Business

Trading begins on new Beijing Stock Exchange

A new Chinese stock exchange focused on SMEs began trading in Beijing on Monday, boosting support for smaller-scale firms as economic growth slows and Beijing cracks down on domestic tech giants.

Business

China tightens political control of internet giants

The ruling Communist Party is tightening political control over China's internet giants and tapping their wealth to pay for its ambitions to reduce reliance on U.S. and European technology.

Business

US, EU seek to boost cooperation through tech

US and EU officials will hold two days of high-level meetings in Pittsburgh this week in an effort to repair relations damaged under the administration of Donald Trump and boost cooperation on technology issues.

Business

China's Alibaba promises $15.5B for development initiatives

E-commerce giant Alibaba Group said Friday it will spend $15.5 billion to support President Xi Jinping's campaign to spread China's prosperity more evenly, adding to pledges by tech companies that are under pressure to pay ...

Automotive

China's auto sales up 27% in 2021, but hurt by chip shortage

China's auto sales rose 27% in the first half of 2021 from a year earlier but still were below pre-pandemic levels, and production and sales fell in June due to global shortages of processor chips, an industry group reported ...

Official: US might help others buy non-Huawei telecom gear

The United States is willing to help other countries finance purchases of next-generation telecom technology from Western providers so they can avoid Chinese tech giant Huawei, which Washington sees as a security threat, ...

German carmakers warn virus to shrink China market

China's car market could shrink up to seven percent year-on-year in 2020 as the effects of the novel coronavirus outbreak bite, Germany's VDA manufacturers' association said Thursday.

Engineering

Human-centered design for future mobility

Evolution of the way we move rapidly increased during the industrial revolution when the automobile replaced horse-drawn carriages. In the early 1900s, linear production lines—largely attributed to the Ford Motor Company—made ...

Business

Trump called Boeing CEO ahead of MAX shutdown: source

President Donald Trump phoned the head of Boeing ahead of the company's announcement on Monday that it was halting production of the 737 MAX, a person familiar with the matter said Thursday.

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