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Sunday, June 23, 2019

Huawei: A Coffee With Ren; Innovation is a driving force within China's economy today

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Huawei Founder and CEO Ren Zhengfei hosted “A Coffee With Ren” discussion at the company’s headquarters, where he invited two distinguished guests to join him. Futurist, author and venture capitalist, George Gilder and Co-founder of the MIT Media Lab, Nicholas Negroponte, participated in this live streaming where the gentlemen shared their thoughts on Huawei’s contribution to science & technology, commitment to partners all over the world, the US sanctions and many more.

For more details, watch the full discussion.

 

Huawei CEO Ren: We have a globalized economy

https://youtu.be/f6y6ka32-qs

"To me, the fundamental problem is the necessity of cooperation," said Ren Zhengfei, founder and CEO of the world's largest telecommunications equipment manufacturer Huawei, in a discussion with two U.S. technology gurus George Gilder and Nicholas Negroponte in Shenzhen, China on Monday. #China #Huawei #Technology


Innovation is a driving force within China's economy today. Yet behind that innovation, what's the role of research and development?


https://youtu.be/xo_OLlL7XqI
https://youtu.be/xo_OLlL7XqI?t=199



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Friday, June 21, 2019

N. Korean Glorious welcome for Predident Xi, China to support security, development concerns

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https://youtu.be/5cOCsVVc8Sg https://youtu.be/XzzUWwnRzOU

Chinese President Xi Jinping and North Korean leader Kim Jong-un held talks in Pyongyang Thursday where Xi received an unprecedented welcome. The talks touched on the China-North Korea relationship and the Korean Peninsula issue.

Xi, also general secretary of the Central Committee of the Communist Party of China (CPC), kicked off his two-day state visit to the neighboring country at the invitation of Kim, chairman of the Workers' Party of Korea (WPK) and chairman of the State Affairs Commission of the Democratic People's Republic of Korea (DPRK).

Xi said during the talks that the international community expects the DPRK and the US to keep pushing negotiations forward to reach a result, and China is willing to provide assistance to the DPRK in its "reasonable concerns on security and development."

China is willing to cooperate with the DPRK and other parties involved in the issue to push the political solution, Xi noted.

Kim responded that the DPRK highly appreciated China's contributions in pushing forward the peace process of the peninsula issue.

His country has made positive efforts to avoid tensions in the past year, but "relevant parties" haven't offered any positive response, and this is not what the DPRK wants to see, Kim said. But North Korea is patient to keep communicating with "relevant parties" to find a solution that could be accepted by all parties, Kim noted.

Zheng Jiyong, director of the Center for Korean Studies at Fudan University in Shanghai, said a key reason why the bilateral negotiations between North Korea and the US can't move on is that Washington doesn't want to offer a positive response to Pyongyang's security concerns. Pyongyang feels insecure and so it is reluctant and suspicious to make more concessions, he noted.

"China is capable of making North Korea feel secure and protecting it from unreasonable bullying and threats," Zheng said.

Lü Chao, a research fellow at the Liaoning Academy of Social Sciences in Shenyang, said that although the US prefers a bilateral mechanism, it still needs a third party to guarantee the implementation of denuclearization once it reaches an agreement with North Korea.

A third party or a new international cooperation mechanism is needed at this moment, Chinese experts noted, as the G20 summit in Osaka, Japan will take place at the end of the month, and five parties - China, the US, Russia, Japan and South Korea - of the Six-Party Talks, except North Korea, will gather in Japan, offering a good opportunity for them to discuss such an issue.

China is showcasing its unique influence over the peninsula issue to the US before the G20, Chinese experts noted.

At the invitation of Xi Jinping, general secretary of the Central Committee of the Communist Party of China (CPC) and Chinese president, Kim Jong-un, chairman of the Workers' Party of Korea (WPK) and chairman of the State Affairs Commission of the Democratic People's Republic of Korea (DPRK), paid an unofficial visit to China from March 25 to 28. During the visit, Xi held talks with Kim at the Great Hall of the People in Beijing. Xi held a welcoming ceremony for Kim before their talks. Photo: Xinhua


Unprecedented ceremony

From the welcome ceremony at Pyongyang International Airport to the unprecedented salutation at the Kumsusan Palace of the Sun, Xi received the highest-level reception in the capital of North Korea that shows North Korea attaches great importance to the China-North Korea relationship with firm traditional friendship, Chinese experts noted.

