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The Latest Breaking News from Beijing

China Doesn't Need Nvidia Anymore: Alibaba's New Chip Is A Challenge To Washington

Alibaba Group Holding Ltd (NYSE:BABA) (NYSE:BABAF) has just raised the stakes in the U.S.–China tech rivalry. The Chinese e-commerce and cloud giant has unveiled a new AI chip designed to reduce reliance on Nvidia, Washington's favorite export-turned-bargaining chip.

Benzinga

Taiwan has ‘right to remain free’, US senator says in visit criticised by China

Roger Wicker and Deb Fischer meet island’s president in Taipei as Beijing says trip sends ‘gravely wrong signal’

The Guardian - UK

Labubu Fans Flock To Stores After Launch Of Mini Dolls

A dozen furry dolls strung together on a metal chain dangled from Labubu fan Maki Li's neck as he proudly posed for photos in front of a store selling the toys in central Beijing on Friday.

International Business Times

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Taiwan Has 'Absolute Right To Remain Free,' Says Roger Wicker As Trump Recalls Xi Jinping Assured No Invasion

Sen. Roger Wicker (R-Miss.), chairman of the Armed Services Committee, told Taiwan President Lai Ching-te on Friday that the island has an absolute right to remain free and preserve self-determination.

Benzinga

Pentagon Seeks China Military Contact Post-WWII Parade As Beijing Hesitates Over Defense Secretary's 'Imminent Threat' Comments

Defense Secretary Pete Hegseth has proposed a phone call with Chinese military leadership following Beijing’s Sept. 3 World War II anniversary parade. But China remains non-committal due to disagreements over Hegseth’s previous statements.

Benzinga

Don’t envy Nvidia CEO Jensen Huang—he’s hamstrung by Washington and Beijing

Also: All the news and watercooler chat from Fortune.

Fortune

China seeks stronger ties with Brazil to resist ‘bullying’ on world stage

China’s top diplomat tells Brazil’s FM Mauro Vieira that Beijing-Brazil ties are at their ‘best in history’.

Al Jazeera

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Yuan Stablecoin in Focus: Geopolitical Ambitions Meet Crypto Markets

According to Reuters, Beijing is considering launching a yuan-backed stablecoin. The first review will happen by the end of this month and be led by the State Council.

inkl

India’s Modi to meet Xi and Putin on first China trip in seven years as US tariffs bite

PM’s four-day trip, which includes Japan visit, comes as Delhi seeks to diversify trade and bolster ties with Beijing

The Guardian - UK

Nvidia’s China-based rival posts 4,300% revenue jump as chipmaker’s earnings reported no H20 chip sales to the country

The sales surge reflects Beijing’s push for local players amid geopolitical tensions.

Fortune

Nvidia still isn’t sure if it can sell chips to China, threatening access to what CEO Jensen Huang calls a $50 billion opportunity

The U.S has yet to formally notify Nvidia that it will get export licenses in exchange for a 15% cut of revenue.

Fortune

North Korea's Kim Jong-un to attend Beijing military parade with Putin

It will be the first time that Kim has appeared at a multilateral event since assuming power in 2011.

Euronews

Investors are looking at bargains in China, says HSBC investment boss, pushed by AI discounts and fears over Trump 2.0

HSBC’s Willem Sels tells Fortune in an exclusive interview that while U.S. markets remain resilient, geopolitical uncertainty is pushing investors to diversify portfolios—particularly into China.

Fortune

Kim Jong Un to join Xi and Putin at Beijing military parade in rare trip outside North Korea

Western leaders have shunned China’s ‘Victory Day’ celebrations, while Russia and North Korea are strengthening ties with China

The Independent UK

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Al Jazeera

North Korea’s Kim, Putin to attend parade in China marking end of WWII

Beijing says 26 world leaders will attend the event in Tiananmen Square, overseen by Chinese President Xi Jinping.

Al Jazeera

Who is Jimmy Lai, Hong Kong’s jailed media tycoon?

Verdict in Lai’s national security trial is being closely watched as a test of Hong Kong’s rule of law.

Euronews

Kim Jong-un and Putin to attend Chinese military parade in Beijing next week

North Korea’s state news agency confirmed Kim will visit China at the invitation of Chinese President Xi Jinping to attend celebrations of the 80th anniversary of the end of World War II.

The Independent UK

Jimmy Lai: Hong Kong awaits verdict as landmark national security trial concludes

The final arguments have concluded in the national security trial of Hong Kong pro-democracy newspaper founder Jimmy Lai

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news in one place.

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Al Jazeera

Australia, Canada, Philippine ships hold drills in tense South China Sea

Manila says exercise with Australia, Canada shows a ‘commitment’ to defence cooperation with ‘like-minded nations’.

TechRadar

China could move away from Nvidia AI chips quicker than expected after brash 'addiction' comments from US Commerce Secretary

Political comments triggered China’s Nvidia clampdown, highlighting fragile diplomacy, rising domestic chip promotion, and the rapid acceleration of global decoupling.

Benzinga

Nvidia Faces Growing Threat As China Accelerates Chipmaking Push

Nvidia (NASDAQ:NVDA) faces mounting pressure in China as Beijing accelerates domestic chip production, with Huawei, SMIC, and AI startups ramping capacity and optimizing systems around local hardware, threatening a market that once accounted for more than 13% of the U.S. chipmaker's revenue.

Tom’s Hardware

Chinese firms turn to used Nvidia GPUs following Beijing H20 crackdown — industry reports 'surge' in A100 and H100 chips being stripped and repurposed

China’s AI industry is quietly turning to refurbished and second-hand Nvidia GPUs after fresh curbs on the company’s H20 accelerator left customers scrambling for alternatives.

Euronews

China rejects joining Trump-proposed denuclearisation talks with US and Russia

A spokesperson for Beijing's foreign ministry said on Wednesday it was "neither reasonable nor realistic" to expect China to participate in the discussions.

The Independent UK

What really happens when a plane makes an emergency landing in Russia?

Plane Talk: Always assume your flight could touch down somewhere unexpected

The Independent UK

Trump administration is investing in US rare earths in a push to break China's grip

The U.S. is ramping up efforts to boost production of crucial components used in electric vehicles, smartphones and fighter jets

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Luiz Inacio Lula da Silva

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