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MYSTERIOUS: 37 - You Need To See This

The EU is set to join US-led chip alliance 'Pax Silica' to counter China's AI race

The EU is set to formally join Pax Silica, a US-led initiative coordinating AI chip supply chains and export controls to counter China. The decision follows weeks of internal discussions over fears that the initiative could jeopardise the EU's regulatory autonomy.

Euronews

Inside the 'Honeypot' Traps: How Chinese Spies Are Using Fake Female Headshots to Seduce 200k Brits

According to reports, Chinese spies targeted UK nationals using fake LinkedIn profiles and gifts, aiming to extract sensitive information.

International Business Times UK

Foreign Secretary arrives in Beijing for talks on global security

Yvette Cooper will meet the Chinese vice-president as well as her counterpart Wang Yi for talks.

Evening Standard

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US closes loophole that allowed Chinese-owned subsidiaries located outside China to buy AI chips — report claims that hundreds of thousands of advanced AI chips have been acquired through BIS blind spot

The BIS just issued a clarification that Chinese-owned subsidiaries are included in U.S. export controls, even if they're based outside of China. However, one source said that some companies have been using this loophole to acquire AI chips that estimated to be in the hundreds of thousands.

Tom’s Hardware

Taiwan accuses China of trying to ‘silence’ its president after New York Times reporter expelled

Publisher condemns ‘wrong’ decision to kick out Pulitzer Prize-winning journalist

The Independent UK

Stocks Set to Open Higher as AI Optimism Overshadows Fresh U.S.-Iran Hostilities, Jobs Data Awaited

June S&P 500 E-Mini futures (ESM26) are up +0.31%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.23% this morning as optimism surrounding artificial intelligence helped offset concerns about renewed U.S.-Iran tensions.

Barchart

Pudu Robotics and Shenzhen CTID Co. Ltd Launch the World's First Full-Scenario Robot-Serviced Hotel Project

SHENZHEN, China, June 1, 2026 /PRNewswire/ -- Pudu Robotics, a global leader in commercial service robotics, and Shenzhen Culture & Tourism Industry Development Co. Ltd （Abbv. Shenzhen CITD Co. Ltd) have officially signed a strategic cooperation agreement to jointly develop the world's first full-scenario robot-serviced hotel on the West Artificial…

AAP

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Trump's China moves can open up a vast market for India

India is emerging as a significant defence supplier in Southeast Asia, with Vietnam becoming the second buyer of the BrahMos missile after the Philippines. Indonesia is reportedly close to a deal, while Malaysia and Thailand have shown interest, potentially expanding India's defence footprint across the South China Sea region.

The Economic Times

Indian steelmakers grapple with resurgence of cheap Chinese imports

Chinese steel exports to India surged in April, reaching a two-year peak. This influx of cheaper steel, including hot-rolled coils and stainless steel, worries domestic producers. Some imports are reportedly routed through Vietnam. India has become a net importer of steel, contrasting with previous periods. Rising demand from infrastructure and…

The Economic Times

Business Brief (June 1): China’s Commerce Ministry Warns EU Over Trade Measures

AI and EV growth squeezes copper supply, securities industry group issues draft guidelines on cross-border data flows

Caixin Global

China's factory activity flatlines in May casting doubt over the economy

China's manufacturing sector barely held its ground in May, with official data showing activity slipping to its weakest reading in three months as the fallout from the Iran war and entrenched domestic weakness raise fresh doubts about Beijing's growth ambitions.

Euronews

China enters its flood season; heavy rain expected in the south

China has entered its flood season with heavy rains forecast for the south. Some northern areas and major river basins will experience below-average rainfall. Authorities are preparing for severe flood control challenges. El Nino is expected to peak later this year, potentially increasing southern precipitation and overall temperatures across China.…

The Economic Times

'The United States scares me,' former Commission deputy boss Vera Jourová tells Euronews

Exclusive: Former European Commission Vice-President Vera Jourová said the current US administration "scares" her more than the challenges posed by Russia or China.

