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Nov 16, 2023 14 tweets 3 min read
🇨🇳 | China invests US$5.4 billion in 2-year-old memory chip maker as self-sufficiency drive accelerates. 🧵1/13 Balance-Tech Beijing has been intent on making breakthroughs in its semiconductor industry as the US tries to limit China’s access to cutting-edge chip technologies. 2/13
Sep 25, 2023 18 tweets 3 min read
🇨🇳🔬 | Is China’s man-made liver therapy a game-changer for millions battling liver failure globally?

🧵1/15 📷: China Daily The stem cell-based bio-artificial liver has been approved for clinical trials to help liver patients remove toxins from their blood. 2/15
Jun 27, 2023 16 tweets 7 min read
📣 📕 Did you know that China lifted over 800 million people out of extreme poverty? What does this have to do with socialism?

Issue no. 2 of the international edition of Wenhua Zongheng, the Chinese political & cultural magazine, is out now via @tri_continental & DS 🧵 1/14 This issue assesses the current state and future direction of China’s socialist project, in its complex historical development, and places the country's current battle against poverty in the context of its decades-long pursuit of socialist modernization. 2/14
Jun 1, 2023 11 tweets 3 min read
China's central government seeks to control the "hidden" debt of local governments. It is estimated to be between 50 and 70 trillion yuan (US$ 7.1 - 9.9 trillion), almost twice the GDP of Japan. But what is this invisible debt all about? 🧵1/9 Image To start talking about hidden debt, we need to understand what "local financing vehicles" (LGFVs) are. These are state-owned enterprises that issue debt bonds to finance projects, such as infrastructure projects, which are key drivers of economic growth. 2/9
Jun 1, 2023 5 tweets 2 min read
The rise of thangka art is transforming the small Tibetan town of Wutun into a giant Buddhist art factory. Artworks known as thangka often depict Tibetan Buddhist deities and, until recently, had an exclusively religious meaning. 🧵1/4 They were produced for local monasteries, who used them as teaching and meditation tools. Thangka production has played a key role in revitalizing the local economy. 2/4
May 31, 2023 11 tweets 3 min read
China wants to have its own "Silicon Valley": it will build an international science and technology innovation complex in Beijing, and plans to complete it by 2025.

Follow our thread 🧵1/8 Image The government unveiled a "battle plan" to build the International Science and Technology Innovation Center to advance key fields such as low-carbon energy, space, life sciences, Earth research, and artificial intelligence. 2/8 Image
May 30, 2023 10 tweets 4 min read
⚡🔋|By 2030, China will manufacture more than twice as many electric batteries as all other countries combined.

The country has invested over US$130 billion in research incentives, government contracts, and subsidies for the purchase of electric vehicles.

Follow the 🧵1/7 Image China dominates 41% of the world's cobalt mining reserves & refines 73%. It also refines 95% of the world’s manganese, 70% of the graphite, & 67% of the lithium.

With government support, companies are able to refine minerals at higher volumes and lower cost than elsewhere. 2/7
May 4, 2023 7 tweets 3 min read
🇨🇳🇺🇸 | US Treasury Secretary Janet Yellen claims that China's "untying" would be "disastrous", while announcing that the Biden government is preparing a program to "restrict certain US foreign investments in specific sensitive technologies". 🧵1/5 Image In a speech at the Johns Hopkins School of Advanced International Studies, Yellen said the US seeks a healthy, constructive, and fair economic relationship with China, and that sanctions against China are not intended to "stifle" the Chinese economy. 2/5
May 4, 2023 5 tweets 2 min read
Chinese scientists successfully test real-time wireless transmission using 6G technology for the first time. Although 6G cellular networks are far from becoming a reality, the experiment achieved a speed of 100GB per second in a 10GHz bandwidth. 🧵1/2 Image In the future it is expected that peak speeds using 6G will reach one terabit (1,000GB) per second; the technology used was terahertz waves, which allows more information to be transported at higher speeds. 2/2
May 3, 2023 8 tweets 3 min read
🛬 🇨🇳 | Boeing (US) has competed with Airbus in the Chinese market, but US government trade restrictions have made it difficult for the US aerospace giant to sell passenger aircraft, allowing Europeans to gain ground. 🧵1/5 Image In April, Airbus said it would double capacity at its A320 plane assembly plant in Tianjin, increasing its access to the world's second-largest aviation market as domestic travel in China begins to approach pre-pandemic levels. 2/5
May 2, 2023 4 tweets 2 min read
🇧🇩 ¥ 🇷🇺 | In an unprecedented move, Bangladesh & Russia signed an agreement to finance, in yuan, the construction of a nuclear power plant.

