Industry — 377 insights
Is China’s massive island-building push at Antelope Reef nearing the finish line?
Industry

Is China’s massive island-building push at Antelope Reef nearing the finish line?

Satellite images suggest construction at the South China Sea atoll, now Beijing’s biggest outpost in the Paracels, is entering a new phase Meanwhile, four large, blue cylindrical storage silos have appeared at what looks like a concrete production plant in the northwest part of the reef, according to one image taken on June 24 – a sign that construction may be moving into the heavy infrastructure phase. Notably, one of the images released by the OSC showed that a long, reinforced quay was firmly in place in the southwestern corner of the lagoon. After a hiatus of nearly a decade, China jump-started its island-building campaign around October last year, when new dredging began at Antelope Reef, American news magazine Newsweek reported in early January, citing satellite imagery. A March analysis of satellite images by the Asia Maritime Transparency Initiative under the Centre for Strategic and International Studies (CSIS) estimated that roughly 603 hectares (1,490 acres) of land had been reclaimed at the reef, known as Lingyang Jiao in China and Da Hai Sam in Vietnam.

China’s optical chip breakthrough boosts AI speed 100-fold using fraction of compute power
Industry

China’s optical chip breakthrough boosts AI speed 100-fold using fraction of compute power

Peking University researchers develop new all-optical interconnect system linking standard electronic chips with specific algorithms AI models are permeating ever more applications, expanding the industry’s appetite for computational power. The conventional response has been to pile on more GPUs and build ever-larger data centres in a seemingly endless race for energy and brute force. The work was published in the journal National Science Review, and its corresponding authors include Shu Haowen and Wang Xingjun from Peking University. The “joints” connecting these FPGAs are two custom-designed communication hardware components. The first is a silicon photonic transceiver chip running at 400 gigabits per second, responsible for converting electrical signals to optical and vice versa.

Schools and tourist sites closed as Typhoon Bavi heads through northern China
Industry

Schools and tourist sites closed as Typhoon Bavi heads through northern China

Emergency alerts are in place as flooding affects Liaoning and Hebei provinces, destroying roads and trapping residents In Shenyang, capital of the northeastern province of Liaoning, all classes at junior high schools, primary schools and kindergartens were suspended for the day, along with construction work and outdoor activities, while 94 tourist attraction sites remained closed. Roads were also flooded, leading to the temporary closure of some bus routes and subway stations. A government notice said that more than 3,500 staff across 12 government departments were on duty for continued rescue and flood relief. Other employees were encouraged to work from home and reduce travelling to ensure safety. In Chengde, Hebei province – three hours from Beijing – flooding washed away several cars, according to media reports. Roads in about nine villages in the area were destroyed and villagers were trapped as heavy rain continued late into Sunday night. The city was still recovering from hail and rain in June. In some parts of Chengde, the situation last month was so severe that residents had to shovel their way out, according to media reports at the time.

How Chinese investors are supercharging Africa’s multibillion-dollar e-bike boom
Industry

How Chinese investors are supercharging Africa’s multibillion-dollar e-bike boom

By backing local production and infrastructure, Chinese firms are driving a shift to clean energy in Africa’s two-wheeler market The investors supply essential components and batteries for local assembly, while supporting infrastructure such as battery-swapping networks to ease the transition. The funding is part of a US$270 million financing round supported by Impact Fund Denmark, Equitane and the Fund for Export Development in Africa. Spiro is using the funding to scale its mission to replace petrol-powered motorcycles with electric bikes and build a continent-wide battery-swapping network. The deal opens the doors to Chinese suppliers, offering the manufacturing power and technology needed to grow quickly while avoiding common supply chain bottlenecks.

Flights and rail services resume across eastern China as Typhoon Bavi weakens
Industry

Flights and rail services resume across eastern China as Typhoon Bavi weakens

The storm, which brought major cities such as Shanghai and Hangzhou to a standstill, is still expected to bring torrential rain to many areas As of 9pm on Sunday, the storm was over Chuzhou city in the central province of Anhui, according to the National Meteorological Centre. Bavi, which had been downgraded to a tropical storm earlier in the day, was slowly moving to the north at speeds of around 15km/h (9mph), the centre said. The system is expected to veer northeast over Anhui province on Monday, cross the Shandong Peninsula into the northern waters of the Yellow Sea on Tuesday, and eventually transition into an extratropical cyclone. The storm had earlier brought strong winds and heavy rains to large swathes of the east coast, prompting the evacuation of around 2.4 million people in the path of the storm and causing thousands of flights and rail services to be cancelled. But as the conditions began to ease along the east coast, and some local authorities downgraded their weather warnings, services slowly began to return to normal. However, high winds and heavy rainfall were expected to continue across many parts of the country.

Don’t expect the rising tide of AI to lift all boats
Industry

Don’t expect the rising tide of AI to lift all boats

The brave new world of artificial intelligence (AI) is going to be a mixed and divisive blessing for governments – not least those of key Asian countries – as well as for financial markets. The AI revolution points to higher economic growth for economies linked to the tech supply chain, with others being left behind. It also signals the potential for financial crises. Balancing these risks will be tricky. The relative optimism, displayed in a recent report from the International Monetary Fund...

