China Vanke Co. has been thrown a lifeline by state authorities, a rare show of support that signals the developer may be too big to fail even after dozens of property firms defaulted amid China’s…
Monthly Archives For January 2025
Annual Lunar New Year night parade in Hong Kong to feature 9 floats, 28 groups
Hong Kong Tourism Board offers preview of show, which includes participants from Jockey Club, Disneyland and Cathay Pacific, among others.
Oil prices hover near two-week low, weak China data adds to demand concerns
Oil prices edged higher but remained near a two-week low on Tuesday, as weak economic data from China and rising temperatures elsewhere dampened the demand outlook. Brent crude oil futures were up by …
Best AI Agent Crypto To Buy Now Amid DeepSeek China AI Fears, Nvidia Crash
As DeepSeek China AI fears grow and Nvidia stock crashes, savvy investors are searching for the best AI agent crypto to buy now.
DeepSeek’s founder is being hailed in China as an ‘AI hero of Guangdong’ after the US market rout
A $1 trillion wipeout in the US stock market has given Liang Wenfeng a new burst of online stardom, with one Chinese paper calling him a “great god.” …
DeepSeek’s new AI chatbot and ChatGPT answer sensitive questions about China differently
DeepSeek’s AI assistant became the No. 1 downloaded free app on Apple’s iPhone store on Tuesday afternoon and its launch made Wall Street tech superstars’ stocks tumble.
From copycat to innovator: How China trumped US with DeepSeek
China, previously known for producing low-quality knock-offs, has emerged as an innovator in various high-tech fields. Recent breakthroughs in iron-making, stealth fighter jets, satellite …
New CIA assessment claims COVID-19 virus ‘probably’ came from Chinese laboratory
The CIA now believes the virus responsible for the COVID-19 pandemic most likely originated from a laboratory, according to an assessment released on Saturday. It points the finger at China despite …
International brands launch limited editions for Year of Snake
A sales person arranges snake-themed clothes at Haikou International Duty-free Shopping Complex in Haikou, south China’s Hainan Province, Dec. 31, 2024. (Xinhua/Guo Cheng) …
China Ready To Take Back Illegal Immigrants Amid Trump Threats
The number of Chinese migrants being arrested at the U.S.-Mexico border soared from over 24,000 in 2023 to 36,500 in 2024. The U.S. Department of Homeland Security deported at least three groups of illegal Chinese…
Oil hits 2-week low as China’s DeepSeek AI spurs demand fears
Oil prices fell about 2% to a two-week low on Monday as news of surging interest in Chinese startup DeepSeek’s low-cost artificial intelligence (AI) model prompted concerns over energy demand to power …
China Vanke’s management reshuffle signals bailout for troubled developer, analysts say
Support for Vanke could see banks extend loans, reduce discounts on asset sales and boost homebuyers’ confidence, CGS’ Raymond Cheng says.
DeepSeek offers no new answers to China’s AI bind
DeepSeek has triggered a dramatic rethink on artificial intelligence spending around the world, except perhaps in China. The startup’s impressive low-cost model showcases the country’s innovation prowess.
