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Tag: China

China denies link to cyberespionage group accused of targeting Singapore
Banking

Ex-Bank of China VP under investigation for violations

The former vice president of the Bank of China, Lin Jingzhen, has been reported to be under investigation for suspected severe violations of Party discipline and the law. This is according to an official statement released on Tuesday. Lin’s case is being investigated by the Communist Party of China Central Commission for Discipline Inspection and […]

China denies link to cyberespionage group accused of targeting Singapore
News

China imposes temporary anti-dumping duties on EU pork imports

China’s commerce ministry said Friday it would impose temporary duties on European Union pork imports, after an investigation found evidence of dumping. Beijing launched the probe last year during scrutiny by Brussels of Chinese state subsidies for the electric vehicle industry. “Investigating authorities have preliminarily determined that imports of relevant pork and pig by-products originating […]

Conferences

China president urges world leaders to reject ‘cold war mentality’

At least twenty world leaders and senior officials gathered in Tianjin on Monday for the opening of a two-day Shanghai Cooperation Organisation summit. Chinese President Xi Jinping urged members to reject “Cold War mentality” and “bullying behaviour” in international affairs. Leaders from the SCO’s 10 full members posed for a group photograph on a red […]

Conferences

World leaders gather in China for SCO summit

Chinese President Xi Jinping has begun welcoming world leaders in Tianjin, where the Shanghai Cooperation Organisation will hold its largest summit to date. Dignitaries already in the northern port city include United Nations Secretary-General Antonio Guterres and Egyptian Prime Minister Moustafa Madbouly, ahead of two days of meetings that bring together more than 20 heads […]

Samsung blames US AI chip sanctions for profit slump, shares dip
Business

US revokes Samsung, SK Hynix chip production licenses for China

The United States is making it more difficult for chipmakers Samsung and SK Hynix to produce chips in China by revoking authorizations that allowed the companies to receive American semiconductor manufacturing equipment there, according to the Federal Register. The U.S. Commerce Department had given the companies exemptions to sweeping restrictions created in 2022 on the […]

China’s rare earth magnet exports hit six-month high in July
News

China’s rare earth magnet exports hit six-month high in July

China’s exports of rare earth magnets surged to a six-month high in July, signaling a recovery in trade flows of the key minerals critical to electric vehicle production. Data from the General Administration of Customs released on Wednesday showed exports rose nearly 75% from June to 5,577 metric tons — the strongest monthly performance since […]

China hosts global humanoid robot games
News

China hosts global humanoid robot games

China on Friday opened the World Humanoid Robot Games, a three-day international competition aimed at highlighting the country’s progress in artificial intelligence and robotics. The event features 280 teams from 16 countries, including the United States, Germany, and Brazil, competing in both athletic and technical challenges. The robots will participate in sports such as football, […]

China’s rare earth magnet exports hit six-month high in July
News

China launches AI alliances to counter US chip curbs

China’s artificial intelligence sector is ramping up efforts to reduce its reliance on foreign technology, launching two major industry alliances during the World Artificial Intelligence Conference in Shanghai, which concluded on Monday. The first, named the Model-Chip Ecosystem Innovation Alliance, brings together developers of large language models and AI chipmakers, including Huawei, Biren, Moore Threads, […]

China proposes global AI body to challenge US dominance
News

China proposes global AI body to challenge US dominance

China has proposed the creation of an international organization to coordinate global cooperation and regulation on artificial intelligence, as it seeks to position itself as a counterbalance to the United States in the rapidly evolving tech sector. Speaking at the World Artificial Intelligence Conference in Shanghai on Saturday, Premier Li Qiang said China is ready […]

China denies link to cyberespionage group accused of targeting Singapore
News

China denies link to cyberespionage group accused of targeting Singapore

The Chinese embassy in Singapore has strongly denied allegations that a cyberespionage group accused of attacking the city-state’s critical infrastructure is linked to China, calling the claims “groundless smears and accusations.” In a Facebook statement published over the weekend, the embassy reiterated China’s official stance against cybercrime, stating: “China is firmly against and cracks down […]

Business

China hits EU with new medical device purchase ban

China’s finance ministry on Sunday announced new restrictions on government purchases of medical devices from the European Union worth over 45 million yuan ($6.3 million), in retaliation for recent EU trade actions. The decision follows growing trade friction, including EU tariffs on Chinese electric vehicles and China’s countermeasures targeting imported European brandy. Last month, the […]

Business

China urges caution amid rapid advances in assisted-driving tech

China has called on the auto industry to proceed with caution as assisted-driving technology advances rapidly. China’s automakers are outpacing global competitors in the rollout of assisted-driving tech, driven by consumer demand for rapid innovation. However, regulators are signaling a clear message: advance boldly — but responsibly, according to Reuters. Regulators are finalizing new safety […]

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