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The Latest Breaking News from China

More Countries View China In A More Positive Light Than U.S. For The First Time In Decades, A New Poll Shows

China is now seen more positively in many countries of the world than the U.S., according to a new study.

International Business Times

Weather tracker: Flooding and landslides hit large parts of Asia

Torrential rain has battered Vietnam, southern China and South Korea, leading to multiple deaths

The Guardian - UK

China's CXMT targets global DRAM giants with record $8.5 billion IPO

Chinese DRAM maker ChangXin Memory Technologies is throwing its hat into the ring with a roughly $8.5 billion initial public offering as it seeks to challenge the dominance of Samsung Electronics, SK hynix and Micron Technology, The Korea Herald reported.

The Economic Times

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Trump could ‘do something positive’ rather than fixate on 2020 loss, Fetterman says

Senator says Trump revisiting failed run against Biden ‘distracts from important things’ such as Iran war

The Guardian - US

3,000-year-old trousers found in a Chinese desert grave reveal why horse riding changed human clothing forever

Long before jeans, leggings or tailored trousers became everyday wardrobe staples, a nomadic horseman in what is now northwestern China was buried wearing what researchers now call the oldest known pair of pants in the world. Discovered in the Yanghai cemetery near the Turfan oasis in the Xinjiang region, the…

The Times of India

Bill Ackman Says It 'Makes No Sense' to Educate Top Talent Then Send Them Home, Calls for US Immigration Overhaul

Billionaire investor Bill Ackman said Sunday that the U.S. needs to overhaul its immigration policy to retain top talent because it “makes no sense to educate” highly skilled researchers at federally subsidized universities only to force many to leave the country.

Benzinga

Tech Brief (Jul. 20): Moonshot AI Pauses New Kimi Subscriptions

Alibaba’s Qwen to power Apple Intelligence in China, SenseTime plans to launch computing satellites

Caixin Global

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Chinese woman declared dead and nearly cremated in 1995 was saved by a funeral home worker's last-second discovery; today, she is an award-winning artist

In 1995, a routine day at a funeral home in southern China took an extraordinary turn when a worker noticed that a young woman who had already been declared dead was still alive. Without any identification, no family beside her and barely any signs of life after collapsing days earlier,…

The Times of India

Samsung, SK Hynix Tumble in Seoul as China AI Breakthrough Weighs on AI Infrastructure Stocks

Seoul-listed shares of Samsung Electronics Co. and SK Hynix Inc. (NASDAQ:SKHY) fell sharply on Monday, extending last week’s sell-off and dragging South Korea’s benchmark KOSPI index lower, as investors continued to assess the implications of China’s latest AI advances.

Benzinga

Kevin O'Leary Sued for Allegedly Calling Data Center Critics Chinese Proxies on Live TV

Kevin O'Leary is facing a defamation lawsuit after alleging Beijing's involvement in opposing his Utah AI project, causing emotional and financial harm to plaintiffs. Fox News plans to defend itself.

International Business Times UK

Global Market: Citi downgrades South Korea to neutral as AI chip volatility mounts

Citigroup has downgraded South Korea to neutral after a year-long overweight stance, citing heightened volatility in AI-linked chip stocks and stretched valuations. While remaining positive on the long-term AI theme, the brokerage retained an overweight rating on Taiwan and upgraded China, signalling a shift in emerging market positioning.

The Economic Times

Elon Musk's biggest population warning just got a surprising response from China

China introduced strict rules for AI chatbots, preventing emotional dependence. These regulations aim to protect users and encourage real-world relationships. AI companions cannot foster deep emotional attachments or romantic ties with minors. Companies must notify emergency contacts during user emotional crises. This move reflects concerns over declining birth rates and…

The Economic Times

People brave simulated typhoons in China to prepare for real thing

Lvxing Disaster Simulation Training Center in Hangzhou, eastern China, offers a realistic experience of what it is like to be caught up in a typhoon or a flash flood, albeit with the advantage of wearing a wetsuit, a helmet and having a safety instructor to guide you. The center says…

Bangkok Post

Global Market: China stocks rebound as state support boosts sentiment, tech shares remain under pressure

Chinese equities rebounded after steep losses last week as signs of government-backed support lifted investor confidence and sparked buying in traditional sectors. While state intervention helped broader markets recover, technology and semiconductor stocks remained under pressure amid valuation concerns and the global retreat from AI-linked shares.

