Deep within the vast, otherworldly expanse of Argentina’s high desert, beneath layers of time and brine, a seemingly ordinary mineral conceals a remarkable power. This unassuming substance, often mistaken for table salt, is the key to powering electric vehicles, cell phones, and the burgeoning green energy revolution. They call it “white gold” – lithium. The […] Read more
SHANGHAI/SINGAPORE (Reuters) – China has opted to keep its benchmark lending rates unchanged at the monthly fixing, aligning with market expectations. This decision comes as a set of economic data suggests that the country’s economy is showing signs of stabilizing, and the pressure of a weaker yuan has restrained further monetary easing. The one-year loan […] Read more
Wrocław, Poland, October 16, 2023 – The ICPC European Training Camp powered by Huawei took place in Poland in October 2023. The ICPC Training Camp powered by Huawei is an international program initiated by the International Collegiate Programming Contest University Commons (ICPC Union). ICPC is a global programming competition among universities worldwide, and it increasingly […] Read more
China says products made by US memory chip giant Micron Technology are a national security risk. The nation’s cyberspace authority declared on Sunday that the nation’s top memory chip manufacturer presents “serious network security risks.” It implies that the company’s goods won’t be allowed in significant infrastructure projects in the second-largest economy in the world. […] Read more
Following reports that the EU has proposed sanctions against Chinese companies over alleged “military aid to Russia,” a spokesperson for the Ministry of Commerce (MOFCOM) said on Thursday that China implores the EU to cherish the general situation of China-EU mutual trust and cooperation, act responsibly, and not set a bad precedent. Sanctions have been […] Read more
The Russian Consulate in Cape Town said on Monday that the Admiral Gorshkov frigate, which is equipped with Zircon hypersonic missiles, had moored there ahead of joint military exercises with South Africa, Russia, and China. The battleship landed in the Mother City on its route to Durban, where it will participate in cooperative naval maneuvers […] Read more
Following news reports that the United States would increase pressure on telecommunications giant Huawei by denying access to any American suppliers, China’s leadership charged Washington on Tuesday with seeking “technology hegemony.” Bloomberg News, The Financial Times, and The Wall Street Journal all reported on the potential action, which would strengthen limitations put in place in […] Read more
A device used by the military for its missiles that was sent to China for repair has prompted calls for tighter security in Taiwan. A launch measuring optical instrument for Taiwan’s Hsiung-Feng III anti-ship missiles was sent to its European maker. Then, according to Taiwanese media, it was returned to Taiwan from the eastern Chinese […] Read more
China’s purchases of U.S. goods are still falling short of trade agreement levels, even as overall Chinese imports from the U.S. have surged. That’s according to analysis out Monday from the U.S.-based Peterson Institute for International Economics. In January 2020, before the coronavirus pandemic and under former U.S. President Donald Trump, China agreed to buy at […] Read more
China is cracking down on stocks that trade on U.S. exchanges. Here’s what it means if you hold them
China’s most powerful companies — including Didi, Alibaba and Tencent — are suddenly under immense scrutiny as country vows to crack down on domestic companies that list on U.S. exchanges. That move could upend a $2 trillion market loved by some of the biggest American investors. Beijing is stepping up its oversight on the flood of Chinese listings in […] Read more
