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The Latest Breaking News from China

Stocks Tread Water Before the Open as Fed Rate Decision Looms, U.S. PPI Data in Focus

December S&P 500 futures (ESZ23) are up +0.06%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.11% this morning as investors geared up for the Federal Reserve’s last interest rate decision of the year while also awaiting the release of key U.S. PPI data.

Barchart

There's a 'silver lining' to China's 'deflationary cloud'—they can 'export' lower prices to the West in a win-win scenario, according to Société Générale's Albert Edwards

“The ‘West’ wants lower inflation, while China (and Japan) wants higher inflation. There is a deal to be done and maybe all parties can benefit," Edwards wrote.

Fortune

Billionaire tech investor Vinod Khosla is more worried about China than 'sentient AI killing us'

Speakers at Fortune's Brainstorm AI conference implied that we are at the dawn of an extraordinary new era…but one with great potential for good and ill.

Fortune

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Singapore Bids Farewell To China-bound Panda Cub

Singaporeans bid farewell to a two-year-old panda cub on Wednesday as authorities prepared to send him to China where he will join the country's breeding program.

International Business Times

China-made C919, ARJ21 passenger jets on display in Hong Kong

Chinese aerospace company COMAC has showcased its domestically-developed C919 passenger jet in Hong Kong, giving officials and media a close-up look at the narrow-bodied aircraft

The Independent UK

Shanghai Composite Index Fell 1.15% on Wednesday

Shenzhen Component Index closed down 1.54%

Caixin Global

China's Xi meets with Vietnamese prime minister on second day of visit to shore up ties

Chinese leader Xi Jinping has met with Vietnam’s prime minister and the head of the country’s National Assembly on the second day of his visit to shore up Beijing’s relationship with Hanoi

The Independent UK

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Snow closes schools and highways in northern China for the second time this week

Schools and highways have been closed and some train services suspended as a snowstorm hits parts of northern and central China for the second time this week

The Independent UK

Australia denounces Chinese aggression on high seas

Recent actions by Chinese vessels in the disputed South China Sea have been described as unsafe and unprofessional by Australia's defence minister.

AAP

China Shows Off Homegrown C919 Jet In Hong Kong

China's new domestically produced passenger jet made its debut outside the mainland on Wednesday, with international media in Hong Kong getting their first up-close look.

International Business Times

Legendary Silicon Valley investor Vinod Khosla says the existential risk of sentient AI killing us is ‘not worthy of conversation’

The longtime Silicon Valley investor says that "doomers are worried about the wrong risks" when it comes to AI. We should be worried about China, not sentient AI.

Fortune

House panel urges tougher trade rules for China, raising chance of more tariffs if Congress agrees

A special House committee focused on China is calling for altering the way the U.S. treats Chinese-made goods, possibly subjecting them to higher tariffs and risking increased economic tensions between the two economic superpowers

The Independent UK

China’s fears over the economy and its Gen Z 'lying flat' have it worried about social media posts with a bad attitude

Its internet censorship agency issued new rules to ban content that promotes “pessimism” about the country’s economy.

Fortune

IMF Resumes Sri Lanka Bailout After China's Debt Deal

The International Monetary Fund announced on Tuesday it is reviving its $2.9 billion bailout for Sri Lanka after the South Asian nation clinched a debt restructure deal with its largest single lender China.

International Business Times

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The Conversation

China-Africa relations in 2023: key moments and events to remember

In a year when headlines have been dominated by conflict in Europe and the Middle East, and geo-economic tensions between China and the West, China-Africa relations were, in comparison, a steady and stable norm.

Space

China lofts Yaogan spy satellites on 500th Long March rocket launch (video)

A fifth group of three Yaogan-39 satellites launched over the weekend, on a mission that marked the 500th liftoff for China's Long March family of rockets.

InsideEVs

What's At Stake If America Backs Off In The EV Race

Between the NACS revolution and the election, 2024 could be a "wait and see" year for EV adoption and development.

Barchart

Markets Today: Stocks Gain on Friendly U.S Nov CPI Report

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are up +0.17%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +0.31%. Stock index futures this morning are moderately higher after the U.S. Nov CPI report matched expectations and eased slightly, bolstering speculation the Fed will start cutting interest...

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The Independent UK

Chinese leaders consider next steps for economy as debt and deflation cloud outlook for coming year

State media say Chinese leaders have wrapped up a two-day annual meeting to set economic priorities for the coming year

InsideEVs

China Hit Record 1 Million Plug-In Vehicle Wholesale Sales In A Month

The month of November has brought a spectacular record of more than one million New Energy Vehicle wholesale sales in China for the very first time in history.

International Business Times

The Season Of Giving Shouldn't Extend To American Innovation

Unfortunately, the Biden administration might be embracing the giving spirit a little too much.

TechRadar

Cyber attacks against key US infrastructure continue, but this time its China

Hostile actors are once again targeting the US, and this time China is preparing for war

Fortune

Biden and American business must mobilize for the economic conflict with China

Winning this economic struggle will require transformative action from both Washington and corporate America.

Fortune

'Cold War II' could wipe trillions from global economy, IMF says

The group says $7 trillion worth of GDP could be lost to a new Cold War, undoing progress since the fall of the Soviet Union.

Caixin Global

Standard Chartered China Unit Gets Securities Business License

The Beijing-based brokerage house expects to open early next year with an initial focus on fixed income

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