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Chinese startup DeepSeek has launched advanced open-source AI models, outperforming competitors like OpenAI and Meta. This shift has prompted major players, including Baidu, to reconsider their strategies, with Baidu announcing plans to open-source its AI model and make its chatbot free. The developments signal a significant change in the AI landscape.
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High-level discussions between US and Russian officials commenced in Riyadh, aiming to address the ongoing conflict in Ukraine and restore bilateral relations. Ukrainian President Zelensky criticized the exclusion of Kyiv from negotiations, asserting that any agreements made without Ukraine's involvement are unacceptable. The talks signal a significant shift in US policy under President Trump.
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The U.S. has implemented new tariffs on imports from Canada, Mexico, and China, raising concerns about a potential trade war. Industry experts predict significant disruptions in the automotive sector, with higher vehicle prices and reduced production capacity. The tariffs are part of a broader strategy to reshape U.S. manufacturing and counter China's industrial ambitions.
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The US State Department's recent update on Taiwan relations, removing the phrase against supporting Taiwan independence, has sparked criticism from China. US lawmakers are pushing a bill to counter China's claims over Taiwan, reaffirming US support for the island's international participation.
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The Palace Museum in Beijing is ramping up restoration efforts of its vast collection as it marks its 100th anniversary. This initiative aligns with President Xi Jinping's cultural preservation agenda and includes plans for a new branch that could significantly increase displayed artifacts.
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Alibaba's Q4 earnings exceeded expectations, with revenue of 280.2 billion yuan and a profit surge of 239% to 48.9 billion yuan. The results reflect a strategic pivot towards AI and e-commerce, amid rising competition from domestic tech firms like DeepSeek.
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High-level talks between US and Russian officials in Riyadh mark a significant diplomatic shift, with both sides expressing cautious optimism about improving relations and addressing the ongoing conflict in Ukraine. The meeting follows recent overtures from the US towards Russia under President Trump.
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US and Russian officials are negotiating in Saudi Arabia to end the ongoing war in Ukraine, raising concerns in Europe and Ukraine about potential concessions to Russia. China has welcomed the talks, positioning itself to benefit from the geopolitical shifts. Discussions also include economic cooperation in the Arctic.
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On February 19, 2025, President Xi Jinping hosted a significant symposium with China's leading entrepreneurs, marking a pivotal moment for the private sector. This meeting, the first since 2018, signals a renewed governmental support for the tech industry, following years of regulatory crackdowns.
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A coordinated crackdown on scam centers in Southeast Asia has led to the repatriation of thousands of individuals, including over 600 Chinese and 84 Indonesians. Authorities in Thailand, Myanmar, and Cambodia are intensifying efforts to combat human trafficking and online fraud, with significant pressure from China to address the issue.
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In a recent meeting, President Xi Jinping expressed strong support for China's private sector, emphasizing its importance for economic growth. This marks a significant shift from previous regulatory crackdowns, aiming to restore confidence among entrepreneurs and attract foreign investment as the country faces economic challenges.
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As the Ukraine conflict continues, China and Russia reaffirm their partnership. Recent discussions between Xi Jinping and Vladimir Putin emphasize their strategic alliance, despite shifting dynamics with the U.S. The situation raises questions about the future of Ukraine's negotiations and the broader geopolitical landscape.
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Recent education reforms in Hong Kong and Beijing aim to address demographic shifts and enhance employability. Hong Kong's Education Bureau has introduced stricter rules for under-enrolled primary schools, while Beijing mandates AI education in schools, requiring at least eight hours of instruction annually. These changes reflect broader trends in education and demographic challenges.
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North Korea's Kim Yo-jong condemned the US for escalating military provocations, accusing it of continuing a hostile policy. This follows the USS Carl Vinson's recent visit to South Korea, which North Korea views as a threat. Analysts suggest this could lead to increased weapons testing by Pyongyang as tensions rise.
