Page 79 - China

Trump's tariffs on Canada, Mexico, China could mean higher inflation

New trade penalties against Canada, Mexico and China that President Donald Trump plans to impose Saturday represent an aggressive early move against America's three largest trading partners, but at the risk of higher inflation and possible disruptions to the global economy. In Trump's view, the 25 per cent tariffs against the two North American allies and a 10 per cent tax on imports from Washington's chief economic rival are a way for the United States to throw around its financial heft to reshape the world. You see the power of the tariff, Trump told reporters Friday. Nobody can compete with us because we have by far the biggest piggy bank. The Republican president is making a major political bet that his actions will not worsen inflation, cause financial aftershocks that could destabilise the worldwide economy or provoke a voter backlash. AP VoteCast, an extensive survey of the electorate in last year's election, found that the US was split on support for tariffs. It is possible

Taiwan detects one Chinese aircraft, six naval vessels near its territory

On Friday, Taiwan MND detected seven Chinese aircraft and five naval vessels in its territory around the island

Eco Survey primer: Dragon's growing shadow, sowing seeds of success, more

Quoting the Chinese proverb, "May we live in interesting times!" the Survey noted that it is especially relevant in today's turbulent world

Taiwan's MND detects 7 Chinese aircraft, 5 vessels around its territory

Five of the aircraft crossed the median line and entered Taiwan's northern and Southwestern Air Defense Identification Zone (ADIZ)

DeepSeek's AI restricted by 'hundreds' of companies amid concerns over leak

Chief among those worries is the fact that DeepSeek states in its own privacy terms that it collects and stores data in servers in China

India, China agree on better ties, but border tensions still persist

The language and tenor of the statements issued by both countries suggest a new cordiality five years after incursions by China along the Line of Actual Control in Ladakh

China's big EV push into Europe fizzles out on EU tariffs and slowdown

Brands led by SAIC Motor Corp.'s MG registered 3.5 per cent fewer EVs in the region for all of 2024, according to data from automotive researcher Dataforce

DeepSeek AI on India's radar: Govt watches for data flow, privacy risks

India is closely monitoring DeepSeek AI for potential data privacy risks. With concerns over data flow and storage in China, the government is ready to act if violations are found

Alibaba unveils Qwen 2.5 AI model, claims it outperforms DeepSeek-V3

Qwen 2.5-Max outperforms almost across the board GPT-4o, DeepSeek-V3 and Llama-3.1-405B," Alibaba's cloud unit said

Nvidia faces challenge as Chinese rival raises doubts on Wall Street star

The superstar run for Nvidia's stock the last few years has been astonishing. So was its tumble Monday, which caused USD 595 billion in wealth to vanish. That's about as much as PepsiCo, McDonalds, Starbucks and Target are worth, combined. Mostly known only in gaming and crypto circles a few years ago, Nvidia burst into the zeitgeist after seeing its sales surge because customers wanted its chips to train their chatbots and other artificial intelligence products. Nvidia became a household name as its stock more than tripled in 2023 and then more than doubled in 2024. Investors and analysts lauded CEO Jensen Huang as the Godfather of AI. Nvidia grew into a USD 3 trillion-plus behemoth and traded places with titans like Apple to become the most valuable company on Wall Street. But that all came to a screeching halt Monday, at least for a moment, after a Chinese upstart called DeepSeek said it had developed a large-language model that could perform like ChatGPT and other US rivals, but

MEA rejects Canada's 'interference' claim, accuses Trudeau govt of meddling

The Ministry of External Affairs has outrightly rejected these claims, countering that Canada has been persistently interfering in India's internal affairs

Good or bad: DeepSeek's ripple effect set to impact Indian IT industry

While DeepSeek's achievement democratises AI with its open-source model, these are early days to gauge its impact on the enterprise IT ecosystem, say industry experts

DeepSeek AI to fighter jets: How China is one-upping western dominance

With groundbreaking advancements in artificial intelligence (AI) and cutting-edge military technology, the Asian giant is challenging long-standing Western dominance in innovation and defence

