China is suffering from deflation, devaluation, capital flight and the loss of foreign investment — all at the same time. Unprecedented, far worse than "Japanification."
DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 million to create it.
Donald Trump’s second term in office is getting off to a good start for China.
DeepSeek’s latest models, created by a small company with limited resources, are already beating many of the leading AI models in the United States.
DAVOS, Switzerland -- Chinese Vice-Premier Ding Xuexiang on Tuesday delivered a special address at the World Economic Forum Annual Meeting 2025 in Davos, Switzerland. The following is the full text of the speech entitled "Keeping to the Right Path of Multilateralism and Promoting Open and Inclusive Development":
China is not seeking a trade surplus and is willing to import more competitive and high-quality products and services to balance trade, Ding Xuexiang, the country's vice premier, said on Tuesday.
People shop for Spring Festival ornaments and decorations at a market in Nanjing, East China's Jiangsu Province on January 25, 2025. The 2025 Spring Festival will fall on January
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It’s become something of a cliché for delegates at the World Economic Forum’s annual meeting to quiz each other about “the mood in Davos”. The nearly 3,000 political leaders, executives, financiers, and policymakers who descended on the Swiss mountain resort last week offered differing answers to that theme.
At the World Economic Forum 2025, leaders tackled major global issues, including AI regulation, environmental initiatives, and regional integration. Highlights included Africa's launch of a massive forest reserve,
Meta, Nvidia, and other tech giants react to DeepSeek's competitive, cost-efficient models that challenge established market players.