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The Latest Breaking News from China

Global Market: China chip rally sparks valuation bubble fears among investors

Chinese chip companies are seeing high stock valuations. This surge is fueled by China's drive for technological self-reliance. However, recent earnings reports have raised concerns about potential market bubbles. Investors are closely watching developments and the broader semiconductor market trends.

The Economic Times

Xi, Trump reach series of new common understandings: China's foreign ministry

Chinese President Xi Jinping and US counterpart Donald Trump held extensive discussions during Trump's three-day visit to Beijing, reaching new common understandings on bilateral and global issues. The leaders agreed on a vision for a constructive China-US relationship of strategic stability, aiming to guide relations for the next three years…

The Economic Times

US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough

Despite US approval for around 10 Chinese firms to buy Nvidia's H200 AI chips, no deliveries have occurred. CEO Jensen Huang's China trip, facilitated by President Trump, aims to resolve this deadlock, highlighting the complex US-China tech rivalry impacting even approved trade.

The Economic Times

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Trump says made 'fantastic trade deals' with Xi

President Donald Trump met with President Xi Jinping in Beijing. They discussed significant trade agreements beneficial to both nations. China offered assistance regarding the Strait of Hormuz. Discussions also touched upon artificial intelligence and oil purchases. The leaders addressed geopolitical flashpoints like Taiwan, aiming to manage differences.

The Economic Times

What is the ‘Thucydides trap’ Xi warned Trump about? Lessons from an ancient war between Athens and Sparta

During their high-stakes meeting in Beijing this week, Chinese President Xi Jinping reportedly asked US President Donald Trump if the two countries could overcome the “Thucydides trap”.

The Conversation

EU carmakers pave way for Chinese rivals as balance in market shifts

Many European motoring manufacturers are in retreat with plants to off–load – while China’s industry is on the march

The Guardian - UK

Trump says Xi is ‘very tall’ and out of ‘central casting’ because people in China ‘tend to be a little bit shorter’

‘If you went to Hollywood and you look for a leader of China, to play a role in a movie, he’s central casting,’ the president told Fox News’ Sean Hannity

The Independent UK

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Trump and Xi wrap up summit claiming progress in stabilising ties but differences remain

The two leaders met on Friday at final talks of the superpower summit, which the US president said "settled a lot of different problems". Xi described Trump's visit as a "milestone visit".

Euronews

Silver tumbles Rs 17,500, gold down Rs 3,100 as Iran war tensions stoke inflation worries. All eyes on Trump-Xi meet

Gold and silver prices opened sharply lower on MCX Friday, driven by rising energy prices fueling inflation concerns and expectations of prolonged high interest rates. Investors are closely watching U.S.-China trade talks, with gold and silver futures experiencing significant dips. Spot gold and silver also declined internationally, reflecting market pressure.

The Economic Times

‘Xi would also like to see the Hormuz Strait open’: Donald Trump on US-China talks

US President Trump revealed Chinese President Xi Jinping desires the Strait of Hormuz reopened to stabilize global energy markets. Both leaders reportedly agreed on the necessity of this crucial shipping route's resumption. Discussions also touched upon potential increased Chinese purchases of American oil and agricultural products, alongside ongoing tensions regarding…

The Times of India

Trump says he is losing patience with Iran after talks with China's Xi

Iran war: The U.S. paused its attacks on Iran last month but began a blockade of the country's ports. Talks aimed at ending the conflict have stalled with Iran refusing to end its nuclear program or relinquish its ‌stockpile of enriched uranium.

The Economic Times

Trump defends Chinese students in US

In disagreement with his own voter base, Trump backed the presence of Chinese students in American educational institutions. He recognised that this view could clash with certain conservative beliefs. Trump pointed out that a decline in Chinese enrollment could significantly affect the landscape of U.S. universities and acknowledged the advancing…

The Economic Times

China critic Matthew Wale elected Solomon Islands prime minister

Wale won a parliamentary ballot 26 votes to 22 and as PM is expected to strengthen ties with traditional allies Australia and the United States

The Guardian - AU

Oil Price Today (May 15): Crude oil above $105 as Iran war resolution stagnates. Where is liquid gold headed?

Oil prices climbed Friday amid fears of ship attacks and seizures, despite Iran's claims of safe passage through the Strait of Hormuz. Traders are also watching US-China trade talks closely. Geopolitical tensions remain high, with disruptions significantly tightening global oil supplies and potentially impacting prices until late 2027.

The Economic Times

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The Guardian - AU

What is the Thucydides Trap and why did Xi Jinping mention it in his meeting with Donald Trump?

China’s leader raised the ancient Greek historian Thucydides when he met the US president in Beijing

The Economic Times

Dollar poised for largest weekly rise in two months as Fed hike bets increase

Dollar surged to a two-month high, fueled by rising energy prices and shipping disruptions, intensifying inflation fears and boosting expectations for a Federal Reserve rate hike. Meanwhile, cautious optimism surrounds U.S.-China talks, with leaders discussing trade and the Strait of Hormuz. The yen and euro weakened against the strong dollar.

The Economic Times

Oil rises as fears of ship attacks and seizures persist

Oil prices saw an increase on Friday. Market worries persist regarding ship attacks and seizures. Iran stated many vessels passed through the Strait of Hormuz. U.S. and Chinese presidents continued their discussions in Beijing. A ship was reportedly seized off the United Arab Emirates. The U.S. and China agreed on…

The Economic Times

Donald Trump says China wants to buy oil, soybeans from US

President Trump announced China's intent to purchase US oil and soybeans following his meeting with Xi Jinping. Discussions also covered Visa's market access, trade deals, and regional security, including Iran and Taiwan. Trump described Xi as a direct and business-focused leader.

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The Guardian - US

Trump news at a glance: a warm welcome and a cold warning as US president visits China

China keen to put Taiwan at the top of agenda that risks being overshadowed by US-Israel war on Iran and disagreements over trade – key US politics stories from Thursday, 14 May at a glance

The Economic Times

West Asia War: Ship reported seized off UAE as Trump discusses Iran with Xi

A ship was seized by Iranian personnel near the UAE. US President Trump and Chinese President Xi Jinping agreed on keeping the Strait of Hormuz open. An Indian cargo vessel was sunk off Oman. Iran is making deals for ships to pass through the strait. Iran's Judiciary Spokesperson stated seizures…

The Economic Times

Trump and Xi set for second day of talks after Taiwan warning

President Donald Trump concluded his state visit to China. He met with President Xi Jinping. The visit featured business deals and discussions. President Xi issued a strong warning regarding Taiwan. Trump expressed hope for a stronger relationship. China agreed to purchase Boeing jets. Discussions also covered Iran and trade.

Evening Standard

Donald Trump indicates military destruction of Iran ‘to be continued’

The US president made the comment in an early morning Truth Social post on the final day of his visit to China.

The Guardian - US

Colorado governor commuted Tina Peters’ sentence after Trump blocked funding for clean water project, Lauren Boebert claims – as it happened

This live blog is now closed.

International Business Times UK

President Xi's 'Declining Nation' Dig Was Meant For Biden, Not Me, Trump Claims

Donald Trump claims Xi Jinping's 'declining nation' comment targeted Joe Biden, not his administration, during a summit focused on US-China relations and Taiwan tensions.

International Business Times UK

Trump Makes Odd Claim That Chinese Restaurants Beat Every US Fast Food Chain at Beijing State Banquet — Numbers Don't Add Up

During a state dinner in China, President Trump claimed Chinese restaurants in the US outnumber the top five fast food chains combined, a statement questioned by industry data.

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