Daily Archives: May 10, 2024

2024-05-10: News Headlines

Julianne Tveten, Fairness, Accuracy in Reporting. (2024-05-10). TikTok Law Is An Attempt To Censor, Not A Warning To Big Tech. popularresistance.org As US lawmakers' agitation over TikTok culminates in a law that threatens a nationwide ban if the social media platform isn't sold to a US buyer within nine months, an emergent media narrative finds a silver lining. Every legislative move targeting TikTok, the story goes, has the potential to inspire much-needed regulation of tech behemoths like Meta, Amazon, Google and Apple. | But by conflating the US's legal treatment of TikTok—a subsidiary of the Beijing-based ByteDance—with that of its own tech industry, media obscure the real reasons for the law's passage. This was apparent in a New York Times p…

infobrics (2024-05-10). Serbia's close ties with China show its future lies in BRICS. infobrics.org Xi Jinping pointed out that relations between China and Serbia are "sealed by blood" and that "the friendship of the countries will forever remain in the common memory of the Chinese and Serbian people". Such words certainly resonate quite strongly in both countries.

Pablo Ruiz Espinoza (2024-05-10). USA: Between war and the courage to negotiate. pressenza.com President Joe Biden's recent decision to approve a $95 billion military aid package for Ukraine, Israel, and Taiwan is very bad for the world because it assures us that conflicts and military escalation will continue, with undoubted consequences for everyone. | Before this presidential approval, DW News reported that the US House of Representatives had approved the military aid package, showing a representative speaking on the floor of the US Congress with a picture of Russian President Vladimir Putin, China's Xi Jinping, and Iran's Ebrahim Raisol-Sadati on a lectern behind him. | The image more than eloquently s…

newleftreview (2024-05-10). Richard Beck: Bidenism Abroad. newleftreview.org Panoramic survey of US foreign policy as Washington attempts to maintain its global hegemony in conditions of faltering growth. Containing China, confronting Russia, driving decarbonization: each of Biden's stated aims has been beset by insoluble contradictions from the outset, Richard Beck argues, now compounded by Israel's punitive war on Gaza.

Dave DeCamp (2024-05-10). Chinese Military Monitors US Warship's Transit Through Taiwan Strait. news.antiwar.com The Chinese military said that it monitored the transit of a US Navy Destroyer that sailed through the Taiwan Strait on Wednesday, which came as the US and the Philippines are conducting major drills in the region. Col. Li Xi, spokesman for the Chinese military's Eastern Theater Command, condemned the USS Halsey's transit and said …

Michael Hudson (2024-05-10). The Parallels Between Archaic Entrepots and Modern Offshore Banking Centers. counterpunch.org A discussion of the origins of urbanization may provide some insight into the character of modern social problems by highlighting the long historical dynamic at work. It may not be out of place here to point out that anti‚Äëstates are well known in the modern world, above all in what the U.S. Federal Reserve Board classifies as eleven offshore banking centers. Five such enclaves are in the Caribbean: Panama, the Netherlands Antilles (Curacao), Bermuda, the Bahamas, and the British West Indies (Cayman Islands). Three enclaves—Hong Kong, Macao, and Singapore—were founded to conduct the C…

latintimes (2024-05-10). Chip Giant TSMC's April Revenue Jumps 60% On-year. latintimes.com Taiwanese chip giant TSMC said on Friday that April revenue jumped nearly 60 percent on-year, riding a huge wave of demand for the advanced semiconductors used in AI hardware.

latintimes (2024-05-10). Einstein And Anime: Hong Kong University Tests AI Professors. latintimes.com Using virtual reality headsets, students at a Hong Kong university travel to a pavilion above the clouds to watch an AI-generated Albert Einstein explain game theory.

