1 week ago California progressive to lead Democrats on House China panel seeks ‘economic patriotism’

Ro Khanna, a California progressive who opposed the US congressional effort to force the Chinese divestment of TikTok, will replace Illinois Representative Raja Krishnamoorthi as the top Democrat on the House Select Committee on the Communist Party later this month. The announcement, made by House Democratic leader Hakeem Jeffries on Monday, comes eight months after Krishnamoorthi said he would run for a Senate seat that will be vacated by Illinois Democrat Dick Durbin. Durbin announced last...

Politics

1 week ago Ro Khanna seeks ‘economic patriotism’ as he leads US Democrats on House China panel

Ro Khanna, a California progressive who opposed the US congressional effort to force the Chinese divestment of TikTok, will replace Illinois Representative Raja Krishnamoorthi as the top Democrat on the House Select Committee on the Communist Party later this month. The announcement, made by House Democratic leader Hakeem Jeffries on Monday, comes eight months after Krishnamoorthi said he would run for a Senate seat that will be vacated by Illinois Democrat Dick Durbin. Durbin announced last...

Politics

2 w. ago DeepSeek kicks off 2026 with paper signalling push to train bigger models for less

Chinese artificial intelligence start-up DeepSeek has ushered in 2026 with a new technical paper, co-authored by founder Liang Wenfeng, that proposes a rethink of the fundamental architecture used to train foundational AI models. The method – dubbed Manifold-Constrained Hyper-Connections (mHC) – forms part of the Hangzhou firm’s push to make its models more cost-effective as it strives to keep pace with better-funded US rivals with deeper access to computing power. It also reflected the...

Politics

3 w. ago China’s stance on TikTok deal ‘not a green light with no strings attached’, analysts say

The Chinese commerce ministry’s latest remarks on the TikTok deal in the US signalled acceptance rather than approval, as Beijing “hopes” the arrangement will comply with Chinese laws and strike a balance between rival interests, analysts say. The Chinese Ministry of Commerce, which oversees trade and export controls, declared its position a week after TikTok announced the formation of a joint venture, controlled by a consortium of American investors, that would take over its operations in the...

Politics

3 w. ago China hopes for solution on TikTok compliant with Chinese laws, balanced in interests: commerce ministry

China hopes for solution on TikTok compliant with Chinese laws, balanced in interests: commerce ministry  China Daily

Politics

3 w. ago TikTok’s Chinese owner plans $23bn AI spend to keep pace with US rivals

TikTok’s Chinese owner plans $23bn AI spend to keep pace with US rivals  Financial Times

Economics

3 w. ago TikTok owner ByteDance’s valuation hits US$500 billion as US survival plan advances

China’s ByteDance, owner of TikTok, has seen its valuation surge to US$500 billion on the private market as it advances a survival plan in the US, up sharply from US$400 billion earlier this year, according to two sources. With the deadline for a sell-or-ban law looming, TikTok CEO Chew Shou Zi informed employees last week that the company had signed a binding agreement to divest its US entity into a joint venture controlled by American investors. “Investors are happy about the deal’s terms as...

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