Henny Sender is the founder and managing partner of Apsara Advisory, a strategic consultancy for financial services companies. She was previously a managing director at investment company BlackRock.
The stunning debut of Chinese AI firm DeepSeek was a reminder to global investors that Chinese entrepreneurs can still challenge the technological supremacy of the U.S. -- and in so doing, give Chinese stock markets a significant boost. Since its January trough, the MSCI China index is up 20%, while most U.S. equity indexes are in negative territory. So much for American exceptionalism.
