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The Latest Breaking News from China

Stocks Climb Before the Open on AI Optimism, Earnings and Fed Speak in Focus

December S&P 500 E-Mini futures (ESZ25) are up +0.43%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +0.48% this morning as signs of continued strong demand for artificial intelligence helped shift investors’ attention from escalating U.S.-China trade tensions.

Barchart

Starbucks Brews A Turnaround, But Investors Want A Stronger Roast: CEO Says 'The Stock Will...' (UPDATED)

Editor's Note: This article has been updated to include a statement from a Starbucks spokesperson.

Benzinga

Trump claims Modi has agreed to stop importing Russian oil to India

Trump prepares to rope in China and Japan to agree to half energy imports from Russia

The Independent UK

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Alleged Chinese spies were accused of sharing sensitive information about MPs

Christopher Cash and Christopher Berry were alleged to have passed information to an intelligence agent.

Evening Standard

MPs to hold inquiry into collapsed China spy case after No 10 publishes key evidence

Labour MP and chair of security committee Matt Western says there are ‘a lot of questions yet to be asked’

The Guardian - UK

Ex-marine Daniel Duggan appeals extradition to US over claims of training Chinese pilots

Former U.S. Marine Corps pilot Daniel Duggan has appealed his extradition from Australia to the United States

The Independent UK

‘You’re in spy territory now’: Bombshell evidence exposes new details of China spy allegations

The newly published witness statements shed fresh light on the case, alleging communication between Christopher Cash and Christopher Berry

The Independent UK

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No 10 says Badenoch’s claim PM should have intervened to stop China spy trial collapsing ‘absurd’ – as it happened

Downing Street says had Starmer intervened he would have been interfering in a case related to a previous government

The Guardian - UK

Tories put pressure on Starmer following release of China spy case statements

Kemi Badenoch questioned why the final witness statement submitted in the case set out Sir Keir Starmer’s approach to relations with Beijing.

The Independent UK

China spy case row: Pressure mounts on Keir Starmer as witness statements are revealed

In the statements, deputy national security adviser Matt Collins called China ‘the biggest state-based threat to the UK’s economic security’

Evening Standard

China punishes officials over fireworks publicity stunt in ecologically fragile Tibet plateau

Fireworks affected about 30 hectares of grassland, leaving behind plastic debris and firework remnants that were ‘not thoroughly cleaned’

The Independent UK

Is China winning the trade war with the US?

Beijing appears unfazed by Donald Trump's threats and an export boom suggests it may be gaining the upper hand

The Independent UK

Scott Bessent Has It 'Backwards,' Says Peter Schiff: China's Economy Will 'Boom' As It Trades Less With The US

Economist Peter Schiff pushed back against Treasury Secretary Scott Bessent’s comments on U.S.-China trade, saying that Beijing's decision to reduce its reliance on American markets will strengthen, not weaken, its economy.

Benzinga

Asia Stocks Rise As Traders Weigh China-US Row, Rate Cut Hopes

Asian equities edged up Thursday as investors weighed the latest volleys in the China-US trade war and expectations that the Federal Reserve will continue cutting interest rates this year.

International Business Times

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Benzinga

Bitcoin Falls As Trump Officials Talk Tough On China; Ethereum, XRP, Dogecoin Also Drop: Analytics Firm Says Look Out For This 'Key Signal' On BTC

Leading cryptocurrencies fell on Wednesday, but stocks recovered, as the Trump administration remained resolute in its stance against China.

The Independent UK

A long-lost diary from China is shedding light on a D-Day landing mystery

The diary was by Lam Ping-yu — a Chinese officer who crossed the world to train and serve with Allied forces in Europe.

AAP

Penfolds owner's return to China not going as planned

Treasury Wine Estates had high hopes for the Chinese market after Beijing dropped crushing tariffs on Australian imports.

The Independent UK

Starmer faces more questions after publishing China spy case evidence

The CPS dropped the case after deeming the evidence did not show China was a threat to national security.

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The Guardian - UK

No 10 moves to end China spy row – but threat of further fallout lingers

Questions remain over trial collapse even as publication of key evidence scuppers Tory’s main line of attack

International Business Times

UK's Starmer Publishes Evidence In Collapsed China Spy Case

The UK government published evidence Wednesday it had submitted in now-collapsed legal proceedings against two men accused of spying for China, as Prime Minister Keir Starmer seeks to contain controversy over the failed case.

AAP

US asks Australia for help on critical minerals supply

Australia is being called upon to join the United States in the global fight against China for critical minerals dominance.

The Independent UK

China is a national security threat to the UK, spy case official warned

The release of crucial documents will pile pressure on the Crown Prosecution Service

The Guardian - UK

Questions for CPS after No 10 publishes key witness statements in China spy row

Keir Starmer releases documents submitted by deputy national security adviser to Crown Prosecution Service

Evening Standard

Security committee urges minister to block Chinese 'mega embassy' plans amid security fears

Housing and Planning Secretary Steve Reed is expected to make a decision later this month

Evening Standard

Chinese spy case evidence says Beijing carried out ‘large scale espionage’ in UK

Deputy national security adviser Matt Collins said the UK wanted a positive relationship with China but would challenge Beijing on national security.

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