China’s net gold imports via Hong Kong in December fell 84% from the previous month, dropping to their lowest since April 2022, Hong Kong Census and Statistics Department data showed on Monday. WHY IT …
Tagged By beijing
Tech stocks fall as China’s DeepSeek sparks U.S. worries about the AI race
DeepSeek released an open-source artificial intelligence model in December after saying that it took only two months and less than $6 million to create.
Vanke’s woes reignite fears for China’s property sector
Real estate developer says it expects $6.2bn annual loss and announces sudden resignation of chair and chief executive …
China’s factory activity contracts in January for the first time in four months
China’s most important festival, this year’s public holidays will begin on Tuesday and continue until 4 February. It is the time when millions of people leave the cities to travel back home for a rare…
Coronavirus: Top China expert says virus ‘spreading rapidly’ after easing of zero-Covid policy
One of China’s top health experts has warned of a surge in Covid-19 cases, state media said on Sunday, in the wake of the government’s decision to abandon its hardline coronavirus strategy.
A new AI assitant from China has Silicon Valley talking
DeepSeek’s latest models, created by a small company with limited resources, are already beating many of the leading AI models in the United States.
Qiming Venture Partners’ Portfolio Company HyperStrong Successfully Listed on STAR Market
Beijing Time, Qiming Venture Partners’ portfolio company HyperStrong, a leading provider of battery energy storage systems (BESS) in China, successfully debuted on the Shanghai Stock Exchange’s …
China says it’s “extremely unlikely” COVID pandemic came from lab leak, as CIA now indicates
China says it’s “extremely unlikely” that COVID-19 came from a lab, after the CIA said it believed, though with low confidence, that it did, rather than from natural transmission.
COVID-19 most likely caused by a lab leak according to the CIA
The CIA now believes the COVID-19 pandemic is “more likely” to have originated from a laboratory leak in China than from animals.
XRP, Bitcoin Are Falling. It Isn’t Just China’s AI Threat That Is Hurting Crypto.
DeepSeek has produced an open-source AI model that could rival ChatGPT while being significantly cheaper to produce.
Mo. suing China for its role in COVID-19 pandemic, Bailey says
Missouri is suing China for its role in the COVID-19 pandemic, Attorney General Andrew Bailey says. Bailey is preparing for the trial on Monday, January 27 at 2 p.m. It’ll be held at the federal…
CIA Shifts View on Covid-19 Cause to Lab Leak ‘More Likely’
The Central Intelligence Agency said the Covid-19 pandemic “more likely” originated from a lab leak than a natural source, shifting its stance after previously saying both scenarios were possible.
China ‘teapot’ refiners halt plants as new fuel tax bites, sources say
Several independent oil refineries in eastern China have halted operations, or plan to do so, for indefinite maintenance periods as new Chinese tariff and tax policies plunge them deeper into losses, …
