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BUSINESSJul 4More Chinese investment good for larger relationship, says India’s envoy to ChinaNoting that trade is expanding but lopsided, Ambassador Vikram Doraiswami pitches for more Indian exports to China, especially in areas such as pharmaceuticals where India is globally competitiveThe Hindu
BUSINESSJul 4Blaming China won’t bring jobs back to ‘post-industrial’ economiesAlmost anywhere you look these days, you can find claims from political, academic and other various sources that China’s supposed overproduction and exports of manufactured goods pose unfair advantages. These sources may also claim such unfair advantages justify protectionist countermeasures. But it is difficult to counter one’s own folly. For decades, the US, much of Europe and even Japan, long proud of its manufacturing skills, have prided themselves on becoming “post-industrial” and...South China Morning Post
POLITICSJul 4Will reluctance from local government undermine reforms to China’s hukou system?Starting in September, Wang Ming’s 12-year-old son will need to go to school in a city 120km (75 miles) from his home in Beijing. Originally from northeastern China, Wang and his wife have lived in Beijing for more than 20 years. But even though they work for a bank and insurance company they have never been able to obtain a hukou – the household registration document that serves as proof of residency and grants access to public services such as healthcare and education. The hukou system has...South China Morning Post
POLITICSJul 4Is ‘no Greenland seafood for China’ the US’ new security doctrine?An unmistakable pattern has emerged in the US’ strategy to contain China. Washington has sought to deny China access to frontier technologies and key commodities, and to redirect related supply chains to revitalise American industries. In this context, US President Donald Trump’s intense interest in America taking over Denmark’s Greenland becomes clear. Deny the Chinese their favourite seafood, which many can’t live without, and revive the US food industry. You think I am pulling your leg. This...South China Morning Post
DISASTERJul 4China delivery rider collapses after entering burning flat 3 times to extinguish flamesA courier in eastern China has been celebrated as a hero after bravely charging into a burning flat three times to extinguish the flames before collapsing from smoke inhalation. An Erpei, 21, from Hangzhou, had just returned to his rented flat after a late shift on June 25, when he heard a fire alarm while washing dishes. As he fled the building with his girlfriend and family, An noticed the blaze coming from an unoccupied flat on the third floor. Security guards and property staff were already...South China Morning Post
SCI & TECHJul 3China’s ByteDance discovers new scaling law that could sustain AI boomResearchers at TikTok parent ByteDance have discovered a new scaling law governing how fast artificial intelligence agents can improve by performing real-world tasks, a finding that could help prolong the AI boom just as traditional development methods hit a wall. In a research paper published on Thursday, ByteDance’s Seed AI team revealed that AI agents – autonomous software that executes tasks on a human’s behalf – can double their learning speed every three months by interacting with...South China Morning Post
SCI & TECHJul 3China advances in space race with record-breaking satellite engineScientists in China announced a notable achievement in the space sector with the successful test of a satellite engine, which set a new level for the useful life of this type of thruster. Such advancement is considered vital to improve the agility and reliability in the orbital placement of large spacecraft, covering communication satellites, military [...]mixvale · brazil
POLITICSJul 3The US has failed to understand ChinaChina is such a giant player in the global economy that understanding how the US-China contest of the century for international primacy will evolve has become crucial. Some Westerners, especially those in the United States, feel so threatened that they have resorted to protectionism, with global fragmentation and perhaps even preparations for a third world war already in the cards. Kishore Mahbubani’s book Has China Won? highlighted deep misunderstandings and structural tensions between China...South China Morning Post
BUSINESSJul 3New international land-sea corridor connects China's Xinjiang to AfricaThe intermodal route linking Xinjiang to Africa via the Fangchenggang Port in south China, was officially opened on Thursday.Africanews [en]
POLITICSJul 3Is China’s new ethnic unity law a step towards forced assimilation?The government says the law will help forge a shared national identity.Al Jazeera [en]
POLITICSJul 3‘Will never win genuine recognition’: China on India-Japan ‘free and open Indo-Pacific’ standChina has stated that the India-Japan 'free and open Indo-Pacific' stand will 'never win genuine recognition.' This indicates a clear difference in diplomatic positions between the nations regarding regional policy.Indian Express
POLITICSJul 3EU ‘tech sovereignty’: Uncoupling from the US and China?The EU is trying to assert its strategic independence in an unstable world – a world of bullies, as some members of the EU Parliament describe it. That means independence in matters of defence and energy supplies, but also in the whole field of tech. The European Commission says non-EU companies provide more than 80 percent of the EU’s digital products and services. One of the key proposals aimed at changing that is the “Tech Sovereignty Package”, which was presented in early June. With our guests, we dive into the initiative, explain the geopolitical context and ask what it would take for theFrance 24 [en]
BUSINESSJul 3EU will retaliate if China misses October trade deadline, von der Leyen says"We are basically prepared for everything, and we have all the instruments on the table," Ursula von der Leyen said, hinting at retaliation against China. The EU has imposed an October deadline to secure tangible results.EuroNews [en]
