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The China News Database was last updated at 01:50PM on November 9, 2023.
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4,639 articles matching the search query.
China EV Startup Hozon Said to Weigh $1 Billion Hong Kong IPO
Electric vehicle companies line up for Hong Kong IPOs: EV startups Hozon and WM Motor are each eyeing $1 billion Hong Kong IPOs as early as next year, along with Sequoia China-backed Leapmotor, despite oversaturation in the market, Bloomberg reports.
Zuo Fang, Chinese Journalist Who Challenged the Powerful, Dies at 86
One of the founders of the Southern Weekly newspaper, Zuǒ Fāng 左方, has died at the age of 86. A New York Times obituary notes that the newspaper he worked at for decades, also known in English as Southern Weekend, had “laid the groundwork for a golden era of Chinese journalism in the 1990s and 2000s” — an era very different from the current one for Chinese media.
Hong Kong jails protester for chanting political slogans
Another strict sentencing in Hong Kong: Ma Chun-man (馬俊文 Mǎ Jùnwén), a 31-year-old former food delivery worker in Hong Kong, received a sentence of five years and nine months in jail for chanting slogans, including “Liberate Hong Kong, revolution of our times,” in what one legal expert told the Financial Times indicated an “almost zero-tolerance approach” to dissident voices. Back in July, the first conviction under the city’s National Security Law had rejected the argument that slogans like this could mean different things to different people, as the court ruled that the slogan “was capable of inciting others to commit secession.”
U.S., China issue joint pledge to slow climate change in the next decade
A last-minute U.S.-China climate pledge at COP26: With just two days left at the COP26 climate summit in Glasgow, John Kerry and Xiè Zhènhuá 解振华, the special climate envoys of the world’s two largest emitters, unexpectedly announced the U.S.-China Joint Glasgow Declaration on Enhancing Climate Action in the 2020s. The 16-point declaration adds detail to an earlier U.S.-China joint statement from April, though the effects of the new statement are still unclear, and the two countries made no major commitments beyond what was already public. Kerry and Xie both said that the new declaration “was a product of nearly three dozen negotiating sessions,” according to the Washington Post, which adds, “One European negotiator said that the significance of the U.S.-China accord was no guarantee that the broader talks in Glasgow would succeed.”
Signs Point to China's Third Aircraft Carrier Launching Soon
China’s third aircraft carrier to launch in three to six months? A new report from the Center for Strategic and International Studies (CSIS) suggests that “the installation of the carrier’s main external components is nearing completion.” CSIS notes that China’s two existing carriers, the Liaoning and Shandong, have less advanced aircraft launch technology, but it is “widely rumored that China has developed an electromagnetic launch system similar to the one developed for the U.S. Navy’s new Gerald R. Ford class of carriers.”
Twitter-like Weibo sued in China for restricting data access
China has seen its first civil antitrust lawsuit after a small software company sued Weibo for alleged anticompetitive restrictions, giving Beijing a chance to flex its antitrust muscles.
Opinion | We Spent a Year Investigating What the Chinese Army Is Buying. Here’s What We Learned.
How does China acquire and plan to use AI military technology? The Center for Security and Emerging Technology at Georgetown University analyzed 350 Chinese military equipment contracts that involved artificial intelligence, and found that U.S. companies play a “critical role” in providing China with data, software, and funding that makes the technology possible. One of the report’s authors, Ryan Fedasiuk, wrote in Politico today to say that while China is using AI for “all manner of applications, including autonomous vehicles, intelligence analysis, decision support, electronic warfare and cyber operations,” he is skeptical of the “most ominous predictions about China’s efforts to fully automate warfare through ‘doomsday’-like weapons.”
晚点独家 | 自动驾驶独角兽小马智行调整卡车部门，技术骨干离职创业
Self-driving unicorn Pony.ai is losing key members of its truck R&D team, prompting the company to consolidate its research efforts after its aborted U.S. IPO in August.
China’s Factory Inflation Grows at Fastest Pace in 26 Years on Soaring Energy Prices
China’s factory-gate inflation is rising at record speed, in a sign of worsening inflation around the globe. But economists say the domestic economy won’t feel much pain.
Chinese netizens snap up book of quotes from ByteDance creator
Taobao sellers are hawking an unauthorized book containing all of ByteDance founder Zhāng Yīmíng’s 张一鸣 social media posts between 2010 and 2016, a period when his company grew rapidly.
Joe Biden extends investment ban on firms linked to China’s military
U.S. President Joe Biden extended a U.S. investment ban on Chinese companies linked to the Chinese military. It was first signed last November by former President Donald Trump.
TSMC to build new chip factory in Taiwan's southern city amid shortage
TSMC is building a new factory in Kaohsiung, in southern Taiwan, as part of a plan to lift production and quell shortages, along with planned fabs in Japan and Arizona.
Chinese Journalist Who Reported From Wuhan Is Gravely Ill After Prison Hunger Strike
Imprisoned citizen journalist Zhāng Zhǎn 张展 is “gravely ill after going on a hunger strike, according to her family and attorney,” the Wall Street Journal reports. Zhang was initially detained in May 2020, and later convicted of “picking quarrels and provoking trouble” in December 2020 for her reporting from Wuhan in the early days of COVID-19 and criticism of the government’s response. The U.S. State Department and Human Rights Watch have called for her immediate release, per the New York Times.
36氪独家｜小红书完成新一轮5亿美元融资，投后估值高达200亿美元_详细解读_最新资讯_热点事件_36氪
Social commerce app Xiaohongshu’s valuation is up to $20 billion, doubling within half a year, after raising $500 million from investors including Tencent and Alibaba.
China’s Coal Pledge Could Have Canada-Sized Emissions Impact
A Canada-sized reduction in CO2 emissions: Xí Jìnpíng 习近平 effectively marked the end of new international coal financing in September by pledging China “will not build new coal-fired power projects abroad,” but the exact amount of coal power capacity that would be averted was not immediately clear. One study now has a rough estimate: According to the Boston University Global Development Policy Center, “646 million tons of annual CO2 emissions could be avoided, more than Canada’s current annual fossil CO2 emissions.” Additionally, a joint report from the Centre for Research on Energy and Clean Air (CREA) and Global Energy Monitor (GEM) found that China’s pledge would effectively cancel “two thirds” of planned coal power projects in Asian countries outside of China and India.
China Bans Brokerages Hiring Influencers, Live Streaming in Crackdown
Stock brokers can no longer use influencers to attract customers, China’s Securities Regulatory Commission said Monday, citing livestreamers’ tendency for sensationalism and risks to investors.
Biden Plans Global Infrastructure Financing to Challenge China's Belt and Road
The U.S. competitor to China’s Belt and Road Initiative, the “Build Back Better World” (B3W) program, might launch in January 2022 with up to 10 flagship projects, an unnamed senior U.S. official told Bloomberg. B3W was first announced during a G7 meeting in June. For more on the possible implications and perceptions of the program in the Global South, see coverage on the China-Africa Project.
When Will China Get Off Coal?
Reality check on climate goals: In a ChinaFile conversation, four experts — Lauri Myllyvirta, Alex Wang, Ilaria Mazzocco, and Philip Andrews-Speed — agree that China’s climate goals are feasible, though more details on policy implementation are needed. The experts pointed out that China has still not defined the level at which emissions are set to peak by 2030, and Andrews-Speed suggested that the 2060 carbon-neutral goal might not be possible unless China significantly ramps up carbon capture, usage, and storage (CCUS) technology.
