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David Sacks Hails Trump's AI Strategy In Middle East As Power Move Over China — OpenAI CEO Sam Altman Backs Him: 'Sorry Naive People Are Giving You Grief'
Sunday, May 18, 2025 - 11:41pm | 859As criticism mounts over the Donald Trump administration's AI chip deals with Gulf states, David Sacks and Sam Altman are pushing back, calling the partnerships a strategic win over China. What Happened: Trump announced multibillion-dollar AI partnerships between U.S. companies and Gulf nations,...
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Trump Says He's Willing To Visit China To Meet Xi Jinping, Calls US-China Relationship 'Important' After Striking Temporary Trade Truce
Friday, May 16, 2025 - 11:09pm | 404President Donald Trump has offered to travel to China to meet with President Xi Jinping. What Happened: In an interview with Fox News aired on Friday, Trump was asked if he wanted to speak with Xi on a foreign trip. In response, he said, "I would certainly," adding that the relationship between the...
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Scott Bessent To Meet Chinese Officials For Crucial Trade Talks In Switzerland: Trump Administration
Tuesday, May 6, 2025 - 9:38pm | 530On Tuesday, the Donald Trump administration announced that Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will meet with senior Chinese officials this weekend in Geneva, Switzerland. What Happened: The gathering marks the first major face-to-face discussions...
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Charlie Munger Once Observed That A Full-Scale US-China Tariff War Was 'Massively Stupid': The Legendary Investor Didn't Mind If Both Beijing And Washington Got Bruised Up In Talks Though — Here's Why
Thursday, April 24, 2025 - 8:49pm | 664As tensions between the U.S. and China over trade reached a boiling point today, a statement of the legendary investor Charlie Munger has resurfaced on the topic of tariffs. What Happened: In a joint interview with CNBC alongside Warren Buffett and Bill Gates in 2019, Munger addressed the growing...
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Microsoft Co-Founder Bill Gates Praises China As A Pioneer In Solar, Batteries, And AI: Warns Tensions Are Stifling Global Innovation
Saturday, March 29, 2025 - 4:31am | 711Last week, Microsoft Corp. (NASDAQ:MSFT) co-founder and philanthropist Bill Gates lamented the growing divide between the U.S. and China, saying it's blocking access to critical climate and technology innovations. What Happened: In a wide-ranging interview during an Express Adda event, Gates...
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Nvidia China Antitrust Probe May 'Remain Unsolved' In Near Term Says Top Analyst; Investors Should Be Prepared For Increased Scrutiny
Monday, December 9, 2024 - 9:51pm | 859On Monday, China launched an antitrust investigation into Nvidia Corporation (NASDAQ:NVDA). However, a top analyst maintains that the case may go unresolved. What Happened: The investigation, reported by Chinese state media, centers on Nvidia's acquisition of Israeli networking company Mellanox...
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China's Tech Giants Alibaba, ByteDance, And Meituan Are Expanding Their Silicon Valley AI Footprints Amid US Efforts To Block Progress: Here's Why
Monday, November 18, 2024 - 11:15pm | 706China’s leading tech firms, Alibaba (NYSE:BABA), ByteDance, and Meituan (OTC:MPNGY) (OTC:MPNGF), are reportedly expanding their AI teams in Silicon Valley. What Happened: These Chinese tech giants have been growing their California-based offices recently, to attract...
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China's New Reusable Spacecraft Alarms Experts: 'Obvious That It Has A Military Application'
Thursday, July 25, 2024 - 8:51am | 534In the realm of space exploration, China’s uncrewed reusable spacecraft has been the subject of much speculation. Experts believe that the secretive spacecraft, currently on its third mission, maybe testing technologies for manipulating or retrieving satellites. What Happened: The spacecraft...
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Chinese Social Media Users Think Kamala Harris Can't Win Against Trump: 'It's Awkward And Not Even Entertaining'
Monday, July 22, 2024 - 9:25am | 584In a surprising turn of events, Chinese social media users and former President Donald Trump have come to a shared conclusion: Vice President Kamala Harris has a slim chance of winning the upcoming November elections. What Happened: Chinese social media platform Weibo is buzzing with discussions...
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US Coast Guard Spots Chinese Military Vessels In Bering Sea Economic Zone
Thursday, July 11, 2024 - 10:36am | 525In a recent encounter, a U.S. Coast Guard cutter on routine patrol detected multiple Chinese military vessels within the U.S. exclusive economic zone in the Bering Sea, officials confirmed. What Happened: The U.S. Coast Guard cutter discovered three Chinese vessels about 124 miles north of the...
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Google, OpenAI And Other US Tech Giants Tighten Employee Screening Amid Rising Chinese Espionage Fears: Report
Wednesday, June 19, 2024 - 8:38am | 529In the face of escalating concerns over Chinese espionage, U.S. tech behemoths, including Google and OpenAI, are stepping up their security measures for employees and potential recruits. What Happened: The decision comes amid apprehensions that foreign governments could manipulate compromised staff...
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Xi Jinping's China Wants To 'Delete' America After Nvidia, Others Forced To Curb High-End Chip Exports To Beijing, But Are Biden Administration's Policies Waking Up A 'Sleeping Lion'
Monday, June 3, 2024 - 10:39pm | 760China’s Semiconductor Manufacturing International Corp. has reportedly been ramping up its chip production with domestic tools, a move that could potentially counteract U.S. export restrictions. What Happened: SMIC, China’s leading chip manufacturer, is incorporating homegrown...
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US And China Defense Ministers Discuss Taiwan, Ukraine-Russia In First In-Person Talks Since 2022: 'Positive, Practical And Constructive'
Friday, May 31, 2024 - 10:24am | 636In a move that could signal easing tensions, the defense chiefs of the U.S. and China have met for the first time in person since last year. The meeting took place against a backdrop of strained relations over Taiwan and the South China Sea. What Happened: In a significant diplomatic engagement,...
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Biden Announces Massive Tariffs On Chinese Imports To Protect US Industries: Clean Energy, Solar Stocks Rally
Tuesday, May 14, 2024 - 1:24pm | 828President Joe Biden announced Tuesday a significant increase in tariffs on a range of Chinese goods, aimed at protecting the American economy and safeguarding domestic jobs. These measures are also designed to counteract China’s heavily subsidized production, which Biden stated was “...
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Yellen Calls For Fair Trade With China, Urges Other Central Banks To Limit Currency Interventions
Monday, May 13, 2024 - 12:04pm | 791In an interview on Monday, Treasury Secretary Janet Yellen outlined the current administration’s stance on several key economic issues, including tariffs on China and the need for domestic investment in strategic sectors, such as semiconductors and clean energy, which she believes are...