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Chinese Shipping Giant Suspends Operations at Panama Canal
Businesshk-free-presstico-times2d ago2 sources

Chinese Shipping Giant Suspends Operations at Panama Canal

Chinese shipping giant COSCO Shipping has halted arrivals and departures at Balboa port, the Pacific entrance to the Panama Canal. The state-owned company from Shanghai issued the order in a client notice dated March 10. All confirmed bookings at the terminal now face cancellation. Clients must contact sales representatives for alternative arrangements. The notice, published […] The post Chinese Shipping Giant Suspends Operations at Panama Canal appeared first on The Tico Times | Costa Rica N...

As US universities retreat from China partnerships, who is filling the academic void?
WorldSCMP6d ago

As US universities retreat from China partnerships, who is filling the academic void?

Nearly five decades ago, in 1978, a dozen or so professors from Shanghai Jiao Tong University (SJTU) were on a mission to visit their American counterparts as well as research institutes and factories across the United States. The visit, said to be personally approved by then Chinese leader Deng Xiaoping, was designed to forge academic ties and led to sister-school agreements with four prestigious US universities, including the University of Michigan (UM). It was a pivotal moment in academic...

Chinese man earns US$23,000 in holiday week through cat-feeding services
CultureSCMP11d ago

Chinese man earns US$23,000 in holiday week through cat-feeding services

A young Chinese man who offered cat-feeding services during the Chinese New Year reported earning 160,000 yuan (US$23,000) over the holiday. The sizeable earnings generated by the feline feeding enterprise have highlighted that there is significant demand for such services. Huan Cong, born in 1991, and based in Shanghai, is a professional in the pet-care industry who has specialised in door-to-door cat feeding services for nine years. During this year’s Spring Festival, he and four employees...

Cutting-edge Chinese gene-editing technique raises prospect of new autism treatments
ScienceSCMP14d ago

Cutting-edge Chinese gene-editing technique raises prospect of new autism treatments

Chinese scientists have used a cutting-edge gene-editing tool to correct a DNA mutation responsible for cognitive and behavioural problems – a move that could eventually lead to the development of new autism therapies. In lab tests, mice that had been engineered to have the mutation showed a striking change in their behaviour, such as the way they interacted with other mice, after being given an injection to introduce the edited genes. The Shanghai-based research team is looking for ways to...

China’s MiniMax, Moonshot top AI token use ranking, ending year of US dominance
TechnologySCMP16d ago

China’s MiniMax, Moonshot top AI token use ranking, ending year of US dominance

Chinese open-source artificial intelligence models, led by those from MiniMax AI and Moonshot AI, have topped global token usage, ending a year of market dominance for US developers, according to data from OpenRouter. Online AI hosting platform OpenRouter’s latest ranking reflected the increased international demand for Chinese open-source models on its site following a series of new releases. Launched around two weeks ago, the M2.5 from Shanghai-based MiniMax emerged as the most popular AI...

Shenzhen dethrones Shanghai, Beijing as China’s top industrial powerhouse, mayor boasts
BusinessSCMP17d ago

Shenzhen dethrones Shanghai, Beijing as China’s top industrial powerhouse, mayor boasts

The southern Chinese metropolis of Shenzhen has handed in a glowing report card of technological and economic development, surpassing Shanghai and Beijing as the nation’s largest manufacturing and exporting city while solidifying a lead in artificial intelligence and start-up cultivation, its mayor has revealed. Shenzhen’s economy grew from 2.83 trillion yuan in 2020 to 3.87 trillion yuan (US$560 billion) in 2025. The city’s annualised growth rate of 5.5 per cent over that period also...

Verstappen sees 'a jungle' in F1 but still hopes for 'simple solutions'
SportYahoo2d ago

Verstappen sees 'a jungle' in F1 but still hopes for 'simple solutions'

Max Verstappen's blunt assessment: “It's a jungle” in Formula 1. Verstappen predicted his Red Bull probably couldn’t go any higher than fifth place this weekend in the Chinese Grand Prix — even if he starts much closer to the front in Sunday's race in Shanghai — because of the big gap between Mercedes and Ferrari and all the other teams. “Honestly, it’s such a jungle out there at the moment," Verstappen said Thursday at the driver news conferences in Shanghai.

Chinese scientists use AI model to crack mystery of moon’s far side
TechnologySCMP6d ago

Chinese scientists use AI model to crack mystery of moon’s far side

Chinese scientists have used AI to determine the chemical make-up of the moon’s far side, offering new insights into one of lunar science’s enduring mysteries. Nearly half the moon’s surface – the far side which permanently faces away from the Earth – had long remained chemically unmapped. But samples from China’s Chang’e-6 mission, combined with advanced technologies, have enabled a team led by the Shanghai Institute of Technical Physics (SITP) to crack the lunar chemical code. Researchers f...

