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The Latest Breaking News from China

Trump Admin Unveils AI Strategy To Maintain US Dominance

President Donald Trump's administration unveiled an aggressive, low-regulation strategy on Wednesday boosting big tech's race to stay ahead of China on artificial intelligence and cement US dominance in the fast-expanding field.

International Business Times

China bets on robotics and an open-source approach to get an edge over U.S. AI

The U.S. and China are taking vastly different approaches to AI development.

Fortune

Freeport-McMoRan Copper And Gold Volumes Shine, CEO Touts China, India As Major Demand Driver

Freeport-McMoRan Inc. (NYSE:FCX) reported better-than-expected second-quarter results on Wednesday, driven by strong copper and gold sales volumes, lower costs, and favorable pricing. The company also marked a major operational milestone with the start-up of its new copper smelter in Indonesia.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

How America's Heel Turn From EVs Could Hurt Canada Too

As U.S. manufacturers slow down on EVs, it could lead to real issues of consumer choice for Canadian drivers. Also, Chinese brands pick up steam in Europe.

InsideEVs

EU steps up air defences for Ukraine and sanctions for Russia

The US returns as a seller of critical anti-ballistic systems, but remains neutral, with no ideological standpoint.

Al Jazeera

Trump’s hefty tariff on Brazil expected to push the country towards China

Chinese investments could play a crucial role in enabling Brazil to boost its industrial capacity and diversify economy.

Al Jazeera

EU and Japan agree to work together to promote free trade and economic security

Leaders of the European Union and Japan have launched an alliance aimed at boosting economic cooperation, defending free trade and countering unfair trade practices as the two sides face growing challenges from the United States and China

The Independent UK

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Americans Are Turning To DIY Weight Loss Injections to Dodge $1,000+ Monthly Drug Costs

Demand for glucagon-like peptide-1 weight-loss drugs — such as Ozempic, Zepbound and Wegovy — coupled with limited insurance coverage has fueled a risky but growing “gray” market for purchasing active ingredients from China, Reuters reported recently.

Benzinga

The US reached a 15 percent tariff agreement with Japan. Which camera gear is most likely to see a price hike?

The US will charge a 15 percent tariff on goods imported from Japan, based on a new agreement

Digital Camera World

Congress has a chequered history of overseeing US intelligence and national security

Tonya Ugoretz, a top FBI intelligence analyst, was placed on administrative leave in June. The FBI has not said why. But the decision came around the time she refused to endorse what was reportedly a thinly sourced report accusing China of interfering in the 2020 US presidential election in favour…

The Conversation

Togo’s ‘Nana-Benz’: how cheap Chinese imports of African fabrics have hurt the famous women traders

The manufacturing of African print textiles has shifted to China in the 21st century. While they are widely consumed in African countries – and symbolic of the continent – the rise of “made in China” has undermined the African women traders who have long shaped the retail and distribution of…

The Conversation

EU and Japan strengthen trade alliance amid global tensions

Faced with a tense economic context involving both China and the US, the EU and Japan aim to strengthen their economic relationship.

Euronews

China successfully hacks US nuclear weapons agency through Microsoft vulnerability, officials insist that’s no big deal

Chinese hackers? In OUR nuclear secrets?

We Got This Covered

EU and US nearing trade deal that would put 15% tariffs on imports from bloc

Rate would apply to most goods but bloc still hardening retaliatory measures in case Trump does not agree deal

The Guardian - UK

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The Independent UK

Explained: Taiwan’s biggest-ever recall vote and how it could shift power

Civic groups seek to unseat 24 Kuomintang legislators as Beijing voices support for opposition

MarketBeat

2 Chinese Stocks That Could Leave U.S. Tech in the Dust

There is one big discrepancy between the EPS growth rates and valuations between the S&P and China's stock market, creating an opportunity to rotate.

International Business Times

UK Launches First Sanctions In New Strategy To Deter Migrant Crossings

The UK imposed sanctions Wednesday on more than two dozen people, groups and suppliers from the Balkans, the Middle East and China accused of helping migrants cross the Channel.

International Business Times

EU, Japan Vow Joint Push For 'Fair' Global Trade

The EU and Japan pledged on Wednesday to work together on championing a "free and fair" trade global system, as US tariffs and disputes with China rattle their economies.

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The Guardian - US

Court blocks Trump’s ‘unconstitutional’ attempt to end birthright citizenship – as it happened

The 2-1 ruling from the ninth US circuit court of appeals brings issue one step closer to coming back before supreme court. This blog is now closed.

The Independent UK

India to resume issuing tourist visas to Chinese citizens

The diplomatic restoration of tourist visas comes after a gap of five years due to degradation of ties

Benzinga

Anthropic Warns US Falling Behind China In AI Arms Race As Energy Crisis Threatens 2028 Infrastructure Goals

The United States is trailing behind China in the global artificial intelligence race due to energy constraints, according to a report by Anthropic.

Barchart

Stock Index Futures Climb as U.S. Reaches Trade Deal With Japan, Tesla and Alphabet Earnings Awaited

September S&P 500 E-Mini futures (ESU25) are up +0.39%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.19% this morning as sentiment got a boost after the U.S. announced a trade deal with Japan.

TechRadar

PayPal's new cross-border payments platform looks to make sending money easier for 2 billion users

PayPal World will facilitate cross-border, multi-currency payments, with launch partners from the US, China, India and Mexico.

Fortune

With China now an adversary, this early Google investor wants the U.S. to bet on India instead

Also: All the news and watercooler chat from Fortune.

The Guardian - UK

US nuclear weapons agency ‘among 400 organisations breached by Chinese hackers’

Microsoft says vulnerabilities in its SharePoint servers exposed as reports point to wave of attacks

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