AI regulation will help drive, not deter, growth – as the biggest tech firms know

This is under way. Several governments that had signed up for high-level voluntary principles, such as the Organisation for Economic Co-operation and Development AI Principles, are moving to formulate and enact regulation. Global consensus is emerging with the convening of the two-day AI Safety Summit in Britain. The November event brought together government and business representatives from 28 nations, including the United States, China and India, as well as the European Union. A landmark declaration pledged cooperation in ensuring AI is used in a “human-centric, trustworthy and responsible” way. Much…

China vaults salt with saline-tolerant crops, increasing yields and advancing food security goals

As extreme weather events battered China’s traditional breadbaskets and abrupt geopolitical shifts made reliable grain prices a thing of the past, Beijing has ramped up its campaign to safeguard food security, employing a variety of methods to expand yields and cultivate more efficiently. To guarantee its 1.4 billion people can be fed without despoiling its limited stocks of arable land – a paradox that has always been a major hurdle to self-sufficiency -the country has explored ways to grow in soils dense with plant-killing salts and minerals. These efforts have,…

US accuses Iran of attacking tanker in Indian Ocean

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A chemical tanker operating in the Indian Ocean has been attacked by a drone launched from Iran, according to the US military, expanding the threat faced by international merchant shipping. The Pentagon said in a statement that the Chem Pluto was hit about 200 nautical miles from the coast of India on Saturday by a “one-way attack drone fired from Iran”. It was the seventh assault by Iranian forces on…

Escaping Xi’s China by paddleboard: ‘I rushed into the water and thought if they catch me, they catch me’

When Li Cheng En pushed his standup paddleboard off the Xiamen beach on China’s Fujian coastline, a mother and son stood nearby, watching him. It was dark, and he moved quickly, but felt sure he’d be caught. Li had spent the day scouting for a secluded beach from which he could launch his bold plan to flee China. But everywhere he went there were fences or security guards and cameras. “At around 7.30pm, when I decided to go, I thought that there was no more choice for me,” he says.…

China’s video gaming watchdog speaks out after draft spending rules roil market

“During the drafting process, we received suggestions from the government, industry associations and companies in many ways,” the National Press and Publication Administration told the China Press and Publication News, its official paper. “The regulator will take public concerns on the … clauses into account and amend the regulations accordingly,” it said, adding the draft would be open for public comment until January 22. 32:53 The resurrection of China’s video gaming industry The resurrection of China’s video gaming industry Shares in Tencent Holdings, the world’s biggest video gaming company by…

Indonesia Nickel Smelter Furnace Blast Kills 13 Workers, Injures 38

JAKARTA, Indonesia —  Thirteen workers were killed and 38 were injured Sunday in the explosion of a nickel smelter furnace owned by Indonesia Tsingshan Stainless Steel (ITSS) on Sulawesi island, the owner of the industrial park where the smelter is located said. The blast occurred when workers repaired the furnace and installed plates at 5:30 a.m. on Sunday local time, killing eight Indonesian workers and five Chinese workers, Indonesia Morowali Industrial Park (IMIP) said in a statement. The fire was extinguished at 09:10 a.m., it added. “Based on initial investigations,…

Christian Group, Family Decry Detention of Another ‘House Church’ Elder in China 

bangkok —  Ding Zhongfu was awakened by loud pounding on his door. Five policemen greeted Ding, an elder in a Chinese church. The officers pinned him to the wall that Thursday morning in November and interrogated him while searching the apartment he shared with his wife, Ge Yunxia, and their 6-year old daughter. Ding’s family now pleads for his release after he was taken from his home in China’s central Anhui province on suspicion of fraud. In their first public comments on the case, the family denies that Ding committed…

How Russian and Chinese Interference Could Affect the 2024 Election

The U.S. government is preparing for its adversaries to intensify efforts to influence American voters next year. Russia has huge stakes in the presidential election. China seems poised to back a more aggressive campaign. Other countries, like Iran, might again try to sow division in the United States. As Washington looks ahead to the 2024 vote, U.S. intelligence agencies last week released a report on the 2022 midterm elections — a document that gives us some hints about what might be to come. Spy agencies concluded Russia favored Trump in…

How Chinese carmakers are overtaking Japanese, European rivals in South African market

According to data by the Automotive Business Council or Naamsa, Haval and Chery had some of the bestselling family SUVs and crossovers in the first 11 months of this year. In fact, analysis done by South African car advertising site Cars.co.za, based on the Naamsa data, showed that while previously the Volkswagen Tiguan had been the country’s top selling SUV, in the first 11 months of 2023 the Haval H6 was ahead with 5,032 units, while Tiguan was in second place with 3,165 units. Meanwhile in third place was the…

Large Parts of Australia Endure Heat Wave, Raising Bushfire Risk

SYDNEY —  Large swaths of Australia on Sunday sweated through heat wave conditions as authorities warned of a high bushfire risk in many parts of the country’s vast Western Australia state. The nation’s weather forecaster on Sunday issued heat wave alerts for the state and neighboring Northern Territory, warning temperatures in some regions could hit around 45 degrees Celsius. In Perth, the capital of Western Australia, the nation’s largest state, a maximum temperature of 35 C was forecast for Sunday, more than five degrees above the December mean, forecaster data…