With domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. A subtle shift is taking place among Chinese businesses as they adopt a “China plus one” outlook and redirect domestic investments to neighbouring economies – a...
Read full articleThe response came after Homeland Security ordered the removal and exclusion of products developed by the Chinese company.
The commander of the US Eighth Army in South Korea said his troops must be ready for deployment outside the Korean peninsula if ordered, arguing that it would be “irresponsible” to focus “myopically” on threats there. Lieutenant General Joe Hilbert said that while his command’s focus was on fulfilling US commitments under its mutual defence treaty with Seoul, the Eighth Army’s location did not limit the missions it could undertake. It would be “irresponsible to focus myopically” on threats on...
US Secretary of State Marco Rubio confirmed on Tuesday that the leaders of the Quadrilateral Security Dialogue would meet in the Philippine capital next month, marking the group’s first summit in more than two years, just days before US President Donald Trump meets Chinese President Xi Jinping in Shenzhen, China. “It’s been agreement now that we’re going to do it; we’re going to do it in Manila, at the Asean conference,” Rubio said in an interview with Indian news channel CNN-News18. “We don’t...
The secretary of state will meet with Asia’s richest men in Mumbai as Washington continues negotiations over a trade deal with India.
A clear division of labor ensures North Korea’s alliances with Russia and China are complementary, not competitive with each other.
Canberra should stay out of what Port Moresby decides on Bougainville, but it can push for a concrete timeline for the decision.
Just days after announcing his departure from Moonshot AI, teen Chinese artificial intelligence prodigy Nathan Chen Guangyu seems to have found his next destination. On Tuesday, Arfur Grok, a widely-watched anonymous social media account that tracks AI talent movements in the US, posted that the former Moonshot AI researcher was joining Discovery Loop, an AI start-up founded by four former Google senior researchers including former chief scientist Jeff Dean. Launched just two months ago, the...
Migrant worker recruitment debt threatens the island’s access to Western markets and its ties with Southeast Asia.
For decades, Washington tried to change Pyongyang’s nuclear policy. Now North Korea is trying to do the reverse: use its nuclear weapons to change U.S. policy.
A law school professor was dismissed after online controversy over her course on women’s rights.
China has set up a new state-owned enterprise dedicated to managing the country’s massive data resources, a significant move designed to turbocharge the nation’s artificial intelligence industry and bolster its digital economy. The National Data Group Co – based in China’s “city of the future”, Xiongan New Area in northern Hebei province – is tasked with “developing and utilising data resources, unlocking the value of data elements, serving AI development and fostering a data industry...