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The Latest Breaking News from China

AI expansion drives up profits for Dutch semiconductor giant ASML

ASML, the Dutch semiconductor giant, has posted a rise in net profits to €2.76 billion for the first quarter of 2026 representing a 15% increase compared to the same quarter in the previous year.

Euronews

Xi calls China-Russia ties 'precious' in current international context

Chinese President Xi Jinping has praised the stability and certainty of China-Russia relations, calling them precious in the face of an international landscape intertwined with changes and chaos

The Independent UK

China-linked firm takes majority stake in Qld coal mine

Yancoal Australia is buying an 80 per cent stake in the Kestrel coking coal mine in central Queensland, Australia's largest underground coal mine.

AAP

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Do More Americans Trust Trump Over China's Xi on Global Affairs? Yes, but the Gap Tightens, Pew Survey Reveals

Pew survey shows Americans still trust Trump over Xi on global affairs, but the gap is narrowing amid rising global tensions, shifting views on China, and upcoming US-China talks.

International Business Times UK

'We Should Not Let Them Into Our Country': Ford CEO On Chinese EVs

Ford CEO Jim Farley warns that the fight against Chinese EVs isn't fair, and letting them into America could mean the final blow for U.S. auto manufacturers.

InsideEVs

China now the ‘good guy’ on AI as Trump takes ‘wild west’ approach, MPs told

Experts say China is backing attempts at global governance, while US has set up race between profit-hungry companies

The Guardian - UK

V&A censored catalogues after demands by Chinese printer

Exclusive: Victoria and Albert Museum has deleted maps and images deemed sensitive by Beijing censors from exhibition publications

The Guardian - UK

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Beijing sacks senior diplomat Sun Weidong; offers no explanation as scrutiny of top ranks intensifies

China removed its vice minister of foreign affairs, Sun Weidong, from his post, according to an official announcement by China's ministry of human resources on Tuesday. The decision was made by the state council, the country’s top administrative body. However, no reason or timeline for the removal of the top…

The Times of India

Archaeologists discover 5,000-year-old human bone cups and masks in China’s Yangtze River Delta

Recent archaeological excavations in the Yangtze River Delta, China, have revealed the complex socio-cultural practices of the Neolithic Liangzhu civilisation, dating back about 5000 years. Using remains from the Zhongjiagang site, researchers have found that human bones were routinely used as a source of functional and ritualistic objects like ‘skull…

The Times of India

China-linked tanker that tested US blockade of Hormuz makes U-turn

A US-sanctioned tanker, the Rich Starry, linked to China, appeared to reverse course in the Gulf of Oman after transiting the Strait of Hormuz. Its movements are closely watched as a test of President Trump's naval blockade, with another tanker, Elpis, also showing unusual activity near Iran.

The Times of India

China's YMTC is reportedly aiming to more than double its wafer production, which could eventually help put cheap gaming SSDs back on the menu

Paying over $160 for a basic 1 TB drive at the moment just feels like a fever dream.

PC Gamer

China Evergrande’s billionaire boss pleads guilty to fraud

Hui Ka Yan expresses remorse in trial proceedings after collapse of world’s most indebted property developer

The Guardian - UK

Péter Magyar walks line between Brussels and Beijing on China trade

The Hungarian leader, who won a landslide election last Sunday, does not plan a major policy reversal on Hungary's trade relation with China. However, he has pledged to align more closely with EU rules, balancing ties with Beijing and growing pressure from Brussels.

Euronews

Donald Trump issues a 50% tariff threat to Beijing after new intelligence ‘indicates’ a secret shipment is headed for Tehran

Threat without proof. Color me surprised.

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The Times of India

After US-Iran talks fail, China proposes four-point plan for Middle East peace

China on Tuesday outlined a four-point proposal for lasting peace in the Middle East, with foreign ministry spokesperson Mao Ning sharing details of remarks made by President Xi Jinping.

The Conversation

US naval blockade of Strait of Hormuz: what it involves and the risks attached

A US-sanctioned tanker with links to China, the Rich Starry, has transited the Strait of Hormuz, despite the US blockade of the waterway. According to the respected maritime news and intelligence agency Lloydslist, the Rich Starry is falsely registered in Malawi, but is Chinese owned and carrying a Chinese crew.…

The Independent UK

Trump’s blockade appears to be turning back tankers in the Strait of Hormuz – but Iran has a trick up its sleeve

Analysts say that Iran has already moved vast quantities of its oil offshore and a full blockade would be complex to implement

The Independent UK

Tesla leader believes Shanghai factory operations will play a role in robot mass production

A Tesla leader says he believes its Shanghai factory operations will help resolve the challenges in achieving mass production of the company’s humanoid robots

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The Independent UK

The Latest: Pakistan proposes new US-Iran talks as Vance and Trump hint at progress

Pakistani officials on Tuesday said Islamabad has proposed a second round of talks to the U.S. and Iran

We Got This Covered

Sanctioned ships call Trump’s bluff on Hormuz blockade, no action taken against them whatsoever

China says it refuses to be "bullied" by Trump.

Barchart

Stock Index Futures Gain on Hopes for Renewed U.S.-Iran Talks, PPI Data and More Big Bank Earnings on Tap

June S&P 500 E-Mini futures (ESM26) are up +0.19%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.39% this morning as risk appetite improved and oil prices fell following reports that the U.S. and Iran were weighing another round of peace talks.

Tom’s Hardware

China has spent 3.6 times more than the US on chipmaking subsidies over the past decade — $142 billion and counting, easily outweighs CHIPS Act

Semiconductor industrial policy spending in China totaled around $142 billion between 2014 and 2023, roughly 3.6 times higher than the $39 billion committed in the United States over the same period.

Euronews

Spain strengthens ties with China as Sánchez backs Beijing's Middle East role

The Spanish premier announced 19 bilateral agreements with China and urged Beijing to help broker Middle East peace, while avoiding comment on his wife's trial.

Euronews

Hormuz standoff turns into a cautious waiting game as US blockade begins

Trump claims Iran made new contact for a deal, as the first hours of the US blockade in the Strait of Hormuz show an apparent cautious approach from all sides as the fragile ceasefire is still holding. But China announces its own shipping transit agreement with Iran, warning the US…

The Times of India

How much will Iran lose? The cost of Trump’s Hormuz blockade

Following failed talks, the US has imposed a blockade on Iranian ports in the Strait of Hormuz, potentially costing Iran $435 million daily in economic damage, primarily from lost oil and petrochemical exports. This move, aimed at pressuring Iran, could also impact China's energy imports and requires significant US naval…

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