The Latest Breaking News from China

China convened emergency meetings with its largest technology companies on Wednesday to assess how many of Nvidia’s H200 accelerators they intend to buy.

Nvidia has quietly developed a software-based location-verification system for its Blackwell-generation GPUs that can approximate where the hardware is operating, which could prevent smuggling of AI GPUs to China.

The US president, Donald Trump, presided over two major agreements in early December. The Democratic Republic of the Congo (DRC) and Rwanda signed a peace deal initially negotiated in June. At the same ceremony, Trump announced a strategic partnership between the US and the DRC.

The continent-spanning journey has a two-hour stopover in Auckland.

According to a new report, the Trump Administration's U-turn on allowing exports of the Nvidia H200 AI accelerator chip is down to competition from China's native Huawei, which offers comparable power.

Nvidia can now sell its faster H200 chips to approved buyers in China under Trump's new rules, but a steep 25% tariff adds a major twist to the deal.

The head of the International Monetary Fund has urged China to fix its economic imbalances, echoing longstanding calls for the world's second-largest economy to rely more on domestic spending and investment instead of exports

December S&P 500 E-Mini futures (ESZ25) are down -0.01%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.05% this morning as investors refrain from making big bets ahead of the Federal Reserve’s final interest rate decision of the year, with all eyes on the central bank’s outlook for interest…

At the end of a year of many setbacks for the Modi government’s foreign policies, Russian President Vladimir Putin’s recent visit aptly captured the Indian effort to find its centre of gravity in an era of massive geopolitical upheavals.