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Global Times: 75 years on, China, a staunch force for peace and progress, defies the discourse of ‘a strong nation must be hegemonic’

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BEIJING, Sept. 26, 2024 /PRNewswire/ — The upcoming October 1 marks the 75th anniversary of the founding of the People’s Republic of China and it beckons with anticipation. The city of Beijing has been geared up as a vibrant giant flower basket gracefully rose in Tian’anmen Square and workers wove a colorful tapestry of flowers decorations along Chang’an Avenue to welcome guests from across China and the world. Children laughed with their joyous giggles weaving through the air, and adults captured cherished moments with cameras in hand, sending heartfelt blessings to the homeland.

Over the past 75 years, China has transformed from a poor and backward country into a moderately prosperous society in all respects. Today, China ranks among the world’s leading economic powers and is the largest manufacturing, goods trading, and foreign exchange reserve country globally.

Over the past 75 years, China’s circle of friends has also expanded, with diplomatic relations established with a total of 183 countries as of September, contributing to global stability. In September, leaders from China and Africa successfully convened the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) in Beijing, setting forth plans to enhance China–Africa cooperation in the new era. And more events are anticipated to be held between China and other members of the Global South nations in the upcoming months to address development and other global challenges.

Firm commitment to peace, stability

While delivering a speech at the conference marking the 70th anniversary of the Five Principles of Peaceful Coexistence in June this year, Chinese President Xi Jinping said that “China’s resolve to stay on the path of peaceful development will not change. We will never take the trodden path of colonial plundering, or the wrong path of seeking hegemony when one becomes strong. We will stay on the right path of peaceful development.”

Chinese civilization is characterized by its unique continuity, inclusiveness, and openness. Since ancient times, China has upheld the principles of valuing harmony and being kind to others. The Chinese nation has consistently pursued diplomatic engagement and trade rather than aggression and expansion, said Wang Yiwei, a professor at China’s Renmin University in Beijing, told the Global Times.

Moreover, historically, China has endured significant suffering from colonialism. These experiences have left an indelible mark on the Chinese psyche, fostering deep sympathy for other groups that face exploitation and oppression. From the challenging early years following the founding of the PRC to its subsequent development, China has continuously strived to support other developing regions, advocating for a more equitable global order, said Wang Yiwei.

From working with African countries under the Belt and Road Initiative and the Global Development Initiative, China is expanding cooperation with other countries worldwide, particularly developing nations and those in the Global South, to promote global development, said Wang Youming, senior research fellow and director at Department for Developing Countries Studies, China Institute of International Studies.

According to the latest data released by China Central Television, currently, China is a major trading partner for over 150 countries and regions. The scale of goods traded has surged from $1.13 billion in 1950 to $5.9 trillion in 2023, with the share of its total volume of imports and exports in the international market increasing from less than 1 percent in 1978 to 12.4 percent in 2023.

A force to safeguard global stability

The development over the past 75 years has significantly enhanced China’s national strength, making it an indispensable cornerstone for maintaining global security, analysts said.

Since 2008, the Chinese People’s Liberation Army (PLA) has sent 46 escort task groups to the Gulf of Aden and waters off Somalia, providing escort for some 7,300 Chinese and foreign vessels and conducting diverse tasks including anti-terrorism, anti-piracy, joint search and rescues as well as evacuations.

Moreover, China has actively participated in UN peacekeeping operations. China is a main contributor to both UN peacekeeping assessments and the UN’s regular budget, and the largest troop-contributing country among the permanent members of the UN Security Council.

In recent years, the PLA has earnestly implemented the purposes and principles of the UN Charter, built an 8,000-strong standby peacekeeping force, and sent more than 50,000 peacekeepers to UN peacekeeping missions in over 20 countries and regions. More than 1,700 PLA peacekeepers are, as of May 2024, performed their duties in 6 mission areas, including South Sudan, Lebanon and the Abyei region, making positive contributions to world peace and common development.

