Stories from China
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DeepSeek Offers 75% Discount On EVIT 4 Pro Model
DeepSeek has released its V4 model, positioning it as a highly powerful open-source alternative to proprietary systems. The launch serves as a direct challenge to established closed-model providers like OpenAI and Anthropic. This development marks a significant milestone in the competitive landscape of large language model accessibility.
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China Projects 4.5 To 5 Percent Annual Economic Growth
New polling data indicates that support for China has increased by 6 percentage points in the Middle East region due to ongoing instability. Lü noted that the Iran war has already impacted Chinese exports. The source expressed uncertainty regarding when this decline will end. China reported an increase in industrial profits during the first three months of the year. This growth was driven by developments in the artificial intelligence and semiconductor industries. Specifically, profits for optoelectronic component manufacturers rose 336.8% year-on-year. Profits for photoelectric equipment and display equipment manufacturers increased by 43% and 36.3% respectively. The growth in these sectors is attributed to global capital investment in AI and data centers. China's mainland economy grew by 5% in the first quarter of the year.
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China Denies Allegations Of Arms Transfers To Iran
The Chinese Embassy in the United States issued a statement rejecting allegations that Chinese entities are stealing American AI intellectual property. Beijing characterized the accusations as a deliberate attack on the development of the Chinese AI industry. This follows reports regarding US concerns over the distillation of American AI models to train smaller, cheaper models. A speaker stated that China has no interest in threatening itself, dismissing the notion of a 'China threat' as baseless. Chinese Ministry of Foreign Affairs spokesperson Lin Jian denied US allegations concerning Panama ports during a routine press conference. Six nations in the Americas issued a joint statement expressing concern regarding recent Chinese actions affecting a vessel flying the Panama flag. China's defense ministry denied recent reports alleging the transfer of military equipment to Iran.
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DeepSeek Offers Discount On V4 Pro AI Model
DeepSeek has released its V4 series of large language models, claiming performance parity with GPT-5.2 and Gemini 3.0 Pro on reasoning benchmarks. The V4 Pro model is positioned as a high-efficiency alternative, priced at $0.74 per million input tokens. This release aims to challenge the dominance of major US-based AI providers by offering comparable reasoning capabilities at a significantly lower cost. The V4-Pro model features 1.6 trillion parameters and claims performance comparable to GPT-5.4 and Claude Opus 4.6 at lower costs. Chinese company DeepSeek is offering developers a 74% discount on its newly unveiled AI model, DeepSeek V4 Pro, until May 5. The company previously launched a preview of its open-source V4 model as a cost-effective alternative to Western competitors like ChatGPT and Google's Gemini. AI consultant Raj Froshoff discussed user expectations for the new model.
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China Tightens Restrictions On Officials' Families
China has implemented stricter regulations targeting government officials whose family members reside outside of the country. This move aims to increase oversight and control over the personal lives and potential loyalties of the bureaucracy. Chinese Vice Premier He Li Feng held a video call with U.S. Treasury Secretary Scott Besant and Trade Representative Jameson Greer on Thursday. The officials discussed implementing consensus reached during a previous meeting in Busan. The conversation focused on addressing economic and trade concerns and expanding pragmatic cooperation. According to Xinhua, the exchanges were described as candid, in-depth, and constructive.
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DeepSeek Releases New AI Model Version
Chinese AI firm DeepSeek has released a new artificial intelligence model that claims parity with industry leaders OpenAI and Google. The launch marks a significant step in the competitive landscape of global generative AI development. The release comes as international attention shifts toward China's growing technological capabilities in the machine learning sector. This latest iteration follows previous versions that were reportedly trained using NVIDIA hardware. The release comes amid ongoing technological competition between China and the United States.
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Global Rare Earth Supply Shortage Expected
China has implemented new export restrictions targeting European Union companies in response to arms sales involving Taiwan. China, the world's largest exporter of solar panels, is considering restrictions on solar manufacturing equipment destined for the United States. The move could impact foreign relations between the two nations. This supply falls short of the global requirement of 50,000 tons per year. The reduction follows a previous instance where China restricted exports to Japan following a collision between Chinese fishermen and the Japanese Coast Guard. The supply shortage has prompted calls to revive domestic production in the United States. Global demand for these materials is estimated at 50,000 tons annually. This supply gap is being cited as a driver for the revival of U.S.-based MaliCorp. This supply gap is expected to drive prices higher, according to the source.
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DJI Launches New Drone Certification Service
DJI has announced the release of the Lito 1 and Lito X1, which are designed as lightweight, beginner-friendly camera drones. The new models aim to lower the barrier to entry for amateur drone pilots. The announcement was shared via social media platforms. DJI has introduced a new aircraft certification service to provide support for drone operators.
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Iran Wins Men's Water Polo Gold At Asian Beach Games
High jumper Leonard Grospe secured a gold medal for the Philippines during the 6th Asian Beach Games held in Sanya, China. The achievement marks the country's second gold medal of the competition as of Friday morning. The event highlights the growing competitiveness of Filipino athletes in regional multi-sport competitions. Iran defeated Kazakhstan in a men's water polo final to secure the gold medal.
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China FM Sees Bright US-China Relations
The Chinese Foreign Ministry stated that relations between China and the United States show positive potential. This comment follows recent diplomatic shifts and aims to signal a desire for stable bilateral engagement. Chinese Foreign Minister Wang Yi stated that China-US relations maintain overall stability under the strategic leadership of President Xi Jinping and President Trump.
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