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Canadian Prime Minister Begins China Visit

加拿大总理开始访华

2026-01-15 浏览


Canadian Prime Minister Mark Carney arrived in Beijing on Wednesday for a four-day visit aimed at strengthening trade ties and repairing strained relations of recent years. The first visit by a Canadian prime minister in eight years includes talks scheduled with Chinese President Xi Jinping and other top officials "China is our second-largest trading partner," Carney said a day earlier. "A pragmatic and constructive relationship between our nations will create greater stability, security and prosperity on both sides of the Pacific." Canada's relations with the US, its largest trading partner, have soured since President Donald Trump took office.  
来源: Shanghai Daily  



South Korea Prosecutor Seeks Death Penalty for Ousted President

韩国检方要求对被罢免总统判处死刑

2026-01-15 浏览


South Korea's special prosecutor is seeking the death penalty for former President Yoon Suk Yeol over his short-lived martial law declaration in 2024. Cho Eun-suk asked a court to impose that sentence as it wrapped up Yoon's trial. A ruling is expected on February 19. Yoon, who was ousted from office, is charged with leading an insurrection, a crime that carries the maximum penalty of death. He still maintains his innocence.  
来源: Shanghai Daily  



Nvidia, Eli Lilly to Invest U$1 Billion in AI Drug Lab

英伟达与礼来将投资 10 亿美元建设 AI 药物研发实验室

2026-01-15 浏览


US chip giant Nvidia and multinational drugmaker Eli Lilly will jointly invest US$1 billion over the next five years to build an AI-powered drug research lab in San Francisco. The project aims to merge Lilly's biomedical data with Nvidia computing power to accelerate research and development. Nvidia Chief Executive Jensen Huang said AI's most profound impact "will be in life sciences."  
来源: Shanghai Daily  



China Rebukes New Iran-Linked Tariffs, Trump Ramps Up Rhetoric

中国谴责与伊朗相关的新关税,特朗普加大言辞攻势

2026-01-14 浏览


Chinese officials rebuked the Trump administration's announcement of 25 percent import tariffs on any country doing business with Iran. China is among countries that trade with Iran. Chinese Foreign Ministry spokesperson Mao Ning said tariff wars have no winners and China will firmly protect its legitimate and lawful interests. Liu Pengyu, a spokesperson at the Chinese Embassy in Washington, said "protectionism harms the interests of all parties." Zhu Yongbiao, executive director of the Research Center for the Belt and Road at Lanzhou University, said the latest US tariff measures solidity the international image of the US as a country "arbitrarily abusing power and provoking geopolitical conflicts."

OPEC member Iran is a major oil exporter. Crude oil prices rose 2.5 percent after the tariff announcement.

US President Donald Trump told Iranian protesters in a social media post that "help is on the way" and they should keep protesting. He also said "all meetings with Iranian officials" have been canceled. Global Times, citing Reuters, said estimates of those killed has approached about 2,000 since unrest erupted across Iran more than two weeks ago over the skyrocketing cost of living. Trump has threatened military intervention against the Islamic Republic. Iranian security chief Ali Larijani said in an online post that it is the US and Israel who are the "main killers" of the Iranian people.
 
来源: Shanghai Daily  



Which Way Is the Wind Blowing? China AI Will Tell Investors

风向如何?中国 AI 将为投资者指路

2026-01-14 浏览


When the weather can't make up its mind, a new AI model in China can help stock market investors make up theirs. The China Meteorological Administration announced the development of an artificial intelligence model designed to analyze the impact of weather patterns on financial markets, potentially a tool in climate risk management, Xinhua reported. The model, called Shangji, or Stock, was jointly developed by the state agency and Fudan University in Shanghai. Its core function is to assess how meteorological factors influence asset pricing, identifying industries highly sensitive to weather conditions, such as wind and solar power, petrochemicals, construction and agriculture. The model is also aimed as a risk control tool for banks and insurers. The team that developed the model are working on the addition of bond and futures markets.  
来源: Shanghai Daily  



Alibaba's Qwen Tops Global Downloads

阿里巴巴的通义千问(Qwen)全球下载量居首

2026-01-14 浏览


Alibaba's Qwen family of artificial intelligence models recorded 700 million downloads on the Hugging Face AI platform so far this month, making it the most popular open-source AI system worldwide, Xinhua news agency reported, citing the Qwen team. Hugging Face data show that Qwen overtook similar large language models from Meta, DeepSeek, OpenAI, Mistral, Nvidia, ZhipuAI, Moonshot and MiniMax in December. In 2023, Alibaba was the first major Chinese tech company to open-source its Qwen models, which cover both text and multimodal tasks and support 119 languages.  
来源: Shanghai Daily  



