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The Latest Breaking News from China

Nasdaq Futures Gain With All Eyes on Nvidia Earnings

December Nasdaq 100 E-Mini futures (NQZ25) are trending up +0.44% this morning, signaling a modest rebound from a bruising stretch of losses, while investors look ahead to an earnings report from AI darling Nvidia.

Barchart

Navy Secretary warns workers can make more at Amazon instead of building America’s warships: ‘It's hard to get that person to want to do that job’

The industry contributes $37.3 billion to GDP, but has been outshined by China in recent years.

Fortune

China doesn’t want to lead alone on climate policies, senior adviser warns

Exclusive: A top official in Beijing’s Cop delegation says China is committed to clean energy – but US’s absence is a problem

The Guardian - UK

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Chinese premier's visit to Zambia focuses on reviving a Cold War-era railway to help mineral access

Chinese Premier Li Qiang is making a two-day visit to the southern African nation of Zambia that will focus on the $1.4 billion refurbishment of a Cold War-era railway line to further improve China’s access to critical minerals

The Independent UK

China mega-embassy in London: Defence ministers raise concerns amid 'complex' security threats and spy storm

Beijing has threatened ‘consequences’ if the Government blocks the new diplomatic mission in Tower Hamlets

Evening Standard

Energy Insider: Chairman of China First Heavy Industries Arrested for Bribery

October exports of China’s ‘new three’ products jump, Beijing approves three cross-provincial power grid projects

Caixin Global

Watch out for online contact with Chinese spies, UK defence minister warns public

After MI5 issues China espionage alert to parliament, Luke Pollard says message should be heeded by all citizens

The Guardian - UK

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China Secretly Funnels Over $200 Billion Into Nearly 2,500 US Projects Despite Trump, Biden Crackdown

Chinese financial institutions have discreetly funneled over $200 billion into a multitude of projects in nearly every U.S. state over the last 25 years, a report by Virginia-based research lab AidData showed on Tuesday.

Benzinga

China leveraged India-Pakistan conflict to conduct ‘first real-world’ test of its weapons, US report finds

Pakistan claims to have shot down half a dozen of India’s French and Russian aircraft with Chinese weapons during May conflict

The Independent UK

China suspends seafood imports from Japan as Taiwan row escalates

Beijing reimposes 2023 ban, citing Japan PM’s comment that military would respond to Chinese attack on island

The Guardian - UK

UK Border Stops £500m Fake Goods Influx — Guess Which Countries Are Leading the Charge?

A UK report reveals a £500m haul of counterfeit goods from China, Hong Kong, and Turkey, with criminals shifting to high-value fakes that threaten consumers and brands alike.

International Business Times UK

Donald Trump Claims Only A Single US AI Law Can Stop China Surging Ahead

US President Donald Trump warns that only a single federal AI law can stop China from overtaking the USA in the global artificial intelligence race. What is his full AI Action Plan for America?

International Business Times UK

Younger customers are venturing back to real-world stores, says AS Watson CEO Malina Ngai: 'They want to be able to touch the product'

AS Watson, which is nearing its 185th annivesary, has almost 17,000 outlets in 31 markets, including mainland China, Malaysia, Turkey and even Ukraine.

Fortune

China's diesel trucks are shifting to electric. This could change global LNG and diesel demand.

China is rapidly replacing its aging diesel trucks with electric models, signaling a major shift in the world’s largest vehicle market

The Independent UK

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The Independent UK

China and Japan relations ‘on knife’s edge’ over Taiwan in first test for new PM Takaichi

Analysis: With relations between China and Japan plummeting to their worst level in decades, experts tell Arpan Rai it now falls to new PM Sanae Takaichi to navigate her way out of a potentially damaging crisis

Bangkok Post

491,000 Japan-bound air tickets cancelled as China warns people to avoid travel

Chinese airlines have recorded about 491,000 cancellations of tickets to Japan since Saturday after Beijing advised citizens to avoid travelling there amid a diplomatic spat, according to an aviation analyst.

The Independent UK

What to know about the F-35 fighter jet Trump just sold to Saudi Arabia

The F-35 fighter jet has been hailed as a technological leap and lamented as a military money pit

Latin Times

Latin America to Outpace Most Emerging Regions in Earnings Growth, Goldman Sachs Projects

The region is projected to post earnings-per-share growth of 8.4% annually ahead of Southeast Asia, China, emerging Europe and the Middle East and North Africa

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International Business Times UK

CIA Agent Warns: Ashley Tellis Is Either A 'Naive Fool' Or A Spy For China

US scholar Ashley J. Tellis faces charges for unlawfully retaining classified documents, while a tabloid's unverified claim that he was called a 'spy for China' draws scrutiny from officials and analysts.

PC Gamer

Anthropic reports the first 80-90% 'AI-orchestrated' cyber espionage campaign, but cybersecurity critics are sceptical

"Why do the models give these attackers what they want 90% of the time but the rest of us have to deal with asskissing, stonewalling and acid trips?"

Benzinga

Alibaba Launches Free 'Qwen' AI Assistant, Aiming To Be The 'Everything App' For Work And Life

Alibaba Group Holding Limited (NYSE:BABA) is making a stronger push into consumer artificial intelligence by launching a significant upgrade to its chatbot, aiming to catch up with rivals after falling behind in the fast-growing market. The company, which released a free mobile and web app in China based on its…

The Independent UK

Labour minister says China’s ‘covert and calculated’ spying won’t be tolerated - live updates

The Tories have pressed the Government to place China in the enhanced tier of the foreign influence registration scheme (Firs)

InsideEVs

BYD Is Speedrunning Its Takeover Of Europe

Today on Critical Materials: BYD will double its EU dealer network, Tesla squeezes China out of U.S. supply chain and Germans have a China problem.

Evening Standard

Reject China's plan for mega-embassy in London as its spies target Parliament, Tories urge ministers

MI5 is warning MPs, peers, Government officials, parliamentary staff, economists and others with links to Westminster that they may be targeted by Beijing

Euronews

MI5 spy agency warns Chinese agents are trying to recruit UK politicians on LinkedIn

The UK's domestic intelligence agency says China's security services are targeting lawmakers to “collect information and lay the groundwork for long-term relationships."

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