logo
Export ban for Taiwan firms a stern warning for separatist forces: Beijing

Export ban for Taiwan firms a stern warning for separatist forces: Beijing

Beijing has banned the export of dual-use items to eight Taiwan-based aerospace and shipbuilding companies, including suppliers to the
Taiwanese military.
The move was hailed by the mainland's Taiwan Affairs Office as a 'stern warning against repeated provocations by separatist forces' in a statement on Wednesday, after the commerce ministry's announcement of the move.
According to the ministry, the companies, which include defence supplier
Aerospace Industrial Development Corporation (AIDC), have been placed on an export control list, citing national security and non-proliferation concerns.
01:49
Taiwan unveils a home-grown 'kamikaze' portable attack drone
Taiwan unveils a home-grown 'kamikaze' portable attack drone
The move was intended to safeguard 'national security and interests' and to fulfil 'international non-proliferation obligations', it said.
The new rules, which are effective immediately, prohibit the export to the named entities of dual-use items – a term that refers to materials, technologies or equipment that can be used for both civilian and military purposes.
'All ongoing relevant exports must be stopped immediately,' the ministry said in a public notice. 'In exceptional cases where exports are necessary, businesses must apply to the commerce ministry for approval.'
AIDC is a key supplier to Taiwan's indigenous defence industry, including its fighter jet development programme.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Samsung bets on slimmer AI foldable phones to challenge Apple, Chinese rivals
Samsung bets on slimmer AI foldable phones to challenge Apple, Chinese rivals

South China Morning Post

time9 minutes ago

  • South China Morning Post

Samsung bets on slimmer AI foldable phones to challenge Apple, Chinese rivals

Samsung Electronics on Wednesday unveiled thinner, lighter new foldable phones as it aims to fend off Chinese competition in the higher-margin, premium segment that remains untapped by arch rival Apple. The stakes are high. The South Korean company lost its global smartphone crown to Apple in 2023, and faces growing competition from Chinese rivals like Huawei Technologies and Honor Meanwhile, Samsung's mainstay chip business has suffered a profit slump stemming in part from its delayed supply of artificial intelligence (AI) chips to Nvidia. Samsung's mobile president and chief operating officer, Choi Won-joon, said his most important mission was to make Samsung a leader in AI-powered smartphones. 'I believe that foldable phones, integrated with AI features, are ready to become mainstream by offering a unique, differentiated experience,' he told Reuters in his first media interview since being promoted in March. Samsung's mobile president and chief operating officer, Choi Won-joon. Photo: Reuters He said Samsung aimed to take a leadership position in AI by enhancing cooperation with external partners like Google, unlike Apple, which has been using in-house AI technology that has faced delays in adding key features.

Driverless bus incident points to Hong Kong's need for AI governance
Driverless bus incident points to Hong Kong's need for AI governance

South China Morning Post

time29 minutes ago

  • South China Morning Post

Driverless bus incident points to Hong Kong's need for AI governance

Feel strongly about these letters, or any other aspects of the news? Share your views by emailing us your Letter to the Editor at letters@ or filling in this Google form . Submissions should not exceed 400 words, and must include your full name and address, plus a phone number for verification On June 22, two driverless buses collided at an intersection at Hong Kong International Airport. No injuries occurred and damage was minor. Yet the Airport Authority suspended autonomous bus services, which suggests how quickly public trust can evaporate without robust artificial intelligence (AI) governance. This was no isolated glitch. According to the authority, both buses arrived simultaneously at an uncontrolled junction. Their sensors failed to coordinate a right-of-way decision – a known edge case in autonomous systems. Hong Kong is investing billions in AI, from supercomputers to smart traffic. But leadership requires more than funding; it demands accountable governance. Unlike the European Union's AI Act (set to take full effect in 2026), which would classify autonomous buses as 'high-risk' systems, Hong Kong relies primarily on guidelines. There is no legal obligation for operators to follow internationally recognised protocols for pre-deployment testing or third-party audits of AI safety, for instance. Had ISO 42001 certification been required, the operator would likely have implemented continuous monitoring to detect and resolve sensor conflict before deployment. Under the EU AI Act's risk-based framework, real-time human oversight would be mandatory for systems of this kind.

Hong Kong stocks waver as investors await details on policy support from Beijing
Hong Kong stocks waver as investors await details on policy support from Beijing

South China Morning Post

time2 hours ago

  • South China Morning Post

Hong Kong stocks waver as investors await details on policy support from Beijing

Hong Kong stocks fluctuated between gains and losses on Thursday as investors awaited signals on additional policy support from Beijing after China's deflation deepened and the end of the 90-day tariff ceasefire with the US gets closer. Advertisement The Hang Seng Index fell less than 0.1 per cent to 23,887 as of 10.05am local time, while the Hang Seng Tech Index dropped 0.4 per cent. On the mainland, the CSI 300 Index climbed 0.2 per cent and the Shanghai Composite Index added 0.3 per cent. Sunny Optical Technology advanced 3.9 per cent to HK$73.85 and BYD climbed 3.7 per cent to HK$33.35. China Resources Land rose 2 per cent to HK$29.25 and China Overseas Land and Development gained 1.9 per cent to HK$13.52. On the downside, slipped 2.4 per cent to HK$122.30 on concerns about stiffer competition in the e-commerce industry. Investors were looking ahead to a Politburo meeting later this month for clues on how top leaders might reverse a deflationary trend that has persisted for nearly three years and address excessive supply in some industries battered by 'involution.' China and the US could engage in a new round of tariff talks next month after the ceasefire ends in early August. After applying a 25 per cent tariff rate on Japan and South Korea, US President Donald Trump said on social media that he would impose a 50 per cent rate on Brazil. Advertisement Other major Asian markets were mixed: Japan's Nikkei 225 slipped 0.5 per cent, South Korea's Kospi rose 0.7 per cent and Australia's S&P/ASX 200 added 0.5 per cent.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store