About 10,000 people participated in the ceremony at the airport to welcome Xi and his wife Peng Liyuan. Meanwhile, hundreds of thousands of Pyongyang citizens formed a long welcoming line alongside the highway from the airport all the way to the Kumsusan Palace of the Sun. There were national flags and banners with slogans about friendship, unity and welcome everywhere in Pyongyang on Thursday.

This is the first time that a visiting foreign top leader received a salutation from the North Korean people at the Kumsusan Palace of the Sun, a magnificent building near the northeast corner of Pyongyang that serves as the mausoleum for Kim Il-sung, founder of the DPRK, and for his son and North Korean former leader, Kim Jong-il, who were both posthumously designated eternal leaders of North Korea, Xinhua reported.

Special relationship

"This is like three generations of North Korean leaders are witnessing a new milestone in the bilateral traditional friendship being forged by Xi's visit," Lü said.

After the ceremony, Xi and Peng moved into the Guesthouse of Kumsusan. Zheng said that the Kumsusan has unusual meaning in North Korea as it belongs exclusively to the Kim family. Kim was trying to emphasize his close and unique relationship with Xi.

"The ceremony is just like welcoming a family member and this also means the two parties and the two countries have a special relationship," Zheng said.

Rodong Sinmun, the WPK's flagship newspaper, said in an editorial Thursday that Xi's visit to "the DPRK despite the urgent and important tasks due to the complicated international relations vividly shows that the Chinese party and government are placing great importance on the DPRK-China friendship."

The history of the DPRK-China relations vividly records the comradely friendship between the leaders of the elder generation who closely cooperated with each other hand in hand on the road to accomplishing the cause of anti-imperialist independence, peace and socialism, the editorial said.

Xi said during the talks with Kim that the China-DPRK friendship is a strategic choice made by the two sides with a long-term and overall perspective and will not waver due to changes in the international situation.

It is a steadfast policy of the CPC and the Chinese government to maintain, consolidate and develop China-DPRK relations, he stressed.

The top leaders of China and the DPRK agreed during their talks to work together to create a bright future of inter-party and inter-state relations at a new starting point in history, Xinhua reported.

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US hypocritical in accusing China of tech theft

Photo: IC
https://youtu.be/tGD072hQGP8

 

The US has no lack of a “criminal record” in terms of technology theft.


 The US has repeatedly ignored China's innovative breakthroughs through self-reliance and hard work but accuses China of "stealing" US technology and intellectual property rights. These arguments do not hold water.

These absurd accusations imply that the US must be the absolute leader in technological innovation - only the US is qualified to make major breakthroughs while others should merely follow its lead and import its technology, otherwise they are "stealing." Such logic is ridiculous.

A country's technological innovation capability is closely related to its scientific research resources, such as talents, capital, and scientific experimental devices. Leading scientific research resources have determined the US leading position in various science and technology fields. Nonetheless, economies including the EU, China, Japan, Russia and India have also mastered considerable scientific research resources and developed technological innovation capabilities with their own characteristics and advantages.

It is due to such relatively scattered distribution of global research resources that the US can never be an "all-round champion" of technological innovation. It is natural that other countries will catch up with the US in certain fields.

Historically, the US made a great fortune during WWII, and out-competed the Soviet Union in terms of comprehensive national strength during the Cold War. Even so, the US failed to gain absolute dominance over the Soviet Union in technological innovation.

As a major technological innovator keeping pace with the US, the Soviet Union set multiple world records in its golden age. The world's first nuclear power plant, artificial earth satellite, manned spacecraft, space station and intercontinental missiles were all built by the Soviet Union. As far as weapons and equipment are concerned, both the Soviet Union and the US had something in which they excelled. Even now, Russia, the successor state to the Soviet Union, surpasses the US in some respects.

