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The Latest Breaking News from China

US Treasury Chief To Speak With China Counterpart As Tensions Flare

US Treasury Secretary Scott Bessent is set to speak Friday with Chinese Vice Premier He Lifeng, an official from President Donald Trump's administration told AFP -- as Washington works to rally allies to respond to Beijing's rare earth curbs.

International Business Times

‘A high-level operator’: Cai Qi’s rapid rise to become Xi Jinping’s right-hand man

CCP official alleged to be leading a Westminster spy ring is the de facto gatekeeper to the Chinese president

The Guardian - UK

How Britain’s weakened global position may have pulled it into a Chinese spying scandal

The alleged Chinese spying affair currently troubling the UK government after the collapse of a trial is markedly different from previous espionage scandals. That is because it is centred not on the actions of suspected spies, but on the behaviour of the government. How did this come to happen?

The Conversation

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Trump admits that his 157% tariff on China is ‘not sustainable’ but shrugs off changing it

During a Fox interview, Donald Trump also criticized Richard Nixon for his landmark 1972 visit to Beijing

The Independent UK

Extended-Range EVs May Be A 'Dead End,' Study Says

We also discuss tariff relief for the auto industry and why China is imposing export restrictions on battery technology.

InsideEVs

Microchip factory in Netherlands caught in tussle between Europe, China and US

Dutch authorities have, for the first time ever, invoked Cold War-era legislation to take control of a Chinese-owned microchip factory – prompting backlash from China. The move underlines the intensifying competition between the United States, China and Europe for global leadership in semiconductor technology.

Radio France Internationale

Stocks Mixed as Chipmakers Slip and Bank Stocks Stabilize

The S&P 500 Index ($SPX ) (SPY ) today is down -0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.20%. December E-mini S&P futures (ESZ25 ) are down -0.03%, and December E-mini Nasdaq futures...

Barchart

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China launches internet satellites on 600th mission of Long March rocket (video)

A Long March 8A rocket lofted another batch of China's Guowang internet satellites on Wednesday evening (Oct. 15). It was the 600th launch overall for a Long March vehicle.

Space

Micron is preparing to exit China’s data center memory market completely, report claims — Beijing banned company's chips from 'critical information infrastructure' in 2023

Micron is reportedly preparing to halt sales of server memory chips to data centers in mainland China, after its business there failed to recover from a 2023 cybersecurity ban.

Tom’s Hardware

'Absolutely': GM President Says It's Preparing For Chinese Competition In America

On this week's Plugged-In Podcast: General Motors President Mark Reuss explains what's next for the Chevy Bolt, affordable EVs, and competing with China.

InsideEVs

Chinese Communist Party expels nine top generals in anti-corruption crackdown

Military leaders removed over suspicion of corruption include No 2 general

The Independent UK

Micron to Pull Out of China’s Server Market: What’s Next for MU Stock?

With global AI investments showing no signs of slowing, Micron’s solid presence in the memory and storage solutions positions it well to deliver considerable growth.

Barchart

Stocks Stabilize as Bank Stocks Recover and US-China Trade Tensions Ease

The S&P 500 Index ($SPX ) (SPY ) today is up +0.14%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.07%. December E-mini S&P futures (ESZ25 ) are up +0.10%, and December E-mini Nasdaq futures...

Barchart

It's official: The OnePlus 15 is launching later this month

The OnePlus 15 launches in China on October 27, with a global rollout expected about two weeks later.

Android Central

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The Guardian - AU

What could a Trump deal on critical minerals mean for Australia – and could Maga be a sticking point?

Ahead of Anthony Albanese’s White House visit, a ‘price floor’ and US investment in mining ventures have been flagged

Benzinga

Trump Says China Tariffs 'Won't Stand' — But Bitcoin Crashes 5% Anyway

Bitcoin (CRYPTO: BTC) fell below $104,000 on Friday before president Donald Trump said high tariffs on China "will not stand," easing trade tensions but doing little to stop the market's decline.

Euronews

Europe’s most powerful passports revealed as US falls to lowest rank in 20 years

America’s passport power has plummeted to an all-time low, while Europe retains its stronghold thanks to visa-free access.

Windows Central

Microsoft is reportedly moving Surface and Xbox production — no prizes for guessing why

Microsoft is reportedly planning to move Surface production out of China by 2026 and is also encouraging Xbox production to be shifted overseas. The move comes amid escalating U.S.–China trade tensions, with new tariffs, port fees, and export restrictions driving up costs.

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Benzinga

US Chip Stocks Tumble As Trade Tensions With China Heat Up

Semiconductor equities faced sharp selling pressure on Friday, with shares of Nvidia Corporation (NASDAQ:NVDA), Broadcom Inc. (NASDAQ:AVGO), Marvell Technology, Inc. (NASDAQ:MRVL), Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM), Intel Corporation (NASDAQ:INTC), Arm Holdings plc (NASDAQ:ARM), and Micron Technology, Inc. (NASDAQ:MU) all trading lower amid intensifying geopolitical friction between Washington and Beijing.

The Independent UK

Prince Andrew ‘met China spymaster at least three times’

Duk of York allegedly met senior CCP figure three times in both London and Beijing

The Independent UK

Taiwan bars officials and students from China’s ‘retrocession’ events

Taipei accuses Beijing of distorting history to ‘eliminate the Republic of China and annex Taiwan’

Benzinga

US-China Trade Fight Hits Chinese Tech Stocks

U.S.-listed shares of major Chinese corporations, including Alibaba Group Holding Ltd. (NYSE:BABA), Baidu Inc. (NASDAQ:BIDU), PDD Holdings Inc. (NASDAQ:PDD), JD.com Inc. (NASDAQ:JD), NIO Inc. (NYSE:NIO), Li Auto Inc. (NASDAQ:LI), and XPeng Inc. (NYSE:XPEV), slid on Friday amid escalating geopolitical tensions between Beijing and Washington.

Evening Standard

China threatens Britain with 'consequences' if its controversial plans for mega-embassy in London are blocked

Beijing makes threat after Government delayed decision on super embassy in east London for a second time

The Guardian - UK

China threatens UK with ‘consequences’ over delayed London mega embassy

Diplomatic tensions escalate amid rows over planning hold-ups and collapse of spying trial

Caixin Global

Energy Insider: China Aims to Double EV Charging Capacity by 2027

China announces its first pilot projects for the hydrogen energy industry, report says Earth has crossed first major climate tipping point

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