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The Nexus
BUSINESSJul 22 · 08:12 UTCASIA TIMESWilliam Pesek

Xi’s national team rides again to save swooning tech stocks

Chinese stocks saw a notable rise due to positive news from startup Moonshot AI, which launched a new AI model resembling DeepSeek's impact. The development highlights China's rapid technological advancements, though underlying economic challenges persist.

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Moonshot AIorganizationDeepSeektopicXipersonChinaorganizationSilicon Valleyplacenew economytopicold economytopic
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