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Just Two Chinese Companies Account for More Than 50% of the Global EV Battery Market
Chinese companies remain firmly in control of the global electric vehicle battery market, with two companies accounting for more than half of the industry's entire production last year. Battery giant CATL and EV manufacturer BYD together had 53% of the total ...
China Rejects Philippine Cyber-Attack Accusations
The Chinese Foreign Ministry pushed back against claims by the Philippines government that hackers in China attempted to break into Manila's most sensitive computer networks. Foreign Ministry Spokesperson Wang Wenbin condemned the accusation on Wednesday and echoed earlier remarks by the ...
China Launches Egypt’s Newest Satellite Into Orbit
Egypt's NextSat-1 satellite blasted into space from a seaborne launch pad off the coast of Yangjiang in China's southern Guangdong province on Saturday. The small, microsatellite weighs only 67kgs and was shot into orbit on the back of a Jielong-3 (Smart Dragon-3) ...
China’s Maritime Research Has Military Role: Report
The government of Sri Lanka announced in early January that it is imposing a one-year ban on Chinese research vessels docking at its ports. Last year, Colombo got into a spat with India about allowing a Chinese ship to dock amid Indian fears about military surveillance.
Chinese EV Leader BYD to Launch in Indonesia
BYD, the Chinese car company that recently surpassed Tesla to become the world’s largest maker of electric vehicles, will launch its first products in the Indonesian market next week. As Southeast Asia’s largest market, Indonesia will be key to the regional rollout of ...
U.S. Becoming Increasingly Worried About Chinese EV Car Brands Setting Up Factories Across the Border in Mexico
The United States government is becoming nervous about the prospect of Chinese automakers building new factories in Mexico that would afford those new vehicles duty-free access into the U.S. market. MG, BYD and Chery are reportedly all in talks to build ...
Chinese Arms Arrive in Zimbabwe
Zimbabwean President Emmerson Mnangagwa officially received a consignment of weapons from China on Wednesday. The arms include armored fighting vehicles, personnel carriers, machine guns, and pistols. The weapons were handed over by China’s ambassador, Zhou Ding. While framing the consignment as a donation, Mnangagwa ...
Huawei is Going to Save Christmas in South Africa!
Chinese telecom giant Huawei wants to save South Africa from celebrating the Christmas holiday in the dark. The company's end of year marketing push in South Africa is focused on promoting its $3,400 Power-M battery back-up systems that can offset the ...
U.S. Counts on Tech Firms Like Nvidia and Apple to Improve Its Standing in Vietnam
The United States is laggard when it comes to foreign investment in Vietnam, not even among the top ten and far behind countries like South Korea, Japan and China. But that may soon change as more U.S. tech companies like Nvidia ...
iPhone Maker Foxconn to Invest $1.5 Billion in India as It Looks Beyond China
As it looks to build beyond China, Foxconn Technology will invest more than $1.5 billion in an Indian construction project to fulfill “operational needs,” the Apple supplier said Monday. Foxconn, based in Taiwan, has significant operations in mainland China. Foxconn’s factories ...
Huawei Expands Digital Power Products With New Distribution Deal in East Africa
The Chinese technology giant Huawei, once known only for phones and switches, is now pivoting quickly in East Africa to expand beyond telecommunications to new energy storage services in a new, rapidly expanding market. Huawei signed a distribution deal last ...
Chinese Stunt Fliers Hype Fighter Jets at Dubai Air Show
Seven Chinese-made J-10C fighter jets will take part in displays at the Dubai Airshow starting on Monday. They will be flown by the PLA Airforce’s Bayi Aerobatics team in-flight performances, including twenty different maneuvers. The exhibition is aimed at promoting the J-10C, a ...