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The Latest Breaking News from China

The world wants China’s rare earth elements – what is life like in the city that produces them?

More than 80% of China’s rare earth reserves are located in Baotou, an industrial hub of 2.7 million people that abuts the Gobi desert

The Guardian - AU

Oil shocks in the 1970s drove rapid changes in transport. It could happen again if Middle East tensions continue

As the world watches the US–Iran situation with concern, the ripple effect from these events are reaching global oil supply chains – and exposing their fragility.

The Conversation

Trump Mobile Quietly Removed 'Made in USA' Promise From Webpage After Being Accused of Sourcing From China

At launch, Trump Mobile proudly claimed to be "Made in the USA," but that language, as well as the release date, has since been removed.

Latin Times

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What Will It Take to Push Gold Prices to New Record Highs?

These two fundamental factors appear the most likely to have a bullish impact on prices in 2025.

Barchart

The Guardian view on China, Africa and disappearing donkeys: an unexpected crisis offers a clue to perils ahead

Editorial: The surging export of hides created domestic tensions – and shows how globalisation plays out in unexpected ways

The Guardian - UK

China vows to retaliate against Taiwan for blacklisting Huawei, SMIC from chip tech — "Such despicable acts are utterly contemptible" says China spokesperson

Taiwan's blacklisting of 601 Chinese firms, including Huawei and SMIC, over national security concerns have provoked fierce condemnation from Beijing, which threatened retaliatory measures.

Tom’s Hardware

Bipartisan bill seeks to ban Chinese AI from federal agencies, as U.S. vows to win the AI race

A bipartisan group of lawmakers on Wednesday vowed to keep Chinese artificial intelligence systems out of federal agencies while pledging to ensure the U.S. will prevail against China in the global AI competition

The Independent UK

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Over 70% of Britons Believe US Threatens Global Peace, Citing Donald Trump's Influence

The latest BSA survey revealed that Britons who believe the US is a major threat to global peace are in an all-time high.

International Business Times UK

China builds mosquito-sized spy drone

Mosquito drones can be used for ‘reconnaissance and special missions on the battlefield’, researchers say

The Independent UK

Nvidia Stock Soars Near Record High: What's Driving the Rally?

NVIDIA Corp (NASDAQ:NVDA) is continuing its remarkable run Wednesday, with shares climbing 2.6% to $151.74, near a new all-time high. The stock’s recent run completes a full recovery from a 17% drop in January, initially sparked by fears that China’s DeepSeek AI could challenge Nvidia’s market dominance.

Benzinga

Tesla Launches Robotaxi Service, Immediately Gets Attention From Feds

The National Highway Traffic Safety Administration is already looking into erratic Tesla Robotaxi driving. Plus: BYD is slowing down. Here's what it means.

InsideEVs

EU aims to create a ‘competitive’ single market for space services

The initiative comes as Europe risks further lagging behind global competitors such as the US and China. It would apply to EU and non-EU operators—excluding military activities—and it foresees support for small and medium-sized enterprises.

Euronews

Xi Jinping to skip Brics summit in Brazil after India’s Modi offered state dinner

Chinese president has never missed a Brics summit before

The Independent UK

Watch: Lorry driver left dangling over edge of 700ft collapsed bridge after landslide

This is the moment a lorry driver was left dangling precariously over the edge of a 700ft bridge in China after heavy rain caused it collapse in a landslide.

The Independent UK

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The Conversation

Blocking exports and raising tariffs is a bad defense against industrial cyber espionage, study shows

The United States is trying to decouple its economy from rivals like China. Efforts toward this include policymakers raising tariffs on Chinese goods, blocking exports of advanced technology and offering subsidies to boost American manufacturing. The goal is to reduce reliance on China for critical products in hopes that this…

Tom’s Hardware

Blacklisted Chinese GPU makers line up to file for IPOs as US sanctions and trade war take toll on AI hardware market

Amid rising demand for AI hardware in China and U.S. sanctions, China's GPU industry is rapidly expanding, with companies like Biren, Moore Threads, MetaX, and Zhaoxin pursuing IPOs to secure funding and strengthen their position.

The Independent UK

Watch: Japan launches first missile test on home soil

Japan test-fired a missile on its own soil for the first time Wednesday (25 June), marking a significant step in its military expansion aimed at deterring regional threats, including China.

International Business Times UK

After Iran, Is Taiwan Next? China Military, Russia Said To Combine Forces To Invade Asian Nation

NATO's Mark Rutte warns China and Russia could team up to invade Taiwan, escalating global tensions after Iran.

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Fortune

Trump says China 'can now continue to purchase oil from Iran'—but he hopes Beijing will buy U.S. crude instead

China currently buys around 90% of Iran’s oil exports.

Benzinga

BYD Scales Back Production Amid Profit Concerns, Rising Inventory in China

BYD Co Ltd (OTC:BYDDY) (OTC BYDDF), the Chinese electric vehicle (EV) leader, has reportedly cut back on production at its Chinese facilities due to concerns over profitability, slowing sales, and rising inventory levels.

Barchart

S&P Futures Tick Higher With Focus on Powell’s Testimony

September S&P 500 E-Mini futures (ESU25) are trending up +0.16% this morning, extending yesterday’s gains, while investors await further testimony from Federal Reserve Chair Jerome Powell for clues on the rate outlook.

Benzinga

From Cables To Vision Pro: How Luxshare Is Replacing Foxconn In Apple's Ecosystem

Consumer tech giant Apple Inc.’s (NASDAQ:AAPL) decades-long relationship with Taiwanese contract manufacturer Foxconn is undergoing a quiet but significant transition in recent months.

Euronews

Which countries will lose the most if tensions reignite around Iran?

Russia could benefit from an escalating situation in the Middle East, while China and Europe would see their economies suffer if the ceasefire between Iran and Israel fails to hold.

The Guardian - UK

Eurostar passengers suffer ‘nightmare’ disruption after ‘cable theft’ disrupts services; Nasdaq 100 tech share index hits record high – as it happened

Disruption between St Pancras and Gare du Nord after theft of cables at Lille leave passengers stranded

The Independent UK

Scientists raise ‘urgent concerns’ over new bat viruses discovered in China

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