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The Latest Breaking News from China

Nvidia slapped with a Chinese antitrust probe as Beijing collects ‘bargaining chips’ ahead of Trump’s return

An analyst from consultancy firm Trivium China thinks Beijing is preparing for some tough negotiations ahead.

Fortune

Stellantis, Chinese Firm CATL Plan $4bn Battery Plant In Spain

Car giant Stellantis and Chinese manufacturer CATL said Tuesday they would build a $4.3-billion factory to make electric vehicle batteries in Spain, the latest bid to boost Europe's troubled EV drive.

International Business Times

China’s plans for huge new embassy in London shot down by local council

Local council votes unanimously to reject proposal

The Independent UK

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read the most diverse news in one place.

Stock Index Futures Muted as Rally Stalls Ahead of U.S. Inflation Data

December S&P 500 E-Mini futures (ESZ24) are up +0.03%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.04% this morning after three major U.S. benchmark indices finished the regular session lower as investors grew more cautious ahead of Wednesday’s release of a key U.S. inflation report.

Barchart

The Taiwan Strait: Crucial Waterway And Military Flashpoint

Taiwan accused China on Tuesday of holding its biggest maritime mobilisation around the island in years, though Beijing has stayed tight-lipped over its latest show of force.

International Business Times

China Deploys Largest Maritime Force Near Taiwan

China's deployment of a large maritime force near Taiwan raises tensions in the region.

Top News

China's Xi Warns 'No Winners' In Trade War With US

Chinese President Xi Jinping warned Tuesday that there would be "no winners" in a trade war with the United States and vowed the country would hit its growth goals for the year.

International Business Times

Is it a military drill? China deploys ships and planes around Taiwan but remains mum

China’s secretive military appears to be up to something around Taiwan, but it’s unclear exactly what

The Independent UK

Taiwan Says China Carrying Out Huge Maritime Drills

Taiwan said Tuesday that dozens of Chinese warships and other vessels have been deployed around the island, in one of China's biggest-ever military exercises.

International Business Times

Taiwan ‘very alarmed’ as largest Chinese fleet in decades gathers near island

Beijing reportedly deploys 90 ships and 47 aircraft for exercises around island

The Independent UK

US defense secretary in Japan to discuss regional security as US military pauses Osprey flights

U.S. Secretary of Defense Lloyd Austin is in Japan to meet with Japanese officials and reaffirm the importance of their alliance and the U.S. commitment to regional security as threats rise from China and North Korea

The Independent UK

Stock market today: Asian shares mostly higher as Chinese stocks are lifted by latest stimulus

Shares are mostly higher in Asia after a slide for market superstar Nvidia helped pull U.S. stock indexes below their latest records

The Independent UK

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Al Jazeera

China launches investigation into US chipmaker Nvidia

Chip giant accused of violating China’s antimonopoly laws days after Washington announced new export controls.

The Independent UK

China's exports slow, imports decline, in November falling below forecasts

China’s exports slowed in November and its imports fell, falling below forecasts and underscoring potential weakness in trade at a time when its leaders are striving to boost domestic business activity

Al Jazeera

Ukraine’s Zelenskyy praises Trump as leader feared by Putin

Ukrainian leader says he is grateful for Trump’s ‘strong resolve’ to bring the war in Ukraine to an end.

International Business Times

Pentagon Chief To Meet Japan PM On Final Asia Trip

US Defense Secretary Lloyd Austin will meet Japanese Prime Minister Shigeru Ishiba on Tuesday, having a day earlier warned American troops near Tokyo of the threat represented by China.

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news in one place.

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International Business Times

Hong Kong, Shanghai Rally On China Optimism As Seoul Rebounds

Hong Kong and Shanghai stocks rallied Tuesday after China pledged to adopt a looser monetary policy to revive the stuttering economy, while Seoul rebounded after days of losses fuelled by the brief declaration of martial law by South Korea's president.

The Independent UK

Trump says he’s ‘can’t guarantee’ tariffs won’t hurt Americans

Trump said tariffs ‘make us rich,’ even as economists predict measures would raise prices for consumers

Benzinga

Nvidia China Antitrust Probe May 'Remain Unsolved' In Near Term Says Top Analyst; Investors Should Be Prepared For Increased Scrutiny

China has launched an antitrust investigation into Nvidia, alleging monopoly practices in AI chips, but analysts predict limited short-term financial impact and suggest the case may remain unresolved amid geopolitical tensions.

PC Gamer

China launches an antitrust investigation into Nvidia as it wrestles with the US over AI chip sanctions

Chinese regulators believe Nvidia may have violated the terms of approval of the company's $7 billion acquisition of Mellanox Technologies in 2020.

Top News

US Development Agency Advances Strategic Interests Through Global Projects

President Biden's 3 million pledge for trans-Africa rail project to counter China's influence and advance U.S. foreign policy.

The Independent UK

Five years since its inception, a US development agency competes with China on global projects

Since its inception in 2019, a U.S. development agency has created a portfolio of more than $50 billion worth of projects in 114 countries, including a trans-Africa railway corridor, a power plant in Sierra Leone, and solar panel manufacturing in India

Kiplinger

Stock Market Today: Markets Reflect Global Uncertainty

Exuberance fades as investors confront micro challenges and a murkier macro environment.

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