Home > Investment > China’s GenAI debut realigning the tech investment universe The launch of China’s home-grown large language model (LLM) DeepSeek earlier this year carries “significant implications” for investors, shifting the centre of gravity for the technology’s future development beyond the US. Anton du Plooy, global technology sector analyst at Anglo-South African asset management…
A United States missile system that is currently deployed in an allied country near China has proved its deterrence, U.S. Secretary of the Army Dan Driscoll claimed last week. Newsweek has reached out to the Armed Forces of the Philippines for comment by email. The Chinese Defense Ministry did not immediately respond to a request…
Tesla (TSLA) was under pressure again on Tuesday, falling as much as 3.8% in midday trading as a slew of competitors in China announced updates that again signaled competition on the mainland ramping up for the EV giant. Tuesday’s loss follows a 5% drop for Tesla stock to start the week, and shares are now…
Japan plans to deploy long-range missiles in its southwestern island of Kyushu near the East China Sea, amid growing fears of conflict in the Taiwan Strait, according to a Japanese media report. Japanese news agency Kyodo reported on Sunday that the missile deployment under consideration would strengthen “counterstrike capabilities” in the event of an emergency….
The recently concluded “Two Sessions” – an annual gathering of China’s top political bodies – highlighted the country’s challenge of balancing slowing economic growth with ambitious technological progress. A key takeaway from the Two Sessions is Beijing’s commitment to integrating private tech firms into national policy decisions on innovation. Leading high-tech firms would play an…
China flexed its military muscles as its next-generation fighter aircraft was spotted flying for the second time in three months, images and videos circulated on social media show. The Chinese Defense Ministry did not immediately respond to a request for comment from Newsweek. Why It Matters China has the largest aviation force in the Indo-Pacific…
Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. Trump says Xi to visit Washington in ‘not too distant future’ US President Donald Trump on Monday said his Chinese counterpart, Xi Jinping, would visit Washington in the “not…
The meetings last week of China’s National People’s Congress, or NPC, and the Committee of the Chinese People’s Political Consultative Conference, or CPPCC, ended with commitments to maintain economic growth at around 5 percent, keep unemployment at 5.5 percent and increase the fiscal deficit target to 4 percent, the highest in 30 years. However, the annual…
Details have emerged about an apparent two-hour stand-off between South Korean and Chinese coastguard vessels last month, which began when South Korea attempted to investigate a steel structure in the Yellow Sea, media in Seoul reported on Tuesday. According to South Korea’s Yonhap news agency, citing South Korean diplomatic sources, the confrontation played out on…
The ripples from DeepSeek continue to spread in China, where the government has embraced the tech start-up’s unexpected success by speeding up the development and use of artificial intelligence (AI). The rise of DeepSeek, developed by home-grown tech talent, is evidence that Beijing’s strategy of pouring resources into training the next generation of innovators over…