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The Latest Breaking News from China

Apple Beat Q2 Expectations, But AAPL Stock Faces Multiple Near-Term Headwinds

Concerns regarding future profitability due to tariffs, heightened competition from local brands in China, and high valuation could weigh on Apple stock.

Barchart

Stocks Climb on Possible US-China Trade Talks and a Resilient US Labor Market

The S&P 500 Index ($SPX ) (SPY ) today is up +1.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +1.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.15%. June E-mini S&P futures (ESM25 ) are up +0.99%, and June E-mini Nasdaq futures...

Barchart

Alien Enemies No More

Plus: Depriving the children of toys, a curbside rat feast, China wants to talk, and more...

Reason

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read the most diverse news in one place.

I Drove China's Advanced EVs. Now My Brain Is Broken

There's kind of a running joke at the InsideEVs office about Staff Writer Kevin Williams: he's been to China so many times, and driven so many of China's hyper-advanced electric vehicles, that he doesn't like anything we get offered stateside anymore.

InsideEVs

Trump Ally Turns on Tariffs: Billionaire Bill Ackman Urges a Pause Before It's Too Late

Pershing Square Capital Management CEO Bill Ackman called on Donald Trump to pause tariffs for a faster resolution to the escalating global trade war.

International Business Times UK

Trump's first 100 days: Tariffs war shakes trade and investment in Africa

During the first 100 days of his second term in office, US President Donald Trump has issued a series of executive orders that have unsettled the commodities market and prompted investors to hold off from making new investments in African economies.

Radio France Internationale

Nvidia's CEO says China is not far behind the U.S. in AI capabilities

Jensen Huang states that China is nearly on par with the U.S. in AI hardware development, as Huawei begins shipping its CloudMatrix 384 systems. However, Huawei's scale remains far behind Nvidia's projected AI compute deployments for 2025.

Tom’s Hardware

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Inside Washington's tech summit, Silicon Valley's elite gently make the case for skilled immigration to keep an edge in the AI arms race

At a gathering of policymakers and Silicon Valley executives, the need for the U.S. to maintain its “edge” by attracting the world’s best technologists was emphasized.

Fortune

Nvidia slams Anthropic for telling 'tall tales' after the AI lab claimed China is smuggling chips in 'prosthetic baby bumps'

Nvidia has publicly rebuked Anthropic after the AI lab called for tighter U.S. export controls on advanced AI chips to China.

Fortune

China says it is ‘evaluating’ US offer for talks on Trump tariffs

Beijing warns Washington that any attempt to use talks as pretext to engage in coercion and extortion won’t work

The Independent UK

CIA Deputy Director Hints Agency Uses Bitcoin, Crypto As 'Tools' Against China, Other Adversaries

The CIA is excited about how Bitcoin and crypto can be used to track U.S. adversaries' activities in order to disrupt them, CIA Deputy Director Michael Ellis said Thursday, highlighting $BTC's transition from a medium abused by bad actors and criminals to a defensive tool by U.S. intelligence.

International Business Times

TikTok fined £452m by EU authorities over data transfers to China

The video sharing app said it would appeal the decision.

Evening Standard

China ‘evaluating’ US offer to engage in trade negotiations

Comments come a week after Trump claimed talks were already taking place

The Guardian - UK

TikTok Fined 530 Mn Euros In EU Over China Data Transfer

TikTok was hit with a massive EU fine of 530 million euros ($600 million) Friday, accused of sending personal data of Europeans to China and failing to guarantee it was shielded from access by Chinese authorities.

International Business Times

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Fortune

Lutnick: 'I have a deal done, done, done, done' as China, Japan and India warm to trade talks

Green shoots are at last appearing in trade negotiations between the U.S. and major economic partners, after a frosty reception showed no signs of quick deals.

Fortune

Damn the torpedoes! Stocks go full speed ahead despite declining U.S. shipping and manufacturing data

Buying momentum continued in Asia and European stock markets today, and S&P futures were priced up this morning.

Fortune

Ryanair threatens to 'reassess' a $30 billion Boeing order after getting U.S. flak for considering China's COMAC jets

Ryanair CEO Michael O’Leary is the latest aviation chief executive to consider COMAC as an alternative to the Boeing-Airbus duopoly.

The Independent UK

3 Uyghurs who were detained in Thailand for over a decade have been resettled in Canada

Three Uyghur men who had spent over a decade in Thai detention were safely resettled in Canada in April, Thai lawmakers and activists confirmed, after 40 other Uyghurs were sent to China in February, drawing international condemnation

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Euronews

TikTok fined €530 million for unsecure data transfers to China

The Irish watchdog launched the probe in 2021: TikTok was already fined €345 million in 2023 for failing to protect children's privacy.

Euronews

US hopes of beating China in the humanoid robotics race may be dashed by Trump's tariffs

Elon Musk warned investors last week that China's countermeasures restricting shipments of rare earth magnets will delay Tesla's development of its Optimus humanoid robots.

Fortune

'Flood' of illicit vapes from China are now dominating the e-vape market, warns Altria

Altria is seeing a great deal of activity in the e-vapor market, but warned regulated products are being undercut by illicit imports.

Barchart

Stock Index Futures Gain on U.S.-China Trade Optimism, Jobs Report in Focus

June S&P 500 E-Mini futures (ESM25) are up +0.44%, and June Nasdaq 100 E-Mini futures (NQM25) are up +0.30% this morning as sentiment got a boost after China said it is assessing the possibility of trade talks with the U.S., with the focus now shifting to the key U.S. payrolls…

International Business Times UK

Apple's Tim Cook Raises Alarm Over £720m Q2 Tariff Threat

Apple's CEO flags a £720m tariff threat for Q2 2025, hinting at pricier iPhones or slimmer profits. Can Apple dodge this trade war bullet?

The Guardian - UK

Why is Trump ending the ‘de minimis’ tariff loophole on low-value imports?

Goods worth less than $800 will be subject to 120% levy meaning prices on Chinese exports will probably increase

The Guardian - AU

‘For a better life’: CIA releases videos to lure disgruntled CCP officials to spy on China

US intelligence agency videos target lowly officials who are trapped working for a wealthy corrupt elite and whose fate is ‘precarious’

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