A 30% to 40% reduction in imports from China after the European Union imposed a duty of EUR 3 on small packages of less than EUR 150 in an effort to limit the influx of orders from the Chinese Shein, Temu and AliExpress platforms. For years, these packages from China were flooding Europe, as [...]
To life imprisonment was sentenced the founder of the Evergrande group, Hui Ka Yan, for a series of economic offences associated with the collapse of the Chinese estate colossal. The court also ordered the seizure of his entire personal property. The 67-year-old Hui, who in 2017 had emerged from Forbes as the richest man in China with [...]
Europe can now hope that its dependence on Chinese lithium reserves has an expiry date after the start of mining at the Finnish deposit. The vast energy treasures found in Finland presuppose that Europe will be able to rely on its own forces for the energy transition to electricity, building it [...]
The leading artificial intelligence model of Chinese startup Moonshot, Kimi K3, managed to escape a cybersecurity testing environment developed by the British Institute for Artificial Intelligence Security (AIS), as announced on Thursday by the research firm Frontier Security, causing concerns about the cybersecurity risks posed by advanced artificial intelligence systems. The [...]