The US made its first nuclear power plant, artificial satellite, manned spacecraft, and intercontinental missiles after the Soviet Union's success. Based on its current logic, should these US cutting-edge technologies be regarded as something stolen from the Soviet Union?

There are more examples. China led the US in the processing power of supercomputers for many years. In June 2018, the US retook the world's lead thanks to its machine "Summit" which could process 200,000 trillion calculations per second. By following US logic, should we say the US surpassed China by stealing China's supercomputing technology?

Some have already noted that the US is actually the guilty party that files the suit first. The country has no lack of a "criminal record" in terms of technology theft. In the first decades after its founding, the US tried hard to "steal" advanced industrial technology from the UK to develop its own industries.

During WWII, prior to Germany's surrender, the US established the Alsos Mission. The team was sent to Germany not to fight, but to capture top German scientists and their technologies ahead of the Soviet Union. It is said that Wernher von Braun, one of the founders of the US space program, was a leading figure in Nazi Germany's rocket development program.

When the Soviet Union collapsed, the US took the opportunity to obtain advanced military technology that the Soviet Union had accumulated for years and to lure away many top technical talents.

After that, plenty of US weapons benefited from the Soviet Union's technology to varying degrees, which saved the US time and money. The US technology theft from the Soviet Union has produced generous returns.

However, the US is not ashamed of such records. Many Hollywood blockbusters have molded American spies conducting such theft into the embodiment of justice, and molded theft into a just act. Perhaps it is precisely because of this that the US is now judging others by itself.

In recent years, China has continued to increase investment in science and technology. In 2018, the country's research and development funds amounted to nearly 2 trillion yuan ($290 billion), second only to the US. The efforts will naturally pay off.

Nevertheless, the US deliberately turned a blind eye to China's efforts to promote independent innovation and contain China's development. The past actions and current absurd logic of the US are being seen through.

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Innovation is a driving force within China's economy today. Yet behind that innovation, what's the role of research and development?


https://youtu.be/xo_OLlL7XqI
https://youtu.be/xo_OLlL7XqI?t=199



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The Sino-US trade dispute is not only a game between representatives of the two countries at the negotiating table, but also a cont...

https://youtu.be/7_kKAiHjJyY They say a good conversation could be just like drinking a cup of black coffee and as stimulating as it is...

China takes moral high ground in face of US power play



The Sino-US trade dispute is not only a game between representatives of the two countries at the negotiating table, but also a contest between the two sides in the field of international public opinion. In this dispute, which may evolve into a protracted confrontation, China has no choice but to take international justice and law as the criterion. While striving to safeguard its own core interests, China is also committed to international morality.

Over the past year and more, the tactics used by China and the US in the trade war have drawn a sharp contrast, highlighting the new trend of the strategic game between emerging powers and already existing powers in the new era.

China is actively opening to the outside world to reduce trade restrictions, while the US frequently imposes tariffs on other countries. China never threatens other countries, but seeks common interests through negotiations. The US frequently resorts to a maximum pressure approach. China respects the international system and acts in accordance with the principles of justice. The US does not obey rules, and uses what is appropriate and discards what is not. China respects each other's concerns about economic interests, while the US only considers its own interests. China has resolutely defended and safeguarded the basic principles of the WTO and put forward a reform plan. The US threatened to withdraw from the WTO to act according to its will. 

Welcome to America Illustration: Liu Rui/GT
Uncle Sam, which prides itself on international justice, has arrogantly put "America First" above international justice and law. Closing the door for selfish gain, Washington is slipping from the moral high ground. China adheres to principles, is calm and rational, pursues fairness and justice, opens the door to common prosperity and cooperation, and presents itself as a responsible major country. 

Theodore Roosevelt once said, "If we are to be a really great people, we must strive in good faith to play a great part in the world." The use of unilateralism to force opponents to surrender has caused the biggest blow to the international free trade system since the end of the Cold War.

At this time, it has become the common responsibility of the international community to work together to consolidate and improve the existing international economic and trade system so that it is fairer and more reasonable and not hijacked by the US.

