US Commerce Secretary: Beijing opposing chip bill, fears losing its edge
According to Reuters, Commerce Secretary Gina Raimondo said on May 11 that China opposes the U.S. huge chip bill because it will give the world's largest economy a competitive advantage. On May 12, the U.S. will step up formal negotiations on a compromise measure that would invest 52 billion dollars in ...
‘Like playing Bomberman’: residents mock Beijing’s newly imposed isolation measure
Beijing policymakers have invented a new way to block the spread of the Covid-19. Accordingly, residents living on the same floor or sharing the same drainage pipe with the infected household will be sent to quarantine camps. The new policy was implemented in Nanmofang Township, Chaoyang District. Mainland media reported a ...
Tech war: U.S. considers tougher crackdown on Chinese chipmakers
According to the Information, the United States is considering a ban on the export of advanced equipment to Chinese chipmakers by American suppliers. China's technical self-sufficiency would be jeopardized by this decision.Besides Semiconductor Manufacturing International Corp. (SMIC), the potential ban will also affect state-owned Hua Hong Semiconductor, ChangXin Memory Technologies (CXMT), ...
Tianzhou-4 finally docks, marking China’s fight to build full-scale space station
Chinese Tianzhou arrived at its expected destination - Tianhe, the core module of China's under-construction Tiangong space station, on May 9, about 6.5 hours after launch. The robotic spacecraft mission is the opening battle for the space station's construction phase. It is also vital to reach full-scale construction and achieve the ...
China’s first cloud computing firm lost $150 million in 2 years, wiping out 90% of its market cap
According to its 2021 financial report, Unique Technology Co. Ltd. (UCloud) experienced two consecutive bad years with accumulated losses of nearly 1 billion yuan ($150 million). The significant drop in its stock price has wiped out almost 90% of its market value. Total revenue has seen an upward trend since 2018 ...
North Korea fires ballistic missile ahead of China Vice President’s rare trip to Seoul
North Korea has just fired a missile on Saturday, May 7, one day after China announced it would send its second highest leader to the upcoming South Korea president's inauguration. South Korea’s Yonhap News Agency cited the country’s Joint Chiefs of Staff that its northern neighbor just fired a missile, likely ...
Beijing steps up restrictions on young users in a bid to crack down on tech industry
Young internet users in China have recently been prohibited from sending virtual gifts on Livestream platforms, and their allowed time on these platforms is to be restricted. The newly issued rules come as Chinese regulators ramp up their grip on the internet platforms. According to several government agencies' joint notice, Livestream ...
Chinese tech giants quietly quitting Russia
Chinese technology companies such as Lenovo and Xiaomi are quietly pulling their operations out of Russia following its invasion of Ukraine. According to Apollo News, these Chinese tech giants are worried about U.S. sanctions and under pressure from suppliers, although the Chinese government has called on them to resist overseas coercion. During ...
Chinese fighter crashed again, Beijing not able to help Russia military
Netizens in the past few days have been spreading a video showing a crashed Chinese fighter jet. The Sound of Hope said this fighter crash happened on April 23, in a wheat field in Caolou Village, Zhangji Town, Yucheng County, Henan Province. This is not the first time that Chinese fighters ...
Scholars’ opinions on China’s Liaoning warship military training
According to CNA, the Japanese Ministry of Defense said on May 2 that the Liaoning and seven other warships headed south to the Pacific Ocean from the waters between Okinawa's main island and Miyako Island. On May 3, Liaoning's fighter jets and helicopters were reported to have made many takeoffs ...
China dispatches 18 military planes to disrupt Taiwan
The Taiwan Ministry of Foreign Affairs (ROC) reported on May 6 that China sent 18 aircraft to the island’s air defense zone. It is considered the second-largest incursion by far this year. The warplanes included six J-11 fighter jets, six J-16 fighter jets, two Xi'an H-6 bombers, two KJ-500 airborne early ...
Reason behind “Ma” confusion that made Hong Kong stocks plummet
According to Reuters, Hong Kong stocks fell sharply, especially technology stocks, led by Alibaba, following a report that Chinese authorities had taken action against a man named Ma. Reuters reported that Alibaba stock dropped 9.4%. Meanwhile, according to Chinese language media outlet Xin Tang Ren, tens of billions of dollars have ...
Taiwanese Defense Minister: China continues to provoke in sea and airspace surrounding Taiwan
On May 3, Taiwan's President Tsai Ing-wen presided over the awarding ceremony for important high-level cadres of the national army. There, she thanked the former Air Force Commander Hsiung Hou-chi for his service to the country. She also urged Liu Jen-yuan, the new air force commander, to strengthen the air ...
Taiwan struggles with brain drain to China, in spite of its achievements in semiconductor industry
Taiwan Semiconductor Manufacturing Company (TSMC) today produces the majority of the world's most advanced semiconductor chips. However, it has long struggled with brain drain to China. Nick Marro, an analyst for China, Taiwan, and Macau at the Economist Intelligence Unit, told Al Jazeera that Taiwan's top engineers are being lured away ...
China deploys 6 military aircraft to Taiwan’s ADIZ
The Ministry of National Defense (MND) confirmed on May 5 that six Chinese military planes intruded Taiwan's air defense identification zone (ADIZ). This marks the third day of intrusions this month. According to Taiwan News, the six aircraft of the People's Liberation Army Air Force (PLAAF) include one KJ-500 airborne early ...
China orders government firms to replace foreign PCs with local-made brands
According to Bloomberg, China has ordered government agencies and state-owned firms to replace their foreign personal computers (PCs) and software with local-branded ones. The central government bodies mandate the directive, and Beijing wants a complete replacement within two years. The source told Bloomberg that the move would likely replace at least 50 ...
