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The Latest Breaking News from China

The U.S. created over 1,000 new millionaires per day in 2024

Mainland China added roughly 380 new millionaires per day, according to the UBS Global Wealth Report.

Fortune

Nvidia's Jensen Huang: China Doesn't Need US Chips

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang said that the Chinese military is not using his company's chips due to export controls and tensions between the U.S. and China.

Benzinga

How High Can Nvidia Stock Go as Jensen Huang Heads to China?

Nvidia hit record highs last week, and the company’s market cap surpassed $4 trillion. The stock has room to run higher if Nvidia can get concessions on chip exports to China.

Barchart

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Jensen Huang says China's military will avoid U.S. AI tech — 'they don’t need Nvidia’s chips or American tech stacks in order to build their military'

Jensen Huang said in an interview that we don't have to worry about the Chinese military using advanced American AI tech to develop its own capabilities.

Tom’s Hardware

What The ID. Buzz Flop Says About VW’s Long-Running U.S. Problem

The ID. Buzz was supposed to be a comeback machine, but Volkswagen's usual problems got in the way. Plus: Nissan and Honda are still teaming up on software.

InsideEVs

Nvidia CEO Jensen Huang says 'we don't have to worry' about the Chinese military using US chips to improve their capabilities because 'they simply can't rely on it'

'They don't need Nvidia's chips, certainly, or American tech stacks, in order to build their military.'

PC Gamer

AI job losses will come "if the world runs out of ideas”, Nvidia CEO warns

Fresh ideas are needed to protect the workforce from AI fuelled unemployment, Jensen Huang says.

TechRadar

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Hallow App Controversy: Why Some Users Call It a 'Money Grab'—And Why It's Banned in Some Countries

The Hallow app, a popular Christian prayer and meditation guide, faces bans in China due to 'illegal' content and potential EU restrictions over data privacy.

International Business Times UK

China doesn’t need NVIDIA chips for military power, CEO says

NVIDIA CEO Jensen Huang says China doesn’t need to use the American tech stack or his company’s semiconductor chips to train AI for its military.

Euronews

Germany wants Google and Apple to ban China's "illegal" DeepSeek AI — after it failed to comply with data protection laws

Germany's data protection commissioner has reported DeepSeek AI to Google and Apple as "illegal content" in a move that could lead to a ban.

Windows Central

Stocks Set to Open Lower as Trump Ratchets Up Tariff Threats, U.S. Inflation Data and Big Bank Earnings Awaited

September S&P 500 E-Mini futures (ESU25) are down -0.29%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.30% this morning, pointing to a lower open on Wall Street after U.S. President Donald Trump escalated his trade war.

Barchart

Alibaba Bleeds Billions As Delivery Price War Erases $100 Billion In Market Value

Alibaba Group Holding (NYSE:BABA) matched its record of 80 million on-demand deliveries on Saturday, intensifying its competition with Meituan (OTC:MPNGF) (OTC:MPNGY) and JD.com (NASDAQ:JD) in China’s high-stakes quick-delivery market.

Benzinga

OCBC’s next CEO shows the Singaporean bank is still betting on ASEAN-China ties for growth

OCBC’s CEO-to-be comes with a wealth of China experience, including a five-year stint leading DBS’s institutional banking business in China.

Fortune

Cleaner air in east Asia may have driven recent acceleration in global warming, our new study indicates

Global warming has picked up pace since around 2010, leading to the recent string of record warm years. Why this is happening is still unclear, and among the biggest questions in climate science today. Our new study reveals that reductions in air pollution – particularly in China and east Asia…

The Conversation

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International Business Times

EU Climate VP Seeks 'Fair Competition' With China On Green Energy

The European Union is seeking "fair competition" with China and not a race to the bottom in wages and environmental standards, the bloc's vice president for the clean transition told AFP on Monday.

Euronews

China’s exports beat expectations with US trade agreement now secured

Exports to the US remained in negative territory in June although the decline was softer than in May. There was an annual rise in exports sent to other nations as China seeks to diversify its trade.

The Independent UK

China's exports jump 5.8% in June as tariffs reprieve prompts a rush of orders

China has reported its exports accelerated in June as a reprieve on U.S. tariffs prompted a rush of orders by companies and consumers

International Business Times

China Exports Beat Forecasts In June After US Tariff Truce

China's exports rose more than expected in June, official data showed Monday, after Washington and Beijing agreed a tentative deal to lower swingeing tariffs on each other.

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International Business Times

'Las Vegas In Laos': The Riverside City Awash With Crime

Rising from the muddy fields on the Mekong riverbank in Laos, a lotus tops a casino in a sprawling city which analysts decry as a centre for cybercrime.

The Conversation

Washington’s war demands – Australia right to refuse committing to a hypothetical conflict with China over Taiwan

The United States can count on Australia as one of its closest allies.

The Guardian - AU

Caught in the contest between China and the west, the Cook Islands asks where its future lies

After the Pacific nation struck deals with Beijing, New Zealand abruptly cut off millions of dollars in critical aid and funding

AAP

Political tensions muddy PM's Chinese green steel push

Efforts to end Chinese ownership of an Australian port highlight challenges to the prime minister's ambition to grow business ties between the two nations.

AAP

Military might on show as defence questions swirl

Troops from around the world are taking part in military drills in Australia coast as the US pressures its allies for plans should a real war break out.

Euronews

Greenland is one of the new frontiers for global race to secure critical minerals

European countries and the US are ramping up efforts to reduce reliance on China for these resources.

Benzinga

Poll: Trump's Trade Policies Stir Doubts Among Supporters

A new poll indicates that President Donald Trump‘s contentious trade policies are causing apprehension among his own supporters, potentially influencing Republican backing in the run-up to 2026.

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