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The Latest Breaking News from China

China's factory activity contracts for 7th month, reflecting tariffs pressure on trade

China has reported its factory activity contracted for a seventh straight month in October, reflecting pressure from higher U.S. tariffs and sluggish domestic demand

The Independent UK

Bitcoin, Ethereum, Dogecoin, XRP Tumble As Crypto Liquidations Top $1 Billion: Top Analyst Says ETH Could Retrace Sharply Before Hitting $10,000

Leading cryptocurrencies tumbled alongside stocks on Thursday, as the U.S.-China trade truce failed to cheer investors.

Benzinga

Radio Free Asia suspends news operations amid cuts and US government shutdown

RFA will begin closing overseas bureaus, as well as laying off and paying severance to staff members, with the hope that it could return in the future

The Guardian - AU

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Raid on Chiang Mai luxury villa finds 20 Chinese scammers

Twenty Chinese people were arrested at a luxury pool villa in Chiang Mai on Thursday, suspected of operating scams targeting compatriots in China.

Bangkok Post

Tesla Cybercab Finally Lands in China: Robotaxi Debuts Just as Rival Xpeng Reveals Its Own AI

Tesla's Cybercab debuts in China at the Shanghai Expo, marking its first robotaxi rollout as rival Xpeng unveils new AI innovations ahead of its 2025 showcase.

International Business Times UK

APEC Unmasks A New Order: Trump And Xi Freeze The Fight, Not The Friction

The summit's host, South Korea, had hoped to use APEC to showcase regional collaboration on issues like clean energy and supply chain resilience. Instead, the gathering became a theater for global diplomacy.

International Business Times

Is Apple Stock a Ticking Bomb? $1.4 Billion Tariff Hammer on Siri 2026 Debut, China Revenue Recovery

Is Apple stock a ticking time bomb? A £1.12bn tariff, delayed 2026 Siri debut, and China revenue slump create a perfect storm for investors.

International Business Times UK

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‘Sometimes, you have to let them fight’: Without a peace prize in it for him, Trump is letting Ukraine fend for itself

When there's nothing in it for him, his true colors show.

We Got This Covered

Cotton Falls Back on Thursday

Cotton futures ended the Thursday session with contracts down 80 to 90 points across the front months. Crude oil futures were down 17 cents/barrel to $60.31, with the US dollar index back up $0.333 to $99.355. Following the meeting between President Trump and President Xi of China, President Trump posted...

Barchart

Soybeans Rally Extends to Thursday, as Traders Factor in Chinese Buying

Soybeans had a back and forth session centered around the China/US meeting on Wednesday night, as the front three contracts have a 40 cent or more range on Thursday. Contracts closed with 10 to 14 cent gains in the nearbys. The cmdtyView national average Cash Bean price was 13 3/4...

Barchart

Corn Falls on Thursday

Corn futures posted losses across most contracts on Thursday, with contracts down 2 to 4 cents across most months. The CmdtyView national average Cash Corn price was down 3 1/2 cents to $3.91. Following the meeting between President Trump and President Xi of China, President Trump posted that China is...

Barchart

Trump and Xi meet face-to-face for first time since 2019 trade war. Hours after, Trump reveals the deal no one saw coming

Soybeans solved everything, apparently.

We Got This Covered

Stocks Settle Lower as Megacap Technology Stocks Slide

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -0.99%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.47%. December E-mini S&P futures (ESZ25 ) fell -0.95%, and December E-mini Nasdaq futures...

Barchart

‘Stupidity is not contagious unless you’re a MAGA cultist’: Xi Jinping is visibly uncomfortable over Donald Trump’s ‘friendship’ claims

Donald Trump likes to think and tell everyone that he is close friends with all the leaders of the world. However, recent events suggest that this belief may be more of a delusion than a reality.

The Mary Sue

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AAP

Taiwan crisis could happen without Australia noticing

Australia is not well equipped at any level of government or industry to identify and respond to increasing tension between China and Taiwan, a report says.

Axios

Trump goes back to the future with China deal

We've been here before.

Benzinga

Trump And Xi Found A Trade Truce—But Wall Street Wanted More

Markets barely flinched after President Donald Trump's high-profile meeting with Chinese leader Xi Jinping in South Korea, as investors found little substance in the much-hyped U.S.-China trade truce that largely echoed prior leaks and delivered few surprises.

Barchart

Crude Prices Supported by Energy Demand Optimism

December WTI crude oil (CLZ25 ) on Thursday closed up +0.09 (+0.15%), and December RBOB gasoline (RBZ25 ) closed up +0.0019 (+0.10%). Crude oil and gasoline prices posted modest gains on Thursday. An easing of US-China trade tensions is supportive for economic growth prospects and energy demand after President Trump...

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The Independent UK

Deal between the US and China is undoing damage from a self-inflicted trade war

After months of posturing, arguing and threatening, U.S. President Donald Trump and Chinese leader Xi Jinping have essentially turned back the clock

The Independent UK

China's rare earth export delay offers US a chance to weaken Beijing's grip on the market

China’s promise to delay its newest restrictions on the export of the rare earths that are crucial to many high-tech products for one year as part of a trade agreement creates an opportunity for the U.S. and its allies

The Independent UK

Trade takeaways from Trump's meeting with Chinese leader Xi

U.S. President Donald Trump says he had an “amazing” meeting with China's top leader Xi Jinping that produced very important decisions

The Guardian - UK

The Guardian view on Trump and China: stepping back from the brink, but not solving problems

Editorial: Though the US president’s meeting with Xi Jinping appears to have staved off a global trade war, this is far from a win for Washington

The Independent UK

Mushroom clouds over Vegas? What Trump’s nuclear weapons tests could mean for America and the world

Trump’s command risks a global arms race while the Doomsday clock ticks closer than ever to midnight, experts say

The Guardian - UK

Britain would do well to remember where its power over China lies

It’s ridiculous for the government to splurge on defence while it slashes spending on its most valuable asset: culture, says Guardian columnist Simon Jenkins

Barchart

Corn Slipping Weaker on Thursday

Corn futures are pulling off the early session lows with contracts up 1 to 2 cents at midday. The CmdtyView national average Cash Corn price is down 1 3/4 cents to $3.93 3/4. Following the meeting between President Trump and President Xi of China, President Trump pisted that China is...

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