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The Latest Breaking News from China

Inside the secret Laos shops selling pangolin scales, bear bile and tiger bones to tourists

Covert footage obtained by the Guardian shows how crime networks are using souvenir shops to hide a booming wildlife trade targeted at a new influx of Chinese tourists

The Guardian - UK

Nvidia slashes list of authorized customers in Asia in a bid to reduce AI chip smuggling, report claims — company sent field inspectors, called customers to check if business is genuine after pressure from Washington

The company culled its list of verified customers, cutting out more than half of its existing client list to reduce incidents of smuggling. Remaining clients have passed more stringent checks, including physical inspections of data centers and interviews with end users.

Tom’s Hardware

China’s monthly car ‌exports top 1m for first time as overall trade soars

Country risks new tariffs from US and EU as it looks likely to match or beat last year’s record surplus of $1tn

The Guardian - UK

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S&P Futures Muted as Investors Weigh Big Bank Earnings, U.S. Inflation Data and Warsh’s Testimony in Focus

September S&P 500 E-Mini futures (ESU26) are down -0.06% this morning as investors digest earnings reports from big U.S. banks, with the focus now turning to key U.S. inflation data and Federal Reserve Chairman Kevin Warsh’s congressional testimony.

Barchart

China's AI Race Is Producing New Winners. Goldman Sachs Says A Few Models Are Pulling Ahead.

China's rapidly expanding artificial intelligence sector is beginning to produce clear leaders as companies compete to improve large language models and expand enterprise adoption.

International Business Times

China detains US seismologist who has studied North Korean nuclear tests

A Chinese-born American seismologist is detained in China for nearly two years. He faces spying charges after publishing U.S.-funded work on nuclear tests. U.S. lawmakers and advocacy groups call his detention wrongful. The U.S. administration seeks his release through diplomacy and high-level talks. China denies wrongful detention and states its…

The Economic Times

Global Market: CXMT set for July 27 Shanghai debut in Asia's biggest IPO of 2026

China's leading memory chipmaker, CXMT, is set to debut on the Shanghai Stock Exchange on July 27 after launching a 29.5 billion yuan IPO, expected to be Asia's largest this year.

The Economic Times

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China memory chipmaker CXMT sets July 27 listing for Asia's biggest IPO of 2026

ChangXin Memory Technologies plans a significant Shanghai Stock Exchange listing on July twenty-seventh. This initial public offering aims to raise nearly four point four billion dollars. The company is Asia's largest IPO this year and China's biggest semiconductor offering since two thousand twenty. CXMT, a leading DRAM chipmaker, seeks funds…

The Economic Times

China expels Politburo member Ma Xingrui in Xi’s anti-corruption campaign

A senior official has been expelled from China's ruling Communist Party, state media said Tuesday, as part of leader Xi Jinping's anti-corruption campaign

The Independent UK

What is Germany's APS Certificate and why do Indian students need it?

Indian students must obtain an APS Certificate for German university admissions. New requirements include a Digital Master Test for certain master's programs. Undergraduate applicants will need higher Class XII marks starting Winter Semester 2026-27. The APS Certificate verifies academic qualifications and document authenticity for applicants. Applying early ensures timely completion…

The Economic Times

China's exports ride AI boom as domestic economy struggles

China's exports saw a significant surge in June, driven by global AI demand and auto sales. Imports also jumped considerably, reaching a five-year high according to customs data. This strong export performance is helping China maintain its trade surplus despite domestic demand challenges. Auto exports alone surpassed one million units…

The Economic Times

AstraZeneca to license lung cancer drug from China's Dizal Pharmaceutical

Dizal Pharmaceutical shares rose significantly after announcing a major drug rights deal. AstraZeneca will pay $600 million upfront for global rights to Sunvozertinib. This targeted treatment addresses a specific genetic mutation in lung cancer patients. The agreement includes potential future payments tied to development and sales. This collaboration aims to…

The Economic Times

Meet DeepSeek's Liang Wenfeng, the Chinese entrepreneur who is now world's richest AI founder, surpassing Anthropic's Dario Amodei

DeepSeek founder Liang Wenfeng's net worth has significantly increased after a recent funding round. He is now the world's wealthiest creator of artificial intelligence models. This surge in valuation makes him a prominent figure in China's tech landscape. His company's success is attributed to early investments in computing power. Liang's…

The Economic Times

Rare earth minerals explained: Why are they the world's most strategic resources?

