Chinese tech giant Lenovo doubles down on AI after world’s largest PC maker posts first quarterly revenue growth since late 2022

Lenovo Group, the world’s largest personal computer (PC) maker, said it is doubling down on various artificial intelligence (AI) initiatives, including new computing devices and services that support the technology, after reporting a 3 per cent year-on-year increase in revenue in the December quarter. The Beijing-based tech giant on Thursday said its revenue reached a better-than-expected US$15.7 billion, up from US$15.2 billion in the same period last year and ahead of analysts’ US$15.4 billion average forecast, amid a recovery in global demand to halt the company’s string of quarterly sales…

Could China’s economy-boosting infrastructure plans throw a contradictory monkey wrench in the works?

Yet, infrastructure still appears to be a main focus of investment, despite attempts to boost resources in “new strategic industries” and “hi-tech manufacturing”, according to provincial-level meetings that have been taking place over the past month. China’s growth being held back by ‘protectionism’ at local level, Beijing told Speaking to the Post on Thursday, economist Yu Miaojie, who is also the president of Liaoning University, noted how China’s leadership has identified “investment” as a major accelerator for its economy. Therefore, Yu expected that policy would remain focused on “increasing government…

US congressional delegation starts Taiwan visit amid heightened cross-strait tensions

Tsai, who is due to leave office in May, said the visit represents “staunch US support for Taiwan’s democracy through concrete action” and “highlights the close partnership between Taiwan and the United States”. Gallagher and four other members of the committee will spend three days in Taiwan as part of a visit to the wider Indo-Pacific region. 2 mainland Chinese fishermen return home after fatal Taiwanese coastguard chase The group is expected to meet senior Taiwanese leaders, including president-elect William Lai Ching-te, and civil society representatives to discuss relations with…

Singapore Airshow: Chinese officials make investment pitches in C919’s afterglow

China’s local governments took to the stage at the Singapore Airshow on Thursday to attract foreign investment to the country’s burgeoning aerospace industry, riding the jet stream from the maiden appearance of the home-grown C919 passenger plane. Officials from Langfang, a city in Hebei province near national capital Beijing, and Taicang of the eastern Jiangsu province, gave presentations at the international aviation event, pitching the advantages of China’s aviation sector to attendees. Their calls for further investment came after the narrowbody C919 passenger jet, manufactured by Commercial Aircraft Corporation of…

Chinese scientists produce powerful microwave chip for electronic warfare using diamond

“These new devices have superior performance, including high power, high frequency and ultra-low energy consumption,” said the team led by Wang Yingmin, chief expert of the 46th research institute of China Electronics Technology Group Corporation (CETC), in a peer-reviewed paper published in the Chinese academic journal Semiconductor Technology on January 31. While other nations are still grappling with this technology in the lab, China has already smoothed out the kinks in the production line. “A technological breakthrough of growing diamond directly on the GaN has been achieved in the industrial…

China’s coastguard claims it drove off Philippine ship from disputed Scarborough Shoal

The Chinese coastguard said it drove off a Philippine vessel that had “illegally intruded” into waters near the disputed Scarborough Shoal in the South China Sea – a claim disputed by the Philippines. In a statement on Thursday, the coastguard said it chased away the Philippine Bureau of Fisheries and Aquatic Resources (BFAR) ship – which it identified by the number 3002 – in accordance with the law. It did not give further details of the incident. The BFAR vessel is the BRP Datu Sanday, a ship that has previously…

China starts drafting bill to boost private sector and tackle sluggish post-Covid economy following major setbacks

The proposed bill, which debuted as the private economy promotion law, has been swung into the lawmaking process by the country’s top legislature, the justice ministry and top economic planner, China’s state broadcaster CCTV said on Wednesday. The private economy promotion law aims to “respond to enterprises’ concerns” and use legal measures to “effectively implement equal treatment of state-owned and private enterprises,” the justice ministry was quoted as saying by the state broadcaster. 03:26 Chinese youth trades corporate life for tattoo art as economy slows Chinese youth trades corporate life…

Cargo ship fractures bridge in Guangzhou, southern China, sending vehicles into the water below

Breaking | Cargo ship fractures bridge in Guangzhou, southern China, sending vehicles into the water below A cargo ship rammed into a bridge over the Pearl River in the city of Guangzhou, southern China on Thursday morning, sending vehicles into the water below. Authorities are on the scene managing traffic and investigating, but details of casualties remain uncertain. The cargo ship was travelling from Foshan’s Nanhai district towards Nansha in Guangzhou, southern China., Photo: X/whyyoutouzhele Images shown on state broadcaster CCTV show the Lixinsha bridge in the city’s Nansha district…

China food security: inflated crop yields threaten ‘rigour, authority’ of scientific research

China’s increased efforts to seek technological advancement in agriculture to ensure food security could be undermined by exaggerated figures in crop yield tests, state media has warned. While record-breaking yields of newly-developed food crop varieties have frequently hit the headlines in recent years, many of the results had been massaged for publicity purposes, said China Comment, a bimonthly magazine produced under the state-backed Xinhua News Agency. Local authorities and agricultural companies fabricated results to either enhance their image or secure financial support as China, with 1.4 billion mouths to feed,…

Growth in CO2 emissions leaves China likely to miss climate targets

China is off track on all of its core 2025 climate targets, despite the fact that clean energy is now the biggest driver of the country’s economic growth, analysis has found. After years of extraordinarily rapid growth, China is now grappling with a slowdown that is causing ripples internally and internationally. The government has supercharged the growth of the renewable energy industry but it has imultaneously poured stimulus funds into construction and manufacturing, and continues to approve coal power. China’s total energy consumption increased by 5.7% in 2023, in the…