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The Latest Breaking News from China

US hikes tariffs on imports of Chinese solar wafers, polysilicon and tungsten products

The Biden administration has announced it is raising tariffs on solar wafers, polysilicon and some tungsten products from China to protect U.S. clean energy businesses

The Independent UK

Asian Markets Fluctuate After Wall St Record; Eyes On China

Equities swung in Asian trade Thursday following another record day on Wall Street fuelled by inflation data that reinforced expectations for a US interest rate cut next week, while traders also remained hopeful for more measures to stimulate China's economy.

International Business Times

Taiwan Says Detects 16 Chinese Warships Around Island

Taiwan said Thursday it detected 16 Chinese warships in waters around the island, one of the highest numbers this year, as Beijing intensifies military pressure on Taipei.

International Business Times

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Papua New Guinea gains a team in Australian rugby league in diplomatic push aimed at curbing China

Papua New Guinea will gain its own team in Australia’s rugby league in a soft diplomacy deal linked to limiting Chinese influence in the South Pacific

The Independent UK

Australia To Spend $385 Mn On PNG Rugby League Team With Eye On China

Australia will spend US$385 million to establish a rugby league team from Papua New Guinea in its rugby league competition, Prime Minister Anthony Albanese said Thursday, a move designed to help ward off China.

International Business Times

China benched, PNG takes field in sport-security pact

Australia is putting $600 million towards a team from Papua New Guinea joining the NRL but will pull its support if Port Moresby breaks "strategic trust".

AAP

Asia’s frustrated young men celebrate the return of Donald Trump

Young men from China to South Korea are celebrating Trump’s re-election as a victory against anti-male sentiment.

Al Jazeera

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UK universities urged to provide better support for students from China

Researchers say Chinese students feel they are treated as revenue sources rather community members

The Guardian - UK

Chinese students on UK campuses face ‘ethnic clustering’ and language barriers

A think tank’s report has called for universities to offer support to Chinese students facing ‘integration challenges’.

Evening Standard

Trump's Plan To Fight Illegal Drugs With Punitive Tariffs Makes No Sense

If stopping drugs from entering the country is as straightforward as the president-elect implies, why didn't he do it during his first term?

Reason

Crude Rallies on the Potential for Additional US Sanctions on Russian Oil

January WTI crude oil (CLF25 ) Wednesday closed up +1.70 (+2.48%), and January RBOB gasoline (RBF25 ) closed up +0.0290 (+1.48%). Crude oil and gasoline prices posted moderate gains Wednesday, with crude climbing to a 1-week high and gasoline rising to a 2-week high. Crude prices rallied Wednesday on the...

Barchart

Rick Scott reignites his war against ‘Chinese sewage garlic.’ Is it actually a ‘major threat?’

Senator from Florida has pushed to drop Chinese garlic in U.S. grocery stores and ban it on military bases

The Independent UK

Alibaba Stock Price 2025 Prediction: Can BABA Rise to $100 Again?

Alibaba stock has whipsawed in 2024 amid the heightened volatility in Chinese stocks. Things are looking up for the e-commerce giant in 2025.

Barchart

US-China Officials To Hold Economic Talks Before Trump Return

Economic officials in outgoing President Joe Biden's administration are set to meet their Chinese counterparts this week for talks, in a final effort to strengthen ties before Donald Trump's White House return.

International Business Times

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Al Jazeera

Trump will throw US clean power into question

Donald Trump’s election sent clean energy stocks tumbling, and some firms have paused investments.

Tom’s Hardware

Chinese businessman shows off sanctions-busting NVIDIA AI GPUs he bought despite US ban — 200 H200 GPUs skid past US sanctions

Chinese businessman smuggles over a dozen of H200 machines with eight GPUs inside each one.

Barchart

Crude Climbs on the Possibility of Tighter US Sanctions on Russian Oil

January WTI crude oil (CLF25 ) today is up +1.10 (+1.60%), and January RBOB gasoline (RBF25 ) is up +0.0167 (+0.85%). Crude oil and gasoline prices today are moderately higher, with crude posting a 1-week high and gasoline posting a 2-week high. Crude prices are climbing today on the possibility...

RideApart

Can-Am's Parent Company Isn't Sweating Trump's Proposed Tariffs, At Least Not Yet

President-elect Trump has proposed sweeping tariffs across goods coming in from Mexico, Canada, and China. And they range between 25% and 100%, with the former aimed squarely at Mexico and Canada. Obviously, this is cause for alarm. As I've explained in other posts, tariffs only hurt the consumer, not the company,…

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Top News

Biden Approves National Security Memo To Counter Adversaries' Cooperation

President Biden's new national security memorandum addresses cooperation among China, Iran, North Korea, and Russia to guide the incoming administration.

TechRadar

The new Xiaomi YU7 electric SUV has the Tesla Model Y in its sights – and Elon Musk should be worried

Xiaomi lifts the lid on the follow-up to its succesful SU7 sedan, with the YU7 looking to topple sales of the Tesla Model Y.

Barchart

S&P Futures Gain With U.S. Inflation Data in Focus

December S&P 500 E-Mini futures (ESZ24) are trending up +0.10% this morning as investors awaited the all-important U.S. inflation report for clues on whether the Federal Reserve will lower or hold interest rates next week.

Barchart

S&P Futures Tick Higher as Key U.S. Inflation Report Looms

The Independent UK

China’s Tesla Model Y rival set to arrive in the UK

One of five cars coming to the UK, Xpeng’s self-driving G6 already has a growing reputation globally

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