The RMB 87.5 billion project will be 90% financed with a Russian loan repayable in 28 years, with a grace period of 10 years. 🧵1/2 📷 | M. Nafis Fuad Using the yuan resolved an impasse in the agreement. Bangladesh was unable to pay Moscow using dollars after Russia was banned from the international Swift money transfer system last year. 2/2 📷 | Director General of Rus...
Apr 14, 2023 9 tweets 4 min read
🦠😷| According to the latest findings of Chinese scientists, COVID is unlikely to originate from animals and was not present in the human population in Wuhan before December 2019. 🧵1/7 📷: China.com.cn Analyzing over 1,300 environmental samples from the Huanan Seafood Market from Jan-Mar 2020, scientists found that the COVID strains present were almost identical to those found in people, indicating that the virus came from humans. 2/7 📷: CNS Photo
Apr 14, 2023 5 tweets 2 min read
🚚🇰🇵🇨🇳 | Vital Trucking Corridor Between China and North Korea Reopened

After a two-year shutdown, road freight between the two neighbors has resumed as North Korea slowly restarts international trade after COVID lockdowns. 1/3 📷: VCG Beginning in 2020 during the COVID pandemic, N. Korea closed nearly all shipping by road, rail, & ocean. Freight from China via ships & trains was restarted last September, but trucking has been on hold. 2/3
Apr 14, 2023 5 tweets 2 min read
🛰️🇨🇳| World’s First: Satellites for sale on Chinese e-Commerce site Taobao

Commsat, a commercial space start-up, is using the on-line platform Taobao to sell three satellite models. Prices start at 1 million yuan (US$145,140).

Experiment or revolutionary? 1/3 📷: Comsat The company says it’s an experiment to make satellites accessible to the public just like cars.

Models include a 5kg CubeSat for individual schools or SMEs and a 200kg (US$4.3 million) giant that can be bought whole or split into shared payloads. 2/3
Apr 13, 2023 7 tweets 3 min read
🇸🇦🇮🇷🇨🇳| Saudi Arabia & Iran Resume Diplomatic Relations At Beijing Meeting

The two former opponents announced the resumption of diplomatic ties, effective immediately, last Thursday during a meeting facilitated by China.

A 🧵on this historic event. 1/5 📷: Xinhua In the first formal meeting between Saudi and Iranian top diplomats in seven years, both sides signed a joint statement and agreed to reopen embassies in each other's capital cities within two months. 2/5 📷: Xinhua
Apr 12, 2023 7 tweets 3 min read
🧹🤖| Want an AI Butler Like JARVIS? A Chinese Research Team Just Made It Possible

Researchers from Zhejiang University & Microsoft Research Asia in Shanghai have created an AI model that manages other AI models to complete tasks.

A 🧵on an exciting approach to AI. 1/ 5 📷: Marvel Studios The new model, HuggingGPT, uses large language models (LLMs) to connect different AI models to each other to solve complicated tasks without human input.

Built on the HuggingFace platform, AI model host HuggingGPT can solve tasks involving language, vision, speech, & more. 2/5 📷: Zhejiang University & Mi...
Mar 25, 2023 4 tweets 2 min read
Students in primary and secondary schools in East China's Zhejiang province will study artificial intelligence as one of their compulsory courses, equivalent to mathematics or English. Information technology became one of the subjects tested during the gaokao, the national college entrance exam. The introduction of an AI course in schools would lay a good foundation for students.
Mar 24, 2023 7 tweets 3 min read
⚡🇨🇳📱| Tech War: Huawei Replaces 13,000 Parts With Local Substitutes To Overcome US Sanctions

During a speech at Nanjing University,the tech giant’s founder, Ren Zhengfei, has revealed how the firm has survived US imposed crushing sanctions aimed at destroying it.

Small 🧵1/4 🎨: VCG Ren said that Huawei also had to redesign over 4,000 circuit boards across various product lines and source parts from local companies to stabilize production.

The 78-year-old founder said that his “mind went blank” when the sanctions were announced back in 2019. 2/4 🎨: Xinhua
Mar 23, 2023 8 tweets 3 min read
⚡✍🏻🤖| Baidu Launches ERNIE AI Chatbot with 877,000 Potential Users on Waitlist as of Monday

First revealed to the public last Thur, ERNIE uses a multi-modular large language model comparable to ChatGPT that can answer questions in Mandarin & dialects like Sichuanese.

🧵 1/7 📷: Baidu The bot can do creative writing, commercial copywriting, mathematical logic deduction, Chinese language comprehension, and multimodal generation, according to Baidu.

Baidu is the first major Chinese tech company to reveal an LLM built for China. 2/7 📷: The China Academy
Mar 20, 2023 9 tweets 3 min read
Last monday, the new Chinese Premier, Li Qiang, holds his first press conference following the closure of the Two Sessions

Here are some of the main takeaways from his speech that offer signs about what may lie ahead for China in the near future. A 🧵1/7 📷: Xinhua China will shift its economic focus to high-quality development and improve capacity for science and technology. The Premier added that the average Chinese entering the labor force has 14 years of education under their belt. 2/7 📷: Xinhua
Mar 20, 2023 4 tweets 2 min read
The Two Sessions set "high-quality development" as China's main goal. The principle is understood as an innovative, coordinated, green, and open development for all. The Congress approved the creation of the National Data Bureau to regulate the digital economy. 🧵1/3 The new body will also oversee data operations of large internet companies. An entity to ensure the security & efficiency of the financial services sector was also created. The National Financial Regulatory Administration will oversee protection of the sector consumer rights. 2/3