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The Latest Breaking News from China

Scott Bessent Says China Talks Optimistic As Trump Slaps Tariffs On Dozens Of Countries: 'We Have The Makings Of A Deal'

U.S. Treasury Secretary Scott Bessent said Friday he's optimistic about reaching a trade agreement with China as President Donald Trump launched a sweeping new round of tariffs affecting dozens of countries.

Benzinga

Attacks in China and Japan raise concerns about xenophobia in both countries

A Japanese woman in China was attacked with a stone-like object in Suzhou on Thursday evening

The Independent UK

Polestar Is Doing Great. Except In China, Where It Sold 69 Cars All Year

Polestar has reportedly closed all of its Chinese stores aside from one in Shanghai. Could it exit China soon?

InsideEVs

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Abandon the False Hope’: Forget arms control, The US just got a terrifying reality check on China’s nuclear ambitions

A new report from the Hudson Institute delivers a serious warning about China’s rapidly growing nuclear weapons program.

We Got This Covered

Watch how Chinese are converting thousands of Geforce RTX 5090 cards into AI accelerators and there's nothing Nvidia can do to stop it

Chinese firms are converting RTX 5090 gaming cards into AI chips inside domestic factory lines.

TechRadar

Bay Area AI startups are turning to China’s outlawed ‘996’ work model

Some Silicon Valley startups are embracing China's outlawed "996" work culture, expecting employees to work 12-hour days, six days a week, in pursuit of hyper-productivity and global AI dominance.

Fortune

Hong Kong firm appeals for legal protection of investors as its Panama Ports contract faces lawsuits

A subsidiary of a Hong Kong conglomerate entangled in U.S.-China tensions appealed on Friday for legal protection for businesses in the Central American country after its contract over its Panama Canal port assets faces lawsuits

The Independent UK

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Why the US is letting China win on energy innovation

During the cold war, the US and Soviet Union were locked in a desperate race to develop cutting‑edge technologies like long-range missiles and satellites. Fast forward to today and the frontiers of global technology have pivoted to AI and next‑generation energy.

The Conversation

What consumers can expect from import taxes as the US sets new tariff rates

American businesses and consumers are finding the contours of President Donald Trump’s foreign trade agenda taking shape

The Independent UK

Joyce and Canavan call for new coal plants to replace renewable energy projects

Coalition opponents of net zero spruik coal, nuclear and gas as emissions policy divides opposition

The Guardian - AU

Nvidia, Broadcom, Marvell Lead Chip Stock Slide After Trump Hits China, Taiwan With New Tariffs

Artificial intelligence chip stocks including NVIDIA Corp. (NASDAQ:NVDA), Advanced Micro Devices Inc (NASDAQ:AMD), Broadcom Inc (NASDAQ:AVGO), Arm Holdings PLC-ADR (NASDAQ:ARM), Marvell Technology Inc (NASDAQ:MRVL), Micron Technology Inc (NASDAQ:MU), Lam Research Corp (NASDAQ:LRCX), Taiwan Semiconductor Manufacturing Co (NYSE:TSM), Super Micro Computer Inc (NASDAQ:SMCI) are trading lower on Friday as the Trump…

Benzinga

Aston Martin Is Selling Its F1 Team Stake and Might Go Private

Like many automakers right now, Aston Martin isn't doing well. US tariffs and weakening demand in China have forced the brand to slash its financial outlook for the year. On Thursday, the company announced it would more likely break even by the end of 2025, rather than make a profit.…

Motor1

What will it take for China to arrest its declining birth rate?

China’s central government introduced a childcare subsidy on July 28 that will provide families with 3,000 yuan (around £312) a year for each child under the age of three. The announcement came days after plans were unveiled to roll out free preschool education across the country.

The Conversation

FBI opens first office in New Zealand, sparking backlash in China

US Defence Secretary Pete Hegseth said in June that China posed an imminent threat and urged Indo-Pacific countries to increase military spending to 5% of GDP.

Euronews

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Newslaundry

Trump’s tariff bullying: Why India must stand its ground

Donald Trump’s chaotic act continues. His latest move: slapping a 25 percent tariff and a penalty on Indian goods exports to the United States.It’s vintage Trump – unapologetic – designed to get the other side, in this case India, to surrender to his demands. He is like a kid in…

The Independent UK

Three-year-old survives fall from 18th-floor apartment in China

Toddler’s fall broken by tree branches

The Independent UK

How do Trump’s tariffs affect Asian countries?

US president blindsides Asian partners with steep new levies that threaten to redraw region’s economic and strategic map, Shweta Sharma writes

The Independent UK

Voices: Trump’s ‘Tariffmaggedon’ is back… and with a vengeance

COMMENT: As the US president revives his discredited tariffs policy – which appears to single out Canada for punishment – Sean O’Grady says pushing levies on foreign imports to their highest level since 1934 can only be a disaster for the entire world economy

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Barchart

Stock Index Futures Plunge on Trump’s Tariffs & A Weak US Jobs Report

September S&P 500 E-Mini futures (ESU25) are down -0.93%, and September Nasdaq 100 E-Mini futures (NQU25) are down -1.03% this morning as U.S. President Donald Trump’s sweeping import tariffs fueled concerns about the outlook for economic growth.

Kiplinger

Three Electronics to Buy Before Tariffs Hit (And One to Skip for Now)

With new tariffs taking effect August 1, certain electronics could soon cost more. Here's what to consider buying before prices rise.

Fortune

We're about to see a $1 trillion 'super-cycle' of investment in batteries to power the grid for AI

Large-scale battery storage is critical to meeting surging power demands.

The Independent UK

Satellite images reveal alarming scale of China’s military build-up in disputed South China Sea

Latest satellite images of Mischief Reef show sprawling runways, missile shelters, and large aircraft hangars

The Independent UK

FBI director says a new office in New Zealand will counter China's sway, provoking Beijing's ire

FBI Director Kash Patel has provoked diplomatic discomfort in New Zealand by saying the opening of a new office in Wellington aims to counter China's influence

The Guardian - UK

Weather tracker: deadly floods devastate northern China

Torrential rain batters Beijing and surrounding areas, while intense heat lingers in parts of Scandinavia

Fortune

AI keeps getting more powerful, making it harder to judge how smart models actually are

Stanford’s Russell Wald shared a few highlights of this year’s AI Index at Fortune Brainstorm AI Singapore.

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