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The Latest Breaking News from China

Despite domestic political turmoil, Pakistan is well placed to boost regional integration

Pakistan is showing clear signs of economic and political crisis. Inflation was recently almost 38%, and the country faces a debt crunch as it tries to manage its trade deficit with the rest of the world. Talks with the IMF over emergency loans have dragged on for months.

The Conversation

Intel calls off $5.4b Tower deal after failing to obtain regulatory approvals

Intel is terminating a $5.4 billion agreement to acquire Israeli chip manufacturer Tower Semiconductor after China failed to sign off on the deal amid deteriorating US-China relations

The Independent UK

India and China pledge to maintain ‘peace and tranquility’ along border

In a statement, Beijing and New Delhi say they have ‘agreed to resolve the remaining issues in an expeditious manner’.

Al Jazeera

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Kenya and the US are negotiating a trade deal that could be a model for Africa - but its position on workers needs a rethink

The US and Kenya announced a trade and investment partnership in July 2022. Talks have been progressing on the way forward in nine areas, including agriculture, anti-corruption, digital trade, environment and climate change action, and workers’ rights and protections.

The Conversation

China's economic woes keep getting worse. Here's why

China has seen a series of disappointing economic data this year. UBS' Tao Wang explains what went wrong with the anticipated recovery after China's tough COVID restrictions, and what could come next.

WEKU

2025 Kia EV5 Electric SUV Leaked In China, Stays True To Concept

The China-spec Kia EV5 is powered by an LFP (lithium-iron-phosphate) Blade battery from BYD and features a 215-horsepower rear-mounted electric motor.

InsideEVs

Congress lashes out at government over border issue with China

The Congress targeted the Modi government over the border situation with China, following the two-day military talks between India and China

The Hindu

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Chandrayaan-3: A week away from scheduled landing on Moon's surface

With the launch of Chandrayaan-3, the Indian Space Research Organisation (ISRO) is embarking to achieve a successful soft landing on the Moon. India aims to become the fourth country in the world to achieve this feat, joining the ranks of the United States, Russia, and China. Read further on Dynamite…

Dynamite News

Shanghai Composite Index Fell 0.82% on Wednesday

Shenzhen Component Index closed down 0.94%

Caixin Global

Germany, Spain in contest for $4.8 billion Indian submarine deal

NEW DELHI: Two European defense manufacturing giants are seeking to win a 400 billion rupee ($4.8 billion) order to build submarines in India as the South Asian nation looks to strengthen its navy to counter China’s expanding naval presence in the Indo-Pacific region.

The Times of India

Stock market today: Asia shares decline as faltering Chinese economy sets off global slide

Asian shares have declined amid worries over discouraging data on China, as well as over the future of the U.S. economy

The Independent UK

India and China pledge to maintain 'peace and tranquility' along disputed border despite tensions

Chinese and Indian military commanders have pledged to “maintain the peace and tranquility” along their disputed border in an apparent effort to stabilize the situation following a rise in tensions

The Independent UK

Apple supplier Foxconn begins iPhone 15 production in India

CHENNAI: Apple Inc’s next-generation iPhone 15 is beginning production in Tamil Nadu, in an effort to further narrow the gap between its India operations and main manufacturing base in China.

The Times of India

Taiwan VP says China military action to US stopover would be interference

Self-ruled island that Beijing claims as its own is due to go to the polls in January with VP Lai the frontrunner.

Al Jazeera

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news in one place.

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The Times of India

Banks slash China economic growth forecasts

BEIJING: For the second straight month, a slew of disappointing economic data from China spurred investment banks around the world to cut their 2023 growth outlook.

The Times of India

China is hiding more and more data from the rest of the world

BEIJING: China’s abrupt decision to pause releasing data on its soaring youth jobless rate this week was the latest sign the Asian giant is increasingly restricting sensitive information — especially when it’s unflattering to the nation’s faltering economy.

The Conversation

New data reveal US space economy's output is shrinking – an economist explains in 3 charts

The space industry has changed dramatically since the Apollo program put men on the moon in the late 1960s.

The Guardian - AU

Janet Yellen inadvertently ate hallucinogenic mushrooms in China – and started a trend

‘I was not aware that these mushrooms had hallucinogenic properties. I learned that later,’ the US Treasury secretary told CNN

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The Hindu

Morning Digest | Rain fury claims more lives in Himachal and Uttarakhand; India and China agree to resolve LAC issues, and more

Read a daily selection of top stories from across India and the world by The Hindu to start your day

The Independent UK

Janet Yellen admits ‘enjoying’ hallucinogenic mushrooms on China visit

Treasury Secretary caused flood of orders for mushroom delicacy

Al Jazeera

North Korea protests UN Security Council meeting on human rights record

The US says its plan to hold a meeting on rights abuses will move forward despite protests from North Korea and China.

InsideEVs

2024 Cadillac Optiq AWD Uncovered As The Lyriq's Sidekick In China

China's Ministry of Industry and Information Technology posted the first photos and specifications of the Cadillac Optiq, the Lyriq's slightly smaller sibling.

Al Jazeera

Santiago Peña takes office as Paraguay’s president with pro-Taiwan message

The conservative politician’s election continued a nearly unbroken streak for the Colorado Party, in power since 1947.

Barchart

2 Chinese Stocks to Buy Now, Despite Economic Growth Concerns

While China's economic growth has disappointed in 2023, Alibaba and Xpeng Motors are two attractively priced Chinese stocks worth buying at current levels.

The Independent UK

American industrial icon US Steel is on the verge of being absorbed as industry consolidates further

United States Steel Corp. seems poised to be soon purchased by a competitor, with two bidders revealed in a matter of days and more in the wings

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