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Chinese AI start-up DeepSeek, Lunar New Year travel hotspots: SCMP daily catch-up

From Chinese AI start-up DeepSeek to travel hotspots during Lunar New Year, here’s a round-up from today’s China and economy coverage

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Customers buy snacks at Pangdonglai Times Square in Xuchang, China’s Henan province, on July 1, 2023. Photo: Simon Song
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1. ‘Incomparably nice’: Chinese supermarket wins viral fame for stellar service

Pangdonglai has become an unexpected viral sensation in China over the past couple of years, making its stores go-to destinations ahead of the Lunar New Year holiday, which begins on January 28. Pangdonglai has proved there is still life in bricks-and-mortar retail in China.

2. Trump calls China’s DeepSeek AI leap a ‘wake-up call’ for US tech

US President Donald Trump has called Chinese AI start-up DeepSeek’s strong showing a “wake-up call” and “positive” for America’s tech sector, and also warned that he would slap tariffs on foreign-made semiconductor chips, including those made by Taiwan’s TSMC, if they do not start producing them stateside.

3. China’s peace strategy in Horn of Africa is slow-going, but can it reap rewards?

Illustration: Henry Wong
Illustration: Henry Wong

Beijing is taking a slow but safe approach to promoting harmony in a region of Africa beset by war and insurgencies, experts say. Questions remain, though, over whether China’s strategy will ever actually bring any concrete peace to the area.

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