The Latest Breaking News from China

France says it wants to introduce a handling fee on low-value packages shipped by non-EU online retailers, in a move aimed at tackling the flood of cheap products from China.

Chinese President Xi Jinping described the blaze as ‘a deeply sobering lesson’ for the country

The president’s approach: tackle problems that don’t exist via policies that won’t work

In recent days new data has shown a drastic reduction in export shipping from China to the U.S. and investors appear to have reacted as a result.

Minister says the tax, if imposed, will be ‘a few euros’

June S&P 500 E-Mini futures (ESM25) are trending down -0.30% this morning as investors cautiously await a barrage of U.S. economic data, including the Fed’s favorite inflation gauge and the first estimate of first-quarter GDP, as well as earnings reports from “Magnificent Seven” companies Microsoft and Meta.

8BitDo, makers of the wonderful Retro Mechanical Keyboard, has suspended shipments to the U.S. from China down to the current tariff situation.

Advances in materials and architecture could lead to silicon-free chip manufacturing thanks to a new type of transistor.

China’s factory activity in April fell to its lowest level since December 2023 as US tariffs weighed on business sentiment. Analysts noted that importers have now adopted a “wait-and-see” approach after Chinese manufacturers rushed to complete orders in March.

The Philippines has signed a military pact with New Zealand, allowing their forces to hold joint exercises as Manila continues to build security alliances as it faces an increasingly aggressive China in the disputed South China Sea

A military parade held in Ho Chi Minh City concludes celebration of 50th anniversary since the fall of Saigon.