China

US-China Rivalry in Africa Is Fueled by Technology

The US-China rivalry in Africa and the impact of digitalization on their competition are intensifying. With the growing importance of technology in Africa, both countries have been intensifying their efforts to gain influence on the continent. Digitalization has become a major force in shaping global politics, including the US-China rivalry in Africa. As the two […]

Profits or People? Debating Telecom's Influence on the Global Gig Economy

 In this piece, we will explore the role of the telecom industry in the globalization of the gig economy. With the rise of high-speed internet and communication technologies, workers can now seamlessly connect with employees and clients globally.   __________________   From pixels to paychecks, the gig economy has taken the world by storm, promising unprecedented autonomy […]

U.S. War on Chinese Hardware and Software

The U.S. war on China goes beyond Chinese hardware to now include its software. Can we afford slowing down technological advancements? The U.S. is not a fan of Chinese technology operating on its soil as it “strongly believes” that that could open it up to Chinese surveillance. And to drive that point home, late last […]

Blockchain for a Greener Tomorrow: How Trust and Transparency are Fueling Sustainable Behavior? 

Blockchain technology is being used to promote sustainability and transparency across various industries. One area where it is making a significant impact is supply chain management.   ____________________   Blockchain is not just a technological marvel, but also a catalyst for positive change. As the world grapples with urgent environmental challenges, blockchain is emerging as a formidable […]

Top Iranian, Saudi Envoys Meet in China in Restoration of Diplomatic Ties

The foreign ministers of Iran and Saudi Arabia met in Beijing on Thursday for the first formal gathering of their top diplomats in more than seven years, after China brokered a deal to restore relations between the top regional powers. After years of hostility that fuelled conflicts across the Middle East, Iran and Saudi Arabia […]

In Beijing, French Business Community Welcomes Macron’s Overtures

Among the French business executives travelling to Beijing with President Emmanuel Macron, the mood was cautiously sanguine on the thawing post-pandemic trade prospects with China, with some rejecting American-led calls for ‘decoupling’. Macron travelled to China with a 50-strong delegation of business leaders including the CEOs of Airbus, Alstom and EDF, raising eyebrows among some […]

Exclusive-EU Chips Act Likely to Get Green Light on April 18 -Sources

The European Union’s 43 billion euro ($47 billion) plan to boost its semiconductor industry and catch up with the United States and Asia is likely to get the green light from EU countries and lawmakers on April 18, people with direct knowledge of the matter said on Wednesday. The European Commission announced the Chips Act […]

Apple Says More Suppliers Committing to Renewable Energy

 Apple Inc on Wednesday said that more of its supply chain is committing to use renewable energy in producing the company’s iPhones, Macs and other products. Apple said suppliers are supporting 13 gigawatts of active renewable energy projects, up from 10 gigawatts last year. Apple suppliers have made commitments to support an eventual total of […]

Ahead of Xi Meet, Macron Warns about Risks of Cutting off China

French President Emmanuel Macron said Europe must resist eroding trade and diplomatic ties with China as he arrived for a state visit on Wednesday, seeking to refute any sense there was an “inescapable spiral” of tension between Beijing and the West. Shortly after touching down ahead of EU chief Ursula von der Leyen, who is […]

Cryptoverse: Bitcoin Traders Like Their Options

Even as bitcoin flies high, investors are keeping their options open, judging by a record race to derivatives. Open interest for bitcoin options and futures has spiked over the past month as fear has stalked global banking, hitting an all-time high of 433,540 contracts on March 23 on Deribit, a leading exchange for crypto-focused derivatives […]