Chinese AI startup DeepSeek said on Wednesday that between 1630 GMT and 0030 GMT, the cost of using its API, a platform that allows developers of other apps and web products to integrate its AI…
Monthly Archives For February 2025
China firmly opposes US’ unilateral imposing of tariffs, FM on US new probe into copper imports
There are no winners in either a trade or tariff war, and the interests of the people of all countries will be harmed, and China firmly opposes the US’ unilateral actions to impose additional tariffs,…
Bud Brewer AB InBev’s Sales Miss Expectations as China Weakness Persists
The world’s largest brewer sold less beer than analysts expected in the fourth quarter, dragged by lingering weakness in China, but said it gained market share in the U.S.
China’s DeepSeek frenzy enters the home as TV, vacuum cleaner makers adopt its AI models
China’s joyful embrace of DeepSeek has gone one step deeper – extending to TVs, fridges and robot vacuum cleaners with a slew of home appliance brands announcing that their products will feature the …
China holds ‘shooting’ drills off Taiwan’s coast, vows ‘reunification’ push
China’s military held “shooting training” on Wednesday off Taiwan’s southwest coast in a move Taipei described as provocative and dangerous, while a senior Chinese leader vowed unswerving efforts to …
Taiwan says China set up ‘live-fire training’ zone off its coast without warning
China’s military has set up a zone for “live-fire training” about 46 miles (74 kilometers) off the southwestern coast of Taiwan without advance notice, the island’s defense ministry said on Wednesday, …
China to start re-capitalizing banks with $55 billion, Bloomberg News reports
China plans to inject at least 400 billion yuan ($55.13 billion) into its biggest banks in coming months as part of a broader stimulus package to revive growth in the economy, Bloomberg News reported …
China Plans to Start Bank Capital Hike With at Least $55 Billion
China plans to start re-capitalizing several of its biggest banks in coming months, according to people familiar with the matter, following through on a broad stimulus package unveiled last year to …
Exclusive-CICC to merge with Galaxy Securities to form China’s No.3 brokerage, say sources
By Julie Zhu (Reuters) -State-owned China International Capital Corp (CICC) is set to merge with its peer China Galaxy Securities, said five sources, in a deal that would create the country’s …
Chinese Electric Truckmaker Zhizi Is Said to Plan $200 Million Hong Kong IPO
Chinese electric truckmaker Zhizi Automobile Technology Co. is considering an initial public offering in Hong Kong that could raise about $200 million, according to people familiar with the matter.
New Coronavirus Detected In China Wuhan Lab May Trigger Another Pandemic: CDC Says No Immediate Threat to Humans
CoV-2, with similarities to SARS-CoV-2. Read on to know more about the virus variant, and understand what CDC has to say about the current threat.
Premier Li makes house call to state telecoms as Beijing dials in on innovation
Message to nation’s state-owned service providers underpins China’s bid to achieve ‘high-level technological self-reliance’.
China’s HongShan hires ex-Bain Capital dealmaker in new Japan push, sources say
China’s HongShan Capital Group (HSG) has hired Komi Kyu from Bain Capital to head a new local office in Japan, three sources with knowledge of the matter said.
