The Latest Breaking News from China

The tariff wars between the US and its trade partners have rarely been out of the news since the US president, Donald Trump, revealed his plans for sweeping “liberation day” levies back in April. The uncertainty that followed for businesses worldwide has now morphed into a battle over global supply…

Alibaba Group Holding Ltd (NYSE:BABA) (NYSE:BABAF) has just raised the stakes in the U.S.–China tech rivalry. The Chinese e-commerce and cloud giant has unveiled a new AI chip designed to reduce reliance on Nvidia, Washington's favorite export-turned-bargaining chip.

The U.S. government has revoked export waivers that allowed Intel, Samsung, and SK hynix to ship advanced chipmaking tools to their Chinese facilities, forcing them to seek licenses within 120 days or risk operational disruption.

Plus, robotaxis are leading to lower average pay for human drivers and BYD’s profit sank sharply in the second quarter due to China’s brutal price war.

Banned from selling H20 chips to China, Nvidia could have to scale down its Blackwell chips by 30-50% to restart sales.

The Office of the U.S. Trade Representative (USTR) has once again kicked the can down the road on reinstating a 25% tariff on graphics cards and related PC hardware imported from China.

Russia said it ‘strongly condemns’ actions of Germany, France and UK as China says sanctions move ‘counterproductive’.

China now leads in 57 of 64 key technology fields and analysts warn that if war broke out today, America's technological disadvantage could be catastrophic.

Trump said he would allow Chinese students into US universities, months after administration announced visa revocations.

NVIDIA CEO Jensen Huang spotlighted China as a central piece of the global AI economy during the company’s earnings call this week, estimating that the market represents a $50 billion opportunity for NVIDIA this year alone.

Roger Wicker and Deb Fischer meet island’s president in Taipei as Beijing says trip sends ‘gravely wrong signal’