Tag Archives: Beijing

Opinion | The quiet US-China tech contest for the future

Opinion | The quiet US-China tech contest for the future

Power shifts begin in places most people never see – on assembly lines making batteries and robots, along transmission lines feeding data centre clusters, in local offices selling land and in labs training artificial intelligence models. The United States and China are using these quiet levers to construct different futures. The contest will be decided not by slogans but by …

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Brazil shrugs off US-China soybean deal as seasonal trade

Brazil shrugs off US-China soybean deal as seasonal trade

Brazil’s soybean producers are downplaying concerns over a freshly minted US-China trade agreement that will see Beijing resume large-scale purchases of American soybeans, insisting the 12 million tonnes (13.23 million tons) pledged represents routine seasonal trade rather than a market upheaval. Mauricio Buffon, president of Brazil’s Soybean Producers Association (Aprosoja), said the volume announced by Washington and Beijing on Wednesday …

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South Korea’s Lee urges ‘friendly competition’ with China ahead of Xi meeting

South Korea’s Lee urges ‘friendly competition’ with China ahead of Xi meeting

South Korean President Lee Jae-myung said Seoul aimed to work with Beijing to advance practical cooperation in trade, supply chains and people-to-people exchanges to improve ties based on “friendly competition” and “equal cooperation”. Lee made the remarks in an interview with China’s state-run Xinhua news agency published a day ahead of Chinese President Xi Jinping’s arrival in the South Korean …

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5 takeaways from the Xi-Trump summit in South Korea

5 takeaways from the Xi-Trump summit in South Korea

The high-stakes summit between Chinese President Xi Jinping and his US counterpart, Donald Trump, took place in Busan, South Korea, on Thursday and lasted 100 minutes. It marked their first in-person meeting since Trump returned to the White House for his second presidential term, having last met in 2019. 1. Personal warmth on display The two exchanged cordial greetings and …

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‘Unforgivable’: Chinese county still living in shadow of wild spending binge

‘Unforgivable’: Chinese county still living in shadow of wild spending binge

Few areas of China reflect the country’s decades-long economic transformation more vividly than its cities. Rapid development has turned villages into dense urban landscapes and already sizeable metro areas into some of the world’s largest population centres. As the rate of urbanisation slows and the country transitions into a new economic era, we explore how select Chinese cities are navigating …

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American lawmakers told US must learn from China to revive shipbuilding

American lawmakers told US must learn from China to revive shipbuilding

If the US hopes to rebuild a competitive shipbuilding industry and narrow China’s commanding lead, it should adopt some lessons from Beijing – emphasising long-term planning, steady government funding and policy consistency, witnesses told a US Senate hearing this week. China’s phenomenal rise in the global shipbuilding sector has caught the attention of Washington’s policymakers who are keen to restore …

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Most Chinese AI apps losing customers despite massive 700 million user base

Most Chinese AI apps losing customers despite massive 700 million user base

China’s artificial intelligence mobile apps have over 700 million users, but most services are losing customers as the sector continues to consolidate, according to a new report. The number of monthly active users (MAU) for AI mobile apps – which include AI-native apps as well as those with integrated AI features – reached 729 million in September, according to a …

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US senators call on Trump to show support for Jimmy Lai in meeting with Xi

US senators call on Trump to show support for Jimmy Lai in meeting with Xi

A bipartisan group of 38 US senators is urging President Donald Trump to use his expected summit with Chinese President Xi Jinping in South Korea next week to secure the release of former Hong Kong media mogul Jimmy Lai Chee-ying, the latest in the US Congress’s efforts to get human rights on the agenda of the high-stakes meeting. In a …

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How Chinese jeweller Laopu Gold has become a luxury phenomenon

How Chinese jeweller Laopu Gold has become a luxury phenomenon

At the newly opened Laopu Gold store in Hong Kong’s IFC Mall, it was quiet on a weekday afternoon. The barriers at the entrance, the spacious lounge and private rooms inside all exude the luxury image the brand aspires to project. A few days ago, long queues were seen before the shop’s opening, with some arriving hours earlier to secure …

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US won’t change Taiwan policy for China deal, Rubio says before Trump-Xi talks

US won’t change Taiwan policy for China deal, Rubio says before Trump-Xi talks

US Secretary of State Marco Rubio said the Trump administration will not abandon long-standing US support for Taiwan in negotiations with China to reach a trade agreement. “If what people are worried about is we’re going to get some trade deal where we’re going to get favourable treatment on trade in exchange for walking away from Taiwan – no one …

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