US-China relations

Chinese AI models narrow gap with US, Businessweek says

China is quickly closing the artificial intelligence gap with the United States and, by some key measures, has already pulled ahead, Bloomberg Businessweek reported on October 15. Its main example is Moonshot's Kimi K3, released in July, which came close…

Xi urges Trump to formally oppose Taiwan independence

Chinese President Xi Jinping used his first White House summit with Donald Trump on Thursday to deliver his most explicit demand yet that the United States formally "oppose" Taiwan independence, escalating Beijing's pressure on a issue it considers its brightest…

Emerging-market stocks hit two-week high ahead of Trump UN address

Emerging-market equities and currencies climbed on Monday after the United States and China offered upbeat assessments of weekend talks held ahead of a planned summit between President Donald Trump and Chinese President Xi Jinping later this week. Falling oil prices…

US proposes AI incident alert system with China ahead of Trump-Xi summit

Treasury Secretary Scott Bessent announced Sunday that the United States has proposed a "notification mechanism" with China for artificial intelligence incidents that could affect national security, a move aimed at building transparency between the world's two leading AI powers ahead…

Asian stocks rise after Bessent calls China talks ‘very successful’

Asian stock markets mostly advanced Monday morning after U.S. Treasury Secretary Scott Bessent described weekend talks with Chinese Vice Premier He Lifeng in New York as "a very successful engagement," lifting investor sentiment ahead of a planned summit between President…

Bessent, He Lifeng open NYC talks ahead of Trump-Xi summit

US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng began talks Sunday at JPMorgan Chase's Manhattan headquarters, aiming to lay groundwork for a summit between President Donald Trump and Chinese President Xi Jinping scheduled for September 24 in…

People’s Daily warns of countermeasures over US AI theft claims

Mozilla published version 1.1 of its State of Open Source AI report on Monday, finding that the best Chinese open-weight AI models now lag leading U.S. closed models by roughly four months on capability benchmarks — and cost a fraction…

Chinese AI firms refused to meet US delegation over sanctions fears

China's artificial intelligence sector is moving away from the race to build ever-larger language models and toward the deployment and commercialization of AI agents, Bloomberg reported on Friday, citing a new industry report. The shift reflects a broader trend that…

DeepSeek launches V4.1 Flash, sending rival AI stocks tumbling

Chinese artificial intelligence startup DeepSeek on Thursday launched its V4.1 Flash model, a slimmed-down system the company says is designed for greater capability, faster inference, and higher throughput, according to Reuters. The release comes alongside steep price cuts that sent…

US firms’ confidence in China hits highest since 2021, AmCham survey finds

American companies operating in China are more optimistic about their business prospects than at any point in the past five years, as an easing of trade tensions and high-level diplomatic engagement between Washington and Beijing reshape the commercial landscape, according…

US accuses COSCO of spying with hidden gear on ships

Senior Trump administration officials on Tuesday accused Chinese state-owned shipping giant COSCO of using concealed signals intelligence equipment aboard its commercial vessels to intercept military communications near the coastlines of the United States and other nations, according to an exclusive…

China demands US prove AI oversight before talks

China has laid out preconditions for artificial intelligence negotiations with the United States, adopting a confrontational posture and accusing American AI company Anthropic of misconduct ahead of bilateral talks scheduled for September 2026. The move raises questions about whether the…

Humanoid robots smash Bolt’s sprint record at Beijing games

The second World Humanoid Robot Games wrapped up this week in Beijing after five days of competition that saw humanoid robots shatter human athletic records, including Usain Bolt's 100-meter sprint mark, while also catching fire, losing limbs, and crashing into…

Moonshot AI in revenue talks with Microsoft, Amazon, Google

China's Moonshot AI is negotiating revenue-sharing agreements with Microsoft, Amazon Amazon.com, Inc., and Alphabet's Google that would allow the U.S. cloud giants to host its Kimi K3 model, Reuters reported on Wednesday, citing three people familiar with the talks.

US tariff refunds reach Chinese firms as $100B in IEEPA duties returned

A wave of tariff refunds from U.S. Customs and Border Protection is reaching Chinese companies, with more than $38 million in combined rebates and accrued interest landing in the accounts of five listed mainland firms since early July. The payouts…

ByteDance bans staff from distilling US AI models

ByteDance founder Zhang Yiming has told employees the company will not use distillation — the practice of training AI models on the outputs of more advanced systems built by rivals — to advance its artificial intelligence capabilities, even if the…

Chinese optical stocks sink on reported US import ban

Shares of Chinese optical module makers fell sharply on Wednesday after Reuters reported that the Trump administration is drafting a ban on U.S. imports of new models of Chinese data center components, triggering a broad selloff across the sector.

China vows countermeasures over US AI distillation sanctions threat

China's Ministry of Commerce on Monday accused the United States of "AI hegemonism" and warned it would take "all necessary measures" to safeguard its interests if Washington follows through on threats to sanction Chinese artificial intelligence companies over allegations of…

US lifts some Hong Kong sanctions as ’emergency’ expires

The Trump administration allowed a national emergency declaration over Hong Kong to expire on July 14, partially unwinding sanctions imposed during the president's first term in 2020, though the move falls short of restoring the territory's special autonomous status in…

US restores Hong Kong’s special trade status as 2020 order lapses

The United States will restore Hong Kong's special trading status after Washington declined to renew the executive order that had stripped the city of preferential treatment six years ago, China's Commerce Ministry said on Friday.

Xi calls AI a ‘symphony,’ not a ‘solo’ at Shanghai conference

Chinese President Xi Jinping made his first-ever appearance at the World Artificial Intelligence Conference in Shanghai on Thursday, delivering a keynote address that called for international AI cooperation and warned against any single country dominating the technology.

Nvidia’s Huang calls China a top tech hub at Beijing expo

Nvidia CEO Jensen Huang delivered a video address at the opening ceremony of the fourth China International Supply Chain Expo in Beijing on Monday, describing China as "one of the world's great centers of technology and industry" and praising the…

Musk and Z.ai founder clash over China’s AI timeline

Elon Musk and Jie Tang, co-founder of Chinese AI lab Z.ai (formerly Zhipu AI), clashed publicly on X this week over how quickly China will produce an AI model rivaling Anthropic's Fable 5, with Musk predicting early 2027 and Tang…

Bessent confirms trade, investment board talks as Trump-Xi summit opens

Treasury Secretary Scott Bessent confirmed on Thursday that U.S. and Chinese officials are actively discussing the creation of a "Board of Trade" to oversee bilateral commerce and a separate "Board of Investment" to address Chinese investment in non-sensitive sectors of…