#HongKongInvention
Hong Kong Scientists Develop Quicker Machine to Detect Diseases Including Wuhan Pneumonia
The Polytechnic University of Hong Kong had successfully developed a machine that could detect and identify 40 different viruses and bacteria via a single test in under one hour, including the Wuhan coronavirus, influenza A virus, SARS-CoV, Bordetella pertussis, and Legionella pneumophila, which is double the amount of pathogens current machines could analyse.
Dr. Terence L.T. Lau, Director of Innovation and Technology Development of PolyU, stated that the new technology would increase sensitivity in identifying such pathogens, thus increasing the results' reliability. He also stated that said technology would be able to lower the production costs of the diagnostic system, with each test costing around HKD $200 to $300 each, compared to $1000 of current systems, allowing for mass production and its widespread use.
Prof. Manson Fok, President of the University Hospital of the Macau University of Science and Technology, stated that the results were due to the five years of hard work from Hong Kong's most elite scientists and technicians. He also stated that since the Hong Kong government had declined to provide funds for the project, the funding of the production of said machines would fall under the hands of the People's Government of Shenzhen, thus this Hong Kong-invented machine would have the wordings "Made in China" written on it.
Image: https://t.me/guardiansofhongkong/17144
Source: RTHK; Cable News
#Feb11 #Technology #PolyU #HealthCrisis #MadeinHongKong #MadeinChina
Hong Kong Scientists Develop Quicker Machine to Detect Diseases Including Wuhan Pneumonia
The Polytechnic University of Hong Kong had successfully developed a machine that could detect and identify 40 different viruses and bacteria via a single test in under one hour, including the Wuhan coronavirus, influenza A virus, SARS-CoV, Bordetella pertussis, and Legionella pneumophila, which is double the amount of pathogens current machines could analyse.
Dr. Terence L.T. Lau, Director of Innovation and Technology Development of PolyU, stated that the new technology would increase sensitivity in identifying such pathogens, thus increasing the results' reliability. He also stated that said technology would be able to lower the production costs of the diagnostic system, with each test costing around HKD $200 to $300 each, compared to $1000 of current systems, allowing for mass production and its widespread use.
Prof. Manson Fok, President of the University Hospital of the Macau University of Science and Technology, stated that the results were due to the five years of hard work from Hong Kong's most elite scientists and technicians. He also stated that since the Hong Kong government had declined to provide funds for the project, the funding of the production of said machines would fall under the hands of the People's Government of Shenzhen, thus this Hong Kong-invented machine would have the wordings "Made in China" written on it.
Image: https://t.me/guardiansofhongkong/17144
Source: RTHK; Cable News
#Feb11 #Technology #PolyU #HealthCrisis #MadeinHongKong #MadeinChina
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📡Guardians of Hong Kong
#HongKongInvention
Hong Kong Scientists Develop Quicker Machine to Detect Diseases Including Wuhan Pneumonia
Absence of Hong Kong Government's Support Turns Hong Kong Invention to Become "'Made in China"
Prof. Manson Fok, President of the University Hospital…
Hong Kong Scientists Develop Quicker Machine to Detect Diseases Including Wuhan Pneumonia
Absence of Hong Kong Government's Support Turns Hong Kong Invention to Become "'Made in China"
Prof. Manson Fok, President of the University Hospital…
#HongKongInvention
Hong Kong Scientists Develop Quicker Machine to Detect Diseases Including Wuhan Pneumonia
Absence of Hong Kong Government's Support Turns Hong Kong Invention to Become "'Made in China"
Prof. Manson Fok, President of the University Hospital of the Macau University of Science and Technology, stated that the results were due to the five years of hard work from Hong Kong's most elite scientists and technicians. He also stated that since the Hong Kong government had declined to provide funds for the project, the funding of the production of said machines would fall under the hands of the People's Government of Shenzhen, thus this Hong Kong-invented machine would have the wordings "Made in China" written on it.
