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The Latest Breaking News from China

Scott Bessent is defiant on whether tariffs are a tax, demands Democrats work to cut actual taxes instead

Saying that some Democrats had walked into his “bear trap,” the Treasury secretary urged them: “Join me and cut taxes, and that will be disinflationary.”

Fortune

Chinese mega embassy in London could bring security advantages, Downing Street claims

No 10 has sought to highlight the ‘benefits’ of consolidating the seven Chinese sites currently dotted around the capital in the mega embassy

Evening Standard

HSBC has a new chair but the succession process should have been slicker

This is the UK’s second-largest listed company, and the European bank most exposed to declining US-China relations

The Guardian - UK

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China has planted so many trees it's changed the entire country's water distribution

Huge "regreening" efforts in China over the past few decades have activated the country's water cycle and moved water in ways that scientists are just now starting to understand.

LiveScience

A New Ford Bronco Is Coming—But Only for Europe

The Ford Bronco lineup is growing once again. With the standard Bronco and Bronco Sport already available in the US—as well as the Bronco EV available exclusively in China—the Blue Oval will soon introduce a new Bronco plug-in hybrid. Unfortunately for American buyers, this one won’t be sold in the…

Motor1

China's 1st reusable rocket explodes in dramatic fireball during landing after reaching orbit on debut flight

The first test flight of Landspace's Zhuque-3 rocket ended in a fiery explosion after successfully reaching orbit.

Space

Can America Return to Neoconservatism Without the Same Results?

Shadi Hamid’s The Case for American Power implies that true interventionism hasn’t been tried.

Reason

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Security concerns over new Chinese embassy addressed amid Starmer trip rumours

A decision on the proposed new Chinese embassy has been delayed until January 20 but Dan Jarvis told MPs security concerns had been addressed.

Evening Standard

China does not need Nvidia chips in the AI war — export controls only pushed it to build its own AI machine.

If the U.S. wants to lead in AI, chip controls are not the answer.

Fortune

EU looks at legally forcing industries to reduce purchases from China

Commission unveils €3bn strategy to de-risk and diversify supply chains for critical rare earth metals and elements

The Guardian - UK

EU Commission sharpens its economic doctrine to counter foreign threats

The European Commission on Wednesday unveiled a new economic security strategy meant to better anticipate risks facing the EU market amid escalating threats to global trade, with China top of the list.

Euronews

Iron Ore Stability Faces Long-Term Headwinds, Study

Iron ore is moving toward 2026 on a positive momentum, although analysts warn about a constrained upside potential. A new study from BMI shows elevated prices, yet a gradually loosening market owing to Simandou development in Guinea and a slower steel cycle in China.

Benzinga

S&P Futures Tick Higher With U.S. Economic Data in Focus

December S&P 500 E-Mini futures (ESZ25) are trending up +0.16% this morning as traders bet that a new round of U.S. economic data will reinforce expectations for a Federal Reserve rate cut next week.

Barchart

Energy Insider: China Weighs Plan to Boost Iron Ore Production

NEV costs set to fall on cheaper lithium, Jiangxi Copper sees bid for U.K.’s SolGold rejected

Caixin Global

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The Independent UK

China blasts UK for delaying decision again on massive London embassy

China has criticized the British government for delaying approval of a massive Chinese Embassy in London

Benzinga

Trump Signs Taiwan Assurance Implementation Act, Prompting Praise From Taipei, Objection From Beijing

President Donald Trump signed the Taiwan Assurance Implementation Act into law on Tuesday.

Benzinga

'AI Is Expanding The Attack Surface:' CrowdStrike CEO Warns China's 'State-Sponsored' Adversaries Are Using LLMs For Cyber Intrusions

Cybersecurity giant CrowdStrike Holdings Inc.’s (NASDAQ:CRWD) CEO George Kurtz issued a stark warning during the company's third-quarter earnings, citing a growing wave of AI-driven cyber threats from adversarial nation-states, including China.

Radio France Internationale

EU moves to reduce reliance on China for rare earth supplies

Europe will on Wednesday unveil a plan to reduce its reliance on China for rare earths and other critical minerals, opening a fresh front in its effort to secure supplies needed for major industries. The initiative, known as RESourceEU, is meant to give the bloc more control over materials that…

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news in one place.

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International Business Times UK

Jet Li Allegedly Had 'Organs Replaced' To Revive Health: Exploring The Dark Science Of China's 'Youth Blood'

Jet Li's alleged transformation was connected to a controversial anti-ageing movement led by billionaire beauty magnate Yu Wenhong and her company Young Merry Real.

Radio France Internationale

Macron begins China visit as Europe faces trade and security tensions

French President Emmanuel Macron begins a three-day state visit to China from Wednesday to strengthen dialogue on Ukraine, trade, China's expanding influence in the Pacific and human rights.

The Independent UK

Macron heads to China for talks with Xi on trade ties and Russia's war in Ukraine

French President Emmanuel Macron is visiting China for three days to focus on trade talks and the global crisis

AAP

Chinese economic slowdown at top of RBA's mind

Slowing Chinese economic growth and persistently high inflation are "top of mind" for the Reserve Bank of Australia.

The Independent UK

China spy case collapsed due to ‘systemic failures’, not conspiracy, damning report reveals

Government warned against dismissing the case as a ‘one-off’ caused by outdated espionage laws, warning parallels in new legislation must be handled carefully to prevent a similar issue happening again

The Guardian - UK

Handling of China spying case was ‘shambolic’, security committee concludes

Report says ‘systemic failures’ led to collapse of trial, but found no evidence of UK government interference

Evening Standard

No conspiracy but ‘systemic failures’ in collapsed China spy case, report finds

The Joint Committee on the National Security Strategy cautioned against dismissing the case as a ‘one-off’ caused by outdated espionage laws.

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