Chinese arithmetic ≠ paid in full

Local manufacturers have little choice but to cut prices faster and deeper than the US electric-car maker

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At least 96 people died in Maui’s wildfires last week, and officials warned over the weekend that efforts to find and identify the dead were still in the early stages. The blaze that torched the town of Lahaina is already the deadliest U….

Taiwan's Vice President William Lai (C) as he departed Taoyuan International Airport, Taipei, on Saturday bound for New York, en route to Paraguay. File photo by Ritchie B. Tongo/EPA-EFE

Aug. 14 (UPI) — Beijing has rebuked Taiwanese Vice President William Lai as a "troublemaker" over his visit to the United States on his way to Paraguay and accused his administration of using the trip to "solicit" U.S.

China issues rebuke to U.S., Taiwan over vice president's New York 'stopover' comes via ChinaTechNews.com.

A sign is seen outside the 11 Wall St. entrance of the New York Stock Exchange (NYSE) in New York, U.S., March 1, 2021. REUTERS/Brendan McDermid/File Photo
Companies Micron Technology Inc Follow
A look at the day ahead in U.S. and global markets from M…

Chinese researchers have made what has been called a "huge breakthrough" in high-energy laser technology, reports the South China Morning Post (SCMP). Thanks to a new cooling system, Chinese lasers can now operate "infinitely" by removing built-up waste heat efficiently. This innovation could, the researchers believe, enable high-energy laser weapons to have a longer range and increased punch.

China makes 'huge breakthrough' in high-energy lasers comes via ChinaTechNews.com.

The Chinese Communist Party (CCP) has been persistently trying to influence the Indian entertainment industry, intelligence officials told CNN-News18. For instance, it organised the China-India Film Co-Production Dialogue at the Beijing International F…

Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, looks on outside the Manhattan federal court in New York City, U.S. March 30, 2023. REUTERS/David Dee Delgado/File Photo
NE…

Concerns over property sector mount after entities linked to Zhongzhi fail to make payouts

India’s ambitious push for self-sufficiency in mobile phone assembling is yielding results. India shipped 2 billion domestically assembled smartphones and feature phones between 2014 to 2022 as part of its Make in India initiative, according to a new research, as the world’s second largest handset market pushes to become self-reliant with its growing manufacturing infrastructure.

India's local manufacturing initiative spurs 2 billion mobile unit shipments comes via ChinaTechNews.com.

Mr Belz said it was the role of the market to price in the risk and reward of investing in a country like China, with the risks of sensitive technologies already well known.
“So I’m not sure what this [potential ban] really achieves on many levels on a…

NORTH KOREAN LEADER Kim Jong Un has ordered a drastic increase in production of missiles and other weapons, state media said, days before South Korea and the US begin annual military drills that North Korea views as an invasion rehearsal.
Kim’s push to…

The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File Photo
HONG KONG, Aug 14 (Reuters) – Chinese property giant Country Garden's (2007.HK) …

A Hong Kong court has overturned one of two convictions for seven top democracy activists, including media mogul Jimmy Lai, over an unauthorised protest in 2019. Photograph: Vincent Yu/AP
A Hong Kong court has overturned one of two convictions for seve…

A group of Uyghur friends are having a late-night chat. “I wish the Chinese would just conquer the world,” one says suddenly. “Why do you say that?” another asks, surprised. “The world doesn’t care what happens to us,” the first man replies.
Waiting to…

Beijing’s cynical enabling of Vladimir Putin’s invasion of Ukraine confirms why we can’t allow geographic distance to minimise our partnership with like-minded nations, wherever they sit on the map.
Germany remains the world’s fourth-largest economy (f…

Property group’s shares slide to record low after company missed international coupon payments last week

Outbound capital to China is the target of a White House executive order