Continue reading: https://t.me/guardiansofhongkong/17137
Source: RTHK; Cable News; 100 most
#Feb11 #Technology #PolyU #HealthCrisis #MadeinHongKong #MadeinChina
Hong Kong Scientists Develop Quicker Machine to Detect Diseases Including Wuhan Pneumonia
Absence of Hong Kong Government's Support Turns Hong Kong Invention to Become "'Made in China"
Prof. Manson Fok, President of the University Hospital of the Macau University of Science and Technology, stated that the results were due to the five years of hard work from Hong Kong's most elite scientists and technicians. He also stated that since the Hong Kong government had declined to provide funds for the project, the funding of the production of said machines would fall under the hands of the People's Government of Shenzhen, thus this Hong Kong-invented machine would have the wordings "Made in China" written on it.
Continue reading: https://t.me/guardiansofhongkong/17137
Source: RTHK; Cable News; 100 most
#Feb11 #Technology #PolyU #HealthCrisis #MadeinHongKong #MadeinChina
#OpinionArticle
Europeans' lack of understanding of China
(18 May) In the past, when I looked at the data of multinational mergers and acquisitions (M&A), I found that China's M&As could be roughly classified into two types: resource M&As and technology M&As. If it wasn't to acquire natural resources (like minerals or fuel sources), then the main objective of the M&A was to obtain technology (of all types. Since the influence of Made in China 2025*, the M&As in the ten key industries increased.) Of course, there are other purposes like money laundering but that is more difficult to determine based on the data.
Interestingly, despite the US being a major player in technology. Approaching mainly through researchers (Thousand Talents Plan) or technology transfer (via joint venture agreements), the US has long since been warier of China. Most Chinese M&As are with Europe, especially Germany, the manufacturing giant that best meets China's technological needs. It wasn't until 2016, when China acquired the Bavarian+ robotics company, Kuka, that the alarm bells sounded for Germans. By then, it was too late.
Full translation:
https://telegra.ph/Europeans-lack-of-understanding-of-China-05-24
Source: Facebook
https://www.facebook.com/1640627496/posts/10219890809454218/
Further reading:
FBI arrests Arkansas professor on fraud charges over financial ties to China
https://t.me/guardiansofhongkong/20992
#China #Europe #technology #ThousandTalentsPlan #jointventureagreements
Europeans' lack of understanding of China
(18 May) In the past, when I looked at the data of multinational mergers and acquisitions (M&A), I found that China's M&As could be roughly classified into two types: resource M&As and technology M&As. If it wasn't to acquire natural resources (like minerals or fuel sources), then the main objective of the M&A was to obtain technology (of all types. Since the influence of Made in China 2025*, the M&As in the ten key industries increased.) Of course, there are other purposes like money laundering but that is more difficult to determine based on the data.
Interestingly, despite the US being a major player in technology. Approaching mainly through researchers (Thousand Talents Plan) or technology transfer (via joint venture agreements), the US has long since been warier of China. Most Chinese M&As are with Europe, especially Germany, the manufacturing giant that best meets China's technological needs. It wasn't until 2016, when China acquired the Bavarian+ robotics company, Kuka, that the alarm bells sounded for Germans. By then, it was too late.
Full translation:
https://telegra.ph/Europeans-lack-of-understanding-of-China-05-24
Source: Facebook
https://www.facebook.com/1640627496/posts/10219890809454218/
Further reading:
FBI arrests Arkansas professor on fraud charges over financial ties to China
https://t.me/guardiansofhongkong/20992
#China #Europe #technology #ThousandTalentsPlan #jointventureagreements
Telegraph
Europeans' lack of understanding of China
(18 May) In the past, when I looked at the data of multinational mergers and acquisitions (M&A), I found that China's M&As could be roughly classified into two types: resource M&As and technology M&As. If it wasn't to acquire natural resources (like minerals…
US further tightens export restrictions on Huawei, calls for allies to do the same
As tensions rose between Beijing and Washington, the US Department of Commerce announced further restrictions on Monday (17 August) aimed at cutting China's access to telecommunications resources. It would add 38 Huawei affiliates from 21 countries to its Entity List.
