White House AI and crypto czar says China is only 3-6 months behind the US on AI, not years behind America, and that it’s a ‘very close race’.
Tagged By business
Biotech Firm MediLink Is Said to Hire Banks for Hong Kong IPO
MediLink Therapeutics Ltd. has hired China International Capital Corp., JPMorgan Chase & Co. and Morgan Stanley for a planned initial public offering in Hong Kong, according to people familiar with …
China News Live: Chinese grandmother, 92, draws attention for daily 200 push-ups and 100 sit-ups
Welcome to our live blog tracking the latest news and developments from China. Stay updated with real-time insights into the country’s economy, politics, civic issues, and security situation.
Inflation data, US China trade talks, Tesla’s robotaxi update: Live Updates
The CPI gives the latest update on consumer inflation, President Trump’s trade team is back from talks with China and Tesla CEO Elon Musk sets the stage for the debut of the long awaited robotaxis.…
The US and China have reached a trade framework after 2 days of talks in London, says China’s negotiator
China’s trade negotiator says that the two countries reached an agreement on a trade framework after two days of talks.
China’s Insta360 targets US growth after $270m IPO despite trade war
Specializing in 360-degree filming devices, Insta360 surged on its first day of trading on the Shanghai Stock Exchange Science and Technology Innovation board on Wednesday, opening 285% above its IPO …
Rights group says global brands are at risk of links to forced labor in China’s minerals industry
An international rights group says several global brands are among dozens of companies at risk of using forced labor through their Chinese supply chains.
Gen. Keane warns China conducting ‘most comprehensive penetration’ of US society in our 250-year history
Chinese threat escalates with arrests of nationals smuggling biological pathogens into the U.S., part of what Keane calls the most comprehensive penetration in history.
US, China reach framework deal to ease export restrictions
U.S. and Chinese officials agreed on a framework to put their trade truce back on track and resolve China’s export restrictions on rare earth minerals and magnets, U.S. Commerce Secretary Howard …
Crypto’s hottest new trend: publicly traded companies buying bunches of bitcoin
President Donald Trump’s media company just announced a plan to raise $2.5 billion to buy bitcoin, joining a growing number of so-called “bitcoin treasury companies” as the world’s most popular …
China’s No 5 EV battery maker Eve Energy jumps on Hong Kong IPO bandwagon
The firm joins more than a dozen smart-mobility companies from mainland China aiming to raise funds amid the city’s listing surge.
How Chinese imports are skirting Trump’s tariffs
The new tariff on Chinese imports was 34%. For Cambodia, the new tariff rate was 49%. Vietnam: 46%. Thailand: 36%. Indonesia: 32%. Malaysia: 24%. Those rates weren’t based specifically on …
White House AI czar on race with China: ‘We’ve got to let the private sector cook’
“Washington wants to control things, the bureaucracy wants to control things. That’s not a winning formula for technology development,” David Sacks said.