SCI & TECHJul 3China’s satellite engine smashes record, leaves US rival far behindChina has tested a satellite engine with a record-breaking operating life, a key technology that could help propel the world’s largest communications, military and deep-space spacecraft into their intended orbits faster and more reliably. The upgraded engine, developed by the China Academy of Aerospace Propulsion Technology in Xian, can produce 750 newtons of thrust, according to Chinese media reports. The Chinese engine fired for 11,617 seconds – 3.2 hours – across five orbit-raising manoeuvres...South China Morning Post
BUSINESSJul 3China’s Momenta IPO oversubscribed 414 times as Hong Kong listings pack calendarChinese autonomous-driving start-up Momenta drew massive subscription numbers for its HK$5.89 billion (US$751 million) initial public offering in Hong Kong, even as it competed against five other issuers launching their IPOs at the same time. The Suzhou-based company’s bookbuilding closed on Friday. Preliminary figures showed that it attracted nearly 210,000 subscription applications, with the public offering subscribed 414 times, according to people familiar with the matter. Sponsored by China...South China Morning Post
SCI & TECHJul 3AI skills required for 4 out of 10 graduate jobs in China, says recruitment portalChinese companies are seeking more fresh university graduates with backgrounds in artificial intelligence this year because widespread use of the technology is making their businesses more efficient, according to a recruitment portal based in Beijing. In the first five months of this year, nearly four out of every 10 job postings targeting fresh graduates were AI-related, compared with nearly three out of 10 in the same period last year, Maimai – a portal with 120 million users in mainland China...South China Morning Post
WORLDJul 3India-Japan ties should not target third party: ChinaIndia and Japan also expressed "serious concern" at the situation in the East China Sea and South China Sea, and opposed unilateral actions that endanger freedom of navigation as well as attempts to change the status quo by forceThe Hindu
POLITICSJul 3October deadline for China talks 'not realistic at all', chief trade MEP saysBernd Lange, head of the European Parliament's trade committee, told Euronews the EU should be pushing China hard on unfair industrial subsidies and other pressing issues.EuroNews [en]
MILITARYJul 3‘Machine warfare is coming’: US, China urged to address military AI as global rules stallThe head of a top UN security think tank has warned that the international community, along with industry, must pivot to pragmatic dialogue on artificial intelligence (AI) in warfare, as a major global regulatory convention remains unlikely in the short term. “Machine warfare is coming,” said Robin Geiss, director of the United Nations Institute for Disarmament Research (Unidir), during a lecture at Tsinghua University in Beijing on Tuesday. He warned that AI was reshaping military operations on...South China Morning Post
POLITICSJul 3India-Bangladesh ties ease with visa restart amid China concernsIndia’s decision to resume tourist visas for Bangladeshi nationals marks the clearest sign yet of a thaw in strained ties, but analysts say the real test will be whether trade links can be rebuilt while Dhaka courts Chinese investment near India’s sensitive eastern flank. India began accepting tourist visa applications from Bangladeshis on Sunday, nearly two years after services were suspended amid the fallout from violent protests that forced former Bangladesh prime minister Sheikh Hasina from...South China Morning Post
MILITARYJul 3Will China’s Fujian be first carrier to carry anti-torpedo system to beat Western subs?China’s Fujian is likely to be the world’s first aircraft carrier equipped with an anti-torpedo torpedo (ATT) system, representing a world-leading hard-kill capability, a Chinese military magazine has claimed. Commissioned in November, the Fujian is the PLA Navy’s third aircraft carrier and its first to be fully designed domestically. One of the warship’s distinguishing features is a six-tube 324mm (12.8-inch) lightweight torpedo launcher in place of the 12-tube depth charge launchers on the...South China Morning Post
BUSINESSJul 3China’s BYD surpasses Tesla to regain lead in global EV raceChina’s electric vehicle (EV) king BYD has leapfrogged once more over Tesla to become the world’s largest battery-powered car manufacturer, spurred by its surging overseas shipments, despite posting an 8.2 per cent year-on-year drop in deliveries. As BYD gained the upper hand in the race against the US carmaker, it is the latest signal that China’s prowess in EVs is increasingly recognised by consumers around the globe amid an energy crisis. Tesla said in a statement on Thursday that it had...South China Morning Post
BUSINESSJul 3China-EU trade, Xi touts ‘global influence’, Nato summitChina told the European Union that it is willing to increase purchases of EU goods to help pare a massive trade gap, potentially easing the risk of a trade war. Commerce Minister Wang Wentao suggested that China is open to purchase agreements covering European goods in trade talks this week with EU trade chief Maros Sefcovic, the South China Morning Post reported, citing unidentified people briefed on the discussions. Lower tariffs on EU imports were also discussed (see trade talks joint...South China Morning Post
BUSINESSJul 3Unitree IPO to test valuations as venture capital floods China roboticsUnitree Robotics has secured approval from China’s securities regulator for a Shanghai initial public offering that is poised to set a valuation benchmark for China’s sizzling embodied AI sector. The nod from the China Securities Regulatory Commission came about a month after the Hangzhou-based company cleared a review by the Shanghai Stock Exchange’s listing committee. Unitree is now finalising its underwriting plan, pricing and share subscriptions for a potential debut as early as late...South China Morning Post
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