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The Latest Breaking News from China

US Senate bill seeks 100% tariffs on India, 4 other nations for buying Russian oil

A bipartisan bill introduced in the US Senate proposes 100% tariffs on imports from the top five buyers of Russian oil or gas, including India, China, Slovakia, Hungary and Azerbaijan, to pressure Russia over its war in Ukraine.

The Economic Times

China's oil imports have plunged during the Iran war. How much will they recover?

China's oil imports have significantly decreased since April. This reduction has kept global prices stable and freed up supply. Analysts are uncertain about the permanence of this demand drop. Factors like electric vehicle adoption and industrial slowdown influence future consumption. Stockpiling and fuel export policies will also shape import levels.

The Economic Times

US less reliable? India may need to open the door wider to the Dragon

US trade uncertainty is prompting fresh calls for India to deepen economic ties with China. PM Modi's economic adviser Rakesh Mohan has urged New Delhi to attract more Chinese investment, rethink RCEP, join CPTPP and strengthen manufacturing, exports and Asian supply chain integration as geopolitical and trade dynamics shift.

The Economic Times

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Trump accuses China of meddling in US elections in his speech to nation

WASHINGTON — United States President Donald Trump on Thursday spent considerable time accusing China of meddling in key US elections during a prime-time speech he delivered to the nation from the White House.

Bangkok Post

Global Market: China stocks face steep weekly losses as CXMT IPO sparks liquidity crunch fears

Chinese and Hong Kong stocks slid sharply on Friday, with mainland benchmarks headed for their steepest weekly losses in over two years. Investor sentiment weakened as concerns grew that CXMT's $8.6 billion IPO and a pipeline of large listings could drain market liquidity, triggering heavy selling in AI and semiconductor…

The Economic Times

China's Xi calls for step up of global effort in AI, as US curbs squeeze China’s tech access

Chinese President Xi Jinping said AI development and governance should be a global effort as he promised more support to other countries including those in the developing world

The Independent UK

China ‘firmly opposes’ UK nationalisation of British Steel

The UK government announced on Thursday that it had passed legislation to nationalise British Steel, previously owned by China’s Jingye Group, to protect the country’s steelmaking capacity after Jingye moved to shut the company’s blast furnaces.

Euronews

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‘China’s model is flawed’: top MEP says trade pressure could test Beijing’s stability

In an interview with Euronews, German liberal MEP Engin Eroglu, chair of the European Parliament’s delegation for relations with China, said the EU’s market of 450 million consumers gives the bloc leverage over Beijing and challenges China’s claim to global dominance.

Euronews

Global Market: CXMT's $8.6 billion IPO draws strong retail demand, but investor caution persists

Chinese memory chipmaker CXMT's IPO attracted strong retail investor interest. The retail tranche was oversubscribed by 243.93 times, showing robust demand. This oversubscription level was lower than recent Chinese listings, reflecting investor caution. Tech shares have faced volatility amid concerns over valuations and market liquidity. State media sought to reassure…

The Economic Times

Global Market: China eyes faster national infrastructure spending to steady growth amid local investment slump

China is accelerating national infrastructure projects to boost economic growth this year. This strategy aims to offset reduced local government investment and tighten spending oversight. Beijing plans significant spending on various infrastructure upgrades and high-tech industries. Local governments face debt constraints, limiting their investment capacity and borrowing. Central government responsibility…

The Economic Times

What Trump's newly declassified documents reveal about threats to US elections

US President Donald Trump on Thursday released a cache of declassified documents as evidence to highlight the vulnerabilities in the American election systems.

The Times of India

China ‘strongly dissatisfied’ following decision to nationalise British Steel

The UK Government announced it had brought British Steel under public ownership to protect the ‘future of steel production’.

Evening Standard

China ‘strongly dissatisfied’ with UK government nationalising British Steel

The UK Government announced it had brought British Steel under public ownership to protect the ‘future of steel production’.

The Independent UK

Five things to know about Trump's election fraud allegations

President Trump declassified intelligence to support his election fraud claims. He has repeatedly claimed the 2020 elections were rigged. These claims push for a restrictive voter ID law called the SAVE America Act. Intelligence reports and independent studies have undercut several of his claims. The SAVE America Act faces challenges…

The Economic Times

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Evening Standard

Trump alleges meddling by China and ‘deep state’ cover-up in 2020 election

Critics accuse the president of trying to sow confusion and spread misinformation in the run up to crucial polls in November.

Bangkok Post

China's Xi says AI should not be dominated by one country

SHANGHAI - Artificial intelligence should not be dominated by a single country, China's President Xi Jinping said on Friday, urging international cooperation on its development at a major conference in Shanghai.

Euronews

Trump revives claims of election interference during address to nation

The US president said he would declassify intelligence data that revealed China had illicitly acquired 220 million US voter files. Trump's claim contradicts reviews that have found no evidence of significant interference in the 2020 election.

The Times of India

Trump claims Obama, Biden benefited from ‘cover-up’ of China’s 2020 election meddling

US President Donald Trump on Thursday accused officials from the Obama-era intelligence establishment of concealing evidence of alleged Chinese interference aimed at undermining his administration and helping Joe Biden in the 2020 presidential election. He also claimed that documents linked to former President Barack Obama had also been found among…

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The Independent UK

What do Trump’s declassified election conspiracy documents show — and how much was known already?

Newly published materials largely rehash previous intelligence while president fails to offer evidence of fraud that cost him 2020

The Economic Times

China's Xi promotes China's commitment to AI access in speech at Shanghai conference

President Xi Jinping highlighted people-centered AI development at the World Artificial Intelligence Conference. He stressed China's commitment to equitable AI access for developing nations. This initiative aims to prevent new historical injustices in artificial intelligence. China plans international cooperation with African and BRICS countries.

The Times of India

'Cyber threat to democracy': Trump claims Russia, China, Iran, North Korea can compromise US election systems

US President Donald Trump on Friday alleged that Russia, China, Iran, North Korea and non-state actors possess the capability to compromise America's election infrastructure.

France 24

China's Xi urges global cooperation on AI, warns against single-country dominance

Chinese President Xi Jinping said on Friday artificial intelligence should not be dominated by any single country, calling for greater international cooperation on AI development and governance at a major conference in Shanghai. His remarks come as Chinese AI firms challenge US rivals and concerns grow over AI's military, cyber…

The Guardian - US

How Trump’s address was bluntly aimed at destabilizing the US electoral system

US president using office and intelligence agencies to try to undermine confidence in elections before midterms

The Times of India

'China stole data of 220 million US voters': Trump blames Beijing as he releases files on 2020 polls

President Donald Trump alleged China compromised 220 million American voter files. He announced declassification of intelligence documents regarding election interference. Trump claimed intelligence officials concealed this information from him and Congress. He stated that election systems are vulnerable and easily compromised. This announcement comes as Republicans prepare for upcoming midterm…

The Economic Times

China's Moonshot unveils world's largest open AI model, closing in on US rivals

The launch, which comes a month after Anthropic's Fable and Mythos models were abruptly withdrawn by the U.S. government due to security concerns, underscores how quickly China's open AI ecosystem is narrowing the gap with the most advanced U.S. systems.

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