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The Latest Breaking News from China

China Factory Output Slumps But Consumption Offers Bright Spot

China's factory output grew slower than expected last month as trade war pressures bit, official data showed Monday, while a bump in a key gauge of domestic consumption offered a rare bright spot for the economy.

International Business Times

Hugh White: why the AUKUS ‘dream’ was never realistic and is likely to die

The first clear sign the Trump administration was taking a long hard look at AUKUS came two weeks ago, when US Secretary of Defense Pete Hegseth gave his first major speech on US strategic policy in Asia at the annual Shangri-La Dialogue in Singapore.

The Conversation

“It’s not good”: Arm boss warns U.S. export rules on AI chips could backfire

Arm CEO Rene Haas and Nvidia’s Jensen Huang both say U.S. restrictions on AI chip exports might hurt global innovation

Laptop

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UK ‘woefully’ unprepared for Chinese and Russian undersea cable sabotage, says report

CSRI finds China and Russia may be coordinating ‘grey zone’ tactics against vulnerable western infrastructure

The Guardian - UK

Taiwan bans chip exports to Huawei, SMIC — ban comes after Huawei tricked TSMC into making two million AI processors despite US restrictions

Two of the most important companies behind China’s semiconductor self-sufficiency and AI supremacy hopes were dealt a blow on Saturday, with their addition to Taiwan’s strategic high-tech commodities entity list.

Tom’s Hardware

Robert Kubica seals emotional Le Mans 24 Hours victory for Ferrari

Poland’s Robert Kubica sealed a deserved place in motor racing history as he took victory – alongside China’s Ye Yifei and Britain’s Philip Hanson – at the Le Mans 24 Hours

The Guardian - UK

India A Voice For Global South At G7, Says Foreign Minister

India, whose leader has been invited to the G7 starting on Sunday, is eager to represent the Global South on the world stage, acting as a "bridge" between different countries, Foreign Minister Subrahmanyam Jaishankar said.

International Business Times

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RH Stock Rockets on Surprise Profit and Tariff Shift

RH stock charged higher after surprising investors with positive earnings and guidance that shows it's decreasing its reliance on China

MarketBeat

China haunts Bilderberg talks as usual suspects plot world domination

The corporate, political and tech bigwigs meeting in Sweden are worried about an ‘authoritarian axis’ – maybe AI drones will fix things?

The Guardian - US

China considers lifting sanctions on UK parliamentarians as relations warm

Exclusive: Restrictions to be reviewed as embassy official says ‘UK-China relations are showing a positive momentum’

The Guardian - UK

Taiwan adds China’s Huawei and SMIC to export control list

Taiwan’s Commerce Ministry has added Chinese chipmakers Huawei Technologies and Semiconductor Manufacturing International Corp to its export control list, as trade and technology frictions between the self-ruled island, China and the United States increase

The Independent UK

G7 summit: Who is attending and what’s on the agenda?

With Donald Trump back at the helm in the US, this week’s G7 meeting is expected to be tense after he walked out in 2018

Al Jazeera

F1 2025 qualifying head-to-head: Canadian GP

After every F1 qualifying session, Motorsport.com publishes each team's qualifying record in terms of team-mate battles.

Motorsport

Synopsys Stock Falls on China Ban, But Long-Term Outlook Holds

Synopsys is caught up in the U.S.-China trade war. Is this a reason to run, or is the long-term upside still in play for this essential chip-design enabler?

MarketBeat

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International Business Times

US Adversaries Fuel Disinformation About LA Protests

Russia, China and Iran are amplifying disinformation about protests over immigration raids in Los Angeles, researchers said Friday, adding to a surge of domestically generated falsehoods and conspiracy theories.

Fortune

What it takes to lead through volatility and uncertainty

Many of the lessons learned about resiliency during the pandemic can be applied to current geopolitical events.

Fortune

Nvidia is nixing China from its financial forecasts because U.S. restrictions on chip sales have tightened so much, Jensen Huang says

The chip executive is “10% politician, 90% CEO,” Wedbush analyst Dan Ives said. “He needs to be cautious on their financial guidance, given the China variable.”

Reason

Tariffs on Chinese Goods Drop to 55%, but That's Cold Comfort for Consumers

Triple-digit bilateral tariffs have been brought down to double digits. Negotiations on semiconductors and rare earth elements will continue.

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TechRadar

These free VPNs may have ties to China’s military – and they are still hidden in Apple and Google app stores

New research reveals 17 VPN apps with undisclosed Chinese ownership, and big tech may be making a profit

The Conversation

China’s Everest obsession: following Mallory’s footsteps a century on, I saw how tourism and climate change are transforming the mountain

To the discerning eye, other mountains are visible – giants between 23,000 and 26,000 feet high. Not one of their slenderer heads even reaches their chief’s shoulder. Beside Everest they escape notice, such is the pre-eminence of the greatest. (George Mallory, 1922)

Radio France Internationale

China to remove tariffs on African imports to boost trade

China says it will sign a new economic pact with Africa that will get rid of all tariffs on the 53 African states it has diplomatic ties with – a move that could benefit middle-income nations as they prepare for tariff hikes on products entering the United States.

The Independent UK

The deadline approaches for Trump’s ‘90 deals in 90 days.’ So far he has ‘frameworks’ for two

President Donald Trump’s sweeping ‘Liberation Day’ tariffs that he ushered in on April 2 are set to go into effect in less than a month

The Independent UK

Consumer sentiment rose in June for 1st time this year as inflation remains stayed tame

Consumer sentiment increased in June for the first time in six months, the latest sign that Americans’ views of the economy have improved as inflation has stayed tame and the Trump administration has reached a truce in its trade fight with China

The Independent UK

Long-distance stray: Cat stows away in shipping container from China to Minnesota for three-week journey

‘We’ve seen a lot over the years, but this was truly a first,’ the animal control team

The Conversation

Nuclear energy is a risky investment, but that’s no reason for the UK government to avoid it

The UK government’s investment of around £14 billion in a new nuclear power plant marks a big economic shift for the country’s approach to energy.

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