DeepSeek's new AI chatbot censors answers on sensitive Chinese topics

Chinese tech startup DeepSeek's new artificial intelligence chatbot has sparked discussions about the competition between China and the US in AI development, with many users flocking to test the rival of OpenAI's ChatGPT. DeepSeek's AI assistant became the No. 1 downloaded free app on Apple's iPhone store on Tuesday afternoon and its launch made Wall Street tech superstars' stocks tumble. Observers are eager to see whether the Chinese company has matched America's leading AI companies at a fraction of the cost. The chatbot's ultimate impact on the AI industry is still unclear, but it appears to censor answers on sensitive Chinese topics, a practice commonly seen on China's internet. In 2023, China issued regulations requiring companies to conduct a security review and obtain approvals before their products can be publicly launched. Here are some answers The Associated Press received from DeepSeek's new chatbot and ChatGPT: What does Winnie the Pooh mean in China? For many Chinese

Oil prices hover near two-week low, weak China data adds to demand concerns

Brent crude oil futures were up by 35 cents, or 0.45 per cent, to $77.43 per barrel by 0930 GMT. US West Texas Intermediate crude futures were up 30 cents, or 0.41 per cent, to $73.47

Disruptive China's AI DeepSeek most downloaded app on Apple iOS in India

Chinese AI DeepSeek was far behind in the download rank at 102 on January 25

China flags handling differences, maintaining ties in talks with Misri

China said it stressed on properly handling differences, and promotion of India-China relations on a stable track in the just concluded talks with Foreign Secretary Vikram Misri while highlighting decisions to resume Kailash Mansarovar Yatra and direct flights. Foreign Secretary Vikram Misri who arrived here on Sunday for a two-day visit held talks with Chinese Foreign Minister Sun Weidong on Monday to stabilise and rebuild relations stalled for over four years due to the military standoff at Eastern Ladakh. Misri was the former Ambassador to Beijing, while Sun was the former envoy to Delhi. The External Affairs Ministry issued a press release on Monday stating that the two sides reviewed the state of India-China bilateral relations comprehensively and agreed to take certain people-centric steps to stabilise and rebuild ties. In its readout in Mandarin issued on early Tuesday, the Chinese Foreign Ministry said the dialogue focussed on promoting the implementation of the important .

Trump vows tariffs on nations that 'harm' US; names India, China, Brazil

The United States will impose tariffs on the countries that "harm" America, President Donald Trump has said, as he named China, India and Brazil as high-tariff countries. We're going to put tariffs on outside countries and outside people that really mean harm to us. Well, they mean us harm, but they basically want to make their country good, Trump told House Republicans at a Florida retreat on Monday, the first after he became the president for the second term last week. Look at what others do. China is a tremendous tariff maker, and India and Brazil and so many other countries. So we're not going to let that happen any longer because we're going to put America first, he said. He said that the US will establish a "very fair system where money is going to come into our coffers and America is going to be very rich again", adding that it will happen "very quickly". Trump underscored that it was time for the US to return to the system that made it "richer and more powerful than ever ..

Tesla investors hope affordable EV model will revive sales after dull 2024

Analysts expect Tesla to sell 2.1 million cars this year, up about 16 per cent, according to 20 analysts polled by LSEG, after its deliveries last year fell marginally, due to an aging model lineup

AIonOS, Indosat collaborate on DeepSeek to drive Indonesia's AI journey

Tech veteran CP Gurnani's AI venture AIonOS on Monday signed a pact with Indonesian telecom major Indosat Ooredoo Hutchison to develop solutions on Chinese open-source AI research lab DeepSeek. The collaboration aims to leverage AI for advancing Indonesia's Food Security, Talent Development, and Tourism, and contribute towards achieving the Golden Indonesia Vision 2045, a company statement said. The partnership will work towards developing solutions with a focus on travel and hospitality use cases, among others, AIonOS co-founder and CEO Gurnani told reporters here. The solutions will be modelled on DeepSeek, he said, adding that it looks like a "promising piece of technology" and that the Indonesian government is very keen to leverage the effectiveness of DeepSeek. China-based DeepSeek recently launched its open-source AI model, DeepSeek-R1, which claims to rival major players like OpenAI in capabilities such as mathematical reasoning and code generation. This development is seen