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Asian news from China

Is the shine coming off Japan’s bullet trains? - asiatimes.com - Japan -  Tokyo - China - Usa - Indonesia - Britain

Is the shine coming off Japan’s bullet trains?

Just ten days before the 1964 Tokyo Olympic Games, Japan opened its Tokaido Shinkansen, a high-speed rail line connecting Tokyo with Osaka. Shinkansen bullet trains showcased the high quality of Japanese railway technology to the world, with trains traveling at up to 285 km/h (177 mph).

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Nissan says it will make next-generation EV batteries by 2028 - apnews.com - Japan -  Tokyo - China

Nissan says it will make next-generation EV batteries by 2028

YOKOHAMA, Japan (AP) — Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said Tuesday during a media tour of an unfinished pilot plant.

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SHAUN TURTON - Manasseh Sogavare - Nikkei staff writer - Pro-China leader faces election test in Solomon Islands - asia.nikkei.com - China - Solomon Islands

Pro-China leader faces election test in Solomon Islands

SYDNEY -- Voters in the Solomon Islands will cast ballots on Wednesday in a national election that could determine the Pacific nation's relations with China amid increasing geopolitical competition in the region.

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Xi Jinping - Olaf Scholz - CK Tan - Nikkei staff writer - Xi tells Germany's Scholz to look at industry overcapacity 'objectively' - asia.nikkei.com - China -  Shanghai - Germany

Xi tells Germany's Scholz to look at industry overcapacity 'objectively'

SHANGHAI -- Chinese President Xi Jinping met German Chancellor Olaf Scholz on Tuesday, calling for a "long-term" and "strategic" approach to ties between the world's second- and third-largest economies amid rising geopolitical tensions and spiraling conflicts.

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AZUSA KAWAKAMI - Nikkei staff writer - Tesla to cut workforce as China accelerates into EV sector - asia.nikkei.com - China - New York

Tesla to cut workforce as China accelerates into EV sector

NEW YORK -- Tesla CEO Elon Musk told employees on Monday that the electric vehicle giant is cutting 10% of its global workforce, marking the latest fallout from an intensifying EV price war as Chinese companies accelerate into the sector.

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ECHO WONG - Nikkei staff writer - China's clampdown on data spreads to real-time stock information - asia.nikkei.com - China - Hong Kong -  Hong Kong -  Shanghai -  Shenzhen

China's clampdown on data spreads to real-time stock information

HONG KONG -- Three major exchanges in China plan to stop disclosing real-time trading volume data starting in mid-May, claiming the move is aimed at taming market volatility, but it has also raised concerns among investors on data transparency.

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Gabriel Honrada - US to convert oil rigs into floating missile defense sites - asiatimes.com - China - Usa - Washington - county Pacific

US to convert oil rigs into floating missile defense sites

The US Navy has unveiled plans to convert surplus oil rigs into mobile missile defense and resupply facilities, a seemingly risky and costly scheme to address rising US vulnerability to rival missile threats in the Pacific.

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Xi Jinping - Alexandra Stevenson - Li Qiang - Olaf Scholz - Germany’s Leader Walks a Fine Line in China - nytimes.com - China - Usa - Russia -  Beijing -  Shanghai - Ukraine - Germany - Eu - state Diaoyutai

Germany’s Leader Walks a Fine Line in China

Chancellor Olaf Scholz of Germany tried to strike a delicate balance on a trip to China this week, promoting business ties with his country’s biggest trading partner while criticizing its surge of exports to Europe and its support for Russia.

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