The Latest Breaking News from China

Ongoing tariff battles have taken a toll on the auto industry’s mainstays, with losses reaching $11.7 billion through the first half of 2025, according to industry figures.

President signs executive order extending deadline for higher tariffs hours before agreement was due to expire

Nvidia and AMD have reportedly agreed to pay the U.S. government 15% of China-sourced revenues to unlock export licenses for previously restricted chips.

NVDA and AMD are in focus this morning after an unusual revenue-sharing deal with the U.S. government on AI chip sales to China.

The technological and strategic brilliance of its world-class companies are being swamped by macroeconomic troubles

A major breakthrough in quantum technology was achieved in October 2024: the first-ever quantum satellite communication link between China and South Africa. The connection spanned a remarkable 12,900km: the longest intercontinental quantum communication link established to date. The longest before this was 7,600km and within the northern hemisphere only.

Nvidia and AMD agreed to share 15% of their revenues from chip sales to China with the U.S. government, a U.S. government official has confirmed

Alibaba Group (NYSE:BABA) has become a prime target in China’s artificial intelligence (AI) talent war as rival tech giants poach senior experts from its Tongyi Lab, the developer of the widely used open-source Qwen models.

Intel CEO Lip-Bu Tan, facing pressure from Trump over China ties, will reportedly meet the president to clarify his background and stress Intel’s national security role. Tan, who led Cadence Design, aims to secure support for Intel’s U.S. manufacturing amid strategic board tensions and slowed plant progress.