Day: November 5, 2025

China’s university boom has helped boost US postgraduate education and local economies in college towns, according to a new study. Advertisement The country’s massive higher education expansion – which lifted annual undergraduate enrolment in China from about 1 million in 1999 to 9.6 million by 2020 – resulted in waves of students going abroad and produced measurable effects inside US universities, according to a team at the National Bureau of Economic Research, a non-profit based in Cambridge, Massachusetts. The study said that for every 100 graduates in China, about three…

China’s key trade negotiator, Li Chenggang, has called on the US to create “a favourable atmosphere” for agricultural cooperation between the two countries. Advertisement “We hope the US will work together with China, with a focus on the broader picture, to create a favourable atmosphere for practical cooperation in areas such as agriculture,” Li told a visiting US agricultural trade delegation in Beijing on Tuesday, according to a statement published by the Ministry of Commerce on Wednesday. Li said there had been some “fluctuations” in agricultural trade between the two…

Chinese self-driving technology firm WeRide, fresh off raising HK$2.39 billion (US$307 million) in a Hong Kong share sale, plans to rev up commercialisation of autonomous taxis and expand into markets like the Middle East, Southeast Asia and Japan. Advertisement Tony Han, founder and CEO of the Guangzhou-based company, said WeRide would deploy 10,000 robotaxis worldwide over the next few years, adding that its fleet could eventually grow to hundreds of thousands in line with the ultimate goal of “supplying more ubiquitously available global taxi service”. “WeRide, as the first mover…

In the 10th year since founding Pony.ai in the US, James Peng has completed the autonomous-driving company’s second share listing, with its debut on the Hong Kong stock exchange on Thursday coming less than a year after it started trading on the Nasdaq. Advertisement “Because our home base is in China, I think listing in Hong Kong will definitely help us in terms of branding, in terms of the proximity to our home base,” Peng said in an interview. Based in Guangzhou and incorporated in the Cayman Islands, Pony.ai raised…

China’s start-up developers of artificial intelligence applications significantly lag behind their US counterparts in global recurring revenue, making overseas expansion the default strategy for these mainland firms, according to a new report. Advertisement As of August, only four of the world’s top 100 AI apps from private companies by annual recurring revenue (ARR) were Chinese, according to a report jointly released last week by domestic research firm Unique Research and San Francisco-based consultancy Tech Buzz China. The four Chinese players – Glority, Plaud, ByteDance and Zuoyebang – generated an estimated…

With US President Donald Trump’s unabashed claim of ending eight wars in eight months hogging the limelight, China’s handling of both intrusions along its border with Myanmar and the Cambodia-Thailand border dispute has gone relatively unnoticed. Advertisement In stark contrast to America’s dramatic and forceful brokering of peace deals, Beijing has adopted a calibrated and generally reactive response to Myanmar’s border intrusions and supports Asean taking the lead on the Cambodia-Thailand border dispute resolution. The Myanmar military has intruded into China on a number of occasions. In August 2009, an…

A senior Chinese general has called for the military to be prepared to “live a tight life” and cut costs on multiple fronts in an elaboration of the 15th five-year plan. Advertisement The remarks by Qiu Yang, deputy director of the General Office of the Central Military Commission, were made in an article published last week and included in a supplementary reader for the Communist Party’s policy recommendations on the five-year plan covering 2026-2030. The recommendations were issued following the closing of the fourth plenum of the party’s Central Committee…