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The Latest Breaking News from China

Xi-Trump summit may yield farm deal, but China has limited soybean appetite

Market watchers anticipate a farm deal at the upcoming U.S.-China summit, potentially expanding Beijing's purchases of grains and meat. However, significant new soybean purchases beyond last October's agreement are unlikely due to weak demand and cheaper alternatives. The focus is on potential deals for corn, sorghum, milling wheat, beef, and…

The Economic Times

Stung by Iran war, Trump heads to China in need of wins

President Trump visits China with reduced trade goals. His earlier tariff strategy has not yielded expected results. The meetings will focus on limited trade agreements and managing future trade relations. China seeks assurances on Taiwan and trade policies. The outcome is expected to be a temporary truce favoring China.

The Economic Times

Oil Price Today (May 12): Crude oil at $105 as Donald Trump says peace talks on ‘life support’. What are experts saying?

Oil prices rose for a second day as uncertainty surrounding U.S.-Iran conflict resolution kept global crude supply concerns high. President Trump indicated ceasefire talks are struggling, while the U.S. plans to release oil from its reserves. Market attention now shifts to Trump's China visit, with hopes of leveraging influence for…

The Economic Times

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Dollar steady as Middle East peace hopes recede

Middle East conflict fears are keeping the U.S. dollar steady as oil prices climb. Investors worry about renewed hostilities and their impact on inflation, potentially delaying interest rate cuts. While diplomatic efforts show little progress, markets remain cautious, awaiting key U.S. inflation data and President Trump's China visit.

The Economic Times

House lawmakers introducing bill to toughen US ban on Chinese vehicles

U.S. lawmakers are introducing legislation to strengthen the ban on Chinese automakers entering the American market, building on a Biden administration regulation. This move, citing national security and data privacy concerns, aims to prevent Chinese vehicles with advanced connectivity and software from being sold in the U.S.

The Economic Times

Gold rises with US–China talks, MidEast conflict in focus

Gold prices climbed as investors awaited crucial meetings between U.S. President Trump and Chinese President Xi Jinping, while also monitoring the fragile ceasefire negotiations with Iran. Market participants are also anticipating U.S. CPI data to gauge the Federal Reserve's future interest rate decisions.

The Economic Times

Trump's China visit: US President eyes 'great things' for both countries — what's on agenda

US President Trump expressed optimism for his upcoming visit to China and meeting with President Xi Jinping, anticipating positive outcomes for both nations. Accompanied by prominent business leaders, Trump aims to discuss trade, Iran, tariffs, and AI, seeking to strengthen US economic and national security interests.

The Times of India

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Frustrated Trump learns he doesn't have the cards on Iran

President Trump faces challenges with Iran. His approach has not yielded desired results. The conflict has impacted global oil prices. Americans are concerned about rising costs. Trump's upcoming trip to China occurs during this difficult period. Experts suggest his leverage is diminished. The situation highlights the complexities of international relations…

The Economic Times

Mayor of California city resigns over charges of being a foreign agent of China

Eileen Wang, 58, mayor of Arcadia, agreed to plead guilty over the felony count brought by the US justice department

The Guardian - US

US issues new sanctions over Iran's oil shipments to China

The U.S. has imposed sanctions on three individuals and nine companies, including entities in Hong Kong and the UAE, for facilitating Iran's oil shipments to China. This move aims to disrupt funding for Iran's Islamic Revolutionary Guard Corps and its weapons programs. The sanctions follow previous actions and precede a…

The Economic Times

Former California mayor secretly worked for China? Ex-Arcadia mayor Eileen Wang pleads guilty in propaganda case tied to Beijing

Eileen Wang: Former Arcadia Mayor Eileen Wang has pleaded guilty to acting as an illegal foreign agent for the Chinese government. She secretly worked with Chinese officials between 2020 and 2022, using a website called "U.S. News Center" to spread propaganda and promote China's messaging.

The Economic Times

Trump and Xi dialed down the trade war, but challenges lurk at their China summit

President Donald Trump claims America is profiting from trade with China despite tensions over rare earth minerals, tariffs and emerging technologies like AI

The Independent UK

The big questions hanging over the Trump-Xi meeting in China

Taiwan, tariffs and the strait of Hormuz are on the meeting’s agenda for Beijing – but will the US president be forced to ask for help in ending his war with Iran?

The Guardian - UK

Iran war quagmire threatens to leave Trump with little from China trip besides ballroom envy

ANALYSIS: The president’s visit with Xi Jinping was meant to be a moment of triumph, writes Andrew Feinberg, but it will instead present an optics nightmare amid rising prices due to his unilateral military action

The Independent UK

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Latin Times

Who Is Going With Trump To China And What He Wants From Xi

President Donald Trump is heading to China this week with a smaller-than-expected group of U.S. corporate executives, hoping to turn a tense summit with Chinese President Xi Jinping into a show of economic strength, trade progress, and diplomatic control at a moment when Beijing may have more leverage than Washington…

The Economic Times

Is China's 'Nostradamus' right? Is a global depression and an escalation in the Strait of Hormuz looming? Here's what happened during the heated Piers Morgan debate

China's 'Nostradamus,' Professor Xueqin Jiang, warns of an impending global depression, a process he believes could span decades. He also highlighted China's unexpected diplomatic role in securing a ceasefire in the Strait of Hormuz, attributing the ongoing tensions to perceived US unreasonableness in negotiations with Iran. The situation carries potentially…

The Conversation

Trump-Xi summit will be no ‘Nixon in China’ moment – that they are talking is enough for now

Meetings between Chinese and American leaders are not exactly routine, but few are historically groundbreaking.

International Business Times

Trump Reportedly Invites Elon Musk, Tim Cook, Other CEOs To China Trip

President Donald Trump has invited several CEOs, including Elon Musk and Tim Cook, to his upcoming trip to China, according to a new report.

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The Economic Times

Elon Musk, Apple's Tim Cook to head to China with Trump: White House

Top US executives, including Tesla's Elon Musk and Apple's Tim Cook, will accompany US President Donald Trump on his visit to China this week, a White House official said Monday. According to a list shared by a White House official, speaking on condition of anonymity, Musk and Cook will be…

We Got This Covered

‘LIES, LIES, LIES’: Trump called out a Fox News anchor by name for not pushing back hard enough on a Democrat

Even Trump’s favorite network isn’t safe from his wrath.

Space

China's Tianzhou 10 freighter delivers 7 tons of cargo to Tiangong space station

The Tianzhou 10 freighter delivered nearly seven tons of supplies to China's Tiangong space station early Monday morning (May 10), about five hours after launching atop a Long March 7 rocket.

Fortune

Forget U.S. debt, China’s total borrowing is in 'a league of its own'—much worse and deteriorating faster, analyst says

China’s total debt across the public and private sectors is now 300% of GDP.

MarketBeat

adidas Touts Turnaround at AGM as Profit Jumps, World Cup Push Builds

adidas (ETR:ADS) executives told shareholders at the company’s annual general meeting that the sportswear group’s turnaround gained momentum in 2025, supported by broad-based sales growth, stronger profitability and renewed brand visibility across sports and lifestyle categories. Chief Executive Of

The Conversation

The missing link in America’s critical minerals push isn’t mining – it’s processing expertise

The United States is spending billions of dollars to secure access to critical minerals – minerals and metals that are essential to modern technology, from electric vehicles to smartphones and military systems.

The Independent UK

China’s passenger car exports surge nearly 85% in April as domestic sales slump

China’s exports of passenger cars have surged in April, according to an industry group

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