Tag #China

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smh.com.au

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Jan 28, 04:09

Australian Market Up Despite US Tech Stock Plunge on Chinese AI Unveiling

The Australian share market saw a slight rise of 0.1 percent on Tuesday to 8,413.9 points despite a significant overnight fall in US tech stocks due to a new Chinese AI model, DeepSeek, that could compete with US giants at a potentially lower cost, causing losses across various sectors including ene...

Australian Market Up Despite US Tech Stock Plunge on Chinese AI Unveiling

The Australian share market saw a slight rise of 0.1 percent on Tuesday to 8,413.9 points despite a significant overnight fall in US tech stocks due to a new Chinese AI model, DeepSeek, that could compete with US giants at a potentially lower cost, causing losses across various sectors including ene...

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What was the immediate impact on the Australian share market following the overnight drop in US tech stocks due to the unveiling of a powerful Chinese AI language model?

The Australian share market experienced a slight increase of 0.1 percent on Tuesday, reaching 8,413.9 points, despite a significant drop in US tech stocks overnight. This fluctuation was primarily due to concerns surrounding a new Chinese AI model that could compete with US giants at a lower cost. The energy and tech sectors in Australia were negatively impacted, with real estate investment trusts experiencing the most substantial losses.

cnbc.com

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Jan 28, 04:09

DeepSeek's Low-Cost AI Model Triggers Nvidia Stock Plunge

DeepSeek's release of a low-cost, open-source large language model on Monday triggered a 17% drop in Nvidia's stock price and a broader tech sell-off, fueled by concerns over increased competition in the AI market and a potential shift in the US-China AI race.

DeepSeek's Low-Cost AI Model Triggers Nvidia Stock Plunge

DeepSeek's release of a low-cost, open-source large language model on Monday triggered a 17% drop in Nvidia's stock price and a broader tech sell-off, fueled by concerns over increased competition in the AI market and a potential shift in the US-China AI race.

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What is the immediate impact of DeepSeek's low-cost AI model release on the AI chip market and investor sentiment?

DeepSeek, a Chinese AI startup, released a low-cost large language model, causing a 17% drop in Nvidia's shares and a broader tech sell-off on Monday. This fueled concerns about cheaper AI model development using less powerful chips, impacting Nvidia's dominance in the AI chip market.

taz.de

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Jan 28, 22:12

Chinese AI DeepSeek-R1 Challenges US Tech Dominance

DeepSeek, a Chinese company, created DeepSeek-R1, a competitive AI model without using US-made high-performance chips, challenging the notion of US chip dependence in AI development and impacting global tech market valuations.

Chinese AI DeepSeek-R1 Challenges US Tech Dominance

DeepSeek, a Chinese company, created DeepSeek-R1, a competitive AI model without using US-made high-performance chips, challenging the notion of US chip dependence in AI development and impacting global tech market valuations.

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Industry, Innovation, and Infrastructure

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What are the broader implications of DeepSeek's success for international competition in AI development and the future of AI regulation?

DeepSeek's success demonstrates that China, the EU, and Germany remain competitive in AI development, despite the significant capital US companies can mobilize. This counters the narrative of US dominance in AI, impacting global tech market dynamics and political relations.

theglobeandmail.com

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Jan 28, 07:10

Trump: Microsoft Among Bidders for TikTok

President Trump stated on Monday that Microsoft is among the companies interested in acquiring TikTok, extending the deadline for a deal to April 4th to avoid a potential US ban. This follows earlier failed bids and involves ongoing national security concerns regarding the app's Chinese ownership.

Trump: Microsoft Among Bidders for TikTok

President Trump stated on Monday that Microsoft is among the companies interested in acquiring TikTok, extending the deadline for a deal to April 4th to avoid a potential US ban. This follows earlier failed bids and involves ongoing national security concerns regarding the app's Chinese ownership.

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What are the potential long-term impacts of this situation on the technology industry and US-China relations?