Ileana Ferrer Fonte (2024-05-10). China condemns unilateral US sanctions on its firms. plenglish.com Foreign Ministry Spokesperson Lin Jian stressed the legitimate right of China and Russia to engage in usual economic and trade cooperation, which should not be interfered with or restricted. | The spokesperson also underscored the constant US crackdown on Chinese companies under the pretext of "national security risks" without providing any evidence. | He urged Washington to halt the generalization of this concept and stop politicizing, exploiting, and militarizing economic, trade, and technology issues. | "China will continue to take necessary steps to defend firmly, the legitimate rights and interests of its e…

Redacción Chile (2024-05-10). The BRICS — Is another world possible? pressenza.com The BRICS is the name given to the group of five countries that began to form this group and to work consensually in areas such as trade, investment, technology, and finance, to promote their common interests on the world stage, seeking to counter the hegemony of other international institutions such as the G7 or the World Bank. The group was formally established in 2006 when the leaders of the member countries met in New Delhi, India. In 2010, South Africa joined the group to form what is now known as BRICS (Brazil, Russia, India, China, and South Africa). | By Felix Madariaga | The BRICS are seen by many as an…

ecns.cn (2024-05-10). Market lauds realty policy easing in Hangzhou, Xi'an. ecns.cn By taking the lead among major cities in scrapping all restrictions on homebuying, Hangzhou and Xi'an have set the tone in terms of effecting measures that boost market confidence and help the market to stabilize…

Ralph Jennings (2024-05-10). China scouts Hungary to power EV battery production and sell to wider, warier EU. scmp.com As China looks to tap Europe's vast market for lithium batteries, Hungary has become an attractive destination for production to make logistics simpler — and bypass EU trade investigations.

ecns.cn (2024-05-10). China allows the import of Hungarian fresh cherries that meet relevant requirements. ecns.cn China's General Administration of Customs (GAC) announced on Friday that it has allowed, effective immediately, the import of Hungarian fresh cherries that meet relevant requirements.

ecns.cn (2024-05-10). In Numbers: Highlights of China-Hungary relations. ecns.cn

ecns.cn (2024-05-10). China in Diplomat's EyesÔΩúVibrant China through lens by Jordanian diplomat. ecns.cn From the ancient city of Xi'an to the host city of the 19th Asian Games, Hangzhou, and from the world-famous "porcelain capital" of Jingdezhen to modern cities like Beijing and Shanghai, China showcases both profound history and vibrant development momentum with rapid changes, as captured through the lens of Ma'moun Al Faqier, Second Secretary of the Embassy of the Hashemite Kingdom of Jordan.

ecns.cn (2024-05-10). China-U.S. trade remains stable in first four months of 2024. ecns.cn The U.S. remained as China's third largest trade partner in the first four months this year, with the total trade volume between the two countries rising by 1.1 percent year-on-year.

Reuters (2024-05-10). Chinese companies hit with US trade restrictions over spy balloon incident. scmp.com Other entities were added to the list for allegedly trying to obtain US quantum technology for China, or for seeking US parts for military drones.

ecns.cn (2024-05-10). Full text: China-Hungary Joint Statement on the Establishment of an All-Weather Comprehensive Strategic Partnership for the New Era. ecns.cn The following is the full text of a joint statement on the establishment of an all-weather comprehensive strategic partnership for the new era released by China and Hungary on Thursday.

ecns.cn (2024-05-10). Insights | 'Most important partner': former Serbian senior diplomat spoke highly of Serbia-China ironclad friendship. ecns.cn Serbia has perceived China as the most important partner in modernizing its economy, said Zivadin Jovanovic, president of the Belgrade Forum for a World of Equals and Silk Road Connectivity Research Center and former Serbian senior diplomat, during an interview with China News Network recently.

ecns.cn (2024-05-10). Beijing, Budapest carry ties forward. ecns.cn President Xi Jinping said on Thursday that the China-Hungary relationship is now at its best in history, and he called on the two sides to summarize the valuable experience of the past and continue deepening practical cooperation in various sectors.

Khushboo Razdan (2024-05-10). New tech, old conflict: gallium claim pits US future priorities against environmental impact. scmp.com A project to mine gallium in a national forest would help reduce US reliance on China but it faces local opposition from conservationists.

ecns.cn (2024-05-10). Agreement boosts joint work on parks. ecns.cn An agreement to promote friendly cooperation between China's Giant Panda National Park and the Pyrenees National Park in France was recently reached by the National Forestry and Grassland Administration and the French Biodiversity Agency, the administration has announced.

ecns.cn (2024-05-10). Intelligent heavy-haul electric locomotive rolls off production line in C China. ecns.cn China's first intelligent heavy-haul electric locomotive officially rolled off the product line in Zhuzhou, Hunan Province on Thursday.

