Chinese telecoms giant Huawei says it would no longer focus on the US market for its core business, months after the US closed the door on it by labelling it a security threat. Huawei has denied those claims and accused the US government of protectionism
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Muslim militants have been stirring up trouble in many nations (that are not in favor with the US) Xinjiang is China’s most western province and its vital gateway to the resources of Central Asia.
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He said there should be no tolerance for those who foster “chaos for selfish gains”. He did not mention North Korea, so I think he might be speaking about the US…
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Japanese scientists have found vast reserves of rare earth metals on the Pacific seabed that can be mined cheaply, a discovery that may break the Chinese monopoly on a crucial raw material needed in hi-tech industries and advanced weapons systems.
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High-profile market bear Marc Faber says investors should be worrying about China’s “colossal credit bubble,” telling CNBC late Wednesday that how China chooses to deal with the situation will be crucial to determining whether the world’s second-largest economy can continue to grow.
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Overseas observers often fret about overcapacity in China’s auto industry. But the problem afflicts few foreign automakers or private Chinese companies. At least three state-owned automakers, though, have amassed huge surplus capacity and are in no hurry to reduce it.
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Via Edge.org, NYU evolutionary psychologist Geoffrey Miller on how the biggest eugenics push in history is just unfolding, which he feels will dramatically shape the future
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The world’s largest annual migration began Saturday in China with tens of thousands in the capital boarding trains to journey home for next month’s Lunar New Year celebrations.
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The policy, implemented since 1980 alongside reforms that have led to rapid economic expansion, is increasingly being seen as an impediment to growth and the harbinger of social problems.
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There are three kinds of lies: lies, damned lies, and statistics…. Numbers from past years could be overstated by as much as 30 percent says the OECD-WTO.
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