India and China Will Resume Their Air Travel Services
In the recent geopolitical and economic changes in Asia, two economic powers, India and China, showed signs of improved relations. Nearly five years later, India and China resumed their air travel service and are working on resolving their differences over trade and economic issues. In a meeting on 27th Jan
China’s AI Model Rival’s American Technology Giants
In the latest turn of events, Chinese startup DeepSeek launched its open-source AI model to rival OpenAI, Google and other US tech giants. Moreover, according to the New York Times, the company utilised significantly fewer specialised computer chips to develop the model than its US counterparts. To build DeepSeek R1,
Sri Lanka And China Signs $3.7 Bn Oil Deal
In the landmark move to enhance Sri Lanka’s energy sector, the island nation has signed a significant deal of $3.7 billion with the leading Chinese oil giant. The agreement marks a major step in Sri Lanka’s efforts to expand its oil refinery capacity and infrastructure. With this partnership, Sri Lanka
China’s New Move to Sideline India’s Apple Boom
As the Make in India campaign strides in the Global landscape, China faces the burn of growth. According to the Economic Times, China appears to be attempting to hinder the growth of a key milestone in India’s domestic manufacturing journey: Apple production. As India’s electronics manufacturing sector has only recently
China’s Auto Industry Hits 31 Million Sales in 2024!
According to the Global Times, China’s auto production and sales witnessed a sharp growth in the auto industry. The news agency further mentioned that, in 2024, China produced 31.28 million vehicles and sold 31.44 million, marking year-on-year increases of 3.7% and 4.5%, respectively. These figures set new records and exceeded
Hyundai to Launch the lowest-cost Electric Car in Japan
The world’s third-largest motor group, Hyundai, is ready to penetrate the Chinese EV market, which is currently dominated by local brands, and will soon launch the most affordable electric car, Inster. This EV debuted in Europe in June 2024 and will be available for Japanese residents in May this year.
Top 10 Exporting Countries in Asia: Trillions in Trade
Asia, home to the fastest-growing economies in the world, also has some of the biggest exporting countries. Imports and exports are the backbone of every country’s economy. From the towering skyscrapers of Shanghai to the dynamic tech hubs of Bangalore and Seoul, Asia’s export economy is a story of relentless
Japan’s High-Speed Fibre is Heading to the USA!
Recently, Tokyo announced that it will promote light-based telecommunications technology to U.S. tech giants. According to Nikkei Asia, the Ministry of Internal Affairs and Communication will extend its support to Japanese companies like Nippon Telegraph & Telephone and tech group Fujitsu, which are candidates for participation in opening a demonstration
Macau: From Casino Crown to China’s New Frontier
Macau, the gambling capital of the world, is now facing new political challenges from China. China’s President Xi Jinping recently visited the territory to mark its anniversary. In his speech, he mentioned “return to the motherland,” indicating that the territory would operate less independently. Moreover, according to the New York
Nvidia Hit by China’s Anti-Monopoly Investigation
Chinese authorities launched an antitrust investigation on Monday against Nvidia, one of the world’s biggest chip manufacturers. According to the authorities, Nvidia has breached the country’s anti-monopoly law. The company’s share value slid by 2.2% after the news broke. However, experts claim that the investigation is retaliation against Washington’s latest
