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The Latest Breaking News from China

Asian shares advance after China cuts interest rates to boost economy

Asian shares have advanced after China cut key interest rates as part of its effort to fend off malaise worsened by the trade war

The Independent UK

Asian Markets Rebound To Track Wall St Up As China Cuts Rates

Asian markets rose Tuesday as investor sentiment returned following the previous day's US rating-fuelled losses, with sentiment also boosted after China cut interest rates to historic lows.

International Business Times

Shares in China's CATL, world's biggest EV battery maker, surge in Hong Kong after $4.6 billion IPO

Hong Kong-trade shares in CATL, the world’s largest maker of batteries for electric vehicles, have jumped after the company raised around $4.6 billion in the biggest initial public offering globally this year

The Independent UK

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Buffeted By Political Chaos, Taiwan's Lai Marks First Year In Office

Taiwanese President Lai Ching-te celebrates his first year in office on Tuesday as his government grapples with Chinese military pressure, US tariff threats and domestic political turmoil.

International Business Times

Chinese producers will absorb ‘the cost’: Donald Trump contradicts himself on tariffs, as White House press secretary rewrites history

With a well-aimed question, a CBS News correspondent sent the Trump camp into a full-blown economic faceplant.

We Got This Covered

What Ray Dalio's Latest Moves Tell Investors

Ray Dalio, running the world's biggest hedge fund, decided to make some unusual moves in the past quarter, all pointing to one direction.

MarketBeat

Apple-Alibaba deal raises concerns over data access with US lawmakers

Apple needs to strike a deal with Alibaba to remain competitive in China, but it could spell disaster for the company in its home country.

TechRadar

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China's new 'drone mothership' expected to launch for first test flight within days

When it is fully operational, Jiu Tian will release a vast swarm of up to 100 smaller drones that would work together to overwhelm an enemy's air defence systems.

Euronews

BMW Says EV Mandates Are A 'Dead End Street'

BMW is not having a good time. Like other German automakers, its sales are collapsing in China, and the rest of the world can't make up for that lost profit.

InsideEVs

White House Insists China 'Will Be Absorbing' Tariff Costs Despite Treasury Secretary Admitting Burden 'May Get Passed to Consumers'

The White House asserted during a Monday press briefing that Chinese companies, not American consumers, will bear the cost of Trump's tariffs.

Latin Times

Watch China’s private Ceres-1 rocket launch 4 satellites from a ship at sea (video)

The Chinese company Galactic Energy sent four satellites into orbit today (May 19) on the fifth sea launch of its Ceres-1 solid rocket.

Space

Disaster authoritarianism: how autocratic regimes deal with earthquakes

An earthquake that struck south-east Asia in late March is thought to have killed more than 3,000 people in Myanmar, a country ruled by a military junta that has blocked humanitarian aid and continued waging war on quake-ravaged rebel territory.

The Conversation

Here's how US tariffs have affected PC gaming hardware, from paused shipments to new investments

Here are the latest effects of tariffs on the PC hardware industry.

PC Gamer

China One-Ups The World With The First Driverless Electric Mining Trucks

China's mining industry has slapped the proverbial glove in the face of Western mining companies by deploying what it calls the world’s first fleet of unmanned electric mining trucks. No fewer than 100 driverless battery-powered trucks are already roaming Inner Mongolia’s Yimin open-pit mine, saving thousands of tons of carbon…

InsideEVs

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Reason

Trump Threatens Walmart Not To React to His Tariffs

On the bright side, at least Trump finally admitted his tariffs are, indeed, paid by Americans.

InsideEVs

GM's EV Strategy Is Paying Off. It's Still Fighting This EV 'Mandate'

Of all the so-called "legacy" automakers, it seems lately as if General Motors is pulling off the electric transition better than most.

Tom’s Hardware

Suspected SK hynix HBM tech leaker arrested boarding flight to China

A man suspected of attempting to smuggle SK hynix tech secrets to China was apprehended at South Korea’s Incheon International Airport earlier this month

Reason

Biden's Cancer

Plus: That big, beautiful bill; Romanian election results; China's pivot to nuclear; and more...

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The Conversation

African islands under threat: what to do about Trump’s withdrawal from climate change agreement

President Donald Trump’s executive order withdrawing the US from the Paris Agreement raises the question of the implications for small African Indian Ocean island states.

Euronews

15 EU countries call for 'renewed' ties with Russia's closest allies to secure ceasefire

In a joint letter led by Austria, 15 member states pitch a "renewed, targeted and joint global diplomatic outreach effort" to strengthen leverage on Russia.

RideApart

A Russian Soldier Tried Jumping a Ravine with a Motorcycle, It Didn't Go Well

I don't know if you know this about me, but my graduate school background was in the defense arena. I spent countless hours and long nights thinking about what could happen if war were to break out between large powers, i.e. Russia, the United States, China, etc. And my analysis…

Tom’s Hardware

Nvidia CEO Jensen Huang says ‘There’s no evidence of any AI chip diversion’

The Nvidia CEO denies the allegation of AI chip diversions to China.

MarketBeat

Is NIO Stock Set for a Comeback? Fundamentals Say Yes

NIO stock might be about to find its bottoming soon, as short sellers start to leave the scene and fundamentals remain strong this year.

Fortune

Volkswagen shareholders demand 'part-time CEO' Oliver Blume finally drop his side job running Porsche

Three years into his dual assignment, Blume is facing increasing pressure to focus on one of his two posts given a perceived conflict of interest and mounting problems in China.

Fortune

Tesla supplier CATL, the world’s leading battery maker, to start trading in HK after a bumper $4.6 billion IPO

CATL is foraying into global markets amid growing trade tensions between the U.S. and China, which have sent markets careening over the past several weeks.

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