The Latest Breaking News from China

China sets up high-altitude drone hub in Tibet to boost border operations

China launched a drone research center near Mount Everest in Tibet. This facility will develop unmanned aerial vehicles for high-altitude operations. The center aims to bolster border patrols and logistics in challenging terrain. It also supports China's technological competition with the United States. The initiative addresses regional needs and fosters…

The Economic Times · Jul 30

Is Pakistan facilitating Chinese missile shipments to Iran? Islamabad responds

Pakistan's military has strongly denied reports of facilitating Chinese weapons transit to Iran. These claims emerged amid ongoing tensions between Iran and the United States. The Pakistani army dismissed all such speculations as baseless and untrue. This situation highlights Pakistan's careful balancing act between China and Washington. The denial comes…

The Times of India · Jul 30

Global Market: China, Hong Kong stocks slip as AI selloff hits chip shares; defensive sectors gain

China's equity markets tumbled on Thursday as a global selloff in AI-linked stocks triggered steep declines in semiconductor and optical transceiver shares. While technology stocks came under heavy pressure amid valuation concerns, investors shifted towards defensive sectors such as consumer staples, liquor producers and banks.

The Economic Times · Jul 30

Trump says he'd be 'quite disappointed' if China arms Iran

President Trump stated he would be disappointed if China supplied weapons to Iran. He recalled President Xi Jinping's personal assurances against such arms transfers. Reports indicated Iran might receive Chinese missiles and air defense systems soon. Trump also mentioned similar assurances from Russian President Putin regarding Iran. He trusts these…

The Economic Times · Jul 30

In the 1960s, China sent hundreds of young foresters into a dying landscape. Today it is home to the world's largest man-made forest

Hundreds of young foresters began rebuilding a forest in northern China. They faced harsh conditions and repeated failures while planting trees. Over decades, their efforts created one of Earth's largest human-made forests. This forest now protects against desert expansion and wind erosion. It also provides significant carbon storage and wildlife…

The Times of India · Jul 30

Nvidia's Most Advanced AI Servers Reached China Despite US Export Controls, Alleged Scheme Shows

Taiwan is investigating an alleged scheme that used forged documents to divert Nvidia GB300 AI servers to China despite US export controls.

International Business Times UK · Jul 29

NASA Reauthorisation Act Advances as Lawmakers Warn Us Cannot Lose Space Race to China

Republican congressmen are advocating for secure NASA funding as China advances its Moon landing plans. The NASA Reauthorisation Act of 2026, backed by bipartisan support, aims to maintain U.S. space leadership.

International Business Times UK · Jul 29

Inside China’s two-speed economy: Why goods consumption is slumping even as exports and services boom

From collapsing car sales to booming services and AI-linked manufacturing, China’s growth engines are pulling in sharply different directions.

Fortune · Jul 29

US stocks: US market closes down sharply after Fed holds rates unchanged

Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports. Investors are concerned about the sustainability of AI spending and increasing competition from China. Major companies like Microsoft and Meta Platforms are set to release…

The Economic Times · Jul 29

Why Japanese and Chinese Stocks Are Diverging and How to Play Them Here

In regional equity allocation, Japan and China often act as a financial seesaw. When one market attracts international inflows, the other frequently suffers outflows.

Barchart · Jul 29