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The Latest Breaking News from China

Chinese warship crashes into own coastguard vessel while chasing Philippine boat in South China Sea

Footage shows Chinese coastguard vessel with its entire bow caved in after colliding with warship near contested Scarborough Shoal

The Guardian - AU

What CEOs really think about Nvidia and AMD's China export deal: 'Brilliant, a tariff that we don’t have to pay'

Also: All the news and watercooler chat from Fortune.

Fortune

Mohamed El-Erian Warns On China-US Tariff Truce As Trump Cites 'Very Good Relationship' With Xi Jinping—Long-Term Calm 'Far From Guaranteed'

President Donald Trump extended the tariff suspension with China for 90 days on Monday, citing his “very good relationship” with Chinese President Xi Jinping. But prominent economist Mohamed El-Erian cautioned that short-term relief doesn’t ensure lasting trade calm between the world’s largest economies.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

China Raises Security Red Flags Over Nvidia's H20 Chips As Trump Pushes For 15% Revenue Share: Report

China has reportedly raised security concerns about Nvidia Corp.’s (NASDAQ:NVDA) H20 chips, especially regarding potential backdoor risks, while the U.S. government, spearheaded by Donald Trump, pushes for a 15% revenue share from sales to China as part of its deal with the chipmaker.

Benzinga

China's Trade Surplus Hits Record $1.2 Trillion Despite US Tariffs — Outpaces Historic German, Japanese Highs

Despite tariffs and escalating trade tensions, China’s trade surplus has surged to unprecedented new levels over the past 12 months, significantly outpacing the historic highs of Germany and Japan.

Benzinga

Xi Jinping Is 'Difficult To Deal' With, Says Scott Bessent, Calls China Most 'Imbalanced Economy' In Modern History (CORRECTED)

Editor’s Note: The story has been updated to reflect the correct Toyota Motors ticker.

Benzinga

Most Markets Rise As China-US Truce Extended, Inflation In Focus

Asian markets mostly rose Tuesday, with Tokyo hitting a record, as investors welcomed the extension of a China-US tariff truce but looked ahead apprehensively to the release of key US inflation data later in the day.

International Business Times

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Asian shares advance on relief that Trump is delaying higher China tariffs

Asian shares are mostly higher after President Donald Trump delayed raising tariffs on China for another 90 days

The Independent UK

China, Brazil can be models of ‘self-reliance’ for Global South, Xi says

China’s Xi and Brazil’s Lula discuss cooperation amid fallout of US President Donald Trump’s trade war.

Al Jazeera

Trump’s China trade truce extension spurs market rally

Bourses in Australia and Japan hit record highs as hopes grow of trade deal within latest 90-day pause

The Guardian - UK

Philippines Still Offered Aid After South China Sea Collision Where Chinese Navy Hit Its Own Coast Guard Ship

The ships collided on 11 August 2025 while pursuing a Philippine vessel near Scarborough Shoal, causing substantial damage and escalating tensions in the disputed South China Sea

International Business Times UK

US inflation unexpectedly stays at 2.7%; UK ministers appoint advisers for Thames Water collapse ‘contingency plans’ – as it happened

US and China extend 90-day tariff truce; UK labour market slows as employers hold off hiring

The Guardian - UK

Trump sparks concern after suggesting he might allow sales of Nvidia’s advanced AI chips in China

President says he could make deal for Nvidia to sell downgraded version of Blackwell chip in China but expert warns that could help Beijing compete in AI

The Guardian - AU

Trump Signs Executive Order Extending Heightened Tariff Suspension On China For 90 Days — Says Getting Along With Beijing 'Very Well'

President Donald Trump signed an executive order on Monday, extending the suspension of heightened tariffs on China for another 90 days, keeping the current 10% reciprocal tariff in place until Nov. 10, 2025.

Benzinga

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news in one place.

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Benzinga

Trump Open To Scaled-Down Nvidia Blackwell AI Chip For China: Jensen Huang Is 'Coming To See Me Again About That'

U.S. President Donald Trump has expressed openness to Nvidia Corporation's (NASDAQ:NVDA) proposal to sell a downgraded version of its next-generation Blackwell AI chip to China, with performance reductions of up to 50%, despite concerns over national security.

PC Gamer

In 15 years of interviewing AAA game developers, I think this is the first time one's straight up told me 'Many people make games for money, but we make money for games'

Well, there it is.

The Independent UK

Trump delays China tariffs at the last minute and announces 90 day truce

President Donald Trump has once again delayed a showdown between the world’s two biggest economies

Windows Central

“American National Security Principles Are Negotiable for the Right Fee” — Why NVIDIA and AMD Agreed to Pay the US Government 15% of China AI Chip Revenue

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.

Get all your
news in one place.

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Benzinga

Niu Stock Slides As China E-Scooter Boom Fails To Offset Weak Overseas Sales, Mixed Q3 Outlook

Chinese electric scooter company Niu Technologies – ADR (NASDAQ:NIU) stock initially dropped on Monday after it reported its second-quarter results.

Al Jazeera

US to extend China tariff pause another 90 days

US President Donald Trump signed an extension just before midnight in Beijing, when the pause was to expire.

Tom’s Hardware

Trump may allow Nvidia to ship hobbled current-gen Blackwell AI GPUs to China — U.S. gov't would get 15% of related revenue, China firms would get access to far faster GPUs

Trump signaled he may allow Nvidia to sell heavily downgraded Blackwell AI processors to China in exchange for 15% of related sales revenue to the U.S. government, a move that could give Chinese firms far faster hardware than current H20-based offerings.

Euronews

US President Donald Trump extends pause on China tariffs for another 90 days

Trump has extended his tariff pause on China for another 90-days just hours before the last trade truce was set to expire.

International Business Times UK

AMD and Nvidia to Divert 15% of China Chip Sales to US – What It Means for Market Share and the Global Chip Industry

The agreement—covering Nvidia's H20 and AMD's MI308 AI chips—is a precondition for obtaining export licenses, according to multiple officials.

International Business Times

Trump Says Dealing 'Nicely' With China As Tariff Deadline Looms

President Donald Trump said Monday that the United States has been "dealing very nicely with China" -- while Beijing said it was seeking positive outcomes -- hours before a tariff truce between both countries was due to expire.

Benzinga

Nvidia Nears 52-Week High As AI Frenzy, China Chip Export Deal Drive Momentum

Nvidia Corp. (NASDAQ:NVDA) traded Monday just shy of its 52-week high of $183.88, driven by ongoing artificial intelligence optimism and a major resolution in its China chip export dispute.

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