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The Latest Breaking News from China

Yuan or Dollar? Indian businesses explore alternatives as import costs climb

Indian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise localisation and supply-chain diversification over currency shifts. While yuan gains attention, established dollar-based trade remains the preferred, more familiar mechanism for smaller enterprises.

The Economic Times

Ukrainian drone makers target Asia as Taiwan tensions spur demand

Firms court Asian militaries spending to counter China, as US says drone

Bangkok Post

US tells ASML it's concerned one of its chipmaking tools may be in China: report

ASML has pushed back against those concerns, noting that EUV, or extreme ultraviolet, lithography tools used to print tiny chip circuits are made in small ⁠quantities and ‌require constant upkeep from ASML employees, according to the report.

The Economic Times

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EU leaders back stronger trade defences amid Chinese export surge

EU leaders agreed on Thursday to strengthen trade defences against a Chinese exports surge that Brussels views as a threat to European industry, while maintaining “constructive dialogue” with Beijing. The move reflects growing concern over the EU’s dependence on China, as the bloc’s goods trade deficit reached about 360 billion…

France 24

For women in China frustrated by sexism, female comics are offering a release

Standup comedy gives women a space to talk about certain topics that have become more sensitive, while performers remain wary of censorship limits

The Guardian - AU

iCAUR V23 Wins Red Dot Award: Design Concept 2026, Gaining International Recognition for Classic Design

WUHU, China, June 19, 2026 (GLOBE NEWSWIRE) -- Chery Group's iCAUR V23 has won the Red Dot Award: Design Concept 2026 in Germany.Founded in 1955, the Red Dot Design Award is one of the world's three most prestigious design honors, alongside the iF Design Award and the IDEA (International Design…

AAP

The US almost blacklisted DeepSeek for contributing to China’s military and intelligence — but the White House held back to avoid escalating tensions

Chinese firms were not added to the Entity List ahead of Trump's meeting with Chinese premier Xi Jinping.

TechRadar

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Russia and China Racing to Clone Captured UFOs to Launch 'Extraterrestrial Arms Race,' Declassified Files Reveal

Newly released US files suggest Russia and China may be reverse-engineering UFOs, sparking debate on national security and transparency. The files raise more questions than answers about extraterrestrial technology.

International Business Times UK

Volkswagen Has 10+ New Models Coming In 2026. Here's All Of Them

This year is one of the busiest years on record for the core Volkswagen brand.

Motor1

AION UT Posts 60% Month-on-Month Growth in May, Becoming the Fastest-Growing Chinese EV Hatchback

GUANGZHOU, China, June 18, 2026 /PRNewswire/ -- The global momentum of the AION UT continued to build in May 2026, with monthly sales reaching 3,331 units – a 60% increase month-on-month – making it the fastest-growing Chinese-brand electric hatchback in its segment.Since its global debut in 2025, the AION UT…

AAP

EU leaders weigh new trade defences to counter China's export dominance

European Union leaders will debate on Thursday whether the bloc needs stronger trade defences to curb a surge of Chinese exports that Brussels sees as a threat to European industry and jobs.

Radio France Internationale

How large-scale AI drives the evolution of video encoding to intelligent understanding

HANGZHOU, China, June 18, 2026 /PRNewswire/ -- Hundreds of millions of security cameras operate 24/7 worldwide, and the industry-wide shift to HD and 4K+ resolutions—combined with expanding channel counts and longer retention mandates—is fueling explosive growth in video storage. Meanwhile, hard drive prices remain unstable and enterprise storage budgets keep…

AAP

Border Force officer and Hong Kong trade official jailed for spying for China

Peter Wai and Bill Yuen sentenced to 10 and eight years in first convictions under National Security Act

The Guardian - UK

UK border official and former Hong Kong cop jailed for spying on behalf of China

A former U.K. border official and a retired Hong Kong police officer have been sentenced for spying on dissidents in Britain

The Independent UK

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The Economic Times

India poised to drive next wave of global steel demand, says Lakshmi Mittal

India is set to lead global steel demand in the coming decades. Large-scale infrastructure projects, urban growth, and energy transition investments will drive this expansion. ArcelorMittal's Executive Chairman, Lakshmi Mittal, highlighted India's emerging role, comparing it to China's past growth. The company's 20th anniversary marks a new phase for the…

International Business Times UK

'A Vast Espionage Machine': China's Spy Network Is Expanding and AI Could Make It Harder To Stop

China's spy network is expanding worldwide, with experts warning that AI could make espionage operations harder to detect as governments investigate suspected cases.

The Independent UK

Spies jailed over ‘shadow police’ operations for China in UK

IN FULL

Bangkok Post

Yum sells Pizza Hut business for $2.7 billion

‌Yum Brands has announced that it would sell its Pizza Hut chain for a combined $2.7 billion in two deals that highlight separate trajectories for its business in China and the rest of the world.

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The Conversation

How China’s ‘red lines’ are quietly shaping global news reporting

In late 2013, Bloomberg’s then editor-in-chief, Matthew Winkler, spiked an investigation into the hidden wealth of China’s elite. Publishing it, he warned reporters on a call, would “wipe out everything we have tried to build.”

AAP

Flexsys Announces Price Increase for Insoluble Sulfur in Asia

AKRON, Ohio, June 18, 2026 /PRNewswire/ -- Effective on or after June 18, 2026, or as contracts allow, Flexsys is announcing a price increase in Asia for the following products, in the following territories: Insoluble Sulfur, all grades and pack types, in China: +US$ 0.60/kgInsoluble Sulfur, all grades and pack…

The Times of India

Meet Steven Schwartz: The Gen Z founder who sold water bottles as a child and built a $1.6 billion company creating 650 millionaires

Whop has emerged as a fast-growing layered digital marketplace reshaping how creators monetise online audiences through courses, communities, tools and niche digital products. Unlike traditional platforms, it enables individuals to build multiple income streams by serving tightly defined micro-niches that scale through volume rather than celebrity influence. Founder Steven Schwartz,…

The Independent UK

Two men jailed in UK for spying for China

Peter Wai conducted ‘shadow policing’ operations on Hong Kong pro-democracy protesters living in the UK on the orders of his handler Bill Yuen

The Independent UK

Taiwan presses Washington for billions in weapons as China tensions grow

Taiwan’s top diplomat in the United States has issued an urgent plea for American weaponry, asserting the island’s critical need for self-defense capabilities against an escalating threat from Beijing.

AAP

Two men jailed in Britain for spying for China

A British immigration officer is among two men who have been found guilty of helping Chinese intelligence spy on pro-democracy dissidents in the UK.

Evening Standard

Heathrow special constable and his Hackney-based taskmaster jailed for total of 18 years for spying for China

Dual Chinese-UK national Peter Wai carried out 'shadow policing' ops on Hong Kong pro-democracy protesters and dissidents living in Britain on the orders of Bill Yuen, court told

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