Torbjørn Færøvik's Blog, page 46

Taiwanese investment in China steadily declining

Investment in China fell due to increasing costs, the US-China trade war and China’s economic development slowdown, a spokesperson said.The percentage of Taiwanese businesses investing in China has been steadily declining since 2010 due to increased costs, the US-China trade war and the slowdown of China’s economic development, Straits Exchange Foundation (SEF) spokesperson Li Pao-wen said.In

China’s fast-growing high-speed railway network faces reality

The financial situation of China’s high-speed railway network has raised concerns among Chinese commentators as the facility is facing growing debt and weakening passenger spending power.In February this year, a group of Chinese commentators said a report by the National Audit Office (NAO) had found that China’s high-speed railway saw an “about 100 billion yuan of total loss” in the nine months

China Blasts US Ally Over Spying in Air Defense Zone

China has accused Japan—a United States treaty ally in Northeast Asia—of sending spy planes to its so-called Air Defense Identification Zone (ADIZ) over the contested East China Sea. The remarks from Beijing come after Tokyo said YS-11EB intelligence-gathering aircraft had experienced close aerial encounters with Chinese planes while conducting surveillance over the region last week.Japan

Taiwan Deploys HIMARS, Patriot, Stinger Weapons in China Invasion Exercise

Photos showed Taiwan's military training with several newly acquired U.S.-made defense systems over the weekend during the self-ruled island's largest-scale annual military exercise, now in its seventh day. The systems made an appearance in the densely packed Taipei metropolitan area as part of drills aimed at defending the capital against a potential invasion by China.The 41st Han Kuang

China’s second-quarter growth beats forecasts but deflation fears fuel calls for stimulus, deeper reform

China’s economy grew at a faster-than-expected rate in the second quarter, keeping the country on track to meet its full-year target of 5% and easing some pressure on policymakers to step up stimulus to underpin growth.China’s gross domestic product expanded by 5.2% in the second quarter, according to China’s National Bureau of Statistics on Tuesday. While the growth rate beat Reuters-polled

Nvidia says it will resume H20 AI chip sales to China ‘soon,’ following U.S. government assurances

NVIDIA said Tuesday that it hopes to resume sales of its H20 general processing units to China, in a major win for the company that has suffered from U.S. export curbs. The U.S. government in April told Nvidia it would require a license to sell the chips to China, the company said in a filing, effectively halting their sales. The H20 chips had been designed specifically to bypass earlier

Iran and China Challenge US as Alliance Grows

Iranian Foreign Minister Abbas Araghchi is in China to attend the Shanghai Cooperation Organization (SCO) Summit alongside key partners including Russia, marking a significant moment in Tehran's growing alliance with Beijing following its recent conflict with Israel.The visit highlights a strategic alignment as China continues purchasing Iranian oil and transferring missile-related materials and

The Locknet: How China Controls Its Internet and Why It Matters

The man gazes earnestly into the camera, the glow from his computer monitor reflecting off his black-rimmed glasses. “This is more than just a cultural moment,” he says with a smile. “It’s something truly meaningful. This is about mutual respect, kindness, and efforts to understand each other. This feels so good!” he exclaims in a video he posted to RedNote, a China-based social media platform

Censor-busting dissident shines light on overworked Chinese students

An 8th grader from Hunan province was “extremely stressed” — for good reason. His top-ranking middle school demanded he study 85 hours a week, with just two days off a month. “Teachers threatened us that if we reported it, we would be expelled from school,” the student wrote. His story and more than 4,000 like it have been submitted anonymously to a crowd-sourcing website that is shining a light

‘High probability’ Trump and Xi will meet this year, Rubio says

There is a “high probability” that US President Donald Trump and Chinese leader Xi Jinping will meet this year, US Secretary of State Marco Rubio said Friday. “The odds are high,” Rubio told journalists gathered in Kuala Lumpur, Malaysia on Friday. “I think both sides want to see it happen.”Rubio said he was unable to provide a date for any potential meeting but said there was a “strong desire on