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The Latest Breaking News from China

Nvidia Agrees To The 'Dragon Fee' — Is A 25% Trump Tax Worth The Shot At Unrivaled Market Dominance?

Nvidia Corp (NASDAQ:NVDA) just signed up for what traders are calling the ‘Dragon Fee’ — a built-in 25% Donald Trump-imposed skim on U.S. AI chip revenue tied to China. The catch-and-release policy lets Nvidia keep shipping H200 accelerators into the world's fastest-growing AI market, but only if Jensen Huang agrees…

Benzinga

Ignore the Entertainment Companies

Plus: Lost Vegas, Gen Z listlessness, Kushner mystique, Nvidia goes to China, and more...

Reason

War of words between China and Japan is fuelling real tension in the Asia-Pacific region

In a now deleted social media post, the Consul General of the People’s Republic of China to the Japanese city of Osaka recently threatened to “cut off” Japanese Prime Minister Sanae Takaichi’s “filthy head.”

The Conversation

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

What Is a Chinese Fat Prison and What Exactly Happens on the Inside?

An Instagram user's detailed posts reveal the strict routine, low cost, and closed-gate system behind a month-long Chinese weight-loss programme.

International Business Times UK

Trump approves Nvidia H200 exports to China, with 25% fee attached — report suggests that companies will have to follow strict Beijing rules to import foreign chip, AMD and Intel to benefit from policy shift

The U.S. will allow Nvidia to export its H200 data center accelerators to “approved customers” in China, President Donald Trump announced on Monday.

Tom’s Hardware

Two more perps apprehended over smuggling of $160 million of Nvidia chips to China — DOJ says H100 and H200 shipments were relabelled with a fictional brand to dodge export controls

Several suspects have been apprehended for allegedly violating export control laws regarding the supply of Nvidia H100 and H200 AI chips to China.

Tom’s Hardware

ASML under fire for selling DUV equipment to Chinese firm with military ties, says the machines are not subject to export controls — fears grow that 'old technology' will bolster Beijing's quantum effort

Dutch chip manufacturing design firm, ASML, has been accused of selling chip fabrication hardware to a Chinese defence firm tied to the ruling party. Although it claims the technology was old, it has raised concerns over its potential use in developing new quantum technologies, particularly with military applications.

Tom’s Hardware

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‘This is a tough league’: Temwa Chawinga on coping without her sibling and starring in NWSL

In an exclusive interview the younger Chawinga sister talks about missing her older sibling Tabitha, her hopes for Malawi and life at Kansas City Current

The Guardian - UK

S&P Futures Muted Ahead of FOMC Meeting and U.S. JOLTs Report

December S&P 500 E-Mini futures (ESZ25) are trending up +0.02% this morning as investors gear up for the start of the Federal Reserve’s two-day policy meeting, while also awaiting the delayed reading on U.S. job openings.

Barchart

DoJ takes down sophisticated network smuggling $160m worth of AI chips to China

Chips are still going to China, just not through illegal channels.

TechRadar

Trump Unleashes Fury at Supreme Court Over Tariffs as 'National Security at Stake'

Donald Trump lashes out at the Supreme Court, claiming any tariff setback would cripple US security as trade tensions intensify worldwide.

International Business Times UK

Trump's Tariffs Have Failed To Slow China's Export Machine As Growth Holds Firm At 5%: 'Hard To See This Last Though,' Says Leading Economist

China's ability to reroute its trade flows and maintain its robust economic momentum despite trade tensions with the United States is drawing fresh attention from global policymakers.

Benzinga

ASML's China Dealings Stir Tension After Military Link Report

ASML Holding NV (NASDAQ:ASML) faces renewed global scrutiny as reports highlight its customer exposure in China, while strong demand for its critical chipmaking tools continues to underpin its long-term growth outlook.

Benzinga

Trump's trade wounds force White House into action

Recent adjustments suggest the American economy is not seamlessly adjusting to his abrupt trade policy shifts.

Axios

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Euronews

President Trump gives Nvidia green light to sell H200 chips to China

The US government said the approval, which comes in exchange for a 25% surcharge, would also be available to other chipmakers like Intel and AMD.

The Independent UK

Chinese premier cites damage from US tariffs, as China's surplus surpasses $1 trillion

China's premier says higher tariffs have dealt a “severe blow” to the world economy, even as China's own trade surplus has surged past $1 trillion

The Guardian - UK

Food Delivery: Fresh from the West Philippine Sea review – gripping trip along supply lines in China standoff

A gripping film captures the fraught contests, lonely outposts and human toll of the Philippines’ struggle to assert sovereignty against China

Benzinga

US Arrests Chinese Duo In Nvidia Chip Smuggling Scheme As Trump Loosens China Export Rules

Two Chinese nationals have been arrested by the U.S. Justice Department for allegedly smuggling Nvidia Corp (NASDAQ:NVDA) chips to China.

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news in one place.

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Fortune

In race to end China’s chokehold on critical minerals, the U.S. needs all the friends it can get

From Australia to Kazakhstan to Greenland, the U.S. requires critical minerals mining and processing partnerships around the world to achieve its goal of independence from China.

The Independent UK

MPs pledge support as Jimmy Lai spends 78th birthday in prison ‘for believing in freedom of speech’

British media tycoon’s children raise alarm over his failing health in Hong Kong jail

The Guardian - UK

BoE predicts budget measures will lower inflation, and denies uncertainty caused unusual bond market volatility – as it happened

Rolling coverage of the latest economic and financial news, as Bank of England policymakers testify to MPs on the Treasury committee

The Guardian - UK

China’s record trade surplus reveals its biggest strength – and hidden weakness

Booming Chinese exports have driven trade surplus past $1tn but also reveal the extent of country’s reliance on foreign markets

International Business Times UK

Xiaomi 17 Pro Max Aligns For Global Launch With India Gearing Up Next

Launching in China in September 2025, the flagship Xiaomi 17 Pro Max is set for a worldwide release, with India next in line (expected February 2026).

Axios

2 businessmen detained over scheme to smuggle Nvidia chips to China, DOJ says

"The country that controls these chips will control AI technology; the country that controls AI technology will control the future."

International Business Times UK

Nvidia Cleared to Sell H200 Chips to China, Resetting AI Power Dynamics

In a major trade policy shift, President Donald Trump announced the removal of export controls on Nvidia's H200 chips for 'approved customers' in China, reversing a key restriction.

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