How overlapping US and China sanctions are complicating business in Africa
Industry

How overlapping US and China sanctions are complicating business in Africa

Compliance inquiries surge as broad range of industries at risk, spanning mining, banking, telecoms, technology, energy and infrastructure US-imposed sanctions targeting other countries and a growing list of Chinese laws aimed at countering the measures are creating a compliance minefield for African businesses dealing with the world’s top two economies. At risk is a broad range of industries including mining, banking, telecommunications, technology, energy, infrastructure and others in which African businesses are simultaneously exposed to US and Chinese counterparties, according to analysts. Compliance consultants covering the continent have reported a surge in inquiries by companies and investors gauging their exposure. “China’s new regulations present a complex challenge for the continent as it is not a simple binary choice but a navigation of overlapping pressures,” said Cheta Nwanze, a partner at SBM Intelligence, a risk consultancy based in Lagos, Nigeria. Investors coming into Africa were increasingly devoting significant effort and resources to ensuring their operations did not violate the sanctions and export controls, Nwanze added.

Renewed US-China AI dialogue serves US security interests: former officials
Industry

Renewed US-China AI dialogue serves US security interests: former officials

Ex-officials say AI safety talks offer Washington valuable insight into Beijing’s advances, risks and vulnerabilities A new round of US-China dialogue on the risks of artificial intelligence, even just for the sake of dialogue, will be important for furthering US national security, according to former senior US officials responsible for China affairs. Jeannette Chu, one of the longest-serving US diplomats in China who was senior export control attache at the US embassy in Beijing between 2005 and 2010, said that dialogue with Chinese officials on the fast-moving technology should be seen as furthering “self-preservation from a national security standpoint” for the US. “It’s really important that we keep talking because it’s … how we get visibility into where China is going [with AI], how are they doing it, what are their successes and failures,” she said at an Asia Society event in San Francisco on Thursday. “Do you want to be shut out of what they’re doing … [so] you’re cutting yourself off from the ability … to understand [their] vulnerabilities, much less how to exploit it?”

The loudest voices in US-China trade talks? Christmas tree growers
Industry

The loudest voices in US-China trade talks? Christmas tree growers

It’s not yet the winter holiday season, but Christmas trees are back in the spotlight, caught in the geopolitical tug of war between Washington and Beijing. As the United States and China work to stabilise ties through a newly proposed bilateral trade mechanism, one of the most vocal groups weighing in is not the technology industry or manufacturers, but American Christmas tree growers determined to keep tariffs on Chinese-made artificial trees. Dozens of growers from across the country flooded...

Trump claims Iran wants to resume talks with US despite ceasefire breaches
Industry

Trump claims Iran wants to resume talks with US despite ceasefire breaches

US president’s remarks underscore the increasingly contradictory state of relations between Washington and Tehran The remarks underscored the increasingly contradictory state of relations between Washington and Tehran, with military exchanges resuming this week even as both sides appear willing to keep diplomatic channels open. Officials familiar with the discussions told Reuters that Doha was seeking to lower tensions and lay the groundwork for broader negotiations in coordination with Washington. The latest escalation followed Iranian attacks on US military facilities in Gulf states on Thursday, which Tehran said were retaliation for American strikes on targets in Iran’s southern coastal region and eastern provinces.

2 Chinese military naval pilots killed during PLA frontline training exercises
Industry

2 Chinese military naval pilots killed during PLA frontline training exercises

Rare local government disclosures reveal senior colonel and first lieutenant from South China Sea-facing theatre command died on June 10 Two Chinese military pilots, including a high-ranking tactical commander, were killed during frontline flight training exercises last month, according to official regional government notices and local media tracking. Beijing, which seldom discloses military fatalities, has not made any statement about the deaths, and it is not known if the pilots were killed in the same incident. As China aggressively modernises its armed forces, it has intensified training on new tactics and hardware to ensure its troops can adapt to the demands of modern warfare. One of the pilots, 38-year-old Fang Ming, was a senior colonel who served as a tactical commander under the People’s Liberation Army Southern Theatre Command Naval Aviation unit, according to a report by Hefei Daily on July 3. Fang, from Lujiang county in the central Chinese province of Anhui, enlisted in 2006, according to the state media outlet. The Lujiang local government posted a video on Monday saying that Fang died during flight training on June 10.

How AI is changing the nature of war and conflict
Industry

How AI is changing the nature of war and conflict

As US President Donald Trump flew home from a fractious Nato summit in Turkey, he was poised to resume the war with Iran, whose leaders he labelled “sick” and “scum”. Trump also complained about European leaders’ failure to spend enough on arms, support him in Iran and recognise the need for the US to take control of Greenland. The sense of rising global conflict has been palpable this week. What clearly showed at the summit of the transatlantic security alliance was confirmed by the latest...