China successfully sent the Gaofen-9 04 高分九号04星 high-resolution satellite into orbit on Thursday. Launched by a Long March-2D rocket, the satellite will be used for land survey, city planning, land rights confirmation, disaster prevention and mitigation, among other tasks.
The UK’s AstraZeneca signed a deal with Shenzhen-based BioKangtai to cooperate on R&D, production and supply of the Oxford-AstraZeneca COVID19 vaccine in the Chinese mainland. BioKangtai will expand its annual production capacity to 100 million doses, reports said.
China will start developing and testing a 600 km/h high-speed maglev train and 400 km/h high-speed passenger train, according to a guideline released by the Ministry of Transport.
An American pilot was arrested at his Hong Kong flat on Wednesday night after a live round, and more than 9,000 blank and spent cartridges.
Officers were called to a warehouse in Tsing Yi at 5.40pm on Wednesday, when staff at a logistics company found the haul when they opened the boxes for inspection.
“The haul contained one live round, more than 4,000 empty cartridges, and about 5,000 spent cartridges,” a police source said.
The boxes were brought back to the warehouse after being sent to the Kennedy Town home of the 44-year-old pilot.
The new rule from the Trump administration stated that chip manufacturers such as TSMC cannot use American know-how to make semiconductors for Huawei, accusing the Chinese company of undertaking “malign activities contrary to U.S. national security and foreign policy interests.” Since U.S. equipment, software and materials are an irreplaceable part of chip manufacturing, the edict meant that Huawei can no longer use its own chips in its devices.
But Huawei’s smartphones, routers, switches and other hardware can use chips designed by outside parties, even if they’re manufactured with American technology.
It designs 5G chips for both smartphones and base stations, and has them manufactured by TSMC, making it the perfect replacement for the Huawei-designed chips that can no longer be made.
Already a supplier to the Chinese company, MediaTek’s orders from Huawei are reported to have jumped after the restrictions, spurring analysts to raise their outlook for 2020 revenue by 14% and for next year by 29%.
Huawei on Wednesday announced it will invest 2.5b yuan ($360b) in the ecological construction of the all-optical industry in the next five years. Huawei expects F5G, the all-optical network, to bring at least 100b yuan of industrial investment in the same period. Efforts to define solutions for fifth generation fixed networks (F5G) have accelerated with work already progressing in key areas and a trebling in the number of members since the launch of the ETSI ISG F5G in February 2020. Next-generation fixed line networks are needed to complement and support the 5G wireless networks being deployed across the world and support the growing number of cloud services requiring high bandwidth and/or low latency connections. The ETSI ISG F5G industry specification group is aiming to open up new opportunities that will use full-fiber connections (FFC) to drive enhanced fixed broadband (eFBB) and deliver a guaranteed reliable experience (GRE).
TikTok confirmed Thursday that it will establish a new European data center in Ireland, its first in Europe, a move that analysts said displays the company’s determination to strengthen data security and pursue overseas expansion, despite the US’ mafia-style crackdown on the short video app.
The investment in Ireland, to the value of approximately 420 million euros ($500 million), will create hundreds of new jobs and play a key role in strengthening security of TikTok’s user data in Europe backed up with a state-of-the art network security defense system there.
The data center is expected to be operational in early 2022.
TikTok established the Europe, the Middle East and Africa (EMEA) Trust and Safety Hub in the Ireland’s capital Dublin at the beginning of the year. TikTok’s Irish company has recently become the data controller alongside TikTok’s UK company, with the former now the service provider for users across the European Economic Area and Switzerland, according to TikTok.
Why is Trump going to ban TikTok? Here are three possible reasons: 1.A rising Chinese company puts pressure on US tech giants 2.Young Americans love TikTok, Trump who is very fearful of Chinese influence on the youths 3.The US targets foreign companies that threaten its technology superiority.
Major Chinese commercial banks in Shenzhen, South China’s Guangdong Province, have started testing the application of the central bank-backed digital currency in recent days among their internal employees, under which the Digital Currency Electronic Payment (DCEP) is used for payments and transfers.
Employees at those banks can download a digital wallet app named “digital RMB” for the digital currency’s closed trial, and each digital wallet account has a corresponding code that is linked to the employee’s identity.
The banks enlisted in the test include the Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China and China Construction Bank.
Users can top up the digital wallet by online banking or by using their bank card. So far, the app is not available for public downloads.
The application of DCEP in the tests includes topping-up, withdrawing deposits, transferring payments and paying by QR code, although tests for the last function are rare due to limited consumption scenarios.
In particular, the digital currency’s payment transfer can be completed only by typing the telephone number of the recipient, and employees are also testing the function without network support.
8-14-20 China will launch RMB digital currency pilot projects in the Beijing-Tianjin-Hebei region, Yangtze River Delta and Guangdong-Hong Kong-Macao Greater Bay Area, and some areas in central and western regions, according to a notice issued by China’s Ministry of Commerce on Friday.
Ottawa will impose retaliatory tariffs on U.S. goods in response to President Donald Trump’s decision to restore a 10 per cent tariff on Canadian aluminum imports.
Prime Minister Justin Trudeau and Deputy Prime Minister Chrystia Freeland announced the measures Thursday evening hours after Trump said he would impose the tariffs during a campaign speech at a Whirlpool factory in Ohio, citing national security concerns.
Freeland, in a statement, said Canada “intends to swiftly impose dollar-for-dollar countermeasures” in response.
