China’s officials regulating artificial intelligence (AI) met with executives from Nvidia, the California-based maker of the world’s most powerful AI chips, and charged that its H20 chips designed for Chinese customers threaten the country’s national security.
China’s manufacturing output contracted more than expected last month, according to the country’s official Manufacturing Purchasing Managers Index (PMI).
Chinese exports once destined for the U.S. might well be rerouted to Europe, which has not put up stiff tariffs as the U.S. has done to discourage the shipments.
China's AI companies have announced two new alliances designed to create a domestic technological ecosystem for AI development and deployment to cut the country’s dependence on foreign suppliers.
In China, manufacturers’ profits declined again in June as the country’s deflation continued and consumer demand remained feeble, the U.S.-China trade agreement remained unsettled, and the global economy remained generally uncertain, the country’s National Bureau of Statistics (NBS) reported.
China’s rise to become a contender as the global power in AI has been built on the same strategy that it has used to take the lead in solar panel technology and electric vehicles: strategically targeted government funding.
Forty-two percent of U.S. businesses operating in China are being impacted by overcapacity as China’s domestic economy continues to deflate amid ongoing price wars, a survey by the U.S.-China Business Council found.
In June, the prices China’s factories charge for their products fell the most in two years as the U.S.-China trade war continues and domestic competitors are locked in a vicious price war to hold their shares of a shrinking market.
China’s factory production rose 5.8 percent in May from a year earlier, down from 6.1 in April and marking its weakest performance so far in 2025, the National Bureau of Statistics reported.
MiniMax, yet another Chinese AI developer, says its new, open-source MiniMax-M1 model, is more efficient than closed-source Chinese competitors and also bests DeepSeek's latest R1-0528 model in several standard tests.