Leaders from Silicon Valley were met on Thursday with a new tone from Congress, where Republican lawmakers urged policymakers to prioritize tech innovation over regulations. Over the course of …
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Luxury Labels Ditch Steep China Discounts to Rebuild Brand Value
Some luxury labels are pulling back from steep markdowns in China, seeking to rebuild an image of exclusivity to lure back wealthy shoppers whose spending remains less affected by economic slowdown.
AI execs say US must increase exports, improve infrastructure to beat China
The Senate Commerce Committee wants to cut regulatory barriers to U.S. artificial intelligence after China’s DeepSeek debuted its high-quality, affordable AI model last year.
OpenAI CEO Sam Altman and other US tech leaders testify to Congress on AI competition with China
OpenAI CEO Sam Altman and executives from Microsoft and chipmaker Advanced Micro Devices testified on Capitol Hill about the biggest opportunities, risks and needs facing an industry which lawmakers …
Democrats invite Microsoft to advise Congress on CCP AI race despite its pro-China history
On Thursday, the Senate Commerce Committee invited Microsoft President Brad Smith to discuss ways the United States could “beat China in the [artificial intelligence] race.” Microsoft, however, has a …
China’s six-year-olds are being offered AI classes in school—and now 250 CEOs want the lessons to come to America
The CEOs of Microsoft, Airbnb, and Uber are among over 250 business leaders who are demanding computer science and AI education for all students: “We must prepare our children for the future,” they …
China’s Arrest of North Korea Spy Reveals Cracks in Xi-Kim Alliance
The arrest comes against the backdrop of North Korea’s deepening military ties with Russia, a relationship analysts say is awkward for China.
China’s Clean Energy Boom Spells Trouble for Central Asia’s Gas Giants
China’s rapid expansion in renewable energy is upending Central Asia’s gas export market while offering Uzbekistan new opportunities in clean energy.
Hong Kong IPOs outshine broader market spurred by inflows from global, Chinese funds
The shares first changed hands at HK$190.60, a jump of 68.5 per cent from the initial public offering (IPO) price of HK$113.12 when trading began at 9.30am.
China-led funds spur largest monthly inflow into gold ETFs in three years
The inflow into physically backed gold exchange-traded funds in April was the largest since March, 2022, with China-listed funds leading the move due to the country’s trade war with the U.S., data …
Crypto Price Prediction: PEPE, TRUMP, BONK Lead Rally Ahead of Trump’s ‘Big Announcement’
The crypto price prediction today, May 8, is bullish amid widespread gains driven by President Donald Trump, who has teased an upcoming “big …
Sports brand Puma adapts supply chain for China tariffs impact, hints at US price hikes
German sportswear brand Puma has reduced the amount of merchandise it ships to the United States from China to adapt its supply chain to tariffs, and could increase prices in the U.S., the chief …
China’s digital innovation praised by 86% of respondents in a global survey: report
BEIJING, May 8 — six percent of respondents praised China’s advancements in digital technology, according to a report released Wednesday by Renmin University of China (RUC) in Beijing.
