The Latest Breaking News from China

Also: Nvidia drops 7% after China export ban, China asks airlines to halt Boeing orders.

Despite allegations of exploitation, thousands of Chinese workers have come to rely on Shein for their livelihoods, write Casey Hall and Sophie Yu. Trump’s tariffs could put all that at risk

Nvidia shares have fallen more than 5% in after-hours trading after the US said the chipmaker would require a licence to sell H20 chips to China.

China Daily, the Communist party’s English-language mouthpiece, says US ‘has been living beyond its means for decades’

Nvidia faces a potential £4.2 billion financial setback due to escalating U.S.-China trade tensions and new export restrictions on its AI chips.

Nvidia’s shares plunged almost 7% in after-market trading, amid a broader slump in global markets as Trump’s new ban intensifies a U.S.-China tech war.

On 15 April 2025, Boeing's shares fell after China banned its airlines from accepting jet deliveries, retaliating against US tariffs of 145%

ASML reported net bookings that significantly missed analysts’ expectations in the first quarter, although it maintained its guidance for 2025. CEO Christophe Fouquet highlighted uncertainties around the macro environment and downside risks to the company’s performance this year.

Forecast-beating growth in China's first quarter may have offered Beijing's economic planners some much needed good news -- but analysts warn they should strap in for tariff-induced woes further down the line.

Global stock markets and dollar sell off while gold jumps by 2.4%; eurozone and UK inflation slow

It comes as President Donald Trump claims the U.S. is taking in ‘record’ tariffs after raising import duties