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    CHINESE SPACE CAPABILITIES

    Altimeter, Atreides urge Nvidia board to keep doors open for Jensen Huang's return as CEO

    In a letter addressed to the company's board, Altimeter CEO Brad Gerstner and Atreides Managing Partner and Chief Investment Officer Gavin Baker said the board should not rush to appoint a permanent successor before all the facts surrounding Huang's departure are known.

    MEA says "power grid integration" with ASEAN is promising as India eyes deeper digital cooperation

    India is looking to solidify partnerships with ASEAN countries in digital public infrastructure and telecommunications. The country seeks to leverage its experience in power grid integration for regional energy security. Prime Minister Narendra Modi's upcoming visit to the Philippines will coincide with the 49th ASEAN Summit. Various world leaders will participate in discussions on regional cooperation and challenges.

    China’s army-linked university was served Nvidia chips despite US sanctions

    A Chinese university with close links to the country's military has purchased two of Nvidia's powerful H200 AI chips despite being on the US export blacklist, according to procurement records reviewed by Reuters. The findings raise fresh concerns over gaps in Washington's export restrictions and China's access to advanced American technology through domestic suppliers. Other Chinese universities and research institutions have also reportedly obtained restricted Nvidia chips or rented computing capacity powered by them.

    Battery component makers may get up to 50% capital subsidy

    The ministry of heavy industries is evaluating various subsidy models to enhance domestic battery component manufacturing capacity. Proposed support includes capital subsidies and sales-linked incentives to promote local production. India aims for sufficient manufacturing capacity to support 50 GWh of annual battery cell production by 2032. Current costs of battery materials are significantly higher compared to those from China.

    China's secret reusable spaceship spotted in US intelligence report: What we know about this mysterious plane and its mission

    A recently declassified US intelligence report has revealed a satellite image that confirms China's reusable spaceplane is currently orbiting. This significant development has sparked concerns about China's expanding capabilities in space and the potential military implications. The spacecraft is noted for its ability to interact with smaller objects during missions, amplifying worries about the competitive landscape of space exploration, as tensions between nations continue to rise.

    US releases rare photo of China's secretive Shenlong space plane: What does it reveal?

    China's Shenlong space plane was recently photographed in orbit, showing its design and structure. The Defense Intelligence Agency included the photograph in a report assessing threats in space. This image revealed the spacecraft's delta-shaped wings and open payload bay doors while docked with another satellite. Shenlong's history includes missions in which it has released and interacted with objects in orbit.

    • China's secretive Shenlong spaceplane: What the US report reveals

      A newly released report by the US Defense Intelligence Agency showcases an intriguing image of China's Shenlong spaceplane operating in orbit. Notably, a second spacecraft is docked to Shenlong, prompting speculation about the spaceplane's mission and technological abilities. Concerns have been raised over China's advancing space technologies and counterspace capabilities, with whispers of potential developments in space-based weaponry that could jeopardize international satellite safety.

      Anthropic's record IPO faces some big questions

      No startup has ever grown so fast. Investors have already grown nervous.

      A missed call for China is a loud wake-up call for desi companies

      Indian smartphone brands Lava and Ai+ are gaining market share as Chinese rivals retreat amid soaring memory chip prices and shrinking demand. Domestic brands captured 7% of shipments in the September quarter, their highest share in nearly eight years. Government incentives and India's manufacturing expansion offer a boost, but technology, distribution, after-sales service and customer loyalty remain critical to sustained growth.

      Is India a “shadow transshipment” hub? The data says otherwise

      Between 2014 and 2024, India’s goods exports to the US grew 1.86 times, while US exports to India grew 1.94 times. A rising two-way relationship, with India’s global exports also up 1.36-fold, is hard to square with a “mere pass-through” story tailored to one market.

      India’s business owners need to match the global ambitions of Korean and Chinese peers: Gautam Kumra, Chairman of McKinsey's offices in Asia

      McKinsey Asia chairman Gautam Kumra discusses why owner-led businesses have outperformed professionally managed and state-owned peers, accounting for $7 trillion of the $14 trillion in market value created by Asia’s top 300 companies over 25 years. He explains the leadership traits that distinguish founders, succession challenges, AI adoption and why Indian businesses must look beyond domestic markets to build global franchises.

      India's investment appeal is currently being tested as global capital flows shift towards other regions. While private capital investors see potential, sustaining growth requires policy improvements and stronger emerging industry engagement. India's growth forecast for 2026-27 has been increased, indicating positive long-term expectations. The country must address structural disadvantages to enhance its competitiveness on the global stage.

      India-Pakistan Moon race: With China's help, Pakistan wants to send humans to Moon five years before India

      Pakistani astronaut on Moon: Pakistan has set a target of landing on the Moon by 2035 as it expands its space programme through cooperation with China. Planning Minister Ahsan Iqbal announced that Pakistan’s first astronaut is scheduled to embark on a space mission from China on November 25. The partnership also includes a lunar rover project, while India is pursuing its own human spaceflight and Moon exploration goals.

      Global Market: Why China’s CXMT is putting global memory chip giants under pressure

      Global semiconductor stocks tumbled as Chinese chipmaker CXMT’s reported progress on a new memory chip design raised concerns about intensifying competition. Samsung, SK Hynix and Micron face potential pricing pressure as Chinese manufacturers seek to narrow the technology gap. The selloff also reflects growing scrutiny of AI valuations and whether heavy investment in AI infrastructure will deliver sustainable returns.

