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Tag: China

Taiwan plans to deploy more than half a dozen submarines to counter the Chinese People’s Liberation Army

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Taiwan plans to deploy more than half a dozen submarines to counter the Chinese People’s Liberation Army

Taiwan is pushing ahead with its ambitious submarine program, aiming to strengthen its defense capabilities amid escalating tensions with China. The Cabinet approved the $8.88 billion budget on Thursday and plans to submit it to lawmakers for consideration later this month. While analysts acknowledged that the move demonstrated Taiwanese President William Lai Ching-te’s commitment to […]

Facebook tops list of most banned apps worldwide, while China leads in restrictions: Study (CHECKLIST)

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Facebook tops list of most banned apps worldwide, while China leads in restrictions: Study (CHECKLIST)

(MENAFN- AsiaNet News) A recent study by Linkee has revealed that Facebook, with 3.05 billion monthly users, is the most popular app currently banned in several countries, including China, Russia, Iran and North Korea. Despite these restrictions, the social media giant continues to thrive worldwide, generating over $130 billion in revenue last year. The study […]

Opinion | The world is racing to hell in a shopping cart

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Opinion | The world is racing to hell in a shopping cart

Overshoot Day is one of a growing number of indicators that remind us of the growing challenge global warmingEnvironmental pollution, resource scarcity, the often unnoticed extinction of animal and plant species and the unsustainability of our stuff-obsessed lifestyle. Population growth and our success in lifting communities out of poverty only reinforce our assumption of infinite […]

Is PDD Holdings Inc. (PDD) a good e-commerce stock to invest in now?

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Is PDD Holdings Inc. (PDD) a good e-commerce stock to invest in now?

We recently published a list of The 10 best e-commerce stocks to invest in. In this article, we take a look at how PDD Holdings Inc. (NASDAQ:PDD) compares to other e-commerce stocks. An overview of the e-commerce industry According to a report by Forbes, the value of the e-commerce industry is expected to grow from […]

US crackdown on advanced chips opens up opportunity for China to use old technologies

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US crackdown on advanced chips opens up opportunity for China to use old technologies

Since 2022, the US has focused on restricting Chinese production of high-end semiconductors. The Commerce Department has imposed restrictive export controls and allocated tens of billions of dollars to encourage the production of advanced chips in the US. In response, China has developed its own policies – focusing heavily on less advanced but widely used […]

Opinion | With the upcoming US interest rate cuts, the glass looks half full again

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Opinion | With the upcoming US interest rate cuts, the glass looks half full again

One day before the Jackson Hole symposium, the Fed released the minutes of its last meeting of the Federal Open Market Committee. US interest rates unchanged at 5.25-5.5 percent. It said the “growth outlook for the second half of 2024 has been revised downwards largely due to weaker-than-expected labor market indicators.” However, the “overwhelming majority” […]

Chinese museum offers visitors a comprehensive journey into ancient life – Xinhua

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Chinese museum offers visitors a comprehensive journey into ancient life – Xinhua

Tourists visit the Mawangdui Tombs of the Han Dynasty (206 BC-220 AD) in Changsha, central China’s Hunan Province, June 9, 2023. (Xinhua/Chen Sihan) CHANGSHA, Aug. 23 (Xinhua) — A naked-eye 3D screen brings to life elements from Mawangdui, a famous ancient Chinese tomb. Visitors are mesmerized as civet cats with elaborate fur and glowing eyes […]

Aerial photographs show the construction of the highest bridge in the world

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Aerial photographs show the construction of the highest bridge in the world

Footage has emerged offering a bird’s eye view of a Chinese bridge that is set to become the highest in the world. The Huajing Grand Canyon Bridge in southwestern Guizhou province will rise 625 meters (2,050 feet) above the Beipan River, twice the height of the Eiffel Tower. Anyone who wants to cross the 2,890-meter-long […]

China invests heavily in Samsung and SK Hynix in the first half of the year due to fears of US sanctions

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China invests heavily in Samsung and SK Hynix in the first half of the year due to fears of US sanctions

China has significantly increased imports of South Korean chips in the first half of 2024, according to data from Samsung Electronics and SK Hynix, the two memory chip giants. Samsung reported an 82 percent year-on-year increase in China sales to 32.35 trillion won ($24.1 billion) in the first six months of the year, according to […]

In his speech at the Democratic Party Convention, Slotkin focuses on the role of the USA in the world

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In his speech at the Democratic Party Convention, Slotkin focuses on the role of the USA in the world

Elissa Slotkin: ‘Declare your patriotism’ amid election between Kamala Harris and Donald Trump Elissa Slotkin: ‘Declare your patriotism’ amid election between Kamala Harris and Donald Trump U.S. Rep. Elissa Slotkin, who is running for a vacant U.S. Senate seat that could determine which party controls that chamber in 2025, focused on national security in a […]