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The Latest Breaking News from China

“Hilarious”: TikTok Can’t Get Enough Of Chinese Trump Impersonator Who Nails Every Line

The Chinese TikToker has never been to the US and is not a native English speaker. “This is the best impression of Donald Trump I’ve seen yet,” one fan said.

Bored Panda

What percentage of US toys and Christmas goods are imported from China?

Data shows that some 80 percent of all toys and 90 percent of Christmas goods sold in the US are manufactured in China.

Al Jazeera

China's unemployed Gen Z are proudly calling themselves 'rat people' and spending entire days in bed

Instead of even trying to chase jobs that seem out of reach, many Gen Zers are embracing living like a rat—not showering or leaving their dwelling for days at a time. Experts say the movement is a global 'quiet protest' against current job market and burnout.

Fortune

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“Qt is everywhere” - we hear about the development framework secretly featuring on billions of devices across the world

Qt is the software development framework that promises to do all the heavy lifting.

TechRadar

Song He Lou, London W1: ‘No neon, no bunting and not much jostling for tourist dollars’ – restaurant review

With three floors to fill, this 270-year-old restaurant chain’s understated approach feels rather bold

The Guardian - UK

Trump Hails 'Total Reset' In US-China Trade Relations As Talks Continue

US President Donald Trump hailed a "total reset" in US-China trade relations, ahead of a second day of talks Sunday between top officials from Washington and Beijing aimed at de-escalating trade tensions sparked by his aggressive tariff rollout.

International Business Times

Bessent claims high-stakes trade talks with China were ‘productive’ - but doesn’t share any details of new deal

The Trump administration is set to release more details tomorrow

The Independent UK

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MI6 set to appoint first female boss

Dame Barbara Woodward’s critics say she was reluctant to criticise Beijing while ambassador between 2015 and 2020

The Independent UK

US and China tariff talks begin in Geneva with hope of de-escalating trade dispute

Tariff talks begin between US and Chinese officials in Switzerland on Saturday. This follows US President Donald Trump increasing US tariffs on China to a combined 145%, and China retaliating by hitting America with a 125% levy last month.

Euronews

China has a big red button that hurts Elon Musk. But will they press it?

Tesla’s dependence on its Shanghai ‘gigafactory’ gives Chinese officials enormous leverage over one of Donald Trump’s key backers — which could prove an asset in the trade war, writes Io Dodds

The Independent UK

Myammar's military government chief has first meeting with China's leader since taking power in 2021

The chief of Myanmar's military government, Senior Gen. Min Aung Hlaing, has for the first time since seizing power four years ago met with President Xi Jinping of China, a top ally of his military government

The Independent UK

TikTok's sketchy trade war fix

Chinese manufacturers are urging Americans to buy their favorite luxury brands directly from them

Salon

China's Consumption Slide Deepens As Tariff War Bites

China said Saturday that consumer prices slumped in April for the third straight month, reflecting persistent challenges as leaders attempt to revive an economy stymied by sluggish spending and a fierce trade war with Washington.

International Business Times

Whiplash reversals mean Trump’s erratic trade policy is as clear as mud

The specifics of the administration’s economic masterplan – from strollers to movies to China – change by the day

The Guardian - US

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Fortune

The threat to kick China out of U.S. exchanges is growing, and Hong Kong stands to benefit

Delisting worries have grown since late February, when President Donald Trump revived the threat of kicking Chinese companies off U.S. exchanges.

The Guardian - UK

Who is Gen Asim Munir, the army chief leading Pakistan’s military amid India crisis?

Military chief once fell foul of Imran Khan, but since taking the top spot has been quietly amassing power over the government and supreme court

Barchart

Stocks Close Slightly Lower Ahead of US-China Trade Talks

The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.01%. June E-mini S&P futures (ESM25 ) are down -0.07%, and June E-mini Nasdaq futures...

Fortune

Stock markets stagnate as investors wait for results of China trade talks

“Many Trade Deals in the hopper, all good (GREAT!) ones!,” President Donald Trump posted Friday on his social media app Truth Social.

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Euronews

Switzerland's president hopes 'Holy Spirit' will guide US-China tariff talks in Geneva

The Swiss government said its talks with Bessent and US Trade Representative Jamieson Greer were “convivial and constructive” and were aimed to lay out the guidelines for a deal on the issue of customs duties to be discussed again in coming weeks.

Barchart

Dollar Edges Lowers Before US-China Trade Talks

The dollar index (DXY00 ) Friday fell from a 4-week high and finished down by -0.29%. Long liquidation pressures weighed on the dollar ahead of this weekend's US-China trade talks in Switzerland. Losses in the dollar accelerated Friday after New York Fed President Williams said he expects economic growth in...

Barchart

Crude Rallies on US-China Trade Talk Optimism

June WTI crude oil (CLM25 ) Friday closed up +1.11 (+1.85%), and June RBOB gasoline (RBM25 ) closed up +0.0230 (+1.10%). Crude oil and gasoline prices on Friday rallied to 1-1/2 week highs and settled moderately higher. Friday's weaker dollar was bullish for energy prices. Also, optimism about this weekend's...

Fortune

U.S.-China trade talks will shed light on the end goal for tariffs

The world’s two largest economies will hold official trade talks this weekend.

Al Jazeera

‘I don’t have the cash to pay for these tariffs’: US small biz suffers

US small businesses are being financially stressed by Trump’s tariffs amidst already slim margins.

Fortune

Trump calls emptying U.S. ports a 'good thing' despite supply-chain panic because 'that means we lose less money'

The president has repeatedly claimed the U.S. has a $1 trillion trade deficit with China, though economists argue a trade deficit isn’t inherently negative.

Barchart

Unusual Options Activity: 3 Long Straddles to Play From Thursday’s Top 100

There were 1,291 unusually active options in Thursday trading. The top 100’s Vol/OI ratios ranged from a high of 294.34 to a low of 10.60. Three of the top 10o are possible long straddles.

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