Swedish police investigating the believed sabotage of two fibre-optic undersea cables in the Baltic Sea have said a Chinese ship off the coast of Denmark was “of interest” as Danish officials said its navy was shadowing a Chinese-registered cargo ship. The ship identified by Denmark – the Yi Peng 3 – passed both the cables […]
Denmark’s navy said Wednesday that it was shadowing Chinese cargo vessel Yi Peng 3, which is anchored off the Danish coast. While the navy has not given any reason for its presence near the idle ship, the announcement comes a day after Finland and Sweden opened investigations into the suspected sabotage of two undersea fibre-optic […]
A 71-year-old Chinese man was sentenced to 20 months in prison on Tuesday for taking part in a plot targeting the Falun Gong spiritual movement in the United States. A street booth set up by the Hong Kong Falun Gong. File photo: xahl dera, via Flickr. John Chen, of Los Angeles, was convicted of acting […]
Realme GT Neo 7 is in the works and may launch soon, if recent leaks are any indication. In a fresh update, the unannounced Realme smartphone allegedly appeared on the China Compulsory Certification (3C) website, indicating that its launch is imminent. The newest entry for a Realme handset on 3C suggests fast charging details of the […]
HONG KONG, Nov. 19 (Xinhua) — Hong Kong should seize opportunities to deepen financial reform and innovation, said Chinese Vice Premier He Lifeng on Tuesday in Hong Kong. Delivering a speech at the Global Financial Leaders’ Investment Summit held in Hong Kong, He said that with the strong support of the central government, effective leadership […]
China has the world’s biggest EV market. But Xpeng’s CEO, He Xiaopeng, says most Chinese carmakers will not exist in 10 years. He predicted that only seven major car companies would eventually be left in China. Xpeng CEO He Xiaopeng doesn’t think most Chinese carmakers will survive the next decade. “From 300 start-ups, only 100 […]
5 Trump wants to see Mexico close its doors to Chinese automakers who might export to the US. Donald Trump has threatened machinery giant Deere & Co. with tariffs if it moves a plant to Mexico, potentially throwing a wrench into the “nearshoring” process that has promised to bring millions of investment dollars to Mexico. […]
On November 15th, according to Chinese media Yicai, the Chinese electric vehicle startup Hycan has dismissed all employees of its Shanghai branch and has delayed paying severance compensation to the laid-off employees. Several former employees of Hycan’s Shanghai branch who have already left their positions told reporters, “Originally, it was agreed to pay the N+1 […]
Human beings need to make decisions over the use of nuclear weapons, Biden and Xi suggest. Source link
Kano Investment Promotion Agency and Diaspora (KanInvest) has renewed its strategic trade plan and unveiled an investment opportunity to attract a Chinese industrial hub. In its latest move to harness foreign investors, the leadership of KanInvest last week hosted five Chinese government officials and ten representatives from key local enterprises to cement the direct […]