The Latest Breaking News from China

China Strikes Back at U.S. Sanctions With New Export Ban Targeting Defense Firms

China's Ministry of Commerce announced that 10 U.S. companies, including Lockheed Martin, General Dynamics, and rare Earth producers, would be prohibited from receiving Chinese dual-use goods.

International Business Times · Jun 22

China Will Return as Major Oil Buyer in August, JPMorgan Says

China's oil purchases fell dramatically, with imports dropping to about 7.8 million barrels per day in May, their lowest level since late 2017.

International Business Times · Jun 22

Liam Lawson rejects 'false' Red Bull exit narrative, argues China performance was "used against" him

Liam Lawson has denied claims that Red Bull demoted him to protect his mental well-being

Motorsport · Jun 22

View from The Hill: Lowy poll shows Australians more pessimistic about almost everything

Australians have become much more gloomy about the economy and increasingly worried about the irresponsible behaviour of the United States in the past year, according to the Lowy Institute’s 2026 poll.

The Conversation · Jun 22

Saxby Chambliss: America can’t win the AI race without more plumbers and electricians

A $115 million program to train workers for data centers is the clearest signal that the real bottleneck in the race with China isn’t software—it’s labor.

Fortune · Jun 22

Lululemon’s China Backlash May Be Hiding a Bigger Valuation Story

Lululemon's latest gaffe has the stock at a decade-low valuation, while even cautious analyst price targets point to meaningful upside from current levels.

MarketBeat · Jun 22

India imposes anti-dumping duty on chemical imported from China, EU, US

India has slapped a five-year anti-dumping duty on a key chemical used in rubber and tyre manufacturing, imported from China, the EU, and the US. This move follows a recommendation by the Directorate General of Trade Remedies, citing dumped imports causing material injury to domestic producers. Additional duties have also…

The Economic Times · Jun 22

Business Brief (June 22): China Rolls Out Sweeping Plan to Boost AI-Driven Consumption

Beijing urges platform giants to partner with SMEs in future industries, while AI startup Zhipu completes tutoring for Shanghai IPO

Caixin Global · Jun 22

Stocks Set to Open Mixed as Investors Weigh U.S.-Iran Progress, PCE Inflation Data and Fed Speak Awaited

September S&P 500 E-Mini futures (ESU26) are down -0.10%, and September Nasdaq 100 E-Mini futures (NQU26) are up +0.11% this morning, pointing to a mixed open on Wall Street after a long weekend as investors weigh the progress of U.S.-Iran peace negotiations.

Barchart · Jun 22

Ancient hidden passage in China showcases the pinnacle of Chinese rock art and a rare blend of three faiths

A narrow stone corridor cut directly into a cliff face in south-western China continues to astonish visitors centuries after it was created. Hidden within the vast complex of the Dazu Rock Carvings, the passage is lined with towering figures sculpted into the living rock, creating the impression of walking through…

The Times of India · Jun 22