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The Latest Breaking News from China

Qualcomm in talks to provide custom chip-design services to ByteDance

US chip giant Qualcomm is reportedly in talks with Chinese tech behemoth ByteDance, parent of TikTok, to design custom chips. This move signals Qualcomm's bid to diversify beyond its core smartphone market and highlights continued US-China tech business engagement despite geopolitical tensions. The potential deal could involve video processing units,…

The Economic Times

First of its kind queer museum in San Francisco Chinatown amplifies Chinese LGBTQ+ artists

A recently opened, first of its kind Chinese queer museum in San Francisco is already having an impact on the surrounding community

The Independent UK

Alibaba sues US government over Pentagon blacklist linking firm to Chinese military

Alibaba, Chinese e-commerce and tech giant, has filed a lawsuit against the United States government, seeking removal from a Pentagon blacklist that labels the company as having links to China’s military, a designation the firm says is unfounded and damaging.

The Times of India

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Chinese supercomputer leapfrogs best US machines to be ranked world’s fastest

China’s LineShine debuts at number one in Top500 – a list sometimes viewed as a national measure of global tech prowess

The Guardian - AU

Nvidia's Long Term Outlook In China Will Depend On Its Ability To Compete With Local Alternatives

The short and medium-term outlook for NVIDIA in China depends heavily on U.S. export policy. In the long run, it will depend on its ability to compete with local alternatives.

International Business Times

The US is leading the new space race – but other countries are close behind

When NASA administrator Jared Isaacman unveiled the crew of the Artemis III mission at Johnson Space Center in Houston earlier this month, he was ebullient.

The Conversation

China's space plane appears to have released a mystery object in orbit

China's Shenlong space plane appears to have released a mystery object while in orbit, according to a private space surveillance firm.

Space

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Francis Markus obituary

Other lives: BBC Shanghai correspondent with a particular concern for humanitarian issues

The Guardian - UK

A giant rail bridge across the Gobi Desert in China is making people ask one big question: How?

A massive rail bridge rising above China’s Gobi Desert is drawing global attention. Built to overcome shifting sands, powerful winds, and extreme temperatures, the engineering project showcases how modern rail technology is transforming one of the world’s harshest landscapes while boosting trade and transportation.

The Economic Times

India launches anti-dumping probe into electrical steel imports from China, 3 other nations

India has launched an anti-dumping investigation into electrical steel imports from China, Japan, Korea, and Russia. This move, prompted by a complaint from JSW JFE Electrical Steel Nashik, aims to protect domestic manufacturers from alleged cheap imports that are reportedly causing significant harm. The probe will determine if dumping has…

The Economic Times

WTO to set up dispute panel in China's case against India's solar, IT goods measures

China has successfully established a World Trade Organization panel to challenge India's solar cell, module, and IT goods policies. Beijing alleges these measures, including tariffs and incentives, unfairly target Chinese products. India had previously blocked the request, but the WTO body accepted China's second attempt. The panel will now scrutinize…

The Economic Times

The Latest: Pentagon asks Congress for roughly $80 billion to cover cost of Iran war

Iran's president is in Pakistan to talk with mediators as negotiations between Tehran and Washington proceed on ending the war

The Independent UK

Iran has billions of frozen assets in India, China, Iraq; but why removing sanctions isn't easy

Iran stands to gain access to billions of dollars in oil revenues after the United States granted a 60-day sanctions reprieve as part of a newly signed US-Iran memorandum of understanding (MoU). But actually unlocking decades of frozen assets and fully dismantling the sanctions regime could prove far more difficult…

The Times of India

China’s newest aircraft carrier sails through the Taiwan Strait

China's newest and most powerful aircraft carrier, the Fujian, has sailed through the Taiwan Strait, according to Taiwan's Defense Ministry

The Independent UK

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The Independent UK

Supreme Court kills suit claiming Cisco’s technology helped China persecute Falun Gong members

The Supreme Court has granted tech giant Cisco’s bid to shut down a lawsuit claiming that the company’s technology was used to persecute members of the Falun Gong spiritual movement in China

The Economic Times

Foreign influence increasing over India's fintech sector: GTRI on Meta's investment in Cred

Think tank GTRI said that the deal gives Meta a foothold in one of the country's richest repositories of consumer financial-behaviour data, covering credit cards, loans, investments, insurance, and UPI transactions. On the other hand, it said China built its digital payments ecosystem through domestic champions such as Alipay and…

Tom’s Hardware

China's LineShine supercomputer dethrones US' El Capitan, secures first place in Top 500 list — first machine in the rankings to sustain more than 2 ExaFLOPS of double-precision performance using only CPUs

China's LineShine supercomputer is now officially the world's fastest FP64 machine, but its mixed-precision results are behind those of El Capitan, Frontier, and Aurora.

Euronews

Can the Caucasus and Central Asia become the next investment frontier?

For decades, international investors have focused on established destinations such as North America, Europe, China and, more recently, Africa. But as economic uncertainty and geopolitical tensions reshape global capital flows, attention is increasingly turning to the Caucasus and Central Asia.

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The Independent UK

Dettol apologises after advert promoting clean-up of ‘toxic men’ sparks backlash in China

Social media users denounce ‘trashy advertisement’ by British hygiene brand that is ‘toxic to people's minds’

The Economic Times

India's pharma supply chain remains 65 per cent dependent on China for critical inputs: NITI Aayog

India's pharmaceutical sector, despite being the "pharmacy of the world," faces significant reliance on China for raw materials, with nearly 65% of APIs and intermediates sourced from there. NITI Aayog's report highlights supply chain vulnerabilities and calls for moving up the value chain by fostering innovation and industry-academia collaboration. This…

France 24

'Temu version': World's largest Messi statue mocked online

PRESS REVIEW – Tuesday, June 23: This Tuesday marks 10 years since millions of British people voted for Brexit. The milestone comes one day after Prime Minister Keir Starmer's tearful resignation. Also, the internet goes crazy for "hot podium guy", a handsome sound engineer who sets up the lectern in…

Barchart

Stock Index Futures Plunge as Tech Selloff Rages On, U.S. PMI Data in Focus

September S&P 500 E-Mini futures (ESU26) are down -1.26%, and September Nasdaq 100 E-Mini futures (NQU26) are down -2.47% this morning as renewed concerns about sky-high tech valuations prompted investors to revisit their holdings.

The Economic Times

India will monitor Chinese steel imports before deciding on further curbs, source says

India is closely watching steel imports, particularly from China, for another two months before deciding on further actions. Despite a three-year import tariff imposed in December, the nation remained a net steel importer in May, with finished steel imports exceeding the recent average. Concerns are rising among domestic steelmakers as…

The Times of India

Will Asia return to Iranian oil? Tehran races to secure largest oil importers after US waiver, says report

Iran is actively seeking new buyers for its oil in Asia, including India, Japan, and South Korea, following a temporary US sanctions waiver. This move aims to clear millions of barrels stored at sea and diversify its customer base beyond China. While some refiners are cautiously exploring opportunities, uncertainty surrounding…

Caixin Global

Business Brief (June 23): China Bans 46 U.S. Firms From Government Procurement

ByteDance’s Doubao AI assistant tests ride-hailing service, several Chinese banks raise margin requirements for retail precious metals trading

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