ASML Holding, the world’s top supplier of advanced chipmaking equipment caught in the US-China tech rivalry, will build a “reuse and repair” centre in Beijing this year, showing its commitment to the world’s second-largest economy despite pressure from Washington. The Dutch firm, which has been unable to sell its extreme ultraviolet lithography systems to its…
As China’s political elite gather for the country’s annual legislative sessions this week, we examine the broader forces likely to influence policies and decision-making for the coming year. The third part of the series delves into how much more investible the nation has become in a short span. As top lawmakers gather in Beijing to…
SINCE THE early months of the war in Ukraine three long years ago, the front line on the battlefield has hardly moved. But in the Oval Office on February 28th, as Donald Trump and J.D. Vance attacked Volodymyr Zelensky, Ukraine’s defences crumbled in a few devastating minutes. Source link
Hong Kong’s finance chief has unveiled a belt-tightening budget seeking to tap new sources of revenue and ease a HK$87.2 billion (US$11.2 billion) deficit, starting with a pay freeze for all public servants, a downsizing of the civil service by 10,000 positions and a cut in education spending. Citing the benefits of the “one country,…
PUTRAJAYA, Feb 23 — China’s president Ji Xinping and African leaders are coming to Malaysia in a few more months, Prime Minister Datuk Seri Anwar Ibrahim said today. He said it is imperative for the government to keep building up Malaysia’s diplomatic and economic engagements so as to ensure the country remains competitive in trade,…
After years of debate and technical reviews, China has given the green light to a deep-sea research facility that could redefine marine exploration, while amplifying Beijing’s geopolitical leverage in one of the world’s most resource-rich areas. The “cold seep” ecosystem research facility will be anchored 2,000 metres (6,560 feet) below the surface of the strategically…
Hong Kong’s commerce minister has said the government is considering launching a dispute with the World Trade Organization (WTO) over America’s “unreasonable” tariffs on the city’s goods, but has dismissed concerns about the policy’s impact. Secretary for Commerce and Economic Development Algernon Yau Ying-wah said on Thursday that the Hong Kong government strongly disapproved of…
BEIJING/NEW YORK – China will file a lawsuit with the World Trade Organization and take necessary countermeasures to safeguard its own rights and interests, the Ministry of Commerce said on Sunday after the United States announced it would impose a 10 percent additional tariff on goods from China. The Ministry of Commerce said this move…
International travellers are eyeing India’s relationship with China as Foreign Secretary Vikram Misri begins his Beijing visit today. The expectation of a relationship with China is giving rise to the hope for normalisation of air connectivity between the two countries, reported the news portal Indian Express on Sunday, January 26. According to the report, India…
December 16, 2024 BEIJING – The United States and China have renewed their long-standing science and technology agreement, marking a cautious continuation of collaboration amid heightened tensions. The revised US-China Science and Technology Cooperation Agreement, announced on Friday, is set to last five years and aims to balance national security concerns with the need for…