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The Latest Breaking News from China

Will China Concerns Weigh on Apple’s Earnings?

Shares of Apple (AAPL ) fell -0.3% in October, the third consecutive monthly decline and the longest such streak in more than a year. Apple is down -11% from a record high in July as tepid sales in China for its new iPhone models have fueled concerns about the stock’s...

Barchart

Apple Earnings Preview: Here’s What to Watch in Tonight’s Report

Apple will release its fiscal Q4 earnings after the bell today. Here's what all investors need to watch in the company's earnings report.

Barchart

Nvidia RTX 4090 Subject to China Export Restrictions Starting November 17

Sources familiar with the matter have confirmed that the Nvidia RTX 4090 will be subject to U.S. export controls beginning November 17, 2023. Companies wishing to sell the cards in China and certain other regions will need to apply for a license, with a presumption of denial.

Tom’s Hardware

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The Maoist Roots of Xi’s Economic Dilemma

Beijing needs domestic consumers to spend more, but the Chinese president’s ideology is getting in the way.

Foreign Policy

China bids farewell to former premier Li Keqiang at Beijing funeral

President Xi Jinping, Chinese Politburo members, and crowds of citizens paid their last respects.

Al Jazeera

American Ballet Theater returns to China after a decade as US-China ties show signs of improving

America’s national ballet company has returned to China for the first time in a decade, the latest sign that the strained U.S.-China relations are beginning to improve

The Independent UK

Almost half of CEOs surveyed have a pessimistic outlook for the economy

A Fortune survey conducted with Deloitte found CEO pessimism is ticking back up from the beginning of the year.

Fortune

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Albanese to raise human rights and trade with Xi in first China visit by Australian PM since 2016

Ahead of trip signalling emergence from diplomatic deep freeze, Albanese also calls on Beijing to again allow Australian journalists to report from mainland

The Guardian - AU

ASML's China Export Sanctions Came Too Late, Contends Dutch Politician

The Netherlands should have restricted sales of ASML's tools to China quicker, election front runner says.

Tom’s Hardware

Tesla China-Made EV Wholesale Sales Growth Stalled In October 2023

In October, the overall wholesale vehicle shipments (local retail sales and exports) of Tesla Made-in-China (MIC) cars showed another warning sign.

InsideEVs

28 countries agree to develop AI safely and responsibly at Bletchley Park summit

British-held AI Summit on safety delivers a world-first agreement between 28 countries including US and China.

TechRadar

France's Macron visits Uzbekistan to expand EU footprint in Central Asia

French President Emmanuel Macron visited Uzbekistan on Thursday after a trip to Kazakhstan – part of a two-day tour to boost France's footprint in Central Asia, secure raw materials and counter China's growing influence in the region.

Radio France Internationale

Treasury Secretary Yellen calls for more US-Latin America trade, in part to lessen Chinese influence

Treasury Secretary Janet Yellen wants Latin America to trade more with the United States as part of an initiative that so far has failed to disrupt China’s dominance in global manufacturing

The Independent UK

It looks inevitable that the war in Gaza will spread. Is it?

The Middle East is the greatest area of vulnerability for the United States, and many countries want to cause trouble

The Guardian - US

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Caixin Global

Caixin China New Economy Index Falls as Investment Shrinks

The gauge that tracks the size of high value-added industries such as biotech dropped to 31 in October from 31.9 the previous month

The Guardian - UK

Li Keqiang funeral in China brings out crowds despite suppression effort

Police line road amid strictly controlled public tributes to premier once seen as antidote to authoritarian Xi Jinping

Al Jazeera

Myanmar rebels seize vital border town as China calls for ceasefire

The loss of Chinshwehaw is a blow to generals who seized power from Myanmar’s elected government in 2021.

Evening Standard

West must 'work closely' with China to control AI, says UK despite US concerns

Science Secretary Michelle Donelan tells GB News: 'What we need to do is work collaboratively with the rest of the world'

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Caixin Global

Shanghai Composite Index Fell 0.45% on Thursday

Shenzhen Component Index closed down 0.94%

The Guardian - AU

China and US reportedly agree to rare nuclear arms control talks

Talks expected on Monday would be first since Obama administration and follow visit to Washington by Wang Yi, Chinese foreign minister

The Independent UK

Crowds gather near state funeral home as China's former Premier Li Keqiang is being put to rest

Hundreds of people have gathered near a state funeral home as China's former premier Li Keqiang is being put to rest

Caixin Global

Macao Gambling Revenue Surges on Holiday Tourism Boom

With borders reopened, casino revenues back to 74% of re-Covid levels in October; revenues up 400% in October from year ago, with boost from China’s National Day holiday

Foreign Policy

China May Soon Hit Peak Coal

In a major turning point for the world, China’s fossil fuel use is projected to decline starting in 2025.

Tom’s Hardware

China's Quantum Satellite Program Designed to Transmit Unhackable Information

China is plotting out ways to to take its Quantum Key Distribution to new heights.

Windows Central

The US government's newly imposed export rules block $5 billion worth of advanced AI GPUs from China

The US government is doubling down on AI safety and recently imposed new exportation rules and guidelines affecting the shipment of AI chips to China, Saudi Arabia, the United Arab Emirates, and Vietnam. Early implementation of the rules has deterred NVIDIA's plans to ship $5 billion worth of AI chips…

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