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The Latest Breaking News from China

European delegates walk out of China-led international summit as Vladimir Putin starts speaking

Russian leader and China’s President Xi Jinping spoke out against the West in their speeches

The Independent UK

Markets Today: Stocks Slip on Set-Back in Diplomatic Efforts to Contain Israel-Hamas Conflict

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.48%, and the Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.67%. Stock index futures this morning are moderately lower on this morning’s weaker-than-expected U.S. housing starts report. Also, risks of an escalation in the Israeli-Hamas war weighed...

Barchart

Nvidia thought it found a way around U.S. export bans of AI chips to China—now Biden is closing the loophole

Billionaire founder Jensen Huang can no longer sell two lucrative chips specially designed for the Chinese market, because they might help boost its military capabilities.

Fortune

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China’s Xi warns West against economic ‘decoupling’

The Chinese president praised his 10-year Belt and Road Initiative at an international forum celebrating the project.

Al Jazeera

Australia cannot be ‘passive bystanders’ in a war between US and China, Richard Marles says

Defence minister says consequences of a conflict over Taiwan are ‘so grave’ and says status of island must be ‘arrived at peacefully’

The Guardian - AU

S&P Futures Plunge as Middle East Fears Weigh on Sentiment, Tesla and Netflix Earnings on Tap

December S&P 500 futures (ESZ23) are trending down -0.45% this morning as uncertainties lingered in the Middle East, and investors weighed the possibility of further rate hikes by the Federal Reserve while eagerly awaiting earnings results from U.S. heavyweights Tesla and Netflix.

Barchart

S&P Futures Drop as Middle East Fears Weigh on Sentiment, Tesla and Netflix Earnings on Tap

December S&P 500 futures (ESZ23) are trending down -0.34% this morning as uncertainties lingered in the Middle East, and investors weighed the possibility of further rate hikes by the Federal Reserve while eagerly awaiting earnings results from U.S. heavyweights Tesla and Netflix.

Barchart

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CM to consider 2% reservation for sportspersons in all government jobs in Karnataka

On October 18, the CM felicitated and presented cash awards to athletes and coaches of Karnataka who won medals in the recently held 19th Asian Games in China.

The Hindu

Politics with Michelle Grattan: Kim Beazley on Albanese's US trip, Biden in the Middle East, and the Voice's defeat

The prime minister heads to Washington next week for a state visit. Talks between Anthony Albanese and President Joe Biden will canvass progress on implementing the AUKUS agreement, Ukraine, China and the situation in the Asia-Pacific region, and of course the Middle East crisis. Biden will have just returned from…

The Conversation

Stock market today: World markets edge lower as China reports slower growth in the last quarter

Shares are mostly lower in Europe and Asia after China reported that its economy grew at a 4.9% annual pace in July-September, down from 6.3% in the previous quarter

The Independent UK

Russian President Putin and Chinese leader Xi meet in Beijing and call for close policy coordination

The leaders of Russia and China have met in Beijing and called for close foreign policy coordination

The Independent UK

China says US moves to limit access to advanced computer chips hurt supply chains, cause huge losses

Beijing has vigorously protested the U.S. Commerce Department's latest update of export controls to prevent exports to China of advanced computer chips and the equipment to make them

The Independent UK

Shanghai Composite Index Fell 0.8% on Wednesday

Shenzhen Component Index closed down 1.24%

Caixin Global

Xi hails ‘deepening trust’ between China and Russia as he meets Putin

Chinese president notes that he and Putin have met 42 times in the past decade and developed a ‘deep friendship’.

Al Jazeera

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Al Jazeera

UN chief Guterres condemns ‘collective punishment’ of Palestinians

Speaking in China, the UN secretary-general called for an ‘immediate humanitarian ceasefire’ in Israel and Gaza.

The Guardian - UK

UK has highest inflation in G7 after CPI fails to fall in September – as it happened

UK consumer prices inflation remained at 6.7% in September, dashing hopes of a fall, as petrol and diesel prices increase

The Guardian - UK

Europe and the US should work with China. Joint climate action could be a win-win

From deals on electric cars to solar panels, all sides could benefit from the global green energy transition, says Simone Tagliapietra of the Brussels-based thinktank Bruegel

France 24

Xi praises 'deepening' trust between China and Russia in talks with Putin

Chinese leader Xi Jinping told Russian President Vladimir Putin on Wednesday that "political mutual trust" between their countries was "continuously deepening", Beijing's state media reported.

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The Independent UK

Australian journalist says she was detained for 3 years in China for breaking an embargo

Australian journalist Cheng Lei says she spent more than three years in detention in China for breaking an embargo with a television broadcast

The Independent UK

Europe is looking to fight the flood of Chinese electric vehicles. But Europeans love them

Chinese automakers are winning over drivers as they make major inroads into Europe’s electric vehicle market

The Guardian - UK

Scottish Water admits solar farms could use parts linked to China’s forced labour camps

Company has installed tens of thousands of solar panels – at 66 sites – which it now suspects are linked to slave labour

The Guardian - AU

Mutual praise, buzzwords plus a few walkouts: Xi and Putin meet in Beijing

Vladimir Putin lauded the success of ‘our Chinese friends’ at global forum, while Xi Jinping spoke out against international sanctions and ‘decoupling’

The Guardian - AU

Visiting professor used PhD students to gather intelligence for China, Asio boss alleges

Mike Burgess says Beijing is engaged in ‘the most sustained, scaled and sophisticated theft of intellectual property and expertise in human history’

Al Jazeera

US accuses China’s Air Force of ‘risky’ behaviour in skies above Pacific

Detailing more than 180 Chinese intercepts in past two years, Pentagon warns of dangers of such incidents.

The Independent UK

China's Xi promises more market openness and new investments for Belt and Road projects

Chinese President Xi Jinping is promising greater access to China’s market for international firms and new financing exceeding $100 billion for other developing economies

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