U.S. charges 2 Chinese men of corporate and Intellectual property theft from General Electric Co.

The most significant part of the indictment is that this is the first time that the United States has tied these economic and intellectual property thefts to the Chinese government. In a significant development, as per an indictment unsealed by the U.S. Justice Department, a Chinese businessman as well as a former engineer working at…

China backs hydrogen and fuel cell technologies for a greener future

China’s Ministry of Industry and Information Technology (MIIT) stated, the government will nurture and promote greener technologies, such as hydrogen and fuel cell, for the transportation market. On Tuesday, a Chinese government official stated, China back the development of hydrogen energy and fuel cell vehicle industry as part of a wider effort to promote green…

Toyota establish green technologies research center with China’s Tsinghua University

The move is likely to help China in its goal to expand its tech capability, manufacturing and distribution channels and better compete in the world stage. Toyota Motor Corp stated, it is in the midst of setting up a research institute in Beijing in partnership with Tsinghua University. The partnership will study uses of car…

China taps wind energy to power heating systems for winters

China will subsidize wind energy generators that generate power for heating systems during winter at the local government level. On Friday, China said it would use wind energy in order to generate sufficient power for heating systems during bitterly cold winters. The development is aligned with China’s stated aim to slash carbon emissions from coal-burning…

Qualcomm to shutdown its Chinese joint venture on advanced semiconductors

The move is aligned with the Trump Administration’s policy on Beijing vis-a-vis semiconductors. On Friday, as per a report from The Information citing sources who are employees at a joint venture between U.S. smartphone chipmaker Qualcomm Inc and China’s Huaxintong Semiconductor (HXT), the joint venture is set to close by the end of this month.…