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The Latest Breaking News from China

How Microsoft’s new Gaming Chief Strategy Officer Matthew Ball could save Microsoft's Xbox business

XBOX has a new chief strategy officer as part of another leadership shakeup from CEO Asha Sharma. How might Matthew Ball handle XBOX's future? We can infer a bit from his own analysis.

Windows Central

US to invest $2 billion in IBM, other quantum computing firms

US government will invest $2 billion in nine quantum computing firms, including IBM’s new chip venture Anderon, to strengthen America’s lead in advanced computing and counter China. IBM gets $1 billion, GlobalFoundries $375 million, while smaller firms like D-Wave and Rigetti also receive funding amid rising investor interest.

The Economic Times

A veteran Panama Canal engineer becomes first woman to lead the interoceanic waterway

Panamanian President José Raúl Mulino has announced Ilya Espino de Marotta as the new head of the Panama Canal, starting October 1

The Independent UK

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A fluid global geostrategic chessboard

More geostrategic roads are undeniably leading to Beijing. Russian President Vladimir Putin's visit to the Chinese capital this week and his summit meeting with President Xi Jinping should be viewed both in conjunction with and in contrast to American President Donald Trump's similar outing less than a week earlier.

Bangkok Post

European carmakers face EU pressure to diversify chip suppliers

EU set to force carmakers to source chips from multiple suppliers after the Nexperia crisis exposed dangerous dependence on a single Chinese-linked provider.

Euronews

China BAK Battery Touts India Growth, AI Backup Power and Undervalued Stock

China BAK Battery (NASDAQ:CBAT), referred to in a company presentation as CBAK Energy, outlined its growth strategy, customer base and valuation case during a recent investor event, emphasizing its position in cylindrical lithium iron phosphate battery cells and its expansion opportunities in electr

MarketBeat

Walmart’s international sales growth in Q4 driven by Flipkart, China units

Flipkart powered Walmart's international growth in the first quarter of FY27. The ecommerce company boosted advertising revenue and profitability and its quick commerce offering, Flipkart Minutes, is scaling faster deliveries. This quick commerce push aligns with Walmart's global strategy to enhance ecommerce economics.

The Economic Times

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As Alibaba Unveils Better AI Tools, BABA Stock Offers a Tantalizing 37% Upside Potential Here

Alibaba has unveiled its latest Zhenwu M890 AI chip and next-gen LLM model Qwen 3.7-Max.

Barchart

WCIFIT Opens in Chongqing with 1,400 Global Firms, Showcasing Robots, Flying Cars, and Local Cuisine

CHONGQING, China, May 21, 2026 /PRNewswire/ -- A news report from iChongqing - The 8th Western China International Fair for Investment and Trade (WCIFIT) opened in Chongqing on May 21, bringing together nearly 1,400 companies from 50 countries and regions to explore new opportunities in investment, trade, and industrial cooperation…

AAP

NIO Q1 Earnings Call Highlights

NIO (NYSE:NIO) reported sharply higher first-quarter deliveries and revenue, with management pointing to stronger margins, a broader product cycle and continued investment in battery-electric vehicle technology as key themes for 2026. On the company’s earnings call, William Li, NIO’s founder, chair

MarketBeat

Faultlines & Frontlines: First Trump, then Putin — Xi's China sheds world's factory tag, now global powerbroker

Since US President Donald Trump began his second administration, there has been a noticeable shift in the White House’s diplomatic posture. World leaders have made the now familiar walk into the Oval Office for meetings that often turned heated. Ukraine’s Volodymyr Zelenskyy was publicly berated. South African President Cyril Ramaphosa…

The Times of India

China's real-life 'transformer' mech is a giant humanoid robot that can switch from bounding on 4 legs to walking on 2

The new 'mecha' robot, which weighs over 1,000 pounds and stands nearly 10 foot tall, is designed for urban mobility.

