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The Latest Breaking News from China

Business Brief (Oct. 27): U.S. and China Reach Preliminary Consensus on Key Trade Issues

President Xi to visit South Korea for APEC summit, NDRC targets emerging industries to drive future growth

Caixin Global

Oil firm Petrofac enters administration, putting 2,000 jobs at risk; Greencore-Bakkavor food giant deal faces UK competition concerns – as it happened

Wall Street hits new highs on US-China trade deal hopes; Argentina’s currency, stocks and government bonds surge after Javier Milei’s far-right party wins election

The Guardian - UK

Inside President Trump's Explosive TikTok Deal with China — What Xi Jinping Agreed to in Korea

President Trump and Xi Jinping to finalise TikTok's US-China sale in Korea, ending months of trade tension and reshaping global tech relations.

International Business Times UK

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Two US Navy aircraft go down 30 minutes apart in South China Sea

Trump says back-to-back crashes ‘very unusual’ as he embarks on Asia diplomacy tour

The Independent UK

Australia's Albanese discusses US minerals deal, jet incident with China's Premier Li

Australian Prime Minister Anthony Albanese says he has discussed Australia’s critical-minerals deal with the United States during a “positive” meeting with Chinese Premier Li Qiang

The Independent UK

South Korea grapples with surge in anti-China sentiment as Xi Jinping prepares to fly in

Maga-inspired protests regularly take place on streets of Seoul amid chants of ‘Korea for Koreans’ as South prepares to host crucial Apec summit

The Guardian - AU

Brazilian farmers beef up soybean production as China halts business with US during trade fight

Brazilian farmers are increasing soybean production as the U.S. and China engage in a trade fight

The Independent UK

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The Dutch go to the polls again in a snap election caused by anti-immigration lawmaker Wilders

The Netherlands is heading to the polls again, less than two years after Geert Wilders led his party to a surprise victory

The Independent UK

Dogecoin Spikes Amid US-China Trade Agreement: Analyst Sees 60% Upside If DOGE Holds This Key Support

Dogecoin (CRYPTO: DOGE) is surging late Sunday, on a broader market rally spurred by positive macroeconomic developments.

Benzinga

China's C919 jet faces turbulent skies amid US-China trade tensions

China's ambition to rival Boeing and Airbus with its homegrown C919 passenger jet is hitting turbulent skies

The Independent UK

PM tight-lipped on talks with China over flare incident

Anthony Albanese insists there is still friendship between Australia and China despite an "incident of concern" between both nations' militaries.

AAP

Trump-Xi Jinping Set To Finalize Deal As US-China Deescalate Trade Tensions — Dow Futures Surge 242 Points

U.S. stock futures climbed Sunday evening following a significant breakthrough in the trade negotiations between the United States and China during the ASEAN summit over the weekend.

Benzinga

Bitcoin, Ethereum, Dogecoin, XRP Rally Amid US-China Trade Breakthrough: ETH On Track To Hit $5,000? Here Is What This Analyst Says

Leading cryptocurrencies lifted alongside stock futures Sunday as the U.S. and China reached a key trade consensus ahead of a meeting between President Donald Trump and Chinese counterpart Xi Jinping.

Benzinga

Australian shares up on hopes of US-China trade detente

Energy and interest rate-sensitive shares have led Australian market gains following reports of US-China trade tensions easing and renewed hope on rates.

AAP

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The Guardian - UK

US and China agree ‘framework’ for trade deal ahead of Xi-Trump meeting

US treasury secretary anticipates tariff truce with China will be extended, and that China will revive substantial purchases of US soybeans

The Guardian - AU

Australia ‘increasingly alone’ in countering China’s influence in Pacific, aid report shows

US aid cuts hurt Washington’s standing as China recasts itself as a ‘steady’ alternative partner, Lowy Institute report finds

Evening Standard

Prosecution chief to be quizzed in Parliament over collapse of China spying case

Director of public prosecutions Stephen Parkinson and securocrat Matt Collins will be questioned by MPs and peers.

Fortune

Dow futures jump 300 points as U.S.-China trade war heads for ceasefire while Wall Street eyes another Fed rate cut and earnings from AI giants

Meta, Microsoft and Google parent Alphabet report on Wednesday, while Apple and Amazon report on Thursday.

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news in one place.

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Caixin Global

Cover Story: U.S. and Chinese Chipmakers Tread Different Paths in AI Gold Rush

As U.S. tech giants pursue compute-heavy infrastructure, China bets on power in numbers with homegrown innovation and modular design

Euronews

US-China trade deal closing in ahead of high-stakes meeting between Trump and Xi

Beijing decided to implement tighter restrictions on rare earths exports that are needed for advanced technologies. In response, Trump threatened additional tariffs on Chinese imports.

The Independent UK

Trump greets trick-or-treaters at White House Halloween event as Vance warns of air travel ‘disaster’ amid shutdown: Live updates

Trump and his senior administration officials have said they will not negotiate with Democrats on policy issues until the government is reopened

Benzinga

US and China To Pause 100 Percent Tariffs and Rare Earth Export Controls

In a major breakthrough, top economic officials from the U.S. and China have drafted a trade deal, which is expected to be finalized by President Donald Trump and Chinese President Xi Jinping.

The Guardian - US

US and China reach ‘final deal’ on TikTok sale, treasury secretary says

Scott Bessent said plan was part of framework for trade deal but did not share details on transferring app’s ownership

Fortune

China will make ‘substantial’ purchases of U.S. soybeans and should avoid an extra 100% tariff, says Bessent—who reveals he’s also a farmer

“So I would expect that the threat of the 100% has gone away, as has the threat of the immediate imposition of the Chinese initiating a worldwide export control regime.”

Tom’s Hardware

US–China reach trade framework that could avert 100% tariffs and pause rare-earth curbs — development comes as Trump and Xi prepare to meet this week

US and Chinese trade negotiators say they’ve reached a framework agreement that, if approved by both governments this week, would roll back proposed 100% tariffs on Chinese imports and pause Beijing’s escalating export restrictions on rare-earth materials.

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