Daily brief
China has blocked Meta's $2 billion acquisition of AI startup Manus after a months-long probe, deepening the US-China AI rivalry and forcing Meta to unwind the already completed deal.
DeepSeek slashes fees for its new AI model in an ongoing Chinese price war.
China warns the EU of retaliation over 'Made in Europe' industry rules and threatens countermeasures.
VW says it can compete again in China.
China’s industrial profits surge as reflation offsets cost shocks, while a tax crackdown jolts metal traders in Hong Kong.