Taiwan's defense ministry says China launched live-fire drills barely 40 miles off the coast of Taiwan on Wednesday with no prior warning.

Chinese AI startup DeepSeek on Wednesday introduced discounted off-peak pricing for developers looking to use its AI models to build their own products, its website showed, a move that could put pressure on rivals in China and overseas to cut prices.

However, analysts doubt such a change would have an impact in a country where couples are tying the knot later and in fewer numbers than ever before.

The administration is positioning itself to clamp down on Chinese investment and access to technology. But the wild card may be the president himself.

China’s no. 4 official unveiled stronger language toward Taiwan that signaled greater efforts ahead to intimidate the self-ruled democracy, as Beijing announced military exercises near the island.

(Reuters) -China plans to inject at least 400 billion yuan ($55.13 billion) into its biggest banks in coming months as part of a broader stimulus package to revive growth in the economy, Bloomberg News reported on Wednesday.

China's government said on Wednesday that Taiwan was "manipulating" possible Chinese involvement in the latest severing of an undersea communications cable, saying the island was casting aspersions before the facts were clear.

Hong Kong aims to cut spending by slashing 10,000 civil service jobs in an effort to rein in a rising deficit, and plans a big AI push as it navigates headwinds from global economic uncertainty, geopolitical tensions and a weak property market.

China plans to start re-capitalizing several of its biggest banks in coming months, according to people familiar with the matter, following through on a broad stimulus package unveiled last year to shore up the struggling economy.

China’s military has set up a zone for “live-fire training” about 46 miles (74 kilometers) off the southwestern coast of Taiwan without advance notice, the island’s defense ministry said on Wednesday,