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The Latest Breaking News from China

Deutsche Bank, Santander and UBS profits rise amid market impact from Iran war

Three of Europe’s biggest banks delivered record or above-forecast profits on Wednesday. TotalEnergies posted strong earnings, while Mercedes-Benz turned more cautious as collapsing China sales and geopolitical uncertainty weighed on the outlook.

Euronews

US stops exports of tools to China’s number two chip maker — Hua Hong and Huali Microelectronics reportedly on the cusp of starting a 7-nm fab in Shanghai

Applied Materials, KLA, and Lam Research received letters from the U.S. Department of Commerce preventing them from shipping some of Hua Hong's orders for the latest chipmaking tools. These are reportedly being planned for use on the Chinese company's planned 7-nm fab in Shanghai.

Tom’s Hardware

State cybersecurity agencies around the world are advising extra care over home routers as they could be used in 'China-nexus' covert networks

Though at least one security company thinks there are more important measures to take than those CISA suggests.

PC Gamer

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Beijing clamps down on drones: Sales banned citywide from May 1

Beijing is banning the sale of all drones within city limits starting May 1

The Independent UK

Stock Index Futures Gain on Tech Boost Ahead of Fed Decision and Megacap Earnings

June S&P 500 E-Mini futures (ESM26) are up +0.14%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.27% this morning, buoyed by gains in technology stocks, while investors await the Federal Reserve’s interest rate decision, a Senate committee vote on a new Fed chairman, a slew of U.S. economic…

Barchart

Business Brief (April 29): China Vows to Drive ‘AI+’ Initiative

China grants zero-tariff treatment to African partners, BYD profit slumps

Caixin Global

Which European countries are attracting the world's top AI talent?

Europe is becoming a third market for AI talent as visa restrictions make it harder for tech workers to live and work in the United States, and as China produces fewer AI workers, a new study finds.

Euronews

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Rare earth mining is poisoning Mekong River tributaries, threatening 'the world's kitchen'

Toxic runoff from rare earth mines in Myanmar is contaminating rivers that flow into Thailand, threatening the Mekong River and its basin's fisheries and farmland

The Independent UK

Chinese EVs Can Now Project Entire Movies From Their Headlights

Huawei's latest EV party trick is a full-color projection from the headlight of a car. China's newest tech is just one way America's cars are falling behind.

InsideEVs

Trump Administration Moves To Replace Struck-Down Tariffs With New Import Tax System

The Trump administration has begun a new phase of trade enforcement efforts aimed at establishing longer-lasting import taxes after the Supreme Court ruled that its use of emergency powers to impose broad tariffs went beyond legal authority.

International Business Times

How China Stopped Meta's $2B+ Manus AI Deal — And What It Signals About AI Control

China's NDRC has blocked Meta's acquisition of Manus AI, citing concerns over technology transfer. The decision highlights China's regulatory stance on foreign investments in domestic AI assets.

International Business Times UK

German chancellor says the U.S. 'is being humiliated by the Iranian leadership' as allies go public with discontent

Thailand’s foreign minister told The Washington Post the country is looking to Russia and China as the country grapples with an energy shock from the Iran war.

Fortune

China announces CPU-only exascale supercomputer with 47,000 homemade processors, record 2 Exaflops of performance without GPUs — Lingshen super said to use Huawei Kunpeng servers and no foreign-made components

The system would pack 47,000 processors into 92 compute cabinets, making it the first exascale machine designed to reach that performance tier without GPU accelerators.

Tom’s Hardware

Investing in Rare Earth Elements: How the REXC ETF Bypasses China’s Dominance

China dominates the rare earth market, but this new ETF offers a way to invest in non-Chinese producers as global demand grows for tech, defense, and EVs.

MarketBeat

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Euronews

China hawks are gaining ground in the Commission. Will EU countries follow?

The European Commission's services are sizing up tools to counter Chinese rivals, including the Anti-Coercion Instrument. But despite mounting pressure from Beijing, the issue is still in its early stages — and EU member states remain divided.

MusicRadar

“China has a model called technological leapfrogging, where they tend to lag behind in one technological development so they can innovate on the next”: The revolutionary history of Chinese synths

This is the complete history of China’s synthesizer industry, from Cultural Revolution to globalisation

TechRadar

‘The future has arrived’: China’s power grid will soon be run by an army of humanoid robots and robot dogs as state announces $1 billion investment in 8,500 robo-helpers

The Chinese government spent $1 billion on AI-driven robots as a new report says the US’s power grid is struggling.

Barchart

Nasdaq Futures Plunge as AI Concerns Resurface, FOMC Meeting and Earnings in Focus

June Nasdaq 100 E-Mini futures (NQM26) are trending down -1.24% this morning as concerns resurfaced over whether the massive amounts of investment in AI will ultimately pay off.

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International Business Times UK

China Slams Door on Meta's $2 Billion Purchase of Chinese AI Startup Manus as AI Power Struggle Intensifies

China has blocked Meta's acquisition of AI startup Manus, marking a significant intervention in the global AI competition. The move underscores Beijing's efforts to control strategic technology.

The Independent UK

Trump to burden consumers with a fresh round of tariffs as Americans continue to struggle with the cost of living: report

Trump’s newest tariff push is sure to face more challenges in court but is likely to prove sturdier than the one the Supreme Court tossed out

Fortune

China’s decision to block the $2 billion Meta-Manus deal shows how far Washington and Beijing are drifting apart over AI

Both Washington and Beijing now seek to maintain control of strategic technologies and prevent them from leaking to the other.

Android Central

Importing a Chinese Phone? Here are six things you need to know

Want the latest camera flagship but don't want to shell out close to $2,000? You should consider getting the Chinese model of the phone instead.

The Independent UK

China hit by rare April floods forcing hundreds of residents to evacuate

More than 200 residents forced to flee southern Chinese city after heavy flooding

The Times of India

China drills 3413 metres through Antarctic ice to reach the hidden waters of Lake Qilin

China has achieved a major milestone in polar exploration, successfully drilling through 3,413 meters of Antarctic ice to reach the area above the Qilin Subglacial Lake. Conducted by the 42nd Antarctic expedition team on February 5, 2026, this feat surpasses the previous global record for hot-water drilling by nearly 900…

Caixin Global

Tech Brief (April 28): China Orders Reversal of Meta’s $2 Billion Manus Deal

Bona Film wins approval for China’s first AI movie in theaters, Robot Era raises over $200 million as humanoid robot race heats up

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