As foreign investment slows and the confrontation between the US and China over tech increases, the Chinese Minister of Industry and Information Technology, Jin Zhuanglong, invited Apple (AAPL, Financial) to increase its investment in innovation within China. When meeting Apple CEO Tim Cook recently, Jin stressed Apple’s position in China’s technology chain, encouraging the company…
Following a meeting with Jin Zhuanglong, Minister of Industry and Information Technology, Apple (AAPL, Financials) CEO Tim Cook promised further investment in China, according to a government WeChat statement. Cook underlined Apple’s intentions to increase its Chinese investment and stressed the company’s responsibility in helping the Chinese supply chain to grow. Particularly in areas like…
China’s first domestically built 300-megawatt heavy-duty gas turbine – used for generating electricity and powering warships – has passed an ignition test. It marks a key milestone for the Chinese technology, which was said to lag behind that of the West by about 30 years when the project began in 2016. The team’s rapid progress…