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The Latest Breaking News from China

New US rules, aimed at curbing China, could limit tax credits for electric vehicles

The Biden administration has proposed new rules that could make it harder for electric vehicles to qualify for a full $7,500 federal tax credit

The Independent UK

Stock Index Futures Slip Ahead of Powell Comments, U.S. PMI Data in Focus

December S&P 500 futures (ESZ23) are down -0.20%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.32% this morning as investors looked ahead to comments from Fed Chair Jerome Powell for more clues about the path of interest rates, while also gearing up for U.S. factory activity data.

Barchart

China's Chang'e 5 moon samples, beyond NASA's reach for years, are finally available to US scientists

For the first time, NASA-funded researchers can apply for access to lunar samples collected by China's Chang'e-5 mission.

Space

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‘Rock star of an animal’: Edinburgh zoo’s pandas to return to China

After 12 years in Scotland, pandas to fly home amid ongoing dispute about purpose of zoos and ethics of China’s panda diplomacy

The Guardian - UK

Stock Index Futures Tread Water Ahead of Powell Comments, U.S. PMI Data in Focus

December S&P 500 futures (ESZ23) are up +0.04%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.10% this morning as investors looked ahead to comments from Fed Chair Jerome Powell for more clues about the path of interest rates, while also gearing up for U.S. factory activity data.

Barchart

Exit from Edinburgh zoo may signal end to era of China’s panda diplomacy

Beijing’s strained relations with the west are less easily mollified by loans of cuddly endangered bears

The Guardian - UK

Stock Index Futures Tread Water Ahead of Powell Speech, U.S. PMI Data in Focus

Barchart

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Fears raised after Hong Kong journalist fails to return from China trip

Minnie Chan has reportedly been out of contact since travelling to Xiangshan Forum a month ago

The Guardian - UK

Stock Index Futures Tread Water Ahead of Powell Speech

December S&P 500 futures (ESZ23) are up +0.07%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.05% this morning as investors looked ahead to comments from Fed Chair Jerome Powell for more clues about the path of interest rates.

Barchart

FTSE 100 Live: Nationwide House Price Index up for third straight month, blue-chip shares close up 1%

Gold and bitcoin were in focus today as prices jumped in dealings linked to speculation over the outlook for US interest rate cuts.

Evening Standard

At climate summit, nations want more from the U.S.: 'There's just a trust deficit'

The United States looms large at the COP28 climate summit in Dubai. Historically, it's responsible for more greenhouse gas emissions than any other nation. But it's also key for major breakthroughs.

WEKU

‘Aura of credibility’: why Democrats and elites revere Kissinger despite war crimes allegations

The enduring fealty of Democrats to the late Republican has baffled many progressives

The Guardian - US

Success is not guaranteed for the USWNT. Just ask China’s Steel Roses

Before a World Cup defeat to the US in the 90s, Chinese women’s soccer was a powerhouse. Now, the nation is plotting for greater success in the 2030s

The Guardian - US

PwC employees cheating on tests in China just cost the auditing firm $7 million in U.S. fines

U.S. regulators alleged that PwC's employees in mainland China and Hong Kong shared answers on exams meant to test knowledge of U.S. auditing practices.

Fortune

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The Independent UK

Philippines opens a coast guard surveillance base in the South China Sea to watch Chinese vessels

The Philippine coast guard has opened a new surveillance base on a remote island occupied by Filipino forces in the disputed South China Sea as Manila ramps up efforts to counter China’s increasingly aggressive actions in the strategic waterway

Tom’s Guide

OnePlus 12 — 5 big questions we have before the launch

OnePlus reveals plenty about phones ahead of their launch, and the OnePlus 12 is no different. Yet, with the phone coming to China next week, we still have questions about the OnePlus 12.

The Guardian - UK

Chinese prisoner’s ID card apparently found in lining of Regatta coat

UK brand says investigation shows individual was paid employee, not inmate, as Derbyshire customer raises concern over prison labour [update - see footnote]

Tom’s Guide

8 countries with the strictest VPN laws

Not all countries allow VPN use within their borders. Here are the 8 major countries where VPNs are illegal or under heavy surveillance.

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Caixin Global

Shanghai Composite Index Rose 0.06% on Friday

Shenzhen Component Index closed down 0.07%

Medical Daily

Ohio Reports 'Large Uptick' In Child Pneumonia Cases; Officials Say Outbreak Not Linked To China

A total of 142 cases of pediatric pneumonia have been reported in Warren County, surpassing the county average, the Ohio Department of Health revealed.

Al Jazeera

Hong Kong journalist reported missing after trip to China

Kyodo News says South China Morning Post reporter Minnie Chan became unreachable after attending forum in late October.

Al Jazeera

Meta shuts 4,800 accounts over alleged China-based influence operation

Tech giant says it has dismantled five China-based networks of fake accounts so far this year.

The Independent UK

Myanmar's military is losing ground against coordinated nationwide attacks, buoying opposition hopes

A major offensive against Myanmar’s military-run government by an alliance of three militias of ethnic minorities has been moving at lightning speed, inspiring resistance forces around the country to attack

WEKU

Federal judge blocks Montana's TikTok ban before it takes effect

The law is seen an important test case. More than a dozen other states are weighing similar bans of the wildly popular video-streaming app, which is owned by a Chinese tech company.

International Business Times

Biden Meets Angolan Leader As US Aims To Counter China In Africa

President Joe Biden and his Angolan counterpart Joao Lourenco met at the White House on Thursday to discuss infrastructure and regional security, as the United States seeks to counter China's growing influence in Africa.

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