Search results for "China"

AFL-CIO Strongly Backs U.S. House Bill on China Competition, Chips

The largest U.S. labor organization said Monday it strongly supported a U.S. House of Representatives bill designed to improve competition with China, boost U.S. semiconductor production and reform key trade provisions. The AFL-CIO trade federation representing 12.5 million workers said in a letter to lawmakers the bill’s $52 billion for chips is critical to “addressing […]

U.S. House Bill on China Competitiveness, Chip Investment, Coming Soon - Pelosi

The U.S. House of Representatives will soon introduce a bill to increase U.S. competitiveness with China and boost federal spending on semiconductors, Speaker Nancy Pelosi said on Friday as the Biden administration seeks to boost domestic chip production. “The House will soon introduce its competitiveness bill,” she said in a note to Democratic colleagues. The […]

China's CATL Launches Battery Swap Service for Electric Cars

China’s Contemporary Amperex Technology Co Ltd on Tuesday launched a battery swap service for electric vehicles (EV) called EVOGO, which it said would allow drivers to change car batteries in one minute. The battery maker will set up swap stations in ten cities around China and users will be able to access the service via […]

China's President Calls for Harsher Regulations on Tech Industry

Chinese President Xi Jinping is seeking to further tighten the grip on the country’s digital economy, demanding altered regulations and governance over the industry.  The President expressed his vision of China’s digital economy, referring to its growth as “unhealthy” development, with a goal of reinforcing China’s economic growth through technological development.  China should “cultivate a […]

New Oriental laid off 60,000 staff after China's education crackdown, founder says

China’s New Oriental dismissed 60,000 employees and saw operating income plunge by 80% after Beijing enforced new sweeping rules on the country’s private education industry that barred for-profit tutoring last year, according to its founder. Yu Minhong, who founded the company in 1993, published the figures on his official WeChat account on Saturday in a […]

Sounding Alarm on China, Japan and U.S. Vow to Collaborate More on Defense

The United States and Japan on Friday voiced strong concern about China’s growing might and pledged to work together to push back against attempts to destabilize the region, including against emerging defense threats. The comments from the two allies, in a joint statement that followed a virtual “two-plus-two” meeting of their foreign and defence ministers, […]

Tesla opens showroom in China’s Xinjiang region

In a region fraught with controversy, Tesla has opened a new dealership in China, Xinjiang, the same area where the Chinese government was accused of human rights violations against the Uyghur Muslim minority.  This move strangely comes just after U.S president Joe Biden signed the Uyghur Forced Labor Prevention Act to protect said minority from […]

China Drafts Rules on Security Reviews for Apps Influencing Public Opinion

China’s cyber regulatory body issued on Wednesday draft rules governing mobile apps, including a requirement for security reviews of apps whose functions could influence public opinion. The proposed regulations are part of a campaign run by the Cyberspace Administration of China (CAC) over the past year to increase oversight of the country’s tech companies. The […]

China to Order Cybersecurity Reviews for Some Firms Seeking Overseas Listings

China said on Tuesday it would put in force new rules that will boost oversight over how its platform companies make plans to list abroad or use recommendation algorithms, in moves set to tighten Beijing’s grip over its sprawling technology sector. The Cyberspace Administration of China (CAC) said it would from Feb. 15 implement new […]

China calls on US to protect space station from satellites

China is calling on the United States to protect a Chinese space station and its three-member crew after Beijing complained that satellites launched by Elon Musk’s SpaceX nearly struck the station. A foreign ministry spokesman accused Washington on Tuesday of ignoring its treaty obligations to protect the safety of the Tiangong station’s three-member crew following […]