China, EU Announce Steps to Resolve Car-Tariff Dispute

中国与欧盟宣布采取措施解决汽车关税争端

2026-01-13 浏览


China and the EU announced steps to resolve a longstanding dispute over European import tariffs on China-made electric cars. According to a jointly released "guidance document," the agreement essentially would allow Chinese carmakers to avoid EU tariffs as high as 35 percent by committing to minimum prices for every model earmarked for sale in Europe. Tariff relief would also take into account Chinese auto investments on the continent. Brussels imposed the tariffs in October 2024 to protect the EU auto industry from lower-cost Chinese imports that it said were subsidized by Beijing. Despite tariffs, Chinese automakers captured a record 13 percent of Europe's electric-vehicle market in November, according to researcher Dataforce. The Chinese Ministry of Commerce, which has long called the tariffs unjustified and disproportionate, hailed the agreement with the EU as an important step forward, reflecting "the spirit of dialogue and a willingness to resolve differences through consultation."  
来源: Shanghai Daily  



Fed Chair Under Federal Criminal Probe

美联储主席正接受联邦刑事调查

2026-01-13 浏览


US Federal Reserve Chairman Jerome Powell said he is under federal criminal investigation related to testimony he gave last June to the Senate Banking Committee. He said the legal action is payback from President Donald Trump for his opposition to deeper interest-rate cuts and he won't be intimidated by political pressure. The testimony in question related to information on the Fed's US$2.5 billion project to renovate the historic Fed headquarters building, Powell said. Trump has previously accused Powell of mismanaging the project, which the president described as too costly and ostentatious. Powell's term as Fed chairman expires in May, but his tenure on the Fed board of governors doesn't lapse until the end of 2026. Ironically, it was Trump who appointed Powell as Fed chair in 2019. The S&P 500 stock index in New York shrugged off the news to close at a new record high, but US Treasury bond yields rose on concerns about risk to the Fed's independence, with 10-year debt up 0.01 percentage point at 4.187 percent.  
来源: Shanghai Daily  



Investors Bet on End to China Food-Delivery War

投资者押注中国外卖大战将迎来结束

2026-01-13 浏览


Hong Kong shares of the three big rivals in China's fast food-delivery sector – Alibaba, Meituan and JD.com -- rose after Beijing announced yet another attempt to rein in a price war that has eaten into profits. Although the three companies in the past have said they will comply with directives to cool their intense battle for customers, none has seemed willing to be the first to change its practices. The State Administration for Market Regulation on Friday said it is launching a probe into competition practices in the sector, which have included costly discounting, promotions and merchant incentives. Meituan, the market leader in promising delivery of food within an hour of ordering, admitted last year that "irrational competition" in its fast-food delivery battle led to its first quarterly loss in three years. Its shares in Hong Kong rose 6.6 percent on Tuesday as investors bet that the new clampdown will raise margins. Alibaba gained 5.3 percent, and JD gained 2 percent.  
来源: Shanghai Daily  



Chinese Academic Warns Against US Intervention in Iran

中国学者警告美国不要干预伊朗事务

2026-01-12 浏览


Lu Xiang, a research fellow at the Chinese Academy of Social Sciences, warned of "significant impact" if the US military intervenes in Iran, the Global Times reported on Sunday. "If strikes were launched against Iran, Iran would certainly retaliate in the most intense manner," he said, adding that it would create serious regional tensions after a period of relative calm. US media said US President Donald Trump has been briefed on options for attacks in Iran, including strikes on nonmilitary sites in Tehran. Trump has been threatening to intervene amid protests in the country triggered by the soaring cost of living.

China's Xinhua news agency, citing Iran state media, said at least 109 members of Iran's security forces have been killed in clashes since the protests began 14 days ago, and noted that human-rights groups outside the country put the number of protesters killed at 200 or more, though this figure could not be independently verified.

On Sunday, Trump posted on his social media site: "Iran is looking at freedom perhaps like never before. The USA stands ready to help." Iran's supreme leader Ali Khamenei urged Iranian citizens to maintain unity and blamed the US for inciting the demonstrations. Iranian President Masoud Pezeshkian, in a Sunday televised interview, said his government is prepared to address the economic grievances driving the protests but warned that "rioters" will not be tolerated.
 
来源: Shanghai Daily  



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