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The Latest Breaking News from China

US sanctions freeze Huawei's Ascend AI chips on older 7nm process node that's eight years behind TSMC, stalling progress until at least 2026

US-led export restrictions are taking a toll on Huawei's AI Ascend and Kirin chips - now stuck at 7nm until 2026.

Tom’s Hardware

Markets Fluctuate As Traders Weigh Geopolitical Tensions

Investors are treading carefully this week amid uncertainty after Trump's re-election and as he picks his cabinet, with several China hawks up for key positions fanning worries of another trade war between the economic superpowers.

Latin Times

Nasdaq Futures Gain With Focus on Nvidia Earnings

December Nasdaq 100 E-Mini futures (NQZ24) are trending up +0.14% this morning as investors shifted their focus to a highly anticipated earnings report from AI darling Nvidia.

Barchart

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Morgan Stanley Warns Of Slow Growth, Inflation From Trump's Tariff Plans

Seth Carpenter, Chief Economist at Morgan Stanley, said that if the president-elect imposes all the planned tariffs at once, it could backfire and result in a "big negative shock" to the economy.

International Business Times

Pakistan preparing major offensive against Balochistan separatists

The military has not elaborated on the details of the operation, which comes after a series of deadly attacks.

Al Jazeera

Chinese Students Shifting Away From US For Education

Chinese student enrollment in US universities declining due to safety concerns, policy changes, and evolving preferences, impacting global higher education...

Top News

Nasdaq Futures Tread Water as Investors Brace for Nvidia Earnings

December Nasdaq 100 E-Mini futures (NQZ24) are trending up +0.09% this morning as investors shifted their focus to a highly anticipated earnings report from AI darling Nvidia.

Barchart

Japan says it will watch China's military activity after Beijing admits violating Japanese airspace

Japanese officials say they are closely watching to see if China keeps its promise to prevent further violations of Japan’s airspace after explaining that an incursion by a Chinese military aircraft nearly three months ago was unintentional and caused by turbulence

The Independent UK

The Trump Effect? Xi Jinping Has Changed His Views On Bitcoin: David Bailey

Xi Jinping's government has made it difficult for Bitcoin and crypto to flourish in China, but David Bailey revealed Tuesday that the Chinese president has supposedly changed his views.

International Business Times

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The Independent UK

Southern China suspends ferry services as storm brings winds, high waters to coastal regions

Parts of coastal southern China have suspended ferry services as a major storm passes into the South China Sea, bringing high winds and heavy waves to much of the region

The Guardian - AU

Pacific island governor backs $800m US military upgrade amid China threat

Northern Mariana Islands governor says ‘the world is changing in the Indo-Pacific’ as work continues in the US territory on defense development

International Business Times

Strike At French Cognac Maker Hennessy Over Measures In China Spat

Hundreds of employees of French cognac maker Hennessy, part of the LVMH group luxury empire, went on strike on Tuesday to protest measures the brand plans to employ to circumvent Chinese tariffs imposed in a spat with the EU.

International Business Times

Xi, Lula Meet In Brasilia To 'Enhance Ties'

China's President Xi Jinping will pay a state visit to Brazil Wednesday, fresh off a warm reception at summits of the G20 and APEC groups, both held under the cloud of Donald Trump's White House return.

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Barchart

Should You Avoid This Dividend Stock as 'Tariff Man' Trump Returns?

Donald Trump, who proclaimed himself as the "tariff man" in his first tenure, is set to return to the White House. His tariffs could be a serious headwind for companies like Nike that rely on China for the bulk of their supplies.

The Independent UK

Southeast Asian defense chiefs meet in Laos as maritime disputes with China are flaring

Southeast Asian defense chiefs and representatives are meeting in the Laotian capital for security talks at a time of increasing maritime disputes with China in the Asia-Pacific and as the transition to a new U.S. president looms

The Guardian - AU

Trump tariffs are coming, but some Chinese companies may already know how to avoid them

Some experts liken tariffs to a game of whack-a-mole, with trade flows simply rerouted if the potential rewards are big enough

The Independent UK

Canada shares U.S. concerns about Mexican trade with China as possible trade talks loom

Canada’s point person for U

Latin Times

Texas Targets Foreign Influence from China, Russia, Cuba, and Venezuela with New Executive Orders

Gov. Abbott's executive orders impose strict sanctions aimed at preventing espionage and infiltration from several countries labeled as "foreign adversaries."

International Business Times

Trump Names China Hawk Howard Lutnick As US Commerce Secretary

US President-elect Donald Trump nominated Howard Lutnick, the co-chair of his transition team, as his commerce secretary on Tuesday -- a choice set to bring a tougher stance on China from the incoming administration.

The Guardian - UK

Starmer twice declines to directly condemn jailing of Hong Kong pro-democracy figures

UK prime minister was condemned by Iain Duncan Smith, who is on Beijing’s sanctions list

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