China: Lufthansa capitulates to global competition
FRANKFURT—The German airline Lufthansa has officially confirmed that it will temporarily suspend its daily flight service from Frankfurt to Beijing due to intense competition and economic considerations. This decision, which comes into effect with the winter flight schedule on October … Continue reading China: Lufthansa capitulates to global competition
China’s Satellite Project for Technological Sovereignty
SHANGHAI – China’s foray into the establishment of an independent satellite network is marked by the ambitious “Qianfan” project, also known as the “Thousand Sails Constellation”. This initiative, officially launched in 2024, aims to deploy over 15,000 low-Earth orbit satellites … Continue reading China’s Satellite Project for Technological Sovereignty
China’s Economic Growth Slows, Missing Targets
BEIJING – In a revealing sign of the times, China’s economic expansion has continued to decelerate, marking the third quarter as the slowest growth since the previous year. The National Bureau of Statistics reported a 4.6% increase in GDP for … Continue reading China’s Economic Growth Slows, Missing Targets
China’s Leap in Semiconductor Sovereignty
BEIJING – In a significant stride toward semiconductor independence, China’s JFS Laboratory in Wuhan has achieved a groundbreaking development in silicon photonics technology. This advancement, as reported by the South China Morning Post, marks a pivotal moment for China’s chip … Continue reading China’s Leap in Semiconductor Sovereignty
Chinese Automakers Accelerate European Expansion
PARIS – The Paris Motor Show has always been a grand stage for the automotive industry, and the 2024 edition is no exception. This year, the spotlight shines on the Chinese car industry, which is making significant moves to establish … Continue reading Chinese Automakers Accelerate European Expansion
Galileo: Europe’s pioneer for precise navigation
OBERPFAFFENHOFEN – The European satellite navigation system Galileo has become a serious competitor to the American GPS system since its inception. With a planned constellation of 24 active and 6 reserve satellites, of which 23 are already operational, Galileo offers … Continue reading Galileo: Europe’s pioneer for precise navigation
Philippines and South Korea commit to cooperate
MANILA/SEOUL – China has sought to expand its presence in contested areas of the South China Sea for years, brushing aside an international ruling that its claim to most of the waterway has no legal basis. The Philippines and South … Continue reading Philippines and South Korea commit to cooperate
ASEAN: Commitment to Regional Supply Chain Connectivity
VIENTIANE – The 27th ASEAN Plus Three (APT) Summit, held in Vientiane, concluded today with a landmark statement on strengthening regional supply chains, reflecting the member countries’ dedication to bolstering economic ties and collaborative efforts. Dr. Kao Kim Hourn, Secretary-General … Continue reading ASEAN: Commitment to Regional Supply Chain Connectivity
Smart Technology transforms the Travel Industry
BANGKOK – The travel industry is currently experiencing a revolution, driven by the advanced development of artificial intelligence (AI). With the increasing spread of mobile devices and apps, the market for AI-driven solutions in the travel and event sector will … Continue reading Smart Technology transforms the Travel Industry
Tariff dispute escalates: China and EU in conflict
BEIJING/BRUSSELS – Amidst growing tensions between the European Union and China over the imposition of tariffs on Chinese electric cars, Beijing has now responded with a countermeasure. Starting from October 11, importers of brandy from the EU must deposit “security … Continue reading Tariff dispute escalates: China and EU in conflict