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The Latest Breaking News from China

India launches anti-dumping probe into electrical steel imports from China, 3 other nations

India has launched an anti-dumping investigation into electrical steel imports from China, Japan, Korea, and Russia. This move, prompted by a complaint from JSW JFE Electrical Steel Nashik, aims to protect domestic manufacturers from alleged cheap imports that are reportedly causing significant harm. The probe will determine if dumping has…

The Economic Times

WTO to set up dispute panel in China's case against India's solar, IT goods measures

China has successfully established a World Trade Organization panel to challenge India's solar cell, module, and IT goods policies. Beijing alleges these measures, including tariffs and incentives, unfairly target Chinese products. India had previously blocked the request, but the WTO body accepted China's second attempt. The panel will now scrutinize…

The Economic Times

The Latest: Pentagon asks Congress for roughly $80 billion to cover cost of Iran war

Iran's president is in Pakistan to talk with mediators as negotiations between Tehran and Washington proceed on ending the war

The Independent UK

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Iran has billions of frozen assets in India, China, Iraq; but why removing sanctions isn't easy

Iran stands to gain access to billions of dollars in oil revenues after the United States granted a 60-day sanctions reprieve as part of a newly signed US-Iran memorandum of understanding (MoU). But actually unlocking decades of frozen assets and fully dismantling the sanctions regime could prove far more difficult…

The Times of India

China’s newest aircraft carrier sails through the Taiwan Strait

China's newest and most powerful aircraft carrier, the Fujian, has sailed through the Taiwan Strait, according to Taiwan's Defense Ministry

The Independent UK

Supreme Court kills suit claiming Cisco’s technology helped China persecute Falun Gong members

The Supreme Court has granted tech giant Cisco’s bid to shut down a lawsuit claiming that the company’s technology was used to persecute members of the Falun Gong spiritual movement in China

The Independent UK

Foreign influence increasing over India's fintech sector: GTRI on Meta's investment in Cred

Think tank GTRI said that the deal gives Meta a foothold in one of the country's richest repositories of consumer financial-behaviour data, covering credit cards, loans, investments, insurance, and UPI transactions. On the other hand, it said China built its digital payments ecosystem through domestic champions such as Alipay and…

The Economic Times

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China's LineShine supercomputer dethrones US' El Capitan, secures first place in Top 500 list — first machine in the rankings to sustain more than 2 ExaFLOPS of double-precision performance using only CPUs

China's LineShine supercomputer is now officially the world's fastest FP64 machine, but its mixed-precision results are behind those of El Capitan, Frontier, and Aurora.

Tom’s Hardware

Can the Caucasus and Central Asia become the next investment frontier?

For decades, international investors have focused on established destinations such as North America, Europe, China and, more recently, Africa. But as economic uncertainty and geopolitical tensions reshape global capital flows, attention is increasingly turning to the Caucasus and Central Asia.

Euronews

Dettol apologises after advert promoting clean-up of ‘toxic men’ sparks backlash in China

Social media users denounce ‘trashy advertisement’ by British hygiene brand that is ‘toxic to people's minds’

The Independent UK

India's pharma supply chain remains 65 per cent dependent on China for critical inputs: NITI Aayog

India's pharmaceutical sector, despite being the "pharmacy of the world," faces significant reliance on China for raw materials, with nearly 65% of APIs and intermediates sourced from there. NITI Aayog's report highlights supply chain vulnerabilities and calls for moving up the value chain by fostering innovation and industry-academia collaboration. This…

The Economic Times

'Temu version': World's largest Messi statue mocked online

PRESS REVIEW – Tuesday, June 23: This Tuesday marks 10 years since millions of British people voted for Brexit. The milestone comes one day after Prime Minister Keir Starmer's tearful resignation. Also, the internet goes crazy for "hot podium guy", a handsome sound engineer who sets up the lectern in…

France 24

Stock Index Futures Plunge as Tech Selloff Rages On, U.S. PMI Data in Focus

September S&P 500 E-Mini futures (ESU26) are down -1.26%, and September Nasdaq 100 E-Mini futures (NQU26) are down -2.47% this morning as renewed concerns about sky-high tech valuations prompted investors to revisit their holdings.

