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The tightly choreographed pro-business meet marked a turnaround in Beijing's approach to the tech industry in the face of a slowdown in growth, deflationary concerns and a bitter rivalry with the US
Insiders say the White House is concerned about many of the terms underpinning the $39 billion Chips and Science Act industry subsidies
Up until the launch of DeepSeek last month, Ernie Bot was widely seen as the closest Chinese rival to ChatGPT
Apple chose Alibaba partly due to the e-commerce giant’s vast troves of personal data on users' shopping and payment habits, which could help train AI models
Experts say China's 'breakthrough' AI app collects excessive amounts of user information, and stores it using outdated security protocols in servers accessible to Beijing
The meme coin — $Trump — was launched with an opening sale price of just 18 cents and went on to hit a peak of $75 per token within two days
Chinese market analysts believe DeepSeek's launch is a 'watershed' moment that shows Beijing can hold its ground amid an intense tech war with rival US
Catering outlets, restaurants and cafes have been hammered by China's intensifying economic slowdown over the past year, according to recent industry reports.
Nissan did not want to be a Honda subsidiary, according to sources reported by Nikkei; its board is now reportedly reconsidering it's options
Huawei to make DeepSeek model available on Ascend, while Alibaba, Baidu and Tencent's cloud arms also say they've made its models accessible via their services
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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