Secretary of State Mike Pompeo released a statement announcing that the US government has enacted several measures to protect national security and the privacy of US citizens. At the same time, 5G infrastructure would be shielded from Beijing's influence. The Department of Commerce has expanded its Foreign Direct Product Rule to bar Huawei from acquiring chips produced with exploited US technology. Pompeo stated that he would not tolerate efforts by the Chinese Communist Party (CCP) to undermine the privacy of US citizens or the intellectual property of its businesses. He claimed that the US would continue restricting exports to Huawei and its blacklisted affiliates. He also urged US allies and [trading] partners to do the same.
Reuters first reported on the news, stating that the new restrictions were aimed at preventing Huawei from obtaining semiconductors without permission. Even foreign firms that make chips using US software and technology were banned. US Commerce Secretary Wilbur Ross told Fox News that since last May, when amendments were made to the Entity List, Huawei had adopted some evasive measures that included purchasing through third parties.
Richard Yu Chengdong, CEO of the Huawei Consumer Business Group, revealed that due to US pressure, Huawei would no longer produce its flagship Kirin chipsets from 16 September. He admitted that although China has made strides in industrial research and development as well as in its market economy, a gap still exists in technology when compared with Europe, the US, Japan and South Korea. Huawei's HiSilicon semiconductor company, for example, possesses considerable research and development capabilities. However, the production of its chips, including its packaging, sourcing raw materials, manufacturing facilities and software continue to rely on cooperation with other businesses, many of which depend on US technology. As the situation unfolds, serious challenges confront its development.
#Huawei #China #US #TradeWar #technology
Source: Stand News #17Aug
As tensions rose between Beijing and Washington, the US Department of Commerce announced further restrictions on Monday (17 August) aimed at cutting China's access to telecommunications resources. It would add 38 Huawei affiliates from 21 countries to its Entity List.
Secretary of State Mike Pompeo released a statement announcing that the US government has enacted several measures to protect national security and the privacy of US citizens. At the same time, 5G infrastructure would be shielded from Beijing's influence. The Department of Commerce has expanded its Foreign Direct Product Rule to bar Huawei from acquiring chips produced with exploited US technology. Pompeo stated that he would not tolerate efforts by the Chinese Communist Party (CCP) to undermine the privacy of US citizens or the intellectual property of its businesses. He claimed that the US would continue restricting exports to Huawei and its blacklisted affiliates. He also urged US allies and [trading] partners to do the same.
Reuters first reported on the news, stating that the new restrictions were aimed at preventing Huawei from obtaining semiconductors without permission. Even foreign firms that make chips using US software and technology were banned. US Commerce Secretary Wilbur Ross told Fox News that since last May, when amendments were made to the Entity List, Huawei had adopted some evasive measures that included purchasing through third parties.
Richard Yu Chengdong, CEO of the Huawei Consumer Business Group, revealed that due to US pressure, Huawei would no longer produce its flagship Kirin chipsets from 16 September. He admitted that although China has made strides in industrial research and development as well as in its market economy, a gap still exists in technology when compared with Europe, the US, Japan and South Korea. Huawei's HiSilicon semiconductor company, for example, possesses considerable research and development capabilities. However, the production of its chips, including its packaging, sourcing raw materials, manufacturing facilities and software continue to rely on cooperation with other businesses, many of which depend on US technology. As the situation unfolds, serious challenges confront its development.
#Huawei #China #US #TradeWar #technology
Source: Stand News #17Aug
Ex-CEO of Google Warned: China's Control of AI will Harm the World
(North American News) The ex-CEO of Google, Eric Schmidt, warned that the Chinese dictatorship would promote artificial intelligence (AI) development beyond the U.S. Once China controls the global AI technology, it would be a disaster to the world. Besides, he urged the U.S. government to catch up on the pace, doubling the funds on technology development in the next five years.