Lawrence Freeman, a political economic analyst for Africa, told the Global Times at the security and defense forum in Beijing in September that China’s major initiatives, which are to modernize and develop the economy, expand agriculture, and improve the standard of living, are essential goals that all human beings on this planet, regardless of ethnicity, religion or geographic location, strive for.

Advocating for multilateralism

For the past 75 years ago, China has remained a builder of world peace, a contributor to global development and a guardian of the international order. On the occasion of the 75th anniversary of the PRC, China is also voicing its commitment to promoting the establishment of a new type of international relations centered on cooperation and mutual benefit, and fostering a community with a shared future for mankind, making new contributions to global development, analysts said.

On Monday, while attending the UN Summit of the Future, Member of the Political Bureau of the CPC Central Committee and Foreign Minister Wang Yi talked about China’s proposals in addressing global challenges.

“All countries, regardless of their size and strength, are equal members of the international community … We need to strengthen the authority of international rule of law, reject the law of the jungle where the strong bully the weak, oppose acts of hegemonism such as unilateral sanctions, protect the legitimate rights and interests of developing countries, promote greater democracy in international relations, and uphold international fairness and justice,” said Wang Yi.

For the past decades, China has put forward a series of important proposals and initiatives, including Five Principles of Peaceful Coexistence, the concept of building a community with a shared future for humanity, and three major global initiatives, contributing Chinese wisdom and solutions to maintaining world peace and security and receiving positive responses and support from leaders of various countries, Wang Youming said.

In the face of international issues such as the Russia–Ukraine conflict and the Israel-Palestine conflict, China’s initiatives demonstrate their vitality, said the expert, noting that China is also seeking to resolve disputes through dialogue and political means, said Wang Youming.

Moreover, China’s pragmatic cooperation with other countries has encouraged the international community to focus on development issues and fosters high-quality growth for the future, offering Chinese solutions to bridge the development gap for Global South countries, promoting the development of the Global South and injecting positive impetus to global stability, according to the expert.

Analysts also noted that in response to unprecedented global changes, China and developing countries in the Global South are joining forces with a proactive approach, committed to maintaining genuine multilateral mechanisms to achieve common development and share progress with more nations.

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SOURCE Global Times

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Chemours Announces Dates for Third Quarter 2026 Earnings Release and Webcast Conference Call

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WILMINGTON, Del., Oct. 21, 2026 /PRNewswire/ — The Chemours Company (“Chemours” or “the Company”) (NYSE: CC) today announced that the Company expects to issue its third quarter 2026 financial results after market on Monday, November 2, 2026.

The Company expects to hold its conference call to discuss its third quarter 2026 financial results at 8:00 a.m. Eastern Standard Time on Tuesday, November 3, 2026. The call is open to the public and can be accessed via the webcast information below. The webcast and materials can be accessed by visiting the “Events and Presentations” section of the Investor Relations section of Chemours’ website at investors.chemours.com.

Conference Call: Please visit investors.chemours.com for a link to the live webcast and to view the accompanying slides.

Replay: A webcast replay will be available at investors.chemours.com.

About The Chemours Company
The Chemours Company (NYSE: CC) is a global leader in providing industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and advanced electronics, general industrial, and oil and gas. Through our three businesses – Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials – we deliver application expertise and chemistry-based innovations that solve customers’ biggest challenges. Our flagship products are sold under prominent brands such as Opteon™, Freon™, Ti-Pure™, Nafion™, Teflon™, Viton™, and Krytox™. Headquartered in Wilmington, Delaware and listed on the NYSE under the symbol CC, Chemours has approximately 5,700 employees and 28 manufacturing sites and serves approximately 2,400 customers in approximately 110 countries. For more information, visit chemours.com or follow us on LinkedIn. 

