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12.12.25 - 13:06
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Chinese robotaxi firm Pony.ai bets on ′asset-light′ strategy for growth (SCMP)
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Chinese autonomous-driving technology firm Pony.ai is betting on an “asset-light” strategy and newer generations of low-cost driverless cars to drive growth for its robotaxi operation as the company expects to break even by 2030.
Under the asset-light model, Pony.ai would team up with third-party companies – such as taxi operators or ride-hailing platforms – that would fund the deployment of its robotaxi fleet, according to Leo Wang Haojun, chief financial officer.
Instead of taking on the full......
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12.12.25 - 10:30
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Battle For Rare Earths And Recognition: Germany′s Wadephul Arrives In China As A Supplicant (ZeroHedge)
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Battle For Rare Earths And Recognition: Germany's Wadephul Arrives In China As A Supplicant
Submitted by Thomas Kolbe
After German Foreign Minister Johann Wadephul was forced to cancel his October trip to China due to a lack of scheduled meetings, he has now finally met with Foreign Minister Wang Yi and Commerce Minister Wang Wentao. At the center of the talks was one issue with immense strategic weight for Germany and Europe: the future handling of critical raw materials—above all rare earths.
The relationship between Germany and the EU on the one hand and China's political leadership on the other is clearly creaking. The growing trade tensions between both sides have become impossible to ignore.
In October, rising diplomatic friction culminated in China's export halt on rare earth elements.
Rare earths, put simply, are a foundational pillar of modern industrial production and high-end technology. Without them, production stalls—and China's sudden export freeze sent shockwaves through...
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12.12.25 - 10:30
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Chinese Drone "Mothership" Capable Of Swarm Attack Takes Flight (ZeroHedge)
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Chinese Drone "Mothership" Capable Of Swarm Attack Takes Flight
Whether launched from shipping containers, robotic arms, commercial box trucks, or delivered by heavyweight jet-powered mothership drones, the creativity of military technology developers in designing and deploying loitering-munition swarms has been remarkable to watch.
The latest piece of military hardware to hit our radar is China's Jiutian ("Nine Heavens") unmanned aerial mothership, capable of hauling up to six tons of guided bombs, air-to-air and anti-ship missiles, or entire racks of kamikaze drones.
Jiutian's internal bay can deploy up to 100 kamikaze drones for a saturation-swarm attack, flying in coordinated patterns to strike targets simultaneously and overwhelm defenses.
Jiutian was first revealed at the air show in Zhuhai, in China's southern Guangdong province near the border with Macau, last year. Now footage has surfaced of the mothership drone taking off for the first time.
The short footage...
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12.12.25 - 08:01
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ASML CEO: China Won′t Accept Being Cut Off From AI Chips (Bloomberg)
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Christophe Fouquet, the CEO of ASML, tells Bloomberg Television that China will not accept being cutoff from Western chips, artificial intelligence and technology. ASML is the only company in the world making extreme ultraviolet lithography machines, which are vital for manufacturing advanced AI chips used by the likes of Nvidia and Apple. Fouquet spoke with Bloomberg's Tom Mackenzie in an exclusive conversation at the company's headquarters in Veldhoven, the Netherlands, on November 14. (Source: Bloomberg)...
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12.12.25 - 07:54
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China Signals Modest Stimulus For 2026 | The China Show 12/12/2025 (Bloomberg)
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“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Annabelle Droulers and Stephen Engle give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)...
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