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Reform will streamline science and technology in China

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CHINA

The new body is part of a major restructuring of the administration. At its apex stands a new Central Commission for Science and Technology, which President Xi Jinping is likely…

China can count on FDI boost in technology

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CHINA

China gets to upgrade its industry and the economy, while multinationals are able to exploit considerable business opportunities and build up cross-border technology chains. FDI…

China’s defence spending will remain stable

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CHINA

Defence spending will account for 1.2% of GDP in 2024, having remained stable at around this figure for at least the past two decades. Nevertheless, outside estimates of China’s…

Saudi Arabia’s space sector will boost global image

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SAUDI ARABIA

The Saudi space programme has helped build ties with China and Russia, while maintaining projects with US private-sector companies. The programme is another element in the…

Antimicrobial resistance will increase internationally

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INTERNATIONAL

For many infections, first-line treatments are no longer proving as effective as previously. Alternative treatments are not easily accessible in all parts of the world and…

China’s economic targets will get trickier to achieve

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CHINA

The GDP growth target of 5% and the urban job creation target of 12 million are unchanged from last year, but harder to achieve as the post-pandemic rebound fades and large-scale…

German automakers face obstacles on all fronts

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GERMANY

German manufacturers face a multi-faceted competitiveness challenge. Domestic output almost halved from 2016 to 2021. The failure to match rivals in the development of electric…

More upheaval may await Europe’s carmakers

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EU

Speculation that Europe’s carmakers might be exploring partnerships to produce more affordable electric vehicles (EVs) and withstand global competition, particularly from China…

China will remain a key investment destination

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CHINA

A crackdown by the authorities on foreign multinationals operating in China, via an amended anti-espionage law, and tightening data control have emerged as considerable…

India eyes more foreign investment in space industry

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INDIA

In late August, they landed near the lunar south pole. India thereby became the fourth country to achieve a soft landing on the moon, and the first to do so in the lunar south…