China's DeepSeek that wiped billions from US stock market in January 2025, sends New Year's message to American companies

    China’s DeepSeek that wiped billions from US stock market in January 2025, sends New Year’s message to American companies

    Chinese AI firm DeepSeek unveiled a groundbreaking training method, “Manifold-Constrained Hyper-Connections,” potentially slashing AI development costs. This innovation challenges the notion that advanced AI necessitates massive computing power, following their previous success with the R1 model. The breakthrough intensifies industry debates on scaling AI, with expectations high for DeepSeek’s next model release. Chinese AI startup…

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    Political Thought in China: From Zhu Yuanzhang to Xi Jinping

      Xi Jinping’s New Year 2026 Address: Taiwan – Now or Never

      The world enters 2026 amid numerous aspirations. Traditionally, national leaders deliver New Year addresses to convey a vision of national development and prosperity, thereby encouraging public confidence in the government and its future trajectory. For China—a civilization with a history spanning several millennia—these aspirations carry distinctive characteristics. Today, China stands as the world’s second-largest economy…

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      China sees return travel rush as Near Year holiday comes to end

        China sees return travel rush as Near Year holiday comes to end

        China’s transportation network is bracing for a nationwide surge in return traffic on Saturday, the last day of the New Year holiday. The total number of cross-regional passenger trips across the country on Friday was expected to exceed 180 million, representing a year-on-year growth of 13.4 percent, according to data from the Ministry of Transport….

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          Rupee rises 6 paise to 89.92 against U.S. dollar in early trade

          Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee witnessed range-bound trade in the morning session on Friday (January 2, 2026), appreciating by 6 paise to ₹89.92 against the US dollar as thin liquidity conditions accentuated everyday demand-supply imbalances, keeping the rupee tilted toward weakness. Forex traders said the USD/INR pair…

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