Wuxi Becomes Our Country’s Strategic Entry Point into Chinese Market
Businesshungary-today9d ago

Wuxi Becomes Our Country’s Strategic Entry Point into Chinese Market

The first Chinese-Hungarian industrial park in Wuxi While large corporations from the West have been present in China for decades, Hungarian innovation leaders are now following suit. An industrial park has been opened in the greater Shanghai area to serve as an incubator for Hungarian high-tech companies. Expectations are high. The government anticipates a noticeable […] The post Wuxi Becomes Our Country’s Strategic Entry Point into Chinese Market appeared first on Hungary Today.

Hong Kong, Shanghai sign pact on digital trade finance, cross-border data link
BusinessSCMP11d ago

Hong Kong, Shanghai sign pact on digital trade finance, cross-border data link

Hong Kong and Shanghai have signed an accord deepening their collaboration in promoting digitised cargo trade finance and strengthening mainland China’s connection to the global data ecosystem. The Hong Kong Monetary Authority (HKMA) on Monday signed a memorandum of understanding (MOU) with the Shanghai Data Bureau and the National Technology Innovation Centre for Blockchain, according to a statement from Hong Kong’s de facto central bank. “This marks an important milestone in the collaborati...

Healthchina-daily14d ago

Center Launched to Deepen SCO Health Ties

A new center has been launched with the objective of strengthening and deepening health cooperation among member states of the Shanghai Cooperation Organization (SCO).

Cambricon, China’s ‘little Nvidia’, to pay maiden dividend after profitable 2025
TechnologySCMP1d ago

Cambricon, China’s ‘little Nvidia’, to pay maiden dividend after profitable 2025

Cambricon Technologies, a Chinese semiconductor designer seen as a potential alternative to US giant Nvidia, will pay its maiden dividend after posting its first full-year profit since listing in 2020. Cambricon, dubbed “little Nvidia”, planned to distribute a cash dividend of 15 yuan (US$2.2) for every 10 shares held, totalling more than 632 million yuan, according to its filing to the Shanghai Stock Exchange on Thursday. Another 20 million yuan would be allocated for share buy-backs, taking...

China's Robot Revolution and Unemployment Concerns
Businessyle-uutiset2d ago

China's Robot Revolution and Unemployment Concerns

Hundreds of people are queuing for daily jobs in Shanghai, highlighting the downside of China's robot revolution, which is expected to displace industrial jobs rapidly. China is reportedly considering a special unemployment benefit for those affected by automation.

Iran war’s impact on China limited, Mideast scholar Pan Guang says
WorldSCMPnewsbeast8d ago2 sources

Iran war’s impact on China limited, Mideast scholar Pan Guang says

Professor Pan Guang has spent decades focused on Jewish studies, the Middle East and its ties with China. Among his many roles, Pan is founding director of a research centre on the Shanghai Cooperation Organisation. This interview first appeared in SCMP Plus. For other interviews in the Open Questions series, click here. Amid recent events in Iran, how do you assess the impact on China? Will China’s “petroyuan” settlement encounter problems, and what of the risks to the Belt and Road...

Politicschina-dailyglobal-times10d ago2 sources

China's 'Two Sessions' Political Meetings

China enters its annual 'two sessions' political meetings, where the country's next development blueprint is discussed and foreign residents experience local democracy.

Meet Habibi – the Chinese AI uniting 20 Arabic dialects in a Middle East first
TechnologySCMP14d ago

Meet Habibi – the Chinese AI uniting 20 Arabic dialects in a Middle East first

Chinese researchers have released the world’s first open-source text-to-speech (TTS) model that unifies more than 20 Arabic dialects in an AI framework, a move poised to expand China’s technological influence in the Middle East, according to analysts. Led by Shanghai Jiao Tong University’s X-LANCE Lab – one of China’s top audiovisual and language processing research entities – the model is named Habibi, meaning “my dear” in Arabic. In presenting their findings, the research team spearheaded b...

Apple CEO teases big week ahead: iPhone 17e, new MacBook and iPad launch expected
TechnologyTimes of India15d ago

Apple CEO teases big week ahead: iPhone 17e, new MacBook and iPad launch expected

Apple CEO Tim Cook has confirmed a "big week ahead," with product announcements starting Monday, March 2. Apple is expected to unveil the iPhone 17e, a budget MacBook powered by the A18 Pro chip, an M4 iPad Air, and an entry-level iPad with A18. The launches lead up to a hands-on "Apple Experience" event on March 4 in New York, London, and Shanghai.

