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The Latest Breaking News from China

Is Washington Handing China A Win With Nvidia Sales?

Nvidia (NASDAQ:NVDA) stock is taking a hit Friday as a U.S. government decision to permit the chip giant to resume sales of its H20 AI chips to China faces strong opposition from House Select Committee on China Chairman John Moolenaar.

Benzinga

PM's China stance hailed by Taiwan despite criticisms

The prime minister used a six-day trip to China to signal a willingness to boost Australia's trading ties while balancing concerns over Beijing's aggression.

AAP

Decoding hints that Xi Jinping may be under pressure to relinquish some of his power

Political and economic pressures might force Chinese president and overall leader Xi Jinping to delegate some of his powers to his deputies in a highly significant move. This has prompted some observers and media outlets to speculate that Xi’s grip on power may be waning.

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

Inside Taiwan’s largest ever military drill – and why it sends China a clear message

IN DEPTH: For ordinary citizens in Taiwan, a Chinese invasion is no longer just a talking point at the dinner table. As military threats from Beijing rise, the Han Kuang drills are helping the public prepare for the worst-case scenario, Arpan Rai reports

The Independent UK

Tesla Opposes Tariffs On This Key EV Battery Material

We also discuss the AI voice assistant in the new Mercedes CLA and Mitsubishi’s plans to launch hybrids in the U.S.

InsideEVs

Meituan Cries 'Irrational!' As Alibaba Escalates Delivery Battle

Alibaba Group (NYSE:BABA) escalated China’s instant delivery price war by launching a massive 50 billion Chinese yuan subsidy program for consumers and merchants on its Taobao Shangou platform, intensifying an already cutthroat battle for market share against JD.com (NASDAQ:JD) and Meituan (OTC:MPNGY).

Benzinga

3M, Caterpillar, Cummins To Visit Beijing For Rail Supply Chain Talks As China Takes A Dig At US High-Speed Rail Delays

China's high-speed rail progress will take center stage at the US-China Rail Transit Industry Roundtable in Beijing, where U.S. firms like Westinghouse Air Brake Technologies Corp (NYSE:WAB), Caterpillar (NYSE:CAT), Cummins (NYSE:CMI), L B Foster Co (NASDAQ:FSTR) and 3M Co. (NYSE:MMM) will participate.

Benzinga

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Breaking China's Stranglehold on Rare Earth Elements

China is using its near-monopoly on critical minerals to win trade concessions. Can the U.S. find alternate supplies?

Kiplinger

Autoliv's Q2 Pops On Solid Tariff Recovery, But China Overhang Pressures Stock

Autoliv, Inc. (NYSE:ALV) topped second-quarter earnings on strong margins and tariff gains, but China headwinds dragged shares lower in Friday’s premarket.

Benzinga

Chinese state-sponsored cyberattacks target Taiwan semiconductor industry — security firm says motivation of three separate campaigns 'most likely espionage'

China-linked hackers are targeting Taiwan’s chipmakers and U.S. analysts with spear-phishing, Cobalt Strike, and custom malware. At least 15–20 organizations were hit since March, as Beijing seeks semiconductor self-sufficiency amid U.S. export controls.

Tom’s Hardware

China pledges to crack down on illicit exports of rare earths, urges US to lift more trade controls

China's Ministry of State Security says it is cracking down on alleged smuggling of rare earths materials that it says threaten national security

The Independent UK

5 Everyday Items That Could Get More Expensive After Trump’s Trade Deal With China

Here's a look at five everyday items that could become more expensive after President Trump's trade deal with China goes into effect.

GOBankingRates

“There is a real risk that new DJI drones would be prevented from entering the US market.” With less than six months until a drone-banning deadline, DJI urges lawmakers to act

DJI warns that a drone ban could have devastating effects on businesses and first responders, yet a government-mandated security review has yet to start

Digital Camera World

S&P Futures Gain as Strong U.S. Economic Data and Earnings Boost Optimism

September S&P 500 E-Mini futures (ESU25) are trending up +0.19% this morning, extending yesterday’s gains as rising confidence in the strength of the U.S. economy and positive earnings reports bolstered investors’ risk appetite.

Barchart

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The Independent UK

China issues safety warning for its nationals studying in the Philippines

China’s Education Ministry has issued a safety warning for Chinese students in the Philippines, following what it describes as a series of criminal incidents targeting Chinese nationals

The Guardian - UK

Company insolvencies fall in England and Wales, in ‘glimmer of relief’; Trump blasts Fed board – as it happened

Rolling coverage of the latest economic and financial news

Al Jazeera

Tesla finally parks in India. But can it survive?

Elon Musk’s EV giant has launched its Model Y in Mumbai, but its $70,000 price tag may be its biggest speed bump.

The Guardian - UK

‘Keeping us hooked on fossil fuels’: how can we negotiate with autocracies on the climate crisis?

The bulk of global greenhouse gas emissions come from countries that are not democratic, and many big oil and gas exporters are also authoritarian

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International Business Times

China Mulls Economy-boosting Measures To Counter 'Severe Situation'

China is prepared to take measures and has a "plentiful" toolbox to avoid an economic slump in the second half of the year, its commerce minister said Friday as he admitted it faced a "very severe and complex situation".

GOBankingRates

I Asked ChatGPT To Explain Tariffs Like I’m 12 — Here’s What It Said

Tariffs are complicated, but ChatGPT breaks them down so a 12-year-old could understand. Find out how tariffs work and how they could affect you.

AAP

Family plead for alleged China pilot trainer's freedom

Australian Daniel Duggan faces up to 60 years in prison for allegedly training Chinese military personnel after leaving the US Marine Corps.

The Conversation

Pragmatic engagement – what Albanese’s visit reveals about China relations in a turbulent world

The Albanese government has faced an increasingly uncertain world since its re-election in May.

Windows Central

Watch Blizzard's insane China drone show for World of Warcraft's 20thanniversary — Blizzard also announces a crazy, China-exclusive "Raid Rush" server that I wish the rest of the world could play

Social media has spotted footage of China hosting an epic drone show in honor of World of Warcraft's 20th anniversary. Around the same time, NetEase, the main operator for World of Warcraft in China, hosted a livestream showcasing new gameplay info for Chinese players and for the world at large.

Barchart

S&P 500 and Nasdaq 100 Rally to Record Highs on a Resilient US Economy

The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.54%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.52%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.74%. September E-mini S&P futures (ESU25 ) rose +0.59%, and September E-mini Nasdaq futures (NQU25...

Space

Lunar lava tubes on Earth? China completes underground moon simulation test area (video)

China has taken a new step in its long-term planning for lunar exploration with the completion of a "simulated moon underground space."

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