The city of Hangzhou in southern China is one of the main technological centers in the country and houses the revolutionary society of artificial intelligence (AI) Deepseek. Consider Hangzhou as a Chinese version of Silicon Valley. The seat of Deepseek is on the twelfth floor of a modern office building. Picture:The seat of Deepseek is … Read more
Donald Trump said that he would place 25% of prices on imports from Canada and Mexico and 10% tariffs on goods from China from today. This decision raises fears of price increases for American consumers, as the American president suggested that he would try to blunt the impact on oil imports. He threatened the prices … Read more
With government bond yields rising, sterling falling and, all things considered, markets looking rather choppy in the UK, it is highly likely that Rachel Reeves’ trip to China will be overshadowed by rumors. There’s a chance the dominant narrative doesn’t speak China himself, but why didn’t she cancel the trip. But make no mistake: this … Read more
Rachel Reeves’ trip to China – the first by a British chancellor since 2019 – was always going to spark controversy. In recent years Conservative governments have kept Beijing remotely – amid concerns about espionage, the situation in Hong Kongand the treatment of Uighurs. David CameronThe so-called “golden age” of commitment to continued economic investment, … Read more
Improving Britain’s situation will be “at the forefront of the Chancellor’s concerns” during her visit to China, the Treasury has said, amid controversy over the trip. Rachel Reeves soared on Friday after ignoring calls from opposition parties to cancel the long-planned project due to domestic market turmoil. Last week saw a fall in the pound … Read more
Bank of England Governor Andrew Bailey will join Rachel Reeves on a visit to China next month aimed at strengthening financial services trade ties between the two countries. Sky News has learned that Mr Bailey and Nikhil Rathi, chief executive of the Financial Conduct Authority, will both accompany the chancellor during the January trip. Mr … Read more
Across Europe, carmakers are cutting jobs and closing factories – to the point where some are questioning their very existence. So it’s worth asking the question: what’s wrong with the European (and for that matter American) auto industry? While some will draw their own conclusions (Brexit! Electric vehicle time limit ! Government regulations!) in practice, … Read more
In a strong performance at the Muki Hockey Training Base in Hulunbuer, China, the Pakistani hockey team advanced to the semi-finals of the 2024 Asian Hockey Champions Cup with a thumping 5-1 win over China on Thursday. From the start, Pakistan showed their dominance, quickly building to a 2-0 lead before half-time. The team intensified … Read more
Donald Trump threatened to impose new tariffs on Mexico, Canada and China on his first day in office. The president-elect, who takes office on January 20 next year, announced that he would introduce a 25% tax on all products entering the country from Canada and Mexico. Posting on his Truth Social platform, he also threatened … Read more
In a dominant performance, the Pakistani hockey team registered a convincing 5-1 win over China, securing their place in the semi-finals of the 2024 Asian Hockey Champions Cup. Nadeem Ahmed and Hanan Shahid were the stars of the match, as they each scored two goals to lead Pakistan to a comfortable victory. Abdul Rahman added … Read more