Daily brief
The Trump administration is launching a $12 billion stockpile of critical minerals, called 'Project Vault,' to reduce U.S. reliance on Chinese supplies for rare earths and other materials vital for manufacturing and national security.
Alibaba will spend $431 million on an AI push during the Lunar New Year holiday as competition among chatbots intensifies.
Three Chinese companies have entered the global semiconductor industry's top 20 rankings.
Japan is extracting rare earth-rich mud from the deep-sea floor to cut its dependence on China for the minerals.
Ikea is closing seven large stores in China as part of a strategic reassembly of its operations in the country.