China

BEIJING, Sept. 5 (Xinhua) -- Russian air defense forces have destroyed Ukrainian drones in the Kaluga and Moscow regions, the Russian Defense Ministry said on Tuesday.

"Today at night, air defense forces destroyed drones in the Kaluga Region and in the Istra district that were trying to commit an attack on Moscow," Moscow Mayor Sergei Sobyanin said on his Telegram channel.

Sobyanin added that according to preliminary data, there was no damage or casualties on the crash site and emergency services are working on the site.

BEIJING, Sept 4 (Reuters) - Chinese President Xi Jinping's first major reform plans a decade ago were also his boldest, envisaging a transition to a Western-style free market economy driven by services and consumption by 2020.

The 60-point agenda was meant to fix an obsolete growth model better suited to less developed countries - however, most of those reforms have gone nowhere leaving the economy largely reliant on older policies that have only added to China's massive debt pile and industrial overcapacity.

Sept 4 (Reuters) - Huawei Technologies and China's top chipmaker SMIC (0981.HK) have built an advanced 7-nanometer processor to power its latest smartphone, according to a teardown report by analysis firm TechInsights.

Huawei's Mate 60 Pro is powered by a new Kirin 9000s chip that was made in China by Semiconductor Manufacturing International Corp (SMIC), TechInsights said in the report shared with Reuters on Monday.

BEIJING, Sep 3 (APP): Pakistan International Airlines (PIA) has introduced connected flights between Pakistan and 16 captivating cities of China via Beijing in partnership with Air China, PIA Country Manager, Bilal Afzal said on Sunday.

These Chinese cities include Guangzhou, Wuhan, Urumqi, Shenzhen, Xian, Shenyang, Shanghai, Ningbo, Nanjing, Harbin, Hangzhou, Hohhot, Dunhuang, Chengdu, Changchun, and Chongqing, he told APP on the sidelines of China International Fair for Trade in Service (CIFTIS) in Beijing.

BEIJING (AP) — Aspiring Taiwanese independent presidential candidate Terry Gou has resigned from the board of Foxconn, the Apple supplier he founded nearly a half-century ago.

The company, officially registered as Hon Hai Precision Industry Co., Ltd., issued a news release late Saturday saying Gou, its former chair, had resigned for personal reasons.

It wasn’t clear what, if any, immediate effect Gou’s decision would have on the operations of Foxconn, ranked 20th in the 2023 Fortune Global 500 and considered one of the world’s largest technology companies.

BEIJING (AP) — Much of southern Taiwan came to a standstill Sunday as Typhoon Haikui churned over towns and farmland. Residents were urged to stay home and flights, rail transport, ferry services, classes and outdoor events were suspended, but there were no reports of injuries or serious damage.

The storm made landfall in Taitung county on the Pacific-facing east coast around 3 p.m. (0700 GMT) Sunday, bringing sustained winds of 155 kph (96 mph) and gusts of 190 kph (120 mph).

BEIJING (AP) — Typhoon Saola made landfall in southern China before dawn Saturday after nearly 900,000 people were moved to safety and most of Hong Kong and parts of the coastal mainland suspended business, transport and classes. Damage appeared to be minimal, however, and some services were returning to normal by afternoon.

Meanwhile, Taiwan issued a warning Saturday for a second typhoon, Haikui, which was expected to pass over the island Sunday, before traveling onward to the central Chinese coast.

SHANGHAI/SAN FRANCISCO, Sept 1 (Reuters) - Tesla (TSLA.O) shares fell nearly 6% on Friday after the electric automaker unveiled a restyled, China-made Model 3 with a higher price, while slashing prices of its premium vehicles and its "Full Self-Driving" (FSD) software.

The launch of the new Model 3 sedan marks the first time the automaker has rolled out a vehicle in China ahead of the United States, underscoring its growing reliance on the country where it is in a race for market share with BYD (002594.SZ).

HONG KONG (AP) — Most of Hong Kong and other parts of southern China ground to a near standstill Friday with classes and flights canceled as powerful Typhoon Saola passed along the coast.

Many workers stayed at home and students in various cities saw the start of their school year postponed to next week. Trading on Hong Kong’s stock market was suspended and hundreds of people were stranded at the airport after about 460 flights were canceled in the key regional business and travel hub.

BEIJING, Aug 31 (APP): China will hold the third Belt and Road Forum for International Cooperation in Beijing in October, Chinese Foreign Ministry spokesperson Wang Wenbin announced on Thursday.

With connectivity as the priority, the Belt and Road Initiative (BRI) aims to provide a new platform for international economic cooperation and inject new impetus into the development of all countries as well as global economic growth, Wang said during his regular briefing held at the International Press Center.