Barchart

India will monitor Chinese steel imports before deciding on further curbs, source says

India is closely watching steel imports, particularly from China, for another two months before deciding on further actions. Despite a three-year import tariff imposed in December, the nation remained a net steel importer in May, with finished steel imports exceeding the recent average. Concerns are rising among domestic steelmakers as…

The Economic Times

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The Times of India

Will Asia return to Iranian oil? Tehran races to secure largest oil importers after US waiver, says report

Iran is actively seeking new buyers for its oil in Asia, including India, Japan, and South Korea, following a temporary US sanctions waiver. This move aims to clear millions of barrels stored at sea and diversify its customer base beyond China. While some refiners are cautiously exploring opportunities, uncertainty surrounding…

Caixin Global

Business Brief (June 23): China Bans 46 U.S. Firms From Government Procurement

ByteDance’s Doubao AI assistant tests ride-hailing service, several Chinese banks raise margin requirements for retail precious metals trading

The Economic Times

'Imperative' for India and China to respect each other's core interests: Wang

Chinese Foreign Minister Wang Yi emphasized it is "imperative" for India and China to respect each other's "core interests" and take concrete steps to implement leader-level consensus. Meeting National Security Advisor Ajit Doval in New Delhi, Wang highlighted that both nations are partners, not rivals, and should promote cooperation for…

The Economic Times

Chinese tech, investments welcome, but trade opening needs caution: CII President

Chinese investments and technology are welcome in India, but a cautious approach is needed for trade, according to CII President R Mukundan. He emphasized reducing import dependence on China and boosting domestic manufacturing. Mukundan also highlighted potential collaborations in battery storage and semiconductor chemicals. Regarding the US, he stressed the…

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The Independent UK

Tanks on streets of Taiwan as military drills launched in show of strength to Beijing

Combat readiness exercises designed to test how quickly military can mobilise to counter possible escalation of Chinese ’grey zone’ activities

Euronews

How China’s currency makes the EU's trade deficit worse – and what Brussels can do

EU leaders last week pointed to the undervaluation of the yuan as a major factor in the EU’s record trade deficit with China, which Brussels is taking steps to address.

Euronews

Kazakhstan brings New Silk Road revival to Brussels as Tokayev visits EU leaders

Kazakhstan's president has arrived in Brussels this week to meet EU leaders and assess the delivery of promises made at last year's EU-Central Asia summit in Samarkand, with the Middle Corridor trade route connecting China to Europe through Central Asia at the top of the agenda.

The Conversation

Cheap, effective and dangerous: how Australian farmers came to depend on the toxic weedkiller paraquat

It is illegal to use paraquat in at least 74 jurisdictions worldwide, including the European Union, China, Malaysia, Brazil and, most recently, the US state of Vermont.

The Economic Times

Global Market: Standard Chartered bullish on Asia ex-Japan equities, sees strong AI-led growth

Standard Chartered upgraded Asia ex-Japan equities to overweight, expecting the region to post the strongest earnings growth globally in 2026 and 2027, supported by AI investment and semiconductors. It prefers Taiwan, China and India, while maintaining a positive view on US equities, bonds and gold.

Bangkok Post

Chinese residents in Japan fear tighter visa rules could force departures

KYODO — Chinese residents who moved to Japan seeking greater freedom are increasingly concerned that tighter visa rules could force some of them to leave, with critics warning the changes risk driving away people who have become an important bridge between Japan and China.

Tom’s Guide

Anthropic will pay workers $85,000 to learn AI — and it reveals the next big AI job trend

Anthropic's new $85,000 AI fellowship and China's education overhaul point to a surprising trend: AI literacy may become one of the most valuable career skills of the future.

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