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The Latest Breaking News from China

The CEO behind nearly 10,000 KFCs in China explains the country’s consumption slump: A 'psychological' consequence of COVID-zero

“We can understand why people became rather cautious and rational with their spending,” Yum China CEO Joey Wat said at the Fortune Global Forum in Abu Dhabi.

Fortune

Charlie Munger, legendary investor and Warren Buffett’s deputy at Berkshire Hathaway, dies at 99

The legendary investor was known for straight talk and a skepticism of the professional finance industry.

Fortune

Ed Yardeni says China’s aging population could make it ‘the world’s largest nursing home’—and the resulting economic depression may help the U.S.

“China’s economy is in a property-led and fertility-led depression,” Yardeni wrote, adding that this “benefits countries that import Chinese goods at depressed prices.”

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Why are these young Chinese graduates working as street vendors?

The unemployment rate for 16 to 24-year-olds in Chinese cities hit a record high of 21.3% in June. There are no figures since then, because the government decided to stop announcing them. With white-collar jobs hard to come by, more and more young graduates are taking jobs as street vendors.…

France 24

How High Can Nvidia Stock Rise in the 'Second Wave' of AI?

Chip designer Nvidia has reaped the benefits of the first artificial intelligence wave of 2023, rising an incredible 228% so far. With the second wave of AI underway, and following strong Q3 results, Wall Street sees the stock soaring higher.

Barchart

Pneumonia precautions: Health Department issues circular and advisory to public

The Karnataka Health Department has issued an advisory to the public and a circular based on the COVID-19 Technical Advisory Committee (TAC) recommendation to avert a surge in pneumonia cases in light of the reported rise in cases of the respiratory illness in China.

The Hindu

Navy clash, detained Aussie raised with Chinese envoy

A Chinese delegation, including a top diplomat, has held meetings with Australian parliamentary leaders after a public stoush over a naval incident.

AAP

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‌Warren Buffett-Backed BYD Hits 6M EVs, Puts Pressure On Tesla In China‌

Chinese electric vehicle giant BYD achieves remarkable growth, outpacing Tesla in NEV production.

Zenger

OnePlus 12 smartphone: Specs, features, design, release date, price

The flagship OnePlus 12 goes on sale in China next week and we have some details about it already

Evening Standard

Lotus' 450 kW DC Charger Can Add 89 Miles Of Range In Five Minutes

The powerful liquid-cooled DC fast charger is already available in China and will arrive in Europe and the Middle East in Q2 2024.

InsideEVs

War on Pause

Plus: Disease in China, botched Reagan quotes, modern racial segregation, and more...

Reason

China influencing leading British universities, documentary claims

Channel 4’s Dispatches claims University of Nottingham closed school under Beijing pressure and Imperial College professor collaborated on AI

The Guardian - UK

China Appoints New Party Chief of Top Tax Authority

Hu Jinglin, a former vice finance minister, succeeds Wang Jun at the State Taxation Administration

Caixin Global

Stock Index Futures Mixed as Momentum Stalls, U.S. Economic Data in Focus

December S&P 500 futures (ESZ23) are down -0.01%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.03% this morning as investors awaited a new round of U.S. economic data and speeches from Fed officials.

Barchart

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news in one place.

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Barchart

Stock Index Futures Drop as Momentum Stalls, U.S. Economic Data in Focus

December S&P 500 futures (ESZ23) are down -0.19%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.20% this morning as investors awaited a new round of U.S. economic data and speeches from Fed officials.

The Independent UK

China warns Australia to act prudently in naval operations in the South China Sea

A visiting Chinese official has warned Australia to act with “great prudence” in deploying warships in the South China Sea after a recent confrontation between the two navies

France 24

Tesla battles against Swedish labour market model

Amid an ongoing strike by its mechanics in Sweden over a refusal to sign a collective wage agreement, Tesla has also filed a lawsuit against the country's postal workers. They have blocked deliveries of licence plates for its new cars, in solidarity with workers at the electric vehicle maker. Also…

The Independent UK

China is battling a wave of respiratory illness in children. Scientists are rushing to find out why

Experts say ‘no evidence’ yet to suggest a new virus is to blame for reports of ‘undiagnosed pneumonia’

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news in one place.

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Motor1

Brand New 2012 VW Santana Sedans Found Abandoned In Chinese Warehouse

These cars still have their pre-delivery seat protection.

International Business Times

India Looking At Finalizing Deal For MQ-9B Predator Drones From US

As part of the landmark deal, India will procure 31 MQ-9B Predator drones from the U.S. under a government-to-government framework to amp up the Indian armed forces' surveillance apparatus, especially along the contested Line of Actual Control with China.

International Business Times

Xi Says China Must Protect Foreign Firms' Rights, Intellectual Property

Chinese leader Xi Jinping has ordered greater protection for international firms' rights and intellectual property, state media reported Tuesday, as Beijing works to lure in foreign companies spooked by a crackdown and an ailing economy.

International Business Times

China Athletes As Young As Seven In Military Training To 'Create Iron Army'

Hundreds of athletes as young as seven are undergoing military training in Shanghai designed to instill discipline and "good fighting ability", the Chinese city said.

The Hindu

Indian drug manufacturers benefit from Big Pharma interest beyond China

Drugmakers shift reliance from China to India, benefiting Indian CDMOs. Western pharma companies are seeking to limit reliance on Chinese contractors, leading to increased interest in Indian CDMOs.

The Independent UK

127 Malaysians, suspected to be victims of job scams, rescued from Myanmar fighting

Malaysia's government says more than 120 suspected victims of job scams have been rescued after being stranded by fighting in northern Myanmar between the military and armed ethnic groups

Dynamite News

'No threat to India from China respiratory infections', Says Dr Neeraj K Gupta, Pulmonary Head Safdarjung Hospital

Dr Gupta urged people not to become complacent and should remain vigilant, especially by wearing masks and avoiding too much of social gatherings. Read further on Dynamite News:

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