Schmidt, the Chairman of the Defense Innovation Advisory Board under the U.S. Department of Defense, participated in a seminar on AI technology at Bipartisan Policy Center on Tuesday. He said there is an advantage for the Chinese government as they are huge, single-minded, and adopt a top-down model, which the U.S. government is hard to duplicate. "I am not praising nor supporting them, but I urge you to take this issue seriously."
Schmidt described that the "high-tech authoritarianism" model motivated China to exceed the U.S. in all aspects. "They will have a larger economy, more funding on development, higher quality of investigations, broader technology applications, and a stronger computer infrastructure." He emphasised that once China controls AI technologies of the world, it “might not be a very pretty place to live.”
#US #China #AI #Google #Schmidt #technology
Source: Apple Daily #Aug28
https://hk.appledaily.com/international/20200828/G7KOU233ERC6RI5IAOZRS4Y6AU/
(North American News) The ex-CEO of Google, Eric Schmidt, warned that the Chinese dictatorship would promote artificial intelligence (AI) development beyond the U.S. Once China controls the global AI technology, it would be a disaster to the world. Besides, he urged the U.S. government to catch up on the pace, doubling the funds on technology development in the next five years.
Schmidt, the Chairman of the Defense Innovation Advisory Board under the U.S. Department of Defense, participated in a seminar on AI technology at Bipartisan Policy Center on Tuesday. He said there is an advantage for the Chinese government as they are huge, single-minded, and adopt a top-down model, which the U.S. government is hard to duplicate. "I am not praising nor supporting them, but I urge you to take this issue seriously."
Schmidt described that the "high-tech authoritarianism" model motivated China to exceed the U.S. in all aspects. "They will have a larger economy, more funding on development, higher quality of investigations, broader technology applications, and a stronger computer infrastructure." He emphasised that once China controls AI technologies of the world, it “might not be a very pretty place to live.”
#US #China #AI #Google #Schmidt #technology
Source: Apple Daily #Aug28
https://hk.appledaily.com/international/20200828/G7KOU233ERC6RI5IAOZRS4Y6AU/
Pompeo Raises Concerns on China’s Economic Expansion into Italy
The US state secretary Mike Pompeo has raised his concerns on China’s plan to expand its economic influence into Italy during his visit to the Mediterranean country.
Pompeo met with the Italian foreign minister Luigi Di Maio and co-hosted a press conference. At the meeting, Pompeo raised his concerns with Di Maio on the CCP’s attempt to leverage their economic strength in Italy to their strategic advantages. He also urged the Italian government to consider carefully the national security issues involved in the technology provided by tech companies associated with the CCP and the personal privacy risks it poses to Italian citizens.
Di Maio said Italy understood the US’ view and knew their concerns over the construction of 5G infrastructure in Italy. He also said he was fully aware of the responsibilities involved in handling safety issues and promised that he would stay alert as 5G technology is phased in.
#US #Italy #China #5G #Pompeo #LuigiDiMaio #Technology #Diplomacy
Source: RTHK #Sep30
https://bit.ly/33DZxMd
The US state secretary Mike Pompeo has raised his concerns on China’s plan to expand its economic influence into Italy during his visit to the Mediterranean country.
Pompeo met with the Italian foreign minister Luigi Di Maio and co-hosted a press conference. At the meeting, Pompeo raised his concerns with Di Maio on the CCP’s attempt to leverage their economic strength in Italy to their strategic advantages. He also urged the Italian government to consider carefully the national security issues involved in the technology provided by tech companies associated with the CCP and the personal privacy risks it poses to Italian citizens.
Di Maio said Italy understood the US’ view and knew their concerns over the construction of 5G infrastructure in Italy. He also said he was fully aware of the responsibilities involved in handling safety issues and promised that he would stay alert as 5G technology is phased in.
