A Tesla showroom with its logo and electric vehicles on display, including the Model 3 and Model Y, is seen on January 12, 2025, in Chongqing, China. Cheng Xin | Getty Images Electric car companies in China welcomed the Year of the Snake with a slew of incentives for consumers, after major automakers reported a…
Huawei launched the Mate 70 series in an event in Shenzhen on November 26, 2024. The phones are the first capable of running Huawei’s new operating system called HarmonyOS NEXT. Huawei BEIJING — Chinese telecommunications and smartphone giant Huawei continues to grow and take market share from Apple, despite U.S. restricting the company’s access to…
Nikita Yadav BBC News, Delhi BBC Shein has been relaunched in India by Reliance Retail Chinese fast fashion app Shein has relaunched in India five years after it was banned by Delhi, under a deal with Indian firm Reliance Retail. An official from Reliance Retail, who did not wish to be named, told the BBC…
João da Silva & Graham Fraser Business & technology reporters Getty Images The maker of ChatGPT, OpenAI, has complained that rivals, including those in China, are using its work to make rapid advances in developing their own artificial intelligence (AI) tools. The status of OpenAI – and other US firms – as the world leaders…
Chinese travelers are canceling plans to visit Thailand during the Lunar New Year holiday, as concerns over the kidnapping of actor Wang Xing continue to reverberate through the country. Net booking volume for trips to Thailand fell 15.6% from Jan. 13 to Jan. 20 from the previous week, after news of the rescue of Wang…
A young Chinese AI startup, DeepSeek, sparked a massive rout in U.S. technology stocks Monday as its highly competitive — and potentially shockingly cost-effective — models stoked doubts about the hundreds of billions of dollars that America’s biggest tech companies are spending on artificial intelligence. DeepSeek’s emergence is shaking up investor confidence in the AI…
Chinese artificial intelligence (AI) app DeepSeek has overtaken ChatGPT and other rivals to become the top-rated free application on Apple’s App Store in the US, UK and China. The app has surged in popularity since its launch in January, challenging the widely-held belief that America is the untouchable leader of the AI industry. It is…
President Trump said on Tuesday that he intended to impose a 10 percent tariff on Chinese imports into the United States on Feb. 1, a decision that is sure to escalate trade tensions between the world’s largest economies. Speaking at the White House, Mr. Trump said that the tariffs were in response to China’s role…
Cho Tak Wong, the chairman of auto glass giant Fuyao Glass, bought the vacant General Motors manufacturing plant in Moraine, Ohio in 2014. The Washington Post | The Washington Post | Getty Images Chinese investments in the U.S. have dramatically declined since Donald Trump’s first term. This trend is unlikely to reverse as Trump returns…
China is sending Vice-President Han Zheng to US President-elect Donald Trump’s inauguration on Monday – the first time a senior Chinese leader will witness a US president being sworn in. Trump had invited Chinese President Xi Jinping, among other leaders – a break with tradition given foreign leaders traditionally do not attend US presidential inaugurations….
