WS #12261
China's Foreign Ministry rejects new US visa regulations and Trump's election interference allegations, warning of reciprocal countermeasures, escalating bilateral tensions. Nasdaq tumbles 1.5% amid chip stock selloff; investors pull back from high-flying tech shares; Alibaba-backed Moonshot debuts Kimi K3, a 2.8 trillion-parameter open-weight AI model. Chinese memory giant CXMT oversubscribed 212 times in Shanghai IPO, with nearly 10 million investor accounts applying, highlighting strong demand for Chinese semiconductor self-reliance.
US-China Trade Tensions
China's Foreign Ministry rejects new US visa regulations and Trump's election interference allegations, warning of reciprocal countermeasures, escalating bilateral tensions.
Nasdaq tumbles 1.5% amid chip stock selloff; investors pull back from high-flying tech shares; Alibaba-backed Moonshot debuts Kimi K3, a 2.8 trillion-parameter open-weight AI model.
Chinese memory giant CXMT oversubscribed 212 times in Shanghai IPO, with nearly 10 million investor accounts applying, highlighting strong demand for Chinese semiconductor self-reliance.