Consumers in China are brand loyal when buying luxury goods, but that’s not true for apparel where shoppers are likely to switch brands.
Monthly Archives For January 2025
Bacon giant Smithfield Foods’ stock rises after IPO as Wall Street bites at reduced price
Smithfield Foods’ shares rose over their reduced initial public offering price Tuesday, as the pork producer returned to the stock market about 12 years after China’s WH Group took it private.
China ‘building laser-ignited fusion research centre’ in challenge to US
China is building a gigantic laser-ignited fusion power laboratory … Helion’s latest fundraising takes the amount raised by the company to more than $1bn and values the business at $5.4bn. David Kirtley, Helion’s chief executive,…
How China’s DeepSeek Emerged Under Biden’s Chip Ban
Joe Biden made several attempts to curb Chinese AI advancement, but DeepSeek’s launch has put those policies into question.
China’s DeepSeek rocks Wall Street with cost-efficient AI model
Chinese startup DeepSeek has shaken financial markets by presenting a new artificial intelligence (AI) model. The company from China unexpectedly caused a drop in stocks of Silicon Valley tech …
US Vs China: AI, Crypto And The Power Play Shaping Global Trade
China’s technological capabilities may be advancing faster than previously thought, challenging U.S. dominance in AI, digital payments, reserve currency and global trade
Stocks Get Crushed, Crypto Traders Liquidated for $983,889,444 As ChatGPT Rival DeepSeek Spooks Markets
A new Chinese advancement in artificial intelligence, DeepSeek, has left US markets feeling unsettled, triggering corrections in equities and crypto assets.
China heralds DeepSeek as a symbol of AI advancements amid U.S. restrictions
U.S. companies were spooked when the Chinese startup released models said to match or outperform leading American ones at a fraction of the cost.
China’s influence on Panama Canal poses ‘acute risks to US national security,’ Sen. Cruz warns
China’s influence on the Panama Canal is a major risk to U.S. national security, Sen. Ted Cruz told lawmakers during a Senate hearing on Capitol Hill.
UK will not be able to resist China’s tech dominance
China’s AI success has come from policy and Chancellor Rachel Reeves’s recent visit to China highlights the importance of a close relationship.
US and Allied Jets Flex Air Power Against China
Dozens of U.S. and Japanese military aircraft held training around Okinawa Island in the Western Pacific Ocean.
Sen. Cruz: China’s influence on Panama Canal ‘poses acute risks to US national security’
Sen. Ted Cruz, R-Texas, warns lawmakers about China during a Senate Committee on Commerce, Science & Transportation hearing.
Trump calls DeepSeek a ‘wake-up call’ for U.S. tech and welcomes China’s AI gains
Chinese AI startup DeepSeek rocked the U.S. tech sector by releasing an AI model that appeared to rival those built by leading AI labs—at a fraction of the price.