Three astronauts have been left stranded in orbit after their return capsule was struck by what is believed to be space debris. Astronauts Chen Dong, Chen Zhongrui, and Wang Jie have been aboard the Tiangong space station, dubbed China’s “Heavenly Palace”, for six months. Departing for space in April the astronauts were scheduled to return to Earth on November 5, …
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Southeast Asia still under pressure amid US-China trade truce: analysts
During a whirlwind visit last month to Kuala Lumpur, US President Donald Trump oversaw a peace accord between Thailand and Cambodia and secured trade and critical minerals agreements with those two countries as well as with Malaysia and Vietnam. At the same timw, US and Chinese negotiators met in the Malaysian capital, addressing trade disputes to pave the way for …
Read More »China’s WeRide drives for ‘ubiquitous’ robotaxis after Hong Kong listing
Chinese self-driving technology firm WeRide, fresh off raising HK$2.39 billion (US$307 million) in a Hong Kong share sale, plans to rev up commercialisation of autonomous taxis and expand into markets like the Middle East, Southeast Asia and Japan. Tony Han, founder and CEO of the Guangzhou-based company, said WeRide would deploy 10,000 robotaxis worldwide over the next few years, adding …
Read More »چین کا امریکی اشیا پر عائد کردہ اضافی ٹیرف ایک سال کے لیے معطل کرنے کا اعلان – World
چین نے رواں سال اپریل میں امریکی سامان پر عائد کیے گئے اضافی 24 فیصد ٹیرف (محصولات) ایک سال کے لیے معطل کرنے کا اعلان کرتے ہوئے کہا ہے کہ وہ 10 فیصد محصولات برقرار رکھے گا جو امریکی صدر ڈونلڈ ٹرمپ کے ’یومِ آزادی‘کے محصولات کے جواب میں عائد کیے گئے تھے۔ سرکاری خبر رساں ایجنسی ’اے پی پی’ …
Read More »China unveils power of thorium reactor for world’s largest cargo ship
But what makes this ship truly groundbreaking is that it will be powered by a thorium-based molten salt reactor (TMSR) with a thermal output of 200 megawatts – matching the power level of the S6W pressurised water reactor used in the US Navy’s most advanced Seawolf-class nuclear attack submarines. Unlike traditional nuclear reactors that rely on uranium and require massive …
Read More »As China holds the line in ‘trade war 2.0’, its yuan follows suit
When US President Donald Trump fired the opening salvoes of his country’s trade war with China in his first term, Beijing’s currency was on the front lines. By 2019, the yuan had tumbled past the benchmark value of seven per US dollar for the first time in over a decade, rattling investors and fuelling speculation that Beijing was allowing depreciation …
Read More »US imposes North Korea-related sanctions for money laundering
The US Treasury Department on Tuesday sanctioned eight individuals and two entities who it said were involved in a variety of North Korean cyber-related money-laundering schemes. The Treasury said the move was aimed at cutting off funding for North Korea’s weapons programmes. “By generating revenue for Pyongyang’s weapons development, these actors directly threaten US and global security,” John Hurley, Treasury’s …
Read More »The U.S. Role in a Multipolar World – and the Dangers of Isolationism
OPINION — “What should the U.S. role in the world be right now? We’re waiting for the [Trump administration] National Security Strategy to come out from the White House, which should come out in the next couple of months, which will be really interesting to see what they have to say. We are in the post-post-Cold War world. You know …
Read More »Bankers expect mainland China, Hong Kong to attract more capital inflows
Mainland China, Hong Kong, Japan and India are poised to attract capital inflows from international investors seeking to diversify their portfolios with non-US-dollar assets while pursuing growth opportunities in the coming years, according to top Wall Street bankers. “China is one of the largest [and] most important economies in the world,” said David Solomon, chairman and CEO of Goldman Sachs, …
Read More »Exclusive | University of Hong Kong ‘pursuing plan’ to open Saudi Arabia campus
The University of Hong Kong (HKU) is actively pursuing plans to open a campus in Saudi Arabia, the Post has learned. Sources disclosed the university’s expansion plans months after news reports revealed it had bought a property for the creation of a campus in Spain, marking a dual push into Europe and the Middle East. “The university sees an opportunity …
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