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The Latest Breaking News from China

US-China officials to meet on economy, aim to ease tension

U.S. Treasury Secretary Janet Yellen is set to sit down with her Chinese counterpart in Switzerland on Wednesday

The Independent UK

What it would take for Apple to disentangle itself from China

The tech giant increasingly finds itself beholden to America’s biggest geopolitical rival. But is diversification even possible?

Financial Times

China's Xi frets about COVID in rural areas, sees 'light ahead'

President Xi Jinping said on Wednesday he was particularly concerned about China's COVID-19 wave spreading to rural areas with poor medical facilities but he urged perseverance in stressful times, saying "light is ahead".

Reuters

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China's pessimistic Gen Z poses challenge for Xi post-COVID

The first weekend after COVID-19 restrictions ended last month, dozens of young Chinese jostled in the dark at a heavy-metal concert in a tiny Shanghai music venue that reeked of sweat and hard liquor.

Reuters

China takes great leap forward in Australia’s car market with EVs leading the charge

Exclusive: Sales of Chinese-made vehicles increased 61% in 2022 with one industry expert saying companies are ‘innovating faster’

The Guardian - AU

Lion dance troupe Jin Wu Koon prepares for 100 performances for Lunar New Year

Jumping from pole to pole, the Chinatown-based group Jin Wu Koon is set to wow crowds over the Lunar New Year period.

ABC News

In wide-ranging interview, Scholz discusses war in Ukraine, Germany's economic outlook

Chancellor Olaf Scholz said he’s sure Germany will avoid a recession this year, offering reassurance for Europe’s largest economy as it faces down Russia’s energy squeeze.

Tribune News Service

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Economists slice growth outlook for Asean+3

China's reopening should provide a timely boost to the Asean+3 region as the area's economic growth was downgraded because of continuing weakness in China, Japan and South Korea, according to economists.

Bangkok Post

Report: Tesla EV Sales In China Surged After Price Cuts

The China Merchants Bank International (CMBI) revealed that Tesla sales, during seven days between January 9-15, increased by 76 percent year-over-year.

InsideEVs

Fewer people than ever think their life is going to get better as 'economic optimism collapses' worldwide

Never before have so many households felt so pessimistic and negative towards their economic prospects.

Fortune

Nearly a quarter of travelers flying out of China after 'zero COVID' lift were positive for the disease, new report reveals

The study offers a glimpse at transmission occurring from the eastern superpower to the rest of the world.

Fortune

Davos 2023: EU's von der Leyen on her Green Deal Industrial Plan

EU Commission President Ursula von der Leyen outlined the bloc's Green Deal subsidy plan at the World Economic Forum on Tuesday, as the US and China push ahead with their own industrial subsidies for clean tech. FRANCE 24's Business Editor Kate Moody spoke with von der Leyen in Davos about…

France 24

Volvo Planning To Launch Electric Minivan In China This Year

This new Volvo EV will reportedly be its version of the Zeekr 009, which it will reportedly reveal in production form by the end of the year.

InsideEVs

Biden, Kishida held 'very productive' talks on China export controls

U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida held "very productive" talks last week on semiconductor-related export controls on China, White House Indo-Pacific coordinator Kurt Campbell said on Tuesday.

Reuters

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StockNews.com

3 Precious Metals ETFs to Buy for 2023

The stock market is yet to see an end to the Fed’s monetary tightening to control inflation. On top of that, recent economic data reflecting an economic and demographic decline in China is a stark reminder that the global economy, battered by various headwinds, may spiral into a full-blown recession.…

Fortune

Davos CEOs have never had a worse feeling about the global economy

The world's business leaders at Davos think the global economy is in for a rough few years. Do they know something we don't?

The Conversation

China's COVID cases may have hit 900 million. What's headed our way?

Over the weekend, Peking University released a study that estimated 900 million Chinese had been infected with COVID up until January 11, representing 64% of the population.

Tribune News Service

US-China trade is close to a record, defying talk of decoupling

Trade between the U.S. and China is on track to break records, a signal of resilient links between the world’s top economies amid the heated national security rhetoric in Washington and fears of “decoupling.”

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news in one place.

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Reuters

Davos 2023: What you need to know about the WEF on Tuesday

The first day of official programming at the World Economic Forum's (WEF) annual meeting kicked off on Tuesday with bold declarations by Europe and China in attempts to bolster their positions in the world.

Zenger

Early Retirement May Lead To First Signs Of Dementia

Early retirement in old age was associated with higher levels of cognitive impairment and sluggish memory

Reason

Youngkin Nixes Ford Electric Vehicle Plant Over Anti-China Paranoia

The factory may have been a bad deal for Virginia, but tying the decision to Chinese aggression is the wrong move.

Reuters

Biden and Dutch PM discuss semiconductor dispute, Patriots for Ukraine

U.S. President Joe Biden and Dutch Prime Minister Mark Rutte held wide-ranging talks on Tuesday that included a discussion on Dutch concerns about new U.S. restrictions on exporting chip-making technology to China.

The Guardian - UK

Davos day 1: China ‘passed peak Covid’; Kissinger backs Ukraine Nato membership, as first lady Zelenska seeks support – as it happened

Rolling coverage from the World Economic Forum in Davos, where vice-premier Liu He says China has passed its peak of Covid-19 infections

InsideEVs

XPeng Cuts Prices In China By Up To 13 Percent, EV Price War Is On

XPeng's move to cut prices follows a similar decision from Aito, the premium brand backed by Huawei and Seres, which slashed M5 and M7 prices by up to $4,500.

Asharq Al-Awsat

China Back to ‘Normal’ after End of COVID Curbs, Says Official

China has returned to normal after the lifting of Covid-19 restrictions, Vice Premier Liu He told the World Economic Forum on Tuesday as he invited "international friends" to visit the country. China abruptly dropped its "zero-Covid" approach last month after three years of enforcing some of the harshest anti-pandemic restrictions…

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