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The Latest Breaking News from China

ChatGPT’s rise has China scrambling to catch up in an A.I. arms race that will determine global ‘wealth, power, and influence’

Beijing is battling the U.S. for supremacy in artificial intelligence and the spoils that come with it.

Fortune

Markets Today: Stocks Tumble as Moody’s Cuts Ratings on Regional Banks

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.65%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.61%. Stock indexes this morning are moderately lower. Weakness in regional bank stocks in pre-market trading is weighing on the overall market after Moody’s Investors Service...

Barchart

Long before whales, pioneering marine reptile was a filter-feeder

Fossils unearthed in China’s Hubei Province indicate that a curious marine reptile called Hupehsuchus nanchangensis that lived 248 million years ago who was a filter feeder

The Hindu

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Toyota Forms Joint Venture With Pony.ai To Mass Produce Robotaxis In China

Startup Pony.ai already operates around 200 Toyota and Lexus branded self-driving taxis in all four Tier-1 cities that allow driverless cars on public roads in China.

InsideEVs

Niger coup: is this the end of French influence in Africa?

France’s historic influence in West Africa could finally be coming to an end after a succession of coups culminating in last week’s military takeover in Niger.

The Week

China-Philippines dispute could escalate into superpower conflict, say analysts

Expert warns of ‘significant escalatory potential’ after Chinese coastguards used water cannon on Philippine boat

The Guardian - UK

Stock Index Futures Plunge as China Trade Data Disappoints, Moody's Downgrades U.S. Banks

September S&P 500 futures (ESU23) are down -0.45%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.49% this morning as fresh worries about China’s economic rebound and the state of U.S. banks weighed on sentiment.

Barchart

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2024 BMW 5 Series, i5 Debut In China With Longer Wheelbase, Exclusive Features

The premium sedan gets the 31.1-inch Theater Screen for the rear seats.

Motor1

Mercedes-Benz Recalls EQS Sedan In China For Potential Power Loss

The first of the two recalls includes 2,324 EQS all-electric sedans that were imported to China because the electric drive module may deactivate due to a software issue.

InsideEVs

FTSE 100 Live: IHG, Abrdn, Glencore post results, China exports slump, shares lower

The struggling China economy and results from Glencore, Abrdn and hotels group IHG are in focus for London traders today.

Evening Standard

Shanghai Composite Index Fell 0.25% on Tuesday

Shenzhen Component Index closed down 0.42%

Caixin Global

Japanese political leader Taro Aso calls for peace in the Taiwan Strait as Tokyo expands defense

A senior Japanese politician is advocating for increasing his country’s deterrence ability to ensure peace in the region, and called for that message to be clearly conveyed globally — particularly in China

The Independent UK

Italy hits banks with windfall tax, sending shares sliding; China’s trade slumps – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

China's July exports tumble by double digits, adding to pressure to shore up flagging economy

China's exports tumbled by double digits in July, adding to pressure on the ruling Communist Party to reverse an economic slump

The Independent UK

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The Guardian - AU

Russia-Ukraine war: Kyiv claims to have foiled Russian hacking of armed forces combat system – as it happened

Ukrainian special service says it has ‘blocked the illegal actions of Russian hackers who tried to penetrate military networks’

The Times of India

Why a stranded WWII ship is inflaming China, Philippine tensions

MANILA: The latest spat between China and the Philippines in the South China Sea has an unlikely object at its center: a World War II-era ship that’s now rusty after being stranded in contested waters for more than two decades.

The Hindu

India bars makers of military drones from using Chinese parts

India’s approach complements phased import restrictions on surveillance drones since 2020 and is being implemented through military tenders, documents show.

The Times of India

Asian Champions Trophy: Pakistan keep hopes alive with 2-1 win

CHENNAI: After three unsuccessful attempts, Pakistan registered their maiden victory in the Asian Champions Trophy 2023 at the Mayor Radhakrishnan Stadium here on Monday.

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The Times of India

India, Brazil and rest of global south break away from the US-led world order

NEW DELHI: Let Trade Run Free. Tie your currency to the US dollar. Align your foreign policy with America’s. The US and its Western partners wrote these economic rules, a cornerstone of the world order prevailing since World War II. Now developing countries, often called the Global South, are quietly…

The Conversation

In the future, we could snuff out cyclones. But weather control comes with new risks

Right now, people in coastal China are fleeing successive typhoons. Parts of the Philippines are awash.

RideApart

New Federal Incentives Encourage EV Battery Recycling In US

In a bid to boost the economy and reduce reliance on China, new federal incentives encourage EV battery recycling in the US.

Zenger

Why Ancient Marine Reptiles Were Like Modern Whales

A remarkable new fossil, discovered in China, allows scientists to explore the long-extinct reptiles that once roamed our oceans

The Guardian - AU

Russia-Ukraine war at a glance: what we know on day 531 of the invasion

At least seven killed in double strike on residential area of Pokrovsk; Russia claims to have shot down Ukrainian drones over Belgorod

The Guardian - AU

Pocock claims Labor adopting Coalition’s ‘gas-led recovery’ – as it happened

This blog is now closed.

Space

China launches Fengyun-3F meteorological satellite to orbit

China has added a new satellite to its fleet of meteorological spacecraft.

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