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The Latest Breaking News from China

Australian shares edge higher for sixth day of gains

An early sell-off wasn't enough to derail a multi-day streak for Australian equities, which are in the green for a sixth session in a row.

AAP

The global costs of the US-China tariff war are mounting. And the worst may be yet to come

The United States and China remain in a standoff in their tariff war. Neither side appears willing to budge.

The Conversation

Taiwan confident of US support under Trump, minister says

In interview, Taiwan’s minister of mainland affairs says Chinese President Xi is stoking ‘fanatic nationalism’.

Al Jazeera

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Nvidia asks US government to ease AI GPU export rules, but Trump administration plans tighter controls

Nvidia CEO Jensen Huang is calling for the Trump administration to relax AI GPU export restrictions to support U.S. industry, but the administration is instead considering stricter controls to use chip access as leverage in trade negotiations.

Tom’s Hardware

An architect of Trump’s tariff policy doesn’t see ‘immediate change’ to China tariffs

Chair of the Council of Economic Advisers Stephen Miran said tariffs on China would remain in place.

Fortune

Weak Stocks Boost Liquidity Demand for the Dollar

The dollar index (DXY00 ) Wednesday rose by +0.24%. Wednesday’s stock slump boosted liquidity demand for the dollar. Also, Wednesday’s news that showed the Q1 core PCE price index rose more than expected is hawkish for Fed policy and dollar supportive. The dollar fell back from its best levels on...

Barchart

India's moment: Navigating a world torn by U.S.-China rivalry

It’s a high-wire act, but India is uniquely suited to pull it off—and companies like Apple have noticed.

Fortune

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Should You Buy, Sell, or Hold Nio Stock Amid Firefly Brand Launch?

As Nio launches its first EV model under its Firefly brand in China, is the stock a buy, sell, or hold now?

Barchart

Crude Prices Plunge on Reports Saudi Arabia Can Sustain a Period of Low Oil Prices

June WTI crude oil (CLM25 ) Wednesday closed down -2.21 (-3.66%), and June RBOB gasoline (RBM25 ) closed down -0.0393 (-1.91%). Crude oil and gasoline prices on Wednesday extended this week’s sharp losses, with crude sinking to a 3-week low and gasoline tumbling to a 2-week low. Concerns about global...

Barchart

Believe It or Not, China Built a New Twin-Turbo V-8

Much has been said this past week about all the electric vehicles debuting at Auto Shanghai in China. The region definitely loves EVs, but internal combustion power isn't dead yet. In fact, Great Wall Motors (GWM) pulled the covers off a new engine. And it's not some small three-cylinder econo-mill.…

Motor1

How Blair has changed the agenda for Labour on climate change

THE INDEPENDENT VIEW: Editorial: The former prime minister’s intervention in the Labour government’s net zero approach has provoked heated argument – and rightly so. These are important, transcendent matters and have to be right – for the sake of the future of the planet and the living standards of people…

The Independent UK

Tariffs threaten a pharmaceuticals shortage, as 95% of ibuprofen comes from China

Apollo chief economist Torsten Sløk predicted “empty shelves” in the next few weeks as a result of tariff-induced supply chain disruptions.

Fortune

OnePlus 13T's availability could be as compact as the phone

OnePlus confirms that its compact 13T will not be available in Europe or North America, limiting its release to China and India.

Android Central

This ‘Strong Buy’ Robotaxi Stock Just Got a Huge Bump. Should You Buy Shares Now?

With a “Strong Buy” rating from Wall Street analysts and predicted 100% upside, Pony.ai is gaining attention as a promising investment opportunity in the autonomous vehicle industry.

Barchart

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The Independent UK

It’s not just Greenland: Inside the fight the U.S. faces to keep a tiny Pacific island out of China’s grasp

Palau has close ties with the U.S. but China is reportedly looking to change that with campaign of influence, James Liddell reports

TechRadar

Data centers in China are dumping rare 48GB Nvidia RTX 4090D GPUs for nearly $6,000, but the exact reason remains a mystery

Data centers in China are selling off rare 48GB Nvidia RTX 4090D GPUs for nearly $6,000.

The Conversation

China has identified how to fight back against Trump’s tariffs, and is not ready to back down

US ports are now starting to see scheduled shipments from China decline as the result of Donald Trump’s 145% tariffs on Chinese goods. The port of Los Angeles, the biggest port for Chinese goods in the US, is predicting scheduled shipments in early May to be about a third lower…

The Conversation

China is reshaping central Asia’s energy sector as Russian influence fades

China has been developing closer ties with countries in central Asia over recent years. Trade between China and the central Asia region grew to US$89 billion (£69 billion) in 2023, an increase of 27% on the previous year. Chinese trade rose with every country there except Turkmenistan.

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Al Jazeera

Trump-Amazon spat: What happened and how much US consumers import online

The White House criticised Amazon after a report said it planned to inform customers how much tariffs will cost them.

Evening Standard

Five key moments from Donald Trump’s combative interview marking his first 100 days back

‘I’ve never even heard of you,’ the US president tells ABC reporter Terry Moran as they clash over key issues, including tariffs and the Ukraine-Russia war

Euronews

The race for Central Asia’s transport routes: Who will dominate the new Silk Roads?

With Europe searching for trade routes that bypass Russia, eyes have turned to the region.

InsideEVs

Volkswagen's EV Sales Are Up. Here's The Downside

They say the first step to recovery is admitting you have a problem. And to the Volkswagen Group's credit, it's been admitting it has a problem for some time now.

The Independent UK

More than 60 percent of toymakers forced to cancel orders as Trump’s tariffs threaten Christmas

‘We have a frozen supply chain that is putting Christmas at risk,’ a Toy Association executive said

The Guardian - US

US economy shrinks in first quarter of Trump 2.0 amid sweeping tariffs

Drop comes amid a huge fall in consumer sentiment, which in April dropped 32% to lowest level since 1990 recession

MarketBeat

3 Retail Stocks That Desperately Need a Tariff Break

Here are three retail stocks with heavy exposure to China and other Asian countries that are facing higher tariffs from the United States

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