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The Latest Breaking News from China

NetEase Continues to Soar Despite China’s Economic Uncertainty

Shares of China’s NetEase (NTES ) climbed to a nearly 1-year high Monday and may be poised to move even higher after the company released new online games that ranked among the country's top three highest grossing video games. Since posting a 3-1/2 year low last October, NetEase has soared...

Barchart

'The corpse of Bitcoin': Crypto skeptic's appointment to central bank casts doubt on China warming to digital assets

The move is seen as a setback for those hoping that China could soon change its stance on crypto.

Fortune

Stocks Mixed as Broader Marker Weighed Down by Global Economic Concerns

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is +0.32%. Stocks this morning are mixed, with the Nasdaq 100 climbing...

Barchart

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This new smartphone has more RAM and storage than a MacBook Air

The Nubia Red Magic 8S Pro and Pro Plus gaming phones have just made their debut in China, offering up to a whopping 1TB of RAM and 24GB of storage.

TechRadar

HK arrests four accused of aiding overseas activists

HONG KONG: Hong Kong national security police on Wednesday arrested four men it accused of supporting overseas dissidents and of advocating for independence from China, two days after issuing warrants and bounties against several foreign-based activists.

Bangkok Post

10th Cir. Narrowly Reads "Injury Litigated Against Would Be Incurred" Basis for Pseudonymous Litigation

The court concludes that this justification doesn't generally let plaintiffs sue pseudonymously in libel or disclosure of private facts that seek damages.

Reason

Kremlin denies China’s president urged Putin not to use nuclear arms in Ukraine

Xi Jinping reportedly warned Russian counterpart against using such weapons on visit to Moscow in March

The Guardian - UK

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Markets Today: Stocks Under Pressure on Weak Chinese Economic News

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.52%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.61%. U.S. stock index futures this morning are moderately lower. Global stocks are under pressure today after weaker-than-expected news on China’s services industry sparked concerns about...

Barchart

15 dead, 4 missing due to torrential rains in China's Chongqing

The latest round of torrential rains since Monday had killed 15 people and left four others missing in southwest China's Chongqing Municipality as of 7 am on Wednesday, state news agency (Xinhua) reported. Read further on Dynamite News:

Dynamite News

'Global China' is a big part of Latin America’s renewable energy boom, but homegrown industries and 'frugal innovation' are key

The story of renewable energy’s rapid rise in Latin America often focuses on Chinese influence, and for good reason. China’s government, banks and companies have propelled the continent’s energy transition, with about 90% of all wind and solar technologies installed there produced by Chinese companies. China’s State Grid now controls…

The Conversation

Nubia's latest RedMagic gaming phones put your PCs to shame with massive RAM

Nubia has unveiled the first smartphone with 24GB of RAM, priced at 7,499 yuan in China, or approximately $1,035.

Android Central

China cancels visit from EU foreign policy chief Josep Borrell

Representatives from the EU and China were expected to discuss trade and the war in Ukraine during next week’s meeting.

Al Jazeera

Here’s A Yassified Explainer On The Nine-Dash Line And Why Vietnam Has Banned The Barbie Movie

Calling all international relations bimbos and himbos.

Pedestrian.tv

Can the Shanghai club act as a counterweight to NATO?

China's Xi Jinping has urged the leaders of Russia, Iran and other Shanghai Alliance states on Tuesday to boost ties and resist sanctions, as Vladimir Putin thanked the bloc for support during a failed Wagner rebellion.

Radio France Internationale

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Zenger

Xi Jinping Personally Warned Putin Against Using Nuclear Weapons In Ukraine

The Chinese leader conveyed his message in a face-to-face meeting with the Russian president, Western and Chinese officials say.

Caixin Global

China’s Summer Travel Forecast to Surpass Pre-Covid Levels

The volume of trips made via train and air is expected to top 2019 numbers, according to official estimates, in a positive sign for China’s domestic consumption recovery

The Guardian - UK

First Thing: Biden decries gun violence as shootings across US mar Fourth of July festivities

At least 15 people killed in mass shootings so far on the holiday weekend. Plus, the trauma of Cary Grant

Barchart

S&P Futures Plunge Ahead of FOMC Meeting Minutes, China Growth Concerns Weigh on Sentiment

September S&P 500 futures (ESU23) are trending down -0.42% this morning as market participants assessed the latest signs of China’s faltering economic recovery while awaiting the release of the Federal Reserve’s June policy meeting minutes.

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The Independent UK

China and the EU at odds over top diplomat’s visit, cancellation at the last minute

The European Union says China has abruptly cancelled a visit by the EU's top diplomat for unspecified reasons

The Independent UK

China dismisses criticism of top diplomat's comments appearing to push for race-based alliance

China is dismissing criticism of racially tinged comments by its top diplomat

The Guardian - UK

UK Hong Kong scheme ‘funding charity with links to Chinese Communist party’

Community groups accuse leadership of Wai Yin Society of having ‘unusually close’ ties with CCP

Bangkok Post

15 dead as storms lash southwest China

BEIJING: Fifteen people died and four were missing after torrential rain lashed the metropolis of Chongqing and parts of southwestern China, local officials and state media said on Wednesday.

Caixin Global

Shanghai Composite Index Fell 0.69% on Wednesday

Shenzhen Component Index closed down 0.91%

The Independent UK

15 killed by floods in southwestern China as seasonal torrents hit mountain areas

Authorities say floods have killed 15 people in southwestern China as seasonal torrents hit mountain areas

The Hindu

Indian rowing squad for 2023 Asian Games announced

Olympians Arjun Lal Jat and Arvind Singh are among the names included in the Indian rowing team for the Asian Games 2023, set to be held in September-October this year in China, reported olympics.com on July 5. The team was announced following the trials held at Army Rowing Node in…

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