Page 28 - China

China unveils plan to accelerate AI integration with energy sector

China on Monday unveiled a new plan to accelerate the integration of artificial intelligence (AI) with the energy sector to achieve breakthroughs in key technologies such as data, computing power and algorithms. The plan was announced even as the new data shows the numbers of AI firms in the country surged to 5000 from 1400 in the past five years. Xin Guobin, vice minister of industry and information technology, released the new data at the World Smart Industry Expo in Chongqing, state-run Xinhua news agency reported on Monday. The date reveals the rapid growth of the AI sector in China which also enabled the country to make rapid strides in e-vehicles. The plan emphasizes breakthroughs in key technologies such as data, computing power and algorithms, outlining measures to optimize data-sharing mechanisms, establish a deeply integrated mechanism for coordinating computing power and electricity, and drive deeper integration of AI and software in the energy sector The plan, jointly

India's oil demand growth set to outpace China in 2025: Trafigura

China and India - the region's leading crude importers - are key drivers of demand growth, as producers and traders navigate the impact of economic shifts, plus the spread of renewable energy

China may ease crypto curbs as stablecoins challenge dollar dominance

With the, apparently coincidental, four-year anniversary of the last big tightening coming up this month, expect the next move by authorities to be a change of heart, a relaxation

Taiwan's Pacific influence dwindles as China gains ground in island nations

From six diplomatic alliances in the region in 2019, Taiwan now only has three: The Marshall Islands, the Republic of Palau, and Tuvalu

Taiwan detects 27 Chinese aircraft, 7 PLAN vessels near its territory

The frequent incursions and maritime operations reflect rising tensions between Taiwan and China, a relationship long fraught with geopolitical strain

Volkswagen unveils compact electric SUV ahead of Munich auto show

European automakers are up against stiff competition from China in the quest to bring affordable EVs to the market.

China's central bank buys gold in August for 10th consecutive month

China's gold reserves stood at 74.02 million fine troy ounces at the end of August, up from 73.96 million at the end of July

Jaishankar to represent India at BRICS virtual summit on Monday

External Affairs Minister S Jaishankar will represent India at a virtual summit of the BRICS grouping that has been convened by Brazilian President Luiz Inacio Lula da Silva next week to discuss trade disruptions triggered by Washington's policies on trade and tariff. The aim of the summit is to create a common approach in dealing with the Trump administration's tariff tussle. Brazil is the current chair of the BRICS. The 10-member grouping also includes India, China, Russia, South Africa, Indonesia, Iran and the United Arab Emirates. "The Brazilian chair of BRICS has called for a virtual meeting on September 8," External affairs ministry spokesperson Randhir Jaiswal said on Friday. "From our side, it will be the external affairs minister who will be participating in (the meeting). This BRICS Summit is at the leaders' level," he said at his weekly media briefing. Lula had dialled Prime Minister Narendra Modi on August 7 during which both the leaders pledged to strengthen bilateral

EU pork faces anti-dumping duties up to 62.4% as China steps up tariffs

China has announced provisional anti-dumping duties on EU pork, ranging from 15.6 per cent to 62.4 per cent, hitting major exporters like Spain, Denmark, and the Netherlands

Trump says India and Russia appear 'lost' to 'deepest, darkest China'

US President Donald Trump continues criticising India and Russia's ties with China

Hindu Kush countries use just 6% of total energy from clean sources: Report

Despite holding immense renewables potential', clean energy accounts for only 6 per cent of total primary energy supply in the countries of the Hindu Kush Himalayas, with hydropower being hugely underexploited', a report said. A new assessment report was released on Friday by the International Centre for Integrated Mountain Development (ICIMOD), an eight-nation regional body, during the Asia-Pacific Clean Energy Week in Bangkok. The report said that out of 882 Gigawatts total hydropower potential identified in Afghanistan, Bhutan, Bangladesh, China, India, Myanmar, Nepal, Pakistan, the vast majority of that potential (635 Gigawatts) is from the waters of the transboundary rivers of the Hindu Kush Himalaya region. Just 49 per cent of this potential is currently tapped, the report added. Non-hydro clean energy potential (solar and wind) in the Hindu Kush Himalaya region, meanwhile, stands at 3 Terawatts, it said. While the total combined renewable energy targets of the countries of

China's Xi, North Korea's Kim pledge deeper ties during meeting in Beijing

Chinese President Xi Jinping and North Korean leader Kim Jong Un pledged mutual support and enhanced cooperation during talks in Beijing after a commemoration of the end of World War II, the countries' state media said. Xi and Kim, along with top officials from their countries, met at Beijing's Great Hall of the People, a day after Kim attended a Chinese military parade alongside other foreign leaders, including Russian President Vladimir Putin. Kim is making a rare trip outside North Korea. Xi highlighted the traditional friendship between China and North Korea and pledged to consolidate and boost relations, according to a readout of their statements published by Chinese state broadcaster CCTV on Thursday. This position will not change regardless of how the international situation evolves, Xi told Kim, according to CCTV. North Korea's official Korean Central News Agency said on Friday that the leaders discussed increasing high-level visits and contacts as well as strengthening ..

Chinese hacker group Salt Typhoon stole data from most Americans

But a sweeping cyberattack by a group known as Salt Typhoon is China's most ambitious yet, experts and officials have concluded after a year of investigating it

AI agents set to cash in big in China as UBS predicts 2026 as key year

Global brokerage UBS expects Chinese AI agents could start making money in 2026 as models get smarter; tech giants like Tencent, Alibaba and ByteDance are racing to build new AI tools

From drones to lasers: How science and tech powered China's military parade

China's military parade displayed AI-powered drones, lasers, hypersonic and nuclear missiles, showing how science and technology are shaping its future warfare capabilities

Xi, Putin discuss 'immortality' at China's biggest military parade

Putin said development of biotechnology has helped transplant human organs vigorously helping people stay young and even achieve immortality

Ikea pledges lower prices in China as competition with local rivals grows

The Swedish company will commit 20 million euros ($23.4 million) in the fiscal year starting Sept. 1 to efforts to slash prices further in the market

China showcases new laser, nuclear and hypersonic weapons at parade

China on Wednesday for the first time displayed a range of new weapons at a massive military parade, which included laser weapons, nuclear ballistic missiles, giant underwater drones, besides fifth-generation aircraft, flaunting its military might. One much-talked-about new weapon, displayed at the People's Liberation Army (PLA) parade to commemorate the 80th anniversary of China's victory against Japanese aggression in World War II, was the giant LY-1 laser weapon. The laser weapon, mounted on top of an eight-wheeled HZ-155 armoured truck, can effectively damage the optical sensors of enemy weapons and equipment. Chinese defence analysts say it will truly change the rules of maritime warfare. Laser warfare was regarded as the new military domain. India last month successfully test-fired an integrated air defence weapon system (IADWS), especially the high-power laser-based Directed-Energy Weapons (DEW) system, which invited praise from a Chinese military expert who said it should be

India's steel demand to triple by 2050 as China's share contracts: WoodMac

India's steel demand is forecast to grow strongly as China's share falls to 31% by 2050, with rising consumption in India and Southeast Asia reshaping global trade flows

Will help China overtake US as top nuclear power producer, says Russia

Russia has already helped build four nuclear reactors in China and is building four more