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The Latest Breaking News from China

China vows to retaliate against Taiwan for blacklisting Huawei, SMIC from chip tech — "Such despicable acts are utterly contemptible" says China spokesperson

Taiwan's blacklisting of 601 Chinese firms, including Huawei and SMIC, over national security concerns have provoked fierce condemnation from Beijing, which threatened retaliatory measures.

Tom’s Hardware

Bipartisan bill seeks to ban Chinese AI from federal agencies, as U.S. vows to win the AI race

A bipartisan group of lawmakers on Wednesday vowed to keep Chinese artificial intelligence systems out of federal agencies while pledging to ensure the U.S. will prevail against China in the global AI competition

The Independent UK

Over 70% of Britons Believe US Threatens Global Peace, Citing Donald Trump's Influence

The latest BSA survey revealed that Britons who believe the US is a major threat to global peace are in an all-time high.

International Business Times UK

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China builds mosquito-sized spy drone

Mosquito drones can be used for ‘reconnaissance and special missions on the battlefield’, researchers say

The Independent UK

Nvidia Stock Soars Near Record High: What's Driving the Rally?

NVIDIA Corp (NASDAQ:NVDA) is continuing its remarkable run Wednesday, with shares climbing 2.6% to $151.74, near a new all-time high. The stock’s recent run completes a full recovery from a 17% drop in January, initially sparked by fears that China’s DeepSeek AI could challenge Nvidia’s market dominance.

Benzinga

Tesla Launches Robotaxi Service, Immediately Gets Attention From Feds

The National Highway Traffic Safety Administration is already looking into erratic Tesla Robotaxi driving. Plus: BYD is slowing down. Here's what it means.

InsideEVs

EU aims to create a ‘competitive’ single market for space services

The initiative comes as Europe risks further lagging behind global competitors such as the US and China. It would apply to EU and non-EU operators—excluding military activities—and it foresees support for small and medium-sized enterprises.

Euronews

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Xi Jinping to skip Brics summit in Brazil after India’s Modi offered state dinner

Chinese president has never missed a Brics summit before

The Independent UK

Watch: Lorry driver left dangling over edge of 700ft collapsed bridge after landslide

This is the moment a lorry driver was left dangling precariously over the edge of a 700ft bridge in China after heavy rain caused it collapse in a landslide.

The Independent UK

Blocking exports and raising tariffs is a bad defense against industrial cyber espionage, study shows

The United States is trying to decouple its economy from rivals like China. Efforts toward this include policymakers raising tariffs on Chinese goods, blocking exports of advanced technology and offering subsidies to boost American manufacturing. The goal is to reduce reliance on China for critical products in hopes that this…

The Conversation

Blacklisted Chinese GPU makers line up to file for IPOs as US sanctions and trade war take toll on AI hardware market

Amid rising demand for AI hardware in China and U.S. sanctions, China's GPU industry is rapidly expanding, with companies like Biren, Moore Threads, MetaX, and Zhaoxin pursuing IPOs to secure funding and strengthen their position.

Tom’s Hardware

Watch: Japan launches first missile test on home soil

Japan test-fired a missile on its own soil for the first time Wednesday (25 June), marking a significant step in its military expansion aimed at deterring regional threats, including China.

The Independent UK

After Iran, Is Taiwan Next? China Military, Russia Said To Combine Forces To Invade Asian Nation

NATO's Mark Rutte warns China and Russia could team up to invade Taiwan, escalating global tensions after Iran.

International Business Times UK

Trump says China 'can now continue to purchase oil from Iran'—but he hopes Beijing will buy U.S. crude instead

China currently buys around 90% of Iran’s oil exports.

Fortune

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Benzinga

BYD Scales Back Production Amid Profit Concerns, Rising Inventory in China

BYD Co Ltd (OTC:BYDDY) (OTC BYDDF), the Chinese electric vehicle (EV) leader, has reportedly cut back on production at its Chinese facilities due to concerns over profitability, slowing sales, and rising inventory levels.

Barchart

S&P Futures Tick Higher With Focus on Powell’s Testimony

September S&P 500 E-Mini futures (ESU25) are trending up +0.16% this morning, extending yesterday’s gains, while investors await further testimony from Federal Reserve Chair Jerome Powell for clues on the rate outlook.

Benzinga

From Cables To Vision Pro: How Luxshare Is Replacing Foxconn In Apple's Ecosystem

Consumer tech giant Apple Inc.’s (NASDAQ:AAPL) decades-long relationship with Taiwanese contract manufacturer Foxconn is undergoing a quiet but significant transition in recent months.

Euronews

Which countries will lose the most if tensions reignite around Iran?

Russia could benefit from an escalating situation in the Middle East, while China and Europe would see their economies suffer if the ceasefire between Iran and Israel fails to hold.

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The Guardian - UK

Eurostar passengers suffer ‘nightmare’ disruption after ‘cable theft’ disrupts services; Nasdaq 100 tech share index hits record high – as it happened

Disruption between St Pancras and Gare du Nord after theft of cables at Lille leave passengers stranded

The Independent UK

Scientists raise ‘urgent concerns’ over new bat viruses discovered in China

The Independent UK

Number of Brits who see US as a global threat doubles since Donald Trump came to power

President’s first few months in office have left fears about the US’ global role at an ‘all time high’ and rivalling China, Israel and North Korea

International Business Times

Over 80,000 People Flee Severe Flooding In Southwest China

Flooding in China's southwest has driven more than 80,000 people from their homes, state media said on Wednesday, as a collapsed bridge forced the dramatic rescue of a truck driver left dangling over the edge.

International Business Times

China's Premier Warns Global Trade Tensions 'Intensifying'

Chinese Premier Li Qiang warned on Wednesday that global trade tensions were "intensifying" as he addressed the opening ceremony of the World Economic Forum.

The Independent UK

Toy and game prices rise at the fastest rate on record as Trump’s tariffs on China hit industry hard

Experts say the figures give a gloomy indication of what’s to come for the toy industry

The Independent UK

Beijing, a longtime friend of Tehran, turns to cautious diplomacy in Iran's war with Israel

A longtime friend of Tehran, Beijing jumped into verbal action when Israel attacked Iran nearly two weeks ago

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