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The Latest Breaking News from China

China Sanctions Former US Congressman For Supporting Taiwan

China sanctions former U.S. congressman for supporting Taiwan amid rising tensions over Taiwan's status.

Top News

Australia's deputy prime minister pledges support to Solomon Islands during visit to Honiara

Australia’s deputy prime minister is visiting the Solomon Islands, as Canberra intensifies its efforts to counter China’s growing influence in the South Pacific

The Independent UK

Shanghai Composite Index Fell 0.42% on Tuesday

Shenzhen Component Index closed down 0.71%

Caixin Global

Taiwan's new President Lai Ching-te urges China to stop military intimidation in inauguration speech

Lai has pledged to “neither yield nor provoke” Beijing

Evening Standard

Sam Kerr certain to miss Paris Olympics after being omitted from Matildas squad for warm-up games

Any lingering hope of captain returning from injury has been extinguished after she was left out of the squad to face China

The Guardian - AU

Ukraine war briefing: Zelenskiy to Nato – shoot down Russian missiles in our skies

Lithuanian minister backs strikes on Russia with western arms and says don’t give China leverage over European security. What we know on day 818

The Guardian - AU

Fed governor highlights de-dollarization debate as concerns of global economy dropping the dollar grow: ‘The role of the U.S. economy in world finance is changing’

Russia sanctions, Chinese central bank policy are reopening long debate over the future of dollar dominance.

Fortune

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InsideEVs

Chinese EV Companies Are Falling Behind On Their Bills

Amidst cooling demand and heightened competition, Chinese EV brands are prolonging paying their bills.

The Guardian - UK

UK cannot afford to give ‘cold shoulder’ to China, says City minister

Bim Afolami’s comments distance British government from protectionist moves by US

StockNews.com

U.S. vs. China: Which Tech Giant Should Investors Buy?

The technology industry is experiencing a significant expansion due to rising global IT expenditures among enterprises on digital transformation initiatives and the rapid adoption of emerging technologies. Amid this, let’s analyze Microsoft (MSFT) and Tencent Holdings (TCEHY) to determine which tech stock is an ideal buy now. Read on to…

Evening Standard

China knife attack: Two killed and ten injured in mass stabbing at primary school

A woman, 45, allegedly used a fruit knife in the attack on Monday

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Tom’s Hardware

Loongson's ambitious CPU roadmap shows 128-core chiplet-based processors incoming

Loongson's LoongArch CPU family is set to expand to include 128-core datacenter processors in the coming years.

The Guardian - US

BMW and others bought parts from China supplier flagged for forced labor

US investigation found automakers continued sourcing parts made by supplier even after they were told about banned products

InsideEVs

General Motors' Plug-In Hybrids Are Coming Back To The U.S. In 2027

The American automaker will sell you a gas-powered car with a plug alongside its EVs in just a few years. Will you buy one, though?

The Independent UK

Sizzling, twice-spiced beef skewers add a twist to a Memorial Day barbecue

Street vendors in China sell sizzling skewers of meat hot off the grill, rich with cumin and chiles

Roll Call

Election year politics roil the EV transition - Roll Call

Electric vehicles, already facing lagging consumer demand, will be confronted with a hostile president if Donald Trump wins in November.

The Independent UK

Philippines blames China for loss of giant clams in disputed shoal and urges environmental inquiry

The Philippines has blamed Chinese fishermen for a massive loss of giant clams in a disputed shoal controlled by China’s coast guard in the South China Sea and urged an international inquiry into the amount of environmental damage in the area

Barchart

Stocks Set to Open Higher as Investors Await FOMC Minutes and Nvidia Earnings, Fed Speak on Tap

June S&P 500 E-Mini futures (ESM24) are up +0.12%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.11% this morning as market participants looked ahead to the release of the minutes of the Federal Reserve’s latest policy meeting, comments from Fed officials, and an earnings report from semiconductor stalwart…

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