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The Latest Breaking News from China

China spy row: what do the witness statements say and what is their significance?

Statements are at heart of row about who, if anyone, was to blame for collapse of case against two men accused of spying

The Guardian - UK

China spy case decision taken ‘purely’ by CPS – minister

The minister also rejected accusations of political interference by Sir Keir Starmer’s Government as ‘completely untrue’.

The Independent UK

Europe's defence wake-up call: why innovation can't wait

The continent faces a critical choice: continue relying on legacy defence contractors or rapidly embrace the technological revolution reshaping warfare.

Fortune

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Big networking software hack seemingly backed by China poses a 'significant cyber threat targeting federal networks'

The exfiltrated data relates to networking software used by big companies and government organisations.

PC Gamer

The China spy case evidence raises more questions than it answers

EXPLAINED: Political correspondent Archie Mitchell runs through what we know – and the unanswered questions – about the collapsed China spy case

The Independent UK

Business Brief (Oct. 16): China’s Credit Growth Beats Expectations

Consumer prices fell year-on-year in September, spot gold soars to new record of over $4,200 an ounce

Caixin Global

Stocks Climb Before the Open on AI Optimism, Earnings and Fed Speak in Focus

December S&P 500 E-Mini futures (ESZ25) are up +0.43%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +0.48% this morning as signs of continued strong demand for artificial intelligence helped shift investors’ attention from escalating U.S.-China trade tensions.

Barchart

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Starbucks Brews A Turnaround, But Investors Want A Stronger Roast: CEO Says 'The Stock Will...' (UPDATED)

Editor's Note: This article has been updated to include a statement from a Starbucks spokesperson.

Benzinga

Trump claims Modi has agreed to stop importing Russian oil to India

Trump prepares to rope in China and Japan to agree to half energy imports from Russia

The Independent UK

Alleged Chinese spies were accused of sharing sensitive information about MPs

Christopher Cash and Christopher Berry were alleged to have passed information to an intelligence agent.

Evening Standard

MPs to hold inquiry into collapsed China spy case after No 10 publishes key evidence

Labour MP and chair of security committee Matt Western says there are ‘a lot of questions yet to be asked’

The Guardian - UK

Ex-marine Daniel Duggan appeals extradition to US over claims of training Chinese pilots

Former U.S. Marine Corps pilot Daniel Duggan has appealed his extradition from Australia to the United States

The Independent UK

‘You’re in spy territory now’: Bombshell evidence exposes new details of China spy allegations

The newly published witness statements shed fresh light on the case, alleging communication between Christopher Cash and Christopher Berry

The Independent UK

No 10 says Badenoch’s claim PM should have intervened to stop China spy trial collapsing ‘absurd’ – as it happened

Downing Street says had Starmer intervened he would have been interfering in a case related to a previous government

The Guardian - UK

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Evening Standard

China spy case row: Pressure mounts on Keir Starmer as witness statements are revealed

In the statements, deputy national security adviser Matt Collins called China ‘the biggest state-based threat to the UK’s economic security’

The Independent UK

Tories put pressure on Starmer following release of China spy case statements

Kemi Badenoch questioned why the final witness statement submitted in the case set out Sir Keir Starmer’s approach to relations with Beijing.

The Independent UK

China punishes officials over fireworks publicity stunt in ecologically fragile Tibet plateau

Fireworks affected about 30 hectares of grassland, leaving behind plastic debris and firework remnants that were ‘not thoroughly cleaned’

The Independent UK

Is China winning the trade war with the US?

Beijing appears unfazed by Donald Trump's threats and an export boom suggests it may be gaining the upper hand

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Benzinga

Scott Bessent Has It 'Backwards,' Says Peter Schiff: China's Economy Will 'Boom' As It Trades Less With The US

Economist Peter Schiff pushed back against Treasury Secretary Scott Bessent’s comments on U.S.-China trade, saying that Beijing's decision to reduce its reliance on American markets will strengthen, not weaken, its economy.

International Business Times

Asia Stocks Rise As Traders Weigh China-US Row, Rate Cut Hopes

Asian equities edged up Thursday as investors weighed the latest volleys in the China-US trade war and expectations that the Federal Reserve will continue cutting interest rates this year.

Benzinga

Bitcoin Falls As Trump Officials Talk Tough On China; Ethereum, XRP, Dogecoin Also Drop: Analytics Firm Says Look Out For This 'Key Signal' On BTC

Leading cryptocurrencies fell on Wednesday, but stocks recovered, as the Trump administration remained resolute in its stance against China.

The Independent UK

A long-lost diary from China is shedding light on a D-Day landing mystery

The diary was by Lam Ping-yu — a Chinese officer who crossed the world to train and serve with Allied forces in Europe.

AAP

Penfolds owner's return to China not going as planned

Treasury Wine Estates had high hopes for the Chinese market after Beijing dropped crushing tariffs on Australian imports.

The Independent UK

Starmer faces more questions after publishing China spy case evidence

The CPS dropped the case after deeming the evidence did not show China was a threat to national security.

The Guardian - UK

No 10 moves to end China spy row – but threat of further fallout lingers

Questions remain over trial collapse even as publication of key evidence scuppers Tory’s main line of attack

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