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The Latest Breaking News from China

China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summit

For eight years, the United States has waged economic war on China, slapping big taxes on Chinese products before they enter America

The Independent UK

China's May retail sales fall for first time in over three years

China's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail sales falling for the first time in over three years. Investment also slumped, deepening concerns about domestic demand. Experts anticipate policy adjustments to boost consumption.

The Economic Times

After Iran, China has a powerful new oil price weapon

China has emerged as the world's first oil "swing importer," significantly reducing its imports by a third to an eight-year low. This move, driven by necessity during the Iran conflict, demonstrates Beijing's ability to stabilize global oil prices and mitigate geopolitical risks, a stark contrast to historical demand patterns.

The Economic Times

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China's new home prices fall faster in May as property slump persists despite big-city resilience

China's new home prices saw a 0.2% dip in May from April, marking a steeper decline and a 3.5% year-on-year fall. While larger cities show signs of stabilization with price increases, smaller cities continue to experience falling prices. Property sales and investment also declined more sharply in the first five…

The Economic Times

"Made in China" Light Rail Vehicles Support Transit Upgrades Ahead of Global Soccer Tournament in Mexico

MEXICO CITY, June 16, 2026 /PRNewswire/ -- A fleet of 115 light rail vehicles, developed by CRRC Corporation Limited ("CRRC"), serving the tournament's three host cities in Mexico, is expected to carry more than 1.25 million passengers each day. The vehicles provide fans with a visible example of China's advanced…

AAP

China's May retail sales fall first time in three years

There is a two-speed ‌growth pattern in China's economy, with the export sector showing stellar performance but domestic demand worsening.

AAP

US connected-car rule prompts Ford, other automakers to seek licenses for China-built models

Automakers like Ford are seeking U.S. government authorization to continue selling vehicles with Chinese-linked software, facing a ban set to take effect for model year 2027. This complex process highlights the auto industry's deep ties to China's supply chains, with hardware restrictions expected to pose even greater challenges.

The Economic Times

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India Inc. is profitable. So why isn’t it investing?

Indian companies are making record profits, but they are not investing in new factories or infrastructure. This is creating fewer jobs and increasing inequality. Unlike China, which invests heavily, Indian businesses are hesitant. This trend risks trapping India in scarcity. Leaders must decide on a path towards mass affluence now.

The Economic Times

Is the Iran war just an energy shock - or a turning point?

A potential U.S.-Iran peace deal to reopen the Strait of Hormuz could signal a watershed moment for global energy markets, moving beyond a temporary blip. While immediate relief is expected, the long-term impact hinges on consumer and government behavior shifts towards renewables and EVs, potentially challenging fossil fuel dominance.

The Economic Times

Hong Kong seeks input on its first 5-year plan in an echo of mainland China's playbook

Hong Kong has launched a public consultation for its first five-year plan in a politically symbolic step that brings it closer to mainland China's development approach

AAP

Most Countries Perceive China As Leading The AI Race Over US: Poll

In major U.S. allies, including France, Canada, and the United Kingdom, China is perceived as being ahead of the U.S. in the artificial intelligence race, according to a new poll.

International Business Times

Why I’m Buying Nike After Warning About Its Relevance Problem

Nike’s relevance problem is now obvious, but at $45 I think the market is pricing it as permanent when it may simply be a fixable reset.

Barchart

China cuts nearly a third of ‘obsolete’ arts degrees in university programs

IN FULL

The Independent UK

China's subsidy edge poses biggest challenge to Make in India

As Indian manufacturers navigate the challenging waters of global trade, they find themselves increasingly overshadowed by Chinese businesses that enjoy significant state backing. An OECD report underscores the disparity, revealing that Chinese firms are often recipients of extensive subsidies, tax incentives, and affordable credit, which gives them a much-needed edge.

The Economic Times

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The Economic Times

India's exports to US remain flat in May, imports rise 54.43%

India's trade with the US saw exports remain steady in May, but imports climbed significantly. Trade with China experienced a notable surge in both exports and imports. Several other countries also showed positive export growth. However, some nations registered a decline in exports. Imports from specific countries like Brazil and…

InsideEVs

A Chinese Car Brand Says It Hired A Top Ferrari Designer. Ferrari Wants A Name

Luxeed says it hired a former Ferrari chief designer. Ferrari’s China PR boss publicly challenged the claim by asking who that was.

InsideEVs

The Xiaomi SU7 Made Me Understand How Xiaomi Conquered China

The updated SU7 Sedan is great, and the way it got here should strike fear in the hearts of every global auto manufacturer.

The Independent UK

China’s universities cut thousands of ‘obsolete’ arts degrees in AI overhaul

Nearly a third of China’s university programmes have been impacted

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The Guardian - UK

EU trade deficit with China reaches record €1bn a day, data shows

Import and export figures come as European leaders prepare to meet this week to address growing imbalance

Tom’s Hardware

China's supreme court bans Infineon from selling GaN power chips in China — market-leader Innoscience secures major victory in multi-region patent war

China's Supreme People's Court on Friday upheld an injunction prohibiting Infineon from selling disputed GaN products in mainland China.

Dot Esports

PGL brings $1 million Counter-Strike 2 tournament to China in 2027

Romanian production company PGL will host a major Counter-Strike 2 tournament in China from April 14-26, 2027, featuring a $1 million prize pool.

AAP

Take to the Pitch, Feel GAC's Power: Where Cars and Football Create the Perfect Synergy

GUANGZHOU, China, June 15, 2026 /PRNewswire/ -- The world's most anticipated football spectacle is now in full swing. On the pitch, players sprint, turn and score with everything they have, constantly pushing the limits of athletic performance. This relentless competitive spirit perfectly mirrors the core of a great automobile. Riding…

AAP

APEC China CEO Forum to Open Alongside China International Supply Chain Expo, Boosting Asia-Pacific Cooperation

BEIJING, June 15, 2026 /PRNewswire/ -- The APEC China CEO Forum, hosted by China Council for Promotion of International Trade (CCPIT), a flagship business event during APEC China Year, will take place in Beijing on June 21, one day before the opening of the Fourth China International Supply Chain Expo…

We Got This Covered

China warns citizens of ‘secret war’ claiming that foreign intelligence agencies are deploying spy turtles and spy fish

This technique has been used in the past.

Fortune

BYD wants to become the world’s largest automaker. Stella Li is taking that pitch on the road

Stella Li has driven BYD’s rapid transformation into the world’s largest EV maker, spearheading its global expansion across Europe, Asia, and Latin America.

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