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As of March 2025, China's economy is grappling with deflation and a property slump, exacerbated by rising tariffs from the U.S. President Trump's recent tariff increase to 20% poses significant challenges for China's export growth and domestic consumption strategies. The National People's Congress is set to address these issues.
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As global tensions rise following the collapse of US-Ukraine talks and the expiration of the Gaza truce, China is poised to assert itself as a stabilizing force. Analysts anticipate significant insights from Foreign Minister Wang Yi's upcoming press conference regarding China's foreign policy direction amid the chaos of the Trump administration.
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On March 2, 2025, Pan Gongsheng, governor of the People's Bank of China, announced measures to keep financing costs low for private enterprises as long as inflation remains manageable. This commitment aligns with President Xi Jinping's recent support for the private sector, particularly in technology.
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The National People's Congress and the Chinese People's Political Consultative Conference commenced in Beijing, with Premier Li Qiang expected to announce a 5% economic growth target. The meetings come as China faces sluggish consumption, a property crisis, and escalating trade tensions with the U.S., including new tariffs on U.S. imports.
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Tensions between the US and China have intensified as both nations impose retaliatory tariffs on each other's goods. The US has raised tariffs on Chinese imports to 20%, prompting China to respond with tariffs on American agricultural products. The conflict is fueled by accusations surrounding the fentanyl crisis and broader trade issues.
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As Donald Trump intensifies tariffs on Chinese goods, analysts predict significant economic repercussions for China. While Trump’s approach may challenge Beijing in the short term, it could inadvertently aid China's long-term strategic goals, particularly under Xi Jinping's leadership. The evolving dynamics of US-China relations are under scrutiny as both nations navigate this turbulent period.
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During the National People's Congress, China set a GDP growth target of around 5% for 2025, despite economic challenges including a trade war with the U.S. and low consumer confidence. The government plans to boost spending and support households, but details remain vague.
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On March 6, 2025, tensions escalated between China and the US as both nations exchanged strong rhetoric regarding trade and military readiness. Chinese officials warned they are prepared to 'fight to the end' against US tariffs, while US Defense Secretary Pete Hegseth emphasized the need for military strength to deter potential conflicts.
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Chinese Foreign Minister Wang Yi criticized the U.S. for imposing tariffs while urging cooperation to address mutual issues like the fentanyl crisis. His remarks came amid escalating tensions following President Trump's renewed trade measures against China. Wang emphasized that China will counter any attempts to suppress its development.
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China's DeepSeek AI technology is rapidly transforming various sectors, from legal judgments to healthcare. Its endorsement by the government reflects a strategic push for technological advancement, positioning China as a competitor to the U.S. in AI. However, questions remain about the effectiveness and scalability of DeepSeek's applications amid rising demand.
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On March 15, 2025, the WeTech Academy was inaugurated in Hong Kong, aiming to enhance youth skills in technology and entrepreneurship. This initiative aligns with national goals to promote employment through innovation, particularly targeting high-unemployment groups like recent graduates. The program includes collaborations with schools and businesses to provide practical learning opportunities.
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During the National People's Congress, Chinese leaders emphasized technological innovation and economic growth amid ongoing challenges. President Xi Jinping highlighted the importance of AI and self-reliance, while addressing the need for reforms in various sectors, including education and manufacturing. The congress also discussed the impact of U.S.-China tensions on the tech landscape.
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DeepSeek, a Chinese AI startup, is gaining attention for its low-cost large language model, R1, which rivals OpenAI's offerings. Concerns arise over security and privacy implications, as OpenAI warns of potential risks associated with using DeepSeek's technology in critical infrastructure.
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Baidu has unveiled its latest AI models, Ernie 4.5 and Ernie X1, claiming they outperform competitors like OpenAI's GPT-4.5 and DeepSeek's R1 at significantly lower prices. The models will be integrated into Baidu's ecosystem and made available for free starting April 1, 2025.