With DeepSeek, China’s economic growth suddenly seems tied to AI

With DeepSeek, China’s economic growth suddenly seems tied to AI

While artificial intelligence (AI) start-up DeepSeek surprised the world with its latest low-cost reasoning model – dubbed R1 – the revelation reignited overseas interest in Chinese tech and capital market investments while raising expectations that a subsequent surge in AI-fuelled productivity will serve to elevate the national economy. From analysts to economists, many point to…

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Exclusive | China’s Vice-Premier He Lifeng to lead financiers to Hong Kong’s bankers summit next week

Exclusive | China’s Vice-Premier He Lifeng to lead financiers to Hong Kong’s bankers summit next week

China’s Vice-Premier He Lifeng, the government’s top man on the financial industry, is scheduled to lead a delegation of senior bankers and officials to Hong Kong next week for the third annual conference of global financiers, according to sources familiar with the plans. He is expected to lead a contingent comprising the heads of China’s…

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