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HP, Dell and Microsoft look to join electronics exodus from China

HP, Dell and Microsoft look to join electronics exodus from China

TAIPEI/HONG KONG/CHONGQING -- Global consumer electronics makers HP, Dell, Microsoft and Amazon are all looking to shift substantial production capacity out of China, joining a growing exodus that threatens to undermine the country's position as the world's powerhouse for tech gadgets. HP and Dell, the world's No. 1 and No. 3 personal computer makers who together command around 40% of the global market, are planning to reallocate up to 30% of their notebook production out of China, several sources told the Nikkei Asian Review. Microsoft, Google, Amazon, Sony and Nintendo are also looking...

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Cheng Ting-Fang
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Jul 4, 2019
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China economy enters vicious circle as business cuts crush demand

China economy enters vicious circle as business cuts crush demand

Created with Sketch.Created with Sketch.HONG KONG -- Lured by thriving tourism in his hometown Chongqing in Southwestern China, Li Yi last year used a big chunk of his savings to start a bed-and-breakfast business. But two weeks after his venture kicked off, Li's BnB overlooking the Yangtze River was hit by the coronavirus outbreak, which has killed nearly 4,700 people in China and infected tens of thousands more.After no income for two straight months, Li was more than excited to reopen his business in April -- but he soon realized another challenge lies ahead."I knew the demand could be...

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Apr 20
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Toyota and Canon among companies freeing patents to fight virus

Toyota and Canon among companies freeing patents to fight virus

Created with Sketch.Created with Sketch.TOKYO -- About 20 Japanese companies, including and , will release patents and other intellectual property held in Japan and overseas for free to help fight the new coronavirus, Nikkei has learned.The goal is to make it easier for businesses and research organizations to develop medical devices as well as testing and treatment technologies. The hope is that it will lead to a faster resolution of the crisis, which threatens to seriously affect the global economy.The idea was initially proposed by Professor Fumihiko Matsuda, head of the Center for...

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Apr 30
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Pakistan moves to save face as coronavirus hits Belt and Road

Pakistan moves to save face as coronavirus hits Belt and Road

Created with Sketch.Created with Sketch.KARACHI -- The government of Pakistan has ordered the resumption of all infrastructure and energy projects that are part of China's Belt and Road Initiative, but experts believe the move is a matter of face-saving.Work on the China-Pakistan Economic Corridor, a major piece of the Belt and Road, stopped when the novel coronavirus started to spread in Pakistan in February. According to Johns Hopkins University data, Pakistan has confirmed 9,216 cases as of Tuesday, including 192 deaths.Naghmana Hashmi, Pakistan's ambassador in Beijing, told Pakistani...

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Apr 22
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Japan to subsidize 100% of salaries at small companies

Japan to subsidize 100% of salaries at small companies

Created with Sketch.Created with Sketch.TOKYO -- Japan is working on a subsidy to ensure that temporarily idled small-business employees receive 100% of their wages during the current state of emergency, Nikkei has learned.The Ministry of Health, Labor and Welfare plans to use an existing employment adjustment subsidy, which helps enterprises seeing no choice but to temporarily lay off workers continue to pay them, at least in part.As things stand, laid-off workers at companies that have halted operations are entitled to at least 60% of their regular pay. The government shoulders up to 90%...

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Apr 24
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China's expensive bet on Africa has failed

China's expensive bet on Africa has failed

Created with Sketch.Created with Sketch.Minxin Pei is professor of government at Claremont McKenna College and a nonresident senior fellow of the German Marshall Fund of the United States.China's commercial activities in Africa, such as investments, infrastructure projects and bank lending, have long attracted scrutiny and criticism. Critics have accused Beijing of practicing a new form of economic colonialism to gain control of the continent's valuable natural resources by luring unsuspecting African nations into so-called debt traps.While this perspective dominates the narrative about...

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Apr 30
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Abducted by China, Hong Kong bookseller starts again in Taiwan

Abducted by China, Hong Kong bookseller starts again in Taiwan

Created with Sketch.Created with Sketch.TAIPEI -- In 2015, Lam Wing-kee was managing Causeway Bay Books, a bookstore he had founded in Hong Kong that sold, alongside serious works, some gossipy titles prohibited by the Chinese authorities. That October, he and four associates were abducted by China's Central Case Examination Group, set up to prosecute those felt to be against the mainland's ruling Communist Party.They were put into custody for months. Lam and his associates believed their abduction was linked to the intended publication of a book that disclosed the secretive personal...

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Apr 24
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Japan's MHPS wins US order for hydrogen-fired thermal power system

Japan's MHPS wins US order for hydrogen-fired thermal power system

Created with Sketch.Created with Sketch.TOKYO -- Mitsubishi Hitachi Power Systems has received an order for a next-generation thermal power generation facility, using a fuel mix of natural gas and hydrogen, from the Intermountain Power Agency, an independent power producer in the U.S. state of Utah.The facility reduces emissions of carbon dioxide by 75% and 10% in comparison with conventional coal- and natural gas-fired power generation systems, respectively, according to an announcement last week by MHPS, which is jointly owned by and .Participating in a project for thermal power...

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Mar 15, 2020
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India opts for own COVID-19 tests kits, rejecting those from China

India opts for own COVID-19 tests kits, rejecting those from China

Created with Sketch.Created with Sketch.NEW DELHI -- India is looking to double its coronavirus testing capacity to 100,000 per day by the end of May by increasing local production of test kits. The government recently announced it would no longer use Chinese-made kits, citing reliability problems."We will have indigenous production of good quality antibody kits, and also the [RT-PCR] kits for detection of the virus. I think all this is going to come in the next couple of weeks," Health Minister Harsh Vardhan said on Thursday in an online meeting with civil society and nongovernment...

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May 1
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Trump says WHO ignored Taiwan's warning on coronavirus

Trump says WHO ignored Taiwan's warning on coronavirus

Created with Sketch.Created with Sketch.NEW YORK -- U.S. President Donald Trump doubled down on his criticism of the World Health Organization on Friday, suggesting that it wrongly dismissed a year-end alert from Taiwan over the new coronavirus."Why did the W.H.O. Ignore an email from Taiwanese health officials in late December alerting them to the possibility that CoronaVirus could be transmitted between humans?" Trump tweeted Friday. "Why did the W.H.O. make several claims about the CoronaVirus that [are] either inaccurate or misleading in January and February, as the Virus spread...

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Apr 17
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