The Latest Breaking News from China

After a memorable start to the season in Melbourne, Formula 1 rolls onto Shanghai for the second round of 2025 – a perfect chance for all of the Chinese partners and sponsors to roll out the red carpet and showcase their respective businesses to the ever-increasing global audience.

March S&P 500 E-Mini futures (ESH25) are up +0.21%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.22% this morning, pointing to a slightly higher open on Wall Street as investors await the Federal Reserve’s policy decision and Chair Jerome Powell’s comments.

The Fed rate outlook looms after stocks fell Tue. despite Nvidia CEO Jensen Huang unveiling new AI chips. Tesla stock rose overnight on taxi permit news.

Nvidia chief Jensen Huang on Tuesday showcased cutting-edge chips for artificial intelligence and new applications for the technology, shrugging off talk of China's DeepSeek disrupting the market and dangers from US President Donald Trump's trade wars.

Even Mexico and Canada, which were directly hit with U.S. tariffs, are outperforming Wall Street.

Donald Trump took a swipe at environmentalists and China in an impassioned Truth Social post on Monday.

President Donald Trump's decision to freeze US-funded media outlets, including Voice of America, Radio Free Asia and Radio Free Europe, risks "benefitting adversaries", the EU has said. Meanwhile, countries like China and Cambodia praised the move, accusing the outlets of "biased" reporting and "fake news".

During his election campaign, US president Donald Trump claimed the word tariff is “more beautiful than ‘love’”. Now in office, Trump has targeted his closest neighbours and trading partners with those self same policies. He initially concentrated his levies on Canada, China and Mexico – two of which share land…

Xiaomi has only been in the EV business for a year, and it's already sold 200,000 cars to Chinese drivers.