The potential sale of TikTok's U.S. operations carries significant implications for both the technology industry and international relations. The outcome will influence the future of data privacy, cross-border technology regulation, and the broader geopolitical dynamics between the U.S. and China. A successful sale could set a precedent for handling similar future national security concerns in the tech industry.

dw.com

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Jan 28, 19:13

US Raises Concerns Over China's Influence on Panama Canal

US Secretary of State Marco Rubio's upcoming visit to Panama will address President Trump's concerns about China's growing influence over the Panama Canal and its ports, including the operation of two major ports by a Hong Kong-based company and alleged Chinese control over a key advisory assembly.

US Raises Concerns Over China's Influence on Panama Canal

US Secretary of State Marco Rubio's upcoming visit to Panama will address President Trump's concerns about China's growing influence over the Panama Canal and its ports, including the operation of two major ports by a Hong Kong-based company and alleged Chinese control over a key advisory assembly.

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Responsible Consumption and Production

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How does China's increased global port presence, particularly in the Caribbean and Latin America, contribute to its economic and geopolitical influence?

China's involvement extends beyond the Panama Canal, encompassing global port operations—a network of 95 ports worldwide, including six of the ten largest. This expansion, exceeding 60 percent growth in the last 20 years, raises concerns about China's strategic objectives. This presence includes key Caribbean ports such as Freeport (Bahamas) and Kingston (Jamaica).

faz.net

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Jan 28, 13:10

Deepseek's Cheap AI Model Shakes Up Global Markets

Deepseek's new AI model, trained on limited Nvidia chips for under \$6 million, caused a major market reaction on Monday, with the Dax initially dropping 1.5 percent before partially recovering. Nvidia's stock plummeted, losing \$589 billion in market value, the largest single-day loss ever for a US...

Deepseek's Cheap AI Model Shakes Up Global Markets

Deepseek's new AI model, trained on limited Nvidia chips for under \$6 million, caused a major market reaction on Monday, with the Dax initially dropping 1.5 percent before partially recovering. Nvidia's stock plummeted, losing \$589 billion in market value, the largest single-day loss ever for a US...

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How did the initial negative market reaction to Deepseek's AI model evolve, and what factors contributed to this change?

The unexpected efficiency of Deepseek's AI model challenged market assumptions about the computational resources needed for AI development. This revelation led to a sell-off in Nvidia stock, as the reduced demand for their high-performance chips had a ripple effect across the tech sector. This highlights the evolving dynamics within the AI industry and potential shifts in the technological landscape.

usa.chinadaily.com.cn

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Jan 28, 04:09

China Sets Ambitious 2025 Growth Targets Amidst Economic Resilience

China's provincial "two sessions" meetings set 2025 GDP growth targets around 5 percent or higher, driven by domestic consumption, investment, technological innovation, and expanded opening-up, exceeding 2024's 5 percent growth and signaling strong economic resilience despite external pressures.

China Sets Ambitious 2025 Growth Targets Amidst Economic Resilience

China's provincial "two sessions" meetings set 2025 GDP growth targets around 5 percent or higher, driven by domestic consumption, investment, technological innovation, and expanded opening-up, exceeding 2024's 5 percent growth and signaling strong economic resilience despite external pressures.

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Decent Work and Economic Growth

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What are the key economic growth targets set by Chinese provinces for 2025, and what do they reveal about the nation's economic outlook?

China's provincial-level "two sessions" meetings have set 2025 GDP growth targets at or above 5 percent, indicating strong economic resilience and exceeding the 2024 target of 5 percent year-on-year growth. Guangdong, with a GDP exceeding that of South Korea, aims for around 5 percent growth, while Jiangsu projects over 5 percent growth focused on structural optimization and industrial upgrades.

theguardian.com

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Jan 28, 22:12

Canada Inquiry: No Evidence Foreign Interference Altered Election Outcomes

A Canadian inquiry found no evidence that foreign interference changed the outcome of the last two elections, despite some questionable conduct by parliamentarians, and recommended steps to strengthen democratic institutions and better inform the public about threats.

Canada Inquiry: No Evidence Foreign Interference Altered Election Outcomes

A Canadian inquiry found no evidence that foreign interference changed the outcome of the last two elections, despite some questionable conduct by parliamentarians, and recommended steps to strengthen democratic institutions and better inform the public about threats.

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Peace, Justice, and Strong Institutions

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What specific actions are recommended to strengthen Canada's defenses against foreign interference in future elections?

