across the world? That China has a strong hand is largely because it has picked up lessons from Silicon Valley and deployed the tactics at every level of the supply chain. Just as Silicon Valley companies “hacked”…