CONTACTS:

INVESTORS
Brandon Ontjes
Vice President, Head of Strategy & Investor Relations
+1.302.773.3300 
investor@chemours.com 

NEWS MEDIA
Cassie Olszewski
Media Relations & Reputation Leader
+1.302.219.7140
media@chemours.com  

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SOURCE The Chemours Company

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AGEDB Announces Preliminary Technical Evaluation of Graph Database and AI Data Platform Opportunities

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VANCOUVER, BC, Oct. 21, 2026 /CNW/ — AGEDB Technology Ltd. (TSXV: AGET) (“AGEDB” or the “Company”) announces that it is evaluating opportunities to re-engage in its historical graph database business area through preliminary architectural design and technical assessment of potential AI data platform applications, following its entry, on September 16, 2026, into a memorandum of understanding (the “MOU”) with a Korea-listed company exploring opportunities to enter the AI sector (the “Korean Company”).

The Company previously disclosed that it had discontinued its graph database management system operations during the year ended April 30, 2025 and was seeking new business opportunities. The Company is now assessing potential opportunities to leverage its existing Apache AGE-related technology and experience. These preliminary evaluations should not be interpreted as a resumption of full-scale development or commercial operations.

Under the MOU, AGEDB and the Korean Company contemplate evaluating an integrated package combining locally installed PostgreSQL and Apache AGE relationship-analysis database technology with an AI agent. The MOU also contemplates a separate “Personal AI Operating System” evaluation track, referred to as “AGE Brain,” for potential use in user-controlled computing environments. The proposed applications remain conceptual and subject to further technical and commercial assessment.

The contemplated preliminary work includes architectural design and technical evaluation of approaches to connecting relational data with graph-based relationships and supporting AI-assisted information retrieval and analysis. The parties may consider proof-of-concept testing and pilot activities, but no timeline or commitment to undertake such activities has been established under the MOU.

The MOU has a one-year term. Except for provisions expressly identified as binding, it is non-binding and does not require either party to complete development, launch or commercialize a product, make an investment, commit personnel, pay development fees, or enter into a definitive commercial agreement. Specific project scope, deliverables, schedules, responsibilities, costs and any commercialization terms remain subject to further discussions and, where applicable, separate written agreements. Each party will bear its own evaluation costs unless otherwise agreed in writing.

The Company’s evaluation remains preliminary. No product launch, commercial revenue or definitive commercialization arrangement has been agreed, and there can be no assurance that the parties will proceed with development, that the proposed platform will be completed or commercialized, or that the Company will obtain the resources required to advance the opportunity.

AGEDB may also explore potential collaborations with AI development companies in Korea and other markets, subject to available resources and further assessment.

AGEDB Technology Ltd.

On behalf of the board of directors,

“Jungsoo Kim”
CEO

About AGEDB Technology Ltd.

AGEDB Technology Ltd. is a technology company listed on the TSX Venture Exchange under the symbol “AGET.” The Company is focused on developing and pursuing opportunities in data intelligence, graph database technology and applied artificial intelligence.

Forward-Looking Information

This news release contains forward-looking information, including statements regarding the Company’s development activities, the proposed AI data platform, potential proof-of-concept and pilot activities, and possible future collaborations and commercialization. Forward-looking information is based on management’s current expectations and assumptions and is subject to risks and uncertainties that could cause actual results to differ materially. The memorandum of understanding is generally non-binding, and there can be no assurance that the parties will proceed with or complete any development, pilot, product launch or commercial arrangement, or that AGEDB will enter into additional collaborations. Readers are cautioned not to place undue reliance on forward-looking information. AGEDB undertakes no obligation to update such information except as required by applicable securities laws.

SOURCE AGEDB Technology Ltd.

