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The Latest Breaking News from China

Trump prepares to unveil reciprocal tariffs as markets brace amid trade war fears

President promises he will be ‘very kind’ but critics warn his strategy risks triggering chain reaction and global trade war

The Guardian - AU

Trump Tariffs Threaten Latin American Steel Industry

Chile's largest steel plant shut down last year, yielding to cheaper production in China.

International Business Times

China Says Launches Military Exercises Around Taiwan

China's military on Tuesday said it had sent its army, navy, air and rocket forces to surround Taiwan for drills it said were aimed at practising a blockade of the self-ruled island.

International Business Times

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Game director Soulframe Liang has used his online nickname for so long he even trademarked it in China, and when Digital Extremes and Tencent came knocking for the Warframe sequel? 'I'm not selling'

The game developer behind Phantom Blade Zero owns his unusual name—literally.

PC Gamer

Equity Markets Recover on Strength in Defensive Stocks and Energy Producers

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.55%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.00%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.02%. June E-mini S&P futures (ESM25 ) are up +0.43%, and June E-mini Nasdaq futures...

Barchart

Brazil's Lula to meet Putin and Xi amid global trade war fears

Brazil’s President Luiz Inácio Lula da Silva will meet with Russia’s Vladimir Putin in Moscow and China’s Xi Jinping in Beijing, two important partners for the South American giant, in May

The Independent UK

Crude Surges as President Trump Threatens to Curb Russian Crude Exports

May WTI crude oil (CLK25 ) Monday closed up +2.12 (+3.06%), and May RBOB gasoline (RBK25 ) closed up +0.0472 (+2.10%). Crude oil and gasoline prices rallied sharply Monday, with crude posting a 5-week high and gasoline posting a 7-month nearest-futures high. Crude rose Monday after President Trump threatened to...

Barchart

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Stone tool discovery in China shows people in East Asia were innovating during the Middle Paleolithic, like in Europe and Middle East

New technologies today often involve electronic devices that are smaller and smarter than before. During the Middle Paleolithic, when Neanderthals were modern humans’ neighbors, new technologies meant something quite different: new kinds of stone tools that were smaller but could be used for many tasks and lasted for a long…

The Conversation

Two More Chinese Companies Announce 'Megawatt' EV Charging

There is an electric vehicle charger power war happening right now in China as the country’s biggest automotive names battle it out for supremacy. Last year, we were impressed by the news that China had produced chargers capable of supplying over 500 kilowatts. More recently, BYD announced that it had…

InsideEVs

How a new wave of fighter jets could transform aerial combat

The most advanced fighter jets in the world are known as “fifth generation”. They contain technologies developed in the first part of the 21st century. Examples of fifth generation fighter jets include America’s F-35 Lightning II and F-22 Raptor, China’s Chengdu J-20 and Russia’s Sukhoi SU-57.

The Conversation

How Beijing plans to bounce back against Trump’s tariffs

China’s president Xi Jinping recently held a meeting with 40 leaders of multinational companies, including BMW and AstraZeneca.

The Conversation

Meet the 20th-century media tycoon who would have parried Trump’s isolationist thrust—and not cowered in fear of retaliation

Magazine magnate Henry Luce pushed for internationalism and bemoaned the “moral and practical bankruptcy of any and all forms of isolationism.”

Fortune

How Ferrari is helping Hamilton settle with Mercedes-inspired steering wheel software

The early signs have been positive for Lewis Hamilton. While the team has not been able to execute either race weekend in Australia and China perfectly, Hamilton took his first sprint pole and victory in Shanghai as a welcome boost to his stint with the Italian powerhouse.

Autosport

Crude Rallies as President Trump Threatens Additional Tariffs on Russian Crude Exports

May WTI crude oil (CLK25 ) today is up +1.83 (+2.64%), and May RBOB gasoline (RBK25 ) is up +0.0380 (+1.69%). Crude oil and gasoline prices today are sharply higher, with crude posting a 5-week high and gasoline posting a 7-month nearest-futures high. Crude is climbing today after President Trump...

Barchart

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Barchart

Stocks Slump on Fears Tariffs Will Derail the Economy

The S&P 500 Index ($SPX ) (SPY ) today is down -0.70%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.53%. June E-mini S&P futures (ESM25 ) are down -0.64%, and June E-mini Nasdaq futures...

International Business Times

China Property Giant Vanke Reports Annual Loss Of $6.8 Bn

Debt-laden Chinese property giant Vanke reported annual losses of 49.5 billion yuan ($6.8 billion) on Monday, citing falling sales and shrinking profit margins despite Beijing's attempts to revive the housing market.

Barchart

Global Equity Markets Slide on US Tariff Concerns

The S&P 500 Index ($SPX ) (SPY ) today is down -1.54%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.00%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.30%. June E-mini S&P futures (ESM25 ) are down -1.29%, and June E-mini Nasdaq futures...

The Conversation

What is a ‘revisionist’ state, and what are they trying to revise?

Once upon a time, “revisionist power” was a term reserved for nations trying to overturn the postwar liberal order – the usual suspects being countries like Russia, China or Iran.

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The Independent UK

China's telecoms giant Huawei Technologies says its profit fell 28% while revenue surged in 2024

Chinese telecoms gear giant Huawei says its net profit fell 28% in 2024 while its revenue surged, as the company invested heavily in advanced technologies

Euronews

China's foreign minister visits Russia amid uncertainty around Ukraine ceasefire

While Beijing has publicly maintained a neutral stance, China continues to provide diplomatic and economic support to Russia.

The Independent UK

Lewis Hamilton’s win in China ‘not good’ for relationship with Charles Leclerc, says former F1 champion

Hamilton won the sprint race in China, claiming his first victory in the red of Ferrari

Fortune

‘Liberation Day’ is coming: Trump has put broad-based sanctions on ‘all countries’ on the table

These are some of the tariffs President Trump has threatened against the likes of Europe and China, as well as Wall Street’s reaction.

Al Jazeera

Why is Trump ‘very angry’ with Putin and who will secondary tariffs hurt?

Putin’s refusal to accept Zelenskyy’s legitimacy has upset Trump. His threatened sanctions could unsettle oil markets.

Barchart

Stocks Set to Open Sharply Lower as Tariff Worries Sour Risk Sentiment, U.S. Jobs Data and Powell’s Remarks Awaited

June S&P 500 E-Mini futures (ESM25) are down -1.01%, and June Nasdaq 100 E-Mini futures (NQM25) are down -1.21% this morning as risk sentiment took a hit ahead of U.S. President Donald Trump’s deadline for a new round of comprehensive global trade tariffs.

The Independent UK

China and India to face brunt of Trump tariff threat against Russian oil buyers

‘Very angry’ Trump says he will punish all buyers of Russian oil if he believes Putin is scuppering a ceasefire deal on Ukraine

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