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The Latest Breaking News from China

China strips generals, ex-financial regulator, politburo member of lawmaker posts

China's top legislative body has removed six military lawmakers, including a key figure in the space program, and a former financial regulator from their posts. The dismissals, announced without stated reasons, are the latest in President Xi Jinping's sweeping anti-corruption drive. High-ranking generals overseeing equipment development, air force, and regional…

The Economic Times

Beijing expands Indian Ocean footprint with Bangladesh port deal

Bangladesh PM Tarique Rahman met Chinese President Xi Jinping Friday, wrapping up his five-day visit to China, during which the two sides formalised a deal to develop an economic zone near Mongla port, replacing a previously proposed Indianbacked venture. The land for the zone at Mongla — Bangladesh’s second-largest seaport…

The Times of India

T. Rex or a squirrel? A bizarre dinosaur discovery is challenging what we know about ancient predators

A new fossil discovery from northwestern China suggests a feathered, four-winged dinosaur may have preyed on ancient birds about 120 million years ago. The species, Jian changmaensis, a microraptor relative, was found at a site filled with clustered bird bones that resemble owl pellets. Researchers believe it could be the…

The Economic Times

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China's AI Surge Is Testing America's Strategy to Win the Global Tech Race: Report

If Chinese AI models are widely available, inexpensive, and easy to deploy, they could become the preferred choice for governments and businesses worldwide, leaping over the U.S., according to a new report.

International Business Times

The Week Ahead (June 29-July 5): EU Removes Tariff Exemption for Small E-Commerce Parcels

China’s new outbound investment rules take effect, and new mandatory EV and battery safety standards are implemented

Caixin Global

Shares dip as Apple price hikes hit tech sentiment

RECAP: Asian shares pulled ‌back on Friday after a stellar quarter, as hefty price hikes by Apple revealed the downside of booming chip demand and depressed tech shares, while the threat of Japanese intervention kept the yen from hitting 40-year lows.

Bangkok Post

China plans to double the size of its Tiangong space station while the ISS nears its end

China plans to add three new modules to Tiangong along with a co-orbiting space telescope, as the ISS heads for a Pacific splashdown.

Space

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China's top-secret 'dragon' space plane just released another unidentified object over Earth

The Shenlong, or "divine dragon," space plane just deployed a mysterious payload above our planet. The top-secret spacecraft, which has never been properly photographed, has now released at least nine objects in low Earth orbit.

LiveScience

The Right Way To Fight a Trade War

Economist Soumaya Keynes discusses Trump’s tariff policies, how China changed the global economy, and why trade wars require restraint.

Reason

Could China’s 6-tonne autonomous aircraft change who controls tomorrow’s skies, as the Lanying R6000 signals a dramatic aviation shift ahead?

China’s 6-tonne autonomous tilt-rotor aircraft is one of the largest unmanned aircraft developed for low-altitude transport and heavy-lift operations. Unlike conventional drones, it takes off and lands vertically like a helicopter before rotating its propellers to fly forward like an airplane. The successful test flight of the Lanying R6000 demonstrates…

The Economic Times

Xi backs Bangladesh in upholding sovereignty, 'rejecting foreign interference' in talks with PM Rahman

Chinese President Xi Jinping pledged unwavering support for Bangladesh's sovereignty and rejection of foreign interference during Prime Minister Tarique Rahman's visit. Beijing also offered backing for Rahman's government and proposed a new economic corridor linking Bangladesh, Myanmar, and China. Discussions covered port modernization, a '2+2 dialogue' mechanism, and Mandarin's inclusion…

The Economic Times

'Height of Irresponsibility': Inside the Defence Nightmare If China or Russia Secretly Hold UAP Technology

Washington Forum speakers warn that China and Russia may be racing to reverse-engineer UAP technology. Experts label the lack of a US policy a critical national security failure.

International Business Times UK

Turns Out There's a Huge Black Market for Claude AI Tokens in China and It's Selling at Up to 93% Cheaper

A grey market for Claude AI tokens has emerged in China, with resellers offering steep discounts. This raises concerns about data privacy and platform security amidst tightened access controls.

International Business Times UK

Stock Index Futures Slip as Chip Selloff Resumes, Fed Speak on Tap

September S&P 500 E-Mini futures (ESU26) are down -0.51%, and September Nasdaq 100 E-Mini futures (NQU26) are down -1.18% this morning as renewed selling pressure hit the tech sector, with chipmakers leading the declines.

Barchart

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The Conversation

Three ways climate action can be more inclusive for 1.3 billion disabled people

Imagine a global political summit that shapes the future of our planet where one of the most populated countries in the world does not have a voice? This may seem unlikely, but currently 1.3 billion disabled people (nearly the population of China) do not have formal representation at policy talks…

Caixin Global

Business Brief (June 26): China, U.S. to Establish Trade Council

Alibaba sues U.S. Department of Defense, China sets renewable energy targets for 2030

The Economic Times

Taiwan opposition stalls government's $6.6 billion drone bill

Taiwan's parliament, controlled by the opposition, has blocked a $6.6 billion government plan for domestically produced drones crucial for island defense against China. Lawmakers from the KMT and TPP are demanding their own proposals, citing concerns over the current bill's structure and past objections.

The Economic Times

Chinese AI, chip firms are driving an onshore IPO rebound

China's tech IPOs are experiencing their strongest year since 2023, driven by Beijing's push for self-reliance in chip and AI sectors amid US rivalry. Over $3.1 billion has been raised by tech firms this year, with nearly 50 companies seeking listings. This surge offers crucial exit opportunities for investors and…

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The Economic Times

China backs Bangladesh's new government: Xi tells PM Tarique Rahman

Bangladesh Prime Minister Tarique Rahman concluded his Beijing visit by meeting President Xi Jinping, who pledged China's support for Dhaka's new administration and high-quality Belt and Road cooperation. Discussions also explored collaboration in green development, digital economy, and AI.

The Guardian - UK

Chess: Carlsen’s four defeats in a row – just a blip or the start of a career downturn?

The world No 1 has had difficult periods previously, but at 35 and a wealthy family man, could he now be tempted towards a more relaxed lifestyle?

The Economic Times

India swings to premium on price retreat; China demand muted

Indian gold markets are seeing a premium return after a price dip, with buyers cautiously re-entering despite affordability concerns. This revival is fueled by falling international prices and a strengthening rupee. Meanwhile, China's physical demand for gold has noticeably weakened, with jewellery sales and household caution impacting the market, though…

The Economic Times

Bangladesh urges China to reduce trade gap

Bangladesh's Prime Minister Tarique Rahman urged China to reduce the trade gap and diversify exports during his Beijing visit. He sought support for major projects and industrial upgrades. China expressed willingness to import more Bangladeshi products and invest in emerging sectors.

International Business Times UK

The Bluetooth Ban: How China-Linked Car Tech Forced Polestar Out of the US Market

Polestar's US sales will cease from 2027 due to national security concerns over China-linked technology, impacting the electric vehicle market and raising questions about foreign automakers in America.

The Guardian - AU

Xi Jinping has hosted more than a dozen leaders this year, as ‘middle powers’ look beyond the US

China’s leader wants to promote his alternative to the current world order, and his efforts are being assisted by a capricious US

The Conversation

The US and China are planning Moon bases. It could help improve life on Earth

The NASA Artemis program, now supported by 67 countries under the Artemis Accords, plans to return humans to the Moon by 2028. A recent White House Executive Order has gone further, directing NASA to establish a permanent lunar outpost by 2030.

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