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The Latest Breaking News from China

Australia’s coal export boom forecast to end abruptly amid big drop in demand from China

Study finds Chinese consumption will fall within two to three years as Australian coalmining communities warned to reduce dependence on industry

The Guardian - AU

Pentagon Chief Speaks with China’s Defense Minister for First Time under Biden

US Defense Secretary Lloyd Austin spoke with Chinese Minister of National Defense General Wei Fenghe on Wednesday, the first call between the two officials since the start of President Joe Biden's administration more than a year ago. Relations between China and the United States have been tense, with the world's…

Asharq Al-Awsat

Here's How Morgan Stanley Previews Apple Ahead Of Q2

Morgan Stanley analyst Katy Huberty saw Apple Inc (NASDAQ:AAPL) iPhone 13 and Mac strength more than offset relative underperformance in iPad and Services, leading her to expect upside to the Street's consensus March quarter (Q2) revenue forecast. Huberty also saw more cautious commentary on the June quarter (Q3) consensus of $86.7 billion, which appeared too…

Benzinga

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read the most diverse news in one place.

What's Going On With Tesla Shares?

Tesla Inc (NASDAQ: TSLA) shares are trading lower by 4.32% at $983.70. Weakness may be due to profit-taking following strength in the stock this week as well as concerns over China disruptions.

Benzinga

Made In China Tesla Model Y Amazes In Cold Weather Range Test

Bjørn Nyland's Tesla Model Y range test in cold weather conditions confirms high range and outstanding efficiency results in the crossover/SUV segment.

InsideEVs

China expands military might as far as French borders with Solomon Islands pact

China has signed a security agreement with the Solomon Islands, a tiny state in the Pacific Ocean. The US and Australia are furious and worry that Beijing might want to expand its naval operations. The agreement also means that China's sphere of influence now extends to French territory as the…

Radio France Internationale

US defence chief speaks for first time with Chinese counterpart

The call comes amid continued US concerns that China could support Russia in the invasion of Ukraine.

Al Jazeera

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Economist Cuts China GDP Growth Forecast As COVID Lockdowns Weigh On Economy

This week, the International Monetary Fund cut its global GDP growth forecast for 2022 and 2023 in the wake of the economic disruption caused by Russia's invasion of Ukraine.

Benzinga

Australia's biggest coal market to reduce dependency on imports

China's demand for Australian coal will decline rapidly over the next few years

The Canberra Times

Qudian Sees Food for Growth in Prepared Meals, Weighs Exit of Core Lending Business

Key Takeaways • Qudian said it has started trial operations for QD Food, which sells ready-to-cook meal kits through a WeChat mini app • The move comes as company says it may wind down its original credit business due to challenging regulatory environment By Warren Yang

Benzinga

Chinese Firms In New GDR Rush To Realize Global Dreams

Key takeaways: Six domestically listed Chinese companies have announced plans to issue GDRs in Europe over the last month Four Chinese companies with existing GDRs in London have received scant interest from investors, with extremely low trading volumes. By Tina Yip

Benzinga

Pentagon chief speaks with China's defense minister for first time under Biden

U.S. Defense Secretary Lloyd Austin spoke with Chinese Minister of National Defense General Wei Fenghe on Wednesday, the first call between the two officials since the start of President Joe Biden's administration more than a year ago.

Reuters

Taiwan is part of China, Beijing tells U.S

Taiwan is a part of China and no one can change that, Chinese Defense Minister Wei Fenghe said on Wednesday during a rare phone call with U.S. Defense Secretary Lloyd Austin, according to a statement from Beijing.

Reuters

Alibaba, JD Stocks Suffer Heightened US Exodus Over Regulatory Clash

Chinese e-commerce giants have seen more of their shares shift to the Hong Kong market as Beijing failed to impress U.S. regulators, Bloomberg reports. Bloomberg saw ~77% of JD.com Inc's (NASDAQ:JD) shares circulating in Hong Kong's clearing and settling system as of April 19, versus 44% at the 2022 beginning. The shift highlighted…

Benzinga

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Benzinga

Aurora Mobile Shares Gain Premarket After Its Subsidiary Collaborates With Leading EV Maker

Aurora Mobile Ltd's (NASDAQ:JG) Wuhan SendCloud Technology Co, Ltd subsidiary collaborated with a market-leading global new energy vehicle manufacturer to provide email services. Aurora Mobile is a leading mobile development service provider in China. SendCloud is a leading email API platform in China that provides customers with email and SMS services. On…

The Independent UK

US Pentagon chief speaks for 1st time to Chinese counterpart

Defense Secretary Lloyd Austin has spoken with his Chinese counterpart for the first time since becoming Pentagon chief more than a year ago

The Independent UK

Australian party leaders clash on China in election debate

Australia’s prime minister and his opposition rival have clashed heatedly over Australia’s tumultuous relationship with China in the first leaders' debate ahead of elections on May 21

ABC News

Leaders' debate: Scott Morrison and Anthony Albanese clash over boat turnbacks, China, NDIS and major reforms

The first leaders' debate of the election campaign starts out as a friendly affair but ends with Labor leader Anthony Albanese accusing Prime Minister Scott Morrison of an "outrageous slur".

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news in one place.

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Benzinga

China Stocks Are Approaching Bottom, Says Mark Mobius: Time to Buy Small, Mid-Sized Names

The negative risks faced by China stocks may have played out fully and a bottom is near, Mark Mobius, a fund manager focused on emerging markets said in an interview with the South China Morning Post.

Benzinga

Half Of Apple's 200 Chinese Suppliers Said To Be Operating In Lockdown-Hit Areas

Almost half of Apple Inc's (NASDAQ: AAPL) 200 top suppliers are based in Shanghai and other COVID-19 lockdown-hit areas of China, according to a

The Guardian - AU

Morrison and Albanese clash on Solomon Islands-China pact in first leaders’ debate of federal election

Scott Morrison accuses Anthony Albanese of siding with China as Labor leader wins support of 40% of undecided voter forum over PM’s 35%

Reuters

In Shanghai lockdown, Carrefour staff sleeps at store to keep residents supplied

To prepare the 3,000-plus orders of vegetables, meat and essentials her Carrefour supermarket sends out every day to locked-in Shanghai residents, manager Zhang Wei wakes at 5 a.m. after a night in a sleeping bag on her office floor.

The Independent UK

One month on, cause of China Eastern crash still a mystery

One month after a China Eastern passenger jet crashed mid-flight, killing all 132 people on board, investigators say they have not determined a cause

Reuters

YouTube blocks account of Hong Kong's sole leadership candidate

YouTube blocked the account of Hong Kong's sole leadership candidate John Lee on Wednesday as part of U.S. sanctions against the city's former No. 2 official who said the move will not affect his bid to lead the financial hub for the next five years.

Benzinga

JPMorgan's Chinese Tech Sector Downgrade Proved Costly for Them - Read How

JPMorgan Chase & Co (NYSE:JPM) lost its position as the most senior underwriter for Kingsoft Cloud Holdings Ltd's (NASDAQ:KC) Hong Kong stock offering, Bloomberg reports. The size of the offering in Hong Kong is relatively small, amounting to ~$100 million. The change came after one of JPMorgan's analysts cut the share-price target for the…

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