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The Latest Breaking News from China

Vietnam tried to plant spyware on the phones of US politicians, report says

US leaders were targeted with phishing links amid negotiations with Vietnam on anti-China pact

The Independent UK

Deliveries Of 1,224 HP GAC Aion Hyper SSR Begin In China

Aion claims the Hyper SSR can deliver 1224 horsepower and 8,850 pound-feet of torque at the wheel, thanks to three electric motors.

InsideEVs

Why Is Nio Losing $35K Per Car As Chinese Imports To Europe Surge?

With the Chinese state providing them with virtually limitless cash, Nio and other Chinese EV makers can withstand big losses and keep growing.

InsideEVs

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Tesla China-Made EV Wholesale Sales Decreased In September 2023

In September, the overall wholesale vehicle shipments (local retail sales and export) of Tesla Made-in-China (MIC) cars decreased for the first time this year.

InsideEVs

European luxury stocks may not have shaken off the impact of economic pressures just yet as a key index that tracks the top 10 luxury stocks declined the most in a quarter since 2020

The luxury stock index, which includes LVMH, Ferrari and Richemont, is under pressure due to tighter consumer spending globally—especially in China.

Fortune

Chinese programmer ordered to pay 1m yuan for using virtual private network

Police confiscate ‘illegal income’ of developer deemed to have used ‘unauthorised channels’ to connect to international networks

The Guardian - UK

Stocks Set to Open Lower as Investors Await U.S. Inflation Data and FOMC Minutes, Oil Soars on Middle East Conflict

December S&P 500 futures (ESZ23) are down -0.59%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.68% this morning as the military conflict in the Middle East dampened risk appetite, while market participants looked ahead to the release of U.S. inflation data and the minutes of the Federal Reserve’s…

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Evacuations ordered as remnants of Typhoon Koinu hit southern China

People have been moved to shelters and nearly 2,000 boats recalled to port as the remnants of Typhoon Koinu hit southern China after leaving one dead and over 300 injured in Taiwan

The Independent UK

Chuck Schumer criticises China’s reaction to Israel attack during US Congress visit to Beijing

Schumer says Beijing’s statement showed ‘no sympathy or support for Israel’

The Independent UK

Tesla's China sales are falling compared to its rival BYD—and the drop could have been worse without its price war

Tesla sold 10% fewer cars in China last month than the same period a year earlier, according to new data from the China Passenger Car Association.

Fortune

Delhi HC reserves order as NewsClick founder insists ‘not a penny from China’

The Delhi High Court on Monday reserved its order in the petitions moved by NewsClick founder Prabir Purkayastha and HR head Amit Chakraborty against their police remand in a UAPA case, LiveLaw reported.

Newslaundry

Shanghai Composite Index Fell 0.44% on Monday

Shenzhen Component Index finished nearly flat

Caixin Global

Foreign aid and press freedom: A history of suspicions and silver linings

The NewsClick searches have left public opinion cleaved between the excessive nature of the police action and suspicion surrounding allegations of Chinese funding. The Indian media, too, seems to be a divided house, with one section trying to portray journalists linked to the portal as “Chinese Jaichands”.

Newslaundry

Afternoon Update: Australia urges restraint in Israel-Palestine; Services Australia staff strike; and China’s shift away from the west

The Australian government has urged for civilian lives to be protected during Israel-Palestine conflict

The Guardian - AU

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The Independent UK

The Asian Games wrap up, with China dominating the medal count

The Asian Games wrapped up Sunday with China dominating the medal count, followed by Japan and South Korea. China has traditionally been strong in the event and it was again, taking advantage of being at home in the eastern city of Hangzhou.

AAP

Asia-Pacific disputes may spark 'kindling for conflict'

India is increasing its collaboration with Australia in a bid to bolster its own security, a former national security advisor says.

AAP

Concern China help would spark 'over-reaction': Timor

East Timor's president says China expressed concern that helping the island nation develop military infrastructure would spark an "over-reaction" in Australia.

The Guardian - AU

Xi Jinping’s wants a ‘multipolar world’, as China accelerates its shift away from the west

In the face of increasingly strained relations with the west, Beijing is attempting to build its influence in the global south

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Zenger

US Lawmakers Push Biden To Restrict Corporate Engagement With RISC-V Chip Tech Amid National Security Concerns

Allegations that open-source chip technology aids Beijing's semiconductor goals intensify US-China tech rivalry.

The Conversation

China's youth unemployment problem has become a crisis we can no longer ignore

Youth unemployment is a global problem, but in China the rate - 21.3% - is particularly alarming, not just because it’s high, but because it could affect other economies and geopolitical relations.

The Independent UK

Shortlist for Baillie Gifford Non-Fiction Prize 2023 unveiled

The winner will be announced during a ceremony on November 16.

The Guardian - UK

Widespread condemnation across globe for Hamas attack on Israel

Russia, China and Turkey merely urge restraint while some Islamic nations, and Iran in particular, blame Israel exclusively

Salon

NASA's plan to deorbit the ISS explained

Yanking the International Space Station back to Earth isn't just a blow to science, it empowers American enemies

The Independent UK

Labour’s position on China would not boil down to the word ‘threat’ – Lammy

The shadow foreign secretary attacked the Conservatives’ ‘six positions’ on Beijing.

The Independent UK

Ex-soldier charged with trying to pass US defence secrets to China

Joseph Daniel Schmidt is accused of attempting to deliver secret and top secret national defence information

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