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Asian news from China
Trading in China's SenseTime halted after shares pop 30% in Hong Kong
HONG KONG -- Trading in shares of SenseTime, the Chinese facial recognition giant, was halted after its stock price surged more than 30% on Wednesday morning in Hong Kong.
Singapore’s new ‘Invincible’ sub points to US-China war worries
Singapore has launched its fourth Type 218SG Invincible-class submarine, christened the RSS Inimitable and designed specifically for operations in Singapore’s trade-congested waters, according to multiple media sources.
A US strategy to trump China in SE Asia
The US can enhance trust and partnerships in Southeast Asia and change the region’s prevailing attitudes toward the great powers by focusing on three key pillars: intelligence-sharing, presence and multilateralism.
SenseTime shares soar more than 30% after announcing its latest generative AI model
Shares of SenseTime Group surged more than 30% on Wednesday, after the Chinese AI giant announced its latest generative artificial intelligence model, called SenseNova 5.0.
North Korea sends a delegation to Iran in a growing effort to break its diplomatic isolation
SEOUL, South Korea (AP) — A high-level North Korean economic delegation was on its way to Iran, the North’s state media said Wednesday, for what would be the two countries’ first known talks since the start of the COVID-19 pandemic.
Blinken Goes to China With Potential Trouble on Horizon
Secretary of State Antony J. Blinken will arrive in China on Wednesday to try to preserve the recent and delicate stabilization of ties between the United States and China, as tensions over trade, territorial disputes and national security threaten to derail relations again.
‘It Is Desolate’: China’s Glut of Unused Car Factories
On the outskirts of Chongqing, western China’s largest city, sits a huge symbol of the country’s glut of car factories. It’s a complex of gray buildings, nearly a square mile in size. The thousands of employees who used to work there have moved on. Its crimson loading docks are closed.