Russian President Vladimir Putin and Chinese President Xi Jinping will not attend the BRICS Summit in Brazil scheduled for early next month. Although there is no official announcement yet, media reports suggested that Xi plans to skip the BRICS Summit, which, if confirmed, will be his first-ever absence from the meeting of the bloc in…
June 25 2025 | Industry News From recovery to boom: The latest China Trading Desk survey outlines how China’s travel surge is redefining global tourism As China progresses through mid-2025, the outbound travel market continues to chart a strong recovery trajectory, evolving with renewed confidence and discernible shifts in consumer priorities. That is according to…
BEIJING – There are limits to cutting strategic rivals off from access to critical technologies and materials, as such leverage does not last, said Singapore Prime Minister Lawrence Wong. Speaking to the Singapore media in Beijing on June 25 as he wrapped up a five-day official visit to China, he pointed out how, sometimes, the…
China has criticised the United States’ Central Intelligence Agency (CIA) over its recent social media campaign aimed at recruiting Chinese nationals, calling the effort “absurd” and a sign of American “paranoia.” The Ministry of State Security (MSS), China’s top intelligence agency, issued a strongly worded statement on Wednesday, June 25, ridiculing the CIA’s attempt to…
Aurora Mobile (JG), a Nasdaq-listed marketing technology provider, is the latest publicly traded company to plan a treasury strategy that includes cryptocurrency investments. The Shenzhen, China-based company’s board approved an initiative to convert up to 20% its cash and cash equivalents into BTC and other digital assets. The investments may include bitcoin , ether ,…
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…