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The Latest Breaking News from China

China’s Xi says tariffs undermine ‘legitimate rights’ of all countries

Chinese leader’s remarks come amid renewed hopes of a trade deal between Washington and Beijing.

Al Jazeera

Chinese PM writes to Japan stressing need to jointly fight Trump’s tariffs

China has reportedly urged Japan for a coordinated response to tariffs imposed on both nations by US president Donald Trump.

The Independent UK

UK private sector shrinks as export orders slump; state borrowing nearly £15bn above official forecast – as it happened

Gloomy business surveys for UK, Europe and US show tariffs starting to take their toll but stocks, dollar rally on hopes of US-China trade deal

The Guardian - UK

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Markets rebound as Trump signals cutting China tariffs 'substantially'

Global stock markets experienced a relief rally after US Treasury Secretary Scott Bessent indicated that high tariffs were not sustainable, raising hopes for a de-escalation in the US–China trade war. President Trump confirmed the stance and signalled that tariffs on China would be cut.

Euronews

Ukraine war briefing: Chinese making drones in Russia, Zelenskyy says

Technology might be ‘stolen’ and work not approved by Beijing; deaths in wave of overnight strikes on Ukraine. What we know on day 1,155

The Guardian - AU

Veteran Chinese Astronaut To Lead Fresh Crew To Space Station

China announced Wednesday that a veteran astronaut will lead two crew members on their first flight to the Tiangong space station, the latest milestone in the country's race to send a manned mission to the moon by 2030.

International Business Times

Tesla earnings decline as anti-Elon Musk sentiment hampers sales

Tesla’s first-quarter automotive revenue dropped 20% year-on-year due to reduced deliveries affected by anti-Musk sentiment, factory retooling, and seasonal factors. The company also faces supply chain and cost challenges linked to the US–China trade war.

Euronews

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Ukraine’s Zelenskyy claims Chinese nationals helping Russia produce drones

Kyiv summons China’s ambassador to Ukraine over the role of ‘Chinese citizens in hostilities against Ukraine’.

Al Jazeera

China reveals new team of astronauts for space station launch

China announced the members of a three-person crew that will be launched to its space station as part of its growing exploration of space

The Independent UK

Asian Markets Rally As Trump Comments Ease Fed, China Trade Fears

Asian stocks rallied with Wall Street on Wednesday after Donald Trump said he had "no intention" of firing the head of the Federal Reserve and that eye-watering tariffs on China would be slashed drastically.

International Business Times

Trump Says Won't Fire Fed Chief, Signals China Tariffs Will Come Down

Donald Trump said Tuesday he had no intention of firing the chair of the US Federal Reserve and signalled a "substantial" lowering of tariffs on China -- moves that brought relief to global markets spooked by his aggressive policies.

International Business Times

Australian shares trade up to pre-Liberation Day levels

The Australian share market has rallied alongside its Asian counterparts as glimmers of hope appear on the horizon of the US-China trade war.

AAP

Trump backs off threat to fire Fed Chair Powell, as stock market surges

Wall Street rallies after US Treasury Secretary says trade war with China ‘unsustainable’.

Al Jazeera

Trump news at a glance: president will be ‘very nice’ to China; Musk to step back from Doge

Donald Trump says tariffs on China will be dropped “substantially” as IMF warns of ‘major negative shock’ from tariffs – key US politics stories from 22 April

The Guardian - US

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news in one place.

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InsideEVs

Chinese Cars Go From 'Announced' To 'On The Road' Very Quickly

They call it “China Speed.”

International Business Times

Auto Shanghai Showcases New EV Era Despite Tariff Speedbumps

The world's largest auto industry expo opens its doors Wednesday in Shanghai, showcasing the new electric world order even as mounting trade barriers risk dampening China's global ambitions.

The Independent UK

EVs in the spotlight as China claims a leading global role at Shanghai's auto show

Leading automakers will be showcasing their latest designed-for-China models at the Shanghai auto show this week

The Guardian - UK

Trump says China tariffs will drop ‘substantially – but it won’t be zero’

US president says tariffs on imported goods will come down from 145% rate but insists ‘we’re doing fine with China’

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news in one place.

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Salon

Trump, Bessent hint at tariff cooldown

Trump administration officials have changed their tune on tariffs as new forecasts predict dark days ahead

The Independent UK

Judd Trump on top while Ronnie O’Sullivan grinds out lead at Crucible

China’s successful World Championship continued as Ding Junhui and Si Jiahui both reached the last 16.

The Independent UK

Trump admits China’s tariffs will drop ‘but it won’t be zero’

Trump’s massive import taxes have roiled stock markets since he announced them on April 1

Laptop

Gaming handhelds might be the next victim of U.S. import tariffs

Bad news for handheld gaming

Barchart

Stocks Rebound Sharply on Trade Deal Optimism

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +2.51%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +2.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.63%. June E-mini S&P futures (ESM25 ) are up +2.52%, and June E-mini Nasdaq futures...

Kiplinger

Stock Market Today: Stocks Soar on China Trade Talk Hopes

Treasury Secretary Bessent said current U.S.-China trade relations are unsustainable and signaled hopes for negotiations.

The Conversation

Port of Darwin’s struggling Chinese leaseholder may welcome an Australian buy-out

Far from causing trade frictions, an Australian buyout of the Port of Darwin lease may provide a lifeline for its struggling Chinese parent company Landbridge Group.

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