LiveScience

"Entire nations will hate you": Steam expert warns devs to use good regional pricing and localization if they don't want Silksong-style review bombs

Bad localization may see players "hate you in a language you don't understand," Tom Kaczmarczyk says

GamesRadar

Two‑day Global Prosperity Summit 2026 concludes successfully

HONG KONG, May 21, 2026 /PRNewswire/ -- The two‑day Global Prosperity Summit 2026 (GPS 2026) successfully concluded today following three fruitful panel discussions. The second day's agenda focused on digital finance, international trade and aerospace development, bringing together global leaders and experts to exchange insights on issues critical to Hong…

AAP

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MarketBeat

NetEase Q1 Earnings Call Highlights

NetEase (NASDAQ:NTES) reported higher first-quarter revenue for 2026, driven by continued growth in its games business and stronger gross margins, while management highlighted momentum across major titles including Where Winds Meet, Marvel Rivals and the Fantasy Westward Journey franchise. Total ne

MarketBeat

BingEx Q1 Earnings Call Highlights

BingEx (NASDAQ:FLX), which operates under the FlashEx brand, reported first-quarter 2026 revenue of RMB 935.3 million, down from RMB 960.8 million a year earlier, as management cited intensifying market competition in China’s on-demand delivery industry. Founder, Chairman and Chief Executive Office

The Economic Times

Ralph Lauren shares jump 10% as strong China sales help fuel growth

The revenue growth was led by sales in Asia, the company said, with particular ‌strength in China ⁠during the ⁠Lunar New Year. Wall Street investors are focused on how luxury brands are performing in the Chinese market, where consumers have shown signs of strain in recent months and luxury spending…

The Conversation

Putin and Xi: Russian president’s China trip shows for the second time in a week how rapidly the world order is changing

Hot on the heels of his summit with US president Donald Trump, China’s Xi Jinping hosted his Russian counterpart Vladimir Putin in Beijing on May 19 and 20.

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The Economic Times

Trump called her 'Most Beautiful in the World', media mistook her for Melania twice, now everyone wants to know who Margo Martin is dating

Margo Martin, a senior communications aide to Donald Trump, has attracted widespread public attention after reports revealed her relationship with former professional lacrosse player Brock Sorensen. Martin, known for filming behind-the-scenes White House and campaign footage, recently celebrated two years with Sorensen through a social media post. Her popularity has…

International Business Times

Trump Says He Will Speak To Taiwanese Leader Despite China's Warnings: 'I Speak To Everybody'

President Donald Trump said he will speak with Taiwanese leader Lai Ching-te despite China's warnings on the matter.

AAP

Taiwan prosecutors investigate 3 people over Nvidia chip smuggling to China

Authorities in Taiwan are investigating three people for allegedly using forged documents to smuggle computer servers with advanced Nvidia chips to China

Tom’s Hardware

Taiwan raids 12 locations in its first formal crackdown on Nvidia AI chip smuggling — hunts three fugitives for document forgery, fraudulent declarations in Super Micro smuggling case

Getting banned Hopper or Blackwell chips into mainland data centers just became exponentially more fraught as Taiwan begins to crack down on smugglers.

Tom’s Hardware

Lenovo G02 retro handheld allegedly comes preloaded with thousands of copyrighted games, including Nintendo ROMs — company confirms that it’s an officially white-labeled device meant for the Chinese market [Updated]

Lenovo confirms that it partnered with a third-party manufacturer to build, sell, and market the G02 retro gaming handheld in China. However, it allegedly contained thousands of gaming ROMs, many from Nintendo, right out of the box, raising questions about the validity of the licenses of these titles.

The Times of India

Servers in the ocean: World’s first offshore underwater AI data centre launched in China

China has officially launched the world’s first commercial offshore wind-powered underwater AI data centre off the coast of Shanghai’s Lingang Special Area. The futuristic facility contains nearly 2,000 servers housed inside pressure-resistant underwater modules positioned beside offshore wind turbines. Designed to support artificial intelligence workloads, big data processing and domestic…

The Independent UK

Rescue workers swim through buildings to reach trapped residents as heavy rains kill 24 in China

Several people remain missing across Hubei, Hunan, and Guizhou provinces

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