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The Latest Breaking News from China

US rare earth stocks surge, European markets see mixed start

Shares of US rare earth and critical mineral miners surged on Thursday as China announced further restrictions on its own exports. In Europe, trade was tentative in the opening on Friday.

Euronews

Singapore company allegedly helped China smuggle $2 billion worth of Nvidia AI processors, report claims — Nvidia denies that the accused has any China ties, but a U.S. investigation is underway

An investigation has uncovered that a Singapore-based firm with Chinese ties bought $2 billion worth of restricted Nvidia GPUs through Inspur's U.S. subsidiary to funnel them to Malaysia and Indonesia, where they were allegedly used by clients from China or resold to customers in the PRC.

Tom’s Hardware

UK must work with China but there are ‘security threats', admits Foreign Secretary

Yvette Cooper on Friday declined to say whether she has seen a dossier outlining China as a threat to Britain's national security

Evening Standard

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Trump Vows To Revive Soybean Trade With China Ahead Of Potential Talks With Xi Jinping: 'Going To See...More Opening Up'

President Donald Trump is gearing up to discuss soybeans and other trade issues with Chinese President Xi Jinping ahead of a potential in-person meeting later this month.

Benzinga

Weather tracker: South-east China swelters in summer-like heat

Inland areas have neared 40C, while in northern China a cold air mass clashed with warmth to produce heavy rain

The Guardian - UK

How Trump’s tariffs have made Halloween a horror for family-owned shops

One small business was forced to lay off one-fourth of its staff in May

The Independent UK

Chinese navy ships make a friendship visit to Cambodia as concerns over military links linger

Two Chinese warships have arrived on what China called a friendship and training visit to Cambodia, Beijing’s closest ally in Southeast Asia, at a time of some diplomatic disquiet

The Independent UK

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Former attorney general says Starmer could have prevented officials holding back China spy documents

The former home secretary, who was in charge of MI5 at the time, said she wanted the case prosecuted and was ‘deeply frustrated’ when it collapsed

The Independent UK

China Targets Nvidia's H20, RTX Pro 6000D Chips In Customs Crackdown As It Pushes To Cut Reliance On US Technology: Report

China has reportedly launched a sweeping customs crackdown on Nvidia Corporation's (NASDAQ:NVDA) AI chips.

Benzinga

North Korea's Kim Hails 'Cooperative' Ties With China

North Korea's leader Kim Jong Un hailed "friendly and cooperative" ties with China as he hosted Premier Li Qiang and other foreign dignitaries for celebrations marking 80 years under the ruling Workers' Party, state media reported Friday.

International Business Times

Foreign Office chief to visit China after collapse of high-profile espionage case

Exclusive: Oliver Robbins to visit China next week on ‘long-planned’ government business after collapse of trial of two men over spying charges

The Guardian - UK

Friday briefing: How a historic case accusing two men of spying for China dramatically fell apart

In today’s newsletter: For weeks, the precise reason the trial broke down remained opaque. Then, prosecutors said the government wouldn’t hand over the evidence

The Guardian - UK

Photos of open-pit coal mining in China

China is the world’s largest coal producer and consumer. In 2024, the country produced more than 470 million metric tons of coal, accounting for 52.6% of the world’s total.

The Independent UK

Taiwan's president pledges to accelerate the building of air defense system in face of China threat

Taiwan’s President Lai Ching-te has pledged to accelerate the building of a “T-Dome” air defense system in the face of the threat from China

The Independent UK

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Benzinga

Scott Bessent's $20 Billion Lifeline For Argentina A Bailout For 'His Hedge Fund Buddies,' Says Paul Krugman

Nobel Prize-winning economist, Paul Krugman has slammed U.S. Treasury Secretary Scott Bessent for the administration’s $20 billion aid package for Argentina, calling it a lifeline for his “hedge fund buddies,” rather than being a move that furthers in U.S. strategic interest.

The Independent UK

Afghanistan's Taliban foreign minister meeting with Indian counterpart for first time since takeover

The foreign minister of Taliban-ruled Afghanistan is meeting with his Indian counterpart in a first high-level diplomatic engagement with New Delhi since the group seized power in 2021 after two decades of U.S. military presence

Axios

China threatens access to supplies vital to the most important U.S. industries

China's expanded export controls are a fresh threat to an already fragile U.S.-China trade truce.

Evening Standard

Starmer’s team had access to ‘multiple’ papers showing China threat – Philp

The shadow home secretary claimed the Government could have handed the papers over to prosecutors, but they ‘chose not to’.

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International Business Times

Should You Hold, Sell or Buy HSBC Shares After the $12.4bn Announcement?

HSBC's plan to take Hang Seng Bank private has rattled markets, pausing share buybacks and dividing investors on whether to hold, sell or buy amid rising exposure to Asia and Hong Kong's uncertain outlook.

Benzinga

China Hands Trump The Next 'America First' Stock—USA Rare Earth Soars On Export Curbs

Something remarkable just happened in the global resource chessboard — and it could turn into President Donald Trump's next ‘America First’ trade. When Beijing tightened its grip on rare earth exports this week, it didn't just rattle global supply chains — it lit a fire under USA Rare Earth Inc…

International Business Times UK

Should You Hold, Sell or Buy HSBC Shares After the £10.2bn Announcement?

HSBC's £10.2 billion plan to take Hang Seng Bank private has rattled markets, pausing share buybacks and dividing investors on whether to hold, sell or buy amid rising exposure to Asia and Hong Kong's uncertain outlook.

Evening Standard

UK’s terror law watchdog ‘investigating’ after collapse of China spy case

Jonathan Hall KC said China was a ‘threat to national security’ and the public deserved a better explanation of what happened with the prosecution.

Benzinga

The Metals Company (TMC) Stock Soars To 52-Week Highs On China Tensions, US Policy Push

Shares of The Metals Company (NASDAQ:TMC) are rising Thursday afternoon, hitting a new 52-week high as investors flock to domestic rare earth and battery metal stocks. Here’s what you need to know.

The Independent UK

Ronnie O’Sullivan whitewashes Stephen Maguire as fine form continues in China

Maguire won a meagre 25 points in five frames.

Saving Advice

A Little Truth — And A Big China

David Kass at Americans for Tax Fairness: The government shutdown crisis was manufactured by Donald Trump and Republicans in Congress. They wrote and passed their “Big Ugly” tax...

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