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Huawei founder says chips still lag 'one generation' behind US
Huawei founder says chips still lag 'one generation' behind US
Business and Economy
by  AFP

Chinese tech giant Huawei's chips still "lag behind the United States by one generation", state media quoted its founder and CEO Ren Zhengfei as saying in a rare interview on Tuesday. Speaking to the People's Daily, the official newspaper of the ruling Communist Party, 80-year-old Ren insisted the United States had "exaggerated" Huawei's achievements.

Sunny Greece struggles with solar energy overload
Sunny Greece struggles with solar energy overload
Business and Economy
by  AFP

In a field in central Greece that once grew clover and corn, maintenance worker Nikos Zigomitros deftly drives a tractor between rows of solar panels, trimming weeds under a blazing sun. In the meantime, solar panel operators will have to ensure production does not outstrip capacity, thereby limiting their potential earnings.

China carefully assembling a deep-sea mining strategy
China carefully assembling a deep-sea mining strategy
Business and Economy
by  AFP

In a world hungry for crucial resources, China may not be poised to start deep-sea mining but it is planting seeds for such operations in a meticulously planned economic and geopolitical strategy. It will look for resources everywhere," including the deep sea, said Julia Xue of Shanghai Jiao Tong University.