China, AI and Data Center
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Cases of domestic violence in China point to a legal system that looks good on paper but is failing victims because of a lack of resources and political will.
In September the Dutch government took control of Nexperia, which is based in the Netherlands but owned by a Chinese company, citing national security concerns.
Taiwan must be allowed full and equal participation when China hosts APEC next year, the U.S. State Department said on Wednesday, after Taipei complained that Beijing had "added a lot of conditions" to its attendance.
A Chinese court has sentenced five top members of an infamous Myanmar mafia to death as Beijing continues its crackdown on scam operations in South East Asia. In all 21 Bai family members and associates were convicted of fraud, homicide, injury and other crimes, said a state media report published on the court website.
Two decades of sustained effort to build national self-reliance and minimize imports have antagonized trade partners but fortified what a senior adviser called Beijing’s “bulwark” against conflicts.
Starbucks announced Tuesday that it sold control of its stores in China to Boyu Capital for $4 billion. Starbucks will keep 40% and its intellectual property
The European Union says it has reached an agreement with China to stabilize the flow of rare earth materials crucial for high-tech and military products.
The German group also paid $700mn for a 5 per cent stake in Xpeng in 2023 and partnered with the Chinese EV maker to develop two VW-branded cars. The FT reported in June that Xpeng’s self-designed Turing AI chip would be used in these models.
Toyota, Honda and Suzuki are spending billions of dollars to build new cars and factories in India, a sign of the country's growing importance as a manufacturing hub as Japanese automakers redraw global supply chains to reduce dependence on China.