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The Latest Breaking News from China

US drops Indo, keeps the Pacific: Pentagon renaming deepens unease as Donald Trump assures 'we are there for India'

The Pentagon has reverted the Indo-Pacific Command to its former name, Pacific Command, sparking concerns about India's strategic standing. While officials claim no mission change, analysts interpret the move, coinciding with a less warm Trump-Modi meeting, as a potential recalibration of US Asia policy and diminished enthusiasm for the Quad…

The Times of India

China, India, Iraq: Iran has billions in frozen assets. But where is it stored?

Iran has spent years trying to regain access to billions of dollars in overseas funds frozen by sanctions. Now, as Tehran enters negotiations with the Trump administration over a broader agreement to end the conflict and address its nuclear programme, those assets have become one of the most important issues…

The Times of India

EU chases tech independence but gaps remain

Europe wants more homegrown tech to cut its dependencies on the United States and China, but the EU warned Wednesday the bloc has more work to do. But to achieve this objective, the EU must bring electricity costs down relative to the United States and China where energy prices are…

The Economic Times

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'I'm the boss', Trump says at G7, as he warms to Ukraine's war aims

Global leaders at the G7 summit have united in their support for Ukraine, vowing new sanctions against Russia. President Trump indicated a stronger position on Ukraine's battlefield gains. Discussions also focused on critical minerals and economic imbalances. Trump emphasized that a preliminary Iran deal is not final and could be…

The Economic Times

Steven Schwartz, Whop founder who sold water on China's streets, created 650 millionaires. Meet the 26-year-old grabbing headlines

Steven Schwartz, a 26-year-old entrepreneur, co-founded Whop, a social commerce platform now valued at $1.6 billion. He once sold water on the streets of China and today, he is the head of one of the fastest-growing digital commerce platforms in the world. His idea is to make work more fun.

The Economic Times

Lululemon faces backlash in China for using Japanese drum at Great Wall yoga festival

Critics say presenting Japanese performance as Chinese culture misleading and politically insensitive

The Independent UK

Tech Brief (June 17): Ant Revamps Alipay With AI Assistant in Biggest App Overhaul

SiliconFlow raises $294 million as China’s AI inference demand surges, Alibaba unveils Qwen-Robot AI models

Caixin Global

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Business Brief (June 17): Central Banks Expected to Keep Buying Gold

Alibaba unveils its first embodied AI model, while China plans safety standards for automated driving

Caixin Global

Ancient Chinese city opens hidden treasures to visitors: How the 5,000-year-old Shijiahe civilisation built walls, canals and a thriving urban centre

For thousands of years, the remains of a remarkable prehistoric city lay buried beneath the plains of central China, preserving clues to one of the Yangtze River region's earliest urban civilisations. Now, new visitor access and archaeological discoveries are shedding fresh light on the Shijiahe Culture, a sophisticated society that…

The Times of India

'I'm the boss,' Trump says at G7, as he warms to Ukraine's war aims

Global leaders at the G7 summit in France have united to support Ukraine with fresh sanctions against Russia. President Trump declared 'I'm the boss' as discussions focused on Ukraine's improved battlefield performance. Leaders also addressed economic security, supply chains for critical minerals, and global trade imbalances, particularly concerning China's dominance.…

The Economic Times

China to support IPOs by 'future industry' startups, large model companies

The announcements came after China's top securities regulator vowed to "actively embrace" a new phase of technological revolution and industrial upgrades. The move also comes as Wall Street is hosting major initial public offerings from SpaceX, OpenAI and Anthropic.

The Economic Times

BMW warns of ‘significant’ profit decline as shares fall 7%

The German luxury carmaker lowered its profit outlook for 2026 as sales slump in China and the conflict in the Middle East weighs on energy prices and consumer confidence.

Euronews

China condemns new Taiwan intelligence tip website, vows ‘resolute countermeasures’

Beijing has reacted sharply to Taiwan's latest intelligence initiative designed for Chinese nationals, warning of 'strong counteractions' and charging Taipei with provoking further strains across the Strait. The website, introduced by Taiwan's National Security Bureau, is intended as a secure means of communication, reflecting increasing frustration among the Chinese populace…

The Times of India

Pizza Hut: From $600 loan to 20,000 stores and the new $2.7 billion twist for the global empire

Pizza Hut, a nearly 70-year-old American icon, has been split in a $2.7 billion deal. Yum Brands is selling its international business outside China to LongRange Capital, while Yum China acquires the China operations. This division highlights Pizza Hut's contrasting fortunes globally and in China.

The Economic Times

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The Guardian - UK

Lululemon apologises after Japanese drum row at Great Wall yoga event

Online uproar follows Canadian brand’s use of taiko drum at sponsored festival held to celebrate Chinese culture

The Independent UK

Kenya accused of deporting Taiwanese conference delegates on China's behalf

Taiwan has blamed China for pressuring the Kenyan government to deny Taiwanese scholars entry to attend a global oceans conference and for deporting them

Tom’s Hardware

Chinese memory brands ditch Samsung and Micron for homegrown CXMT and YMTC silicon — Corsair, HP, and Dell are already adopting the China-produced DDR5 chips

Chinese memory brands Gloway and KingBank have begun using homemade chips to produce DDR5 memory kits in lieu of Samsung, Micron, or SK hynix DRAM.

The Independent UK

Protesters block copper exports to China from Rio Tinto mine in Mongolia

Protesters have blocked copper exports from a Rio Tinto mine in Mongolia, partially disrupting supply of a mineral important to China's renewable energy sector

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Bangkok Post

Philippines says floating platform removed from Scarborough Shoal

MANILA — The Philippine task force on South China Sea issues confirmed on Wednesday that a floating platform previously detected in the Scarborough Shoal has been removed.

Bored Panda

30 Unfiltered Images That Show Real Life Across The Globe By This Street Photographer (New Pics)

The world looks a little different when you slow down and start paying attention to the people around you. That’s exactly what photographer Andrés Ramos does. Through his travels, he captures everyday scenes as they unfold naturally across the world. Thanks to his work, we are able to take a…

The Economic Times

US holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks, sources say

DeepSeek, CXMT and other companies were approved by an interagency committee last year for addition to the Commerce Department's Entity List, which is being reported for the first time. Reuters is also exclusively reporting the large number of companies awaiting publication on the list.

The Economic Times

U.S. held back blacklisting DeepSeek, over 100 Chinese firms despite security concerns, sources say

America has delayed adding over 100 Chinese firms, including AI startup DeepSeek and chipmaker CXMT, to a trade blacklist. These companies were flagged for national security risks. The US aims to prevent further escalation of tensions with Beijing.

The Economic Times

India's steel capacity utilisation to stay above 90% on strong demand: Kotak

India's steel sector is booming, with demand showing impressive growth and factories running at high capacity. While steel prices have dipped a bit, hot-rolled coil prices are holding steady. This stability is expected to persist, leading to better profit margins for companies. The industry is optimistic about continued strong demand…

The Economic Times

Are the EU and China heading for a trade war?

Europe's trade gap with China is widening. This is leading to protective measures on items like electric vehicles and e-commerce. Leaders are meeting to discuss the growing trade conflict. Beijing wants dialogue but warns of retaliation. The risk of a trade war is real, though both sides have reasons to…

The Economic Times

The new man of steel! India seen filling the void China may leave

India Steel Industry Growth 2026: Global steel demand is shifting from China to India and Southeast Asia. India's steel consumption is low, offering significant growth potential. Unlike China's property-driven boom, India's demand will stem from infrastructure, manufacturing, and urban development. This growth will be more gradual, influenced by execution challenges…

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