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The Latest Breaking News from China

Red Memory by Tania Branigan audiobook review – tracing the scars of China’s Cultural Revolution

Sons denounce mothers, students attack teachers: firsthand accounts from those caught up in Mao’s ruthless ideological purge during the 60s and 70s

The Guardian - UK

Koi emerges as new source of souring relations between Japan and China

In recent years, koi have become hugely popular in Asia, with exports doubling over the past decade

The Independent UK

Biden must decide whether patent-infringing Apple watches can be imported into the U.S. from China by Christmas–but Congress could neuter America’s ability to protect its IP altogether

The U.S. International Trade Commission (ITC) recently issued an order that could prohibit imports of some Apple Watch products.

Fortune

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U.S. Subsidiary of China’s Largest Bank Hit by Ransomware Attack

The systems of the ICBC head office and other affiliated institutions are not affected by the incident, the unit says

Caixin Global

Suspected Russian hackers disrupted the market in U.S. Treasuries by attacking China's, and the world's, largest bank

ICBC was reportedly forced to conduct some trades via a portable USB drive after the bank was hit by a ransomware attack.

Fortune

China denies accusations of forced assimilation and curbs on religious freedom in Tibet

A government official from China’s Tibetan region has rejected allegations of forced assimilation and curbs on religious freedom, while stressing that Tibetan Buddhism should adapt to the Chinese context

The Independent UK

About 90,000 people displaced by Myanmar conflict: UN

Aid efforts are struggling as fighting between Myanmar’s military and ethnic armed groups intensifies.

Al Jazeera

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Shanghai Composite Index Fell 0.47% on Friday

Shenzhen Component Index closed down 0.53%

Caixin Global

Top US and Indian diplomats and defense chiefs discuss Indo-Pacific issues and Israel-Hamas war

The top diplomats and defense chiefs of India and the United States met in New Delhi focusing on security issues in the Indo-Pacific, China and the Israel-Hamas war

The Independent UK

Kim Jong-un closes slate of North Korea’s embassies as sanctions bite

Regime can no longer afford all its diplomatic missions, including some to longtime allies such as Angola where it has maintained ties since 1975

The Guardian - AU

Ransomware attack on China's biggest bank disrupts Treasury market trades, reports say

A financial services business of China's biggest bank says it was it by a ransomware attack that reportedly disrupted trading in the U.S. Treasury market

The Independent UK

Architect of Shanghai's most expensive district wants to end cities' '50 Shades of Grey'

Architect Ben Wood is credited with showing Chinese developers the value of preserving historic styles.

Fortune

How have oil prices changed in the US?

Oil prices have historically risen over time, but the last two decades have been particularly volatile.

USAFacts

Scientists Create First Live Chimera Monkey

Scientists from China reported the long-sought birth of a male primate.

Zenger

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InsideEVs

Virtual Power Plants, Autonomous 'Chauffeur' Driving, Korean EVs: All The Polestar Day News

Polestar has big plans from autonomy to charging to new models and much, much more. Let's dig in.

The Independent UK

Where 2024 Republican candidate Nikki Haley stands on the issues

Former UN ambassador differs from the bulk of the GOP field when it comes to abortion, social security, and foreign policy — and has been forced to clarify her stance on China

The Conversation

The war in Gaza opens up new opportunities for China in the Middle East

The western world’s support for Israel as it attacks Gaza has provoked fury across the Arab world and much of the Global South.

Barchart

Stocks Under Pressure After Fed Chair Powell's Comments

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.61%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.57%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.63%. This afternoon, Fed Chair Powell spoke at the IMF’s...

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The Conversation

Australia has long viewed the Pacific as a place of threats that must be contained. It's time for this mindset to change

During the 2022 federal election campaign, the Morrison government was all too eager to brandish its national security credentials. Its message to voters was that the Asia Pacific was brimming with threats from aggressive, authoritarian China.

Tom’s Hardware

U.S. Government Proposal Aims to Outlaw Chinese Crypto Networks, Blockchains

A new bipartisan bill under the title "The Creating Legal Accountability for Rogue Innovators and Technology" (CLARITY) Act aims to blanket-ban Chinese blockchains from being interacted with by U.S. government officials, citing possible threats to national security.

The Conversation

When Marx met Confucius: Xi Jinping's attempt to influence China's intellectual loyalties has met with a mixed reception at home and abroad

A new film series produced in China, When Marx met Confucius, was viewed more than 8 million times in the first two weeks after it was released online in October. But this is not another blockbuster drama of the sort China has been adept at producing in recent years, but…

Fortune

China’s export restrictions on critical minerals are threatening the viability of EV makers–and forcing them to innovate

Auto giants in the U.S. and Europe are already collaborating with innovators on joint research and development for EV batteries-but time is of the essence.

Barchart

Stocks Under Pressure Ahead of Powell Comments

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.05%. Stocks this morning are under pressure from higher bond...

Barchart

Markets Today: Stocks Higher on Positive Corporate News

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are up +0.24%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +0.06%. Stock index futures this morning are moving higher on some positive corporate news. Gains are limited by higher bond yields. Weekly jobless claims came in near expectations...

Tom’s Hardware

Nvidia Readies New AI and HPC GPUs for China Market: Report

Nvidia Preps HGX H20, L20 PCle, and L2 PCle GPUs that comply with U.S. exports rules for China.

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