Tag: East Asia
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China bets on AI for smarter, more resilient supply chains
At the recent China International Supply Chain Expo, companies showcased how artificial intelligence is helping manufacturers and logistics firms adapt to geopolitical uncertainty and changing global trade.
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Japan says ready to act as yen hits 40-year low
TOKYO: Japan’s finance minister said on Tuesday (Jun 30) that authorities were ready to take “appropriate action” after the yen hit a 40-year low against the dollar.The currency has been sliding for years
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Surging demand for Chinese air-conditioners amid record heatwave in Europe
In a TikTok video, French politician Geoffroy Boulard said he had air-conditioners, produced by Chinese manufacturer Haier, delivered to several schools in his district in Paris.
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South Korea demands change after dismal World Cup exit
South Korea’s World Cup elimination also earned the team a rebuke from the country’s president Lee Jae Myung, who pointed the finger at “incompetent people” and apologised to the nation.
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China adds 20 Japanese entities to export blacklist: Commerce ministry
Among them are the National Institute for Defense Studies and Mitsubishi Electric Defense and Space Technologies Corporation, said China’s commerce ministry.
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South Korea to unveil massive AI and chip investment drive
Local media have reported that the planned investments could exceed 1,000 trillion won (US$651.41 billion) over the coming years.
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South Korea, Japan reaffirm denuclearisation goal, closer defence ties
South Korea and Japan have been working to develop closer ties since 2022 and overcome sometimes bitter historical differences.
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China strips generals, ex-financial regulator, politburo member of lawmaker posts
A notice from the National People’s Congress Standing Committee provided no reason for the dismissals.
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Rural escapism: Why China’s young urbanites are romanticising countryside living
Amid burnout, economic uncertainty and rising costs, more young Chinese urbanites are romanticising rural living through social media, but experts say reality may be more complicated.
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Pilot killed when small plane crashed into Beijing skyscraper: Authorities
“The only person on board was the pilot, who died, and 13 people were injured at the scene,” said Beijing authorities.
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