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The Latest Breaking News from China

China's Gold Binge May Eclipse US Dollar, Says Top Economist

China has emerged as a major force behind the recent surge in gold prices, with its growing influence projected to surpass even that of the U.S. dollar, according to a top economist.

Benzinga

Chinese companies unveil a swathe of breakthrough chipmaking innovations at tradeshow — chipmaking lithography tools, software design tools, and resists all on display as the nation pursues self-sufficiency

At Shenzhen’s WeSemiBay Expo, Huawei-backed SiCarrier and SMEE spinoff Amies Technologies unveiled new chipmaking tools, EDA software, and EUV-grade materials, as China doubles down on semiconductor self-sufficiency.

Tom’s Hardware

Turkic states pursue growing economic and trade ties with EU, secretary general tells Euronews

The alliance of Turkic states is becoming an economic powerhouse through growth, energy resources and trade connecting Europe and Asia, including China. The bloc, with a potential for growth, energy resources and a young population, looks to Brussels for more cooperation.

Euronews

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Business Brief (Oct. 22): Gold Suffers Sharpest Intraday Drop in 12 Years

Trump says he will visit China early next year, U.S. and Australia sign critical minerals pact

Caixin Global

FMV dating sims are booming in Asia, inspired in part by 'micro-dramas' popular on TikTok: 'It's not actually real life, but it feels like real life'

Island of Hearts is another in an endless stream of live action visual novels from Asia, and it won't be the last.

PC Gamer

China's 1st reusable rocket test fires engines ahead of debut flight (video)

LandSpace conducted a static-fire test with its Zhuque-3 rocket recently, an important step in the prep work ahead of the partially reusable rocket's debut launch.

Space

‘Time for your daytime nap’: Trump forgets about the tariffs he imposed and blames Biden for the sufferings of American farmers

By now, it has become known that whenever Donald Trump does not have the answers to certain questions, he tends to shift the blame onto former President Joe Biden and his administration. And guess what? He’s doing it all over again.With rising trade tensions between the US and China (…

The Mary Sue

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This Rare Earths Stock Could Get a Major Trump Boost, and Analysts Think It Can Gain 40% From Here

NioCorp is a rare earth stock that should gain momentum as the U.S. administration aims to build a domestic supply chain of critical minerals.

Barchart

Microsoft is giving Xbox yet another price hike — this time it's hitting game developers, and "macroeconomic developments" are to blame

Development kits for Microsoft's Xbox consoles are getting a major price hike just one month after the systems themselves were made more expensive.

Windows Central

Why Micron Stock Could Soar 35% on AI Memory Demand

Micron is well-positioned for an unprecedented demand boom driven by AI centered on HBM3E capability, which will last for years.

MarketBeat

Why China Is Quietly Winning At EV Battery Recycling

Thanks to new techniques, some Chinese companies say they can recover 99.6% of the key battery materials like nickel, cobalt and manganese.

InsideEVs

European Commission calls for no escalation with China over rare earths

In a tense context for European companies, European Commissioner for Trade Maroš Šefčovič held a phone call on Tuesday with his Chinese counterpart Commerce Minister Wang Wentao over rare earth export restrictions.

Euronews

KraneShares Makes Bold Bet On JD.com With 2X Leveraged ETF During US-China Trade Tensions

Krane Funds Advisors added a new single-stock leveraged ETF following one of China’s largest online retailers. KraneShares 2X Long JD Daily ETF (NASDAQ:KJD) began trading on Oct. 15, providing investors with double (200%) daily exposure to JD.com Inc.’s (NASDAQ:JD) stock, before expenses and fees.

Benzinga

“It's a place where musicians find inspiration and where Fender gains direct insight from artists to co-create the future of music”: Following Nashville, Tokyo, and London, Fender sets its sights on Shanghai, and opens its first Artist Showroom in China

The global guitar brand is continuing the expansion of its Artist Showroom concept with a new location in Shanghai

Guitar World

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Fortune

America's cattle chief rips into Trump's Argentine beef bailout, saying it 'does nothing to lower grocery store prices'

National Cattlemen’s Beef Association CEO Colin Woodall said Trump’s idea to buy Argentine beef “only creates chaos at a critical time of the year.”

AAP

Eyes on Pacific as new Australian spy alliance floated

Australia should step up its intelligence-gathering capabilities in the Pacific by spearheading a new regional spy alliance, a think tank says.

The Independent UK

The ‘996’ work trend comes with dire health warnings

The ‘996’ work schedule is gaining traction in the U.S. AI sector, even though it has been banned in China

Benzinga

Apple Faces New Antitrust Suit In China With Stock At All-Time Highs: Should Investors Be Worried?

China is one of the key markets for Apple Inc (NASDAQ:AAPL) moving forward. With fears of tariff pressure from China and the United States, the technology giant now faces a new antitrust suit in China that could slow down its progress in the region.

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TechRadar

The iPhone 17 series has one big winner, according to early sales – and it isn’t the iPhone Air

The iPhone 17 is selling well, research suggests, while the iPhone Air isn’t nearly as popular.

InsideEVs

China Is Making 800-Mile EV Batteries. Here’s Why America Can’t Have Them

Chinese automaker Chery is gearing up for a fight with CATL and BYD in the solid-state battery race.

Barchart

Dollar Climbs on Yen Weakness and Easing US-China Trade Tensions

The dollar index (DXY00 ) today is up by +0.30% at a four-session high. The dollar is moving higher today on weakness in the yen, which has fallen to a one-week low against the dollar, as expectations rise that new Japanese Prime Minister Takaichi will maintain an expansionary fiscal policy....

Fortune

Top analyst says China is playing a ‘key role’ in the price of gold going through the roof, and he’s got the data to prove it

“Higher business uncertainty in the U.S. is also pushing gold prices up,” according to Apollo chief economist Torsten Slok.

Benzinga

Trump's 100% Tariff Threat Turns China's Rare-Earth Play Into A Dangerous Gamble

China is tightening its grip on rare-earth exports in a high-stakes economic play, threatening global supply chains in sectors like technology, defense and semiconductors, yet analysts warn the move could backfire by accelerating diversification efforts and provoking harsher U.S. tariff retaliation.

The Guardian - AU

Albanese’s critical minerals deal isn’t good economics – but in Trump and Xi’s new world, bargaining chips matter

Though the dollar benefits may not outweigh the cost on Australia’s new mining agreement with the US, experts say it couldn’t have gone any better

The Conversation

Trump’s words aren’t stopping China, Brazil and many other countries from setting higher climate goals, but progress is slow

In the Marshall Islands, where the land averages only 7 feet (2 meters) above sea level, people are acutely aware of climate change.

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