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The Latest Breaking News from China

Dollar Rebounds on US Trade Deal Optimism

The dollar index (DXY00 ) Tuesday rose by +0.65%. The dollar rallied moderately Tuesday and rebounded from Monday's 3-year low. Short covering emerged in the dollar Tuesday on trade deal optimism after US trade negotiators said they have made "significant progress" toward a bilateral trade deal with India following talks...

Barchart

Audi's First China-Only Car Has Huge Power

We've seen teasers from all-caps AUDI for several months. Now, the first car from the new China-specific version of Audi is here. Say hello to the E5 Sportback, an electric-only four-door hatch available with up to 776 horsepower. And you won't see it anywhere else in the world.

Motor1

US Treasury Chief Expects China Tariff Impasse To De-escalate

The trade standoff between Washington and Beijing is not sustainable, US Treasury Scott Bessent said Tuesday, predicting the tit-for-tat tariff war would de-escalate soon.

International Business Times

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Chinese tech companies want to enter the US market despite trade and tariff war

These Chinese companies are reportedly considering IPOs in the US despite the ongoing trade war.

TechRadar

US Treasury secretary says trade war with China is not 'sustainable'

U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown with China is unsustainable and expects a “de-escalation” in the trade war between the world’s two largest economies

The Independent UK

Why Trump's curbs on Nvidia's China sales may not be enough to contain Beijing's AI ambitions

The U.S.'s policy goals may not be coherent, while China's own chip efforts and distributed AI training grow more capable.

Fortune

Markets Soar As Treasury Secretary Reportedly Says Tariff Standoff With China Is Unsustainable And Set To De-Escalate

Markets are soaring after Bloomberg reported on Tuesday that Treasury Secretary Scott Bessent said the tariff standoff with China is unsustainable

Latin Times

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Hyper-realistic dolls and a fake KFC: I toured the bizarre China facility where OnePlus tests its phone cameras

We took a tour of the China testing facility where OnePlus tests its phone cameras.

TechRadar

Fujifilm’s trendiest cameras from the X100VI to the X-M5 are hard to find. Tariffs are about to make it worse

Fujifilm has paused pre-orders in the US for three cameras – and as an American Fujifilm user, I'm worried

Digital Camera World

Stocks Climb on Trade Deal Optimism and Strong Q1 Earnings

The S&P 500 Index ($SPX ) (SPY ) today is up +1.82%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +1.91%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.13%. June E-mini S&P futures (ESM25 ) are up +1.98%, and June E-mini Nasdaq futures...

Barchart

EU Decoded: Is the EU losing the geopolitical race for critical raw minerals?

The EU wants to cut reliance on powers like China for mineral supplies by the end of the decade. As geopolitical tensions boil, EU Decoded asks whether the bloc can keep up with its competitors.

Euronews

Volkswagen Wants A China Comeback With These New Cars

People often forget this today, but Volkswagen was among the earliest Western automakers to break into China. It launched a joint venture with the locals at SAIC in 1984, and that was the start of decades of sales and profits in what became the world's biggest car market. For its…

InsideEVs

EU won't decouple from China as condition for reaching trade deal with Trump

Despite the latest developments, the EU's policy on China will remain based on "de-risking" rather than "decoupling", Brussels has said.

Euronews

Stocks Rebound on Trade Deal Optimism

The S&P 500 Index ($SPX ) (SPY ) today is up +1.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +1.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.43%. June E-mini S&P futures (ESM25 ) are up +1.54%, and June E-mini Nasdaq futures...

Barchart

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International Business Times

IMF Slashes Global Growth Outlook On Impact Of US Tariffs

The International Monetary Fund on Tuesday slashed its forecast for global growth this year, citing the effect of US President Donald Trump's new tariff policies on the world economy.

International Business Times

IMF Slashes China Growth Forecasts As Trade War Deepens

The IMF said Tuesday it now believed China's economy will only grow by four percent this year, well below Beijing's official target as it fights a mounting trade war with the United States that threatens to hammer the global economy.

The Independent UK

US, global economic outlook worsens in the face of Trump's tariffs, IMF says

The outlook for the U.S. and global economies this year and next has significantly worsened in the wake of President Donald Trump’s tariffs and the uncertainty they have created

InsideEVs

We're At The Shanghai Auto Show To See The Future

When automotive executives in the United States and Europe talk about electric vehicles, they usually talk about tomorrow: the need to prepare for some vaguely defined "future" where their customers are largely moving beyond gasoline. But in China, that's not the future at all. It's the present.

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Fortune

Trump had a ‘test case’ for trade negotiations with Japan. The failure to reach a deal now has analysts wondering if any will be signed

Trump’s team had hoped for some quick wins when it came to tariff negotiations. That’s looking increasingly unlikely.

The Independent UK

Chinese company announces another huge advance in EV battery technology

CATL manufactures around one-third of the world’s electric vehicle batteries and supplies 16 of the leading global automakers

GamesRadar

Publisher behind beloved board game Spirit Island shuts, but the designer is "certainly not done with the game"

Greater Than Games has been shuttered due to the US-China tariffs, but all hope is not lost for Spirit Island.

International Business Times

Myanmar Rebels Prepare To Hand Key City Back To Junta, China Says

A Myanmar ethnic minority armed group is preparing to hand a captured city back to the military in a Beijing-brokered deal, China's foreign ministry said Tuesday, as residents reported junta troops already returning.

PC Gamer

AI becoming increasingly central to China's education reform with plans to bring AI into classes soon

Using AI to these ends will help "cultivate the basic abilities of teachers and students."

Barchart

Stock Index Futures Gain With Focus on Trade Talks and Tesla Earnings, Fed Speak on Tap

June S&P 500 E-Mini futures (ESM25) are up +0.98%, and June Nasdaq 100 E-Mini futures (NQM25) are up +1.05% this morning, signaling a rebound from yesterday’s sell-off on Wall Street, while investors await comments from Federal Reserve officials and a raft of corporate earnings reports, with a particular focus on…

Evening Standard

US tariffs hit retro gaming: Anbernic suspends console shipments to US

Tariffs on retro handheld consoles pose challenges for US buyers, but temporary solutions through domestic warehouses offer some relief

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