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The Latest Breaking News from China

TechScape: The people charged with making sure AI doesn’t destroy humanity have left the building

The people charged with making sure AI doesn’t destroy humanity have left the building. Plus, AI-generated ‘slop’ is taking over the internet

The Guardian - UK

Apple slashes iPhone prices in China for the second time this year as local competition pressures its sales

Analysts say the out-of-character price cut is a "strategic move" to help Apple shore up its position in the world's second-largest economy.

Fortune

China Criticizes South Korea, Japan Lawmakers For Taiwan Visit

China expresses disapproval over South Korean and Japanese lawmakers' visit to Taiwan, escalating tensions in the region.

Top News

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Australia's deputy prime minister pledges support to Solomon Islands during visit to Honiara

Australia’s deputy prime minister is visiting the Solomon Islands, as Canberra intensifies its efforts to counter China’s growing influence in the South Pacific

The Independent UK

Shanghai Composite Index Fell 0.42% on Tuesday

Shenzhen Component Index closed down 0.71%

Caixin Global

Taiwan's new President Lai Ching-te urges China to stop military intimidation in inauguration speech

Lai has pledged to “neither yield nor provoke” Beijing

Evening Standard

Sam Kerr certain to miss Paris Olympics after being omitted from Matildas squad for warm-up games

Any lingering hope of captain returning from injury has been extinguished after she was left out of the squad to face China

The Guardian - AU

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Ukraine war briefing: Zelenskiy to Nato – shoot down Russian missiles in our skies

Lithuanian minister backs strikes on Russia with western arms and says don’t give China leverage over European security. What we know on day 818

The Guardian - AU

Fed governor highlights de-dollarization debate as concerns of global economy dropping the dollar grow: ‘The role of the U.S. economy in world finance is changing’

Russia sanctions, Chinese central bank policy are reopening long debate over the future of dollar dominance.

Fortune

Chinese EV Companies Are Falling Behind On Their Bills

Amidst cooling demand and heightened competition, Chinese EV brands are prolonging paying their bills.

InsideEVs

UK cannot afford to give ‘cold shoulder’ to China, says City minister

Bim Afolami’s comments distance British government from protectionist moves by US

The Guardian - UK

U.S. vs. China: Which Tech Giant Should Investors Buy?

The technology industry is experiencing a significant expansion due to rising global IT expenditures among enterprises on digital transformation initiatives and the rapid adoption of emerging technologies. Amid this, let’s analyze Microsoft (MSFT) and Tencent Holdings (TCEHY) to determine which tech stock is an ideal buy now. Read on to…

StockNews.com

China knife attack: Two killed and ten injured in mass stabbing at primary school

A woman, 45, allegedly used a fruit knife in the attack on Monday

Evening Standard

Loongson's ambitious CPU roadmap shows 128-core chiplet-based processors incoming

Loongson's LoongArch CPU family is set to expand to include 128-core datacenter processors in the coming years.

Tom’s Hardware

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The Guardian - US

BMW and others bought parts from China supplier flagged for forced labor

US investigation found automakers continued sourcing parts made by supplier even after they were told about banned products

InsideEVs

General Motors' Plug-In Hybrids Are Coming Back To The U.S. In 2027

The American automaker will sell you a gas-powered car with a plug alongside its EVs in just a few years. Will you buy one, though?

The Independent UK

Sizzling, twice-spiced beef skewers add a twist to a Memorial Day barbecue

Street vendors in China sell sizzling skewers of meat hot off the grill, rich with cumin and chiles

Roll Call

Election year politics roil the EV transition - Roll Call

Electric vehicles, already facing lagging consumer demand, will be confronted with a hostile president if Donald Trump wins in November.

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The Independent UK

Philippines blames China for loss of giant clams in disputed shoal and urges environmental inquiry

The Philippines has blamed Chinese fishermen for a massive loss of giant clams in a disputed shoal controlled by China’s coast guard in the South China Sea and urged an international inquiry into the amount of environmental damage in the area

Barchart

Stocks Set to Open Higher as Investors Await FOMC Minutes and Nvidia Earnings, Fed Speak on Tap

June S&P 500 E-Mini futures (ESM24) are up +0.12%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.11% this morning as market participants looked ahead to the release of the minutes of the Federal Reserve’s latest policy meeting, comments from Fed officials, and an earnings report from semiconductor stalwart…

France 24

China targets US defence firms over Taiwan, launches trade probe

Beijing sanctions three American defence companies as Taiwan's new president takes office. China is also launching an anti-dumping investigation into imported EU, US, Japan and Taiwan chemicals amid a growing trade spat. The country's struggling property market gets a government lifeline, but investors remain unconvinced that it will be enough.

Caixin Global

China Hands Out $14 Million in Vouchers to Bolster Tourism

More than 6,300 measures for travelers have been created for a monthlong effort in May to spur spending

Android Central

Redmi Pad Pro review: Xiaomi's best budget tablet yet

Xiaomi's Redmi Pad Pro is now officially available outside China, and it has a lot of exciting features, including a massive 10000mAh battery. Combine that with a 12.1-inch panel and decent software features, and it's easy to see why this is Xiaomi's best budget tablet.

The Guardian - UK

Taiwan’s new president takes office and calls on China to cease hostile actions

Lai Ching-te uses inauguration speech to push for peace in the region and says future of Taiwan important to future of the world

International Business Times

Markets Rise As Traders Cheered By China Property Plan

The announcement out of Beijing on Friday provided a much-needed boost to the country's ailing developers, many of whom are drowning in a sea of debt.

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