Xiaomi, a leading smartphone titan, has entered the heated AI race in China with its latest offering - an open-source reasoning model named MiMo. Developed entirely in-house, Xiaomi claims that MiMo stands toe-to-toe with heavyweights like OpenAI’s o1-mini and Alibaba’s QwQ-32B.

In the midst of the US-China tariff battle, vendors in Yiwu city, home to the world's biggest wholesale market, are finding solace in a burgeoning global customer base. This growth is cushioning the blow from the decrease in American buyers, as trade uncertainties persist.

Nvidia, the US chip behemoth, has dispelled reports of a proposed partnership in China. This comes amidst the escalating tech conflict between the US and China, a challenging landscape that Nvidia is diligently navigating.

As Trump struggles, China's well-planned preparation for the tariff skirmish not only serves its defence but also positions it to redefine the future global landscape.

Pony.ai, a Chinese robotic taxi firm, is poised for a significant revenue surge, thanks to a partnership with internet giant Tencent. This collaboration presents the exciting prospect of reaching over a billion users through Tencent's platforms, including WeChat.

Despite being in the crosshairs of Washington, Chinese biotech behemoth WuXi AppTec experienced a robust 28 per cent surge in US revenue during the first quarter, outstripping the global increase of 21 per cent.

Despite being under the watchful eye of Washington, Chinese biotech titan, WuXi AppTec, experienced a robust 28% growth in US revenue in the first quarter. This outperforms their global revenue increase of 21% during the same period.

As US tariffs intensify, China's Xi increases his focus on technology development and solidarity with the Global South. His decision to visit Shanghai as his first stop since the trade dispute escalated, underscores his determination to enhance core strengths to handle external challenges.

Huawei has teamed up with 11 auto giants, including Audi China, the state-run SAIC Motor and Guangzhou Automobile, to champion the cause of safety in self-driving cars. This collaboration, known as the 'intelligent assisted driving safety initiative', comes as Tesla eagerly anticipates approval for its Full Self-Driving system.

As the tension between the US and China continues to brew, industry experts indicate that Beijing may be refraining from enforcing severe restrictions on American film imports. This comes at a pivotal time for Hollywood, with Disney readying to unveil new releases in the Chinese market.

In order to navigate the murky waters of uncertainty, SMEs must do more than understand their business and clientele. They need to adopt a fresh perspective and explore uncharted terrains.

Despite the anticipated tariff reductions between the US and China this year, the economic damage has already been inflicted, state analysts. Morgan Stanley cautions that a swift and simultaneous economic slump could be on the horizon unless uncertainties surrounding tariffs are promptly addressed.