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The Latest Breaking News from China

China Says On 'Right Side Of History' In Trade Standoff With US

Since returning to the White House in January, US President Donald Trump has imposed 10 percent tariffs on most US trading partners and a separate 145 percent levy on many products from China.

International Business Times

Trump signs orders stepping up immigration crackdown and ‘unleashing America’s law enforcement’ – as it happened

Executive orders target sanctuary cities, gives legal help for police accused of misconduct and requires truck drivers to speak English

The Guardian - US

Stocks Set for Muted Open as Investors Await Key U.S. Economic Data and Big Tech Earnings, Trade Talks in Focus

June S&P 500 E-Mini futures (ESM25) are down -0.11%, and June Nasdaq 100 E-Mini futures (NQM25) are down -0.16% this morning as investors look ahead to earnings reports from some of the biggest tech heavyweights as well as key economic data, including the jobs report, the Fed’s favorite inflation gauge,…

Barchart

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China, Philippines Trade Barbs Over Disputed Reef

China and the Philippines on Monday defended their claims to a disputed reef in the South China Sea, after Manila accused Beijing of seeking to "intimidate and harass" with a state media report that suggested the area had been seized.

International Business Times

China’s Huawei encroaches further on Nvidia’s turf and is reportedly set to test a new AI chip aimed at the H100

The chip, dubbed Ascend 910D, will be Huawei’s most powerful AI processor to date, according to a report from the Wall Street Journal.

Fortune

Porsche Could Quit EVs In China

Where would Western luxury automakers be today without the Chinese market? Prestige brands have been riding the gravy train for years, but all good things must come to an end. The rise of domestic automakers has severely impacted demand for international brands; ask Porsche. Its sales in China slipped by…

Motor1

China and Philippines display their flags on a disputed South China Sea outcropping

China says six Filipinos landed on a tiny outcropping that both countries claim in the South China Sea

The Independent UK

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Week ahead: Eurozone inflation, Apple and Meta earnings in focus

It is set to be a busy week for financial markets, with key economic data, including the eurozone’s flash inflation figures for April and the US non-farm payrolls, due for release. Additionally, big tech earnings, particularly Apple’s quarterly results, will be closely watched.

Euronews

Gold’s record rally stalls on hopes of easing global trade tensions

Gold retreated sharply from an all-time high in the past week as risk-aversion sentiment abated following Trump’s softened tone on China tariffs. While the price drop may continue in the near term, analysts expect gold to extend its long-term rally due to ongoing uncertainties.

Euronews

US tariff war hurting trade with China; M&S cyber-attack crisis continues; FTSE 100 rises for 11th day running – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Manila denies China ‘dealt with’ Philippine mission to disputed reef

Philippine officials say a mission visited Sandy Cay Reef in disputed South China Sea and unfurled the national flag.

Al Jazeera

Met police ‘maintain concerns’ about China super-embassy plan

Exclusive: Force, which had dropped objection to plan, says protests of more than 500 people would impede traffic and require extra resources

The Guardian - UK

China and Philippines display competing flags on disputed South China Sea sandbank

Beijing and Manila accuse each other of illegal activities around Sandy Cay near the Spratly Isles, as joint US-Filipino military drills get under way in region

The Guardian - AU

Plans to stockpile critical minerals will help Australia weather global uncertainty – and encourage smaller miners

The world needs huge quantities of critical minerals to make batteries, electric vehicles, wind turbines, mobile phones, computers and advanced weaponry.

The Conversation

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The Independent UK

China shrugs off threat of US tariffs to economy, says it has tools to protect jobs

China's leaders have shrugged off the potential impact from U.S. President Donald Trump's trade war, saying they have the tools needed to protect jobs and limit damage from higher tariffs on Chinese exports

The Guardian - UK

UK banks brace for first-quarter reports after Trump tariff turmoil

Lenders expected to split into two camps: those focused on domestic customers and those with large operations in the US, China and the EU

The Independent UK

With China and the US at intense economic odds, nations are being forced to choose sides

One went to the United States

The Guardian - UK

Revealed: online campaign urged far right to attack China’s opponents in UK

Social media incitement following last summer’s riots appears to be new tactic against Hong Kong exiles

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International Business Times

Smart Driving New Front In China Car Wars Despite Fatal Crash

Intelligent driving features are the new battleground in China's merciless car market, with competition spurring brands to world-leading advances -- but a recent fatal crash has seen the government intervene to put the brakes on runaway enthusiasm.

The Independent UK

Trump claims trade negotiations are happening every day with China. No one in Beijing or Washington seems to know who is doing the talking

President says U.S. and China are talking, China denies it, and no one in the administration seems to know about it

The Guardian - US

US treasury secretary says ‘there is a path’ with China over tariff negotiations

‘The Chinese will see this high tariff level is unsustainable for their business,’ says Scott Bessent

Fortune

Nail salon employee pleads guilty after holding 13 remote IT jobs worked by developers in China

The man had no experience in IT, but he let overseas workers use his driver’s license and U.S. passport to get jobs in tech.

The Independent UK

China seizes control of disputed reef and plants national flag near Philippine military base

Chinese media says coastguard units entered remote sandbank, known in China as Tiexian Reef, ‘to exercise sovereignty’

Barchart

Used Tesla Prices Are Plunging. Is This the Final Nail in the Coffin for TSLA Stock?

Tesla’s resale collapse and China slump hint at deeper cracks in demand.

The Independent UK

China lowers minimum amount for tax refunds for tourists to boost spending

China has lowered the minimum amount tourists spend to get tax refunds as part of measures to boost consumption as its economy comes under pressure during a trade war between Beijing and Washington

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