#US #Italy #China #5G #Pompeo #LuigiDiMaio #Technology #Diplomacy
Source: RTHK #Sep30
https://bit.ly/33DZxMd
news.rthk.hk
蓬佩奧對中國擬擴大在意大利的經濟影響力表示憂慮
到訪意大利的美國國務卿蓬佩奧，對中國計劃擴大在意大利的經濟影響力表示憂慮。 蓬佩奧與意大利外長迪馬約會面，雙方舉行聯合記者會。蓬佩奧在會上，就中共試圖利用在意大利的經濟實力，達致戰略目的，向迪馬約提出關注，促請意大利政府小心考慮與中共相關科技企業提供的技術，可能帶來的國家安全風險及民眾個人私隱問題。 迪馬約表示，意大利明白美方的立場，又說深知美方對當地興建5G網絡技術的關切，並充分意識到各國在應對安全問題時面臨的責任，承諾在開發5G技術時保持警惕。
Japan to Strengthen Student Visa Screening Against CCP Tech Theft
Japan is reportedly considering joining the UK and the US in tightening visa access for foreign students to keep out CCP tech spies. The Japanese newspaper Yomiuri Shimbun reported that for economic safety reasons, Japan will strengthen visa screening for international students and foreign researchers starting next year. This measure is to prevent high-end technology and information relating to national security from leaking into China or other countries.
Costing 220 million yen (about 2 million US dollars), the new gatekeeping mechanism will be a coordinated effort involving departments including the National Security Secretariat, the Ministry of Foreign Affairs, the Ministry of Justice, the Ministry of Economy, Trade and Industry, and the Ministry of Defence. Information about suspicious persons will be shared among these agencies.
While some officials noted that the measure might not be as strict as that of the US, they are worried that Japan will be the next target for Chinese students rejected by America. They are also worried that a lack of a mechanism preventing the outflow of sensitive technology will impede research cooperation between Japanese students and American institutions. Just this July, four Chinese expats under the People’s Liberation Army (PLA) were exposed to have forged their identities to obtain visas for conducting research in American universities.
As world powers race to gain a foothold in artificial intelligence and laser weaponry, the Ministry of Defence is also considering engaging an economic security intelligence officer. Working at the Bureau of Defence Policy, they will be tasked with analyzing developments of cutting-edge technology around the world and taking measures to protect Japan’s high-end technology. Meanwhile, the Ministry of Economy, Trade and Industry will spend 1.87 billion yen (about 17.7 million US dollars) to encourage companies and universities to better manage cutting-edge technology and prevent sensitive military technology from leaking.
As it becomes clearer that the CCP is stealing sensitive technology across the globe, it is also clear that the tech war between the US and China has spread to countries like the UK, Australia, and Japan. With the ‘Made in China 2025’ strategic plan failing amid the trade war and the CCP pushing for domestically manufactured chips, it is only natural that the world steps up screening to prevent tech theft by China through mergers and espionage.
Source: Stand News #Oct06
#Japan #China #Visa #Screening #Technology #TechWar
https://bit.ly/3iJkv0d
Japan is reportedly considering joining the UK and the US in tightening visa access for foreign students to keep out CCP tech spies. The Japanese newspaper Yomiuri Shimbun reported that for economic safety reasons, Japan will strengthen visa screening for international students and foreign researchers starting next year. This measure is to prevent high-end technology and information relating to national security from leaking into China or other countries.
Costing 220 million yen (about 2 million US dollars), the new gatekeeping mechanism will be a coordinated effort involving departments including the National Security Secretariat, the Ministry of Foreign Affairs, the Ministry of Justice, the Ministry of Economy, Trade and Industry, and the Ministry of Defence. Information about suspicious persons will be shared among these agencies.
While some officials noted that the measure might not be as strict as that of the US, they are worried that Japan will be the next target for Chinese students rejected by America. They are also worried that a lack of a mechanism preventing the outflow of sensitive technology will impede research cooperation between Japanese students and American institutions. Just this July, four Chinese expats under the People’s Liberation Army (PLA) were exposed to have forged their identities to obtain visas for conducting research in American universities.
