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The Latest Breaking News from China

Anti-China rhetoric over British Steel is absurd, says country’s embassy

A spokesperson for the embassy said individual UK politicians have shown ‘arrogance, ignorance and twisted mindset’.

Evening Standard

Nvidia Shares Drop As Chipmaker Faces $5.5 Billion Impact From China Export Restrictions

Wall Street fell in opening deals, with Nvidia shares tanking by more than six percent, and the dollar and US government bonds were under pressure again.

International Business Times

'China’s Elon Musk' uses just two numbers to demonstrate why his country’s auto industry is now outcompeting the U.S. and Europe

He Xiaopeng used two numbers to describe the breakneck pace of EV innovation in China.

Fortune

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Dollar Falls and Gold Soars to a Record as US-China Trade War Escalates

The dollar index (DXY00 ) today is down by -0.70%. The dollar is under pressure today as the tit-for-tat trade war with China erodes confidence in the dollar after the US government barred Nvidia from selling its H20 chips to China. The US tariff turmoil diminishes the dollar's reserve-currency status...

Barchart

WTO: Trump's tariff policies could force global trade slide in 2025

According to the WTO, US President Donald Trump's shifting tariff policies could decline global trade by 0.2% this year.

Euronews

Nvidia leads decline in technology stocks, dragging Wall Street lower

Nvidia pulled Wall Street lower on Wednesday after the tech giant said new restrictions on exports to China will chisel billions of dollars off its results.

Euronews

China Outlines What It Wants From The Trump Administration Before Negotiating Tariffs

Beijing said it wants to see more respect from the U.S. and a more consistent position before engaging in tariff negotiations

Latin Times

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Stocks Retreat on Weakness in Chip Makers

The S&P 500 Index ($SPX ) (SPY ) today is down -1.24%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.98%. June E-mini S&P futures (ESM25 ) are down -1.25%, and June E-mini Nasdaq futures...

Barchart

US-China Trade Tensions Are Bullish for June Euro Futures. Here Are the Levels to Watch Before You Buy.

Elevated U.S.-China trade tensions are bearish for the U.S. dollar and bullish for the Euro.

Barchart

The mysterious firing of a Chinese professor has Asian students on edge: ‘Brings chills to our spines’

Xiaofeng Wang was fired by Indiana University on the same day as an FBI raid – but he hasn’t been charged with a crime

The Guardian - US

World Trade Organisation says global trade could slide this year because of Trump’s tariff policies

‘Enduring uncertainty threatens to act as a brake on global growth’ says international trade forum

The Independent UK

Former MLS star Aaron Boupendza dies after falling from building in China

Boupendza played against the likes of Lionel Messi and Sergio Busquets while at FC Cincinnati

The Independent UK

US tariffs bring stalled shipments and uncertainty for Chinese exporters

Exporters at China’s largest trade fair are facing uncertainty, stalled shipments and lower sales forecasts due to the trade war with the United States

The Independent UK

Nvidia says US chip tariffs mean it faces multi-billion dollar hit

Nvidia expects $5.5 billion in export-related costs for its H20 products alone in the first fiscal quarter.

TechRadar

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RideApart

Who the Heck Is CFLite Motorcycles and Why Is It So Important?

Let’s talk about CFMoto for a second. What started out in Hangzhou, China in the late ‘80s as a humble manufacturer of engines and parts is now one of the fastest-growing motorcycle brands in the world. These days, they’re not just playing catch-up—they’re competing head-on with the big names. With…

The Guardian - UK

Trump tariffs will send global trade into reverse this year, warns WTO

World Trade Organization says trade between US and China is expected to plunge by 81% in ‘decoupling’

The Guardian - UK

China accuses UK politicians of ‘arrogance’ in British Steel row

Embassy criticises ‘slandering’ of Chinese government and defends Jingye over furnaces dispute

The Guardian - UK

China trade war poses threat to US arms firms’ rare earths supply, analysts warn

Chinese restrictions could affect more than a dozen defence and aerospace firms and give Beijing ‘crucial advantage’

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news in one place.

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InsideEVs

Tesla Suspends Imports Of Cybercab, Semi Parts From China: Report

Tesla CEO Elon Musk may believe in a driverless future, but even his would-be $30,000 Cybercab can't dance around a 145% import tariff.

PC Gamer

Nvidia could lose $5.5 billion to charges after new 'indefinite' restriction on exports of beefy AI GPUs to China

The belt tightens.

Al Jazeera

China’s Xi hails ‘new golden era’ with Malaysia during trade tour

Xi’s visit to Malaysia is part of a regional diplomatic charm tour amid stinging US tariffs.

The Independent UK

Xi promises greater access to Chinese market for Malaysia, Vietnam on Southeast Asia tour

Chinese leader Xi Jinping has promised Malaysia and Vietnam greater access to Chinese markets as he tours Southeast Asia this week

Tom’s Hardware

Nvidia writes off $5.5 billion in GPUs as US gov't chokes off supply of H20s to China

Apparently, Jensen Huang's $1 million dinner with Donald Trump did not help to ease U.S. government's concerns over H20 GPUs exports to China.

The Independent UK

JPMorgan CEO Jamie Dimon warns US could lose credibility over Trump trade war

JPMorgan CEO says no country has ‘divine right to success’ in latest caution to president

International Business Times

China's Xi Meets Malaysian Leaders In Diplomatic Charm Offensive

Chinese President Xi Jinping met Malaysia's king on Wednesday in a state visit analysts said was aimed at burnishing Beijing's credentials as a reliable partner and "not a hegemon".

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