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China’s DeepSeek releases upgraded R1 AI model in OpenAI competition newsthirst.

Deepseek’s logo on Jan. 29, 2025. Andrey Rudakov | Bloomberg | Getty Images Chinese startup DeepSeek, which caused shockwaves across markets this year, quietly released an upgraded version of its artificial intelligence reasoning model. The company did not make an official announcement, but the upgrade of DeepSeek R1 was released on AI model repository Hugging…

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China’s industrial profits rise 3% in April after output beat estimates despite U.S. tariffs newsthirst.

An employee works on a vehicle crankshaft production line at a factory which produces engine parts in Binzhou, in eastern China’s Shandong province on March 14, 2025. Str | Afp | Getty Images China’s industrial profits rose in April from a year earlier, official data showed Tuesday, despite prohibitive U.S. tariffs and persistent deflationary pressures….

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China’s April retail sales growth of 5.1% misses expectations as consumption remains a worry newsthirst.

Citizens are shopping at a supermarket in Nanjing, East China’s Jiangsu province, on March 9, 2024.  Costfoto | Nurphoto | Getty Images China’s retail sales growth slowed in April, data from the National Bureau of Statistics showed Monday, signaling that consumption remains a worry for the world’s second-largest economy. Retail sales rose 5.1% from a…

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China’s factory activity drops to a near two-year low in April as trade tariffs bite newsthirst.

LIANYUNGANG, CHINA – APRIL 11, 2025 – A worker produces plush toys for sale to countries along the Belt and Road at a toy company’s production line in Lianyungang, Jiangsu province, China on April 11, 2025. Cfoto | Future Publishing | Getty Images China’s manufacturing activity fell more than expected to a near two-year low, sliding…

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Alibaba Qwen3 AI series — China’s latest open-source AI breakthrough newsthirst.

Qwen3 is Alibaba’s debut into so-called “hybrid reasoning models,” which it says combines traditional LLM capabilities with “advanced, dynamic reasoning.” Sopa Images | Lightrocket | Getty Images Alibaba released the next generation of its open-sourced large language models, Qwen3, on Tuesday — and experts are calling it yet another breakthrough in China’s booming open-source artificial…

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