The myth of Chinese overcapacity
Early in the morning, factory whistle blows
Block 1 asian news
Preliminary takeaways of Iran’s assault on Israel
Here are the preliminary results from the Iranian attacks on Israel over the weekend:
When supply creates demand: Yellen’s errors of omission
US Treasury Secretary Janet Yellen on April 8 warned China that rising investment in new industries will lead to “significant risk to workers and businesses in the United States and the rest of the world,” adding that China “is now simply too large for the rest of the world to absorb this overcapacity.” Secretary Yellen said:
Global economy now has its own ‘Three-Body Problem’
TOKYO — Analysts at Fitch Ratings have been a busy bunch in recent months warning of debt landmines in the two biggest economies.
Air defenses gone, Russia dominates Ukraine airspace
By their own admission, the Ukrainians desperately need air defenses. Most of the high end systems previously delivered from the US and Europe either have been destroyed or have run out of interceptor missiles.
Who’s to challenge Silicon Valley, Shenzhen in AI?
The 21st century has witnessed an unprecedented surge in technological advancements, with artificial intelligence emerging as a worldwide transformative force across the economy. The integration of AI-based technologies into regional economies through the manufacturing and design of goods such as smartphones and smart speakers has sparked significant changes, leading to increased efficiency, innovation and economic growth.
Japan and AUKUS are headed for limited cooperation
With Japanese Prime Minister Fumio Kishida visiting Washington this week, rumours have circulated that Japan might soon join the AUKUS security pact between Australia, the United States and the United Kingdom.
Per Ukraine, Taiwan boosts maritime drone production
Taking a page from Ukraine’s naval warfare playbook, Taiwan aims to ramp up the production of unmanned surface vessels (USVs) to fend off a possible Chinese invasion.