China News
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Other than his native Tanzania, 32-year-old businessman Justice George Kaundama is interested in only one country. “China-Africa is the future,” he says, sitting on the veranda of Shamwaa, the Tanzanian restaurant he opened last year…
By Stephen Nellis SAN FRANCISCO (Reuters) -A bipartisan group of U.S. lawmakers on Wednesday planned to introduce a bill in both houses of Congress that would bar U.S. executive agencies from using artificial intelligence models developed in China, including those from DeepSeek. The introduction of … Source link
The US is poised to win the artificial intelligence race against China, but will also need to overcome security and safety challenges associated with the technology, Anthropic co-founder Jack Clark will tell lawmakers on Wednesday. “There’s a whole pile of other work that America is going to need to do,” he told Semafor in an…
That would represent as much as a 48 per cent overall growth this year for China’s AI capex from 2024, BofA Securities’ co-head of China equity research Matty Zhao, who also heads Asia-Pacific basic materials, oil and gas research at BofA Global Research, said in an interview on Monday. Government investment is expected to account…
Chinese President Xi Jinping plans to skip the BRICS Summit in Brazil next month, which, if confirmed, will be his first-ever absence from the meeting of the grouping of emerging economies since taking office 12 years ago, according to a media report. Xi will not attend the BRICS Summit in Rio de Janeiro, the Hong…
Beijing willing to ‘maintain friendly cooperation with the Iranian side and inject positive factors to peace and stability in the Middle East,’ says Foreign Ministry China on Wednesday called for a “lasting” and “effective” ceasefire between Israel and Iran, a day after US President Donald Trump announced an end to hostilities between the two sides….
By Timothy Gardner, Daphne Psaledakis and Jarrett Renshaw U.S. President Donald Trump has said that China can continue to purchase Iranian oil after Israel and Iran agreed to a ceasefire, a move that the White House clarified did not indicate a relaxation of U.S. sanctions. “China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing…
BEIJING (Reuters) -A tropical depression may hit southern China as early as Thursday, meteorologists cautioned, bringing rain and gales to a flood-hit region still recovering from the impact of Typhoon Wutip two weeks ago. The tropical depression could make landfall somewhere between the island … Source link
China on Wednesday strongly criticised Taiwan’s decision to include two major Chinese tech companies, Huawei and Semiconductor Manufacturing International Corp. (SMIC), on an exports blacklist, labelling the move “despicable” and pledging to defend its interests. Huawei and SMIC were among 601 entities from various countries added this month to Taiwan’s “strategic high-tech commodities entity list.”…
Chinese electric vehicle giant BYD has recently slowed its production and expansion efforts, according to sources familiar with the matter. The company has reduced shifts at some of its factories in China and postponed plans to introduce new production lines, reflecting a more cautious approach in response to evolving market conditions, News.Az reports, citing Reuters….