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The Latest Breaking News from China

A global law firm separates from its Chinese partner, citing cybersecurity and data rules

One of the world’s biggest law firms says it is separating from the Chinese firm that was part of its global network for eight years, citing changes in cybersecurity and other rules that have rattled foreign companies

The Independent UK

China hailed a property developer with $64 billion in revenue as a role model. Now the country’s property crisis threatens to send it into default too

Country Garden was meant to be a survivor of China’s property crisis, but a missed interest payment shows that it’s also tight on cash.

Fortune

U.S. Bans Future Investments in Chinese AI, Semiconductor, and Quantum Computing

U.S. president signs executive order to prohibit American companies to invest in Chinese AI, semiconductor, and quantum computing companies.

Tom’s Hardware

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Markets Today: Stocks Climb and Bond Yields Fall on Supportive U.S. Inflation News

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.54%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +0.80%. Stock indexes this morning are moderately higher after the weaker-than-expected U.S. Jul CPI report bolstered the outlook for the Fed to pause its interest rate...

Barchart

Russia hopes to pull ahead in the space race with the launch of the Luna-25 moon lander

Russia is taking a big gamble as it prepares to launch its first spacecraft to the Moon since 1976 on Friday. After decades of failed space missions, and with the war in Ukraine making it a pariah on the international stage, Russia is hoping to re-emerge as a major player…

France 24

China hits out at UK amid clash over London embassy move

China has called on the UK to “fulfill” its international obligations amid a clash over moving its embassy to east London.

Evening Standard

Another Chinese Chip Design Venture Is Shutting Down

Geely Holding’s Xingji Meizu Group decides to terminate the business due to uncertainties in the global economy

Caixin Global

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First Thing: dozens die in unprecedented Hawaii wildfires

Fires fanned by Hurricane Dora have ripped through historic Lahaina. Plus, Trump asks to review classified evidence at Mar-a-Lago before trial

The Guardian - UK

China’s moratoriums on fishing do ‘nothing to protect squid’

Analysis by conservation group Oceana suggests areas where suspension imposed are not fished by fleets anyway

The Guardian - UK

China expands the number of countries for travel by its big-spending tourists

China has increased the number of countries that its big-spending tourists can visit by more than 70 following the lifting of its last COVID-19 travel restrictions

The Independent UK

Cheng Lei: journalist detained in China says she longs for sunlight, outdoors and family in ‘love letter’ to Australia

The former television anchor says ‘I haven’t seen a tree in three years’ but ‘most of all I miss my children’

The Guardian - AU

How fast are Binance revenues falling? New trading data offers critical clues about the health of the crypto empire and its $37 billion coin

The double hit from legal crackdowns targeting Binance and steep drop in overall trading of digital currencies has hammered the exchange’s volumes.

Fortune

Shanghai city guide: Where to stay, eat, drink and shop in China’s gleaming metropolis

From old school to ultra modern, soups to skyscrapers, Chris Beanland finds that visitors will never be lost for things to do and see in one of the world’s largest cities

The Independent UK

India women's team can win gold in Asian Games, says Rajeshwari Gayakwad

MUMBAI: Having missed out on the gold at the Commonwealth Games, left-arm spinner Rajeshwari Gayakwad is confident the Indian women's team can go the distance at the Asian Games in Hangzhou, China next month.

The Times of India

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Caixin Global

Seven Die as Water Surges in Southwest China River

The deceased women were swept away in the Longxi River in Ya’an, Sichuan province, in an incident that may be linked to a discharge from an upstream reservoir

Caixin Global

Shanghai Composite Index Rose 0.31% on Thursday

Shenzhen Component Index closed up 0.1%

The Guardian - AU

Chinese tourists to resume group travel to Australia in latest thawing of relations between countries

Group tours accounted for 30% of the Chinese leisure travel market to Australia before the pandemic, as travel operators welcome move

The Guardian - AU

Pro-democracy advocate says Australia should prepare to lay future sanctions against Hong Kong officials

Australian lawyer and China bounty target Kevin Yam still believes it is important to pursue diplomacy with Beijing

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The Independent UK

China sends ships and fighter jets toward Taiwan in new show of force

Taiwan's defense ministry says China sent navy ships and a large group of fighter jets toward Taiwan

Al Jazeera

Why are world leaders racing to the Pacific Islands?

Not just the US and China; India, Indonesia and South Korea are scrambling for influence in a strategically vital region

The Guardian - AU

Biden’s China investment ban: who’s targeted and what does it mean for the 2024 US election?

New measures from the US Treasury will target several key sectors including semiconductors, quantum computing and artificial intelligence

The Hindu

Morning Digest | Manipur debate in Rajya Sabha lost in a maze of rules; China goes 10 months without envoy in India ahead of key meetings, and more

Read a daily selection of top stories from across India and the world by The Hindu to start your day

Al Jazeera

Conflict over clocks: China among countries where time is political

Keeping of time in Asia has often been subject more to the geopolitics of time zones than considerations of geography.

Al Jazeera

Biden issues executive order restricting US investment in Chinese tech

China accuses the Biden administration of pursuing ‘technology hegemony’ and demands that technology curbs be repealed.

WEKU

Biden orders restrictions on U.S. investments in Chinese technology

The executive order covers advanced computer chips, micro electronics, quantum information technologies and artificial intelligence. Officials cited national security, rather than economic interests.

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