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
Global Markets in Turmoil: Effects on Asian economy
TOKYO/WASHINGTON – The global financial landscape has been rocked by a series of unexpected events that have sent shockwaves through stock markets around the world. The United States, long considered a bastion of economic stability, is now grappling with the … Continue reading Global Markets in Turmoil: Effects on Asian economy
UNITREE’s G1 Model Disrupts Robotics Market
HANGZHOU/WALTHAM – Boston Dynamics has long been at the forefront of robotics innovation, particularly known for its advanced and dynamic robots that have captured public imagination. However, the landscape of robotics is highly competitive and constantly evolving. While Boston Dynamics … Continue reading UNITREE’s G1 Model Disrupts Robotics Market
USA and Europe: AI effects twelve million jobs by 2030
NEW YORK – A recent study by the McKinsey Global Institute (MGI) predicts a remarkable development in the working world: millions of workers may be forced to seek new employment opportunities as artificial intelligence (AI) increasingly becomes capable of automating … Continue reading USA and Europe: AI effects twelve million jobs by 2030
USA: Massive tariff increases on Chinese goods
WASHINGTON – The U.S. government yesterday announced a significant expansion and increase in punitive tariffs on products from China. The measures, led by President Joe Biden, target a range of industries, including electric cars, semiconductors, solar panels, and protective masks. … Continue reading USA: Massive tariff increases on Chinese goods
US Congress Approves Ban on TikTok in the U.S.
Washington, D.C. – The US Congress has passed a groundbreaking law aimed at banning the Chinese social media platform TikTok in the United States. This decision marks another step in the increasing tension between the two economic powers and signals … Continue reading US Congress Approves Ban on TikTok in the U.S.
Australia: Former PM Kevin Rudd new U.S. ambassador
NEW YORK – The Australia government announced yesterday its nomination of Asia Society President and CEO and former Prime Minister Kevin Rudd as the country’s next Ambassador to the United States, commencing in March 2023. Asia Society Board of Trustees … Continue reading Australia: Former PM Kevin Rudd new U.S. ambassador
Chinese brands in U.S. face tougher challenges
NEW YORK – Souring relations between Washington and Beijing do not bode well for Chinese companies in the U.S. Among the 111 companies that responded to a recent survey of Chinese enterprises in the U.S., only 19% foresee that U.S.-China … Continue reading Chinese brands in U.S. face tougher challenges
Blacklisted Chinese firms plan lawsuits
BEIJING – Chinese companies targeted by a sweeping investment ban imposed by former President Donald Trump are considering suing the U.S. government after a federal judge suspended a similar blacklisting for Beijing-based smartphone maker Xiaomi. Lawyers familiar with the matter … Continue reading Blacklisted Chinese firms plan lawsuits
U.S. airline industry request passenger data
WASHINGTON — The U.S. airline industry is pledging to expand the practice of asking passengers on flights to the United States for information that public health officials could use for contact tracing during the pandemic. Airlines for America, an industry … Continue reading U.S. airline industry request passenger data