As China’s DeepSeek – a relatively recent entrant in a crowded field of companies producing artificial intelligence (AI) models – threatens the dominance of the United States in the nascent but highly competitive sector, the province that nurtured the upstart company is taking steps to become a world-leading hub for frontier technologies of all types….
The Chinese government’s flurry of pro-natal policies has been credited with ending last year’s seven-year birth rate decline, but some analysts caution this will prove to be the exception rather than the rule. Newsweek reached out to the Chinese Foreign Ministry with a request for comment by email. Why It Matters Last year marked the…
With much-anticipated trade actions against China absent on the first day of US President Donald Trump’s second term, a chief Citi economist said there are better odds of “delayed, gradual tariffs” being imposed on the world’s second-largest economy in advance of potential direct negotiations between the two countries’ leaders. A slower onset of tariffs on…
China’s population contracted for the third year in a row in 2024 despite an uptick in births. Newsweek reached out to the Chinese Foreign Ministry by email with a request for comment. Why It Matters Xi Jinping‘s Chinese Communist Party government has been rolling out measure after measure in hopes of encouraging young Chinese to…
HONG KONG—China economists and strategists at leading brokerages say they are hewing closer to the official government line and being cautious in their commentary in response to signs of tighter monitoring. The latest sign came Friday when the state-run China Securities Journal said the main securities industry body has told brokerages to ensure their chief…
BEIJING — China’s industrial output growth quickened slightly in November, while retail sales disappointed, keeping pressure on Beijing to ramp up stimulus for a fragile economy as it braces for more U.S. trade tariffs under a second Trump administration. The mixed set of data underlines the challenges facing Chinese leaders heading into 2025 when trade…
TAIPEI, TAIWAN — FILE – A recruiter talks with an applicant at a booth at a job fair at a shopping center in Beijing, on June 9, 2023. A record of more than one in five young Chinese are out of work, their career ambitions at least temporarily derailed by a depressed job market as…
It is known as the “smartphone king of Africa” and for years has dominated the continent’s mobile phone market. But now, Shenzhen-based Transsion Holdings is facing some stiff competition from rival Chinese brands. Transsion is the company behind phone brands including Tecno, iTel and Infinix, which won over African customers with features such as multi-SIM…
BANGKOK — China is fine-tuning policies to rev up its economy as it braces for uncertain relations with the United States under President-elect Donald Trump, giving manufacturers a 20% made-in-China price advantage in sales to the Chinese government. The moves come ahead of a top-level annual economic planning conference scheduled for next week that will…
Despite escalating efforts from the United States and its allies to clamp down on trade, international companies with an interest in the still-sizeable Chinese market are adopting a new plan of action to stay engaged while keeping themselves insulated from unexpected geopolitical shocks, analysts said. The strategy, dubbed “in China for China”, is an integrative…