China unleashed the full might of its solar energy industry last year. It installed more solar panels than the United States has in its history. It cut the wholesale price of panels it sells by nearly half. And its exports of fully assembled solar panels climbed 38 percent while its exports of key components almost doubled. Get ready for an even bigger display of China’s solar energy dominance. While the United States and Europe are trying to revive renewable energy production and help companies fend off bankruptcy, China is racing…
Category: NYT
Chinese National Accused of Stealing AI Secrets From Google
A Chinese citizen who recently quit his job as a software engineer for Google in California has been charged with trying to transfer artificial intelligence technology to a Beijing-based company that paid him secretly, according to a federal indictment unsealed on Wednesday. Prosecutors accused Linwei Ding, who was part of the team that designs and maintains Google’s vast A.I. supercomputer data system, of stealing information about the “architecture and functionality” of the system, and of pilfering software used to “orchestrate” supercomputers “at the cutting edge of machine learning and A.I.…
Big American Tech Profits From Chinese Ad Spending Spree
The trade relationship between China and the United States has plenty of friction. But at least one area is booming: Chinese start-ups looking to establish a presence in the West are spending billions of dollars for advertisements on services owned by some of Silicon Valley’s biggest technology companies. Temu, the international arm of the Chinese e-commerce giant Pinduoduo, is flooding Google with ads for absurdly inexpensive goods. With an initial public offering looming, the fast-fashion merchant Shein is inundating Instagram with ads for clothes and accessories at rock-bottom prices. Developers…
John Kerry: ‘I Feel Deeply Frustrated’
When former Secretary of State John Kerry stepped into a newly created post as America’s top climate diplomat in 2021, the reputation of the United States abroad was, in his words, “in the crapper,” and the pathway to meeting the world’s climate goals looked, to most, very narrow. Kerry, now 80, is stepping down this week to take a role on the Biden re-election campaign. In the last three years, the climate landscape has changed in two big and contradictory ways: The goal the world set in Paris in 2015…
The Chinese Immigrants Making Their Way to New York City
When busloads of migrants from Venezuela and Latin America started turning up on New York City streets in 2022, it spurred a crisis that has overwhelmed city shelters and incited protests over immigration policies. And while Mayor Eric Adams and city leaders have sought to slow the pace of new arrivals, there has been another, smaller but also growing group of migrants coming into the city — largely unnoticed. Thousands of Chinese migrants have also made their way to New York, with many following on the heels of migrants from…
China Cancels a News Conference, Shutting a Window for Its People
For more than 30 years, the Chinese premier’s annual news conference was the only time that a top leader took questions from journalists about the state of the country. It was the only occasion for members of the public to size up for themselves China’s No. 2 official. It was the only moment when some Chinese might feel a faint sense of political participation in a country without elections. On Monday, China announced that the premier’s news conference, marking the end of the country’s annual rubber-stamp legislature, will no longer…
6 Charged With Smuggling Goose and Duck Intestines From China
Some were in crates marked as “pet nail clippers.” Others were hidden under packaged rattlesnakes, a complaint filed in Federal District Court in Brooklyn said. The crates concealed exotic delicacies that were illegal contraband, the complaint said: raw goose and duck intestines, sent from China and destined for New York City shops and restaurants. Federal agents arrested six people on Tuesday and charged them with smuggling the organs through Los Angeles between August 2022 and May 2023, though the complaint also mentions illicit shipments as recently as January. The defendants…
Is China’s Era of High Growth Over?
China’s real growth agenda China announced an official growth target of about 5 percent on Tuesday that’s already looking hard to pull off. The world’s second-biggest economy is facing headwinds, from a consumer slowdown to weak investor confidence and a trade war with the West. But the growth target only tells part of the story of how Beijing is rethinking economic policy. Left out of the pronouncements: a stimulus package. Investors watch the annual gathering of the National People’s Congress, the country’s rubber-stamp parliament, and a parallel meeting of China’s…
China’s Big Political Show Is Back to Normal. Sort of.
Finally, it appeared, things were back to normal. As nearly 3,000 delegates filed into Beijing’s Great Hall of the People on Tuesday for the opening of China’s annual legislative meeting, none wore face masks. Officials pressed together to shake hands and pose for photos. Around them, reporters and diplomats from around the world milled about the cavernous lobby, many invited back for the first time since the outbreak of the coronavirus pandemic four years earlier. It was one of China’s highest-profile political stages, and the message being sent was clear:…
China’s New Economic Agenda, a Lot Like the Old One: Takeaways
Beijing was abuzz with politics on Tuesday. China’s annual legislative meeting — the National People’s Congress, when Communist Party leaders promote their solutions for national ills — opened for business. The event is a chance for the leaders to signal the direction of the economy and outline how and where the government will spend money in the coming year. Yet while aiming high, they offered little. Officials signaled that they were not ready for any showstopping moves to revive an economy battered by a property crisis, the loss of consumer…