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The Latest Breaking News from China

Stock Index Futures Muted as Investors Weigh Interest Rate Outlook

June S&P 500 futures (ESM23) are down -0.02%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.09% this morning after three major U.S. benchmark indices rallied on Thursday as a series of economic data pointed to easing inflationary pressures, bolstering hopes that the Federal Reserve will soon end its…

Barchart

Palestinian leader Abbas ends China trip after backing Beijing's crackdown on Muslim minorities

Palestinian leader Mahmoud Abbas has wrapped up a trip to China, after seeking economic aid and voicing support for Beijing's repressive policies toward its Muslim minorities

The Independent UK

Stock Index Futures Move Higher as Investors Weigh Interest Rate Outlook, China Stimulus Hopes Boost Sentiment

June S&P 500 futures (ESM23) are up +0.10%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.30% this morning after three major U.S. benchmark indices rallied on Thursday as a series of economic data pointed to easing inflationary pressures, bolstering hopes that the Federal Reserve will soon end its…

Barchart

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Weekly Must-Read: China Grapples With Hangover From Consumer Lending Boom

The banking regulator has expanded a pilot program for disposal of nonperforming personal loans, allowing hundreds of financial institutions to offload their bad debt

Caixin Global

Bill Gates meets Chinese president Xi Jinping on China visit

Microsoft’s co-founder Bill Gates has met with Chinese President Xi Jinping

The Independent UK

Jim Cramer After China Rate Cut: ‘Any Stimulus Plan That Works Will Need Help From West’

CNBC “Mad Money” host Jim Cramer weighed in on the Chinese economy and offered a bleak outlook for the U.S. market

Zenger

2024 Chevy Equinox For China Revealed, Likely Previews Next-Gen US Model

The design seems to match what we've been seeing on prototypes of the North American model.

Motor1

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Editorial: China and Cuba are getting closer. Now is the time for Biden to reengage with Havana

Few countries in the Western Hemisphere have evoked for Americans the spirit of the Monroe Doctrine as much as has Cuba. For years, the Soviets used the island nation 103 miles off the coast of Florida as a listening post, and, in 1962, they brought the world to the brink…

Chicago Tribune

Commentary: Finding a new path to water conservation for the next millennium, for California and the world

In the long sweep of human history, water has always played a central role in determining the geography of civilizations, and eons ago it influenced the migration of our early ancestors out of Africa and across the world. The ability to manage water contributed to the success or failure of…

Los Angeles Times

Why is US Secretary of State Antony Blinken going to China?

Expectations are modest for Beijing and Washington in attempt to improve relations after a particularly bumpy year.

Al Jazeera

Bill Gates Reportedly Snags Rare Meeting With Xi Jinping Amid China Tour: ‘Need To Unlock That Kind Of Progress’

Corporate chiefs have been making a beeline for China ever since the country reopened its economy late last year following the strict COVID-19 lockdowns

Zenger

U.S. lawmakers seem ready to hold A.I. developers accountable

There's surprising bipartisan agreement on two hot-button issues: A.I. and China.

Fortune

Thai stocks flounder in absence of China spark

SINGAPORE: Thailand's stock market has become the symbol of investor disenchantment with China's economic reopening, going from market darling in January to Asia's second-worst performing market by June, with little sign of a turnaround.

Bangkok Post

China withholds key indicator of Covid death toll as it fails to release cremation data

China has been accused of masking the true impact of the pandemic and underreporting the number of fatalities

The Guardian - AU

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Radio France Internationale

African leaders travel to Ukraine and Russia on peace mission

A delegation of four African heads of state are headed to Kyiv and Saint Petersburg to meet President Volodymyr Zelensky and President Vladimir Putin, in the latest in a series of mediation efforts aimed at ending the war between Russia and Ukraine.

The Hindu

India, China bought 80% of Russia's oil in May: International Energy Agency

India has increased purchases from almost nothing to close to 2 million barrels per day, while China has raised liftings to 2.2 million barrels per day. With Europe banning import and G7 imposing shipping restrictions on Russian oil, more than 90% of the product is now headed to Asia, with…

Tribune News Service

China’s spying in Cuba picks up where the Soviet Union left off

For a half century, America’s top geopolitical rival used a spy base in nearby Cuba to steal U.S. military secrets by listening in on phone and data communications.

The Guardian - AU

Speed-cubing world record broken: Max Park takes astonishing 3.13 seconds to solve 3x3x3 cube

The 21-year-old, who is an official ambassador for Rubik’s Cube, smashed the previous benchmark set by China’s Yusheng Du in 2018

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France 24

Chinese hackers 'breached hundreds of public, private networks' globally

Suspected state-backed Chinese hackers used a security hole in a popular email security appliance to break into the networks of hundreds of public and private sector organisations globally, nearly a third of them government agencies including foreign ministries, the cybersecurity firm Mandiant said Thursday.

The Canberra Times

Breach that affected ACT govt system has suspected links to China

It was committed by an 'aggressive and highly skilled actor'.

Zenger

China ETFs Climb On Hopes Of Better US Relations As State Department Confirms Blinken’s Beijing Visit

Hope is building up across the Pacific

The Guardian - US

Blinken visit seeks to ease fraught US relationship with China

US secretary of state’s visit comes amid tense exchanges as China’s foreign minister says US should respect the ‘Taiwan issue’

Caixin Global

China’s Property Investment Slides Further as Housing Recovery Staggers

Real estate investment drops 7.2% in first five months as the pace of decline accelerates for a third straight month

The Japan News/Yomiuri

National institute researcher arrested on suspicion of leaking secrets to China

A researcher at the National Institute of Advanced Industrial Science and Technology (AIST) was arrested Thursday on suspicion of having leaked trade secrets to a Chinese company.

Barchart

Crude Sharply Higher on China Energy Demand Optimism

July WTI crude oil (CLN23 ) on Thursday closed up +2.35 (+3.44%), and July RBOB gasoline (RBN23 ) closed up +8.71 (+3.41%). Crude oil and gasoline prices Thursday settled sharply higher. A slump in the dollar index Thursday to a 1-month low is bullish for energy prices. Crude also found...

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