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The Latest Breaking News from China

Stock Index Futures Plunge as Bond Yields Climb, U.S. Inflation Data Awaited

June S&P 500 E-Mini futures (ESM24) are down -0.58%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.65% this morning as U.S. Treasury yields continued to rise following weak debt auctions and hawkish comments from a Federal Reserve official, while investors braced for key U.S. inflation data later this…

Barchart

Malaysia’s prime minister touts the country as a ‘neutral and non-aligned’ home for chip companies amid U.S.-China tensions

The chip industry is quickly becoming polarized between Washington and Beijing as semiconductors become a strategic commodity.

Fortune

US, China Defence Chiefs To Hold Rare Talks In Singapore

The expected meeting between the United States' Lloyd Austin and China's Dong Jun at the Shangri-La Dialogue will be the first substantive face-to-face talks between their countries' defense chiefs in 18 months.

International Business Times

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IMF upgrades its forecast for China's economy, but says reforms are needed to support growth

The International Monetary Fund has upgraded its forecast for China's economy, while warning that reforms are needed to sustain growth

The Independent UK

Shanghai Composite Index Ended Nearly Flat on Wednesday

Shenzhen Component Index closed up 0.25%

Caixin Global

More U.S. lawmakers meeting with Taiwan's president as China tensions mount

The visits of 2 U.S. delegations this week have raised Beijing's ire.

Axios

China Establishes .5 Billion Semiconductor Fund To Boost Tech Dominance

China's .5 billion semiconductor fund aims to boost tech leadership amidst US tensions, reflecting determination for self-reliance and global tech domin...

Top News

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IMF Lifts China Growth Forecast But Warns On Industrial Policy

The International Monetary Fund on Wednesday raised its yearly growth forecast for China, but warned that Beijing's industrial policy risks a "misallocation" of resources and could harm trade.

International Business Times

Ukraine war briefing: Macron, Scholz agree Kyiv should use allies’ weapons against launchers in Russia

Nato secretary general says alliance members should allow deep strikes, which White House says it doesn’t ‘encourage or enable’. What we know on day 826

The Guardian - AU

Xi Prioritizes Policies to Reduce Youth Unemployment in China

China’s president calls for efforts to promote high-quality employment as more graduates prepare to join job market

Caixin Global

China-made Moore Threads AI GPUs used for three billion parameter LLM training — MTT S4000 appears competitive against unspecified Nvidia solutions

Multitudes of Chinese Moore Threads S4000 AI GPUs have been put into a new computing cluster and used for LLM training, showing what appears to be competitive performance against unspecified Nvidia AI GPUs.

Tom’s Hardware

Trump suggested at fundraiser he ‘would have bombed’ Russia and China

The former president’s comments came as a surprise to some donors

The Independent UK

Huawei patent reveals 3nm-class process technology plans — China continues to move forward despite US sanctions

Huawei's self-aligned quadruple patterning patent covers both 3nm and 5nm process technologies, which would allow SMIC and China to create more advanced chips despite the ongoing U.S. sanctions.

Tom’s Hardware

Affordable Electric Cars Don’t Just Happen

China's electric vehicle policies have led to a growing, robust market of affordable cars. America needs to run a similar playbook, and soon.

InsideEVs

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Space

Chinese astronauts perform record-breaking spacewalk outside Tiangong space station (video)

Two Chinese astronauts spent about 8.5 hours outside the Tiangong space station today (May 28), setting a new spacewalk-duration record for the country.

The Independent UK

Zelensky urges Biden to attend Ukraine peace summit – saying only Putin would applaud him staying away

Vladimir Putin has dismissed the Swiss peace summit as ‘pointless’ as his officials continue to try to discourage participation

TechRadar

China says it will use more tech to clamp down on online counterfeits

As it ramps up IP and counterfeit enforcement, China’s State Administration for Market Regulation commits to more tech.

Bored Panda

“Obliterating Everything”: 30 Of The Most Monumental Mistakes In History

Someone asked “What was arguably the biggest f***-up in history?” and netizens shared their best examples. The post “Obliterating Everything”: 30 Of The Most Monumental Mistakes In History first appeared on Bored Panda.

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Radio France Internationale

No last hooray for Alizé Cornet at French Open as Zheng beats French veteran

Alizé Cornet's 20-year tennis career came to an end on Tuesday under the roof of centre court with a straight sets defeat to Qinwen Zheng from China.

Space

Just keep swimming! Zebrafish doing fine in zero gravity on China's Tiangong space station (video)

The four zebrafish China sent to its space station are thriving after spending almost a month in orbit.

Latin Times

Venezuelan opposition candidate Edmundo González vows to review relations with Cuba, Iran and China if elected

"It is not possible for Venezuela to maintain a presence with countries where human rights are not respected," he said in a recent interview.

Al Jazeera

Taiwan’s parliament passes bill pushing pro-China changes

Thousands protested outside Taiwan’s parliament after reforms seen as reducing the president’s power were passed.

Top News

Taiwan's Legislature Passes Changes Favoring China, Diminishing President's Power

Taiwan's legislature passes changes favoring China, sparking public outcry and accusations of undermining democracy.

Newslaundry

The neighbourhood’s concerns: The China factor and the South Asian eye on India polls

Five countries in South Asia are electing new governments this year. Among them is India, which has been competing with China for a larger share of influence in the region.

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