An E-Commerce Dust-Up and Foreign Private Equity Shuns China AI

E-commerce upstart Temu has sued fast-fashion sensation Shein in the U.S., accusing it of anti-competitive behavior. Will a U.S. judge agree? And big private equity has been notably absent from investing in China’s vibrant AI sector these days. Why are these big-name investors avoiding the space, and what impact might that have on the sector’s development?