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The Latest Breaking News from China

Four Americans charged with smuggling Nvidia GPUs and HPE supercomputers to China face up to 200 years in prison —$3.89 million worth of gear smuggled in operation

U.S. prosecutors say an Alabama entrepreneur and three partners smuggled more than $3.89 million worth of restricted Nvidia GPUs and HPE supercomputers to China through Hong Kong, Malaysia, and Thailand.

Tom’s Hardware

USA Rare Earth CEO on how this space became 'the most bipartisan issue in our government right now'

Also: All the news and watercooler chat from Fortune.

Fortune

Huawei Reveals Stunning Mate80 Camera Samples Ahead of November 25 Launch

Huawei teases Mate80 series with impressive camera samples, showcasing Mate80 Pro, Pro Max, and RS ahead of the November 25 China launch.

International Business Times

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Nvidia Chips Export Plot Involving Americans and Chinese Nationals Exposed

Four individuals, including two Americans and two Chinese nationals, face federal charges for secretly exporting Nvidia AI chips to China.

International Business Times

Hong Kong charges four over online posts urging boycott of ‘patriots-only’ election

Three men and a woman accused of provoking hatred against city’s government and inciting people to not vote in next month’s legislative council election

The Independent UK

Starmer says he will ‘robustly protect our interests’ amid China trip rumours

The Prime Minister faced questions about his approach to Beijing amid rumours he will travel to China, and approve the country’s new London embassy.

Evening Standard

UK politics: Reeves ‘not even sure what the popular path is’ on the budget – as it happened

Chancellor says ‘We can’t just carry on like this and muddle through. We have to make some decisions to get on a different path’

The Guardian - UK

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Why People Want Aespa Off Japan's NYE Show – And What China Has To Do With It

A fast-rising petition in Japan opposes Aespa's New Year's Eve appearance, citing past controversy involving Ningning and rising Japan-China tensions.

International Business Times UK

Tech Brief (Nov. 21): Google Launches New Image Generation Model

Wingtech accuses the Dutch government of playing an active role in legal actions that stripped the Chinese company of control over Netherlands-headquartered chipmaker Nexperia, Intel unveils plans to offer custom chip solutions tailored to China’s fast-growing PC and cloud computing markets

Caixin Global

Jefferies’ Chris Wood called Japan’s crash and the U.S. housing bubble. He’s now warning of an ‘AI capex arms race’

“It’s completely unclear to me who’s going to monetize and make money out of all this capex,” said Wood at the Fortune Innovation Forum.

Fortune

China Recognizes The 'Superiority' Of American AI Innovation: Lawmaker Cites Threat As Nvidia Chip Smuggling Case Unfolds

An Nvidia Corp (NASDAQ:NVDA) GPU smuggling case has intensified calls in Washington for stronger safeguards to keep advanced U.S. chips out of China's hands.

Benzinga

'Pharma Bro' Martin Shkreli Begs 'Wannabe' Finance Influencers To Learn Basics As China, Malaysia Crack Down On 'Finfluencers'

Martin Shkreli, the former hedge fund manager known as the "Pharma Bro," scolded online finance personalities Thursday after they hunted for alleged red flags in Nvidia Corp.'s (NASDAQ:NVDA) third-quarter financial statements, saying many don't grasp basic accounting.

Benzinga

Four accused in black-market scheme to smuggle hundreds of Nvidia GPUs to China—while raking in millions

The smugglers are facing decades in prison for an alleged conspiracy that involved routing highly coveted chips through Malaysia and Thailand.

Fortune

Starmer ‘set to approve controversial super-size Chinese embassy’ despite espionage concerns

The prime minister has reportedly been given the green light from MI5 and MI6

The Independent UK

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Barchart

Soybean Losses Continue on Thursday

Soybeans posted losses of 9 to 13 ¾ cents on Thursday in the front months, with deferred contracts 3 to 7 ½ cents in the red. Futures continue to sell the fact as China purchases trickle in. The cmdtyView national average Cash Bean price was 13 1/2 cents lower at...

InsideEVs

The Safest Cars On Sale In Europe Now Are Chinese EVs

The Tesla Model 3 keeps its position as Europe’s safest car, but it too is made in China, and is followed by mostly Chinese cars.

The Guardian - UK

MI5 ‘very relaxed’ about proposed Chinese super-embassy in London, sources say

Senior Security Service officers told Commons speaker in private meeting they can tackle espionage risks

The Conversation

How China cleaned up its air pollution – and what that meant for the climate

Delhi: 442. Lahore: 334. Beijing: 16. These are the levels of PM 2.5, one of the principle measures for air pollution, on November 19.

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news in one place.

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Tom’s Hardware

Netherlands suspends Nexperia takeover order as China eases export curbs — de-escalation could be welcome break for automotive industry

The Dutch government has suspended its emergency order to oversee chipmaker Nexperia, returning operational control to Chinese parent company Wingtech.

Reason

Rand Paul: Congress Is 'Afraid of the President'

Sen. Rand Paul explains why he wants the Epstein files released, lays out his case against Trump’s tariffs and military strikes in Venezuela, and argues that he and Rep. Thomas Massie are the last voices in Congress still committed to libertarian ideals.

TechRadar

China’s PlushDaemon group uses EdgeStepper implant to infect network devices with SlowStepper malware in global supply-chain attacks

ESET says PlushDaemon can ploy SlowStepper malware against targets anywhere in the world.

The Guardian - US

Brother Wang, a global manhunt and the Chinese-Mexican drug nexus

Alleged trafficker Zhi Dong Zhang escaped via a tunnel in Mexico before flying to Cuba and reportedly Russia but now finds himself on trial in a Brooklyn courtroom

Tom’s Hardware

Nvidia hints at early Vera Rubin launch — on track for $500 billion in GPU sales by late 2026 despite losing China

Nvidia's Vera Rubin AI/HPC platform is now slated for a Q3 2026 launch, which will be instrumental for the company's $0.5 trillion GPU sales target despite losing the Chinese market.

Euronews

What’s causing the crypto sell-off, who is losing, and will it last?

Bitcoin has plummeted from October highs after US President Trump turned up tensions in his trade war with China. While some commentators see crypto increasingly tied to macro events, others blame trading tactics.

Tom’s Hardware

1,500% price increase on some rare earth elements squeezes chipmaking business — Yttrium surge caused by trade war between U.S. and China

Yttrium prices are surging as the trade war between China and the U.S. have caused supply to dry up.

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