Benchmark Capital, a major U.S. venture capital firm, has provided a $75 million investment to Butterfly Effect, the Chinese startup behind Manus AI, valuing it at $500 million. […]
Chinese Startup Manus AI Raises $75M, Valuation Hits $500 Million
A Chinese startup called Butterfly Effect, known for developing the AI tool Manus AI, has secured a massive $75 million funding round led by U.S.-based venture capital firm […]
China Rejects Trump’s Claims of Ongoing Trade Talks
President Donald Trump asserted that the US and China were engaged in trade negotiations to resolve the tariff conflict, but Beijing denied these claims. On April 24th, China […]
China’s Comments Fuel Uncertainty for Bitcoin Investors
Recent statements from China regarding the U.S.-China trade negotiations have raised concerns among cryptocurrency investors. While the U.S. claims to be ready for a dialogue, China insists that […]
China-US Tensions Impact Crypto Market as Negotiations Remain Stalemate
The ongoing diplomatic tensions between China and the United States are causing ripples in the cryptocurrency landscape, impacting market sentiment and investor confidence. While recent optimism surrounding potential […]
China-U.S. Trade War Impacts Crypto: Market Uncertainty Amidst Escalating Tensions
Cryptocurrency markets are facing heightened volatility due to the escalating tensions between China and the U.S. The ongoing trade war, coupled with recent statements from both sides, is […]
Xi Jinping Seeks EU Allies While Trump Engages in Trade Wars
President Xi Jinping is making a concerted effort to solidify China’s standing as an ally within the European Union, contrasting sharply with Donald Trump’s aggressive stance and trade […]
China Disputes Trade Talks Claims with U.S.
China’s Ministry of Foreign Affairs has categorically denied ongoing trade negotiations with the United States. During a press conference, spokesperson Guo Jiakun refuted reports suggesting such talks are […]
Trump and Xi Engage in Talks Over Trade Tension Resumption
After a period of heightened tension, former President Donald Trump and Chinese President Xi Jinping recently resumed talks aimed at easing trade disputes that have plagued their relationship […]
China’s Industrial Output Slows Amid Trade Tensions and Lunar New Year Closures
Chinese factories are experiencing significant production slowdowns due to the combination of the lunar new year closures and increased US tariffs, according to recent data. The slowdown is […]
China Responds to US Duties: Implications for Global Trade and Cryptocurrency
The Chinese Foreign Ministry has issued a statement in response to new duties imposed by the United States, marking a significant development in ongoing trade tensions between the […]
Chinese E-Commerce Platforms Adjust Return Policy Amid Economic Pressures
Facing economic challenges, Chinese e-commerce platforms are being forced to reevaluate their return policies. The move comes as a response to increasing merchant losses caused by previously permissive […]
U.S. Treasury Secretary Calls for China’s Economic Restructuring
In a significant speech delivered at the Institute of International Finance, U.S. Treasury Secretary Scott Bessent urged China to transition from its current export-oriented growth model towards domestic […]
Trump Announces Tariff Reductions to China, Potentially Influencing Global Markets
President Donald Trump has reversed his previous approach to trade with China by proposing a significant reduction in tariffs. These reductions follow escalating tensions and aim to alleviate […]
Trump Plans Major Tariff Cuts on China, Backtracks on Powell Firing
President Donald Trump is considering a significant reduction in tariffs on Chinese goods, potentially dropping the rates from 145% to as low as 50-65%. Discussions are ongoing within […]