Descrease article font size Increase article font size A former U.N. official from Canada who now works as a North Korea specialist has been detained in Switzerland on charges of spying, likely for China, media reports said on Thursday, citing unnamed intelligence sources. The reports were part of a joint investigation by the German news … Read more
China’s 7 million ride-hailing drivers are facing the threat of job loss from artificial intelligence as robotaxis begin to proliferate. Self-driving technology, still experimental, is being aggressively greenlit in China compared to the US, where approvals are often suspended after accidents. At least 19 Chinese cities are testing robotaxis and robobuses, with seven cities approving … Read more
Jaque Silva | SOPA Images | Lightrocket | Getty Images Apple could charge its users up to $20 for its advanced artificial intelligence features, analysts told CNBC, as the company looks to boost the growth of its lucrative services business. The Cupertino giant plans to rollout Apple Intelligence, its forthcoming AI system, across some of … Read more
A dog getting groomed during a pet show in Shanghai on August 17, 2023. Str | Afp | Getty Images China’s pet population will be close to double that of its young children by 2030 as young Chinese remain unwilling to start new families, Goldman Sachs said in a recent note. The country’s urban pet … Read more
Pictured here is a McDonald’s store in Yichang, Hubei province, China, on July 30, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — A theme emerging in the latest slew of U.S. companies’ earnings reports is a drag from the China market. The Chinese economy — home to more than four times the population of … Read more
The Chang’e 6 lunar probe and the Long March-5 Y8 carrier rocket combination sit atop the launch pad at the Wenchang Space Launch Site in Hainan province, China May 3, 2024. Eduardo Baptista | Reuters China on Tuesday launched its first batch of internet satellites that will form part of a constellation it hopes will … Read more
Taiwan President Lai Ching-te claps while he visits a military camp in Taoyuan, Taiwan May 23, 2024. Ann Wang | Reuters Taiwan is under growing pressure to build up its defense capabilities and deterrence against China in the face of uncertainty surrounding the U.S. elections slated for November, according to security and policy analysts. Taiwan’s … Read more
Descrease article font size Increase article font size China has lodged complaints with Canada through military and diplomatic channels after a Canadian warship sailed through the Taiwan Strait, the Chinese defence ministry said on Friday. The act “caused disturbance and stirred up trouble,” the ministry said in a statement. “We warn Canada that it should … Read more
Italian electric motor component maker EuroGroup Laminations is buying a 40% stake in India’s Kumar Precision Stampings, the company said shortly after announcing a preliminary agreement for a strategic electric vehicle sector alliance in China. Milan-based EuroGroup Laminations (EGLA) – which specialises in stators and rotors, two key components of electric motors and generators – … Read more
A general view shows the skyline over the Central Business District in Beijing on February 28, 2023. Jade Gao | Afp | Getty Images BEIJING — China is not planning additional stimulus for the second half of the year, according to officials from the economic planning agency and finance ministry. The world’s second-largest economy grew … Read more
