Asia to top 50 percent of global GDP by 2040
New York – For years, Western observers and media have been talking about the rise of Asia in terms of its massive future potential. But the time has come for the rest of the world to update its thinking—because the future … Continue reading Asia to top 50 percent of global GDP by 2040
PATA announces Grand and Gold Award winners 2019
Bangkok— The winners of the 2019 PATA Grand and Gold Awards are announced today by the Pacific Asia Travel Association (PATA). These awards, supported and sponsored since 1995 by the Macao Government Tourism Office (MGTO), this year recognize the achievements of 27 separate organizations and individuals. … Continue reading PATA announces Grand and Gold Award winners 2019
ASEAN becomes China’s No.2 trading partner
Beijing — The U.S. is losing importance as a trading partner of China as their tariff war drags on, dropping a notch to third place in the first half of 2019 to trail the European Union and Southeast Asia. Sino-American … Continue reading ASEAN becomes China’s No.2 trading partner
“Artificial Intelligence” ready to monitor volcanoes
Potsdam – More than half of the world’s active volcanoes are not monitored instrumentally. Hence, even eruptions that could potentially have rung an alarm can occur without people at risk having a clue of the upcoming disaster. As a first … Continue reading “Artificial Intelligence” ready to monitor volcanoes
U.S.: Consumer Tech Sales To Surpass $400 Billion
Arlington, VA – The growing popularity of streaming services, artificial intelligence (AI)-enabled emerging devices and in-vehicle technology will help drive the U.S. consumer tech industry to a record-breaking $401 billion in retail revenues in 2019 – 2.2% growth year over year … Continue reading U.S.: Consumer Tech Sales To Surpass $400 Billion
China’s rising tech scene threatens U.S. brain drain
Shenzhen – Between baskets filled with hard drives, memory sticks, LED lights and countless other bits of technology hardware, Jason Gui found what he was looking for: a handful of tiny batteries. His business partner, Tiantian Zhang, whipped out her … Continue reading China’s rising tech scene threatens U.S. brain drain
China: Xi urges Trump to ease North Korea sanctions
Beijing/Washington – Chinese President Xi Jinping urged U.S. President Donald Trump last month to show flexibility in dealings with North Korea and ease sanctions on the country “in due course,” China’s Foreign Ministry said on Friday. A senior U.S. official … Continue reading China: Xi urges Trump to ease North Korea sanctions
China’s producer prices stall, fuel deflation worries
Beijing – China’s producer prices flatlined in June on lower oil prices and weak global demand, fuelling concerns that a slowdown in manufacturing from a bruising trade war will further drag on growth in the world’s second-biggest economy. The producer … Continue reading China’s producer prices stall, fuel deflation worries
Japan: Fuel-cell technology for Chinese automakers
Beijing – Toyota Motor Corp will supply key hydrogen fuel-cell parts to Chinese automakers FAW and Higer Bus, as the Japanese automaker tries to promote the technology it continues to view as superior to rapidly spreading battery-powered vehicles. Toyota is … Continue reading Japan: Fuel-cell technology for Chinese automakers
Samsung: Phone water resistance questioned
Canberra – The ACCC has instituted proceedings in the Federal Court against Samsung Electronics Australia Pty Ltd (Samsung) alleging it made false, misleading and deceptive representations in advertising the water resistance of various ‘Galaxy’ branded mobile phones. Since around February … Continue reading Samsung: Phone water resistance questioned