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The Latest Breaking News from China

China's Snaps 4-month Consumer Decline But Factory Price Deflation Deepens

Consumer prices in China rose slightly in June, official data showed on Wednesday, snapping a four-month decline even as factory gate prices were bruised by a fierce trade war with Washington.

International Business Times

China's 'New Farmers' Learn To Livestream In Rural Revitalisation

Gao Chaorong knows what it takes to turn out good crops of sweet potatoes, peanuts and wheat, but tasty produce is no longer enough to draw China's app savvy crowd.

International Business Times

June Was Hottest On Record In Western Europe: EU Monitor

Western Europe sweltered through its hottest June on record last month, as "extreme" temperatures blasted the region in punishing back-to-back heatwaves, the EU climate monitor Copernicus said Wednesday.

International Business Times

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Tesla Was Ready For Q2 China Comeback — But It Didn't Happen

Tesla Inc (NASDAQ:TSLA) recently reported a 13.5% year-over-year decline for second-quarter vehicle deliveries. A new report showed the impact the Chinese market may have played in the decline.

Benzinga

Starbucks Stock Drifts Higher Amid Brewing China Business Sale Chatter

Starbucks Corp (NASDAQ:SBUX) shares are warming up in after-hours Tuesday following reports suggesting the coffee giant has drawn interest from potential investors regarding its China business.

Benzinga

Europe should reduce US and China ‘dual dependencies’, Macron warns

French president also spoke of empowered ‘wider Europe’ on first day of state visit to UK

The Guardian - UK

Brics is sliding towards irrelevance – the Rio summit made that clear

The Brics group of nations has just concluded its 17th annual summit in the Brazilian city of Rio de Janeiro. But, despite member states adopting a long list of commitments covering global governance, finance, health, AI and climate change, the summit was a lacklustre affair.

The Conversation

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Nissan’s EV Strategy Hits Another Roadblock

Today on Critical Materials: Nissan delays pair of EV crossovers, Tesla's China problem is Tesla, and Kia's new homework is an uber-cheap city car.

InsideEVs

Taiwan Semiconductor May Profit from Chinese Manufacturing Issues

A new lift on Chinese chip imports and exports may create significant demand bottlenecks to drive Taiwan Semiconductor stock higher.

MarketBeat

iPhone Sales Are Growing in China Again. Should You Buy, Sell, or Hold Apple Stock Here?

Discounting tactics helped iPhones reclaim popularity in China. Can Apple hold this ground or was this a one-off win?

Barchart

Romoss Technology recalls nearly 490,000 power banks after metal debris in battery cells found to pose overheating risks

The Independent UK

Germany summons China's ambassador after military aircraft lasered in Red Sea

The maritime surveillance aircraft was part of the EU mission Aspides, which is intended to better defend civilian ships against attacks by Yemen’s Houthi rebels.

Euronews

Samsung expects profit to halve as tariffs and export curbs bite

The South Korean company’s second-quarter operating profit is expected to be less than half of what the company reported last year.

Euronews

Germany summons China's ambassador after a military plane is lasered over Red Sea

Germany has summoned the Chinese ambassador after a Chinese warship targeted a German military aircraft with a laser in the Red Sea

The Independent UK

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Barchart

Stock Index Futures Gain With Focus on Trade Talks as Trump Extends Tariff Deadline

September S&P 500 E-Mini futures (ESU25) are up +0.08%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.17% this morning as initial jitters over U.S. President Donald Trump’s latest tariff moves eased, giving way to cautious optimism that there’s still ample room for further negotiations.

The Independent UK

Nato chief warns Russia will help China invade Taiwan by distracting Europe

IN FULL

The Independent UK

Typhoon Danas threatens China with flash floods after killing two people in Taiwan

Danas is forecast to bring between 100mm and 250mm of rainfall across a 650km stretch from Fuzhou in Fujian province to Hangzhou in Zhejiang, triggering flash flood warnings

The Independent UK

Philippines summons China's ambassador after Beijing sanctions critical former senator

The Philippines' foreign ministry has summoned China's ambassador after Beijing imposed sanctions on a former Filipino senator who has been critical of China’s actions in the disputed South China Sea

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Al Jazeera

How strong is US manufacturing, as Trump’s tariff deadline looms?

The US is the world’s second-largest manufacturer after China, adding $2.9 trillion to the global economy.

Tom’s Hardware

Trump says he has struck a trade deal with Hanoi — lowers tariffs to 20% for Vietnamese goods, but adds 40% tax on loophole Chinese companies use to circumvent measures

The U.S. and Vietnam have reached a tentative agreement that sets tariffs on Vietnamese goods at 20%, but hits transshipments with a 40% import tax.

The Independent UK

China accuses Trump of ‘bullying’ as trade tensions reignite

IN FULL

Benzinga

Is China Dodging US Tariffs? Direct Exports To America Plunge 43% As Vietnam And Indonesia See Big Spurts: Report

China’s exports to the United States have plunged over 43% year-over-year in May, representing a $15 billion drop in trade value, yet at the same time, China’s total exports have increased 4.8%, according to official figures, despite the trade and tariff-related turbulence.

The Independent UK

China threatens retaliation for Trump tariffs as Rubio starts first Asia trip

China has warned US president Donald Trump against reigniting trade tensions by reimposing tariffs on Chinese goods and threatened retaliation against countries siding with Washington at Beijing’s expense.

Benzinga

Beijing Rejects Elon Musk As A 'Geopolitical Asset': Lukewarm Response To Chinese Diplomatic Overreach, Trump Feud Reportedly Diminishes Musk's Value

Chinese officials have reportedly cooled on Elon Musk, the CEO of Tesla Inc. (NASDAQ:TSLA), as a potential geopolitical asset due to his public fallout with President Donald Trump.

The Independent UK

Over 200 kindergarten children hospitalised after school serves lead-tainted food

The children have symptoms including stomach and leg pain and hair loss

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