Search results for "China"

Huawei Touts Camera on Latest Premium Smartphone Without 5G

Huawei Technologies on Thursday continued to press ahead against U.S. pressure by launching a new smartphone with a price starting at 4,488 yuan ($658), which it promised has a top end camera though it would only be able to use 4G. Richard Yu, CEO of Huawei’s consumer arm, spent almost an hour presenting Huawei’s self-developed […]

TikTok Creators, Some U.S. Democratic Lawmakers Oppose Ban on App

TikTok creators and three U.S. Democratic Party lawmakers on Wednesday said they opposed any potential ban on the Chinese-owned short video sharing app that is used by more than 150 million Americans. On Thursday TikTok CEO Shou Zi Chew will testify before the U.S. House Energy and Commerce Committee amid growing calls for a ban […]

TikTok Would Be Tough to Ban in the US Without a New Law, Experts Say

The Biden administration is under pressure to ban popular Chinese-owned social media app TikTok, but any such move likely hinges on passage of a new law that bolsters the government’s authority to regulate speech, experts said. Pressure is mounting from lawmakers and national security hawks to ban TikTok, which is owned by China’s ByteDance, over […]

TikTok CEO: App Has Never Shared US Data with Chinese Government

TikTok’s chief executive will tell lawmakers the Chinese-owned short video app with more than 150 million American users has never, and would never, share U.S. user data with the Chinese government amid growing U.S. national security concerns. “TikTok has never shared, or received a request to share, U.S. user data with the Chinese government. Nor […]

Australia Could Reap $11.3 Billion from Battery Sector by 2030 - Accenture

Australia’s revenue potential from developing a battery industry has doubled to A$16.9 billion ($11.28 billion) by 2030 in less than two years, highlighting the speed of the sector’s expansion and the need to act quickly, an Accenture report showed on Wednesday. Australia’s battery industry is poised to become a global leader given the country’s mineral […]

'Dear friends' Xi and Putin Meet in Moscow as Ukraine War Rages

Chinese President Xi Jinping met his “dear friend” Vladimir Putin in Moscow on Monday, seeking both to deepen economic ties with an ally he sees as a useful counterweight to the West and to promote Beijing’s role as a potential peacemaker in Ukraine. Xi was the first leader to meet the Russian president since the […]

Germany, Japan Seek Cooperation on Economic Security Amid Supply Chain Strains

Germany and Japan agreed to cooperate closely on economic security on Saturday during their first ever high-ministerial government consultations, held amid tensions over global supply chains and economic disruptions caused by the war in Ukraine. German Chancellor Olaf Scholz, accompanied to Japan by six ministers, is looking at ways to reduce German dependence on Chinese […]

Volkswagen to Invest in Mines in Bid to Become Global Battery Supplier

Volkswagen plans to invest in mines to bring down the cost of battery cells, meet half of its own demand and sell to third-party customers, the carmaker’s board member in charge of technology said. Its strategy aligns with a wider trend of carmakers seeking greater control over parts of the supply chain traditionally left to […]