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The Latest Breaking News from China

How the U.S. is trying to stay ahead of China in the AI race

In a word: chips

Axios

A year of Marcos Jr: how a dictator’s son has changed the Philippines

Marcos has stood up to China, and he remains popular, despite running the country ‘under cruise control’, according to one expert

The Guardian - AU

Hipkins in China: Swimming in the deep end

The “boy from the Hutt” has pinched himself at every turn from Beijing’s Great Hall of the People to the iconic Bund in Shanghai. Chris Hipkins didn’t arrive a natural diplomat, but as political editor Jo Moir observes he will leave a much better one

Newsroom.co.nz

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read the most diverse news in one place.

Chinese Spy Balloons Used American Tech, Report Says

Preliminary investigations indicate that the Chinese ‘weather balloons’ in the news earlier this year were indeed designed for spying on Americans.

Tom’s Hardware

Brainard sees potential for near-2% US inflation by November 2024

President Joe Biden’s chief economic adviser said that inflation numbers should improve through the second half of the year and that there’s a reasonable chance the pace could get down around 2% by the time of the November 2024 election.

Tribune News Service

Tech Stocks Undercut by Sharp Rise in T-note Yields on Hawkish Powell

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.14%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.31%. Stocks are being undercut by today’s hawkish Powell comments,...

Barchart

Yes, Xi Jinping Is A Dictator

What’s Xi Jinping getting his knickers in a knot about?

Zenger

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Stocks Climb Before the Open as Investors Await Key U.S. GDP Data, Nike Earnings on Tap

September S&P 500 futures (ESU23) are up +0.24%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.27% this morning after three major U.S. benchmark indices ended the regular session mixed as investors weighed Fed Chair Jerome Powell’s hawkish signals, while bracing for another round of economic data.

Barchart

Stocks Move Higher Before the Open as Investors Await Key U.S. GDP Data, Nike Earnings on Tap

September S&P 500 futures (ESU23) are up +0.13%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.16% this morning after three major U.S. benchmark indices ended the regular session mixed as investors weighed Fed Chair Jerome Powell’s hawkish signals, while bracing for another round of economic data.

Barchart

Top Stories of the Month: China Grapples With Hangover From Consumer Lending Boom

The banking regulator has expanded a pilot program for disposal of nonperforming personal loans, allowing hundreds of financial institutions to offload their bad debt

Caixin Global

Jay Ambrose: Is China figuring on owning Cuba?

Watch out for China because, listen, this nuclearized, troop-laden, threatening, ultra-aggressive military monster has just come up with another warning of evil intent. It is negotiating with Cuba about a joint military training and enhanced intelligence center 100 miles from Florida. The center would no doubt host vast numbers of…

Tribune News Service

Shanghai Composite Index Fell 0.22% on Thursday

Shenzhen Component Index closed down 0.1%

Caixin Global

Taxpayers billed $80k for Daniel Andrews' China trip

Almost $83,000 of Victorian taxpayers' money was spent on airfares, accommodation and other travel expenses during Premier Daniel Andrews' recent trip to China.

AAP

China unlikely to be worried by ‘weaker Putin’ post Wagner revolt

‘New era’ ties likely to continue given China and Russia’s shared concerns, with Beijing the power in the relationship.

Al Jazeera

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PC Gamer

The US wants to restrict China's access to AI chips even more, and Nvidia could lose out as a result

Chips that are anything but cheap.

The Guardian - UK

China on course to hit wind and solar power target five years ahead of time

Beijing bolstering position as global renewables leader with solar capacity more than rest of world combined

Tribune News Service

Billionaires and bureaucrats mobilize China for AI race with US

China’s tech sector has a new obsession: competing with U.S. titans like Google and Microsoft Corp. in the breakneck global artificial intelligence race.

Tribune News Service

US is planning new AI chip export controls aimed at Nvidia

The Biden administration plans to tighten export controls announced in October to restrict sales of some artificial-intelligence chips to China, amid growing concerns about selling the technology to a key strategic competitor, people familiar with the matter said.

Get all your
news in one place.

100's of premium titles.
One news app.

Barchart

Stocks Stable Despite Hawkish Central Bankers and Possible New U.S. Chip Restrictions

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday fell -0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) fell -0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) rose +0.12%. Stocks were undercut as central bank chiefs Wednesday kept up their hawkish...

The Conversation

Adolescent drinking rates remain high in China despite ban

There are plenty of health concerns for teens to worry about these days: the effects of e-cigarette and cannabis use, and how drinking could harm their developing brains.

Kiplinger

Stock Market Today: Nasdaq Ekes Out a Win Despite Chip Stock Weakness

Semiconductor stocks lagged after media reports said the Biden administration is considering more restrictions on chip sales to China.

The Guardian - AU

Political survival is the real contest in Solomon Islands as Sogavare prepares for Pacific Games

After the PM postponed elections to 2024 due to the cost of the upcoming Games, Honiara looks to China and Australia for funding and security support

Axios

Netanyahu sees upside to China's growing involvement in the Middle East

"It could be useful because it will compel the U.S. to stay here."

Zenger

Chipmakers Brace For Impact As US Mulls New Chip Export Restrictions To China

Could this end AI stock rally?

AAP

Call to crack China's dominance in critical minerals

Global demand for Australia's critical minerals is giving Treasurer Jim Chalmers optimism about mining's future in a net-zero emissions world.

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