14 h. ago China's AI startup Zhipu offers plan for Claude AI users to migrate to its own model

China's AI startup Zhipu offers plan for Claude AI users to migrate to its own model  Reuters

Politics

17 h. ago Kenya’s plan to switch debt payments from US dollars to yuan is a ‘win

Kenya’s plan to convert its US dollar-denominated Chinese debt to yuan is a “win-win”, as it is expected to reduce interest payments for the African nation while advancing China’s goal of increasing the global use of its currency, according to analysts. The deal would be precedent-setting and could establish a new rule book for future debt restructuring and possibly cut reliance on the US dollar. In late August, Kenya’s Treasury announced that talks with the Export-Import Bank of China were at...

Economics

30 h. ago Mexico considering imposing tariffs on China, President Sheinbaum says

Mexican President Claudia Sheinbaum said on Thursday that her government is considering imposing tariffs on imports from countries that do not have trade agreements with Mexico, including China. The tariffs would be part of “Plan Mexico”, an initiative to boost domestic industry amid tariffs imposed by US President Donald Trump on some imports from Mexico. “We are considering tariffs as part of Plan Mexico, which we’ve proposed since we came into office,” said Sheinbaum. China is among countries...

Politics

49 h. ago Local Chinese government stimulus pushes big spenders to dig in while dining out

A local government in China’s provincial economic powerhouse of Zhejiang has announced plans to subsidise the restaurant meals of high-value consumers, in a move that is intended to stimulate consumption but could raise questions about whether it runs contrary to the central government’s austerity drive. Shaoxing – a city known for its textile industry and a prized variety of cooking wine – will offer subsidies of up to 5,000 yuan (US$700) to banquet holders if they host five or more tables and...

Politics

52 h. ago Harvard scores big win over Trump as judge overturns billions in funding cuts

A federal judge in Boston on Wednesday ordered the reversal of the Trump administration’s cuts to more than US$2.6 billion in funding for research grants for Harvard University. US District Judge Allison Burroughs sided with the Ivy League school, ruling the cuts amounted to illegal retaliation for Harvard’s rejection of White House demands for changes to its governance and policies. The ruling delivers a significant victory to Harvard in its battle with the Trump administration, which has also...

Politics

3 d. ago Russia, China agree to pipeline plan, leaving Beijing with the upper hand | Today News

Russia, China agree to pipeline plan, leaving Beijing with the upper hand | Today News  Mint

Politics

3 d. ago Russia, China agree to pipeline plan, leaving Beijing with the upper hand

Russia, China agree to pipeline plan, leaving Beijing with the upper hand  Mint

Politics

4 d. ago Putin shores up ties with India and China while U.S, EU plan way forward on Ukraine

Putin shores up ties with India and China while U.S, EU plan way forward on Ukraine  Washington Times

Politics

7 d. ago EU readies new economic battle plan but leaves its old guns holstered

The European Union is preparing an “economic security doctrine” that will for the first time connect its trade and economic defences – but while Brussels builds the pipes, national leaders remain reluctant to turn on the tap. Sources say the doctrine, which was announced last week by trade chief Maroš Šefčovič, will allow bureaucrats to coordinate between existing and future instruments as they seek to make Europe’s fragmented arsenal quicker and more efficient to deploy. Yet, after spending...

Events

9 d. ago Japan Announces Plan to Counter China's Armed Coast Guard Fleet

Japan Announces Plan to Counter China's Armed Coast Guard Fleet  Newsweek

Events

9 d. ago Exclusive: China tech giant JD.Com unit, two other firms plan $1 billion Singapore REIT, sources say

Exclusive: China tech giant JD.Com unit, two other firms plan $1 billion Singapore REIT, sources say  Reuters

Economics

2 w. ago ‘Play offence’: Trump hints Ukraine should widen attacks on Russia

US President Donald Trump insinuated in a social media post that he is open to Ukraine launching more attacks on Russia, as the White House looks to pressure Russian President Vladimir Putin to agree to a one-on-one meeting with Ukrainian President Volodymyr Zelensky. “It is very hard, if not impossible, to win a war without attacking an invaders country,” Trump wrote. “It’s like a great team in sports that has a fantastic defence, but is not allowed to play offence. There is no chance of...

Politics

2 w. ago Nvidia, AMD Cleared to Export Downgraded AI Chips to China Under Trump Deal

Nvidia, AMD Cleared to Export Downgraded AI Chips to China Under Trump Deal  Yahoo Finance

Politics

2 w. ago Trump's AI plan is a bulwark against the rising threat from China

Trump's AI plan is a bulwark against the rising threat from China  Fox News

Events

2 w. ago China’s Nvidia challenger Cambricon to raise US$560 million for AI chip work

Chinese semiconductor firm Cambricon Technologies, seen as a potential future challenger to Nvidia, plans to raise nearly 4 billion yuan (US$560 million) for AI chip development, boosting its standing in the country’s tech self-sufficiency drive. In a statement on the weekend, Cambricon said the Shanghai Stock Exchange had given the go-ahead for its 3.98 billion yuan fundraising plan, which is pending approval from the China Securities Regulatory Commission. The move comes after its stock price...

Economics

2 w. ago Nvidia and AMD Stocks Face Fresh Risk as Democrats Oppose Trump’s China Chip Deal

Nvidia and AMD Stocks Face Fresh Risk as Democrats Oppose Trump’s China Chip Deal  TipRanks

Politics

2 w. ago Is US trade policy for sale? America’s partners deserve an answer

Any lingering doubts about the extent to which US President Donald Trump has rewritten the rules of global trade should have been laid to rest with reports that chip giants Nvidia and AMD have agreed to pay the US government 15 per cent of the revenue from chip sales in China. The payments are a quid pro quo for approval of the export licences needed to sell semiconductors critical to China’s artificial intelligence (AI) ambitions. The previously stalled licences were approved by the Commerce...

Events

3 w. ago Kevin O'Leary Says Nvidia, AMD Still Win Under Trump China Plan Despite 15% 'Form Of Blackmail' Levy

Kevin O'Leary Says Nvidia, AMD Still Win Under Trump China Plan Despite 15% 'Form Of Blackmail' Levy  Yahoo Finance

Politics

3 w. ago AmCham China Members Share Policy Suggestions at Beijing Five

AmCham China Members Share Policy Suggestions at Beijing Five-Year Plan Consultation  American Chamber of Commerce in China

Events

3 w. ago Bessent Sees Nvidia, AMD China Agreements as a Model for Others

Bessent Sees Nvidia, AMD China Agreements as a Model for Others  Bloomberg.com

Politics