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The Latest Breaking News from China

67 Cars So Ugly They Somehow Became Legendary

Every driver deserves to sit behind the wheel of a stylish, elegant, powerful, safe, and efficient vehicle. Consumers want true quality, but not every designer is capable of providing it. Something goes wrong between the brainstorming and blueprints, and what rolls off the factory floor is an abomination. Sure, you…

Bored Panda

Qualcomm plans China-specific data center chips — new Dragonfly lineup will include nerfed AI accelerators that comply with export thresholds

Qualcomm has announced that it will bring all four of its Dragonfly data center product lines to China.

Tom’s Hardware

What time is it on the moon? The US and China disagree

Why making lunar standard time is in everyone's best interests.

Space

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Anthropic Accuses Alibaba of Attempting to Steal Claude AI Secrets Using 25,000 Fake Accounts

Anthropic accuses Alibaba of orchestrating a large-scale AI capability siphoning operation, involving 25,000 fake accounts and 28 million queries, raising concerns about US-China AI competition

International Business Times UK

Porsche Layoffs: 3,900 Jobs Cut as Profit Margins Drop to 1% and Investors Lose Patience

Porsche is implementing a restructuring plan involving job cuts and strategic shifts to address declining profits, market challenges, and reduced demand, particularly in China.

International Business Times UK

After Anthropic shutdown, China's Z. ai closes frontier gap as it plans dual listing

Chinese AI firm Z. ai is aiming for artificial general intelligence, fueled by strong investor interest after its GLM-5.2 model neared top US AI performance. The company plans a domestic listing to fund this ambitious goal. This development comes as global allies express concern over reliance on US-controlled AI, highlighting…

The Economic Times

Stocks Rally Before the Open on Upbeat Micron Earnings, U.S. PCE Inflation Data in Focus

September S&P 500 E-Mini futures (ESU26) are up +0.78%, and September Nasdaq 100 E-Mini futures (NQU26) are up +2.15% this morning as upbeat quarterly results and guidance from memory chipmaker Micron Technology boosted sentiment.

Barchart

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Bangladesh, China agree to deepen Teesta cooperation during Rahman's Beijing visit

Rahman travelled to the Chinese city of Dalian from Kuala Lumpur on June 22 after attending the World Economic Forum in Malaysia, which marked his first overseas visit since assuming office earlier this year. He later travelled by high-speed train to Beijing on Wednesday and is scheduled to meet President…

The Times of India

Bangladesh, China agree to strengthen cooperation on Teesta river management: report

Bangladesh and China have agreed to boost cooperation on managing the Teesta and other rivers. Prime Minister Tarique Rahman, currently in Beijing, sought Chinese technical assistance for the Teesta project and broader water resource management initiatives. China pledged full support, offering training and sharing its expertise. This development comes as…

The Economic Times

China defends patrols east of Taiwan after 3 European nations raise alarm

China has defended its recent patrols in waters east of Taiwan, following concerns raised by Britain, France, and Germany

The Independent UK

China angered, Taiwan cheered by Western allies' alarm over Chinese Coast Guard activities

International concern is mounting over China's assertive maritime actions near Taiwan. The US, Britain, France, and Germany have voiced alarm, while Taiwan expresses gratitude for their support. Beijing claims these patrols are legitimate exercises, but Taipei and its allies view them as maritime expansionism threatening regional stability and international law.…

The Economic Times

China state refiners considering resuming Iran oil imports, sources say

China's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a potential shift since 2019. Despite this, industry sources suggest interest may be tempered by ample alternative supplies and weakening domestic fuel demand. The complex logistics of banking, insurance, and…

The Economic Times

India's CDMO industry set for global shift as pharma diversifies beyond China: Sai Life Sciences

Indian contract manufacturers are poised for significant growth as global pharmaceutical giants diversify away from China. Companies like Sai Life Sciences are investing heavily in capacity, anticipating a surge in demand. While regulatory processes mean benefits will be gradual, this supply-chain realignment presents a landmark opportunity for India's CDMO sector,…

The Economic Times

India initiates anti-dumping probe against 3 Chinese products

India has launched anti-dumping investigations into imports of thermal paper, BOPA film, and certain antioxidants, primarily targeting China. Domestic manufacturers filed complaints alleging material injury from cheap inbound shipments. The Directorate General of Trade Remedies will assess dumping and its impact, with the finance ministry making the final decision on…

The Economic Times

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Caixin Global

Business Brief (June 25): China Unveils Rules for Supply Chain Security Probes

ByteDance launches paid tier for its AI assistant Doubao, TSMC reportedly plans to hike prices across all advanced process nodes

AAP

Australia open to Pacific-wide security pact push

As Australia and China engage in a tug-of-war for influence in the Pacific, Canberra will weigh up new security deals floated by regional partners.

The Economic Times

India may approve $370 million Chinese-linked auto investment, first in nearly a decade

India is poised to approve a significant $370 million investment from Horse Powertrain Ltd., a hybrid-engine venture backed by China's Geely and France's Renault. This move, one of the largest Chinese-linked manufacturing investments in years, will see advanced hybrid powertrains built in India, potentially at Renault's Chennai plant. The investment…

The Economic Times

Brazil plans up to $735 million panda bond issuance, says finance minister

Brazil is set to launch its inaugural panda bonds, aiming to raise up to 5 billion yuan ($735 million). This significant debut marks Brazil as the fifth sovereign issuer in China's domestic debt market within a year. Finance Minister Dario Durigan stated the move is a crucial "test" to facilitate…

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The Economic Times

India’s development ladder after AI: What comes next?

India’s future prosperity may increasingly depend on empowering its smaller economic units to become more productive using AI.

The Economic Times

Global Market: China's 'future industries' investment boom sparks valuation bubble concerns

China is witnessing a massive surge in venture capital, pouring billions into futuristic sectors like space, quantum computing, and AI. This investment frenzy, driven by Beijing's ambition to lead in technology and reduce reliance on foreign tech, sees even revenue-less startups attracting significant funding. Investor confidence is high, with new…

The Economic Times

Anthropic says Alibaba illicitly extracted Claude AI model capabilities

US AI firm Anthropic has accused Chinese tech giant Alibaba of orchestrating the largest known attempt to steal its artificial intelligence capabilities. The company alleges Alibaba used nearly 25,000 fraudulent accounts to extract data from its Claude chatbot between April and June 2026, aiming to replicate its advanced AI model.

The Guardian - AU

What is China’s SpaceSail, and could it rival Elon Musk’s Starlink?

The company has just a few hundred satellites in low Earth orbit but has state backing and is already reportedly negotiating with dozens of countries

The Economic Times

India eyes chip investments at Pax Silica Summit

India is actively seeking semiconductor investments and multilateral funding at the Pax Silica summit in Washington D.C. The nation aims to leverage the US's $250 million seed fund to bolster its growing semiconductor manufacturing and design capabilities. This initiative is part of a broader global effort to diversify supply chains…

Bangkok Post

Thailand's trade deficit isn't transitory

This article is intended to rebuke the Bank of Thailand (BoT) and those who believe Thailand's trade deficits are "transitory" and will return to a surplus once oil prices fall back to normal levels.

The Independent UK

Alibaba sues the US Defense Department in a bid to remove 'Chinese military company' designation

Alibaba has sued the U.S. Department of Defense, demanding removal from a list naming it a Chinese military company

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