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China

Will China’s AI challenge impact US dominance?

The global artificial intelligence (AI) landscape has witnessed a new shift with the emergence of China’s DeepSeek, a powerful AI model developed to counterbalance American AI giants like OpenAI, Google, and Meta. The release of DeepSeek sent shockwaves through the stock market, causing NVIDIA, one of the biggest players in AI hardware, to lose nearly $500 billion in market capitalization overnight

EU unveils plan to boost competitiveness

The European Commission presented the Competitiveness Compass, a strategic blueprint aimed at restoring the European Union (EU)'s economic edge and driving technological leadership as it seeks to close the gap with the US and China.

India, China should meet each other halfway: Wang Yi

Chinese Foreign Minister Wang Yi on Monday told Foreign Secretary Vikram Misri that India and China should seize the opportunity to meet each other halfway, explore more substantive measures, and commit themselves to mutual understanding, mutual support and mutual achievement, rather than mutual suspicion, alienation and mutual depletion.

Beijing Scores

It now transpires that Reina wrote to Taiwan on 13 March demanding a total of $2.45 billion in aid, including the construction of a hospital and a dam, and to write off debt. Reina justified the demand of $2.45 billion by saying it was not ‘not a donation‘, but rather ‘a negotiated refinancing mechanism‘. It may be noted that Honduras is one of the poorest countries in the region, with almost 74 per cent of its nearly 10 million people living in poverty

The Indian Way

Can we do what China did to become a global manufacturing hub? We have a parliamentary democracy and a Constitution that guarantees freedom and fundamental rights of citizens. Land acquisition and labour laws in India cannot be made harsh to attract foreign investment in manufacturing. We must protect our environment and must not allow it to get damaged in a bid to emulate China. Development is always meant for the people and must aim at improving their lives