Euronews

India's brain-gain moment may be starting with a crack in the American dream

As green card backlogs, visa uncertainty and layoffs reshape the American dream, India is emerging as a stronger destination for globally experienced professionals. Experts say GCCs, AI, semiconductors and product firms could absorb returning talent, though compensation gaps and ecosystem challenges remain.

The Economic Times

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Euronews

How can Europe secure its critical industries from China? Ask the Euronews AI chatbot

Europe wants to de-risk from China to reduce its vulnerability in areas key to economic security and green transition. But how has the EU boosted its strategic autonomy so far? Ask the Euronews AI chatbot.

The Independent UK

Thai airline cuts key tourist routes citing rising jet fuel costs

The changes affect destinations like China, Japan, Indonesia, Singapore and Nepal

The Economic Times

Nvidia to work with US, European humanoid robot makers in addition to China's Unitree

After CEO Jensen Huang's keynote address in Taiwan on Monday ahead of the Computex trade show, Nvidia announced that the company is working with China's ‌Unitree, a ⁠leading maker ⁠of humanoid robots, to provide a standardized version of Unitree's H2 robot that can be used by academic researchers.

AAP

GOODYEAR BRINGS ROAD SAFETY INITIATIVE TO KUNSHAN

KUNSHAN, China, June 1, 2026 /PRNewswire/ -- The Goodyear Tire & Rubber Company, in collaboration with the China Association of Automobile Manufacturers (CAAM) and the China Road Safety Association (CRSA), conducted a road safety education program for students at Shiyu Elementary School in Kunshan. The event also marked the start…

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AAP

Bakery China 2026 Concludes Successfully, Advancing Global Integration and Innovation in the Bakery Industry

SHANGHAI, June 1, 2026 /PRNewswire/ -- Bakery China 2026, the 28th edition of the exhibition, concluded successfully on May 23 at the National Exhibition and Convention Center (NECC) in Shanghai, reinforcing its role as a major global platform for the bakery and confectionery industry. Co-organized by the China Association of…

The Economic Times

Asia's factory output expands as firms stockpile buffers over Iran war risks

Asian factories saw steady growth in May. Companies built up stocks to counter potential supply disruptions from the Middle East conflict. China's manufacturing expanded for the sixth month, while South Korea's activity reached a five-year high. Japan also reported expansion despite rising input costs. This regional push highlights efforts to…

The Times of India

China patrols east Taiwan waters ahead of Japan-Philippines maritime delimitation talks

China’s coast guard said on Monday that it had carried out “law enforcement” patrols in waters east of Taiwan in response to plans by Japan and the Philippines to begin maritime boundary delimitation talks in an area Beijing claims as its own, escalating tensions over disputed waters in the western…

AAP

NT:Fast track for globally important rare earths project

An outback rare earths mine and processing plant will be fast-tracked through government approvals as China's dominance in the sector is challenged.

AAP

Embracing a Zero-Carbon Future | The 6th LiuGong Global Customer Day Held in Liuzhou

LIUZHOU, China, June 1, 2026 /PRNewswire/ -- On May 31, the 6th LiuGong (000528.SZ) Global Customer Day was held in Liuzhou, China. Mr. Su Zimeng, President of the China Construction Machinery Association, Mr. Song Zhiping, President of the China Association for Public Companies, Mr. Zheng Jin, Chairman of LiuGong Group…

The Economic Times

US takes step to halt Nvidia AI chip shipments to Chinese firms outside China

The unexpected guidance suggests the United States' ‌best AI chips ⁠may ⁠have been making their way to the subsidiaries of Chinese AI firms based in places like Malaysia for almost a year despite broader US efforts to starve Chinese firms of semiconductors needed to develop critical AI capabilities.

AAP

China International ITS Industry Expo 2026 Concludes, Showcasing China's Strength Through Cutting-Edge Capabilities

XIAMEN, China, June 1, 2026 /PRNewswire/ -- On May 15, 2026, the three-day CITSE 2026 successfully concluded. Co-organized by China Intelligent Transportation Systems Association and Xiamen C&E Group, this year's CITSE 2026 was themed "Focus on Industrial Innovation and Transformation, Empower the Construction of the Overseas Expansion Ecology." CITSE 2026…

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