The Economic Times

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The Economic Times

Global Market: China's securities regulator to meet market participants as state-backed investors step in to support stocks

China's securities regulator will meet market participants to discuss equity market stabilization. State-backed investors are also buying shares to help arrest the decline. The China Securities Regulatory Commission seeks industry feedback on potential policy measures. Chinese equities faced intense pressure last week amid liquidity and geopolitical concerns. Authorities are deploying…

The Economic Times

Global Market: Chinese state-backed funds step in with fresh equity purchases after market sell-off

Chinese state-backed investors China Reform Holdings and China Chengtong have announced fresh equity purchases to stabilise markets after a sharp sell-off. The firms deployed billions of yuan to support share buybacks, SOE stocks and ETFs, as China’s STAR Market Index slumped 25% from its July peak.

Bangkok Post

OnePlus pulls out of US, Europe markets and realme exits China

Smartphone makers OnePlus and realme have announced major market withdrawals, with OnePlus exiting the United States and Europe, while sister brand realme departs mainland China to focus entirely on global markets.

The Economic Times

Taiwan says Chinese vessel activity jumps, raising fears for Pacific supply routes

Taiwan reported a significant increase in Chinese coast guard vessel activity around the island in June. This surge prompted Taipei to plan drills simulating potential Chinese escalations near its Pacific coast. Officials noted that some Chinese vessels are former naval destroyers, posing a heightened threat. The increased activity strains Taiwan's…

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The Conversation

Electric vehicles are built different. Australia needs better data to get the most out of the shift

In 2019, China was a minor player in Australia’s car market. Seven years later, it’s now the biggest supplier of new vehicles overall – including about 80% of Australia’s electric vehicles (EVs). The shift to EVs has accelerated markedly this year amid oil price spikes.

The Economic Times

Global Market: CXMT's $8.6 billion IPO draws strong demand despite cooling enthusiasm for chip stocks

Chinese memory chipmaker CXMT Corp's IPO saw oversubscription by institutional investors. This robust demand highlights continued investor interest in China's semiconductor sector. The company's listing is expected later this month on Shanghai's STAR Market. This event will gauge investor appetite for upcoming technology listings. CXMT is a major global producer…

The Economic Times

ASEAN ministerial talks: Iran war, Myanmar crisis and South China Sea rifts under spotlight

Southeast Asian diplomats are meeting in Manila to discuss escalating Middle East conflicts. They will express alarm over renewed hostilities and urge a return to peace talks. Regional disputes, including Myanmar's civil war and South China Sea tensions, are also on the agenda. US Secretary of State Marco Rubio will…

Bangkok Post

China’s C919 passenger jets to enter service on first international route

The Chinese-made C919 passenger jet will make its first scheduled international flights next month in a significant milestone for the country's ambitions to become self-sufficient in aerospace.

International Business Times UK

China Warns UK Over British Steel Takeover as Beijing Demands Compensation

China demands compensation from the UK after British Steel's nationalisation, citing a breach of the bilateral investment treaty. The UK defends its decision, aiming to protect jobs and steelmaking capacity.

Times Life

How Bar-Headed Geese Cross the Himalayas and What Their Migration Reveals About Altitude Endurance

The route, in numbersBar-headed geese (Anser indicus) breed on the high-altitude lakes of Central Asia, Tibetan plateau, Mongolia, China, and winter on the Indian subcontinent, including the wetlands of Assam, Rajasthan, and the Gangetic plains. Twice a year, they cross the Himalayas. The recorded ceiling for this flight is 7,290…

Times Life

The Atlas Moth Has No Mouth and Its Entire Adult Life Runs on One Tank of Fat

Born already running on emptyWhen the atlas moth breaks out of its cocoon, it has already eaten its last meal, and that meal happened weeks earlier, when it was still a caterpillar. The adult moth has no functional mouth. No digestive system. The structures that would form a feeding apparatus…

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