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The Latest Breaking News from China

China offers Alibaba and other domestic giants half-price data center energy if it picks chips from Huawei over Nvidia

China offers energy subsidies to tech giants using domestic chips, seeking AI independence while confronting efficiency and performance challenges.

TechRadar

Three Chinese astronauts stranded in space after debris hits their return capsule

Three Chinese taikonauts — Wang Jie, Chen Zhongrui and Chen Dong — will be extending their stay aboard China's Tiangong space station after their return capsule was struck by a presumed piece of orbital debris on Wednesday.

LiveScience

Novo Nordisk Q3 2025 Earnings Call Transcript

Novo Nordisk A/S (NASDAQ:NVO) reported third-quarter financial results on Wednesday. The transcript from the company’s third-quarter earnings call has been provided below. NVO is having a challenging session. See if it is worth your attention here. This transcript is brought to you by Benzinga APIs. For real-time access to our entire…

Benzinga

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Putin orders nuclear testing preparations after Trump's surprise shift

Trump recently claimed that Russia and China were already carrying out nuclear weapons tests.

Axios

Space debris may have hit a Chinese spacecraft, delaying return of Shenzhou 20 astronauts

The astronauts of China's three-person Shenzhou 20 mission will wait a little longer before returning to Earth, after a suspected debris impact on their spacecraft.

Space

China bans foreign AI chips from state-funded data centers, report claims — crackdown would include removing Nvidia, AMD, and Intel chips from builds in early stages

China has reportedly issued a sweeping ban on foreign AI chips in any data center backed by government money, applying retroactively to early-stage builds.

Tom’s Hardware

Johnson Controls Sees Record Orders From Soaring Data Centers

Johnson Controls International plc (NYSE:JCI) shares rose on Wednesday after the company delivered a solid fourth quarter with strong demand in the Americas, helping offset softness in China.

Benzinga

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China’s new 5-year plan: A high-stakes bet on self-reliance that won’t fix an unbalanced economy

Every few years since 1953, the Chinese government has unveiled a new master strategy for its economy: the all-important five-year plan.

The Conversation

Raising a digital digit to Nvidia, China reportedly set to ban foreign-made AI chips from state-funded data centers

Nvidia's hopes of returning to the Chinese market continue to dwindle.

PC Gamer

Alibaba AI Crushes Rivals In Crypto Trading, Matches GPT-5 In Math

Alibaba Group Holding Ltd (NYSE:BABA) is accelerating efforts to unlock value across its businesses through breakthroughs in artificial intelligence and global technology expansion.

Benzinga

China Reportedly Bans Foreign AI Chips In State-Funded Data Centers In A Blow To Nvidia, AMD

Beijing has reportedly issued a directive banning foreign artificial intelligence (AI) chips in state-funded data centers amid an intensifying U.S.-China tech war.

Benzinga

Elon Musk's Tesla Defies China Flop, Sovereign Fund Revolt, Momentum Soars To The Top Anyway

Tesla Inc. (NASDAQ:TSLA) shares have dipped amid fresh blows from slumping China sales and a high-profile investor revolt against Elon Musk‘s eye-popping $1 trillion pay package, yet the electric vehicle giant’s underlying momentum tells a defiant tale of resilience.

Benzinga

Nasdaq Futures Slip on Weak Tech Earnings and Valuation Concerns, U.S. ADP Jobs Report in Focus

December Nasdaq 100 E-Mini futures (NQZ25) are trending down -0.57% this morning as investors digested weak earnings from notable tech players such as Advanced Micro Devices and Super Micro Computer, while concerns over lofty tech valuations continued to weigh on sentiment.

Barchart

Starbucks Bets on New Chinese Partner to Save Its Fading Empire in the World's Second-Largest Market

Starbucks partners with Boyu Capital to regain momentum in China, selling a majority stake while aiming to expand its footprint amid growing competition.

International Business Times UK

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The Guardian - UK

European markets down and Asian chipmakers tumble in global stock sell-off amid worries over AI bubble – as it happened

Deutsche Bank: Growing chorus of ‘whether we might be on verge of equity correction;’ China ends tariffs on US imports including farm goods but soy bean levies remain

The Guardian - UK

A cultural revolution? Trump’s America feels oddly familiar to those watching from China

Demands of absolute loyalty and attacks on institutions have raised memories of Mao-style chaos from US watchers in China

International Business Times UK

'We Have a Deal': Global Markets Soar as Trump and Xi Agree to Historic One-Year US-China Trade Truce

The US and China have agreed on a trade truce, boosting investor confidence worldwide. But with key commitments made, many are questioning whether this peace will hold.

Tom’s Hardware

Echoing Trump's sentiments, America's finance chief Bessent says the most advanced AI GPUs are restricted to home soil - China can have Blackwell chips once they're outdated

The U.S. Secretary of Treasury Scott Bessent has highlighted a potential future where China could get its hands on Nvidia's current-gen flagship AI chips... when they're no longer the current-gen flagships. Washington is considering letting Nvidia sell Blackwell chips to China once they're outdated by at least a year or…

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news in one place.

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Space

Watch Chinese astronauts enjoy '1st ever space BBQ' from Tiangong's brand-new oven (video)

China's Shenzhou 20 and 21 astronauts enjoyed freshly cooked BBQ aboard the Tiangong space station recently, thanks to a new microgravity oven.

Fortune

Trump’s breaking-the-china strategy isn’t working: Despite the global collateral damage, only modest progress has been made with China

Trump’s China visit revealed the weakness behind his tariff tactics, with major consequences for American businesses and consumers.

Barchart

Ahead of a ‘Beat and Raise’ Quarter, Should You Buy Nvidia Stock?

Wall Street bets on another Nvidia blowout, but rich valuations mean even a small miss could spark a sharp pullback.

Fortune

Starbucks is the latest Western brand to change tactics in China

Now the CEO can devote more time to turning around Starbucks’ U.S. business.

The Independent UK

Trump administration and private investors sign off on $1.4 billion deal with rare earth startups

The Trump administration and private investors are partnering with two rare earth startups in a $1.4 billion deal to scale up the nation’s access to materials and technology that is crucial for producing an array of high-tech goods and military equipment

The Conversation

How China spreads authoritarian practices beyond its borders

Protests erupted in Bishkek, the capital of Kyrgyzstan, in October 2020 following disputed parliamentary elections. Only four political parties out of 16 had passed the threshold for entry into parliament. Three of these had close ties to the country’s then-president, Sooronbay Jeenbekov.

The Guardian - UK

China accuses Dutch of prolonging chip war that threatens to halt car factories

Beijing tells Netherlands to ‘stop interfering’ after seizure of chipmaker Nexperia as export bans disrupt supply chain

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