China’s Economy Grows Despite Tariffs
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The research center said its survey also found a "marked departure" from the results of a 2023 survey, with more people seeing China as the world's leading economic power. A median of 41 percent saw China as the top economy, compared with a 39 percent median who named the United States.
Beijing is taking an industrial policy approach to help its A.I. companies close the gap with those in the United States.
BEIJING (Reuters) -Chinese state firm employee Zhang Jinming makes up for a 24% cut to his salary by delivering food for three hours every night after work and on weekends - and hopes he can avoid awkward encounters with colleagues.
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American chipmaking giant Nvidia says it plans to resume sales to China of an artificial intelligence chip that’s become part of a global race pitting the world’s biggest economies against each other.
China is positioned to attract global talent as Trump’s policies weaken American competitiveness, some lawmakers say.
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China accelerated the pace at which it is building crude oil stockpiles in June as the strongest imports in almost two years outweighed a rise in refinery processing.
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Global views of China and its leader Xi Jinping have improved, while opinions of the U.S. and Donald Trump have declined.
The country has been gradually expanding military cooperation with the U.S., Japan, and Beijing-claimed Taiwan.
U.S. President Donald Trump ratchet up tariffs on Chinese imports to a prohibitive level of 145%, spurring a round of stimulus measures from Beijing.
Nvidia's CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used for artificial intelligence to China.
Chinese electric vehicle maker Xpeng's planned hires for this year have been revised up to 8,000 from 6,000, founder He Xiaopeng said in an internal speech.
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David Sacks said this would "deprive Huawei of basically having this giant market share in China."