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The Latest Breaking News from China

Trump-Xi Jinping Set To Finalize Deal As US-China Deescalate Trade Tensions — Dow Futures Surge 242 Points

U.S. stock futures climbed Sunday evening following a significant breakthrough in the trade negotiations between the United States and China during the ASEAN summit over the weekend.

Benzinga

Bitcoin, Ethereum, Dogecoin, XRP Rally Amid US-China Trade Breakthrough: ETH On Track To Hit $5,000? Here Is What This Analyst Says

Leading cryptocurrencies lifted alongside stock futures Sunday as the U.S. and China reached a key trade consensus ahead of a meeting between President Donald Trump and Chinese counterpart Xi Jinping.

Benzinga

Australian shares up on hopes of US-China trade detente

Energy and interest rate-sensitive shares have led Australian market gains following reports of US-China trade tensions easing and renewed hope on rates.

AAP

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US and China agree ‘framework’ for trade deal ahead of Xi-Trump meeting

US treasury secretary anticipates tariff truce with China will be extended, and that China will revive substantial purchases of US soybeans

The Guardian - UK

Australia ‘increasingly alone’ in countering China’s influence in Pacific, aid report shows

US aid cuts hurt Washington’s standing as China recasts itself as a ‘steady’ alternative partner, Lowy Institute report finds

The Guardian - AU

Prosecution chief to be quizzed in Parliament over collapse of China spying case

Director of public prosecutions Stephen Parkinson and securocrat Matt Collins will be questioned by MPs and peers.

Evening Standard

Dow futures jump 300 points as U.S.-China trade war heads for ceasefire while Wall Street eyes another Fed rate cut and earnings from AI giants

Meta, Microsoft and Google parent Alphabet report on Wednesday, while Apple and Amazon report on Thursday.

Fortune

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Cover Story: U.S. and Chinese Chipmakers Tread Different Paths in AI Gold Rush

As U.S. tech giants pursue compute-heavy infrastructure, China bets on power in numbers with homegrown innovation and modular design

Caixin Global

US-China trade deal closing in ahead of high-stakes meeting between Trump and Xi

Beijing decided to implement tighter restrictions on rare earths exports that are needed for advanced technologies. In response, Trump threatened additional tariffs on Chinese imports.

Euronews

Trump greets trick-or-treaters at White House Halloween event as Vance warns of air travel ‘disaster’ amid shutdown: Live updates

Trump and his senior administration officials have said they will not negotiate with Democrats on policy issues until the government is reopened

The Independent UK

US and China To Pause 100 Percent Tariffs and Rare Earth Export Controls

In a major breakthrough, top economic officials from the U.S. and China have drafted a trade deal, which is expected to be finalized by President Donald Trump and Chinese President Xi Jinping.

Benzinga

US and China reach ‘final deal’ on TikTok sale, treasury secretary says

Scott Bessent said plan was part of framework for trade deal but did not share details on transferring app’s ownership

The Guardian - US

China will make ‘substantial’ purchases of U.S. soybeans and should avoid an extra 100% tariff, says Bessent—who reveals he’s also a farmer

“So I would expect that the threat of the 100% has gone away, as has the threat of the immediate imposition of the Chinese initiating a worldwide export control regime.”

Fortune

US–China reach trade framework that could avert 100% tariffs and pause rare-earth curbs — development comes as Trump and Xi prepare to meet this week

US and Chinese trade negotiators say they’ve reached a framework agreement that, if approved by both governments this week, would roll back proposed 100% tariffs on Chinese imports and pause Beijing’s escalating export restrictions on rare-earth materials.

Tom’s Hardware

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Tom’s Hardware

China's ByteDance reportedly building a Steam competitor — 'GameTop' for overseas markets will distribute and publish games like any other store, while harboring a social space with AI-assisted creator tools

ByteDance, the company behind TikTok, is reportedly creating its own Steam competitor targeted at global markets. Dubbed "GameTop," the new storefront is said to carry social features, AI-assisted creator tools, and the typical publishing/distribution that other stores like Epic Games also have. Recruitment has already begun in China.

Axios

Farm owner Bessent on soybean crisis: "I have felt this pain too"

The Treasury secretary, worth more than $500 million, says the trade war is hurting his own bottom line.

Benzinga

Consumer Tech News (Oct 20-Oct 24): Elon Musk Warns Against NASA-DOT Move, Apple Faces Antitrust Heat And More

Billionaire and SpaceX CEO Elon Musk has sharply criticized a government official’s reported plan to fold NASA into the Department of Transportation, calling it a threat to the agency’s independence and U.S. space leadership.

Axios

Bessent says "framework" deal with China will avoid 100% tariff increase

The news will likely come as a huge relief to both businesses and financial markets.

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Benzinga

Weekend Tech Round-Up: Disney-Google Dispute, Major AWS Outage, Meta's AI Shake-Up And More…

The tech world was buzzing over the week with a series of intriguing developments. From a potential blackout of Disney-owned networks on YouTube TV to the impressive sales of Apple’s iPhone 17 in China, there was no shortage of news.

The Guardian - UK

Trump sanctions have swift impact but will world stop buying Russian oil and gas?

Analysts say president’s war on Russia’s fossil fuel revenues is a chance to bring peace to Ukraine and profit to US

The Independent UK

India and China resume direct flights after five-year freeze as ties thaw

Flights from New Delhi to mainland China will begin in November

Benzinga

Apple's Legal Woes, iPhone Air Fails To Impress And More: This Week In Appleverse

It’s been a busy week in the world of tech and entertainment. Here’s a roundup of the top Apple stories that you might have missed.

Tom’s Hardware

Nexperia's China parent Wingtech declares cash-flow risk despite massive 280% profit surge - car production shutdowns loom as Dutch state tightens grip

Wingtech, the Chinese parent company of Dutch chipmaker Nexperia, has warned investors of a potential cash flow squeeze if it fails to regain operational control of its European subsidiary.

Benzinga

Elon Musk Says China's Falcon 9 Rival Might Outperform In 5 Years 'If They Are Lucky,' Notes SpaceX Will Be Launching Starship By Then

Elon Musk on Saturday stated that SpaceX's Chinese rival, LandSpace Technology's Zhuque-3 launch vehicle, might outperform the Falcon 9 "if they are lucky," but it could still take a few years.

Benzinga

US-China Trade Talks Signal Possible Trump-Xi Face-To-Face As Rare Earths Export Controls, 100% Tariff Threats Loom

U.S.-China trade discussions in Kuala Lumpur are raising hopes of a direct meeting between President Donald Trump and President Xi Jinping as both sides seek to ease escalating economic tensions.

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