As world powers race to gain a foothold in artificial intelligence and laser weaponry, the Ministry of Defence is also considering engaging an economic security intelligence officer. Working at the Bureau of Defence Policy, they will be tasked with analyzing developments of cutting-edge technology around the world and taking measures to protect Japan’s high-end technology. Meanwhile, the Ministry of Economy, Trade and Industry will spend 1.87 billion yen (about 17.7 million US dollars) to encourage companies and universities to better manage cutting-edge technology and prevent sensitive military technology from leaking.
As it becomes clearer that the CCP is stealing sensitive technology across the globe, it is also clear that the tech war between the US and China has spread to countries like the UK, Australia, and Japan. With the ‘Made in China 2025’ strategic plan failing amid the trade war and the CCP pushing for domestically manufactured chips, it is only natural that the world steps up screening to prevent tech theft by China through mergers and espionage.
Source: Stand News #Oct06
#Japan #China #Visa #Screening #Technology #TechWar
https://bit.ly/3iJkv0d
立場新聞 Stand News
《立場新聞》編採獨立自主，不受任何贊助人、財團、權力機構及黨派左右。我們以非牟利原則營運，所有經營盈餘和贊助，只會用於傳媒事業。
Financial Times Report: Huawei Will Build Chip Factory in Shanghai and Forgo US Technology
The British Financial Times quoted a source in saying that Chinese telecommunications equipment company Huawei has planned to establish a chip manufacturing factory in Shanghai and no longer use the US technologies, in order to solve chips supply caused by the US’s export restrictions.
The report stated that the factory would be operated by Huawei’s collaborator Shanghai IC R&D Center, to ensure sufficient chips supply for core telecommunications equipment business. They expect to commence their production by the end of next year.
The factory would first produce the low-end 45-nanometre chips, and until the second half of 2021, when it would have the ability to manufacture the more advanced 28-nanometre chips for smart TVs and other internet equipment. By 2022, it would be able to produce the 20-nanometre chips for 5G network telecommunication equipment. In addition to the previous one to two years of chips inventory, Shanghai IC R&D Centre believed that the factory could support the sustainable operation of 5G business of Huawei.
Source: Stand News #Nov02
#China #Huawei #chips #US #technology #FinancialTimes #ShanghaiICRDCenter #ICR&D #telecommunications #telecoms #telecom #5G
https://bit.ly/2Is9HXN
The British Financial Times quoted a source in saying that Chinese telecommunications equipment company Huawei has planned to establish a chip manufacturing factory in Shanghai and no longer use the US technologies, in order to solve chips supply caused by the US’s export restrictions.
The report stated that the factory would be operated by Huawei’s collaborator Shanghai IC R&D Center, to ensure sufficient chips supply for core telecommunications equipment business. They expect to commence their production by the end of next year.
The factory would first produce the low-end 45-nanometre chips, and until the second half of 2021, when it would have the ability to manufacture the more advanced 28-nanometre chips for smart TVs and other internet equipment. By 2022, it would be able to produce the 20-nanometre chips for 5G network telecommunication equipment. In addition to the previous one to two years of chips inventory, Shanghai IC R&D Centre believed that the factory could support the sustainable operation of 5G business of Huawei.
Source: Stand News #Nov02
#China #Huawei #chips #US #technology #FinancialTimes #ShanghaiICRDCenter #ICR&D #telecommunications #telecoms #telecom #5G
https://bit.ly/2Is9HXN
Pentagon Sees China’s Offensive Space Technology ‘On the March’
China is making sizable, long-term investments in weapons designed to jam or destroy satellites as the nation seeks to rapidly narrow the gap in space technology with the U.S., according to the top intelligence official for the Pentagon’s Indo-Pacific command.
China is pushing to develop antisatellite weapons with capabilities from “dazzling to jamming, to kinetic kill-from-the-ground, from space -- all that, they’re on the march,” Rear Admiral Michael Studeman said this week during an intelligence-security trade group’s webinar.
Studeman’s comments mark the most current unclassified assessment of the counter-space capabilities of a nation that Defense Secretary Lloyd Austin repeatedly refers to as the top challenge for U.S. defense planning and spending.