It appears that the US is decoupling with China, in fact, the US is decoupling with the world. As the largest developing country and the world's No. 2 economy, China has the responsibility and wisdom to play a bigger role in promoting globalization.

The conflict between China and the US tests the level of political governance, the potential of economic development, the unity of the people and the global influence of the two sides. The future depends more on who can be a positive force for world peace and development.

China's economic and trade links with the rest of the world have never been so extensive and deep as they are today. The further development of globalization and the progress of the world political and economic governance system need China's contribution.

China is an emerging power. The rise of any big country in history will not be smooth. A great power that can truly stand firm on the world stage may start out lonely, but in the end, it becomes more and more cohesive. The trade war has put China through the test that a rising power must endure. It has strengthened our confidence to firmly occupy the international moral high ground.

China's past success lies in its ability to accurately grasp the convergence between China's "potential" and the world's "potential." China's sustainable development in the future depends on how we take advantage of the trend of world development to develop ourselves, and use our own reform and opening-up to promote world development.

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Apple explores moving 15-30% of production capacity from China

Malaysia among countries eyed by Apple to move production capacity
The countries being considered include Mexico, India, Vietnam, Indonesia and Malaysia. India and Vietnam are among the favorites for smartphones, Nikkei said, citing sources who did not want to be identified as the discussions are private.
The countries being considered include Mexico, India, Vietnam, Indonesia and Malaysia. India and Vietnam are among the favorites for smartphones, Nikkei said, citing sources who did not want to be identified as the discussions are private.

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TOKYO: Apple Inc has asked its major suppliers to assess the cost implications of moving 15%-30% of their production capacity from China to Southeast Asia as it prepares for a restructuring of its supply chain, according to a Nikkei Asian Review report on Wednesday.

Apple's request was a result of the extended Sino-U.S. trade dispute, but a trade resolution will not lead to a change in the company's decision, Nikkei said, citing multiple sources.

The iPhone maker has decided the risks of depending heavily on manufacturing in China are too great and even rising, it said.

Earlier this month, credit rating agency Fitch said it views Apple, Dell Technologies Inc and HP Inc as potential blacklist candidates if China blacklists U.S. companies in retaliation for restrictions on Huawei.

Key iPhone assemblers Foxconn, Pegatron Corp, Wistron Corp, major MacBook maker Quanta Computer Inc, iPad maker Compal Electronics Inc, and AirPods makers Inventec Corp, Luxshare-ICT and Goertek have been asked to evaluate options outside of China, Nikkei reported.

The countries being considered include Mexico, India, Vietnam, Indonesia and Malaysia. India and Vietnam are among the favorites for smartphones, Nikkei said, citing sources who did not want to be identified as the discussions are private.

Last week, Foxconn said it had enough capacity outside China to meet Apple's demand in the American market if the company needed to adjust its production lines, as U.S. President Donald Trump threatened to slap further $300 billion tariffs on Chinese goods.

Analysts at Wedbush Securities said in a best case scenario Apple would be able to move 5%-7% of its iPhone production likely to India in the next 12 to 18 months.

Given the complexity and logistics involved, brokerage said, it would take at least 2-3 years to move 15% of iPhone production from China to other regions.

"We believe this is all a poker game and Apple will not diversify production out of China overnight and certainly a long-term US/China trade deal is key for Cook & Co to sleep well at night," Wedbush analysts said.

China is a key market for Apple as well as a major production center for its devices. The company got nearly 18% of its total revenue from Greater China in the quarter ended March.

Earlier in June, Trump met with Apple Chief Executive Officer Tim Cook to discuss trade and other hot-button issues facing the tech company as Trump deliberates whether to make good on his threat to hike tariffs on imports from China.

A group of more than 30 people from Apple's capital expense studies team have been negotiating production plans with suppliers and governments over monetary incentives that could be offered to lure Apple manufacturing, the report said.

A deadline has not been set for the suppliers to finalize their business proposals, Nikkei said, adding that it would take at least 18 months to begin production after choosing a location.

Apple and Foxconn did not respond to requests for comment. - Reuters

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