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Bose Corporation Acquires Skullcandy, Expanding Its Consumer Audio Portfolio to Reach New Audiences

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Acquisition follows a successful partnership between the two companies and advances Bose’s evolution into a multi-brand products and technology company

FRAMINGHAM, Mass. and PARK CITY, Utah, Oct. 21, 2026 /PRNewswire/ — Bose Corporation, a global leader in audio innovation and research, announced today it has acquired Skullcandy, a lifestyle audio brand known for its bold products that bring together sound, style and performance. Bose and Skullcandy have each spent decades finding new ways to bring people closer to the music they love. Together, they’ll combine Bose’s audio expertise, technology and global reach with Skullcandy’s design, understanding of its consumers and authentic community connections to create new products and experiences and accelerate growth.

The acquisition follows a multi-year partnership that has already brought Sound by Bose technology to Skullcandy earbuds and headphones. The companies have seen firsthand how their strengths can come together to create products consumers love while staying true to what makes Skullcandy special, providing a foundation to accelerate further collaboration and innovation.

With a strong position at the intersection of audio, lifestyle and culture, Skullcandy will remain a separate brand within Bose’s Premium Consumer Audio business. Skullcandy’s deep roots in boardsports, including longstanding relationships with passionate supporters of the culture and its athletes, and authentic connections across music, gaming, fitness and other communities present new ways for Bose to meaningfully connect with consumers where it has less presence today.

“For more than 60 years, Bose has been committed to delivering incredible audio experiences however and wherever people choose to listen. As we work to reach even more people, we’re expanding how we do that, not only through Bose products, but through technology partnerships and a growing portfolio of brands,” said Lila Snyder, Chief Executive Officer of Bose Corporation. “As a privately held company, we have the freedom to make bold, long-term investments in opportunities we believe in, and Skullcandy is a great example of that. They have an established, thriving brand, and together we see tremendous opportunity to create new products and experiences and reach more consumers around the world.”

“We believe this is a win for Skullcandy and our fans,” said Brian Garofalow, Chief Executive Officer of Skullcandy. “Skullcandy was born on a chairlift in Park City, Utah, over 20 years ago, and we’ve always believed great music should be part of the experiences people love. Joining Bose gives us the opportunity to make those experiences even better by bringing more of their audio expertise and technology to our products, and it opens up even more ways to take Skullcandy further.”

Bose plans to invest in Skullcandy’s continued growth, providing greater access to technology, resources, global distribution and commercial relationships while giving the brand the freedom to continue evolving in ways that are authentic to its identity and consumers. Skullcandy will continue to be based in Park City, Utah.

Bose acquired Skullcandy from a fund managed by Mill Road Capital Management LLC, a Connecticut-based private investment firm. Jones Day acted as Bose’s legal counsel. Additional information, including financial and other terms of the transaction, will remain confidential.

About Bose Corporation
Bose Corporation is a global leader in audio innovation, driven by a singular belief: sound has the power to transform the way people connect with the world. For more than 60 years, Bose has combined pioneering research, engineering excellence, and a deep understanding of human perception to create products and technologies that deliver extraordinary experiences. Through its portfolio of iconic brands, including Bose, McIntosh, Sonus faber, and Skullcandy, the company offers premium and luxury audio solutions for the home, on the go, and in the car. Bose also collaborates with leading companies across industries, extending its audio expertise and technologies into new products, platforms, and applications beyond its own brands. 

Guided by a relentless spirit of innovation and a passion for what sound makes possible, Bose continues to advance the science and art of sound while expanding its impact on everyday life. From music and entertainment to communication, wellness, and emerging applications, Bose is creating new ways for people around the world to feel more connected, inspired, and engaged through the power of sound.

About Skullcandy
Founded in 2003 on a chairlift in Park City, Utah, Skullcandy is the original lifestyle audio brand. With deep roots in action sports culture, Skullcandy creates headphones, earbuds, and speakers that deliver powerful sound, bold style, and immersive experiences. Designed to move with you—from the mountains to the streets—Skullcandy gear is built to perform and made to stand out. Learn more at www.Skullcandy.com.

Contact

Joanne Berthaume
Joanne_berthaume@bose.com

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SOURCE Bose Corporation

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