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The Latest Breaking News from China

Nvidia Vs. AMD: Who Gets Hit Harder By The 15% China Revenue Tax?

NVIDIA Corp (NASDAQ:NVDA) and Advanced Micro Devices Inc (NASDAQ:AMD) recently agreed to pay the U.S. government 15% of their AI chip revenue from China — a groundbreaking arrangement driven by export license conditions. But not all chipmakers are equally exposed.

Benzinga

World’s most indebted company, China Evergrande, delisted from Hong Kong stock exchange

The collapsed property giant central to China’s real estate crisis will be delisted in Hong Kong this month, highlighting the deepening turmoil in the debt-laden sector.

Euronews

After Another Delay, Trump's China Tariffs Look Even Less Like a Legitimate 'Emergency'

The words national emergency are not a magic spell that presidents can utter to unlock unlimited legislative powers for themselves.

Reason

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A China-led global system alongside that of the US is Xi Jinping’s ultimate aim

Letters: For over a decade, China has been building an alternative to the US-led order, notes Andrew J Sinclair

The Guardian - UK

What Is Going On With Chinese EV Stocks Nio, Li Auto, Xpeng On Tuesday?

Electric vehicle makers in mainland China sold 1.26 million units in July, including passenger cars and commercial vehicles. This marked a 5% drop from June and the first month-on-month decline since May, according to the China Association of Automobile Manufacturers (CAAM). Despite the slowdown, sales still rose 27.4% year over…

Benzinga

Modder builds gaming handheld powered by an RTX 4090 laptop GPU and Intel i9-14900HX — system sports 12.5-inch 4K display, 175W mobile GPU

A China-based computing enthusiast and modder has created a gaming handheld that pushes the envelope for the form factor.

Tom’s Hardware

FTSE 100 boosted by US-China trade extension

The FTSE 100 index closed up 18.10 points, 0.2%, at 9,147.81.

Evening Standard

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China’s youth unemployment is so bad that Gen Z job-seekers are paying $7 a day to pretend to work in an office

Like U.S. college graduates, China’s young professionals are struggling to land jobs But instead of bed rot and doom spending, they’re paying up to $1800 a year to pretend to work at faux offices.

Fortune

Stocks Rally on Increased Odds for Fed Rate Cut after CPI Report

The S&P 500 Index ($SPX ) (SPY ) today is up +0.72%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +1.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.64%. September E-mini S&P futures (ESU25 ) are up +0.63%, and September E-mini Nasdaq futures...

Barchart

China cuts ties with Czech President Petr Pavel over his meeting with the Dalai Lama

China says it's suspending all contact with Czech President Petr Pavel

The Independent UK

From Ethiopia To Nepal: The EV Boom You Didn’t See Coming

How rich a country is doesn’t necessarily dictate its citizens’ desire and willingness to switch to electric power, especially with government help.

InsideEVs

Philippines blames China for South China Sea collision in disputed waters

The Philippine military has blamed China for a collision between two Chinese navy and coast guard ships in disputed waters

The Independent UK

Intel's White House Advantage: The Only Chip Giant Not Paying The China Tax

While Nvidia Corp. (NASDAQ:NVDA) and Advanced Micro Devices Inc. (NASDAQ:AMD) face a new government-imposed 15% revenue cut on AI chip sales to China, Intel is notably absent from this "China tax" club. That absence isn't luck—it's the result of Intel Corp. (NASDAQ:INTC) CEO Lip-Bu Tan's upcoming White House meeting, which…

Benzinga

Kandi Subsidiary Joins CATL's Battery Swap Network In Major Supply Deal

Kandi Technologies Group Inc. (NASDAQ:KNDI) on Tuesday said its subsidiary, China Battery Exchange (Zhejiang) Technology Co. Ltd., has signed a framework procurement deal with Contemporary Amperex Technology Co. Ltd. (OTC:CYATY), one of the world’s largest battery makers.

Benzinga

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InsideEVs

Ford’s $30,000 EV Pickup Is Basically The Electric Maverick Everyone Demanded

Today on Critical Materials: Ford's $30,000 EV will ride on the Maverick's success, China's major success is SDVs and GM's Cruise is back (kind of).

Euronews

Half of trucks produced at Scania’s €2bn production site in China will be exported

Scania’s new Chinese production facility will open in October in a bid to reduce costs in the Asian market and stay ‘close to rivals’.

Bored Panda

People Are Ruthless After Man Confesses He Was Tricked Into Buying 300 Years Worth Of Membership

A man in China was scammed out of $121,000 after paying for 300 years' worth of non-refundable gym membership passes.

The Guardian - US

In the time of tariffs, Nvidia and AMD cut unusual deals with Trump

Two chipmakers make revenue-sharing pledges, OpenAI reveals GPT-5 and AOL bids dial-up adieu

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International Business Times

Stocks Rise On Restrained US Inflation

Stock markets rose on Tuesday as US inflation data showed a still-subdued impact from US President Donald Trump's tariffs.

PC Gamer

Trump says Nvidia's 'super-duper advanced' Blackwell AI chips might be part of future China deals as long as they're 'somewhat enhanced, in a negative way'

'I think he’s coming to see me again about that, but that will be an un-enhanced version of the big one.'

International Business Times

China Evergrande Group Says To Delist From Hong Kong

Embattled property giant China Evergrande Group said Tuesday it will delist from Hong Kong Stock Exchange as a heavier-than-expected debt burden weighed on its liquidation process.

Benzinga

Beijing Asks Alibaba, ByteDance Why They Need Nvidia H20 Chips Instead Of Local Alternatives

Beijing is pressuring major Chinese tech companies, including Alibaba Group (NYSE:BABA) and ByteDance, to justify their purchases of Nvidia's (NASDAQ:NVDA) H20 artificial intelligence chips instead of opting for domestic alternatives.

International Business Times

In China's Factory Heartland, Warehouses Weather Trump Tariffs

Labourer Shuai Hang went a week without work earlier this year when sky-high US tariffs on Chinese goods overwhelmed the warehouse he works at and slowed the company's US-bound parcels to a trickle.

The Independent UK

China Evergrande to be delisted from Hong Kong stock exchange following debt woes

China Evergrande says it will be delisted from Hong Kong’s stock exchange on Aug. 25

Benzinga

Aurora Mobile's AI Agent Platform Expands Global Reach With New Data Center Options

Aurora Mobile Ltd. (NASDAQ:JG), a China-based marketing-tech and customer engagement provider, rolled out V3.0.0805 of its AI agent platform GPTBots.ai, adding dual overseas data-centre options to enhance global usability and performance.

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