Chip giant Nvidia shed nearly $600bn in market value after Chinese AI model cast doubt on supremacy of US tech firms.
Monthly Archives For January 2025
US tech stocks plunge on China AI’s unexpectedly strong showing
Goodrich said it would be good for the US to “take more seriously China’s science and technology capabilities”, even if it lags America’s. Yet Isaac Stone Fish of Strategy Risks, a data and research firm,…
China’s DeepSeek AI shakes American swagger and upends assumptions
The speed at which the new Chinese AI app DeepSeek has shaken the technology industry, the markets and the bullish sense of American superiority in the field of artificial intelligence (AI) has been …
Oil prices hold near two-week low as weak China data adds to demand concerns
Oil prices hovered near a two-week low on Tuesday after weak economic data from China and warming weather forecasts elsewhere soured the demand outlook. Brent crude oil futures rose by 12 cents, or 0.
Live Q&A: How Trump’s Presidency Is Already Affecting China
Bloomberg reporters answer your questions on how China and its markets have reacted to Trump’s second presidency.
Here’s what the US can learn from EU as Chinese EV imports increase, despite tariffs
Manufacturers in China have found workarounds, and experts say that could be a lesson for U.S. policymakers. Export data released last week show EV exports from China to the European Union increased 8 …
How the US may have unintentionally helped create an AI monster in China
The US tried to limit China’s AI advancements with chip restrictions. It may have fueled the innovation behind DeepSeek instead.
China Vanke’s Hong Kong shares climb after reshuffle of top management
Property developer China Vanke’s Hong Kong shares firmed on Tuesday following a change of top management that reinforced government support for the company to contain its liquidity risks.
Is China’s Economy Entering ‘Historical Garbage Time’? Part 1
China is suffering from deflation, devaluation, capital flight and the loss of foreign investment — all at the same time. Unprecedented, far worse than “Japanification.”
DeepSeek temporarily limits new registrations to only China phone numbers, citing ‘large-scale malicious attacks’
The Chinese AI company DeepSeek cited recent “large-scale malicious attacks” for the temporary registration limits.
China Vanke shares set to jump after senior management reshuffle
Property developer China Vanke’s Hong Kong-listed shares were set to open 8.7% higher on Tuesday following the announcement of a senior management change.
China’s DeepSeek suggests AI can be done cheap. The fallout could be costly
The US was seen to have a major lead in the field of AI, and export bans in place were meant to keep it that way. China’s new AI tool challenges those assumptions.
Missouri Attorney General continues fighting China in court over COVID-19
Missouri Attorney General Andrew Bailey said he finished his trial against China on Monday. Bailey says he is holding China accountable for unleashing COVID-19 on
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