The Latest Breaking News from China

The Right Way To Fight a Trade War

Economist Soumaya Keynes discusses Trump’s tariff policies, how China changed the global economy, and why trade wars require restraint.

Reason · Jun 26

Could China’s 6-tonne autonomous aircraft change who controls tomorrow’s skies, as the Lanying R6000 signals a dramatic aviation shift ahead?

China’s 6-tonne autonomous tilt-rotor aircraft is one of the largest unmanned aircraft developed for low-altitude transport and heavy-lift operations. Unlike conventional drones, it takes off and lands vertically like a helicopter before rotating its propellers to fly forward like an airplane. The successful test flight of the Lanying R6000 demonstrates…

The Economic Times · Jun 26

Xi backs Bangladesh in upholding sovereignty, 'rejecting foreign interference' in talks with PM Rahman

Chinese President Xi Jinping pledged unwavering support for Bangladesh's sovereignty and rejection of foreign interference during Prime Minister Tarique Rahman's visit. Beijing also offered backing for Rahman's government and proposed a new economic corridor linking Bangladesh, Myanmar, and China. Discussions covered port modernization, a '2+2 dialogue' mechanism, and Mandarin's inclusion…

The Economic Times · Jun 26

Business Brief (June 26): China, U.S. to Establish Trade Council

Alibaba sues U.S. Department of Defense, China sets renewable energy targets for 2030

Caixin Global · Jun 26

Taiwan opposition stalls government's $6.6 billion drone bill

Taiwan's parliament, controlled by the opposition, has blocked a $6.6 billion government plan for domestically produced drones crucial for island defense against China. Lawmakers from the KMT and TPP are demanding their own proposals, citing concerns over the current bill's structure and past objections.

The Economic Times · Jun 26

Chinese AI, chip firms are driving an onshore IPO rebound

China's tech IPOs are experiencing their strongest year since 2023, driven by Beijing's push for self-reliance in chip and AI sectors amid US rivalry. Over $3.1 billion has been raised by tech firms this year, with nearly 50 companies seeking listings. This surge offers crucial exit opportunities for investors and…

The Economic Times · Jun 26

China backs Bangladesh's new government: Xi tells PM Tarique Rahman

Bangladesh Prime Minister Tarique Rahman concluded his Beijing visit by meeting President Xi Jinping, who pledged China's support for Dhaka's new administration and high-quality Belt and Road cooperation. Discussions also explored collaboration in green development, digital economy, and AI.

The Economic Times · Jun 26

Chess: Carlsen’s four defeats in a row – just a blip or the start of a career downturn?

The world No 1 has had difficult periods previously, but at 35 and a wealthy family man, could he now be tempted towards a more relaxed lifestyle?

The Guardian - UK · Jun 26

India swings to premium on price retreat; China demand muted

Indian gold markets are seeing a premium return after a price dip, with buyers cautiously re-entering despite affordability concerns. This revival is fueled by falling international prices and a strengthening rupee. Meanwhile, China's physical demand for gold has noticeably weakened, with jewellery sales and household caution impacting the market, though…

The Economic Times · Jun 26

Bangladesh urges China to reduce trade gap

Bangladesh's Prime Minister Tarique Rahman urged China to reduce the trade gap and diversify exports during his Beijing visit. He sought support for major projects and industrial upgrades. China expressed willingness to import more Bangladeshi products and invest in emerging sectors.

The Economic Times · Jun 26