China

News

Founder of Startup Butterfly Effect Says Chinese AI Agent Manus Transcends Chatbots

The Chinese startup Butterfly Effect, which has developed the general-purpose artificial intelligence agent dubbed Manus, appears to become a significant change factor in the market of large language models in the Asian country, as this virtual product focuses on apps beyond chatbots similar to ChatGPT from OpenAI.

News

China Seeks to Boost Consumption

China’s latest action as part of efforts to increase consumption is not aimed at dramatically raising all types of spending.

News

China Announces High-Tech Fund

After the artificial intelligence reasoning model, a product of the Chinese company DeepSeek, became popular globally in the current year, the top economic officials of the Asian country promised to form a state-backed fund to support technological innovation.

Finance & Economics

China’s Inflation Declines Below Zero

In China, consumer inflation showed a decrease, which turned out to be more widespread than preliminary expectations regarding the dynamic of this indicator, and fell below zero for the first time in 13 months, an assessment skewed by seasonal distortions, but also a signal of continued deflationary pressure on the economic system of the Asian […]

News

Trump Tariffs to Accelerate Inflation, Hinder GDP, Employment

As U.S. President Donald Trump fiddles with tariffs on some goods from Canada, China and Mexico, analysts share their estimations on how that might influence key economic indicators, such as inflation, employment and GDP.

Finance & Economics

China Sets Economic Growth Goal of About 5%

China has set an economic growth target of about 5% for 2025, raising expectations that officials in the Asian country will expand stimulus measures as the Asian country is now gradually entering a trade war with the United States.

Finance & Economics

China Hits US Agriculture Amid Tariff Confrontation

On Tuesday, March 4, China demonstrated an instant proactive response to tariffs from the United States by deciding to raise levies on imports of US agricultural products and food worth $21 billion.

News

Honor Pledges $10 Billion AI Investment

Last Sunday, March 2, Chinese smartphone manufacturer Honor pledged to invest $10 billion in artificial intelligence and announced the deepening of the Google partnership, which is related to the company’s desire to bolster its market share overseas.

Finance & Economics

Xi Jinping Reportedly Prepares to Unveil China Stimulus Plan

The head of the People’s Republic of China, Xi Jinping, is gradually approaching one of the main political huddles of the current year against a favorable background based on the gradual improvement of the situation in the economic system of the Asian country.

Science & Technology

Ant Group Enters AI Robotics Sector

Chinese fintech giant Ant Group has ventured into the Asian country’s humanoid robotics sector, which is currently in the condition of active development.

News

China’s Tech Stocks Demonstrate Growth

Shares of Chinese technology companies listed in Hong Kong on Friday, February 21, showed their best weekly winning streak since 2020, as earnings surpassing preliminary expectations and optimism about the artificial intelligence sector gained global investors who made financial injections into the relevant area.

News

Chinese Universities Launch DeepSeek Courses

This month, local universities in China launched artificial intelligence courses based on the Chinese AI startup DeepSeek, which breakthrough in the global digital intelligence industry has been described by some experts as a kind of so-called Sputnik moment for an Asian country and has become one of the most discussed topics in the world’s information […]

Science & Technology

Oppo Launches $1,870 Folding Phone

The Chinese company Oppo, which specializes in the development and manufacture of consumer electronics, including smartphones, on Thursday, February 20, presented its new flagship folding phone model Find N5.

Finance & Economics

Alibaba Demonstrates Growth

Alibaba Group Holding Ltd. has published information about its earnings for the fourth quarter of 2024, according to which the revenue of this Chinese Internet pioneer for the mentioned period demonstrated growth at an upward dynamic pace, which is the fastest in more than a year, and this is another signal in favor of the […]

News

Ethereum Holder Spends $6.8 Million to Warn Against Mass Mind Control

In China, a man transferred more than 2,553 Ether worth $6.8 million to various addresses, including a burn address and WikiLeaks donations, claiming that Chinese entities and corporations control people using mind-control technology and devices.

News

Xi Jinping Urges Entrepreneurs to Show Their Talents

On Monday, February 17, President of the People’s Republic of China Xi Jinping delivered a speech at a rare closed-door symposium with the participation of entrepreneurs, urging them to show their talents in a new era for business in the Asian country.