Chinese social media app RedNote, known locally as Xiaohongshu, has seen an influx of more than 700,000 US users, driven by looming TikTok restrictions in the US due to national security concerns. Many Chinese users welcomed “TikTok refugees” with selfies and messages on Wednesday, while Beijing encouraged stronger cultural ties through such exchanges. RedNote, which … Read more
US President Joe Biden plans to issue a new executive order in the coming days to strengthen cybersecurity for federal agencies and contractors. The move is intended to address recurring cyberattacks linked to Chinese hackers and cybercrime groups, according to a draft of the order cited by Reuters. The order comes as Biden’s presidency draws … Read more
China’s CATL, the world’s largest electric vehicle battery maker, on Tuesday unveiled a new chassis for electric vehicles that integrates the battery directly into the vehicle’s frame. The company claims that the chassis can withstand a 120 km/h frontal impact without the battery igniting or exploding. The structure, called “Banshee” or “rocks,” supports electric vehicles … Read more
The Competition Commission of Pakistan (CCP) held a high-level publication session at its head office to present the findings and recommendations of its recently published report. Study evaluating competition in the energy sector. The session was chaired by Central Control Committee members Mr. Saeed Ahmed Nawaz, Mr. Salman Amin and Ms. Bushra Naz Malik, with … Read more
Disney’s “Mufasa: The Lion King” debuted at No. 1 at the box office in mainland China, ending “Her Story’s” four-week reign at the top. Data from consulting firm Artisan Gateway showed that Mufasa: The Lion King fell by 56.1 million Chinese yuan ($8 million). In second place, Donnie Yen’s Hong Kong action drama “The Prosecutor” … Read more
The Competition Commission of Pakistan (CCP) has imposed sanctions on three dairy associations in Karachi for colluding to influence fresh milk prices, in violation of Section 4(1) and 4(2)(a) of the Competition Act, 2010. The penalties include Rs 1 million on M/s Dairy and Cattle Farmers Association (DCFA) and PKR 500,000 each on M/s Karachi … Read more
Prime Minister Muhammad Shehbaz Sharif was informed that more than 200 business-to-business (B2B) business agreements, along with memorandums of understanding worth $70 million, have been signed with several Chinese companies, according to APP. The Prime Minister chaired a review meeting to assess the progress of ongoing projects and various initiatives under the Board of Investment, … Read more
The Karachi Port Trust (KPT) is facing criticism for recommending a vital dredging contract to a non-compliant Chinese company, despite strong opposition from its technical committee, according to a report. The move raises transparency concerns over public procurement processes and threatens critical infrastructure deadlines. The contract includes maintenance dredging of 4 million cubic meters of … Read more
US authorities are reportedly considering banning TP-Link Technology Co, a Chinese maker of home internet routers, over national security concerns. This development comes in the wake of allegations that TP-Link routers were linked to cyberattacks, according to a report by the TP-Link Foundation. Wall Street Journal. In August, two US lawmakers urged the Biden administration … Read more
IslamabadAs 2024 draws to a close, China and Pakistan continue to strengthen the successful partnership aimed at enhancing Pakistan’s renewable energy capacity. The two countries are cooperating on several solar projects, primarily under the China-Pakistan Economic Corridor (CPEC). Over the past year, China and Pakistan have strengthened public-private cooperation to finance and develop renewable energy … Read more