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The Latest Breaking News from China

Australian, US, Filipino forces practice retaking an island in a drill along the South China Sea

Australian and Filipino forces, backed by U.S. Marines, have practiced retaking an island seized by hostile forces in a large military drill on the northwestern Philippine coast facing the South China Sea

The Independent UK

S&P Futures Tick Higher Ahead of Powell’s Jackson Hole Speech

September S&P 500 futures (ESU23) are trending up +0.26% this morning as market participants awaited Federal Reserve Chair Jerome Powell’s speech for further clues on the outlook for interest rates.

Barchart

Climate change made it in the GOP debate. Some young Republicans say that's a win

Climate change is a top issue for young voters across political parties, but most of the Republican presidential candidates avoided the question.

WEKU

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PM Modi ‘lied’ on Chinese incursion into India’s land in Ladakh: Rahul Gandhi

Mr. Gandhi extended the Congress’ support to the demands of the Leh Apex Body and the Kargil Democratic Alliance, which are fighting for the status of the Sixth Schedule, a separate Public Service Commission, reservation of jobs for locals and two separate parliamentary constituencies for Leh and Kargil.

The Hindu

Ladakh: China has grabbed Indian territory in Ladakh but PM declines...says Rahul Gandhi

The Congress MP was addressing a rally in Kargil during the last leg of his Ladakh visit. Read further on Dynamite News.

Dynamite News

Shanghai Composite Index Fell 0.59% on Friday

Shenzhen Component Index closed down 1.23%

Caixin Global

Saudi Arabia considering Chinese bid to build nuclear plant, report says

Chinese bid proposes nuclear plant near the border with Qatar and UAE, according to Wall Street Journal report.

Al Jazeera

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Weekly Must-Read: China’s ‘Hidden Debt’ of Local Governments Threatens National Economy

Property slump is undermining borrowers’ ability to repay

Caixin Global

Fukushima: China accused of hypocrisy over its own release of wastewater from nuclear plants

Plant in China releases water with higher amounts of tritium, scientist says, calling into question seafood ban imposed on Japan

The Guardian - AU

Xi tells Modi that China, India should consider ‘overall interests’ of ties and ‘properly handle’ border issue

China’s Foreign Ministry said that President Xi Jinping told Prime Minister Narendra Modi in talks on August 23 that both sides “should bear in mind the overall interests” of ties and “handle properly the border issue”. Beijing also said the meeting at the sidelines of the BRICS Summit in Johannesburg…

The Hindu

‘Comrade Nation Builder’: How China views Donald Trump’s indictments in US

Trump’s indictments have spurred incredulity and ridicule in China, and strengthened state narratives of US decline.

Al Jazeera

Xi Pledges $10 Billion to Bolster Global Development

Chinese president in South Africa for BRICS summit also vows to expand cooperation with African countries

Caixin Global

India's Chandrayaan-3 landed on the south pole of the Moon − a space policy expert explains what this means for India and the global race to the Moon

India made history as the first country to land near the south pole of the Moon with its Chandrayaan-3 lander on Aug. 23, 2023. This also makes it the first country to land on the Moon since China in 2020.

The Conversation

BRICS just invited 6 nations including Saudi Arabia and Iran to join—here's why it increases the prospect of dollar replacement

The idea of creating a BRICS common currency to rival the dollar has long been on the agenda of the emerging-market nations in the bloc.

Fortune

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USA Today Sports Media Group

Why Daniel Cormier would rather see Zhang Weili defend UFC title vs. Yan Xiaonan over Tatiana Suarez

Daniel Cormier thinks Yan Xiaonan should be next for UFC strawweight champion Zhang Weili.

Al Jazeera

‘A wall of BRICS’: The significance of adding six new members to the bloc

Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and UAE invited to join the grouping of top emerging economies.

Inverse

Why Is Everyone Trying to Land at the South Pole of the Moon?

Because it's there, but also because it has resources that can support future lunar bases and Mars missions.

The Conversation

Brics expansion: six more nations are set to join – what they’re buying into

One key outcome of the 15th Brics summit, hosted by South Africa, is the decision to invite six more countries to join the group with effect from January 2024. They are Argentina, Ethiopia, Iran, Saudi Arabia, Egypt and the United Arab Emirates. All six had applied for membership. The enlargement…

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The Independent UK

India's Modi and Chinese President Xi Jinping agree on efforts to de-escalate border tensions

India’s prime minister and China’s leader have agreed to intensify efforts to de-escalate tensions at the disputed border between them and bring home thousands of their troops deployed there

InsideEVs

Polestar 2 Production Hits 150,000-Unit Milestone

Polestar announced the cumulative production of the Polestar 2 model exceeded 150,000, since the model entered production in China in 2020.

InsideEVs

Stellantis Explores Potential Collaboration With China’s Leapmotor: Report

Stellantis is considering a tie-up with Hangzhou-based Leapmotor, which sells electric models like the C11 SUV and C01 sedan in China.

The Hindu

PM Modi, President Xi call for speedy disengagement along LAC

PM Modi and President Xi Jinping met on the sidelines of the BRICS summit in Johannesburg on August 23, 2023; announcement of talks kept under wraps until next day, just prior to the PM’s departure for Greece

Radio France Internationale

With Brics expansion, China seeks a global counterweight to US

The five Brics countries have announced plans to add six new members to their club. Observers say the expansion is intended to make the group a stronger player in the "multi-polar world" favoured by China to counter US supremacy. Will it succeed?

The Hindu

‘Fly me to the moon’ seems to be global ambition in 2023

2023 is a busy year for lunar missions, with India, Russia, U.S., China and Japan all launching missions to the Moon. India's Chandrayaan-3 and Russia's Luna-25 have already been launched, while four more are scheduled. Japan's Hakuto-R failed to make a moon landing in April. Next year, Beresheet 2, VIPER,…

Reason

Nikki Haley Slams Biden's 'Green Subsidies'

The GOP presidential candidate also definitively said climate change is real.

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