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The Latest Breaking News from China

S&P Futures Tick Higher as Investors Brace for U.S. Inflation Data, Disney Earnings on Tap

September S&P 500 futures (ESU23) are trending up +0.27% this morning as market participants exercised caution and refrained from big positions in anticipation of Thursday’s U.S. inflation report.

Barchart

S&P Futures Tick Higher as Investors Brace for U.S. Inflation Data

September S&P 500 futures (ESU23) are trending up +0.27% this morning as market participants exercised caution and refrained from big positions in anticipation of Thursday’s U.S. inflation report.

Barchart

In previous downturns the world turned to China as an engine of growth – this time that driver may not be there

What might Chinese deflation mean for interest rates, commodity prices and even EV exports outside China?

The Guardian - AU

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Is NASA’s Artemis II Moon Mission Our Entry Into a 21st-Century Space Race?

At a press conference for NASA’s Artemis II mission, Bill Nelson expressed concern over what would happen if China arrived at the Moon before the U.S.

Inverse

What’s behind rising China-Philippines tensions in the South China Sea?

Here’s what you need to know as maritime confrontations between China and the Philippines increase.

Al Jazeera

China hacked Japan's sensitive defence networks, says report

In the fall of 2020, the Chinese military compromised classified defence networks of Japan, reported The Washington Post on Wednesday. Read further on Dynamite news:

Dynamite News

US and China spar over Philippine shipwreck-turned-military outpost

Vessel becomes potential flashpoint as Beijing orders Philippines to remove wreck housing marines in South China Sea

The Guardian - UK

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Shanghai Composite Index Fell 0.49% on Wednesday

Shenzhen Component Index closed down 0.53%

Caixin Global

FTSE 100 Live: London blue-chips close higher despite China deflation, Flutter and Hiscox in results-day falls

European markets have risen despite figures showing China in deflation territory.

Evening Standard

More than 30 dead, 18 missing after recent Beijing flooding

Some 59,000 homes collapsed and 150,000 others damaged by flooding brought on by record rainfall around China’s capital.

Al Jazeera

Asian Champions Trophy: When it's India vs Pakistan, coaching takes backseat, says Rehan Butt

CHENNAI: There's not much in and around the Mayor Radhakrishnan Stadium here to suggest there's an India vs Pakistan game on Wednesday at the men's Asian Champions Trophy. No late-comers seeking last-minute tickets at box office, no frenzy whatsoever that bears resemblance to trending hashtags.

The Times of India

Cerebral palsy federation at odds with PCI over Para Asiad list

NEW DELHI: The Cerebral Palsy Sports Federation of India (CPSFI), the governing body for promotion and development of sports for people affected with cerebral palsy in India, is at odds with the Paralympic Committee of India (PCI) over a list of athletes selected by CPSFI and sent to the PCI…

The Times of India

On this day in 2012 – Nicola Adams makes history with Olympics boxing gold

Adams beat China’s Ren Cancan to win flyweight gold.

The Independent UK

Bhavani Yadav clinches bronze medal in long jump at World Universities Games in Chengdu-China

Alvas Education Foundation Chairman M. Mohan Alva told reporters in Moodbidri on August 8 that Bhavani Yadav has created history with her victory, and brought laurels not only to the foundation and Mangalore University, but also for the entire country.

The Hindu

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The Independent UK

Death toll in recent Beijing flooding rises to 33, with 18 still missing

The death toll in recent flooding in China's capital has risen to 33, including five rescuers, and another 18 people remain missing

The Times of India

China slides into deflation: What is deflation and what are its impacts

China's economy is in trouble. The country has slipped into deflation, with consumer prices contracting for the first time in more than two years. This is a major setback for the Chinese government, which had hoped to achieve a strong economic recovery after the Covid-19 pandemic.

The Times of India

China slides into deflation as consumer, factory prices drop

BEIJING: China’s consumer and producer prices both declined in July from a year ago, a sign of deflation pressure as demand in the world’s second-largest economy weakens.

The Independent UK

US Navy sailor's mom encouraged him to pass military details to China, prosecutor says

A federal prosecutor has told a judge that the mother of a U.S. Navy sailor charged with providing sensitive military information to China encouraged him to cooperate with a Chinese intelligence officer

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The Independent UK

US vows to keep Syria's chemical weapons program in UN spotlight over Russian and Chinese opposition

The United States and its allies are vowing to keep Syria’s failure to account for its chemical weapons program in the spotlight at the U.N. Security Council every month despite opposition from Russia and China

Fortune

China’s record high 21% youth unemployment could actually be as high as 46.5%. Blame fake jobs and 16 million workers ‘lying flat’

In an attempt to fix misleading unemployment data, China is cracking down on universities that fudge employment numbers for their graduates.

Kiplinger

Stock Market Today: Stocks Drop on Troubling China Data, Bank Ratings Worries

The main benchmarks fell Tuesday, but healthcare stocks outperformed as Eli Lilly and Novo Nordisk surged.

The Hindu

The grammar of commerce in a new age of geopolitics

The prevalent geo-economic scene has also led to further settlements in local currencies

The Hindu

Asian Champions Trophy: Coach Haiqin Weng — at the helm of China’s clinical, hi-tech approach

Chinese team at Asian Champions Trophy in Chennai has been inexperienced but impressive, physically powerful and fighting hard. Coach Haiqin Weng has been an umpire and co-authored research paper on physical demands of sport. He is pushing his team to take every match seriously, as valuable world ranking points are…

Barchart

Crude Undercut by Concern about Weak Chinese Energy Demand

September WTI crude oil (CLU23 ) this morning is down -0.16 (-0.20%), and Sep RBOB gasoline (RBU23 ) is down -0.37 (-0.13%). Crude oil and gasoline prices this morning are moderately lower. A stronger dollar today is weighing on energy prices. Also, concerns about China's economy are undercutting crude prices...

The Guardian - UK

Chinese economy slips into deflation as recovery falters and demand slows

Consumer price inflation data shows prices fell by 0.3% year on year in July

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