China’s top official has an ‘inflation warning’ for Americans, says US will likely see inflation pick up starting …

China is poised to unleash a wave of artificial intelligence innovation, with over 100 breakthroughs akin to DeepSeek expected in the next 18 months, according to Zhu Min, former deputy governor of the People’s Bank of China. Speaking at the World Economic Forum’s annual meeting in Tianjin, Zhu said these advancements “will fundamentally change the nature and the tech nature of the whole Chinese economy,” as reported by Bloomberg.

Zhu, also a former deputy managing director at the International Monetary Fund, attributed China’s AI potential to its vast pool of engineers, massive consumer base, and supportive government policies.