The Latest Breaking News from China

Huawei Technologies has announced plans to launch what it says will be the world's most powerful AI computing clusters over the next two years

September S&P 500 E-Mini futures (ESU25) are up +0.84%, and September Nasdaq 100 E-Mini futures (NQU25) are up +1.10% this morning, pointing to a sharply higher open on Wall Street after the Federal Reserve cut interest rates for the first time since December and signaled more reductions could follow soon.

China’s declaration of a nature reserve in the South China Sea is the latest twist in its yearslong push to establish control over the strategically important waters

Powerful Buddhist monks who have previously escaped punishment are the latest target of the government’s crackdown on excess wealth and alleged corruption

President Donald Trump's recent optimistic remarks on negotiations with China have given a boost to U.S.-listed Chinese stocks. 

Trump said in July the U.S. will do "whatever it takes" to lead the world in AI.

Alibaba Group Holding Limited (NYSE:BABA) shares are trading higher Wednesday after reports indicating the company secured China Unicom as a major client for its artificial intelligence (AI) chips.

The Anthropic CEO has previously warned AI could wipe out half of entry-level white-collar jobs soon.

NVIDIA Corporation (NASDAQ:NVDA) shares are trading lower Wednesday after China reportedly banned its leading technology companies from procuring the company’s artificial intelligence (AI) chips.