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The Latest Breaking News from China

Nvidia takes the gloves off with sharp words for Biden’s AI export control rules while trumpeting Trump's return

Once reticent to get involved in policy debates, Nvidia issued a sharply-worded blog post criticizing Biden's sweeping new export restrictions on AI chips and other AI technology

Fortune

The new Tesla Model Y is here but you can’t have one (yet)

With a facelift giving Cybertruck vibes, this new Tesla is only available in China and Australia – at least for now

OpenAI, Microsoft Push For AI Infrastructure Projects Amid U.S.-China Rivalry

Startup OpenAI on Monday joined its biggest investor, Microsoft, in proposing AI infrastructure projects.

Investors Business Daily

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‘It’s ironic’: how climate crisis is driving Trump push on Greenland and Panama

What the president-elect calls a ‘giant hoax’ is changing the strategic calculus in the Arctic and for the Panama canal

The Guardian - US

Toyota Exec: 'We Have Learned From The bZ4X Crisis'

As a rule, I don't count Toyota out in the electric vehicle race—or the race for any future transportation technology. But my rule has its limits. While Toyota had a fantastic year in the U.S. in 2024 on the strengths of its hybrid cars, the cracks are beginning to show…

InsideEVs

US Announces New Restrictions On AI Chip Exports

The United States unveiled new export rules Monday on chips used for artificial intelligence, furthering efforts to make it tough for China and other rivals to access advanced technology in Joe Biden's final days as president.

International Business Times

Future of Russian gas looking bleak as Ukraine turns off taps and Europe eyes ending all imports

Russia’s contract for the transit of its gas across Ukraine expired on December 31 last year and Kyiv refused to consider a new deal. Ukraine’s decision was supported by the European Commission, even though the lost imports are equivalent to 5% of European demand.

The Conversation

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2 Chinese EV Makers Setting Record Sales and Improving Margins

Two Chinese EV makers just posted record sales in December. They are also making strides in profitability. What is the outlook on these names for 2025?

MarketBeat

Enormous skull of 200-million-year-old giant dinosaur discovered in China

The well-preserved skull belongs to a never-before-seen species of sauropodomorph that potentially grew up to 33 feet long.

LiveScience

Trump’s canal canard obscures a truth: Panama just wants to run its shipping passage without interference from China or the US

U.S. President-elect Donald Trump has in recent days repeatedly denounced what he sees as China’s outsized influence on the Panama Canal – the crucial maritime passageway linking the Atlantic and Pacific oceans.

The Conversation

China plans to plant a waving flag on the moon in 2026. Here's how

China's Chang'e 7 moon-landing mission will apparently include a flag that can flutter in the moon's thin and tenuous atmosphere.

Space

China's Exports Surge Amid Tariff Threats From US

China's December trade data reveals strong export growth, trade surplus, and efforts to boost imports amidst global trade challenges.

Top News

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Fortune

ASML feeder-university located 5 miles away suspends lessons after cyber attack

Eindhoven University of Technology said its network collapse had "all the hallmarks of a cyber attack."

The Independent UK

Philippines protests presence of ‘monster ship’ amid fears of status quo shift in South China Sea

Manila says Chinese vessels detected near disputed Scarborough shoal

The Walrus

The Most Toxic Substance on Earth – and the Tiny Town Volunteering to Host It

The fraught quest for a safe site to bury nuclear waste

Barchart

Stocks Set to Open Sharply Lower as Fed Rate Cut Hopes Fade, U.S. Inflation Data and Big Bank Earnings in Focus

March S&P 500 E-Mini futures (ESH25) are down -0.83%, and March Nasdaq 100 E-Mini futures (NQH25) are down -1.26% this morning while Treasury yields continued to rise as investors trimmed bets on Federal Reserve interest rate cuts following Friday’s strong payroll data.

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The Independent UK

China's electric car sales grow in 2024, as sales of gasoline cars plunge

Sales of all types of electric vehicles rose more than 40% in China last year, while those of gasoline-powered automobiles plunged

Evening Standard

Pound falls again and borrowing costs hit new high but Keir Starmer gives Rachel Reeves 'full confidence'

No10 said Chancellor will remain until the next election as pressure mounts on her amid the economic problems facing Britain

The Independent UK

Taiwan's spy agency says China is working with gangs, shell companies to gain intelligence on Taiwan

Taiwan’s intelligence bureau says China’s main spy agency is working with criminal gangs, shell companies and other dubious partners to gain intelligence on Taiwan’s defenses, resulting in a major rise in those arrested for alleged espionage on the island

Al Jazeera

China’s exports hit record high as Trump tariffs loom

Exports rose 10.7 percent in 2024, beating economists’ forecasts, customs data shows.

The Guardian - UK

Reeves back from China with one eye on bonds and the other on economic data

The chancellor will be monitoring the price of gilts after last week’s selloff and data to come on inflation and growth

International Business Times

China Saw Booming Exports In 2024 As Trump Tariffs Loom

China's exports surged to a record high in 2024, providing a much-needed boost for the economy as the prospect of biting tariffs imposed by US president-elect Donald Trump looms.

The Independent UK

China's exports in December grew 10.7%, beating estimates as higher US tariffs loom

China’s exports in December grew at a faster pace than expected, as factories rushed to fill orders to beat higher tariffs that U.S. President-elect Donald Trump has threatened to impose once he takes office

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