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The Latest Breaking News from China

Shanghai Composite Index Rose 0.55% on Wednesday

Shenzhen Component Index closed up 0.72%

Caixin Global

ASEAN defense chiefs call for the fighting in Gaza to cease, but they struggle to address Myanmar

Southeast Asian defense ministers called for the fighting in Gaza to cease and for the world to collaborate on setting up humanitarian aid corridors in Gaza, but they struggled on how to address the civil strife in Myanmar

The Independent UK

Taiwan set to dominate talks as Xi meets Biden in San Francisco

Chinese President Xi Jinping will meet US counterpart Joe Biden in San Francisco on Wednesday for the two leaders' first face-to-face meeting following a turbulent 12 months for US-China relations. Taiwan, a long-term source of disagreement between the two nations, is expected to top the agenda.

France 24

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State-sponsored online spies likely to target Australian submarine program, spy agency says

Australia’s digital spy agency says the nation's cooperation with the United States and Britain to develop an Australian fleet of submarines powered by U.S. nuclear technology is a likely target of state-sponsored cyberespionage

The Independent UK

China's economy shows sparks of life, despite persisting weakness in troubled real estate sector

China has reported its economic growth showed more signs of rekindling in October as retail sales and factory output picked up even though the property sector remained sluggish

The Independent UK

Biden aims for improved military relations with China when he meets with Xi

President Joe Biden and Chinese President Xi Jinping are expected to agree to restore some military-to-military communications between their armed forces

The Independent UK

Labor abuse on fishing vessels widespread, with China topping list of offenders, report says

A new report has identified nearly 500 industrial fishing vessels where workers face hazardous, forced conditions sometimes akin to slavery

The Independent UK

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China’s Xi Jinping arrives in US ahead of summit with Joe Biden

Xi is on his first visit to the US in six years as Washington looks to cool tensions with Beijing.

Al Jazeera

China trade ban may be unwrapped in time for Christmas

China could lift punitive trade bans on Australian exports in time for Christmas as the Albanese government works to steady the diplomatic relationship.

AAP

Biden to press Xi to restore military talks after months of radio silence between US and China

Tensions have been raised between the US and China since February’s spy balloon incident

The Independent UK

‘West v rest’ no longer seen as template for global alliances, survey finds

Research in 21 countries suggests a growing ‘a la carte’ approach where states ‘mix and match’ partners on different issues

The Guardian - UK

Biden-Xi meeting: 6 essential reads on what to look out for as US, Chinese leaders hold face-to-face talks

U.S. President Joe Biden sits down with his Chinese counterpart Xi Jinping on Nov. 15, 2023, in the first head-to-head talks between the leaders of the world’s two biggest economies in over a year.

The Conversation

AI: the world is finally starting to regulate artificial intelligence – what to expect from US, EU and China's new laws

Most mainstream applications of artificial intelligence (AI) make use of its ability to crunch large volumes of data, detecting patterns and trends within. The results can help predict the future behaviour of financial markets and city traffic, and even assist doctors to diagnose disease before symptoms appear.

The Conversation

Tesla Increased The Price Of Model 3, Model Y In China

Tesla has applied slight price increases to its refreshed Model 3 and Model Y electric cars in China, but it does not appear to be linked to demand and supply.

InsideEVs

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Foreign Policy

What America’s Top China Commission Is Worried About

Technology, trade, and Taiwan dominate in a new report to Congress.

The Volvo EM90 electric people mover comes with massaging seats, ANC and a roof-mounted screen

Volvo reveals its upcoming EM90 electric MPV, which is available to preorder in China for now.

The Guardian - US

Biden and Xi to announce deal cracking down on fentanyl export

Under deal, China will go after chemical companies to halt flow of fentanyl while US will lift restrictions on forensic police institute

The Conversation

Dreams of a 'broken up' Russia might turn into a nightmare for the West – and an opportunity for China

Do names on a map matter? When they are in border territories, the answer is probably “yes.”

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Wallpaper

Volvo EM90 is the brand’s all-electric first foray into the Multi-Purpose Vehicle

So far only China will get the new Volvo EM90 MPV; we think it has global potential

Zenger

Tesla’s China Sales Struggle Despite Model 3 Refresh

Insurance registrations show no respite as sales stutter in key market

Barchart

Stock Index Futures Tread Water as Investors Await U.S. Inflation Data

December S&P 500 futures (ESZ23) are up +0.07%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.20% this morning as market participants geared up for a key U.S. consumer inflation report that could provide additional insight into the Federal Reserve’s monetary policy outlook.

Barchart

Stock Index Futures Climb as Investors Await U.S. Inflation Data

December S&P 500 futures (ESZ23) are up +0.16%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.32% this morning as market participants geared up for a key U.S. consumer inflation report that could provide additional insight into the Federal Reserve’s monetary policy outlook.

WEKU

Biden and Xi are meeting for the first time in a year. Here are 5 things to watch

From Taiwan to fentanyl, President Biden and China's leader Xi Jinping have plenty to sort through when the two meet face-to-face for the first time in a year.

Foreign Policy

Don’t Expect Much From Biden and Xi

Having nothing to write home about would be the preferred outcome for both sides.

Fortune

India is nearing China as the U.S.'s largest source of international students, as enrolment comes close to pre-pandemic levels

The U.S. had 1.06 million international students enrolled in the 2022-2023 academic year, an 11.5% increase and close to the 1.1 million recorded in 2019.

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