By Li Gu and Casey Hall SHANGHAI (Reuters) – A slew of smaller Chinese gaming companies have announced share buybacks – plans seen as an attempt to reassure investors after the market was spooked by regulatory moves to clamp down on consumer spending on games. Last Friday, regulators published draft rules that would ban online […]
Tag: Chinese
Philippine actions in South China Sea ‘extremely dangerous’, claims Chinese state media
Chinese state media accused the Philippines on Monday of repeatedly infringing on China’s territory in the South China Sea, spreading false information and colluding with extraterritorial forces to cause trouble. The Philippines has relied on US support to continually provoke China, with such “extremely dangerous” behaviour seriously harming regional peace and stability, China’s Communist Party […]
How Chinese carmakers are overtaking Japanese, European rivals in South African market
On the streets of South Africa’s major cities, Chinese car brands are becoming an increasingly common sight in a market that has for years been dominated by Japanese and European-made cars. Generally, when it comes to total car registrations or sales figures, Japanese brands such as Toyota, Suzuki and Nissan dominate in South Africa. European […]
The secret U.S. effort to track, hide and surveil the Chinese spy balloon
WASHINGTON — On a Friday evening last January, Gen. Glen VanHerck, the Air Force commander in charge of defending American airspace from foreign intrusion, called President Joe Biden’s top military adviser, Gen. Mark Milley. U.S. intelligence officials had just notified the general that for roughly 10 days they had been tracking a mysterious — and […]
India arrests two senior employees of Chinese firm Vivo
(Reuters) – India’s financial crime-fighting agency has arrested two senior employees working for Chinese smartphone maker Vivo’s India unit, a source directly involved with the case said on Saturday, which the company vowed to challenge legally. The arrests come two months after the Enforcement Directorate arrested four industry executives, including one Chinese national, working for […]
Chinese startup LandSpace poised to begin reusable rocket landing tests
Chinese launch startup Landspace appears ready to test launching and landing rockets. The company launched its third Zhuque-2 methane-fueled rocket on Dec. 8, successfully sending two satellites into orbit. It also revealed plans following the launch for a large stainless steel Zhuque-3 reusable rocket that it aims to launch for orbit for the first time […]
Chinese Man Charged With Stealing $23,000 In Cash From Passengers On A Flight To Singapore
One Chinese man has been charged with three counts of theft after Singapore officials uncovered that he stole $23,000 in cash from the luggage of three passengers on their Scoot flight to Singapore, Channel News Asia reports. Hong Kong officials have previously warned of a spike in thefts on flights in the region, and this […]
Chinese Spacecraft Emitting Strong Signal Over North America
Emitting Signals Earlier this week, China’s top-secret spaceplane, dubbed Shenlong released six mysterious objects after reaching the Earth’s orbit for the third time in three years. We can only hazard a guess as to what these objects — which are being tracked by the US Space Force and designated the names OBJECT A through F […]
Top US military officer speaks to Chinese counterpart in bid to thaw relations
General CQ Brown, chairman of the Joint Chiefs of Staff, spoke to his Chinese counterpart on Thursday, in the first of what officials said will be renewed talks between the two nations’ senior military leaders. It came as the Biden administration works to thaw relations with Beijing. The video call between Gen Brown and Gen […]
Top US military officer speaks with Chinese counterpart as US aims to warm relations with Beijing
WASHINGTON (AP) — Gen. CQ Brown, chairman of the Joint Chiefs of Staff, spoke with his Chinese counterpart on Thursday, in the first of what officials said will be renewed talks between the two nation’s senior military leaders, as the Biden administration works to thaw relations with Beijing. The video call between Brown and Gen. […]
US Senator Marco Rubio calls on Biden to sanction Chinese chip firm Brite
By Alexandra Alper WASHINGTON (Reuters) -Republican lawmaker Marco Rubio on Wednesday urged the Biden administration to sanction Chinese chip design firm Brite Semiconductor over its ties to China’s top sanctioned chipmaker and its work for Chinese military suppliers. Reuters reported last week that Brite Semiconductor offers chip design services to at least six Chinese military […]
Commercial Chinese rocket launches small returnable spacecraft to orbit (video)
The Chinese commercial launch firm iSpace is once again putting satellites into orbit. The company’s sixth Hyperbola-1 rocket lifted off from the Jiuquan Satellite Launch Center in northwest China at 2:00 a.m. EDT (0700 GMT, 3:00 p.m. Beijing time) on Sunday (Dec. 17). Aboard was the recoverable Di’er-1 (DEAR-1) test satellite. The spacecraft is described […]