Nerves are once again fraying as investors wait on news of a U.S.-Iran deal that they have now been promised for some time. They may be waiting a little longer, with President Trump's attention now turned to Beijing, with a bevy of billionaires in tow. Meetings with President Xi are expected to cover trade, AI and Taiwan to name a few.
Jensen Huang, the billionaire chief executive of the chipmaker Nvidia, has joined Donald Trump’s China delegation after a reported last-minute invitation, highlighting the US’s AI and tech ambitions. Huang will join a roster of US bosses including the Tesla chief executive and X owner, Elon Musk, the Apple chief executive, Tim Cook, and Goldman Sachs’s David Solomon at Trump’s 36-hour meeting with the China president, Xi Jinping.
US secretary of state Marco Rubio is heading to Beijing with president Donald Trump despite being under Chinese sanctions a breakthrough that might have been made possible after China changed his name's transliteration. As a US senator, Rubio, who is visiting China for the first time, fiercely championed human rights in China, which retaliated by imposing sanctions on him twice adopting a tactic more often used by the US against adversaries.
Iran closed the Strait of Hormuz in response to US-Israeli attacks, restricting passage through a key artery of global energy transport. China has said that it wants to see the war end and hosted Iranian Foreign Minister Abbas Arraghchi last week. At the same time, Beijing has refused to recognise Washington's unilateral sanctions on Iran's oil sector. Disruptions stemming from the war have disrupted the global economy, with Asian states that depend on imports from the Middle East especially hard hit.
We believe that a comprehensive ceasefire brooks no delay, a resumption of hostilities is inadvisable, and persisting with negotiations is particularly important, Wang told Araghchi at the start of their meeting.
The DeepSeek-V4 is available in a pro version and a cheaper flash version. V4-Pro has 1.6 trillion parameters while the V4-Flash has 284 billion parameters, which determine models' decision-making ability.
Greer stated, 'What we are not looking for is massive confrontation or anything like that with China.' He emphasized the importance of maintaining stability in the US-China economic relationship.
In recent weeks, China approved the world's first commercial brain-computer interface medical device and unveiled a five-ton class electric vertical takeoff and landing aircraft that has already completed a public flight.