Rare earth minerals explained: Rare earths are vital for modern technology and defense applications. China dominates global processing, creating strategic supply chain vulnerabilities. Demand for these minerals is projected to grow significantly in coming years. India faces dependence on China for critical rare earth products. Diversifying supply chains requires substantial…

The Economic Times

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The Guardian - UK

Oil, gas and UK government borrowing costs prices jump as Middle East tensions ratchet higher – as it happened

Oil prices hit four-week highs and European shares fall after fresh US-Iran attacks and blockade on Iranian shipping

Benzinga

Nvidia Reportedly Cuts More Than Half of Its Asian AI Chip Customers Amid Tighter China Screening

Nvidia Corp. (NASDAQ:NVDA) has reportedly slashed the number of approved AI chip buyers across parts of Asia after introducing stricter compliance measures designed to prevent its advanced processors from reaching China.

The Economic Times

Born at IIT, this battery tech targets a market China doesn't dominate—yet

Offgrid Energy Labs, whose battery technology was developed through R&D in India, is betting on zinc-bromine batteries for long-duration energy storage as countries seek alternatives to China's lithium supply chain. With its first UK manufacturing facility operational, the company is targeting AI data centres, renewable energy and grid-scale storage markets…

The Economic Times

BMW races to catch up in a Chinese EV market that won't slow down

BMW faces declining sales in China after two years of reduced performance. The automaker's new electric cars are set to launch in November. Chinese rivals are developing sophisticated electric vehicles much faster. BMW's management is accused of underestimating the dynamic Chinese market. The company's future success hinges on its new…

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The Economic Times

Global Market: Chinese stocks hit three-month lows as growth worries, Middle East tensions weigh

Chinese and Hong Kong stocks fell to three-month lows on Tuesday. Investors grew cautious ahead of key economic data and Middle East tensions. China's second-quarter GDP figures are expected to show slower economic expansion. A large initial public offering is also draining market liquidity. Energy shares outperformed as oil prices…

The Times of India

China charges US seismologist who studied North Korea's nuclear tests with espionage

A Chinese-born American seismologist who carried out US-funded research on detecting North Korean nuclear tests has been detained in China for nearly two years and will also face trial on espionage charges.

Euronews

China's June exports surge 27% from a year earlier as AI boom drives strong demand

China’s exports accelerated in June, jumping 27% from a year earlier thanks partly to the boom in artificial intelligence, the customs agency said on Tuesday.

The Economic Times

China's June oil imports hit near 10-year low amid Iran war

China's crude oil imports significantly dropped in June to a ten-year low. This decline occurred as refinery operations reached their lowest point in a decade. Domestic demand weakened, and refined product exports faced curbs to ensure energy security. Natural gas imports saw a slight year-on-year increase in June. However, overall…

Bangkok Post

More than 260,000 evacuated as Typhoon Bavi brings severe floods

HONG KONG — The ⁠most powerful storm to strike mainland China this year forced more than 260,000 people to ‌evacuate their homes in northeastern Liaoning province, as Typhoon Bavi brought intense flooding.

The Economic Times

Global Market: China's upbeat trade data lifts hopes for export-linked stocks

China's exports saw a strong 27% year-on-year increase in June. Imports also climbed a significant 36%, accelerating from May's figures. This performance indicates resilient global demand and strengthening domestic economic activity. The robust trade data suggests improved industrial output and consumption within China. These positive figures are expected to boost…

The Economic Times

US panic is missing the point on Chinese AI

Since last year, I have been tracking the trend of American startups using Chinese AI. This year, the shift has become harder to ignore. But it didn’t emerge in a vacuum. China’s low-cost, open-weight push was always going to appeal to developers, the backbone of AI innovation. Washington’s wake-up call…

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