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Title: China Reportedly On Verge Of 100 DeepSeek-Like Breakthroughs Amid Aspirations For World Domination
Source: [None]
URL Source: https://www.zerohedge.com/technolog ... d-aspirations-world-domination
Published: Jun 25, 2025
Author: Tyler Durden
Post Date: 2025-06-25 01:38:39 by Horse
Keywords: None
Views: 157
Comments: 1

China is preparing to launch a tsunami of domestic AI innovation, with more than 100 DeepSeek-like breakthroughs (more here) expected within the next 18 months, according to former PBOC Deputy Governor Zhu Min, as reported by Bloomberg. This development signals Beijing's intent to rapidly close the technological gap ahead of the 2030s.

Speaking at the World Economic Forum's "Annual Meeting of the New Champions" in Tianjin, China, Min told the audience that 100 DeepSeek- like breakthroughs "will fundamentally change the nature and the tech nature of the whole Chinese economy."

The emergence of DeepSeek, a low-cost, powerful AI model, has fueled Chinese tech stocks and underscored China's AI competitiveness despite U.S. restrictions on advanced chips and domestic macroeconomic headwinds. Bloomberg Economics projects high-tech's contribution to China's GDP could rise from 15% in 2024 to over 18% by 2026.

Traders are rotating into Chinese equities, with the Hang Seng Index surging 25% year-to-date, significantly outperforming the S&P 500, which is up just 3.3% and effectively flat in real terms. China stocks outperformed soon after DeepSeek's launch in January.

China is preparing to launch a tsunami of domestic AI innovation, with more than 100 DeepSeek-like breakthroughs (more here) expected within the next 18 months, according to former PBOC Deputy Governor Zhu Min, as reported by Bloomberg. This development signals Beijing's intent to rapidly close the technological gap ahead of the 2030s.

Speaking at the World Economic Forum's "Annual Meeting of the New Champions" in Tianjin, China, Min told the audience that 100 DeepSeek- like breakthroughs "will fundamentally change the nature and the tech nature of the whole Chinese economy."

The emergence of DeepSeek, a low-cost, powerful AI model, has fueled Chinese tech stocks and underscored China's AI competitiveness despite U.S. restrictions on advanced chips and domestic macroeconomic headwinds. Bloomberg Economics projects high-tech's contribution to China's GDP could rise from 15% in 2024 to over 18% by 2026.

Traders are rotating into Chinese equities, with the Hang Seng Index surging 25% year-to-date, significantly outperforming the S&P 500, which is up just 3.3% and effectively flat in real terms. China stocks outperformed soon after DeepSeek's launch in January.

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99% cut in immigration to the US from Darien Gap camps.

The Truth of 911 Shall Set You Free From The Lie

Horse  posted on  2025-06-25   1:43:27 ET  Reply   Trace   Private Reply  

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