Global markets and technology sectors saw significant developments on Monday, as OpenAI and Microsoft reworked their partnership to allow broader cloud distribution, China moved to block Meta Platforms’ planned acquisition of Manus, US officials weighed Iran’s latest proposal amid ongoing tensions, and oil prices surged on supply concerns linked to disruptions in the Strait of

China’s order for Meta Platforms to unwind its $2 billion acquisition of artificial intelligence startup Manus is less about a single deal and more about a broader tension shaping the country’s tech strategy: how to build global champions without losing control. The episode highlights a recurring dilemma for Beijing. While policymakers want domestic firms to

China has launched its 2026 May Day Culture and Tourism Consumption Week to boost travel and spending during the holiday. With thousands of events, subsidies, and industry participation, the initiative highlights how May Day has evolved from a labor holiday into a key driver of domestic tourism and economic growth. As millions of travelers prepare

On the eve of U.S. President Donald Trump’s visit to China, the UK’s Financial Times revealed on Thursday, April 23 that the White House is accusing China of stealing American artificial intelligence (AI) technology on an “industrial scale” and is warning that it will intensify crackdowns to curb such activities. According to the report, Michael

China has completed a deep modernization of a Soviet-designed Project 956E destroyer, replacing nearly all original Russian weapons and systems with domestically produced alternatives. We bring you stories from the ground. Your support keeps our team in the field. DONATE NOW According to Defense Express on April 27, the upgraded vessel—identified as the destroyer Hangzhou—was publicly displayed during events marking the

U.S. consumers have benefited from lower prices, many favor more cooperation with China, according to a CFR-Morning Consult poll conducted in January 2026. U.S. companies have also profited immensely from access to China’s market. In a 2019 study, economists Xavier Jaravel and Erick Sager found that increased trade with China boosted the annual purchasing power

China has moved to block Meta Platforms Inc.’s planned $2 billion acquisition of agentic AI startup Manus, in a surprise decision that effectively unwinds a deal already close to completion. The intervention marks a significant escalation in Beijing’s oversight of strategic technology transactions, particularly those involving artificial intelligence and cross-border investment. Regulator orders cancellation of