A landmark report in Canada found no evidence that foreign interference changed the outcome of the last two elections, despite some parliamentarians exhibiting questionable ethics. The report recommends improved safeguards for democratic institutions and enhanced public awareness of foreign interference threats.

foxnews.com

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Jan 28, 19:13

Nationwide Toll Road Text Scam Uses Fake Websites to Steal Money

A nationwide toll road scam uses text messages to trick victims into revealing payment card details and passwords on fake websites; Chinese smishing groups sell the sophisticated phishing kits used.

Nationwide Toll Road Text Scam Uses Fake Websites to Steal Money

A nationwide toll road scam uses text messages to trick victims into revealing payment card details and passwords on fake websites; Chinese smishing groups sell the sophisticated phishing kits used.

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What are the immediate impacts of this sophisticated toll road scam on US residents, and what is the scale of its financial consequences?

A new toll road scam is targeting US residents via text messages, falsely claiming unpaid tolls and fines to steal financial information and passwords. Scammers use sophisticated phishing kits, easily spoofing legitimate operators like E-ZPass and SunPass, directing victims to fake websites for payment details.

elmundo.es

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Jan 28, 19:13

DeepSeek R1: China's Low-Cost AI Model Challenges US Dominance

Sam Altman of OpenAI praised China's DeepSeek R1 AI model for its low training costs, prompting reactions from Donald Trump and other tech leaders, highlighting a potential shift in global AI leadership and impacting future development strategies.

DeepSeek R1: China's Low-Cost AI Model Challenges US Dominance

Sam Altman of OpenAI praised China's DeepSeek R1 AI model for its low training costs, prompting reactions from Donald Trump and other tech leaders, highlighting a potential shift in global AI leadership and impacting future development strategies.

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Industry, Innovation, and Infrastructure

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What are the immediate implications of DeepSeek R1's lower training costs and superior performance for the global AI market?

Sam Altman of OpenAI acknowledged the impressive advancement of China's DeepSeek R1 AI model, highlighting its significantly lower training costs compared to OpenAI's models. Despite this, Altman expressed confidence in OpenAI's ability to maintain competitiveness and plans to launch superior models.

politico.eu

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Jan 28, 13:10

EU Suppliers Demand Local Content Rules to Counter Chinese EV Competition

Facing a slump in EV demand and competition from China, a coalition of European automotive suppliers is urging the EU to implement "minimum local content" rules, similar to the USMCA's 75 percent requirement, to safeguard jobs and the industry's future, though this is opposed by some.

EU Suppliers Demand Local Content Rules to Counter Chinese EV Competition

Facing a slump in EV demand and competition from China, a coalition of European automotive suppliers is urging the EU to implement "minimum local content" rules, similar to the USMCA's 75 percent requirement, to safeguard jobs and the industry's future, though this is opposed by some.

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What immediate impact would implementing minimum local content rules have on the European automotive industry and its workforce?

A coalition of major European automotive suppliers is urging the EU to impose "minimum local content" rules, mirroring the USMCA's 75 percent requirement, to counter the influx of Chinese electric vehicles (EVs) and protect the industry from potential job losses. This follows a slump in EV demand and concerns about a global tariff war.

china.org.cn

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Jan 28, 13:10

China Sets Ambitious 2025 Growth Targets Amidst Global Economic Uncertainty

China's provincial "two sessions" meetings set 2025 GDP growth targets around 5 percent or higher, reflecting economic resilience and a focus on high-quality development via domestic consumption, technological innovation, and increased opening up to foreign investment.

China Sets Ambitious 2025 Growth Targets Amidst Global Economic Uncertainty

China's provincial "two sessions" meetings set 2025 GDP growth targets around 5 percent or higher, reflecting economic resilience and a focus on high-quality development via domestic consumption, technological innovation, and increased opening up to foreign investment.

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Decent Work and Economic Growth

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How are local governments addressing potential risks from fluctuating external demand and promoting sustainable economic growth?

This positive outlook reflects China's focus on high-quality development, balancing quantity with quality improvements in production and technological innovation. Key strategies include expanding domestic consumption (e.g., upgrading consumer goods), attracting foreign investment, and developing emerging sectors like robotics and bio-manufacturing.

Showing 2,221 to 2,232 of 4,661 results