China news and trends

Saudi Arabia Exits China’s mBridge Cross-Border Payments Program

September 20, 2026
Saudi Arabia mBridge
OpenAI and Anthropic Revenues Dwarf Those of Chinese AI Models
Artificial Intelligence // September 17, 2026

Robust adoption of China’s artificial intelligence models has yet to yield corresponding revenues, according to a report published Thursday (Sept. 17) by research firm Rhodium Group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

US Weighs Banning Nations From Pax Silica If They Join China AI Group
Artificial Intelligence // August 17, 2026

The United States is preparing to tell countries that they will be excluded from a U.S.-led artificial intelligence coalition if they join a Chinese-led one, Reuters reported Friday (Aug. 14), citing an unnamed U.S. official and a draft of a letter to members of the...

Apple Teams Up With Alibaba to Bring Apple Intelligence to China
Apple // August 14, 2026

Apple worked with Alibaba Group to develop and train an Apple artificial intelligence model specifically for the Chinese market, Reuters reported Friday (Aug. 14), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

US Threatens Sanctions on China Over Alleged AI Model Theft
Artificial Intelligence // July 21, 2026

The White House is weighing a crackdown on China’s alleged “IP theft” of artificial intelligence models in the United States, Treasury Secretary Scott Bessent said in an interview with Fox Business Tuesday (July 21). Get the Full Story Complete the form to unlock this article...

Interviews & Exclusives
Amazon and Walmart Overhaul Supply Chains as China Tariffs Bite

April 11, 2025
When Walmart, the largest retailer in the U.S., abruptly withdrew its first-quarter operating income guidance last week, the message was unmistakable: the tariff storm is shaking the foundations of retail planning. The announcement, citing the need to maintain pricing flexibility amid newly implemented tariffs, is emblematic of the intense pressure facing multinational retailers in a […]

Trump’s Tariff Freeze: What Could Have Happened if They Stayed in Place?

April 10, 2025
Hate to say you read it here first, but here’s a prescient quote left on the cutting room floor from PYMNTS CEO Karen Webster’s interview with QED Investors partner Amias...

DeepSeek Day Two: Focus Turns to Enterprise AI Adoption

January 28, 2025
Chinese AI startup DeepSeek’s deeply discounted foundation models could herald lower prices for businesses seeking to adopt AI — by removing one of the biggest blockers to enterprise deployment. Get...

DeepSeek Open-Source Model Could Shake Up Enterprise AI

January 27, 2025
Shares of Nvidia, the darling stock of the generative AI boom, are down 15.3% in midday trading on Monday (Jan. 27) as Wall Street grapples with the revelation that it...

Quick Reads
Saudi Arabia Exits China’s mBridge Cross-Border Payments Program

September 20, 2026
Saudi Arabia has reportedly withdrawn from China’s mBridge digital currency/cross-border payments program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from […]

OpenAI and Anthropic Revenues Dwarf Those of Chinese AI Models

September 17, 2026
Robust adoption of China’s artificial intelligence models has yet to yield corresponding revenues, according to a report published Thursday (Sept. 17) by research firm Rhodium Group. Get the Full Story...

US Weighs Banning Nations From Pax Silica If They Join China AI Group

August 17, 2026
The United States is preparing to tell countries that they will be excluded from a U.S.-led artificial intelligence coalition if they join a Chinese-led one, Reuters reported Friday (Aug. 14),...

Apple Teams Up With Alibaba to Bring Apple Intelligence to China

August 14, 2026
Apple worked with Alibaba Group to develop and train an Apple artificial intelligence model specifically for the Chinese market, Reuters reported Friday (Aug. 14), citing unnamed sources. Get the Full...