The two continents enjoyed more venture capital investment into their local startups than in some time, underscoring that strong VC results the U.S. saw in the third quarter were not a fluke, but part of a broader trend.
The United States said it would add 33 Chinese firms and institutions to an economic blacklist for helping Beijing spy on its minority Uighur population or because of ties to weapons of mass destruction and China's military.
There is a number that floats around Washington, DC, circles about how much the Chinese government is projected to spend on AI: $70 billion by 2020, up from an estimated $12 billion in 2017.
U.S.-China trade talks hit a snag as the White House weighed limiting U.S. investments in China, which would be an "unmitigated disaster" if it came to pass, says Yale's Stephen Roach.
As the Sino-U.S. trade war drags on, Beijing is throwing its door wide open to foreign investors as concerns grow over declining exports, capital flight and persistent yuan weakness.
Roger Ng, a former Goldman Sachs bank executive who is currently in jail in Malaysia, has agreed to voluntarily return to the United States to face abetment charges in a scheme to loot state investment firm 1MDB.
While the IPO market in the U.S. gained strength in 2018, many U.S. unicorn companies remained on the fence to see longer-term results.
The U.S.-China trade war resulted in billions of dollars of losses for both sides in 2018, hitting industries including autos, technology - and above all, agriculture.
"The trade war, I think, can be worked out," the billionaire investor Dalio said. "History has shown there's a concept called the 'Thucydides Trap'" that indicates conflict.