Wuhan University has become the latest institution to join China’s push for self-reliance in semiconductors by establishing the School of Integrated Circuits, led by a scientist educated at Stanford University. Liu Sheng, a member of the Chinese Academy of Sciences who earned a doctorate in mechanical engineering from Stanford in 1992, has been appointed as…
Chinese Foreign Minister Wang Yi said on Friday that Beijing and Washington should “find the right way to get along with each other in the new era.” According to a Chinese Foreign Ministry statement, Wang told US Secretary of State Marco Rubio that Beijing hopes the US would view China with an “objective, rational, pragmatic…
The Hong Kong Monetary Authority (HKMA) stepped into the foreign-exchange market on Friday for the fifth time in two weeks, scooping up the local currency and increasing overnight lending costs to drive away carry traders who have sought to take advantage of the city’s rate gap with the US dollar. The city’s de facto central…
US Secretary of State Marco Rubio said Thursday that he was working on a possible sit-down in coming days with China’s foreign minister, Wang Yi, on the sidelines of an Asean meeting in Malaysia amid a contentious trade dispute. If realised, the meeting on the periphery of the Association of Southeast Asian Nations conclave would…
China is set to showcase its artificial intelligence (AI) prowess, as well as its vision of how to manage the disruptive technology, at a conference in Shanghai as the country is stepping up its competition against the US for AI supremacy. The annual three-day World Artificial Intelligence Conference (WAIC), which starts on July 26, would…
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A US Navy nuclear-powered attack submarine stopped in Iceland for the first time on Wednesday. A top admiral told Business Insider that the unprecedented port call sent a message to American foes. The first-of-its-kind visit to the Nordic island nation by the Los Angeles-class attack submarine USS Newport News comes as the US and NATO…
US President Donald Trump’s latest tax and spending act might “cause some trouble” for China, according to analysts. However, they also said Beijing may be able to benefit in certain areas if the act – known officially as the One Big Beautiful Bill – generates further political instability and damages domestic industries such as the…
A large wingship has been spotted in China’s Bohai Sea, revealing Beijing’s progress in developing its own version of the maritime cargo lifter while Washington races to revive this Soviet-era technology. Two pictures purporting to show the mysterious Chinese wing-in-ground-effect (WIG) craft – dubbed the “Bohai Monster” by some observers – emerged on social media…
‘We urge US to immediately stop politicizing trade and investment issues,’ says Foreign Ministry China said on Wednesday that it seeks an end to US “politicizing trade” after Washington announced a ban on farmland sales to Chinese buyers and other nationals from adversary nations. “We urge the US to immediately stop politicizing trade and investment…