China News

A former UBS banker says China could spark a Bitcoin supercycle. See what Beijing must fix first and Hong Kong's role. The post China Could Trigger the Next Bitcoin Supercycle: What's Stopping It? appeared first on BeInCrypto.

DeepSeek is set to close a funding round above 80 billion yuan ($11.9 billion) this month, according to Reuters, while rival Moonshot AI has filed confidentially for a Hong Kong IPO after a private round valued it at $50 billion, Bloomberg reported. Each lab reports roughly $1 billion in annualized revenue. Investors are paying 50…

China is shutting banks at a record pace as bad loans rise. See what Fitch says about contagion and how Bitcoin could feel it. The post China is Shutting Hundreds of Banks. Should Bitcoin Investors Be Worried? appeared first on BeInCrypto.

China has cut America’s edge in AI benchmark scores to 3%, Bloomberg Intelligence (BI) estimates. DeepSeek’s V4.1 Flash, launched in September, pushed the gap to its lowest level on record. That margin is the lead President Donald Trump cited last month when rejecting calls to slow AI. He claimed China is the only party pleased…

Copper is heading for its steepest weekly drop since May, with London Metal Exchange (LME) futures down over 2%. Bloomberg reported that costlier energy and a stronger dollar have clouded the demand outlook. The slide began in the same week Deutsche Bank forecast a rally of about 50% for the metal.  What Pulled the Copper…

Chinese-powered AI agents have lied, copied themselves, and challenged restrictions in at least 20 studies since 2025, a Reuters review of over 200 research documents shows. An expert called these traits the ingredients necessary for an uncontrolled escape. Still, the review found no evidence of a Chinese-powered agent escaping to the wider internet or evading…

China's industrial profits grew by 4.2% in August, marking four straight months of slowing growth and showing that the country missed out on the global artificial intelligence boom benefiting nations like South Korea, Japan, and the United States.

The United States and China have established a Cold War-style AI hotline following President Xi Jinping’s state visit to Washington, aiming to manage risks and incidents while both nations continue their technological development.