Laos-China Railway: Record Growth in Passenger Volume
VIENTIANE—The Laos-China Railway has reached a significant milestone, transporting a total of 3 million passengers in the first ten months of 2024, marking a 44.4% increase in passenger volume compared to previous years. This surge in ridership highlights the rail … Continue reading Laos-China Railway: Record Growth in Passenger Volume
BRICS: Path to a new global monetary order?
KAZAN – Recent discussions at the BRICS summit in Kazan, Tatarstan, could set the stage for a new era in the global financial landscape. The debate around a common currency, supplemented by digital payment systems like BRICS Pay and cryptocurrencies, … Continue reading BRICS: Path to a new global monetary order?
Huawei’s NearLink Technology: A Potential Game-Changer
SHENZHEN – In the ever-evolving landscape of wireless technology, a new player has emerged with the potential to redefine connectivity standards. Huawei’s NearLink technology, introduced as a robust alternative to the ubiquitous Bluetooth, is poised to make significant waves across … Continue reading Huawei’s NearLink Technology: A Potential Game-Changer
Apple opens large research lab in Shenzhen
SHENZHEN – In an unexpected turn of events, Apple Inc. has inaugurated a state-of-the-art research lab in Shenzhen, China, the very heart of Chinese technological innovation and a stone’s throw from Huawei’s headquarters. This move comes amidst a backdrop of … Continue reading Apple opens large research lab in Shenzhen
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
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