The US has introduced an AI Action Plan emphasizing the expansion of open-source artificial intelligence models as a core strategy to compete globally with China. The plan also aims to export comprehensive AI technology stacks to allied nations and promote the embedding of American values in AI development. Source link
The retirement needs of Hong Kong’s baby boomers consist of three pillars: stable income, access to affordable and quality healthcare, and reasonably priced accommodation, according to the chief executive of BOC Life. “These aspirations of a generation with significant wealth now entering retirement are easily attainable, as the quality of cross-border healthcare services improves and…
China Mobile logo is seen on an office building in Beijing. [Photo by Sun Chi/chinadaily.com.cn] A major national open innovation platform for artificial intelligence has been unveiled to leverage the collective strength of State-owned enterprises and the broader industrial chain for accelerating the development of the AI sector in China. Guided by ministries including the…
China’s defense industry is transitioning from domestic-focused growth to global competition through artificial intelligence integration and civil-military technology fusion, prompting South Korea to reassess its strategy for achieving its goal of becoming… Source link
Floods have caused extensive damage in Beijing and northern China, killing 30 people and forcing tens of thousands to evacuate. Main image: People wade through knee-high waters on a flooded street in Miyun district, northern Beijing. Photograph: Adek Berry/AFP/Getty Images Wed 30 Jul 2025 02.38 BST Source link
The US recently introduced its AI Action Plan, featuring about 90 recommendations to guide AI development. Chinese experts strongly criticize it, viewing the plan not just as a technical guide but as a strategic effort to rally allies against China’s… Source link
Chinese sovereign bonds are coming under pressure as growing optimism over local stocks drives the correlation between the two markets toward the most extreme levels since the pandemic. The 90-day correlation between the CSI 300 Index and the Bloomberg China Treasury Total Return Index is heading toward its most negative level since 2020. The bond…
When Patrick McGee decided to write Apple in China, he wanted to focus on the company’s weaknesses rather than its strengths. Reviewing the evidence, he soon realised that it all pointed to Apple’s China strategy. McGee has worked for The Wall Street Journal and, since 2013, for The Financial Times, including four years as the…
US missile technology advancements in the Pacific: A breakthrough missile developed by the Pentagon is fast becoming the centerpiece of the US military’s effort to deter a potential Chinese invasion of Taiwan, and it’s already making waves across the Pacific, as per a report. US and Australia’s Joint Efforts to Boost Pacific Security with PrSM…
00:00 Speaker A Catch us up. US-China trade talks, where are we, where are we headed? 00:05 Speaker B Yes. So we just this afternoon, we wrapped up two days of trade talks in Stockholm that Trump himself acknowledged this afternoon were up and down. He said Monday didn’t go very well. He said today…