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The Latest Breaking News from China

China's April industrial profits grow at fastest in more than two years

China's industrial profits saw a significant jump in April, the fastest since November 2023. This growth is largely fueled by strong exports and the booming AI sector. However, domestic demand continues to falter, creating a challenging environment for many businesses. Companies are increasingly relying on overseas markets for expansion. This…

The Economic Times

Monsoon uncertainty, price pressures to weigh on Indian agrochemical performance: Report

Indian agrochemical companies face challenges ahead. Higher prices for farm chemicals and uncertain monsoon rains are expected to impact performance in the second quarter of fiscal year 2027. Global El Nino concerns add to the worry. Meanwhile, China's pesticide production continues to surge, impacting global supply dynamics. Other chemical sectors…

The Economic Times

French luxury store Galeries Lafayette shuts Beijing flagship branch after 13 years

French luxury retailer Galeries Lafayette closed its flagship Beijing store on Wednesday after 13 years, underscoring weak consumer spending and changing shopping habits in China. Shoppers snapped up final bargains as staff cleared unsold goods and dismantled displays at the six-floor department store before its indefinite closure.

France 24

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Nvidia CEO Jensen Huang Says US Chip Restrictions Helped Chinese AI Companies Grow

Nvidia CEO Jensen Huang claims US export restrictions on semiconductors have accelerated China's AI industry growth, allowing companies like Huawei to fill the market gap left by Nvidia.

International Business Times UK

ICF8｜XCMG Excavator Showcase: A Shared Path Toward a Greener Future

XUZHOU, China, May 27, 2026 /PRNewswire/ -- XCMG hosted its 8th International Customer Festival on May 19. Partners from around the world gathered at the company's smart manufacturing campus for an up-close look at its latest developments. The event marked a new chapter for XCMG in driving the conversation on…

AAP

Tencent Cloud Named a Leader in Authoritative Sovereign Cloud Report, Recognized as a "Customer Favorite"

SHENZHEN, China, May 27, 2026 /PRNewswire/ -- Tencent Cloud, the cloud business of global leading technology company Tencent, today announced that it successfully secured a position as a Leader in The Forrester Wave™: Sovereign Cloud Platforms, Q2 2026 report, driven by the robust capabilities of Tencent Cloud Enterprise (TCE). As…

AAP

Qfin Q1 Earnings Call Highlights

Qfin (NASDAQ:QFIN) reported lower first-quarter 2026 revenue and profit as management described continued pressure across China’s consumer credit market, but said recent risk-control measures are beginning to show results. CEO Haisheng Wu said China’s consumer credit industry has been undergoing “p

MarketBeat

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‘Makes no sense’: experts doubt pause in US arms sale to Taiwan is due to Iran war

While approval is due soon for $14bn deal, actual deliveries to Taiwan are years away – making ‘Operation Epic Fury’ in the Gulf an unlikely cause

The Guardian - AU

Russia is targeting UK’s infrastructure and democracy, GCHQ head to say

Anne Keast-Butler will also warn of narrowing window to stay ahead of China in ‘new era of radical uncertainty’

The Guardian - UK

China reunification is an inevitable historical trend

Recently, the world's attention has been focused on the East. At the invitation of President Xi Jinping, general secretary of the Central Committee of the Communist Party of China, US President Donald Trump paid a state visit to China from May 13 to 15. These two major events have once…

Bangkok Post

Colbert finale intentionally ignored on CBS Mornings after spoof of Trump China coverage: ‘Kicked ... when they were down’

The reported lack of an on-air tribute came after Colbert mocked his home network for failing to get a top anchor to China to cover the Trump summit

The Independent UK

Quote of the day by Shang Yang: 'The stupid don't even understand something that happened long ago, the wise understand it before it...' - thought-provoking lessons on intelligence, life strategy and why wise people predict outcomes early by founding father of legalism

Quote of the day by Shang Yang: He emphasized foresight in human behavior, contrasting those who learn from past events with the wise who anticipate future outcomes. His reforms in the state of Qin, focused on strengthening the military and centralizing power, laid groundwork for China's unification, though his authoritarian…

The Economic Times

Labor MP tells Coalition to ‘stop running scare campaigns’ over CGT changes – as it happened

This blog is now closed

The Guardian - AU

Why Has Trump Stopped Selling Weapons to Taiwan?

The administration is avoiding conflict with China to focus on war in the Middle East. Taiwan’s democracy hangs in the balance.

Reason

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Barchart

Wall Street Is Only Just Beginning to Recognize Advanced Micro Devices’ Agentic AI Upside Potential

While Nvidia CEO Jensen Huang enjoyed street food in China, AMD CEO Lisa Su was talking to stakeholders.

Fortune

America's manufacturing Achilles' heel: McKinsey’s warning on rare earths grows louder

McKinsey projects a shortfall of up to 30% in magnetic rare earth supply globally by 2035.

TechRadar

‘They choose not to buy because they want to develop their own’: China just refused to buy a single Nvidia AI chip as Trump’s plan backfires

China has refused to buy Nvidia’s H200 AI chips despite personal intervention from Donald Trump.

Fortune

As China bets its future on AI by cutting arts degrees, Jensen Huang says parents shouldn’t worry about what their kids study

“All the things that used to matter are still going to matter,” the Nvidia CEO said.

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The Independent UK

Moment car is dragged into raging flood waters as bridge collapses in China

New footage captures the moment a car plunged into a torrent of water after a bridge collapsed in flood-hit China.

The Conversation

Rising geoplitical tensions show why Canada’s agri-food trade strategy needs to change

Canada’s agricultural exporters are under pressure from trade disputes on multiple fronts: tariff disputes with the United States and China and diplomatic friction with India and Saudi Arabia, to name a few.

InsideEVs

China Is Turning Against The EV Gimmicks It Helped Popularize

Hidden handles, giant screens, yokes, and heavily reclining seats make Chinese EVs feel futuristic. Now regulators are questioning their safety.

The Economic Times

Has China eaten Europe's lunch? A Brussels-Beijing battle is brewing

Europe is adopting a tougher stance against China's industrial practices. A new strategy aims to protect European industries from unfair competition and overcapacity. Several EU nations are pushing for stronger trade measures. This shift reflects a growing fear of deindustrialization and a desire for strategic autonomy. The EU is increasingly…

Tom’s Hardware

Chinese AI experts in private firms now required to secure approval before international travel — Beijing enforces policy to secure top-tier talent, expands measures beyond government

The Chinese government has imposed travel restrictions on key AI experts, requiring them to secure an approval before they can leave the country. Beijing is reportedly doing this to secure talent, which it now considers as a strategic resource, as it competes with the U.S. to gain supremacy in artificial…

AAP

Global Times: China's development is an opportunity for the world: Tsinghua professor on 15th Five-Year Plan's global significance

BEIJING, May 26, 2026 /PRNewswire/ -- 2026 marks the opening year of China's 15th Five-Year Plan period (2026-30). The outline of the Plan sets out the following development goals for the coming five years: significant achievements in high-quality development, substantial improvements in scientific and technological self-reliance and strength, fresh breakthroughs…

Euronews

Germany resists EU members' push for a tougher stance on China

German Trade Minister Katherina Reiche is in Beijing this week seeking to strengthen industrial ties with China, even as several EU member states push Brussels to take a tougher line against the Asian giant over overcapacities.

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