How the U.S. is losing ground to China in nuclear fusion, as AI power needs surge
For decades, the U.S. has led the race to clean, limitless nuclear fusion energy. Now China is catching up, spending twice as ...
Yahoo Finance5d
Meituan joins China's AI spending race, says investing 'billions' in chips
The escalated spending and promise of further increases aligns with similar large-scale AI investments by China's other tech giants. E-commerce conglomerate Alibaba announced in February that it ...
Foreign CEOs to flock to China for key summit, Xi meeting, sources say
Xi is likely to meet a select group of foreign chief executives days after the summit, which could include European and ...
Yahoo Finance12d
China's 4 golden flowers: how Beijing invests its US$3.2 trillion reserves
China held US$3.227 trillion of foreign exchange reserves at the end of February, the largest of its kind in the world. Managing this vast wealth are four offshore investment offices known as Hua ...
Nikkei Asia6d
China's Ping An cuts investment return outlook but 'optimistic' on market
SHANGHAI -- Executives at China's Ping An Insurance on Thursday ... even as it lowered its assumed investment returns due to falling interest rates. Stabilizing the equities market is a key ...