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The Latest Breaking News from China

India Becomes Top US Smartphone Exporter As Trade War Pressures Drive Supply Chain Shift From China

India has emerged as the leading smartphone supplier to the United States for the first time, capturing 44% of U.S. smartphone imports in the second quarter of 2025 as manufacturers accelerate production shifts away from China amid escalating trade tensions.

Benzinga

China forms AI alliances to cut U.S. tech reliance — Huawei among companies seeking to create unified tech stack with domestic-powered standardization

Chinese AI hardware and software developers form alliances to develop AI standards to compete against American AI technologies and deploy AI across a broad set of applications.

Tom’s Hardware

Ping An wants to turn China's demographic crisis into an opportunity to showcase a ‘silver future’

The population in China is getting older—and wealthier, better educated, and more skilled. The company sees it as a business opportunity.

Fortune

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BYD is already beating Tesla. Its new Europe playbook shows why it’s poised to dominate the EV race

A new factory in Hungary will help the Chinese automaker take on auto giants like Volkswagen on their home turf.

Fortune

Apple To Shut Down China Retail Store For First Time Ever, Citing Shifting Mall Landscape Amid Consumer Slowdown

Apple Inc. (NASDAQ:AAPL) will close one of its retail locations in China next month, marking the first store closure in the country since the tech giant entered the market in 2008.

Benzinga

Top Chinese, US trade officials huddle in Sweden for second day of thorny talks over tariffs

Chinese and U.S. trade officials were heading into a second day of meetings in the Swedish capital Tuesday to try to break a logjam over tariffs that have skewed the pivotal commercial ties between the world’s two largest economies

The Independent UK

Many students in China are choosing to learn AI mostly out of ‘guilt or shame,’ not because they enjoy it, study finds

Students in China may fear “losing face” around peers, with the rejection of AI learning seen potentially as a sign they are inferior or lagging behind.

Fortune

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IMF warns on risks to global economy amid tariff trade shock – as it happened

Live, rolling coverage of business, economics and financial markets as economists say ‘risks to the global economy remain firmly to the downside’ amid Donald Trump’s trade war

The Guardian - UK

Nancy Pelosi Slams Trump For Blocking Taiwan Leader's NYC Visit—Says US Looks 'Bullied By Beijing,' Calls It A Win For Xi Jinping Amid Trade Talks

Former House Speaker Nancy Pelosi criticized President Donald Trump‘s decision to deny Taiwan President Lai Ching-te permission to visit New York, calling it a dangerous signal that America “can be bullied by Beijing into silence on Taiwan.”

Benzinga

EB-3 Visa processing times and priority date movements in 2025

One of the most coveted employment-based immigration options for skilled workers, foreign professionals, and other eligible workers from around the world is the EB-3 Visaprogram to obtain permanent residency in the US. Are you also one of the prospects? If yes, this piece might be of interest.

inkl

US stopover by Taiwan’s president cancelled; Trump mulls China trip: Report

US President Donald Trump reportedly opposed a stopover in New York by Taiwan’s president, says considers China trip.

Al Jazeera

Trump denies seeking summit with Xi, says he ‘may’ visit China

US president says he will visit China only at the invitation of Chinese leader.

Al Jazeera

Nvidia Orders Another 300,000 H20 Chips From TSMC As Soaring China Demand Reverses US Export Setback: Report

Nvidia Corporation (NASDAQ:NVDA) has reportedly ordered 300,000 additional H20 AI chips from Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) due to unexpectedly strong demand in China.

Benzinga

China floods: more than 30 killed in Beijing and tens of thousands evacuated

Authorities relocated 80,000 residents from China’s capital after registering rainfall of up to 543mm in some districts

The Guardian - AU

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The Independent UK

Asian shares mostly slip as focus shifts to US talks with China

Asian shares are mostly lower as some of the euphoria fizzles out over a tariff deal with Japan as proposed recently by President Donald Trump

The Guardian - AU

Labubu underground: Lafufu makers defy Chinese authorities to feed the world’s appetite for viral doll

The ‘ugly-cute’ elf sold by Chinese company Pop Mart has become a sensation and the authorities are aggressively cracking down on fakes – pushing production into the shadows

Al Jazeera

As Trump’s August 1 deadline looms, tariffs are here to stay, experts say

Trump’s protectionist moves likely to keep pushing countries to lessen their reliance on the US, analysts say.

International Business Times

Heavy Rains Leave 30 Dead In Chinese Capital

Heavy rains in the Chinese capital Beijing have killed 30 people and prompted authorities to evacuate 80,000, state media said Tuesday.

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Benzinga

Trump-Xi Meeting On Horizon As US-China Hold Marathon 5-Hour Trade Talks In Stockholm

Top economic officials from the United States and China met in Stockholm on Monday to discuss extending the trade truce between the two nations. This meeting is crucial as it aims to resolve ongoing economic disputes that have been central to the trade war between these global economic powerhouses.

Fortune

Enterprise Products: Trump “weaponizing” ethane exports to China backfires against U.S.

About half of all ethane exports go to China to feed its petrochemical manufacturing industry.

Barchart

Dollar Rallies as Euro Slumps on the EU-US Trade Deal

The dollar index (DXY00 ) on Monday rose sharply by +1.03% to a 1-week high. The dollar rallied Monday as global trade tensions eased following the EU and US agreeing to a trade deal, and reports that China and the US are set to extend their trade truce by another...

AAP

Matildas to face South Korea in Asian Cup group stage

Hosts Australia have been grouped with continental heavyweights South Korea in the 2026 Women's Asian Cup.

MarketBeat

Taiwan Semiconductor Could Boom on This AI Action Plan

The new AI Action Plan rolled out in the United States could act as a major tailwind in the world of chipmakers like Taiwan Semiconductor Manufacturing.

International Business Times UK

US and China to Clash in Sweden: Will Trade Truce Survive Beyond August?

US and China negotiate in Stockholm on 28 July 2025 to extend tariff truce, addressing fentanyl tariffs and rare earths, with global trade at stake.

Euronews

At least 30 killed and several missing as heavy rains and floods lash northern China

Beijing authorities said they would launch a top-level emergency response at 8 pm on Monday, ordering people to stay inside, closing schools, suspending construction work and stopping outdoor tourism and other activities until the response is lifted.

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