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Washington’s controversial new approach to foreign aid
Analysis

Washington’s controversial new approach to foreign aid

Since returning to power in 2025, the Trump administration has drastically changed the answer to this question, pursuing an ‘America First’ philosophy that is dramatically more transactional: the US will give you money, but you must give the US something valuable in return.

​Pony.ai and its first automatic driving system production line, as seen in Shanghai, in 2020.
GZERO AI

A Chinese autonomous vehicle firm is going public in the US

On Oct. 17, a Chinese autonomous vehicle company called Pony AI filed to go public in the United States through an initial public offering. The company is the latest Chinese firm to seek entry into the US public markets after Beijing eased its restrictions on its domestic private sector seeking foreign investment and listing on US exchanges. The Chinese electric vehicle startup Zeekr began trading on the New York Stock Exchange in May.