Policymakers in Washington and Beijing are vying to take the lead in a contested race to develop and diffuse frontier technologies. As the Trump team re-enters this competition after a four-year hiatus, its Chinese counterparts are struggling to foster the kinds of zero-to-one innovations the United States has a trackContinue Reading
The recently concluded “Two Sessions” – an annual gathering of China’s top political bodies – highlighted the country’s challenge of balancing slowing economic growth with ambitious technological progress. A key takeaway from the Two Sessions is Beijing’s commitment to integrating private tech firms into national policy decisions on innovation. LeadingContinue Reading
To many, the meteoric rise of DeepSeek is a “Sputnik moment.” Despite its modest scale and resources, the Hangzhou-based AI startup has come a long way, surmounting tech barriers, export controls, and trade restrictions. Chinese media and tech insiders have hailed its emergence as a “historic moment” for China’s innovationContinue Reading
On February 17, Chinese President Xi Jinping met a group of private-sector business leaders in Beijing. While key messages released to the public from the meeting remain similar to past public remarks from the Chinese leader, some of the meeting invitees caught public attention. Jack Ma, the founder of AlibabaContinue Reading
China’s transformative impact on the electric vehicle (EV) sector is redefining global trade dynamics and supply chain configurations, unleashing ripple effects across continents. From industrial overcapacity to cutthroat price wars, China’s EV surge has sent shockwaves through the automotive industry, as evidenced by mass layoffs and factory closures among Europe’sContinue Reading
The global geopolitical landscape is shifting rapidly, marked by political upheavals, economic uncertainties, and technological rivalries. China, too, has delivered seismic shocks, upending assumptions about its economic trajectory, technological ambitions, and global influence. Once a powerhouse of growth, it now faces sluggish consumer demand, deflation, and a deepening real estateContinue Reading
Chinese tech pioneer DeepSeek is disrupting global AI markets with open-source models priced 7 percent below Western counterparts, showcasing China’s ascent through cost-innovation synergies. U.S. President Donald Trump warned that the rise of DeepSeek “should be a wake-up call for America’s tech companies.” The rise of DeepSeek might intensify theContinue Reading
In December 2024, the Hangzhou-based AI company DeepSeek released its V3 model, igniting a firestorm of debate. The result has been dubbed “China’s AI Shock.” DeepSeek-V3’s comparable performance to its U.S. counterparts such as GPT-4 and Claude 3 at lower costs casts doubt on the U.S. dominance over AI capabilities,Continue Reading
There’s a common saying in tech circles: The United States is good at innovation, going from zero to one, while China is good at commercial applications, that is, going from one to 100. For a while it seemed like the same would hold true for artificial intelligence (AI), where theContinue Reading
