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The Latest Breaking News from China

Global Financial Shock As Trump Declares Tariff War, Dismissing Market Losses As 'Necessary Evil'

President Trump defends his tariff 'medicine' as global markets lose £1 trillion ($1.3 trillion) in a savage sell-off. Is this bold or bonkers?

International Business Times UK

Wall Street’s biggest Tesla bull just raised the white flag, blaming Elon Musk for slashing his price target nearly by half

"The demand destruction for Tesla and brand damage is real," wrote Wedbush Securities analyst Dan Ives.

Fortune

China's rare earth export restrictions threaten global chipmaking supply chains

China's latest export restrictions on Scandium and Dysprosium threaten to disrupt global supply chains for major tech players, but also emphasize potential weaknesses of its anti-sanctions approach.

Tom’s Hardware

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China accuses US of 'economic bullying' as tariff dispute escalates

Beijing matched the 34% tariff rate and imposed countermeasures, including export restrictions on rare earth minerals and suspensions of select US agricultural imports.

Euronews

Week ahead: Investors brace for a major trade war as China retaliates

The week’s focus will be on any tariff updates from the Trump administration and retaliatory measures from other economies. Additionally, US and Chinese inflation data, as well as the Reserve Bank of New Zealand’s rate decision, will be in the spotlight for financial markets.

Euronews

Market Panic Deepens As China Retaliates Against Trump Tariffs

Hong Kong's Hang Seng plunged more than 13 percent, its biggest drop since the 1997 Asian financial crisis, while in Japan the Nikkei 225 index fell an eye-watering 7.8 percent.

Latin Times

China and neighbours at risk of catastrophic quakes as region enters new seismic phase, study claims

Study published days before Myanmar earthquake warns region has entered sixth seismic ‘active period’

The Independent UK

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Tesla’s fall in Europe will only hand the keys to Beijing

With the US, the UK and much of Europe ramping up incentives for domestic production, no wonder China is scrambling to maintain its competitive edge, Saman Rizwan writes.

Euronews

Stock Index Futures Tumble as Tariff Turmoil Deepens, U.S. Inflation Data and Big Bank Earnings Awaited

June S&P 500 E-Mini futures (ESM25) are down -3.29%, and June Nasdaq 100 E-Mini futures (NQM25) are down -3.81% this morning as worries over the economic fallout of U.S. President Donald Trump’s sweeping tariffs continue to weigh on sentiment.

Barchart

The Worst Market Crashes Since 1929

Monday's stock market collapses in Asia and Europe after China retaliated to steep US tariffs revived memories of similar market turmoil after the Covid pandemic and the last global financial crisis.

International Business Times

Hong Kong stock market plunges most since ’97 crisis amid tariffs panic

Benchmark Hang Seng Index plummets as much as 13.74 percent in horror day for Asia’s markets.

Al Jazeera

China Vows To Stay 'Safe And Promising Land' For Foreign Investment

A top Chinese official has vowed to protect US firms and pledged his country will remain a "promising land" for foreign investment, Beijing said Monday, after it slapped 34 percent tariffs on US imports.

International Business Times

China accuses US of unilateralism, protectionism and economic bullying with tariffs

China on Monday accused the U_S_ of unilateralism, protectionism and economic bullying with tariffs for "putting the U_S_ first over international rules.”

The Independent UK

Asian markets go into a 2008-style freefall, after Trump calls his tariffs needed ‘medicine’ for the U.S.

“I don’t want anything to go down, but sometimes you have to take medicine to fix something,” Trump told reporters on Sunday.

Fortune

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The Conversation

Financial markets are tanking. Here’s why it’s best not to panic

Financial markets around the world have been slammed by the Trump adminstration’s sweeping tariffs on its trading partners, and China’s swift retaliation.

Euronews

Trump denies causing market sell-offs but sticks to trade deficit goal

Global stock markets deepened losses during Monday’s Asian session as US President Donald Trump reiterated his commitment to eliminating US trade deficits—particularly with China—while denying any intention to fuel market turmoil.

International Business Times

China Would Have Agreed TikTok Deal If Not For US Tariffs: Trump

US President Donald Trump said Sunday that China would have agreed to a deal on the sale of TikTok if it were not for the tariffs imposed by Washington on Beijing last week.

The Guardian - UK

‘Fruit of the devil’: Hainan’s betel nut sellers suffer from stuttering economy

Despite its links to oral cancer, people in Hainan have for centuries produced and eaten betel nuts, which give a natural high. But sales are falling

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news in one place.

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International Business Times

Equities Savaged As China Retaliation To Trump Tariffs Fans Trade War

Asian markets collapsed Monday after China hammered the United States with its own hefty tariffs, ramping up a trade war that many fear could spark a recession.

AAP

Trade war, recession fears wipe $110b from markets

Australian shares have resumed their downward spiral after China hit back against US tariffs, and market researchers suggest further volatility is ahead.

TechRadar

China has spent billions of dollars building far too many data centers for AI and compute - could it lead to a huge market crash?

China built hundreds of AI data centers, but supply now far exceeds demand, and DeepSeek is one of the reasons why.

The Guardian - UK

Markets brace for another volatile week as Trump’s most punitive tariffs kick in

Analysts warn of possible recessions in the UK, US and EU while world leaders weigh up retaliatory action

InsideEVs

The Leapmotor B10 Is On Sale In China, But It Still Needs Work

Once a little-known brand, Leapmotor is making serious inroads both inside and out of China. Last month, the brand sat at the top of the sales charts for Chinese EV startups, as the first models made their way to Europe, part of a tie-up with Stellantis. Still, Leapmotor’s efforts have been…

InsideEVs

YouTube Streamer Tries To Buy A Chinese EV, But Can't Take It Home

It’s interesting to watch just how fast the sentiment toward China has turned within the past few months. Perhaps it started with the ever-looming TikTok ban, only to reach a fever pitch when kids semi-ironically adopted Chinese social media Xiaohongshu and learned more about China. That meant learning about Chinese…

Barchart

This 1 Lesser-Known Stock Is Gunning for Tesla in China (No, It’s Not BYD). Should You Buy Shares Now?

Should you bet on this Chinese EV underdog as Tesla falters?

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