Khushboo Razdan (2024-05-10). Eric Garcetti, US ambassador to India, emphasises American trust in New Delhi amid China threats. scmp.com Eric Garcetti defends India's role as check against China, pointing out its early TikTok ban and loss of soldiers along the disputed border.

ecns.cn (2024-05-10). Two Chinese mega-cities lift curbs on buying homes to shore up real estate market. ecns.cn Two Chinese mega-cities, Hangzhou in East China's Zhejiang Province and Xi'an in Northwest China's Shaanxi Province, said on Thursday they would lift all home purchase restrictions to shore up the local real estate market and boost market confidence.

Mark Magnier (2024-05-10). Chinese billionaire sentenced 7 months by US federal court for illegal political donations and fraud. scmp.com Now facing deportation, Qin Hui decried for 'brazen flouting' in case said to involve campaign contributions to New York city mayor and US congressman.

Daniel Wagner (2024-05-10). Contain China? Washington, that ship has sailed. scmp.com Unlike the Soviet Union in the 1980s, China has a highly diversified economy and capable defences making it unlikely to collapse or be contained. Despite what some pundits in Washington may believe, much of the world would not readily join the US in a war or containment strategy against China…

ecns.cn (2024-05-10). Full Text: Outcome list of President Xi Jinping's state visit to Hungary. ecns.cn From May 8 to 10, 2024, President Xi Jinping of the People's Republic of China paid a state visit to Hungary.

Reuters (2024-05-10). 2 Britons accused of spying for China, to face trial for breaching UK secrets act. scmp.com The men, ex-researcher Christopher Cash, 29, and Christopher Berry, 32, were charged last month with providing prejudicial information to China in breach of the Official Secrets Act.

ecns.cn (2024-05-10). Scenery of karst sinkhole in Guangxi. ecns.cn Sunshine casts into a karst sinkhole in Hechi, south China's Guangxi Zhuang Autonomous Region, attracting many visitors.

ptcnews.tv (2024-05-10). India's Navy may face new challenges with China's new super-carrier. ptcnews.tv PTC News Desk: Following a brief sea testing, the 80,000-ton warship known as the Fujian, China's first super-carrier on Friday, has returned to port. An important turning point in China's military and naval capabilities has been reached with the construction of the aircraft carrier, the country's most sophisticated vessel of its kind.According to the reports, China's first indigenous aircraft carrier design, the Fujian, or Type 003 class carrier, is the first to use electromagnetic catapults and an integrated propulsion system. The goal of the electromagnetic catapults, which will eventually replace the traditi…

ecns.cn (2024-05-10). Insights | Head-of-state diplomacy boosts France-China relations: French scholar. ecns.cn The state visits of President Xi to three European countries signal peace, cooperation, and dialogue, as they are occurring in the context of huge tensions, said Sébastien Drochon, senior fellow of the Schiller Institute in France, in an exclusive interview with China News Network.

ecns.cn (2024-05-10). Insights丨Mutual trust reinforces Serbia's ironclad friendship with China: former Serbian senior diplomat. ecns.cn Jovanovic spoke highly of the ironclad friendship between Serbia and China, which was reinforced by mutual trust. He also expressed hopes for more cooperation in the future.

ecns.cn (2024-05-10). Expert on Xi's 'European moment': Europe and China should meet each other halfway. ecns.cn Cui Hongjian said that both China and Europe share a strong consensus on countering hegemony and pursuing multi-polarization, while their economic cooperation remains resilient, with Europe demonstrating a growing willingness to collaborate with China.

ecns.cn (2024-05-10). China urges U.S. to create enabling environment for bilateral cooperation: FM. ecns.cn China urged the U.S. to create an enabling environment for bilateral relations and cooperation across various fields, noting that the generalization of the concept of national security will finally harm its own interests.

ecns.cn (2024-05-10). Envoy: China's South-South advocacy boosts trade, investment. ecns.cn China's ambassador to the United Nations on Thursday emphasized that the country will persist as a strong advocate for South-South cooperation and support its trade and investment for sustainable development.

Reuters (2024-05-10). Chinese companies hit with US trade restrictions over 'spy balloon' incident. scmp.com Other entities were added to the list for allegedly trying to obtain US quantum technology for China, or for seeking US parts for military drones.

2024-05-10 15:23:30 | 15:23 EST | by | 39 | 0 | 0 | 55 | 0