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The Latest Breaking News from China

China-Taiwan tension is major concern for the Philippines

The escalating tension between China and Taiwan has become a “major concern” for the Philippine government, according to Philstar citing Manila's National Security Policy. Read further on Dynamite news:

Dynamite News

China says it would welcome a visit by US commerce secretary after imposition of investment controls

China says it would welcome a visit by U.S. Commerce Secretary Gina Raimondo following the imposition of foreign investment controls by her agency that have stung numerous Chinese companies

The Independent UK

Japan has plunged on the Fortune Global 500

The number of Japanese companies on the Fortune Global 500 has dropped from 149 in 1995 to just 41 today.

Fortune

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Sun bears appear so human-like they are mistaken for people in suits – experts explain

When Angela, a Malayan sun bear, stood up and waved to visitors to her enclosure at the Huangzhou Zoo in China on July 27, she became a social media sensation. Her build, posture and seemingly friendly gesture seemed so human that people speculated that she was actually a costumed performer.…

The Conversation

What happened to the once-mighty Japan, Inc.?

Japan's Mitsubishi Corporation used to be the world's largest company by revenue. Now it's No. 46.

Fortune

Chandrayaan-3: Vikram lander successfully separated from propulsion module

India is now on track to become the fourth nation globally to achieve this remarkable milestone, joining the company of the United States, Russia, and China. Read further on Dynamite News:

Dynamite News

Stocks Move Higher Before the Open as Investors Weigh Fed Minutes, Walmart Earnings on Tap

September S&P 500 futures (ESU23) are up +0.22%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.19% this morning as market participants digested the minutes of the Federal Reserve’s latest meeting while watching for fresh indications of weakness in China.

Barchart

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What history can teach us about A.I.’s Great Leap Forward

Everything is possible for A.I. because so little has happened. And like China's potential in the 1950s, the possibility for growth appears unbounded.

Fortune

Tesla Model 3 Highland Expected To Go On Sale In China This Month: Report

Citing a person familiar with the matter, the source writes that while Tesla is currently offering several deals for the current-generation Model 3 in China, many prospective customers are choosing to wait for the facelifted EV.

InsideEVs

China's Xi calls for patience as Communist Party tries to reverse economic slump

Chinese leader Xi Jinping has called for patience in a speech released as the ruling Communist Party tries to reverse a deepening economic slump and said the West’s pursuit of material wealth led to “spiritual poverty.”

The Independent UK

Rouble recovers after Russia reportedly turns screws on exporters – as it happened

Rouble rises 2% against dollar after Russia decides against capital controls and opts for informal agreement with exporters to help stabilise the currency, according to reports

The Guardian - UK

Shanghai Composite Index Rose 0.43% on Thursday

Shenzhen Component Index closed up 0.61%

Caixin Global

Data | Measuring India’s relative progress in the past 76 years

India has made remarkable progress in the past 77 years, compared to other countries across four parameters: GDP per capita, HDI, IMR and women's participation in Parliament. Access to electricity and internet also improved. India's population surpassed China's, making it the most populous country. Read more on The Hindu.

The Hindu

Foreign funds flee China stocks in record selling streak

BEIJING: Daily outflows of overseas funds from Chinese stocks are on course to tie a record streak amid worsening sentiment on the nation’s economy and the government’s efforts to get it back on track.

The Times of India

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The Guardian - UK

China building airstrip on disputed island, satellite images suggest

Pictures appear to show 600-metre runway on South China Sea’s Triton Island, which is also claimed by Vietnam and Taiwan

The Times of India

Argentina presidential frontrunner calls China an ‘assassin’

Argentina’s presidential frontrunner Javier Milei would freeze relations with China and pull South America’s second-biggest economy out of the Mercosur trade bloc with Brazil, foreign policy proposals that are as radical as his economics.

The Independent UK

China's government tries to defuse economic fears after real estate developer's debt struggle

China’s government is trying to reassure jittery homebuyers after a major real estate developer missed a payment on its multibillion-dollar debt, reviving fears about the industry’s shaky finances and their impact on the struggling Chinese economy

Sports Illustrated

James Harden Hints at Possible Future Move to China

Harden is feeling the love during his trip across the Pacific Ocean.

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news in one place.

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Al Jazeera

China urged to tackle online racism targeting Black people

Human Rights Watch says racist tropes ‘common’ across Chinese social media, and that platforms and government must act.

The Guardian - AU

US delegate says Solomon Islands PM was too ‘busy’ to meet him

Congressman Neal Dunn, part of select committee on competition with China, says failure to meet Manasseh Sogavare was a ‘missed opportunity’

Sports Illustrated

Chinese Fans Buy 10,000 Bottles of James Harden’s Wine in Seconds

James Harden was left totally stunned after fans in China snatched up his wine inventory in seconds.

The Guardian - AU

‘Gangster tactic’: the true aim behind Hong Kong’s pursuit of overseas dissidents

Police targeting pro-democracy activists abroad have questioned their family and put out bounties, but there is a broader, more chilling, objective behind the operation

Barchart

Stocks Fall and Bond Yields Climb as Fed Remains Hawkish

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.76%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.52%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.07%. Stocks on Wednesday gave up early gains and retreated,...

The Hindu

India, China, and Iran set up pavilions at Army 2023 in Moscow

India, China and Iran have set up pavilions at the ongoing Army 2023, the 9th International Military-Technical Forum organised by Russia. The BrahMos pavilion drew interest from officials of many countries

Barchart

Crude Prices Retreat on Chinese Growth Concerns

September WTI crude oil (CLU23 ) on Wednesday closed down -1.61 (-1.99%), and Sep RBOB gasoline (RBU23 ) closed up +1.95 (+0.68%). Crude oil and gasoline prices Wednesday settled mixed, with crude falling to a 1-1/2 week low. A stronger dollar Wednesday weighed on energy prices, as did the decline...

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