Source: Bloomberg #Jul10
https://t.co/TAfe7raTAa
#China #Space #Technology #US
China is making sizable, long-term investments in weapons designed to jam or destroy satellites as the nation seeks to rapidly narrow the gap in space technology with the U.S., according to the top intelligence official for the Pentagon’s Indo-Pacific command.
China is pushing to develop antisatellite weapons with capabilities from “dazzling to jamming, to kinetic kill-from-the-ground, from space -- all that, they’re on the march,” Rear Admiral Michael Studeman said this week during an intelligence-security trade group’s webinar.
Studeman’s comments mark the most current unclassified assessment of the counter-space capabilities of a nation that Defense Secretary Lloyd Austin repeatedly refers to as the top challenge for U.S. defense planning and spending.
Source: Bloomberg #Jul10
https://t.co/TAfe7raTAa
#China #Space #Technology #US
Bloomberg: Xi Jinping’s “common prosperity” makes investors uneasy, Chinese regulators meet with Wall Street executives to defend against technology companies
According to Bloomberg, China recently defends against technology companies and the “common prosperity” from Chinese President Xi Jinping makes global investors feel disturbed. Chinese regulators and Wall Street executives had a closed meeting on Thursday, which defending the recent suppression of multiple industries, claiming that its regulatory measures are not aimed at technology or private companies.
According to quoted resources from the report, Fang Xinghai, Vice Chairman of China Securities Regulatory Commission, Senior Officials of the People’s Bank of China, and financial companies such as Goldman Sachs, Citadel, and BlackRock, held a 3-hour closed-door meeting on Thursday.
During the meeting, Fang Xinghai stated the supervision from Chinese government to Chinese companies should not be interpreted as being decoupled from the US or international financial markets. He stated that, China recent measures are targeting at companies operating consumer platforms and strengthens the supervision to improve privacy safety and national security. For measures that are aiming at education training industries and gaming industries, it is aiming to reduce the concerns of society.
Source: Stand News #Sep19
https://bit.ly/3GRsUvQ
#Bloomberg #XiJinping #WallStreet #China #Technology #Supervision #Privacy #NationalSecurity #Education #GamingIndustries
According to Bloomberg, China recently defends against technology companies and the “common prosperity” from Chinese President Xi Jinping makes global investors feel disturbed. Chinese regulators and Wall Street executives had a closed meeting on Thursday, which defending the recent suppression of multiple industries, claiming that its regulatory measures are not aimed at technology or private companies.
According to quoted resources from the report, Fang Xinghai, Vice Chairman of China Securities Regulatory Commission, Senior Officials of the People’s Bank of China, and financial companies such as Goldman Sachs, Citadel, and BlackRock, held a 3-hour closed-door meeting on Thursday.
During the meeting, Fang Xinghai stated the supervision from Chinese government to Chinese companies should not be interpreted as being decoupled from the US or international financial markets. He stated that, China recent measures are targeting at companies operating consumer platforms and strengthens the supervision to improve privacy safety and national security. For measures that are aiming at education training industries and gaming industries, it is aiming to reduce the concerns of society.
Source: Stand News #Sep19
https://bit.ly/3GRsUvQ
#Bloomberg #XiJinping #WallStreet #China #Technology #Supervision #Privacy #NationalSecurity #Education #GamingIndustries
China Is Pouring Everything Into the Race for AI Supremacy
The full strength of the Communist Party is being focused on a technology that may soon tip the scales of global economic and military dominance.
Artificial intelligence is set to revolutionize the world, empowering those nations that fully harness its potential. While the U.S. is still seen as the world AI leader, China is catching up fast.
Indeed, China aims to surpass the U.S. by 2030, around the same time some observers predict its economy will become the world’s largest. As China’s military capabilities become comparable to or even exceed those of the U.S. in some areas, AI technology may become critical to a fraught global competition that will define this decade—and beyond.
