China Decode: Is China Winning the Global AI Trust War?
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It isn't about altruism. It's about furthering its own competitive advantage in this case. But The other thing I I must say I reflected on having read this about the rogue AI agent is that It does seem to me, frankly, that Xi Jinping's mantra that AI should remain under the control of humans. Looks a lot wiser. Welcome to China Decode. I'm Alice Hann. And I'm James King. In today's episode of China Decode, we're discussing the latest fronts in the global AI war.
How China is benefiting from American policies with regards to Iran and Canada and And the devastating floods in Nepal and surrounding areas. That's all coming up, but first let's do a very quick check in with how the markets in China are starting the week. On Monday, the Shanghai composite was up 0.86%, and the Shenzhen component was up 0.44%. Mainland markets rose despite weak economic data reinforcing concerns about China's growth outlook. Banking stocks led the gains with ICBC up two point six seven percent.
China Construction Bank up two point seven one percent, and Bank of China up five point one seven percent. All right, let's get right into it. While Washington argues with itself over AI tariffs and Iran, China's finding the upside in US policies, starting with AI. The US has had a rough time with AI systems behaving badly as of late. The most notable being the open AI system that went rogue, broke free, and hacked into another company systems, specifically the open source platform, Hugging Face. Hugging Face in turn went to the open source model from China Z.ai.
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