Beijing
China’s AI balancing act — beating the U.S. but keeping the tech from threatening Beijing’s rule
China is looking to challenge the U.S. in artificial intelligence. China’s tech giants have launched their own AI models. Niphon | Istock | Getty Images China’s race to develop smarter-than-human artificial intelligence may put it ahead of the U.S., but such ground-breaking technology could also risk lessening the stronghold that the ruling Communist Party has […]
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Tim Cook and other U.S. executives attend China expo, meet officials as Trump tariff threat looms
A view of the exterior of the China International Exhibition Center (Shunyi Hall), venue for the second China International Supply Chain Expo (CISCE), on November 26, 2024 in Beijing, China. Vcg | Visual China Group | Getty Images American business leaders are in China this week for meetings with officials and a high-profile supply chain […]
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China’s Alibaba releases AI search tool for small businesses in Europe and the Americas
Alibaba International promotes its e-commerce platform for small businesses at the Canton Fair in Guangdong, China, on Oct. 16, 2024. Vcg | Visual China Group | Getty Images BEIJING — Chinese e-commerce giant Alibaba on Tuesday unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies. It’s an […]
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China’s state-owned tobacco behemoth is booming, defying global trends and anti-smoking efforts
Photo of cigarettes sold in Shanghai on March 7, 2022. Cfoto | Future Publishing | Getty Images China is bucking global smoking trends as cigarette sales surge in the country, powered by “the biggest tobacco company most people have never heard of.” The China National Tobacco Corporation, commonly known as China Tobacco, has a near […]
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China consumer prices rise slowest in 4 months, despite stimulus
People purchasing fruit at an agricultural trade market on May 11, 2024 in Lianyungang, Jiangsu Province of China. Vcg | Visual China Group | Getty Images China’s consumer prices rose at the slowest pace in four months in October while producer price deflation deepened, data showed on Saturday, even as Beijing doubled down on stimulus […]
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China urges U.S. cooperation as Trump trade threat looms
A flag stall at the Yiwu Wholesale Market in Zhejiang province, China, on May 10, 2019. Aly Song | Reuters BEIJING — China emphasized the need for greater cooperation with the U.S. a day after it became clear President-elect Donald Trump would become the next president of the United States. “The Chinese side is willing, […]
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China gears up for a big week as markets await U.S. elections and stimulus details
Key Points Investors expect details on China’s fiscal stimulus plans be come out Friday, after Beijing considers the U.S. presidential election earlier in the week. “The size of China’s fiscal stimulus package would be around 10~20% bigger under a Trump win than under the scenario of a Harris win,” Ting Lu, chief China economist at […]
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Chinese researchers develop AI model for military use on the back of Meta’s Llama, Reuters reports
Top Chinese research institutions linked to the People’s Liberation Army have used Meta’s publicly available Llama model to develop an AI tool for potential military applications, according to academic papers and analysts. Top Chinese research institutions linked to the People’s Liberation Army have used Meta’s publicly available Llama model to develop an AI tool for potential military applications, according to academic papers and analysts. In a June paper reviewed […]
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Eyeing U.S. election, China considers over $1.4 trillion in extra debt over next few years, Reuters reports
This photo taken on September 24, 2023, shows residential buildings in Chongqing, in southwest China. Stringer | Afp | Getty Images China is considering approving next week the issuance of over 10 trillion yuan ($1.4 trillion) in extra debt in the next few years to revive its fragile economy, a fiscal package which is expected to be further bolstered if Donald Trump wins the U.S. election, said two sources with […]
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Alibaba and more: Fund manager gets bullish on 3 China tech stocks — expecting one to double
Shares of e-commerce giants in China look attractive as Beijing attempts to stimulate domestic consumption, according to investor Jason Hsu. Hsu, founder and chairman of Rayliant Global Advisors, told CNBC’s Pro Talks that Alibaba , JD.com , and Pinduoduo are among his top picks. He also revealed a more cautious stance toward Baidu over company […]
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