The AI-building boom increased China’s exports more than expected last month, the country’s official purchasing managers index (PMI) showed.
Tag: China
Post
CHINA IS THE IRAN WAR’S BIG WINNER, STUDY SAYS
China’s combination of large fuel stockpiles and widespread renewable energy installations allowed it to weather the energy price shock of the Iran War better than other Asian nations, a new study found.
Post
SPOTLIGHT: CHINA RESHAPES THE GLOBAL AUTO INDUSTRY
Through much of the 20th Century, American companies dominated technological innovation. Then, in the 1980s, U.S. firms began migrating their production to China where labor was cheap, eager, and plentiful.
Post
SPOTLIGHT: CHINA’S TWO DIVERGING ECONOMIES
Beijing continues to believe that an industrial machine turning out “new productive forces” such as AI equipment, biotech machines, EVs, and solar panels will bring the domestic economy back to life.
Post
SPOTLIGHT: HOW CHINA DOMINATES THE GLOBAL TECH ECONOMY
As it has in other fields such as batteries and minerals, China has made itself an essential link in AI’s global supply chain.
Post
SPOTLIGHT ON CHINA’S ECONOMY: STRONG ABROAD, STILL WEAK AT HOME
With nations slapping tariffs on Chinese imports and domestic demand still weak, China’s manufacturers are exporting not just their products but also themselves around the world.
Post
USE OF CHINA’S CURRENCY SETS RECORD IN GLOBAL TRADE
In March, the average daily value of cross-border transactions conducted in China’s renminbi currency rose to a record, the equivalent of $135.7 billion, Chinese state media said.
Post
CHINA, RUSSIA STAND OPPOSED TO U.S.’S NEW PRESSURE CAMPAIGN ON CUBA
The U.S. unsealed an indictment last week that charged 94-year-old Raúl Castro, the former Cuban president, with murder as Washington intensified its pressure campaign against Havana over, in part, national security concerns that the island has been sharing intelligence with Russia and China.
Post
CHINA LEADS WEST IN AI VIDEO GENERATION
Western AI labs such as Anthropic and OpenAI lead the world in large language model AIs and coding apps, but ByteDance, Kuaishou, and other Chinese companies are turning out video-generating apps that outperform any made in the West in quality and usefulness, those in the industry told the Financial Times.
Post
DEEPSEEK DESIGNS NEW AI TO RUN ON CHINESE CHIPS
In a significant advance for China’s semiconductor industry, AI lab DeepSeek has designed its newest model to use inference chips made by Huawei, the country’s primary chip producer.