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China’s industrial profits drop 0.3% at start of the year as tariff risks loom newsthirst.

YICHUN, CHINA – FEBRUARY 06: Mechanical arms work on the production line of electronic products for new-energy vehicles in an intelligent workshop at a factory in the high-tech industrial park on February 6, 2025 in Fengcheng, Jiangxi Province of China.   Zhu Haipeng | Visual China Group | Getty Images China’s industrial profits fell 0.3% from…

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China’s artificial intelligence boom might help mitigate some tariff pain newsthirst.

Computer chip with Chinese flag, 3d conceptual illustration. Steven Mcdowell/science Photo Library | Science Photo Library | Getty Images BEIJING — For Chinese companies wary of U.S. tariffs, the big difference between President Donald Trump’s first and second terms is the emergence of generative artificial intelligence. Chinese companies are hard at work. Nearly every day…

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Baidu, once China’s generative AI leader, is battling to regain its position newsthirst.

Baidu has launched a slew of AI applications after its Ernie chatbot received public approval. Sopa Images | Lightrocket | Getty Images Chinese tech giant Baidu has released two new artificial intelligence models as it vies to regain its leading position in the country’s fiercely competitive AI space.  The Baidu models launched Sunday included the…

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China’s ‘Netflix’ iQiyi to open theme park with VR based on its shows newsthirst.

Chinese videostreaming company iQiyi announced March 13, 2025, it will open a theme park later in the year in Yangzhou, Jiangsu province. iQIYI BEIJING — Chinese videostreaming platform iQiyi announced Thursday it plans later this year to open its first full-fledged theme park in China based on characters from its own shows. The forthcoming “iQiyi…

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Schneider Electric hails the significance of China’s ‘DeepSeek moment’ newsthirst.

China’s so-called “DeepSeek moment” is likely to be good news in the global race to develop artificial intelligence models that can carry out more complex tasks, according to Jean-Pascal Tricoire, chairman of French power-equipment maker Schneider Electric. “I actually think its good news. We need AI at every level,” Tricoire told CNBC’s Steve Sedgwick at…

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China’s Oppo taps Google for privacy AI push, taking page from Apple newsthirst.

Oppo is the sixth-largest smartphone maker in China, according to Counterpoint Research. Nurphoto | Nurphoto | Getty Images BARCELONA — Chinese smartphone firm Oppo is taking a page out of Apple’s playbook with the launch of a private cloud computing system to keep users’ sensitive conversations separate from its own artificial intelligence products. The company…

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China’s factory activity growth hits 3-month high in February, as millions return to work after holidays newsthirst.

Workers weld acid batteries at the Leoch International Technology Ltd. factory in Saltillo, Coahuila, Mexico, on Monday, Oct. 7, 2024.  Mauricio Palos | Bloomberg | Getty Images China’s factory activity expanded at its fastest pace in three months to 50.8 in February, a private-sector survey showed on Monday, as millions of migrant workers returned to…

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