This picture taken on March 26, 2026 shows an oil tanker unloading crude oil at a port in Yantai, in China’s eastern Shandong province. CN-STR | Afp | Getty Images The U.S. Treasury warned financial institutions Tuesday that they could face sanctions if they engage in dealings with Chinese refineries that process Iranian oil. The…
Manus was hailed by Chinese state media as the “next DeepSeek” soon after its launch in March 2025, months before the startup relocated to Singapore. Cheng Xin | Getty Images News | Getty Images BEIJING — China’s decision to block U.S. tech giant Meta‘s $2 billion acquisition of artificial intelligence startup Manus is being seen…
The world’s largest car carrier, BYD ”Shenzhen”, loads over 7,000 BYD new energy commercial vehicles at Haitong Terminal in Taicang Port Area, Suzhou Port, and sets sail for Brazil in Taicang City, Jiangsu Province, China, on April 27, 2025. Nurphoto | Nurphoto | Getty Images Electric car giant BYD has become the first Chinese business…
China’s state planner on Monday called for Meta to unwind its $2 billion acquisition of Manus, a Singaporean AI startup with Chinese roots. The decision to prohibit foreign investment in Manus was made in accordance with laws and regulations, the National Development and Reform Commission said in a brief statement. It added that it has…
Employees work on the production line of solar panels at a workshop of Jiangsu DMEGC New Energy Co., Ltd. on July 22, 2025 in Suqian, Jiangsu Province of China. Vcg | Visual China Group | Getty Images Profits at China’s industrial firms grew at their fastest pace in six months in March, even as the…
A journalist films Xiaomi SU7 Ultra cars during a Xiaomi track day driving experience in Tianjin, in northern China on April 23, 2026, ahead of the Beijing Auto Show which opens on April 24. (Photo by GREG BAKER / AFP via Getty Images) Greg Baker | Afp | Getty Images BEIJING — Foreign automakers are…
DeepSeek reportedly has not shared its upcoming AI model with American engineers and instead granted early access to Chinese companies, further intensifying the technological war between the U.S. and China, as of Feb. 26, 2026. Nurphoto | Nurphoto | Getty Images Chinese artificial intelligence startup DeepSeek on Friday released a preview version of its long-awaited…
WASHINGTON (AP) — The Trump administration is vowing to crack down on foreign tech companies’ exploitation of U.S. artificial intelligence models, singling out China at a time that country is narrowing the gap with the U.S. in the AI race. In a Thursday memo, Michael Kratsios, the president’s chief science and technology adviser, accused foreign…
BRATISLAVA, Slovakia (AP) — The flow of Russian oil to Slovakia through the Druzhba pipeline that crosses Ukraine has resumed, Slovak Economy Minister Denisa Saková said Thursday. Hungary and Slovakia have been locked in an escalating feud with Ukraine since Russian oil deliveries to Hungary and Slovakia were halted in January. Unlike most of the…
BRUSSELS (AP) — European Union envoys gathered on Wednesday with the majority cautiously optimistic that a massive loan to help meet Ukraine’s military and financial needs for the next two years may soon be approved after months of deadlock. At a meeting in Brussels, the envoys assessed whether Hungary might lift its veto on the…