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The Latest Breaking News from China

Dollar Gains on President Trump’s Softer Tone on Trade and Fed Independence

The dollar index (DXY00 ) today is up by +0.57%. The dollar is climbing today due to an easing of the harsh trade rhetoric against China after President Trump said he plans to be “very nice” to China in any talks and that tariffs will drop if the two countries...

Barchart

Boeing Says China Not Accepting Planes Over US Tariffs

Boeing's CEO confirmed Wednesday that China had stopped accepting new aircraft due to the US-China trade war, as the company's shares surged following a smaller than expected loss.

International Business Times

Superstore CEOs Urged Trump to Back Off Tariffs or 'Shelves Would Be Empty' Before Revealing Possibility of China Trade Talks: Report

Facing pressure from retail CEOs and spooked markets, President Donald Trump toned down his tariff threats and signaled potential trade talks with China.

Latin Times

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The Latest: Treasury secretary says trade war with China is not ‘sustainable’

U.S. markets opened with big gains Wednesday amid clear signs of relief after President Donald Trump said he would not attempt to fire the head of the Federal Reserve and Treasury Secretary Scott Bessent said he expects a “de-escalation” from unsustainable tariffs against China in the trade war between the…

The Independent UK

Stocks Surge as Rhetoric on Firing Powell Eases and China Trade Tensions Improve

The S&P 500 Index ($SPX ) (SPY ) today is up +3.14%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +2.57%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +3.74%. June E-mini S&P futures (ESM25 ) are up +3.08%, and June E-mini Nasdaq futures...

Barchart

The Nissan Frontier PHEV You Actually Want Is Here

Nissan's first plug-in hybrid pickup is alive. The Frontier Pro just debuted at Auto Shanghai, packing a four-cylinder engine and a single electric motor into a body that looks notably different from the pure combustion version we have today.

InsideEVs

UK government to ban use of ‘slave labour’ solar panels by new state-owned energy company

Campaigners have warned that Chinese slave labour is widespread throughout the renewables sector.

Euronews

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Tariff turmoil: How Tesla and other companies are dealing with the uncertainty of the trade war

Uncertainty over tariffs and an unpredictable trade war is weighing heavily on companies as they report their latest financial results and try to give investors financial forecasts

The Independent UK

July Lean Hog Futures Just Hit a 6-Week High. Is It Time to Buy?

The lean hog market stands to benefit from easing trade tensions with China and lower tariffs.

Barchart

Markets open sharply higher after Trump softens on China and says he has 'no intention to fire' Fed Chair Jerome Powell

All major indices show substantial early gains.

Fortune

This Man Just Disappeared

Plus: China's baby bust, tough talk on the Ukraine war, and more...

Reason

Hegseth Tried To Give Musk Access To Highly Classified Programs Related To China: Report

Pete Hegseth reportedly tried to include Elon Musk into dozens of special access programs related to China. He tried to do so bypassing the usual process, which includes lawyers

Latin Times

Elon says Tesla humanoid robots impacted by China's export ban on rare earth minerals — Optimus production is delayed due to a 'magnet issue'

Production of Tesla's Optimus robots is delayed because of the lack of rare earth metals.

Tom’s Hardware

IMF Warns Of 'Intensified' Risks To Outlook For Public Finances

Donald Trump's tariff plans have increased the risks to public finances, the International Monetary Fund said Wednesday, warning countries to get their spending plans under control and prepare for "sharper" trade-offs.

International Business Times

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Evening Standard

No 10 confident Chinese slave labour ban will not impact clean power 2030 plans

The change will ensure solar panels, wind turbines, and batteries must not contain materials suspected of being produced through slave labour.

International Business Times UK

Meet China's 'Rat People': Gen Z Are Ditching Work to 'Scroll, Eat, Sleep, Repeat'

Young Chinese are proudly embracing a new identity as 'rat people' – spending entire days in bed, surfing the internet and ordering takeaways whilst rejecting the nation's demanding work culture.

Fortune

‘The Sell America Trade’: Who's behind the sinking of the U.S. dollar

It's not China or Japan. It's everyone.

The Independent UK

Tesla’s fall in numbers: The staggering profit drops that forced Musk to step back from DOGE

ANALYSIS : A 71 per cent drop in profits and tanking share price have forced Elon Musk to cut down his time as Trump’s costcutter-in-chief. Alicja Hagopian and Karl Matchett explore what happened

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The Guardian - UK

Taiwan president will not attend Pope Francis’s funeral

Taiwan to send former vice-president despite Vatican being one of country’s few diplomatic allies

Tom’s Hardware

Chinese data centers refurbing and selling Nvidia RTX 4090D GPUs due to overcapacity — 48GB models sell for up to $5,500

Many Chinese AI data centers are letting go of their RTX 4090D GPUs and putting them on the market for profit.

International Business Times UK

China's First 'Gold Melting ATM' Goes Viral as Customers Deposit Jewellery and Get Paid for Its Value

Gold at Your Fingertips: How a New Machine in Shanghai Is Changing the Way People Cash In on Heirlooms

The Independent UK

Why China wants to build a nuclear power plant on the Moon

IN FULL

Latin Times

China Says 'Door Open' To Trade Talks After Trump Signals Tariffs Will Fall

Bringing further relief to global markets spooked by his aggressive trade policies, Trump also said on Tuesday he had no intention of firing US Federal Reserve Chair Jerome Powell.

The Independent UK

China plans to build a nuclear power plant on the Moon

The plans come as China steps up its ambitious space programme

Motor1

Nissan Surprises With Frontier Pro Plug-In Hybrid Truck

Seemingly out of nowhere, Nissan is launching an electrified Frontier. Although it carries the “Pro” suffix, the truck is unrelated to the Frontier Pro-X/Pro-4X sold in North America. The brand’s first electrified pickup broke cover today at Auto Shanghai in China and is based on the locally produced Nissan Dongfeng…

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