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The Latest Breaking News from China

Huge online scam operations are flourishing in war-torn Myanmar – I travelled there to find out why

South-east Asia has become the “ground zero” for the global online scamming industry, according to the UN, costing victims billions of US dollars each year. Scam operations are run by Chinese crime syndicates from fortified compounds in countries like Myanmar, which has been embroiled in a nationwide armed conflict since…

The Conversation

Should You Buy the Dip in Nike Stock for 2026?

The brand is under real earnings and China pressure. But flat sales with margin beats, a nearly 2.8% dividend, and a 36% upside to Wall Street’s average target still argue for a choppy recovery rather than a broken story.

Barchart

Trump administration announces new tariffs on Chinese chips and electronic components — but fresh sanctions won't take effect until 2027, and rates remain unknown

The United States has slapped a fresh set of tariffs on Chinese electronic components, but their implementation has been delayed until 2027.

Tom’s Hardware

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Energy Insider: China Issues Guidelines to Scale Up Solar Thermal Power

China Shenhua plans $14 billion asset purchase from parent, international routes drive 22% jump in air cargo volume

Caixin Global

Samsung Execs Charged in Massive 10nm DRAM Trillion-Won Leak to China

Authorities in Seoul have indicted former Samsung executives for leaking vital 10nm DRAM blueprints to China's CXMT.

International Business Times UK

China's Le Mans ambitions: Two major manufacturers interested in WEC Hypercar entry

With Chery and Lynk & Co, two major Chinese players have emerged as potential Hypercar candidates, and their projects could represent much more than just a grid entry in the WEC

Motorsport

China puts brakes on push for self-driving cars after horror crash that killed three students

Some companies had reportedly already started making self-driving cars, expecting regulatory approval

The Independent UK

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Rare footage from trial of Chinese general who defied Tiananmen crackdown order leaked online

Video shows Gen Xu Qinxian explaining why he refused to deploy troops to crush 1989 student-led demonstrations

The Guardian - UK

‘100 times more powerful’: Trump announces new class of Navy warships with a shocking twist that breaks military tradition

Subtle as a brick, this guy.

We Got This Covered

Bulletin world briefing: Child dies after Texas plane crash and China hits back at UK

Here are five of the biggest stories from around the world today. Medical plane crashes off Texas leaving child among five dead South Korean rocket crashes to ground after failed launch in Brazil China hits back at UK over calls to release Jimmy Lai Boy, 4, among three killed by…

The Independent UK

Ten former Samsung employees arrested for industrial espionage charges for giving China chipmaker 10nm tech — executives and researchers allegedly leaked DRAM technology to China-based CXMT, resulting in trillions of losses in Korean Won

10 former Samsung employees are accused of leaking Samsung's 10-nm DRAM technology to CXMT, allegedly allowing the latter to achieve technological breakthroughs on stolen information.

Tom’s Hardware

Germany’s export model hit from both sides as US and China demand slumps

Simultaneous falls in exports to the US and China are exposing deep structural weaknesses in Europe’s largest economy, according to a new study.

Euronews

China’s durian craze has turned this tropical fruit into a tool of diplomacy

Distinctive in taste and famously divisive, durian is not everyone’s choice of fruit. This was certainly the case for some Chinese explorers when they first encountered it during the Ming Dynasty’s early maritime voyages.

The Conversation

Why so many young people in China are hugging trees

In Beijing’s central district, trees are everywhere. In parks, along roadsides and in courtyards inside people’s houses. Many have only been planted in recent decades.

The Conversation

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The Independent UK

US bans world’s biggest drone maker over national security concerns

China’s DJI currently supplies drone technology to law enforcement and emergency response agencies in the US

Fortune

Hong Kong tops global IPO charts for the first time since 2019 for total funds raised, overtaking New York’s stock exchanges

The New York and NASDAQ stock exchanges ranked 2nd and 3rd, raising a total of $20.3 billion and $19.2 billion respectively, a KPMG report found.

The Guardian - UK

First Thing: Number of people in ICE detention hits record high

Administration has arrested 328,000 and deported 327,000 people. Plus, Bethlehem in the Israeli-occupied West Bank celebrates Christmas again

Fortune

Why China is unfazed by Trump's tariffs: 'The amount of grit and sheer willpower is on a different scale,' CEO of $3.7 billion company says

Also: All the news and watercooler chat from Fortune.

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The Independent UK

China ramps up tensions with Britain over Jimmy Lai conviction

Beijing summons envoys from both UK and US in response to widespread international condemnation of Lai verdict

The Guardian - UK

The second China shock is coming – and the UK’s response is too timid

Beijing’s push to dominate technology through state-backed industrial policy is reshaping global trade and could devastate European industry

Radio France Internationale

EU slams China over 'unjustified' tariffs on European dairy imports

Brussels has hit back at China slapping duties of up to 42.7 percent on some dairy products from the European Union, calling the move "unjustified". China's announcement is the latest in a trade spat with the EU that spans from food to electric vehicles.

The Guardian - AU

Russia and China pledge support for Venezuela as Trump ratchets up pressure on Maduro

Trump again called for Venezuela’s president to leave power and said the US would keep or sell the oil it had seized

The Independent UK

US drops plan to deport Chinese national who exposed Xinjiang abuses, rights activists say

The Department of Homeland Security has dropped its plan to deport a Chinese national who entered the country illegally after his plight raised public concerns that the man, if deported, would be punished by Beijing for helping expose human rights abuses in China’s Xinjiang region

The Guardian - UK

‘Is this real?’: wife of detained pastor describes anguish as China cracks down on unofficial churches

Church leaders and members detained as government tightens controls on underground Christian gatherings

The Texas Tribune

Texas comptroller questions whether some Islamic schools can be excluded from voucher program

Acting Texas Comptroller Kelly Hancock suggested schools that hosted events for the Council on American-Islamic Relations or are linked to China could be disqualified from the new program.

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