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The Latest Breaking News from China

Samsung expects profit to halve as tariffs and export curbs bite

The South Korean company’s second-quarter operating profit is expected to be less than half of what the company reported last year.

Euronews

Germany summons China's ambassador after a military plane is lasered over Red Sea

Germany has summoned the Chinese ambassador after a Chinese warship targeted a German military aircraft with a laser in the Red Sea

The Independent UK

Stock Index Futures Gain With Focus on Trade Talks as Trump Extends Tariff Deadline

September S&P 500 E-Mini futures (ESU25) are up +0.08%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.17% this morning as initial jitters over U.S. President Donald Trump’s latest tariff moves eased, giving way to cautious optimism that there’s still ample room for further negotiations.

Barchart

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Nato chief warns Russia will help China invade Taiwan by distracting Europe

IN FULL

The Independent UK

Typhoon Danas threatens China with flash floods after killing two people in Taiwan

Danas is forecast to bring between 100mm and 250mm of rainfall across a 650km stretch from Fuzhou in Fujian province to Hangzhou in Zhejiang, triggering flash flood warnings

The Independent UK

Philippines summons China's ambassador after Beijing sanctions critical former senator

The Philippines' foreign ministry has summoned China's ambassador after Beijing imposed sanctions on a former Filipino senator who has been critical of China’s actions in the disputed South China Sea

The Independent UK

How strong is US manufacturing, as Trump’s tariff deadline looms?

The US is the world’s second-largest manufacturer after China, adding $2.9 trillion to the global economy.

Al Jazeera

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Trump says he has struck a trade deal with Hanoi — lowers tariffs to 20% for Vietnamese goods, but adds 40% tax on loophole Chinese companies use to circumvent measures

The U.S. and Vietnam have reached a tentative agreement that sets tariffs on Vietnamese goods at 20%, but hits transshipments with a 40% import tax.

Tom’s Hardware

China accuses Trump of ‘bullying’ as trade tensions reignite

IN FULL

The Independent UK

Is China Dodging US Tariffs? Direct Exports To America Plunge 43% As Vietnam And Indonesia See Big Spurts: Report

China’s exports to the United States have plunged over 43% year-over-year in May, representing a $15 billion drop in trade value, yet at the same time, China’s total exports have increased 4.8%, according to official figures, despite the trade and tariff-related turbulence.

Benzinga

China threatens retaliation for Trump tariffs as Rubio starts first Asia trip

China has warned US president Donald Trump against reigniting trade tensions by reimposing tariffs on Chinese goods and threatened retaliation against countries siding with Washington at Beijing’s expense.

The Independent UK

Beijing Rejects Elon Musk As A 'Geopolitical Asset': Lukewarm Response To Chinese Diplomatic Overreach, Trump Feud Reportedly Diminishes Musk's Value

Chinese officials have reportedly cooled on Elon Musk, the CEO of Tesla Inc. (NASDAQ:TSLA), as a potential geopolitical asset due to his public fallout with President Donald Trump.

Benzinga

Over 200 kindergarten children hospitalised after school serves lead-tainted food

The children have symptoms including stomach and leg pain and hair loss

The Independent UK

Tesla China Sales Plunge Over 75% In First Week Of July Despite Strong Q2 Deliveries

Tesla Inc. (NASDAQ:TSLA) experienced a sharp drop in sales in the Chinese domestic car market during the week of June 30 to July 6, 2025.

Benzinga

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AAP

Trade boost, security concern force China balancing act

China's leaders will host Australian Prime Minister Anthony Albanese for a week-long tour that aims to boost economic ties, but points of contention remain.

Benzinga

Palantir Co-Founder Joe Lonsdale Wants A FDA Overhaul With Special Forces-Style AI Team Because China Is Racing To Outpace US In Biotech

On Monday, Palantir Technologies Inc. (NASDAQ:PLTR) co-founder Joe Lonsdale urged a tech-driven transformation of the Food and Drug Administration, warning that bureaucratic inertia is putting the U.S. behind China in the biotech race.

Euronews

Trump sends tariff letters, placing 25% duty on Japan and South Korea

Higher tariffs had been set to come into effect on 9 July, although the US president has now moved this date to 1 August.

The Independent UK

As US abruptly ends support, Liberia faces empty health clinics and unplanned pregnancies

Roseline Phay is a farmer in the West African nation of Liberia

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The Independent UK

Floods sweep away 18 people and bridge linking Nepal to China

Mountain river swollen by monsoon rains destroys main bridge linking Nepal to neighbouring country

Benzinga

Treasury Secretary Scott Bessent Plans China Talks Amid Trump's Escalating Tariff Push

U.S. Treasury Secretary Scott Bessent announced plans to meet with his Chinese counterpart in the coming weeks to advance trade discussions between the world’s two largest economies, amid escalating tariff threats from President Donald Trump.

Benzinga

US Export Bans And Nvidia Supply Issues Crush Samsung Chip Profits — Hopes Rest On Ultra-Thin Foldables, Smartwatches And Possible XR Debut At Galaxy Unpacked Event

On Tuesday, Samsung Electronics Co. (OTC:SSNLF) reported a sharp 56% drop in second-quarter operating profit, citing U.S. export restrictions on advanced AI chips for China — a blow to its semiconductor business just days before its major Galaxy Unpacked product launch.

The Independent UK

China extends visa-free entry to 74 countries – but with notable exceptions

The new rules mean millions more can stay for 30 days without a visa

Bangkok Post

Malaysia now No.1 source of tourists in Thailand

Malaysia has overtaken China as the largest inbound tourism market for Thailand in the first half of this year, while tourism operators say they have little hope that Asian markets will rise in the low season.

Evening Standard

China and US ‘should be in toughest tier’ of foreign influence scheme

The UK must also engage with Beijing economically ‘even if this prompts retaliation’ from the White House, the Chatham House report says.

Benzinga

Qualcomm Stock Is Trading Lower Monday: What's Going On?

Qualcomm Inc (NASDAQ:QCOM) shares are trading lower on Monday amid possible trade tensions. It was reported that the U.S. is planning to restrict shipments of AI chips to Malaysia and Thailand over China concerns.

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