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AdThousands have tried but only 3% can do it! Try it yourself for freeSouth China Morning PostUS-China tech war: Fuyao Glass owner Cao Dewang of American Factory fame to build a science and technology universityCao Daweng, the Chinese billionaire founder of Fuyao Glass Industry Group made famous by the Oscar-winning 2019 documentary American Factory, is planning to invest 10 billion yuan (US$1.54 billion) to build a technology university in China, as the country pushes for self-reliance amid a protracted tech war with the US. “Fuyao University of Science and Technology is being established to cultivate applied and technical talent for the country’s economy and advanced manufacturing industry,” said Cao-founded Heren Charity Foundation, which will lead the project, in a statement on Sunday. Located in Fuzhou, the capital city of China’s southeastern Fujian province and home to Fuyao’s headquarters, the new university plans to enrol 3,000 to 5,000 students from across the country, focusing on bridging the skills gap between the laboratory and the real world, according to local media Fuzhou News.Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. Billing itself as a “cradle of engineers”, Fuyao University of Science and Technology intends to adopt educational best practices from Europe, the US, Japan and South Korea, and will seek to cooperate with top-tier global universities. The Chinese government has repeatedly stressed the importance of technological self-reliance, as the US and China, the world’s two largest economies, battle to lay claim on the key technologies of the future. “The tech war is likely to evolve into one that controls technology categories more than particular companies,” wrote Dan Wang, technology analyst at consultancy Gavekal Dragonomics, in a report published on Tuesday. During China’s key annual political meetings in March, known as the “two sessions”, the national legislature said it would increase spending on basic research by 10.6 per cent this year. Investment in research and development would grow at an annual rate of at least 7 per cent over the next five years, according to Beijing’s policy blueprint. Calls for self-sufficiency have become increasingly urgent after more Chinese tech companies came under US sanctions, including telecommunications giant Huawei Technologies Co, world-leading drone maker DJI, home-grown chip champion Semiconductor Manufacturing International Corporation, as well as artificial intelligence start-ups SenseTime and Megvii. Fuyao’s business has also been adversely affected by the US-China trade war. The Hong Kong-listed car window manufacturer had paid more than US$11 million in extra duties after the US imposed punitive tariffs on vehicle parts, according to the company’s 2019 annual report.More from South China Morning Post:US-China tech war: software maker Kingdee sees opportunity in shift to domestic cloud services marketUS legislation for US$112 billion tech research funding to counter China will be delayed, lawmakers sayChina encourages its universities to take initiative in international science and techUS-China tech war: Beijing’s main policy lender pledges US$62 billion to fund tech innovationUS-China tech war: US chip innovation is hurt by Beijing’s ‘mercantilist’ strategies, Washington think tank saysThis article US-China tech war: Fuyao Glass owner Cao Dewang of American Factory fame to build a science and technology university first appeared on South China Morning PostFor the latest news from the South China Morning Post download our mobile app. Copyright 2021.
9 hours agoSouth China Morning PostUS efforts to rally allies may not sway China, says Joe Biden’s top Asia officialThe United States should prepare for the possibility that its strategy to rally allies to confront China may not succeed in pressuring Beijing to alter its behaviour, the White House’s top Asia official said on Tuesday. One abiding belief held by China analysts was that the Chinese government would alter course if it faced opposition from a front of other countries, said Kurt Campbell, who serves as the Indo-Pacific coordinator on the Biden administration’s National Security Council. “I believe that there is some hope for that, but at the same time I do believe that Chinese foreign policy is in the midst of a substantial evolution,” Campbell said during a discussion event hosted by the Financial Times.Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. “It’s entirely possible that in some circumstances they will simply double down and that they will not backtrack,” he said. “And I think we have to recognise that some elements of our playbook may require revision.” As the Biden administration has formulated its nascent China policy, senior officials have repeatedly highlighted the need to bolster partnerships with allies to confront Beijing, distancing themselves from the go-it-alone approach of the previous administration. In the new administration’s first three months, the push for multilateralism has brought coordinated sanctions with allies against Beijing over its treatment of ethnic minority groups in China’s far west; a rare joint statement from Tokyo and Washington regarding the importance of peace in the Taiwan Strait; and a G7 session this week dedicated entirely to the challenges posed by Beijing. Yet Chinese officials have shown little sign of bowing to the mounting pressure, instead issuing their own retaliatory sanctions, dismissing criticism as interference in China’s internal affairs, and using a bilateral meeting in Alaska to chastise US diplomats in front of the cameras over their claims to occupy a “position of strength”. Speaking on Tuesday, Campbell did not suggest that a refusal by Beijing to change course in the face of an international front meant the policy was not worth pursuing. Rather, he said, a coordinated approach would help the US and allies to better defend their interests should China continue to rebuff their grievances. “The reason that we work together with other countries is not simply about the hope that China will change course, but [is also] for the goal of working with other countries in and of itself,” Campbell said. “It leads to greater resiliency: we may need to work more closely together if we face, in some circumstances, an implacable set of circumstances with regard to China.” Campbell’s remarks come as the Biden administration wades through an inter-agency review of its China policy, touching on matters ranging from defence to the suite of tariffs on Chinese imports – a legacy of the Trump administration. What is going on in Xinjiang and who are the Uygur people? Top US officials have publicly expressed the belief that the Chinese government under President Xi Jinping is pursuing an increasingly authoritarian agenda, be that domestically, in the Indo-Pacific region or in multilateral forums such as the United Nations. US Secretary of State Antony Blinken said in a recent CBS interview that Beijing was “acting more repressively at home and more aggressively abroad”, while US President Joe Biden last week described Xi as an autocrat who was “deadly earnest about [China] becoming the most significant, consequential nation in the world”. The prospect of a Chinese government increasingly defiant of international pressure came as Xi chose to surround himself with a smaller number of loyalists, said Campbell, a long-time China expert who previously served as Barack Obama’s top diplomat overseeing East Asian and Pacific affairs. Xi had moved China’s governance away from a model of collective leadership towards a scenario in which he would listen to the counsel of three to seven advisers, according to Campbell, who said: “He is a person who likes to be reaffirmed in his views.” Asked about any plans for Biden to convene a face-to-face meeting with Xi, Campbell suggested that such an event was a way off. “We want to make sure that the set of circumstances domestically in the United States are appropriate before we undertake some of the things that we’re contemplating [regarding China] as we go forward,” he said. The Biden administration’s early approach to handling relations with Beijing – keeping in place many of the Trump administration’s unilateral policies while fortifying partnerships with like-minded nations – represented “the worst of all worlds” for Beijing, said Elizabeth Economy, a senior fellow for China studies at the Council on Foreign Relations. Despite the double-pronged approach, it would be “very difficult” to get China to change course on issues surrounding Hong Kong and Xinjiang, said Economy, speaking alongside Campbell at the Financial Times event. But that could change if an increasing number of countries in the Middle East and Africa began to join the international outcry over China’s actions in Xinjiang, according to Economy. “It’s easiest for China to push back against this when it’s just the United States or even just the United States and sort of the advanced democracies” because Beijing can frame such opposition as “an effort by the US to contain China in some way”, she said. Additional reporting by Robert DelaneyThis article US efforts to rally allies may not sway China, says Joe Biden’s top Asia official first appeared on South China Morning PostFor the latest news from the South China Morning Post download our mobile app. Copyright 2021.Read more: Yahoo Singapore »