The ‘competition going on for supremacy’ between China and the U.S. may create benefits, says International Chamber of Commerce secretary general

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"China has made and is making some huge, highly risky macroeconomic bets in order to drive what they see is this techno-driven industrial revolution that they want".

But it hasn’t stopped Chinese AI advancements like DeepSeek, a large language model (LLM) that claimed to compete with American AI at a fraction of the cost.

While the Trump administration has been pro-crypto, cracking down on immigration has been one of the many focal points in the first few months in office.

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Article Details

Author / Journalist: Stuart Dyos

Category: EconomyBusiness

Markets: United StatesChina

Topics: Xi Jinping Donald Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-29 @ 16:35:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 517 words

Reading Time: 3 minutes read

Sentences: 5 lines

Sentence Length: 104 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27403254

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Official Website: fortune.com

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