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Xi Jinping warns against China's overinvestment in EVs and AI

Chinese President Xi Jinping has bluntly questioned a nationwide rush of investment into the AI and EV industries. As deflation anxiety grows and Trump’s trade war with China ramps up, the world’s second largest economy is turning to fast-growth tech industries to remain competitive.<br /> But Xi appears to think that the strategy is flawed. As reported by the Financial Times, China's President sent out a pointed message about over-investment at the two-day Central Urban Work Conference in Beijing.<br /> "When it comes to projects, there are a few things — artificial intelligence, computing power and new energy vehicles," he said in a speech that made the front page of the People’s Daily, the official newspaper of the Communist Party. "Do all provinc [...]

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venturebeat
Kai-Fu Lee's brutal assessment: America is already losing the AI hardware war to China

China is on track to dominate consumer artificial intelligence applications and robotics manufacturing within years, but the United States will maintain its substantial lead in enterprise AI adoption [...]

Match Score: 82.50

Destination
It's the perfect time to buy a cheap used EV

Early this summer, my wife and I had an inconvenient realization: we may need to be in two places at once. An urgent doctor appointment could conflict with YMCA day camp pickup, or our kids would get [...]

Match Score: 79.35

Destination
A shaky year for American EVs could set the tone for 2026

If you like both electric vehicles and emotional roller coasters, 2025 was an excellent year. However, for those of us whose nerves are already sufficiently frazzled, the highs and lows of the last 12 [...]

Match Score: 68.57

Destination
Xi Jinping rallies China to close the AI gap with a focus on homegrown chips and software

China's President Xi Jinping called for greater self-reliance in AI development at a Politburo meeting on Friday.<br /> The article Xi Jinping rallies China to close the AI gap with a focus [...]

Match Score: 59.34

Destination
Tech's biggest losers of 2025

It’s the end of another year, so it’s time for the Engadget staff to compile a list of the year’s biggest losers. We scour over articles from the previous 12 months to determine the people, comp [...]

Match Score: 57.26

Destination
Canada cuts tariffs on Chinese EVs as part of new deal

Canada has agreed to drastically reduce its tariffs on imported Chinese EVs from 100 percent to 6.1 percent as part of a new deal between the two countries. In return, China will be reducing tariffs o [...]

Match Score: 52.05

Destination
US and China agree to one-year pause on punitive tariffs

Donald Trump and China’s leader, Xi Jinping, have agreed to a one-year pause on the punitive Trump-instated tariffs that are at the heart of the ongoing trade war between the two superpowers. Among [...]

Match Score: 51.82

Destination
NVIDIA can now sell its high-end AI chips to 'approved customers in China,' Trump says

NVIDIA is now allowed to sell its second-best H200 processors to China, rather than just the sanction-approved H20 model that China had previously declined to buy, President Trump wrote on Truth Socia [...]

Match Score: 48.89

Destination
Honda cancels three EVs that were months away from US production

Honda has announced it is canceling three electric vehicles it was months from starting production on at its EV Hub in Ohio. The Honda 0 SUV, the Honda 0 sedan and the Acura RSX are all being wound do [...]

Match Score: 48.00