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The Latest Breaking News from China

US treasury secretary says ‘there is a path’ with China over tariff negotiations

‘The Chinese will see this high tariff level is unsustainable for their business,’ says Scott Bessent

The Guardian - US

Nail salon employee pleads guilty after holding 13 remote IT jobs worked by developers in China

The man had no experience in IT, but he let overseas workers use his driver’s license and U.S. passport to get jobs in tech.

Fortune

China seizes control of disputed reef and plants national flag near Philippine military base

Chinese media says coastguard units entered remote sandbank, known in China as Tiexian Reef, ‘to exercise sovereignty’

The Independent UK

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Used Tesla Prices Are Plunging. Is This the Final Nail in the Coffin for TSLA Stock?

Tesla’s resale collapse and China slump hint at deeper cracks in demand.

Barchart

China lowers minimum amount for tax refunds for tourists to boost spending

China has lowered the minimum amount tourists spend to get tax refunds as part of measures to boost consumption as its economy comes under pressure during a trade war between Beijing and Washington

The Independent UK

How Trump’s steep tariffs on China are pushing the EU closer to Beijing

The global car industry is facing major upheaval after US President Donald Trump imposed a 145 percent tariff on Chinese imports in early April – the highest so far in the US-China trade dispute.

Radio France Internationale

The story behind Red Bull’s surprise F1 rookie, Isack Hadjar

The 20-year-old French-Algerian rookie has wasted no time standing out. He had a rocky start in Melbourne, where he crashed on the formation lap, but has since emerged as one of the most talked-about newcomers on the grid, with Q3 appearances in China and Japan, as well as points finishes…

Autosport

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Isack Hadjar interview: Red Bull’s surprise F1 rookie reveals all

Motorsport

Philippines, US Test Air Defences As China Seizes Reef

Missiles fired off the coast of the northern Philippines Sunday as US and Filipino forces conducted their first integrated defence drills, hours after China said it had seized control of a reef claimed by Manila.

International Business Times

US forces deploy anti-ship missiles in Philippines and stage live-fire drills near China hotspots

The mock battle scenarios under the annual Balikatan military exercises between the United States and the Philippines over the weekend have not only simulated real-life war

The Independent UK

Chinese Tea Hub Branches Into Coffee As Tastes Change

At a mountainside cafe in southwestern China, Liao Shihao brews handfuls of locally grown beans into steaming cups of coffee, a modern twist on the region's traditional drink.

International Business Times

Taiwan cracks down on holders of Chinese ID amid fears over propaganda and espionage

Expulsion of people holding a Chinese passport or ID card prompts debate over identity, loyalty and freedom

The Guardian - AU

Apple is racing against time to shift iPhone production away from China to dodge Trump's tariffs

The iPhone could find a new home soon.

Laptop

Who are the five women's golfers to make an albatross at a major?

Who are the five women's golfers to make an albatross at a major? Liu Yan of China was the fifth player to accomplish the feat on Friday.

The Sports Daily

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InsideEVs

Nissan's EV Sedan, Frontier PHEV Make Me Wish For A Different Reality

Here's something I figured out pretty quickly at the Shanghai Auto Show this past week: You can tell a lot from which cars and which brands the crowds are interested in.

TechRadar

Faster than SRAM! New flash memory tech from China is millions of times faster than NAND rivals from US, Japan or Korea - but please change its name

Chinese researchers claim to have developed the fastest non volatile flash memory to date, but it needs a better name than PoX.

Fortune

The U.S.-China trade war is about to pummel America’s small businesses, Apollo economist says

Shipping between the world’s two largest economies has nose-dived since mid-April.

International Business Times UK

Apple's Shift of US iPhone Assembly to India Marks a Strategic Blow to China, But How?

Apple's reported plan to shift all US-bound iPhone assembly to India as early as next year marks a significant strategic move to reduce reliance on China.

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news in one place.

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International Business Times UK

DeepSeek Accused of Illicit Data Harvesting Amid Government Claims of Strong Privacy Protections

DeepSeek, a Chinese AI startup, is facing accusations in South Korea of illicitly transferring user data abroad. Seoul's investigation led to the removal of its app.

International Business Times

Foreign Carmakers Strive For 'China Speed' To Stay In Race

In fluid synchronisation, dozens of robotic arms picked up metal parts and welded them onto vehicle beds, as car skeletons gradually took shape and progressed along an automated factory floor near the eastern Chinese city of Ningbo.

International Business Times

Xi Says China Must 'Overcome' AI Chip Challenges

President Xi Jinping said China must "overcome" the challenges of developing core AI technologies including high-end chips, state media reported Saturday, as Beijing seeks to become a world leader in the rapidly developing industry.

International Business Times

Developing Countries Should Fast-track US Trade Deals: World Bank President

Developing countries should strike swift trade deals with the United States at the "earliest possible" opportunity, the president of the World Bank told AFP Friday, after a busy week with global financial leaders in Washington.

Al Jazeera

Apple to move assembly of US phones to India in shift away from China

Apple is in talks with its outsourcing partners in India to execute this plan amid soaring trade tensions, as per FT.

Barchart

Stocks Finish Higher as Megacap Tech Stocks Rally

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.74%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.14%. June E-mini S&P futures (ESM25 ) are up +0.73%, and June E-mini Nasdaq futures...

Kiplinger

Stock Market Today: Great Power Affairs Mesmerize Markets

The U.S. and China are at least talking about talking about tariffs, and investors, traders and speculators are showing a little less fear.

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