      "India stands ready to work with ASEAN as reliable, equal partner": Rajnath Singh

      Defence Minister Rajnath Singh on Wednesday called for stronger defence cooperation between India and ASEAN countries, including joint research on maritime security, counter-drone systems, cyber defence and disaster response, stressing that regional challenges require collective action and practical solutions.

      Elon Musk says India blocking Starlink, Rahul Gandhi responds: UPSC coach fact checks and explains why India shall not bend to bullying, says US also blocked Chinese BYD

      Elon Musk has accused influential business interests of blocking Starlink's entry into India, prompting a response from Rahul Gandhi. UPSC educator Shekhar Dutt has fact checked the allegation. He said that India should prioritise national security and make its own decisions on satellite internet approvals.

      Nvidia-backed Reflection unveils first AI model to take on Chinese open models

      Nvidia-backed Reflection AI debuted its first open-weight model named Beam on Monday, as the startup aims to compete with lower-cost Chinese models such as DeepSeek and Kimi in coding and agentic tasks.

      AI’s newest models compete on price, not just power

      Over the past few months, Anthropic, Google, OpenAI, and Grok have rolled out a fresh wave of models, and nearly all of them come with the same pitch — that they are cost-effective. Where earlier launches were sold almost entirely on raw capability, this round puts cost in the centre, with companies promising lower prices per query and more efficient systems that do more for less.

      Trump says top tech firms have signed accord to 'self-police' AI development

      Trump and House Speaker Mike Johnson met with leading executives from top tech firms that are spending hundreds of billions of dollars to build out AI infrastructure, including data centres in communities across the country, which have sparked grassroots, bipartisan opposition.

      Pandas then, pandas now: Trump and Xi are well past Nixon-era magic

      Donald Trump and Xi Jinping recently met in Washington to symbolize cooperation in US-China relations. The summit featured the announcement of two pandas to Zo Atlanta as a gesture of friendship. They extended a trade truce rather than resolving major economic disputes or tariffs. Despite strategic rivalry, both countries aim to maintain open channels for cooperation.

      Trump lays out the pomp for Xi but says little about the significant tensions in US-China relations

      Presidents Donald Trump and Xi Jinping met for important discussions regarding trade relations and artificial intelligence advancements. Both leaders emphasized maintaining healthy competition to avoid conflict, especially concerning Taiwan. Discussions also touched upon the ongoing war in Iran and China's role in the peace process. The two sides agreed to extend a trade truce while processing trade disagreements.

      Trump-Xi dinner: Elon Musk, Jeff Bezos, Sam Altman, Huang, Nadella among star-studded guest list

      Billionaires and leaders from the technology sector gathered at the White House for a state dinner. This event hosted Chinese President Xi Jinping and his wife, Peng Liyuan, with various US officials. The discussions included trade, artificial intelligence, and strategic issues between the two nations. Trump highlighted his friendship with Xi during the dinner and emphasized mutual cooperation.

      'For the sake of humanity': Tech leaders urge UN to control the AI technology they created

      Heads of AI firms, including Anthropic and OpenAI, urged the UN for global regulation on AI technology. They emphasized the risks of uncontrolled AI, highlighting the urgent need for international safeguards. Concerns include the potential for AI to make life-and-death decisions, especially in warfare. Various leaders, including Ukrainian President Volodymyr Zelenskyy, cautioned against the increasing role of autonomous machines.

      Heads of AI firms tell UN Security Council that it could be a risk to all humanity

      Both said the countries of the world, through the U.N. Security Council, where they testified Wednesday, have to set safeguards of some kind, which would be actual controls to prevent the technology from getting too powerful to rein in.

      Weekly Chinese Horoscope: September 22-27 brings a reset for every zodiac sign: Here’s what your animal sign should watch

      This week falls within the Fire Rooster month of the Fire Horse year, with the daily Pillar cycle eventually reaching a Wood Dragon Danger Day on Sunday. According to traditional Chinese calendar interpretations, three days carry particularly notable energies: Monday is a Remove Day, Saturday brings Destruction Day energy, and Sunday closes the week as a Danger Day.

      Don’t allow US to weaponise space: From Reagan’s ‘Star Wars’ to Trump’s space weapons push

      Reagan's 'Star Wars' vision is now reality as the US confirms weapons in space, sparking global fears. Despite Moscow and Beijing's calls for restraint, the US Space Force's creation signals no turning back. This escalation, with advanced tech targeting satellites, risks collateral damage and diverts funds from Earth's crises, potentially leading to a new era of M.A.D.

      India becomes Asia’s 4th-largest REIT market, overtakes Hong Kong: Cushman & Wakefield

      India has overtaken Hong Kong to become Asia’s fourth-largest REIT market, with market value rising 62% to $17.7 billion by March 2026, according to Cushman & Wakefield. New listings, strong office occupancy, GCC demand and rising institutional participation have helped expand the market, which now ranks behind Japan, Singapore and China.

      India overtakes Hong Kong to become Asia’s fourth-largest REIT market

      India's REIT market value grew significantly, surpassing Hong Kong for the first time. New listings and expanded portfolios substantially increased the total space available for investors. Office REIT occupancy remained high due to strong demand from multinational companies. The Chinese mainland also saw substantial growth through new product issuance and expanded asset classes. Both China and India are expected to remain key growth engines for the region's REIT markets.

      The US-China space race is going where no war has gone before

      American troops are preparing for potential combat operations around the Moon. US military is expanding its focus beyond Earth's orbit into cislunar space. This expansion is driven by intelligence warnings about potential adversaries' space warfare ambitions. China has also established its own military space troops, which the US views as a threat. The US Space Force plans to double its size over the next five years.

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