China said it is assessing the possibility of trade talks with the US, the first sign since Donald Trump hiked tariffs last month that negotiations could begin between the two sides. China’s Commerce Ministry said in a Friday statement that it had noted senior U.S. officials repeatedly expressing their willingness to talk to Beijing about…
Coreline Soft announces first China partnership South Korean medical AI company Coreline Soft has entered into its first partnership in China. It signed a memorandum of understanding with Suhai Information Technology, which reportedly runs a network of medical institutions in China. Coreline Soft will tap into this network to collect clinical data, which will help tailor its AI…
By Tobi Awodipe Jinping slams U.S. with 84%, Trump ups China’s rate to 125%, pauses tariff for other countries Less than 24 hours after United States President Donald Trump signed off on a last-minute amendment hiking duties on imports from China, Beijing responded by slapping steep new tariffs of its own. The European Union (EU) joined the fight by…
Former United States Secretary of Treasury, Lawrence Summers, has warned that the nation is headed for serious financial crisis wholly induced by US government tariff policy. Summers noted that the long-term interest rates are gapping up, even as the stock market moves sharply downwards – a development he described as a highly unusual pattern. According…
Valuation guru Aswath Damodaran has spelled out a warning of sorts for India’s growth story as the world, led by the US, takes a more protectionist turn. In his latest blog post, Damodaran said India will face many more hurdles in its path to achieve economic growth, unlike China which relatively had smoother sailing in…
Initiates legal process with WTO over Trump’s tariff China has initiated legal proceedings with the World Trade Organisation (WTO) over an additional 10% U.S. tariff on Chinese goods, the Commerce Ministry announced yesterday. The “unilateral imposition of tariffs by the United States violates WTO rules and undermines the foundation of China-US economic and trade…
(Bloomberg) — DeepSeek’s breakthrough in artificial intelligence is helping drive a rotation of stock funds back into China from India. Most Read from Bloomberg Hedge funds have been piling into Chinese equities at the fastest pace in months as bullishness on the DeepSeek-driven technology rally adds to hopes for more economic stimulus. In contrast, India…
Workers setting up the TuSimple booth for CES 2022 at the Las Vegas Convention Center on Jan. 3, 2022. Alex Wong | Getty Images News | Getty Images Embattled Chinese autonomous trucking company TuSimple has rebranded to CreateAI, focusing on video games and animation, the company announced Thursday. The news comes as GM folded its…
… Why Beijing and Moscow’s Partnership Will Be Hard to Break “The one thing you never want to happen is you never want Russia and China uniting. I’m going to have to un-unite them, and I think I can do that,” Donald Trump boasted in an interview with the political commentator Tucker Carlson in October….
… Rebuilding American Strength Will Take Buy-In at Home and Abroad—and From Trump Himself Predicting the incoming Trump administration’s China policy— and China’s likely response—is a guessing game. In his first term as president, Donald Trump’s transactional approach often differed from his team’s competitive approach. Those contrasting impulses will define his second term. But despite…
