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The Latest Breaking News from China

'Made In America' Isn't Easy — Inside The Struggle To Bring Manufacturing Back Home

For decades, American factories have shuttered as production moved overseas in search of cheaper labor and larger supplier networks. Between 1997 and 2022, the number of U.S. manufacturing firms and plants dropped by 25%, according to McKinsey Co.. Jobs that once employed nearly 20 million Americans now account for just…

Benzinga

Xi Jinping Is 'Difficult To Deal' With, Says Treasury Secretary; S&P 500 Earnings Beat, Chinese Stocks Jolt From Trump Moves — Weekly Economics Recap

Let’s take a look at some of the most significant stories that broke over the weekend, including the latest on China’s economy, the SP 500 earnings, and the impact of stablecoins on the U.S. dollar.

Benzinga

Scott Bessent Sees Nvidia-AMD China Deal As Blueprint, Facebook Users Claim $725 Million, Intel Surges On Trump Stake Buzz — Weekly Tech Recap

The weekend was a whirlwind of tech and market news. From a massive data privacy settlement for Meta Platforms (NASDAQ:META) to a unique revenue-sharing agreement between the U.S. government and chip giants, the stories were as diverse as they were impactful.

Benzinga

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US seeks shipbuilding expertise from South Korea and Japan to counter China

American lawmakers are using a trip to South Korea and Japan to explore how the United States can tap those allies’ shipbuilding expertise and capacity to help boost its own capabilities

The Independent UK

Trump claims Chinese president Xi made him a big promise about the fate of Taiwan

Xi Jinping tells Trump that ‘China is very patient’, US president says

The Independent UK

Trump hiked tariffs on US imports. Now he’s looking at exports – sparking fears of ‘dangerous precedent’

Experts warn of destabilized trading relations after White House strikes deal with Nvidia to take a 15% cut of certain AI chip sales to Chinese companies

The Guardian - US

Hong Kong democracy activist granted asylum after fleeing to Australia

Activist convicted in Hong Kong urges Australia not to forget prisoners like Jimmy Lai

The Independent UK

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Trump rows back threat of ‘secondary tariffs’ against India and China after Putin summit

US president had promised to increase economic pressure on Russia by targeting buyers of its crude oil

The Independent UK

How To Stockpile for Inflation Without Wasting Money

While stockpiling purchases can be a good cost-saving strategy, it can also backfire if you don't shop carefully.

GOBankingRates

Boomers hit the heights to power into Asia Cup final

A spectacular all-round team effort provided the platform for Australia to set up an Asian Cup final with China by brushing aside Iran in Jeddah.

AAP

Nvidia, AMD See 'Special Treatment' From Trump As Chip Supply Chain Faces New Disruptions

In a move that could potentially disrupt the global semiconductor supply chain, President Donald Trump has allowed Nvidia Corporation (NASDAQ:NVDA) and Advanced Micro Devices, Inc. (NASDAQ:AMD) to export AI processors to China.

Benzinga

NVIDIA and AMD will pay 15% for the right to sell to China in Trump's AI chip tax — "America cannot repeat 5G and lose telecommunication leadership"

Just a couple of weeks after the US government rescinded the ban on NVIDIA's H20 AI chip sales to China, it was announced that both NVIDIA and AMD will hand over 15% of their revenue from specific AI GPUs in order to receive export licenses.

Windows Central

Nvidia says H20 export controls didn’t stop China’s AI progress — claims 'they only stifled U.S. economic and technology leadership'

Nvidia shared an opinion piece by Aaron Ginn, co-founder of AI company Hydra Host, stating that despite the U.S.’s export controls on Nvidia’s H20 chips, China continued to achieve AI breakthroughs.

Tom’s Hardware

I Asked ChatGPT About Tariffs — And Here’s Who It Said Is Impacted Most

To get a foundation into tariffs, I asked ChatGPT to explain tariffs to me in very rudimentary terms. And here's who it said would be impacted most.

GOBankingRates

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InsideEVs

I Drove The BYD Seagull. This $8,000 Chinese EV Is Scary Good

Once China's best selling car, we head to the streets just outside of Shanghai to see just how good it is.

The Guardian - US

Farmers in US midwest squeezed by Trump tariffs and climate crisis

Excess rainfall has fueled disease and pest pressure in Ohio’s soybean fields as a trade war with China puts farmers’ biggest export market in doubt

Fortune

Nvidia and AMD’s ‘special treatment’ from Trump shakes up an already tangled global chip supply chain

“If Nvidia and AMD are given special treatment…why shouldn't other companies be doing the same?” says one expert.

Fortune

Trump's unprecedented, potentially unconstitutional deal with Nvidia and AMD, explained: Alexander Hamilton would approve

Nvidia and AMD agreeing to give 15% of their China chips revenue back to the U.S. doesn't recall any deal ever struck by the U.S. government.

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news in one place.

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The Independent UK

Black paint and blank screens: China forces censorship of Hong Kong and Uyghur artworks in Thailand

Exhibition curator flees to UK from Thailand as he believed that Thai police were looking for him

China is hosting the robot Olympics and it's equal parts awesome and sci-fi terror

Let the robot gladiators show us what they've got.

Benzinga

Trump Says Xi Jinping Assured China Would 'Never' Invade Taiwan During His Presidency: 'Appreciate That'

U.S. President Donald Trump said on Friday that Chinese President Xi Jinping personally assured him China would not invade Taiwan while Trump remains in office, even as trade, technology and geopolitical tensions continue to strain relations between the two nations.

The Guardian - AU

Tuvalu considers pulling out of Pacific leaders’ summit amid China-linked power struggle

Exclusive: Prime minister Feletei Teo says Tuvalu may withdraw from crucial meeting after key countries such as Taiwan were barred from attending

Barchart

Stocks Close Mildly Lower as US Consumer Sentiment Declines

The S&P 500 Index ($SPX ) (SPY ) on Friday fell by -0.20%, the Dow Jones Industrials Index ($DOWI ) (DIA ) rose by +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) fell by -0.43%. September E-mini S&P futures (ESU25 ) fell -0.22%, and September E-mini Nasdaq futures...

Barchart

Dollar Falls on Weaker US Consumer Sentiment

The dollar index (DXY00 ) on Friday fell by -0.41%, undercut by Friday's weaker-than-expected US consumer sentiment report. The dollar also suffered from underlying foreign investor concern about the possibility of a politically-driven US monetary policy after US Treasury Secretary Bessent on Wednesday appeared to give the Fed marching orders...

Benzinga

Beijing's Consumer Loan Push And Trade Truce Boost China ETFs

China is enjoying a string of positive macro developments, which is fueling investor appetite in its equity markets.

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