Source: Bloomberg #Oct20
https://t.co/Ait3jF7Mzc
#China #AI #Technology #Competition
The full strength of the Communist Party is being focused on a technology that may soon tip the scales of global economic and military dominance.
Artificial intelligence is set to revolutionize the world, empowering those nations that fully harness its potential. While the U.S. is still seen as the world AI leader, China is catching up fast.
Indeed, China aims to surpass the U.S. by 2030, around the same time some observers predict its economy will become the world’s largest. As China’s military capabilities become comparable to or even exceed those of the U.S. in some areas, AI technology may become critical to a fraught global competition that will define this decade—and beyond.
Source: Bloomberg #Oct20
https://t.co/Ait3jF7Mzc
#China #AI #Technology #Competition
#US bans ‘advanced tech’ firms from building facilities in #China for a decade
//US technology firms that receive government funding will be banned from building “advanced technology facilities” in China for a decade, the Biden administration has announced, as it outlined plans to increase domestic production of semiconductors.
The requirements come under the US government’s near-$53bn (£46bn) plan to scale up manufacturing of semiconductor chips – the “brain” in every electronic device from cars to household appliances – which are predominantly produced in Asia.
The US Chips and Science Act (#Chips), approved by Congress in August, is part of the American response to a long-running technological dispute between Washington and Beijing, as US firms demand more government support to reduce reliance on components produced in Chinese factories...
The Chips Act commits a total of $280bn to hi-tech manufacturing and research, and is designed to increase the US’s competitiveness with China.
The US crackdown on the sale of technology to China has already begun to have an impact, with the US chip designer Nvidia disclosing last week that it had been told by US officials to stop exporting two top computing chips for artificial intelligence work to China.//
Source: The Guardian #Sept7
#IntellectualProperty #Technology
//US technology firms that receive government funding will be banned from building “advanced technology facilities” in China for a decade, the Biden administration has announced, as it outlined plans to increase domestic production of semiconductors.
The requirements come under the US government’s near-$53bn (£46bn) plan to scale up manufacturing of semiconductor chips – the “brain” in every electronic device from cars to household appliances – which are predominantly produced in Asia.
The US Chips and Science Act (#Chips), approved by Congress in August, is part of the American response to a long-running technological dispute between Washington and Beijing, as US firms demand more government support to reduce reliance on components produced in Chinese factories...
The Chips Act commits a total of $280bn to hi-tech manufacturing and research, and is designed to increase the US’s competitiveness with China.
The US crackdown on the sale of technology to China has already begun to have an impact, with the US chip designer Nvidia disclosing last week that it had been told by US officials to stop exporting two top computing chips for artificial intelligence work to China.//
Source: The Guardian #Sept7
#IntellectualProperty #Technology
Wray: China continues to 'lie, cheat, and steal' in bid for tech dominance
FBI director Christopher Wray said Monday that newly disclosed charges against Chinese intelligence officers are the latest example of China's efforts to gain an unfair economic advantage over U.S. companies, particularly in the technology sphere.
Two Chinese intelligence officers are accused of attempting to "obstruct, influence, and impede a criminal prosecution" of a China-based global telecommunications company, U.S. attorney general Merrick Garland said during a news conference Monday. The company was not identified. The complaint against the two intelligence officers was unsealed Monday in the U.S. District Court, Eastern District of New York, Garland said.
Source: Protocol #Oct24
#FBI #China #US #Technology
https://t.co/uKDDhtaJYp
FBI director Christopher Wray said Monday that newly disclosed charges against Chinese intelligence officers are the latest example of China's efforts to gain an unfair economic advantage over U.S. companies, particularly in the technology sphere.
Two Chinese intelligence officers are accused of attempting to "obstruct, influence, and impede a criminal prosecution" of a China-based global telecommunications company, U.S. attorney general Merrick Garland said during a news conference Monday. The company was not identified. The complaint against the two intelligence officers was unsealed Monday in the U.S. District Court, Eastern District of New York, Garland said.
Source: Protocol #Oct24
#FBI #China #US #Technology
https://t.co/uKDDhtaJYp