Month: July 2025

Chinese researchers working on a new superalloy processing technique say their lab results suggest it could be used to build stronger and longer-lasting aircraft engines, according to state media. Advertisement Superalloy turbine discs are a core component of aircraft engines and the new technique to cool down the metal alloy faster during manufacturing could significantly improve performance, the official Science and Technology Daily reported on Friday. 01:09 New Chinese fighter jet seen over Chengdu tacitly confirmed by military New Chinese fighter jet seen over Chengdu tacitly confirmed by military With…

Paraguayan president Santiago Peña said Monday that his country would “stand firmly by Taiwan”, describing the 68-year diplomatic relationship as a strategic and values-based alliance that the country is prepared to defend “with all its strength and with a loud voice”. Advertisement Speaking at a Taiwan–Paraguay business forum in Asunción, Peña said his country’s partnership with the self-ruled island reflects Paraguay’s sovereign foreign policy and its commitment to democratic principles, not just economic interests. Paraguayan authorities said at the time that Xu Wei, a Beijing‑based envoy visiting Asunción for a…

China’s cost and efficiency advantages in drug development have been recognised at the world’s largest cancer research conference in the US, where companies were eagerly shopping for Chinese innovations, according to a new report. Advertisement Nearly a third of the presentations at the American Society of Clinical Oncology’s annual meeting last month involved drug candidates from Chinese companies, American brokerage Jefferies said on Monday in its “Shopping in China’s Biotech Supermarket” report. Chinese firms made 73 presentations at this year’s event, up from one a decade ago, it noted. The…

This year, Beijing’s Tsinghua University is up two spots to be just outside the top 10. Advertisement Peking University and Zhejiang University have also moved up the list, climbing to 25th and 45th respectively. The rankings are the latest list of the Best Global Universities compiled by American media company US News and World Report, which looks at 2,250 top institutions from 105 countries. The assessment focuses exclusively on the overall academic research and reputations of the universities, weighing up 13 factors, from publications to citation impact. This year’s results…

China’s rare earth exports surged in June to their highest level since December 2009, in what analysts said could be an early sign that recent behind-the-scenes agreements with the United States on the flow of critical minerals are beginning to bear fruit. Advertisement Exports of the elements reached 7,742.2 tonnes last month – a 60 per cent increase from the 4,828.7 tonnes recorded in June 2024 – and a 32 per cent jump compared to the 5,865 tonnes reported this May, according to customs data. Rare earth exports have become…

A financial dilemma has sent local-level financial authorities across China scrambling as they try to navigate a stablecoin frenzy that some say has become a breeding ground for chaos, with scams that have already duped millions. Advertisement As a result, several local governments have elevated stablecoins to the top of their agendas in recent weeks while issuing urgent warnings to investors about illegal fundraising and fraudulent schemes. With this in mind, the nation’s top financial authorities remain committed to financial innovation and adaptation. And regulators are doing their best to…