FW Desk News
FreightWatch.News
Monday, September 14, 2026
China's Foreign Ministry rejected appeals from U.S. technology executives to moderate artificial intelligence advancement. Guo Jiakun, a ministry spokesperson, stated Monday that "fear-mongering, confrontation, competition will just disrupt" global AI coordination efforts. The pushback followed statements from prominent American tech leaders advocating measured development due to safety concerns. China's Minister of State Security Chen Yixin published an article Sunday urging acceleration of an AI security risk management system, framing the technology as central to geopolitical competition among major powers and emphasizing the need for "healthy and orderly" progress. The rhetoric shift triggered market volatility, with AI-related equities declining sharply Monday, including a 10% drop in SoftBank shares in Japan.
More World Economy coverage
Japanese Bonds Attract Global Capital as Yields Rise, Demand StabilizesBank of Canada Raises Rates to 2.5% as Central Banks Combat InflationFed Pauses Rate Hikes But Signals December Action as Inflation PersistsFederal Reserve to Restructure Meeting Schedule, Rate Hike Expected in DecemberFed Holds Steady as Market Prices in December Rate IncreaseFed Holds Rates Steady as Inflation Fight ContinuesAll World Economy news →