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The Latest Breaking News from China

Global steel crisis deepens as oversupply reaches alarming levels, OECD warns

The global steel industry is facing a growing crisis as subsidised production and excess capacity continue to distort markets, according to the OECD. It says state-backed steel production, particularly in China, is increasing pressure on producers in Europe and other OECD economies.

Euronews

I Deliver Parcels in Beijing by Hu Anyan audiobook review – a grim life in China’s gig economy

This memoir of a man who moved around China chasing low-paid work for 20 years is an indictment of a shocking system, read in a suitably austere way

The Guardian - UK

Ray Dalio warns the stock market is approaching 1929 and 2000 bubble levels—but another crisis is 'past the point of no return'

The Bridgewater Associates founder compared the situation to "plaque in the circulatory system, squeezing out the flow of blood."

Fortune

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'A Heartless Act': China Blocks Families of Tiananmen Victims From Visiting Graves on 37th Anniversary

Chinese authorities have barred Tiananmen Mothers from visiting graves on the 37th anniversary of the 1989 crackdown, tightening restrictions on public remembrance.

International Business Times UK

Hong Kong wants to be a bridge between Central Asia and Chinese businesses

High-level Hong Kong delegation visited Kazakhstan and offered new partnership in several economy sectors including professional services for companies attempting to enter respective markets.

Euronews

TikTok Billionaire Zhang Yiming's Net Worth Soars Past Mukesh Ambani's — See Who Still Leads Asia

Zhang Yiming, co-founder of TikTok's parent ByteDance, becomes Asia's second-richest after a valuation boost to £69.1B. See how AI and strategic investments reshaped wealth rankings.

International Business Times UK

US Needs Trillions To Stay Ahead of China in AI Race — Blackrock CEO Points to Pensions and Retirement Savings

BlackRock's Larry Fink urges trillions in AI investment to keep US ahead, citing national security risks if China advances. His proposal to use retirement savings sparks social media uproar.

International Business Times UK

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Tiananmen 37 years on: China blocks families from visiting graves of victims, deepens crackdown on memory

China is intensifying its crackdown on any public remembrance of the 1989 Tiananmen Square events. Families of victims are being barred from visiting graves, and authorities are actively erasing the incident from public memory. This suppression escalates as Hong Kong also bans commemorations, while global reactions highlight ongoing censorship.

The Times of India

China, US clash over anniversary of Tiananmen crackdown

Beijing has condemned as "smears" US Secretary of State Marco Rubio's comments on the Tiananmen Square clampdown, as people outside China mark the anniversary.

AAP

Europe is caught in a squeeze between the US and China

The European Union (EU), along with the other major countries in Europe, should be a geopolitical force to be reckoned with. In 2024, the EU was the second-largest economy in the world after the US and before China.

The Conversation

Sister villages embrace for poverty fight

LUANG PRABANG, Laos, June 4, 2026 /PRNewswire/ -- A report from Chinadaily.com.cnTo mark the fifth anniversary of China eradicating absolute poverty, China Daily is publishing a series of stories on how the country's poverty alleviation experience has not only helped the country wipeout severe deprivation, but has also taken root…

AAP

Innovative Drug Update | Kexing Biopharm Enrolls First Subject in China-based Phase I Clinical Trial of Ophthalmic Innovative Drug GB10

SHENZHEN, China, June 4, 2026 /PRNewswire/ -- Recently, the first subject was enrolled and dosed in the Phase I clinical trial in China for GB10 Injection, an innovative ophthalmic drug independently developed by Shenzhen Kexing Pharmaceutical Co., Ltd. ("Shenzhen Kexing"), a wholly-owned subsidiary of Kexing Biopharm. Designed to treat neovascular…

AAP

Can Europe Catch Up To The US And China In AI? New EU Plan Seeks Answers

The European Union has launched a major initiative aimed at strengthening its domestic technology industry and reducing reliance on foreign suppliers.

