China Financial News

27.01 / 15:45
COST Progressive Mobile Software NVIDIA performer innovations What is China's DeepSeek and why is it freaking out AI competitors?
DeepSeek, a Chinese AI startup that’s just over a year old, has stirred awe and consternation in Silicon Valley after demonstrating breakthrough artificial intelligence models that offer comparable performance to the world’s best chatbots at seemingly a fraction of the cost.
27.01 / 15:45
Provident Progressive Platform Apple NVIDIA Trade performer Nvidia, Nasdaq futures plunge as DeepSeek triggers tech stock selloff
Nvidia Corp. and ASML Holding NV shares plunged early Monday as Chinese artificial intelligence startup DeepSeek appeared to provide comparable performance to Western chatbots at a fraction of the price.
27.01 / 13:27
UPS CEO Platform ByteDance TikTok reports Courts New bid for TikTok from Perplexity AI could give US government 50% stake
Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% of a new entity that merges Perplexity with TikTok’s U.S. business, according to a person familiar with the matter
27.01 / 13:27
markets COST Manufacturing Google NVIDIA Trade US stock futures sink as investors weigh China challenge to US dominance in AI. Nvidia drops 12%
Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial intelligence startup DeepSeek demonstrated a chatbot that it says rivals the top versions from OpenAI and Google for a fraction ...
27.01 / 13:03
markets Strategy Apple NVIDIA Trade Experts PAM Nvidia, Oracle in trouble as ChatGPT is losing AI battle against China's DeepSeek? Here is what experts are saying
Nvidia, Oracle and other Artificial Intelligence firms are experiencing an unexpected jolt Chinese startup DeepSeek's AI Assistant on Monday became the top-rated free application available on Apple's App Store in the United States overtaking rival ChatGPT, according to reports.
27.01 / 12:05
markets economy Food wellness President Doge Department Odds of U.S. recession declining: NABE economists
'Barron's Roundtable' panelists take a closer look at the President Donald Trump's impact on the markets and more.
27.01 / 11:53
COST CEO Platform NVIDIA Trade reports Chip stocks tumble after China’s DeepSeek AI models raise doubts over US tech dominance
Subscribe to enjoy similar stories. DeepSeek said training one of its latest models cost $5.6 million, compared with the $100 million to $1 billion range cited last year by U.S. rival Anthropic.
27.01 / 10:11
COST Platform Gap Universities reports Videos International AI alert: Chinese GenAI tools have begun to startle the world
Subscribe to enjoy similar stories. Chinese AI companies are laser-focused on closing the development gap with the US. Despite Washington’s efforts to hold the industry back, it’s proving it can stay competitive with Silicon Valley.
27.01 / 10:11
markets COST Progressive Mobile NVIDIA Universities performer What is China’s DeepSeek and why is it freaking out the AI world?
Subscribe to enjoy similar stories. DeepSeek, an AI startup just over a year old, stirred awe and consternation in Silicon Valley with its breakthrough artificial intelligence (AI) model that offered comparable performance to the world’s best chatbots at seemingly a fraction of the cost. Created in China’s Hangzhou, DeepSeek carries far-reaching implications for the global tech industry and supply chain, offering a counterpoint to the widespread belief that the future of AI will require ever-increasing amounts of power and energy to develop.
27.01 / 09:53
CEO Analysis Trade President stage reports China Vanke flags record loss as Chairman, CEO resign amid woes
China Vanke Co.’s chairman and chief executive officer will both resign in an abrupt move after the embattled developer warned of a record 45 billion yuan ($6.2 billion) loss for 2024. Chairman Yu Liang applied to resign due to “work adjustment reasons,” but will remain as a director of the company, Vanke said in a filing to the Hong Kong stock exchange on Monday.
27.01 / 09:23
markets UPS Remark President reports Trump's remarks at Davos send 'pulse of optimism' as S&P 500 hits record high
Markets reacted with increasing optimism following Trump's speech, with the S&P 500 hitting an all-time high of 6,118.7 before markets closed yesterday, according to data from MarketWatch. At the time of reporting today (24 January), the S&P 500 futures was standing at $6,141, having earlier picked up to $6,156. During his speech at the World Economic Forum in Davos on Thursday, Trump said he has «always liked» China's President Xi Jinping and he «look[s] forward to […] getting along» with China. Separately, in a Fox News interview this week, the US president noted he could strive ...
27.01 / 08:21
Citi Target Manufacturing economy show cover travelers China's factory activity contracts in January for the first time in 4 months
An official survey shows that China’s factory activity contracted in January for the first time in four months
27.01 / 08:03
markets Digital Strategy President PAM country Foreign Secretary Vikram Misri, Chinese Foreign Minister Wang Yi hold talks in Beijing
Foreign Secretary Vikram Misri held a meeting with Chinese Foreign Minister Wang Yi in Beijing on Monday. Wang Yi noted that India and China have implemented the important consensus reached by Prime Minister Narendra Modi and Chinese President Xi Jinping during their meeting held in Russia's Kazan last year.
27.01 / 08:03
markets Strategy Research Experts Universities innovations reports DeepSeek vs OpenAI: How China’s AI giant is outpacing the ChatGPT?
Chinese AI research lab, has introduced an advanced AI model, DeepSeek-R1, which is reported to rival leading AI systems from global giants such as OpenAI. The company claims that its model outperforms competitors in areas including mathematical reasoning, code generation, and cost efficiency. The release of this model signals a potential shift in the global AI landscape, where DeepSeek is emerging as a serious competitor, as reported by Wired.
27.01 / 04:05
markets Digital Strategy Experts PAM stage social 'We don't have oil': Finfluencer warns that India can't become rich by turning huge youth population into reel-making freeloaders
Raghuram Rajan, former Reserve Bank of India governor, have raised concerns about the country’s strategy for economic growth, emphasising the urgent need for investment in education and human capital development.
27.01 / 02:29
markets COST Maxim Racing trends International Mint Quick Edit | An AI race shake-up spells an opportunity for India
Subscribe to enjoy similar stories. DeepSeek-V3, a large language model (LLM) for artificial intelligence (AI) launched by a Chinese startup, has startled the world. Its owner claims it cost under $6 million, a fraction of what American LLMs took to create.
27.01 / 00:19
COST UPS Manufacturing Strategy Trade President country Mint Primer | How will Make in America impact India?
Subscribe to enjoy similar stories. US President Donald Trump’s manufacturing push is a wake-up call for countries vying to be the next China. They need to get working.
26.01 / 23:23
UPS Provident CEO Research Features Chinese AI applications now have bigger aims — they're looking beyond chatbots
BEIJING — A slew of releases last week demonstrate how Chinese companies such as DeepSeek and ByteDance have moved quickly with artificial intelligence models that compete with OpenAI's ChatGPT.

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