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[Andrew Sheng] US-China ideological clashes

Who will win the next war? That is the key question posed by the influential Foreign Affairs magazine on the US-China military and technological rivalry. At the core, there is a fundamental clash of strategic philosophies between the US-led order and China’s worldview that propelled its remarkable rise to global No.…

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After Blockbuster IPO, China's Memory Giant CXMT Plans Second Chip Plant In Beijing

CXMT, China's largest chipmaker by output and certainly by market value thanks to its blowout IPO pricing one week ago, which saw its stock surge more than 7x from its offering price of 8.66 yuan per share, is considering building a second memory-chip plant in Beijing ​and is in financing talks with a tech manufactu…

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China's AI Knife Fight: DeepSeek's New Model Runs 100x Cheaper Than Anthropic's Flagship

The price of artificial intelligence just printed a new low. DeepSeek's V4-Flash, officially released Friday, costs roughly three cents to run through a standard battery of benchmark tests, according to San Francisco research firm Artificial Analysis. Moonshot AI's Kimi K3 costs 86 cents; OpenAI's GPT-5.6 Sol, $1.86…

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Key Events This Week: Jobs, ISMs, Fed Speakers And More Earnings On Deck

The week ahead will be dominated by the US labor market, with the JOLTS report tomorrow, the ADP employment survey on Wednesday, and building up to Friday’s July employment report. Beyond the US, investors will be watching Swiss inflation today, Swedish inflation on Thursday, German activity data throughout the week…

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US faces new pressure to build weapons without China's rare earth magnets

EXETER, N.H. — A giant American flag hanging on the wall of a warehouse in New Hampshire hints at the national importance of the elements bound inside the mining waste stored in 1-ton bags. The company uses electrolysis to separate the key critical elements President Donald Trump's administration desperately wants t…

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