The Latest Breaking News from China

December S&P 500 E-Mini futures (ESZ25) are up +0.42%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +0.57% this morning, pointing to further gains on Wall Street as strong tech earnings and easing U.S.-China trade tensions continued to buoy sentiment.

Alibaba Group Holding Ltd (NYSE:BABA) launched a 2 billion yuan ($281 million) investment on Friday to build a nationwide network of Taobao-branded convenience stores that will support its fast-growing instant commerce and on-demand delivery business, Taobao Shangou.

Talks expected to cover trade, energy, transport, agriculture, and advanced technology

Even as President Donald Trump said that the U.S. won’t share Nvidia Corp.‘s (NASDAQ:NVDA) “advanced” chips with China, Microsoft Corp. (NASDAQ:MSFT) CEO Satya Nadella has revealed that the primary bottleneck for AI growth is no longer the supply of GPUs but a lack of power and data center infrastructure.

President Donald Trump has aggressively defended his economic record, pointing to a surging stock market to counter concerns that inflation and high grocery prices are hurting everyday Americans.

Trump said the issue of the self-governed island did not come up in his recent talks with the Chinese president in South Korea

Taiwan is a self-governing island democracy that Beijing claims as part of its territory, and US officials have long been worried that China may use military action against it.

Exclusive: Leading professor at Sheffield Hallam was told to cease research on supply chains and forced labour in China after demands from authorities

BYD’s third-quarter profit plummets, Li Auto to recall over 11,000 MEGA EVs