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The Latest Breaking News from China

S&P Futures Gain With All Eyes on U.S.-China Trade Talks, Fed Speak on Tap

June S&P 500 E-Mini futures (ESM25) are trending up +0.32% this morning as investors pin their hopes on trade negotiations between Washington and Beijing.

Barchart

Trump says China tariffs will be reduced as trade delegates head into negotiations this weekend

Also: What we learned from the U.S.-U.K. trade deal.

Fortune

China's exports to the US sink but beat forecasts as tariffs bite

The data, which arrives just ahead of tariff talks between Washington and Beijing, shows a diversion of Chinese goods away from the United States.

Euronews

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read the most diverse news in one place.

Has Ukraine finally convinced Washington to stand by Kyiv's side?

As Putin holds Russia’s Victory Day parade, Kyiv and Washington seem to have found common ground amid the first official agreement between the two countries. Would this be enough for Zelenskyy to finally show Trump that Kyiv does want Russia’s war to end?

Euronews

New CEO of Fortune 500 auto parts supplier BorgWarner just pulled the plug on its once-promising EV charging business

Concluding it will not meet the company's minimum return target, execs say closing down the operations this quarter will save a cumulative $45 million in projected operating losses across this year and next.

Fortune

Donald Trump suggests tariffs on China should be 80%, as investors hope for thaw in trade war – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

China and Russia pledge to deepen ties as they criticise US on Victory Day

In joint statement, Xi Jinping and Vladimir Putin accuse ‘certain countries’ of trying to ‘tamper with the results of the victory of the second world war’

The Guardian - UK

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The Latest: Pope Leo XIV prepares to celebrate his first Mass as pontiff a day after his election

The Catholic Church has a new leader and congratulations are pouring in as Pope Leo XIV prepares to celebrate his first Mass

The Independent UK

Zhao's Historic Snooker Title Sparks Talk Of China World Domination

Zhao Xintong's historic World Snooker Championship title is set to spur the game to even greater heights in China and sparked predictions the country could come to dominate the sport.

International Business Times

Investors reload US assets as Trump anticipates substantive China trade talks

Trump signalled possible tariff cuts on China as he predicted “substantive” trade talks between the two countries this weekend. Risk-on sentiment prevailed in the markets, as US stocks and the dollar continued to rebound.

Euronews

Trump floats cutting Chinese tariffs from 145% to 80% before weekend talks

Meeting aimed at de-escalating trade war after Chinese exports beat expectations despite slump in trade

The Guardian - UK

Asian stocks are mixed after hopes for China-US talks, trade deal with the UK lift Wall Street

Shares are mixed in Asia as investors pin their hopes on weekend trade talks between China and the U.S. U.S. futures and oil prices logged modest gains

The Independent UK

'Trump-style rhetoric': premier to lead China mission

Victorian Premier Jacinta Allan will embark on a trade mission to China with an eye to economic growth and distancing the state from anti-Chinese rhetoric.

AAP

China Sales To US Slump Even As Exports Beat Forecasts

China said Friday sales to the United States slumped last month while its total exports topped forecasts, as Beijing fought a gruelling trade war with its superpower rival.

International Business Times

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The Independent UK

China's exports rose 8% in April as new US tariffs took effect

China has reported that its exports rose 8.1% in April from the year before in the tail end of a rush by companies and consumers to beat higher U.S. tariffs that took effect last month

International Business Times

China Can Play Hardball At Looming Trade Talks With US: Analysts

A formidable set of cards that includes granting access to its vast market and an ability to withstand economic pain will allow Beijing to play hardball in upcoming trade talks with the United States in Geneva, analysts say.

International Business Times

Chinese Fabric Exporters Anxious For US Trade Patch-up

Surrounded by samples of silk and glittering tweed in one of China's largest fabric markets, textiles exporter Cherry said she was anxiously awaiting the result of trade talks with the United States this weekend.

International Business Times

Nearing 100, Malaysian Ex-PM Mahathir Blasts 'Old World' Trump

Former Malaysian prime minister Mahathir Mohamad is giving President Donald Trump three months before his fellow Americans force him to rethink his stringent global tariff strategy, accusing the US leader of "living in an old world".

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International Business Times

Asian Stocks Lifted By Hopes For US-China Talks After UK Deal

Most Asian equities rose Friday on growing optimism that the worst of Donald Trump's trade war is past after he reached a deal with Britain and suggested he could lower tariffs on China as officials prepare for high-stakes talks this weekend.

AAP

Flat week for Australian shares ahead of US-China talks

A tariff deal between the US and UK has provided the first off-ramp for Donald Trump's trade crusade, but uncertainty continues to weigh on investor sentiment.

Space

China uses 'gravity slingshot' to rescue pair of wayward moon satellites

After a pair of satellites failed to reach their desired orbit around the moon last year, China used a novel gravity "slingshot" tactic to get the satellites in the correct spot.

Fortune

Sam Altman urges lawmakers against regulations that could 'slow down' U.S. in AI race against China

In the OpenAI CEO's first congressional hearing in two years, Altman faced few hostile questions or pushback, as lawmakers' attention focuses on competition with China rather than safety and regulation that was at the center of the previous hearing.

Barchart

Stocks Finish Moderately Higher on US-UK Trade Deal and Hope for Weekend China Talks

The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.58%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.62%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.98%. June E-mini S&P futures (ESM25 ) are up +0.61%, and June E-mini Nasdaq futures...

The Conversation

To split Moscow from Beijing, Trump is reviving Nixon’s ‘madman diplomacy’. It could backfire badly

When United States President William McKinley advocated high‑tariff protectionism in 1896, he argued squeezing foreign competitors behind a 50% wall of duties would make America richer and safer.

InsideEVs

China’s EVs Raced Ahead. Now It’s About Continuous Improvement

Believe it or not, there were rumblings that the Shanghai Auto Show this year was “quieter” than last year’s Beijing Auto Show.

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