Page 13 - China

China's factory activity returns to expansion on AI-driven demand surge

The official manufacturing PMI rose to 50.3 in June, exceeding market expectations and signalling renewed growth in the sector

China emerges as a winner from Hormuz crisis, gains manufacturing edge

A report examines how the war in Iran has weighed on Asian economies, but left China in a more advantageous position

India, China among markets where top firms lose market cap share in AI lag

India, China and Hong Kong are the only major markets where the largest companies account for a smaller share of overall market capitalisation than a year ago

China Resurrected: The country's long-playing geopolitical conception

The book engages with the idea that economic clout drives China's position in the world today

China grounds private light aircraft after Beijing tower crash: Report

A nationwide order has reportedly suspended recreational light aircraft flights after a plane crashed into Beijing's tallest building, killing the pilot and injuring 13 people

China imposes export controls on 40 Japanese entities as tensions rise

20 Japanese firms have been placed on a control list, which prohibits Chinese and foreign exporters from selling to them dual-use items made in China

Small plane crashes into Beijing's tallest building; police seal off area

Police cordon off the area around CITIC Tower after a small aircraft reportedly crashes into the skyscraper, with authorities yet to issue an official statement

China backs Bangladesh's new government: Xi Jinping tells Tarique Rahman

Chinese President Xi Jinping on Friday met the visiting Bangladesh Prime Minister Tarique Rahman and offered Beijing's support for the new government in Dhaka. On the final day of his five-day visit, Rahman met Xi at the Great Hall of the People in Beijing. Xi told Rahman that China supports Bangladesh's new government in its smooth administration and stands ready to carry out high-quality Belt and Road cooperation with Dhaka. Xi said China is willing to map out key cooperation with Bangladesh and tap into the potential for collaboration in green and low-carbon development, digital economy, information technology, artificial intelligence and other fields, according to the state-run Xinhua news agency. Before meeting Xi, Rahman met Zhao Leji, Chairman of the Standing Committee of the National People's Congress of China and discussed issues related to bilateral ties. On Thursday, Rahman held talks with Chinese Premier Li Qiang, after which they signed 13 agreements. The two countri

How China built the world's fastest supercomputer

China is back on top of the supercomputer race. Its new system, LineShine, has overtaken the US' fastest supercomputer despite years of American chip restrictions.

Best of BS Opinion: RBI strategy, Greenspan's legacy, and Kolkata's renewal

Today's opinions explore India's forex reserve strategy, Alan Greenspan's complex legacy, West Bengal's urban renewal agenda, maize-led farm growth and China's coercive diplomacy

China's Wars: A useful guide to China's paradox of power and insecurity

Vijay Gokhale's China's Wars examines Beijing's use of military coercion and diplomacy, offering insights into China's strategic behaviour and its implications for India

WTO to set up dispute panel in China's case against India's trade measures

The World Trade Organization's dispute settlement body on Tuesday agreed to set up a panel in a case filed by China against India over its measures for the solar cells, modules, and IT goods, an official said. China has alleged that India's tariffs and incentive measures discriminate against Chinese solar energy and information technology products and violate WTO norms. India had earlier in May blocked China's request to set up a dispute panel under the aegis of the WTO in the case. However, China's second request was accepted by the dispute settlement body, a Geneva-based official said. The request was accepted during a meeting of the body on Tuesday in Geneva. The panel will now determine whether import duties and other measures applied by India on certain imported high-tech goods, as well as certain incentive measures for solar energy products, are consistent with India's WTO commitments. The request follows the failure of bilateral consultations on reaching a mutually-agreed .

Govt begins anti-dumping probe into imports of electrical steel from China

India has initiated an anti-dumping probe against imports of electrical steel, used in transformers, from China, Japan, Korea and Russia, a commerce ministry notification said. The investigation followed a complaint in this regard by JSW JFE Electrical steel Nashik Pvt Ltd to the Directorate General of Trade Remedies (DGTR). The applicant has alleged that the cheap imports of 'Cold Rolled Grain Oriented Electrical Steel and Amorphous Metal' is significantly harming the domestic industry. "On the basis of the duly substantiated written application submitted by the applicant and having reached satisfaction based on the prima facie evidence submitted by the applicant concerning dumping of the product...the authority hereby initiates an anti-dumping investigation," the DGTR's notification said. In the probe, the directorate would determine the existence, degree and effect of the alleged dumping of the chemical exported from China and Japan. If it is established that the dumping has ca

China's 'digital parents': How young Chinese are finding solace online

Digital parents are middle-aged content creators who speak directly to viewers as though they were their children, offering praise, comfort and everyday life advice

China opens domestic stock markets to qualified foreign firms for listing

China will support eligible foreign-invested enterprises seeking listings on domestic stock exchanges

China's tech drive puts it at the forefront of global innovation, AI race

China's strong focus on self-reliance comes as concerns about tech sovereignty spread globally

Trump team questions ASML over fears banned EUV chip machine reached China

ASML is scrambling to rebut US concerns that its advanced EUV chipmaking technology may have reached China despite export curbs

Chinese FM Wang Yi to attend BRICS NSA meeting in New Delhi next week

Chinese Foreign Minister Wang Yi will attend the meeting of the National Security Advisors of BRICS countries to be held in New Delhi on June 22-23, Beijing announced on Thursday. The BRICS National Security Advisors Meeting is a high-level platform that brings together the National Security Advisors (NSAs) of the 11 BRICS member-states to exchange views on key security challenges. Wang Yi will attend the meeting upon invitation, Chinese Foreign Ministry spokesperson Lin Jian told a media briefing in Beijing. Wang will exchange views with other BRICS member states on the current international security situation and major international and regional issues, Lin said. The Chinese foreign minister is also a member of the Political Bureau of the ruling Communist Party of China and Director of the Office of the Central Foreign Affairs Commission. The meeting will also discuss joint responses to traditional and non-traditional security challenges and make preparations for the BRICS summi

Taiwan says Chinese pressure on countries over it is 'new normal'

Attempts by China to exert pressure on other countries to limit Taiwan's access to international events has become "the new normal", the island's foreign minister has said. Lin Chia-Lung was speaking on Wednesday after Taiwanese delegates were detained in Kenya and denied access to an ocean conference, reportedly due to Chinese pressure on the organisers, according to Taiwan's Foreign Ministry. China regards Taiwan, a self-ruled democracy, as a breakaway province and has not renounced the use of force to annex it. In recent months, Beijing has ramped up a campaign of pressuring other countries to limit the access of Taiwanese officials or delegates to various events. In April, Taiwan's president postponed a planned visit to the African nation of Eswatini after three countries withdrew permission for him to fly over their territories after pressure from China, his office said. He arrived days later, on a plane chartered by Eswatini's king. In the latest incident, two Taiwanese ...

Microsoft builds strong AI presence in China by selling OpenAI models

Social media and AI giant ByteDance Ltd. has generally been Microsoft's biggest AI customer in recent years, largely using OpenAI models