Exo’s Chinese pop-up events drew 600,000 fans
CultureKorea Herald17d ago

Exo’s Chinese pop-up events drew 600,000 fans

Exo partnered with Chinese music platform QQ Music and wrapped up a series of pop-up events at shopping complexes in China with images of its eighth studio album “Reverxe.” The monthlong events were held in 13 cities nationwide, adding five to meet its fans’ demands, and attracted more than 600,000 visitors, the group’s label SM Entertainment said Wednesday. The bandmates visited Shanghai, Beijing and Shenzhen earlier this month and had autograph and photo sessions to thank fans in China. The gr

Lufthansa can finally sell its tricky new Boeing 787 business class after months of flying it mostly empty
BusinessBusiness Insider25d ago

Lufthansa can finally sell its tricky new Boeing 787 business class after months of flying it mostly empty

Lufthansa's new Allegris business class has faced certification issues on the Boeing 787. It appears to have fixed the problem. MICHAELA STACHE/AFP via Getty Images Lufthansa's Boeing 787 business class debacle is almost over after a yearslong certification delay. The airline has been flying some Dreamliners with only four of the 28 high-dollar seats sold. Lufthansa expects to boost the number of sellable 787 business-class seats to 25 by mid-April. Lufthansa can finally start making money on its Boeing 787 Dreamliners after a certification debacle left one of its most lucrative cabins largely empty for months. The German flag carrier said on Monday that it will begin selling tickets for its Allegris business class on the 787. Allegris, Lufthansa's signature cabin concept, spans economy, premium economy, business, and first class, but the business class rollout has been particularly tricky. The program first launched on the Airbus A350 in May 2024, with the cabin spanning the entire plane. The first Allegris-equipped 787 followed in October 2025, but certification of business class dragged on due to the cabin's complexity: there are five staggered seat configurations in a single airplane cabin — some with doors or more legroom, others with extra-long beds. The middle front-row suite can be combined into a double bed. The first-row window seats have extra workspace. Lufthansa This is because the Dreamliner's geometry — including a slightly tighter usable footprint and different fuselage contouring compared to the A350 — made it harder to demonstrate to regulators that passengers could evacuate quickly from every seat, whether staggered, partially enclosed, or fully cocooned, in an emergency. The result? For months, only four of the 28 business class seats could be sold — the front-row Business Class Suites — leaving the remaining 24 empty. Business class is a cash cow for airlines, and by flying most of the cabin empty as competitors pour investments into their own premium seats, Lufthansa was essentially leaving money on the table. It has been a particularly costly headache for a carrier in the midst of a multi-year turnaround plan to restore profitability after years of financial pressure from frequent maintenance, aircraft shortages, rising operating costs, and labor strikes. Lufthansa even opted for an already-certified business-class seat to retrofit onto its Airbus A380s rather than risk another prolonged and costly certification process. But the saga is nearing the finish line. Beginning April 15, Lufthansa plans to carry passengers in 25 business-class seats on its 787s, with three remaining blocked in the second row of the cabin. Bookings are open, though it's unclear whether the news indicates the seats have been fully certified or if that's just Lufthansa's expected timeline. Lufthansa said "Classic" seats — one of the Allegris categories available — are free to secure with the premium fare. The others require an extra fee: this includes the first-row suites, the "Privacy" seat next to the window, the "Extra Space" seat with more legroom, and the "Extra Long Bed" with an over seven-foot sleeping surface. The three second-row seats that are blocked — and not yet available for booking — are two privacy seats and an extra-legroom seat. Some Allegris seats can be fully enclosed with extra workspace; others can combine into a double bed. LUKAS BARTH/AFP via Getty Images Lufthansa flies eight Allegris-equipped Dreamliners and expects to have 29 by the end of 2027. They are set to first fly from Frankfurt to Rio de Janeiro, Bogota, Cape Town, Shanghai, Hyderabad, Hong Kong, and Austin; New York-JFK and Los Angeles join the roster in June, followed by Delhi in July. As part of Lufthansa's greater multibillion-dollar fleet overhaul plan, Allegris is also being fit onto the airline's existing A350s and Boeing 747-8s, as well as its future, yet-to-be-certified Boeing 777Xs. A similar spacing issue on the 747 double-deckers' upper level means it will have a split business class: the lower deck will have Allegris, while upstairs will feature the plane's original cabin. Read the original article on Business Insider