The Latest Breaking News from China

China's economy faces multiple challenges but what might those pressures mean for Australia?

From a banking crisis to property market slumps, China's economy is under stress and the country also recently recorded its lowest quarterly growth rate figure since 1990. What might those challenges mean for Australians?

ABC News · Jul 21, 2022

Continue with reform process: Montek Singh Ahluwalia

‘We should remain open, resist temptation to raise protective duties’

The Hindu · Jul 21, 2022

ADB cuts India GDP forecast for FY23 to 7.2% on Covid, war impact amid inflationary pressure

NEW DELHI: Asian Development Bank (ADB) on Thursday trimmed India's economic growth forecast for current fiscal year to 7.2 per cent from 7.5 per cent as pandemic and war impact is weighing down alongside inflationary pressures.

The Times of India · Jul 21, 2022

Kingsoft Cloud Gets Pelted by Storm Over Locked Novel

Key Takeaways:

Benzinga · Jul 21, 2022

After Ho-Hum Pricing, AMTD Digital Storms Out of the Gate in U.S. Trading Debut

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Benzinga · Jul 21, 2022

Yeahka Ramps Up E-Commerce Bid, But Investors Cash Out

Key takeaways: Yeahka’s push into the highly competitive e-commerce space comes as growth slows for its core mobile payments business Company’s stock has fluctuated since its 2020 listing, and now trades near its IPO price after a roaring start in early 2021 By Trevor Mo

Benzinga · Jul 21, 2022

Flowing Cloud Technology Files for Hong Kong IPO Amid Metaverse Frenzy

Key Takeaways: Flowing Cloud started as a games developer in 2008 and launched its first AR/VR platform in 2017 Gains in revenue and profit have been steady but the low-margin AR/VR marketing services division could dent future margins By Ken Lo

Benzinga · Jul 21, 2022

Qudian Chief Turns to Star Power in Company Transformation

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Benzinga · Jul 21, 2022

Heatwaves to menace China as almanac's 'big heat' day looms

China will suffer the return of more heatwaves over the next 10 days from east to west, with some coastal cities already on their highest alert level and inland regions warning of dam failure risks because of melting glaciers.

Reuters · Jul 21, 2022

Nancy Pelosi’s Taiwan trip ‘not a good idea right now’, says Biden

US military advises against House speaker’s reported trip as president is due to talk to Xi Jinping for first time in four months

The Guardian - UK · Jul 21, 2022