China Financial News
06.02 / 13:39
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World shifting to new energy system, India stuck in outdated economic thinking: Rahul Gandhi
new energy system, where electric motors, batteries, and optics will be the most crucial technologies, yet India «remains stuck in outdated economic thinking, controlled by monopolies like Reliance and Adani». The Leader of Opposition in Lok Sabha said when power is no longer concentrated in a few hands, whether in business or government, it transforms everything.
06.02 / 12:51
Provident
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CEO
Exelon
wellness
country
reports
Power stocks had been on an AI tear. Then came DeepSeek.
Subscribe to enjoy similar stories. Chinese AI startup DeepSeek has laid bare one of the power sector’s greatest fears: The AI boom might not need nearly as much electricity as anticipated. DeepSeek, a generative-AI model trained using substantially less energy than its American competitors, routed tech and power company shares last week, eroding stock gains spurred by data center growth projections.
06.02 / 12:41
markets
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DeepSeek's first working day after the Lunar New Year break: More security personnel deployed outside its building, entrance locked, and all visitors requests turned down
DeepSeek's latest AI model gained global attention in the last two weeks, but now the company is maintaining secrecy about its next moves.
06.02 / 11:49
06.02 / 10:03
markets
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TikTok
Trade
War
innovations
shock
DeepSeek’s big-picture message: Embrace the open-source movement for wider benefits
Subscribe to enjoy similar stories. DeepSeek’s moment of global glory is a double-edged sword, and it couldn’t have come at a more geopolitically fraught time. The upstart grabbed global attention with its latest models, shocking Silicon Valley and investors with their capabilities and efficiency.
06.02 / 09:07
COST
UPS
Manufacturing
Trade
President
country
reports
Fast fashion, laptops and toys are likely to cost more due to US tariffs on Chinese imports
A sweeping new U.S. tariff on products made in China is expected to increase the prices American consumers pay for a wide array of products
06.02 / 08:15
Dogecoin
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Bitcoin
trump tariffs
Bitcoin rises above $99,000 as US pauses tariffs; XRP, Dogecoin jumps over 13%
cryptocurrency market remained highly volatile as Bitcoin experienced another sharp price swing. On Monday, Bitcoin dropped below $92,000 after US President Donald Trump announced plans to impose significant tariffs on imports from Canada, Mexico, and China, triggering panic among investors. However, Bitcoin rebounded on Tuesday after the US halted planned tariffs on Canada and Mexico, easing global trade war concerns. As of 11:14 am, Bitcoin was trading at $99,222 after hitting a day's high of $102,514.
06.02 / 07:31
06.02 / 07:17
Provident
Maxim
Trade
War
country
classical
shock
Trump’s trade war: A tale of the US grasshopper versus the Chinese ant
Subscribe to enjoy similar stories. The world is still to recover from the shock of US tariffs (held temporarily) on Canada, Mexico and China, their retaliatory moves and the risk of American tariffs on other trading partners. America runs trade deficits with about 100 countries.
06.02 / 06:27
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Why Trump is closing a trade exemption for China
Subscribe to enjoy similar stories. President Trump’s order imposing additional tariffs on China this week also suspended a popular trade exemption known as the de minimis provision that has let bargain platforms such as Shein and Temu skirt import duties and red tape on low-value packages from China. The order caused widespread confusion and prompted the U.S.
06.02 / 04:33
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Google
Apple
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information
2020
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Huawei revenue rises at fastest pace since 2016 on the back of consumer segment growth
BEIJING — Chinese telecommunications and smartphone giant Huawei continues to grow and take market share from Apple, despite U.S. restricting the company's access to high-end technology.
06.02 / 03:59
markets
Citi
Strategy
Experts
country
International
McKinsey partners question China presence as US tensions mount
McKinsey & Co. partners have been questioning the consulting giant’s presence in China, worried that doing business there may not be worth the risks given the Asian superpower’s increasingly volatile relationship with the US.
06.02 / 02:07
Analysis
economy
Trade
President
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War
Gold firms near record peak as trade war concerns linger
Gold prices inched higher on Thursday to hover near an all-time high hit in the last session, as Sino-U.S. tariff war concerns boosted safe-haven demand, while investors awaited the payrolls data for clues about the health of the world's largest economy.
06.02 / 02:07
markets
BLOCK
Strategy
Trade
PAM
country
information
South Korea ministries block DeepSeek's access
DeepSeek's access to work computers, following a request from the country's data watchdog for the Chinese AI startup to clarify how it manages user information.
06.02 / 02:07
markets
JPMorgan
Analysis
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Traders see tariffs, inflation as 2025's biggest market movers, survey shows
The bank said 51% of its 4,233 respondents named inflation and tariffs together as the top potential developments likely to dominate markets this year. Last year, inflation was also a top concern, but only for 27% of the interviewees.
06.02 / 02:07
markets
Analysis
Trade
President
Experts
show
reports
Wall Street ends higher as investors digest earnings, rate cut prospects
Alphabet earnings and weighed the prospect of future interest rate cuts from the U.S. Federal Reserve. Google-parent Alphabet dropped 7.3% after posting downbeat cloud revenue growth on Tuesday and earmarking a higher-than-expected $75 billion investment for its AI buildout this year.
06.02 / 00:51
markets
COST
UPS
CEO
country
voice
Interviews
AI belongs to everybody, says Sam Altman, CEO of ChatGPT maker OpenAI
Subscribe to enjoy similar stories. The pace of change in the field of artificial intelligence (AI) is “unbelievably more powerful than Moore's Law", Sam Altman, CEO of ChatGPT creator OpenAI said in an interview on Tuesday, when he was in India as part of a larger tour of several countries. The tour comes barely a fortnight after the release of China's DeepSeek R1 shook the market values of some of the world's biggest tech and AI firms.
05.02 / 22:09
05.02 / 21:53
markets
Digital
Strategy
Experts
PAM
information
rights
Explosive claim! DeepSeek, the new AI tool that took the world by storm, has hidden code that can send user data directly to the Chinese government, say experts
DeepSeek AI rocked the entire world of artificial intelligence right after its launch, especially when it took on ChatGPT as its primary competitor, causing a major rout in the US stock market, leading to a plummeting of AI and tech stocks, and even causing S&P 500 and Nasdaq Composite to see a setback.
05.02 / 21:23
markets
Digital
security
Strategy
Align
President
PAM
CIA offers buyouts to its entire workforce in a bid to align with Donald Trump's ambition to purge government departments
CIA) has actually initiated a buyout offer for its entire workforce as part of US President Donald Trump's broader strategy to reshape and downsize the federal government, reported Daily Mail.
05.02 / 18:33
markets
ByteDance
TikTok
Trade
President
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social
Amid tariffs war, AI and chip exports could drive US-China ties
Donald Trump’s tariffs against China may be a precursor to a trade deal between the two countries. The Trump administration’s position on artificial intelligence and semiconductor export controls will be key to any negotiations with China.
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