China develops satellite internet as Chinese researchers from the Chinese Academy of Sciences and Peking University of Posts and Telecommunications achieve a major milestone: a 1 Gbps laser-based satellite internet link from a geostationary satellite orbiting 22,807 miles above Earth, about five times faster than current Starlink speeds. “Chinese researchers have just achieved a new 1Gbps data…
Pakistan’s meat industry has achieved a significant milestone, with exports to China reaching $3.37 million from January to September 2024. This achievement underscores the growing demand for Pakistani meat in the Chinese market and highlights the strategic efforts made by both countries to enhance trade relations. Meat Export Surge The General Administration of Customs of…
HEC Sponsored China Study: The Higher Education Commission (HEC) of Pakistan has recently launched a fully funded study program for China, open to both undergraduate and graduate students. This six-month study/placement opportunity is a significant step towards fostering cross-cultural understanding and enhancing professional skills among the students. The primary objective of this initiative is to…
Chinese tech giant Xiaomi, renowned for its affordable smartphones and home appliances, has taken a bold leap into the electric vehicle (EV) industry. With the launch of its first electric car, the Xiaomi SU7, the company aims to disrupt the status quo and compete head-on with established players like Tesla and BYD. The Xiaomi SU7:…
Haval Second-Gen Big Dog Hi4: Haval, the renowned Chinese automaker, has recently introduced its second-generation Big Dog Hi4 SUV, marking a significant milestone in the luxury SUV segment. With a price tag of 179,800 yuan (equivalent to 7 Crore PKR), this vehicle is set to redefine opulence and performance in the automotive industry. The second-gen…
Tesla, a major player in the EV industry, faces a stock decline as it again lowers prices for its vehicles in China. This action prompted investor and analyst discussions, questioning Tesla’s profitability and strategy in China’s highly competitive electric car market. The manufacturer announced 14,000 yuan ($1,929) discount on two Model Y models in China…
It was recently revealed that China has launched an investigation into US chipmaker Micron Technology over potential cyber security risks. The investigation has raised concerns about the security of technology supply chains and heightened tensions in the ongoing trade war between the US and China. According to reports, Chinese regulators went to Micron’s offices in…
Nike, the world-renowned athletic footwear and apparel giant, recently announced its earnings for the 2023 holiday quarter. The report revealed some of the challenges the company faced during this period, including excess inventory and weak sales in China. One of the biggest challenges Nike faced during the holiday quarter was excess inventory. This means that…
