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China
US officials question Nvidia over China chip smuggling
Nvidia's AI chips are still reaching China despite US export curbs, and US officials want to know why the company missed warning signs, according to a Bloomberg investigation published Oct. 1. The cases it examines include a seized mansion in…
China completes main complex of ‘artificial sun’ reactor
The main complex for China's Burning Plasma Experimental Superconducting Tokamak (BEST) in Hefei, Anhui province, is finished, according to video footage released on Oct. 1. With the buildings done, the project now moves into the work of assembling the reactor…
China halts fuel exports as domestic stocks hit lows
Chinese refiners have stopped exporting oil products to anywhere outside Hong Kong and Macau until Beijing says otherwise, Reuters reported on Thursday, October 1, citing four people familiar with the matter. The move takes supply away from a global fuel…
China ships 78% of global humanoid robots in H1 2026
The global humanoid robot market saw explosive growth in the first half of 2026, with shipments approaching 25,000 units — a 432.1% increase from a year earlier — according to new data from IDC. Chinese manufacturers dominated the market, shipping…
MI5 warns over 100 UK academics aided Chinese spies
Britain's MI5 on Wednesday issued an unprecedented public espionage alert, warning that more than 100 UK-linked academics have contributed to research projects secretly funded by Chinese intelligence through a front organization.
iPhone 18 Pro takes No. 1 spot in China sales
Apple has seized the top spot in China's smartphone market following the launch of its iPhone 18 Pro series, with first three-day sales running 12% higher than the iPhone 17 Pro lineup managed in its entire first week last year,…
U.S. and China extend trade truce through January 10
The United States and China agreed Wednesday to extend their trade truce through January 10, Treasury Secretary Scott Bessent announced, as Chinese President Xi Jinping touched down in Washington for a three-day state visit.
Goldman Sachs says China buying 75% more gold than reported
Goldman Sachs The Goldman Sachs Group, Inc. Research is standing by its forecast that gold will reach $4,900 per ounce by the end of 2026, pointing to persistent central bank buying and new data suggesting China's gold purchases in July…
China surveys Broadcom switch use in state data centers
Chinese authorities are surveying the use of Broadcom networking switches across state-backed data centers, a move that could accelerate Beijing's push to replace foreign technology with domestic alternatives in critical infrastructure.
China’s gold imports top 1,000 tons in 2026, already surpassing all of last year
China's gold imports surpassed 1,000 tonnes through August 2026, already exceeding the country's total for all of 2025 and setting a record pace since comparable customs data began in 2017, Bloomberg reported on Monday.
China races to build nuclear fusion, SMRs to power AI data centers
The explosive growth of artificial intelligence is pushing China to fast-track investments in nuclear fusion and small modular reactors, as the country seeks to secure the vast energy supplies needed to fuel its expanding network of data centers.
China presses EU auto lobby chiefs to help resolve hybrid trade standoff
Chinese Commerce Minister Wang Wentao pressed the heads of Europe's two most influential automotive industry bodies on Monday to help broker a resolution to the escalating China-EU car trade dispute, days after Beijing rejected Brussels' request for voluntary curbs on…
Trump tells UN that AI will now be called ‘super intelligence’
President Donald Trump told the United Nations General Assembly on Tuesday that US government documents would replace "artificial intelligence" with "super intelligence," calling the existing term misleading and pledging to accelerate rather than restrain the technology's development.
ECB says China’s industrial rise is crowding out EU exporters
The European Central Bank warned Tuesday that China's rapid industrial transformation is crowding European firms out of global markets, with German companies bearing the brunt of intensifying competition in sectors that have long underpinned European economic growth.
VW China chief warns of 20% passenger car market decline
Volkswagen's top executive in China warned on Tuesday that the country's passenger car market is expected to shrink by about 20% in 2026, comparing the downturn to the devastation wrought by the COVID-19 pandemic.
Taiwan arms sale looms over Trump-Xi summit this week
A proposed $14 billion U.S. arms package to Taiwan is emerging as one of the most sensitive issues ahead of a summit between President Donald Trump and Chinese leader Xi Jinping at the White House on September 24. Beijing is…
China’s oil import cuts kept global energy crisis in check, fund manager says
China's decision to slash its crude oil imports by more than half has been the single largest factor preventing a catastrophic spike in global energy prices during the Strait of Hormuz crisis, according to a senior energy fund manager.
Oil slides from $100 spike as Hormuz flows hit 6-month high
Crude oil prices pulled back sharply on Monday as traders reassessed the geopolitical risk premium that has driven months of volatility, with a U.S. military command report of rising oil flows through the Strait of Hormuz helping ease supply fears…
Boeing’s 200-jet China deal hinges on Trump-Xi talks
The fate of Boeing's long-awaited 200-jet sale to China remains uncertain ahead of President Xi Jinping's state visit to Washington on September 24, with industry insiders warning the deal's final terms will be shaped by the broader diplomatic bargaining between…
China holds lending rates steady for record 16th month
China kept its benchmark lending rates steady on Sunday, extending a record streak of unchanged rates to 16 consecutive months as policymakers balance domestic economic weakness against a widening interest rate gap with the United States.
China completes six orbital launches in six days
China's space launch sector put on a striking display of capacity and variety last week, sending four different orbital rockets aloft in roughly 45 hours from September 15 to 17 — and then following up with two more launches by…
Xi Jinping health rumors swirl after early BRICS departure
Unverified claims about Chinese President Xi Jinping's health have swept across social media this week after he skipped a gala dinner at the BRICS summit in New Delhi and returned to China earlier than expected, prompting official pushback from both…
Russian ESPO crude tops $120 as China races to secure supply
Russia's ESPO Blend crude oil surged above $120 per barrel this week for the first time since April, driven by a scramble among Chinese state-owned refiners to secure supply as Middle Eastern disruptions threaten to leave refineries short of feedstock…
US and China build rival AI coalitions as open-weight models reshape global tech race
The contest between the United States and China over artificial intelligence has entered a new phase, moving beyond chips and tariffs into a struggle over whose AI models — and whose rules — the rest of the world will adopt.…
Volkswagen slashes profit outlook on $11.5B in charges
Volkswagen on Friday cut its full-year operating margin forecast to just 1%, down from a previous range of 4% to 5.5%, after flagging €10 billion ($11.5 billion) in one-off charges that deepen an already difficult chapter for Europe's largest automaker.
China’s diesel exports surge 42% in August amid global shortage
China's diesel exports jumped 42.1% year-on-year in August to 1.33 million tonnes, reaching their highest level in more than two years as Beijing continued to ease restrictions on fuel shipments imposed during the early months of the Middle East conflict,…
Shanghai oil futures hit record as China scrambles for crude
China's carefully managed drawdown of its oil reserves, which helped cushion the global economy from the worst effects of the US-Iran conflict, is giving way to a more precarious phase as the world's largest crude importer is forced back into…
China’s US Treasury holdings hit 18-year low in July
The world's two largest foreign holders of US government debt both reduced their positions in July, according to data released by the US Treasury Department on Tuesday, as persistent concerns over the sustainability of American public finances weigh on global…
China may restrict fuel exports as inventories hit multiyear lows
China's gasoline and diesel inventories are falling fast, raising the prospect that Beijing will once again restrict fuel exports just months after lifting wartime controls that froze shipments earlier this year.
China returns to global oil market as Hormuz crisis squeezes supply
China, the world's largest crude oil importer, is stepping back into the global market after months of drawing down domestic stockpiles, adding fresh demand pressure to a supply picture already strained by the ongoing disruption of the Strait of Hormuz.…