Page 18 - China

Chinese researchers close in on US as leader in global science: Study

The study found Chinese-based scientists led 45% of US-China joint research in 2023, up from 30% in 2010, highlighting Beijing's growing influence in shaping global scientific collaboration

China, Asean sign upgraded free trade pact to counter US protectionism

China signed an expanded version of a free trade agreement with the Association of Southeast Asian Nations as both face increased protectionism from the United States, and Chinese Premier Li Qiang emphasised his country's close ties with the region. Unity is strength, Li Qiang told an ASEAN-China summit meeting after the signing, stressing that closer cooperation could help overcome global economic uncertainties. The signing of the ASEAN-China Free Trade Area 3.0 came on the final day of the annual ASEAN summit and related meetings and was witnessed by Li Qiang and Malaysian Prime Minister Anwar Ibrahim, who is serving as ASEAN chair this year. It's the third revision of the long-standing agreement, which was first signed in 2002 and came into force in 2010. The free trade area covers a combined market of more than 2 billion people and lowers tariffs on goods and boosting flows of services and investment. Two-way trade has surged from USD 235.5 billion in 2010 to nearly USD 1 trill

China's ageing society is creating a new workforce: The hospital companion

China's ageing crisis and overburdened hospitals have given rise to a new service industry of paid companions who assist elderly patients through daunting medical routines

China added almost one billionaire a day in 2024, says Hurun list

A record 1,434 individuals in China now have wealth above 5 billion yuan ($702 million), marking a 31 per cent jump from last year, according to the latest Hurun China Rich List

China offers assistance after US Navy aircraft crash in South China Sea

According to the US Navy's Pacific Fleet, the incidents took place on Sunday during separate routine operations over the disputed waters

Toyota Motor posts record first-half as US offsets Japan and China

The world's biggest carmaker has managed to achieve overall growth, despite volatility in China and trade tensions brought about by President Trump's tariffs on cars and parts imported to the US

China fills US void at Asean Summit with push for trade multilateralism

"We must fully safeguard the hard-earned peace and stability in East Asia," Li said at a meeting of ASEAN, Japan, China and South Korea

Donald Trump gets royal welcome in Japan, China trade truce hopes rise

Negotiators from the world's top two economies hashed out a framework on Sunday for a deal to pause steeper American tariffs and Chinese rare earths export controls, U.S. officials said

China stocks close at 10-year high on Trump-Xi trade talk optimism

The benchmark Shanghai Composite Index ended 1.2% higher, slightly shy of the psychologically significant 4,000 mark, while the blue-chip CSI300 Index was up 1.2%

Australia's Albanese, China's Li hold talks on minerals deal, jet incident

Australian Prime Minister Anthony Albanese said he discussed Australia's critical-minerals deal with the United States and the hostile maneuvers of a Chinese warplane during a positive meeting on Monday with Chinese Premier Li Qiang. Albanese and China's second-most senior leader held a bilateral meeting in Kuala Lumpur, Malaysia, on the sidelines of the Association of Southeast Asian Nations' summit. Once again, it was a positive meeting, Albanese told reporters of his seventh meeting with Li. This is a relationship that has improved; that is stabilising, Albanese added. China has removed a series of official and unofficial trade barriers since Albanese's center-left government was first elected in 2022. The barriers imposed in 2020 when Beijing banned minister-to-minister bilateral contacts had cost Australian exporters up to USD 13 billion a year. Albanese said he and Li had discussed the Australian leader's visit to the US last week during which he and US President Donald Trum

China's C919 jet faces turbulent skies amid rising US-China trade tensions

China's ambition to challenge Boeing and Airbus with its own homegrown passenger jet is running into turbulence, with deliveries of finished aircraft likely to fall far short of its target announced for this year. The C919 jet -- a single-aisle passenger plane aiming to rival Boeing's 737 and Airbus' A320 is made by state-owned aircraft manufacturer COMAC. Beijing is showcasing it as evidence of China's technological advancement and progress in self-reliance, though it uses many Western sourced components. Trade friction with Washington threatens to prevent COMAC from securing core parts for the programme that has been supported by huge Chinese government subsidies. COMAC faces significant risk from the volatile policy environment, with its supply chains vulnerable to export restrictions and tit-for-tat measures between the US and China, said Max J. Zenglein, Asia-Pacific senior economist at The Conference Board think tank. The C919 has 48 major suppliers from the US -- including

China's industrial profits rise for second consecutive month in September

A 21.6 per cent increase in industrial profits last month, the fastest pace since November 2023, followed a 20.4 per cent jump in August, data from the National Bureau of Statistics showed

China asks US to protect 'hard-won' results ahead of Trump-Xi meeting

Xi and Trump are expected to sign off on the terms this week in South Korea when they sit down in person for the first time since the US president returned to power

China's new 'brain-like' AI server to consume 90% less power than others

The announcement comes amid growing concerns over the massive energy demand driven by the rapid adoption of artificial intelligence across industries

China's solar self-discipline drives turnaround for top silicon producers

The recovery followed a 50% jump in polysilicon prices since July, after the government warned against cutthroat competition seen across sectors, including solar manufacturing

India's rare earth plan faces fresh hurdles as China tightens exports

India's ₹7,300 crore plan to strengthen rare earth magnet production may face delays as China restricts exports of key processing equipment, raising costs and affecting project viability

Chinese robotaxis race Waymo to bring driverless cars to global stage

Autonomous-driving technology is considered a strategic sector by Beijing, which has set out a policy that aims for China to become the world leader in driverless vehicles by 2035

Taiwan records 9 Chinese sorties, 4 naval vessels around its territory

On Thursday, MND detected three sorties of Chinese military aircraft and four Chinese naval vessels operating around its territorial waters

Trump to sign critical minerals deals on Asia trip to raise pressure on Xi

Malaysia is in discussion for a potential critical minerals deal with the US, Investment, Trade and Industry Minister Zafrul Aziz said on Saturday

Trump to press Xi Jinping for release of Hong Kong media mogul Jimmy Lai

More than 30 lawmakers signed a letter headed by Scott, a US senator from Florida, asking Trump to raise the issue of Lai, noting that Lai is suffering from deteriorating health