International Business Times

India men face Pakistan, women take on China in U-18 Asia Cup semis

India's U-18 men's hockey team faces Pakistan in a crucial semifinal. The team aims to improve its penalty corner attack and defense. Meanwhile, the women's team continues its strong performance against China. They have been dominant throughout the tournament. The girls are fit and coordinate well. They will fight hard…

The Economic Times

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The Times of India

Chinese spies posing as job recruiters to target Western officials, Five Eyes warns

Chinese intelligence operatives are reportedly using fake job offers on professional platforms to ensnare government and military personnel. The Five Eyes alliance warns these tactics aim to extract sensitive information, with targets pressured to provide confidential details for financial rewards. Western nations urge vigilance against these sophisticated espionage efforts.

The Economic Times

Satellite images show suspected structure at disputed South China Sea atoll, but later gone

Satellite images revealed a structure at Scarborough Shoal's entrance last week. Later images suggest it has disappeared. The Philippines is investigating the reports. China has controlled the shoal since 2012. This disputed area sees frequent clashes. China and US forces recently conducted maritime exercises nearby. The shoal is vital for…

The Independent UK

Chinese celebrity border collie with 1.5m followers ‘stolen’ and sold for $27 to dog meat restaurant

Chutou reportedly disappeared on 11 May while Guo was travelling abroad

Euronews

Remy Cointreau posts 35% profit drop, shares jump on recovery hopes

French drinks group Remy Cointreau reported a 35% drop in full-year net profit on Thursday as tariffs slammed sales in its key China and US markets. Despite this, shares soared more than 10% on Thursday morning.

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The Economic Times

ET Alpha Wealth Summit: India could unlock a $5 trillion export opportunity through FTAs, says Saurabh Mukherjea

He believes a combination of free trade agreements (FTAs), a weakening rupee, and shifting global supply chains could create a massive opportunity for Indian exporters over the coming decade.

AAP

GAC Posts 140% Export Growth in May, Advancing Its Vision of Sustainable Global Mobility

GUANGZHOU, China, June 4, 2026 /PRNewswire/ -- GAC today announced another month of accelerating global momentum, with proprietary brand exports reaching 28,386 units in May, a 140% year-on-year increase. Cumulative exports from January to May reached 98,861 units, up 135% year-on-year, reflecting the sustained impact of the "One GAC 2.0"…

Euronews

Revealed: The most beautiful restaurants in Europe for 2026

The Prix Versailles architecture and design awards have revealed the World’s Most Beautiful Restaurants for 2026. Five European venues made the prestigious list, celebrating restaurants where striking interiors are every bit as memorable as the food.

The Economic Times

India fights a familiar fear even as it keenly watches new US tariff move

India 12.5% new tariff: Indian exporters are watching US tariff reviews closely, hoping that trade talks will protect their market share. A uniform tariff could hurt India's advantage as buyers shift from China. India's strong labour laws are expected to help in negotiations.

Euronews

Safer grids, higher bills? EU's Chinese solar inverter ban reshapes renewable energy

Brussels moves to ban EU funding for clean energy projects that use solar and battery inverters from “high-risk countries”, namely China. Now, manufacturers must rely on European alternatives, which risks increasing European energy bills and production costs.

The Economic Times

Taiwan beefs up anti-ship missile arsenal to counter threat of Chinese invasion

Taiwan is boosting its missile power to over 1,800 by 2029. This move aims to deter a potential Chinese invasion or blockade. The island is adopting an asymmetric strategy, using numerous affordable yet potent weapons. This includes missiles and drones to counter China's military might. Taiwan seeks to build a…

The Economic Times

China’s Tiananmen crackdown: A timeline of 1989 events

Thirty-seven years ago, China's military violently ended pro-democracy protests in Beijing's Tiananmen Square. The government has never released a full death toll, with estimates ranging into the thousands. This event, marked by student-led demonstrations and a government crackdown, remains a sensitive topic in China. Landmark dates leading up to the…

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