‘Made In China 2025’: a peek at the robot revolution under way in the hub of the ‘world’s factory’

Amid the sprawl of drab, dusty concrete factories in Shunde district in the southern Chinese city of Foshan, one gleaming new structure stands out.
The 40,000 square metre (430,000 square feet) factory, designed by an American architect, cost 120 million yuan (US$17.5 million) to build and is expected to triple Jaten Robot & Automation’s annual production to 10,000 robots.
Just a few miles away, work is under way on an 800,000 square metre, 10 billion yuan industrial estate that will…
Source: SCMP – China

How China aims to dominate the world of robotics

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Source: SCMP – China

Former US trade representatives agree: they wouldn’t do it Trump’s way

Former United States Trade Representatives (USTRs) on both sides of the political aisle heaped scorn on the Trump administration’s approach to global trade on Monday, even as the government prepared to slap another round of import tariffs on China products.
At a discussion hosted by the Washington-based Centre for Strategic and International Studies, six former chief US trade negotiators decried the protectionist trade policies the Trump administration is pursuing and warned of the…
Source: SCMP – China

US, EU and China vie for influence in Eastern Europe

US President Donald Trump on Monday reaffirmed Washington’s support for a business summit that aims to increase connectivity in Eastern Europe and improve ties between the region and the US and European Union.
But the West is not the only major player in the region.
Shortly before European Commission President Jean-Claude Juncker and US Energy Secretary Rick Perry arrived in Bucharest for the two-day Three Seas Initiative Business Forum, Romanian Prime Minister Viorica Dancila met a top…
Source: SCMP – China

Are China’s toxic running tracks still poisoning its children?

An outbreak of nosebleeds among pupils in two Chinese provinces at the start of the new school year is being investigated to see whether toxic chemicals in running tracks are to blame.
The incidents happened just as the Ministry of Education began rolling out a set of upgraded standards, released in May for implementation in November, for synthetic materials used in the sports grounds of infant and primary schools across the nation.
The regulations were developed in response to widespread…
Source: SCMP – China

Trade war will not derail China’s promise to open up its financial markets, central bank chief says

China is committed to opening up its financial services markets to foreign players irrespective of the trade war with the United States, the head of its central bank said on Sunday, countering claims it had suspended licence applications as a result of the dispute.
The People’s Bank of China (PBOC) would “implement” agreed plans for the move, governor Yi Gang told reporters on the sidelines of a forum in Beijing, which was also attended by Chinese Vice-Premier Liu He.
Source: SCMP – China

Is Beijing’s offer of residence permits to Taiwanese a trick or treat?

A small smart card introduced by Beijing that offers Taiwanese a range of incentives to live and work on the Chinese mainland has generated an outsize controversy over whether its real aim is to win over residents of the self-ruled island and pave the way for future unification.
Since the start of the month, people from Taiwan, as well as those from Hong Kong and Macau, who have worked or studied on the mainland for more than six months have been eligible to apply for the new residence permits…
Source: SCMP – China

Pakistan’s army chief visits Beijing after ‘Silk Road’ tension

Pakistan’s army chief General Qamar Javed Bajwa began a three-day visit to China on Sunday, Pakistan’s military said, days after a Pakistani minister stirred unease about Chinese Silk Road projects in the South Asian nation.
Bajwa is the most senior Pakistani figure to visit staunch ally China since the new government of Prime Minister Imran Khan took office in August, and his trip comes a week after China’s top diplomat visited Islamabad.
Pakistan has deepened ties with China…
Source: SCMP – China

China may reject new trade talks, won’t negotiate ‘with a gun pointed to its head’

The Chinese government may decline to participate in proposed trade talks with the United States later this month if the Trump administration moves forward with additional tariffs on imported Chinese goods, The Wall Street Journal reported on Sunday, citing Chinese officials.
The US had proposed the talks, but at the same time moved forward with planning additional tariffs on some US$200 billion of Chinese products, The Journal reported.
The report quoted one senior Chinese official saying the…
Source: SCMP – China

Beijing urged to print more money to help China cope with Donald Trump’s trade war

Beijing should loosen its monetary policy to boost domestic demand as a way of managing the threat of additional tariffs from Washington, a former senior official said on Sunday.
“We must fully play up the role of monetary policy in bolstering domestic demand” when Donald Trump’s trade war is directly hitting the country’s export sector, Zheng Xinli, former deputy director of the Central Policy Research Office of the Communist Party told a seminar in Beijing.
Speaking at…
Source: SCMP – China

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