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The Latest Breaking News from China

Business Brief (May 6): Iranian Foreign Minister Visits China

CATL raises HK$39.2 billion in Hong Kong share placement, China issues warning over recalled a2 infant formula in the U.S.

Caixin Global

Nasdaq Futures Rally on Upbeat AMD Earnings and U.S.-Iran Peace Deal Optimism

June Nasdaq 100 E-Mini futures (NQM26) are trending up +1.61% this morning as optimism that the U.S. and Iran are close to a peace agreement, along with upbeat quarterly results and guidance from Advanced Micro Devices, boosted sentiment.

Barchart

Global semiconductor sales hit nearly $300 billion in Q1 2026 — chips are on track to top $1 trillion for this year, says report

Sales of chips in Q1 2026 hit $298.5 billion and are on track to exceed $1 trillion this year, according to the Semiconductor Industry Association.

Tom’s Hardware

From analysis to the latest developments in health,
read the most diverse news in one place.

2.3 million metric tons of lithium hidden beneath the Appalachian Mountains could power the US for centuries: Study

The United States Geological Survey (USGS) identified undiscovered, economically recoverable lithium in the Appalachian Mountains, with 2.3 million metric tons of lithium oxide. This discovery holds a value of approximately 90 billion dollars and marks a vital shift for energy security in the US. These reserves are mostly in the…

The Times of India

Iran's Revolutionary Guard says passage through Strait of Hormuz will be ensured

Earlier on Wednesday, Trump said the US would pause its mission to escort commercial ships through the Strait of Hormuz barely two days after it began doing so, citing a desire to reach a peace deal.

Euronews

North Korea drops references to unification with South from constitution, Seoul says

China has long been the country's main economic backer, though Pyongyang has drawn closer to Moscow since it launched its full-scale invasion of Ukraine in 2022.

Euronews

China calls for ‘comprehensive ceasefire’ in Iran war as Beijing intervenes in Middle East conflict

Chinese Foreign Minister Wang Yi has told his Iranian counterpart that China was ‘deeply distressed’ over the war

The Independent UK

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How we can fight China rare metal monopoly: mining boss

A retiring chief executive has recounted how Lynas Rare Earths endured early challenges to help break China's monopoly on processing the crucial materials.

AAP

‘Our competitors are everyone’: Joybuy leads ‘China’s Amazon’ into the UK

Taking on its US rival in Britain is expected to lead to ‘collateral damage’ for UK retailers

The Guardian - UK

G7 ministers discuss trade security and China dependence in Paris

G7 trade ministers were holding a second day of talks in Paris on Wednesday as the global economy faced growing pressure from US tariff threats, war in the Middle East and concerns over dependence on Chinese raw materials.

Radio France Internationale

Macron says ‘all parties must lift the blockades’ – as it happened

This blog is now closed

The Guardian - AU

Australia seeks Fiji security deal despite China fears

After a Beijing intervention stalled Australia's security pact with Vanuatu, ministers were in Fiji trying to secure a similar deal with the Pacific ally.

AAP

Top Trump advisers urge China to leverage Iran ties to reopen Strait of Hormuz to global traffic

US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent have both expressed a need for China to leverage its tight relations with Tehran to reopen the strategic Strait of Hormuz for “their own interests”.

Euronews

The rapid embrace of AI in China, its biggest testing ground, may shape how AI is used globally

More than a year after the Chinese AI chatbot DeepSeek, a main rival to OpenAI’s ChatGPT, stunned the world with its own advanced AI model, China has become a testing ground for mass use of AI tools

The Independent UK

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news in one place.

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Fortune

Supermicro CEO insists 'no one' beyond indicted employees were involved in alleged $2.5 billion smuggling scheme

CEO and Chairman Charles Liang said Supermicro’s relationship with vendors including Nvidia, AMD, Intel, and Broadcom was “strong” despite the accusations against a Supermicro cofounder. Supermicro stock rose 17% in after-hours trading.

The Guardian - AU

As Ukraine seeks to edge China out of its drone supply chain, Taiwan emerges as a quiet player

Taiwan’s reputation for tech excellence means it is a favoured alternative source for Ukrainian drone-makers

International Business Times

China Might Face U.S. Travel Restrictions Over Illegal Immigration: Report

The Trump administration is considering travel restrictions against China because the country is not repatriating illegal immigrants fast enough, according to a new report.

Barchart

S&P 500 and Nasdaq 100 Post Record Highs on Tech Strength

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +0.81%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.73%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.31%. June E-mini S&P futures (ESM26 ) rose +0.82%, and June E-mini Nasdaq futures...

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PC Gamer

No, China hasn't made it illegal to fire humans and replace them with AI—but yes it's made it much more expensive for companies to do so

Maybe communism has something going for it.

The Times of India

70% H-1B approvals from India in FY 2025 revealed in new report, US senator shocked

Senator Eric Schmitt expressed shock over the latest official report on H-1B for FY 2025 where India led the list of countries with 283,772 approvals, followed by China with a distant 49,161 approvals. "While Washington pats themselves on the back, American workers are told to “upskill” or get replaced by…

TechRadar

Federal regulator to ban all Chinese labs from vetting US-bound devices over national security concerns – major supply chain shakeup will affect 75 percent of devices sold in the US

Chinese labs are set to lose their FCC testing accreditation after a unanimous commission vote.

The Guardian - UK

Wu Yize cements China’s status as premier snooker force as younger generation takes over

The new world champion is the fourth consecutive first-time winner and the UK game faces a challenge to keep up with investment in Asia

The Independent UK

The bad news for the Brits trying to slow China’s snooker takeover

WORLD SNOOKER CHAMPIONSHIP: Wu Yize’s remarkable Crucible triumph made it back-to-back Chinese world snooker champions but where are all the talented young Brits, asks Luke Baker

Barchart

Tech Stock Strength Lifts the Nasdaq 100 to a Record High

The S&P 500 Index ($SPX ) (SPY ) today is up +0.74%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.57%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.20%. June E-mini S&P futures (ESM26 ) are up +0.70%, and June E-mini Nasdaq futures...

The Conversation

Europe’s dilemma – to use China’s turbines to meet its renewable targets or not

Europe’s wind turbines have become part of a wider struggle over energy security, industrial power and the west’s dependence on China.

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