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The Latest Breaking News from China

Shanghai added, Hyderabad retained as Formula E reveals full 2024 calendar

The Shanghai International Circuit will play host to rounds 12 and 13 on 25-26 May, just over five years after FE last visited China with a race on the island city of Sanya.

Motorsport

Fukushima fish tested for first time since nuclear plant water release

Fukushima Daiichi started releasing wastewater into the sea on August 24

The Independent UK

Markets Today: Stocks Move Lower on Higher Bond Yields

Morning Markets The S&P 500 Index ( $SPX ) ( SPY ) is down -0.34%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is down -0.44%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is down -0.14%. Stock index futures this morning are moderately...

Barchart

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China is building up its nuclear weapons arsenal faster than previous projections, a US report says

A Pentagon report on China’s military power says Beijing is on track to significantly increase its nuclear weapons arsenal by 2030 and is “almost certainly” learning lessons from Russia’s war in Ukraine about what a conflict over Taiwan might look like

The Independent UK

Alibaba (BABA) and NetEase (NTES): Is It Time to Invest in These China Stocks?

China’s faster-than-expected GDP growth in the third quarter and solid consumption and industrial activity last month showed economic recovery gaining traction amid a recent flurry of stimulus measures. So, let’s find out if it is the right time to invest in Chinese stocks Alibaba Group (BABA) and NetEase (NTES). Continue…

StockNews.com

Markets Today: Stocks Climb on Positive Earnings Results Despite Higher Bond Yields

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are up +0.10%, and the Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +0.31%. Stock index futures this morning are moderately higher on some better-than-expected corporate earnings results. Netflix is up more than +12% in pre-market trading after it reported...

Barchart

China’s Country Garden risks default after ‘missing bond payment’

Property developer denies claims founder and chair have left country amid reports it missed key deadline

The Guardian - UK

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Macau is back as the world's top gambling hub—and casino companies like Las Vegas Sands are starting to reap the rewards

Casino operator Las Vegas Sands—which, despite the name, no longer has resorts in Vegas—credited a boom in Asian travel for better-than-expected revenue.

Fortune

IAEA team gathers marine samples near Fukushima as treated radioactive water is released into sea

An International Atomic Energy Agency team is in Fukushima for the agency's first marine sampling since treated radioactive wastewater started being released from the area's damaged nuclear plant into the sea

The Independent UK

Nestle shuts baby milk factory in Ireland because of falling Chinese birth rate

Over 540 workers will be placed at risk of redundancy

The Independent UK

The U.S. and Europe Need to Get Their Act Together on China

The West has wasted precious time in developing a common strategy.

Foreign Policy

Shanghai Composite Index Fell 1.74% on Thursday

Shenzhen Component Index closed down 1.65%

Caixin Global

QJMotor Wants To Electrify Your Daily Commute With New TQ Scooter

Chinese manufacturer QJMotor adds to its electric portfolio with the launch of the TQ electric scooter in China.

RideApart

Australians told ‘do not travel’ to Lebanon – as it happened

This blog is now closed.

The Guardian - AU

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Radio France Internationale

China marks ten years of Belt & Road forum, though interest is waning

Beijing will inject over $100 billion of new funding into its Belt and Road initiative (BRI), China's President Xi Jinping said Wednesday at a summit marking the vast infrastructure project's tenth anniversary.

The Hindu

The BRI at 10, some hits, many misses

Many issues have tarnished the reputation of brand Belt and Road Initiative, as there are perceptions that it is a win for China twice over at the cost of other stakeholders

The Independent UK

China’s Xi warns West against cutting ties as he welcomes ‘dear friend’ Putin to Beijing

‘We stand against unilateral sanctions and economic coercion’

The Guardian - UK

Joe Biden’s peace mission to Israel exposed the limits of US global influence

The stakes couldn’t be higher. A wider war in the Middle East could embolden Russia in Ukraine and encourage China over Taiwan, says Guardian columnist Martin Kettle

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news in one place.

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AAP

South Korea-Australia ink new defence co-operation deal

The Australian and South Korean armies, navies and air forces will conduct more complex military drills together after defence ministers signed a new agreement.

Barchart

Beyond Nvidia: Avoid These At-Risk Chip Stocks as U.S.-China Tensions Rise

Chip stocks fell yesterday after the U.S. Commerce Department announced new restrictions on exports of high-end AI chips to China. However, while Nvidia appears to be the hardest hit by this latest move, other companies could also stand to lose significantly if the chip war escalates.

Evening Standard

What is the Belt and Road initiative? Vladimir Putin attends summit in Beijing with Xi Jinping

More than 130 nations are represented at 10-year anniversary event of global project aimed at increasing China's influence worldwide

The Independent UK

European delegates walk out of China-led international summit as Vladimir Putin starts speaking

Russian leader and China’s President Xi Jinping spoke out against the West in their speeches

Barchart

Markets Today: Stocks Slip on Set-Back in Diplomatic Efforts to Contain Israel-Hamas Conflict

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.48%, and the Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.67%. Stock index futures this morning are moderately lower on this morning’s weaker-than-expected U.S. housing starts report. Also, risks of an escalation in the Israeli-Hamas war weighed...

Fortune

Nvidia thought it found a way around U.S. export bans of AI chips to China—now Biden is closing the loophole

Billionaire founder Jensen Huang can no longer sell two lucrative chips specially designed for the Chinese market, because they might help boost its military capabilities.

Al Jazeera

China’s Xi warns West against economic ‘decoupling’

The Chinese president praised his 10-year Belt and Road Initiative at an international forum celebrating the project.

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