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The Latest Breaking News from China

China’s economy grows at 4.3%, one of its lowest rates on record

Worse-than-expected figures for three months to June come amid concerns over lopsided economy

The Guardian - UK

Chinese growth in second quarter weakest since Covid-19 era

Official data released on Wednesday shows China's GDP grew 4.3 percent in the second quarter, compared to a year prior. The last time quarterly growth was that weak was in late 2022, when China was feeling the impact of the Covid-19 pandemic. Slow consumer demand, despite a surge in exports,…

France 24

Nasdaq Futures Climb as ASML Fuels AI Optimism, U.S. PPI Data and Earnings in Focus

September Nasdaq 100 E-Mini futures (NQU26) are up +0.40% this morning as sentiment got a boost after ASML Holding’s earnings provided fresh evidence of unrelenting demand for cutting-edge chips.

Barchart

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CXMT close to matching Micron's memory capacity in 2026, research claims — would put China on track to become world's second-largest DRAM producer

As CXMT's DRAM capacity set to match Micron's, China's DRAM industry could become world's second largest after South Korea.

Tom’s Hardware

Europe's biggest company ASML lifts forecast, fuelling fresh hopes for the AI boom

Europe's biggest company by market capitalisation, ASML, continues to benefit from the AI boom after raising its full-year net sales forecast to between €43bn and €45bn. Investors welcomed the upgrade, sending the shares up more than 5%.

Euronews

Global Market: ASML raises 2026 outlook as AI boom drives strong earnings, plans capacity expansion

ASML raised its 2026 revenue guidance to €43-45 billion, up from €36-40 billion, after beating Q2 estimates on surging AI chipmaking demand, sending shares up 5.7% as the company plans a 30% capacity boost for its EUV systems over the next two years.

The Economic Times

Apple Intelligence AI service registered with China's cyberspace regulator

Apple's new AI service, Apple Intelligence, has officially been registered with China's cyberspace regulator. This move is crucial for the tech giant to launch its advanced AI features within the Chinese market, navigating the country's strict internet regulations and ensuring compliance before wider rollout.

The Economic Times

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China says opposes US sanctions bill targeting Russia energy buyers

China strongly opposes a proposed United States sanctions bill targeting nations buying Russian energy. This bipartisan legislation aims to increase pressure on Russia regarding its ongoing conflict in Ukraine. Beijing accuses Washington of employing double standards and coercion with these proposed measures. The bill could allow the US to impose…

The Economic Times

China's economic growth hits slowest pace in more than three years

China's economy grew 4.3% year on year in the second quarter, its weakest pace since late 2022, as weak domestic demand and a prolonged property downturn outweighed strong exports, increasing pressure on Beijing to provide more economic support.

Euronews

Chipmaker CXMT eyes $9.8 bn in blockbuster China IPO

China's leading memory chipmaker ChangXin Memory Technologies is seeking billions in an IPO. This move aims to bolster the nation's artificial intelligence hardware capabilities. The company intends to rival global giants like Samsung and Micron. This significant offering marks China's largest mainland tech share sale ever. It will provide a…

The Economic Times

China is building a city where 40,000 trees will grow across buildings to fight the pollution choking its urban skies

China has some of the most polluted cities on the planet, and for years the usual fixes, stricter emission rules, factory shutdowns, better public transport, have only chipped away at the problem. So Italian architect Stefano Boeri decided to try something far more radical, wrapping entire buildings and eventually entire…

The Times of India

US-China tech rivalry explained: Why the AI and chip war matters

The US and China are engaged in a significant technology competition. Artificial intelligence and semiconductor chips are central to this ongoing rivalry. Export controls are intensifying the AI chip war between these nations. Global supply chains are being reshaped by this intense technological race. Other countries face opportunities and challenges…

The Economic Times

China’s economic growth slows to 4.3% as weak domestic demand offsets export boom

Slowdown driven by weak domestic demand and higher oil prices triggered by Iran war

The Independent UK

China grows at one of lowest rates on record; Thames Water has funds to survive to year end – as it happened

Thames Water says it has £515m cash in the bank as its debts swell to £18.5bn

The Guardian - UK

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The Economic Times

'Like my lover': Chinese users bid farewell to AI companions

China implemented new rules on Wednesday to limit emotional reliance on AI companions. Major AI providers suspended custom agent and companion features before the deadline. These regulations target AI tools with human-like personalities and communication styles. That sparked an outpouring of grief on social media, with users archiving chat histories…

The Economic Times

Global Market: China stocks hold steady despite GDP miss as investors shift to consumer, financial shares

Chinese stocks showed stability as investors shifted focus from technology to traditional sectors. Disappointing second-quarter economic growth data did not significantly impact market sentiment. Consumer and financial stocks saw gains while technology shares experienced profit-taking. Hong Kong equities outperformed mainland markets, supported by major technology companies. European investors maintain strong…

Bored Panda

“Could You Outscore A Chinese Student?”: Take The World’s Hardest Exam And Find Out

Every year, millions of students in China sit down for one exam that can shape the next chapter of their lives. It's called the Gaokao, and it's often described as one of the world's toughest academic challenges! 🌍For many students, this isn't just another test. It is years of preparation,…

The Economic Times

China's latest 'shock', German auto pain and the euro/yuan pressure cooker

China's export engine is posting a large trade surplus, defying global challenges and trade tensions. Chinese exports climbed significantly in June, driven by tech and surging automobile sales. Europe faces immense pressure from these imports and rising energy prices. German automakers are particularly impacted, considering job cuts and reduced sales.…

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Newslaundry

What China wants India to see at Kailash Mansarovar

After a gap of nearly five years, the Kailash Mansarovar Yatra resumed last year. This year's pilgrimage holds special significance as it coincides with the Year of the Horse in the Tibetan and East Asian calendar, which is considered very auspicious in Buddhism.

The Economic Times

Dutch tech giant ASML posts gain in second-quarter profits

Dutch tech giant ASML, which makes cutting-edge machines to manufacture semiconductor chips, Wednesday posted a gain in second-quarter net profits compared with the same period in 2025. Europe's biggest tech firm by market value said net profits came in at 2.9 billion euros, compared with 2.3 billion in the second…

The Economic Times

US official says Nvidia has begun shipping powerful H200 AI chips to China

In May, ⁠Reuters reported ⁠the Commerce Department had cleared around 10 Chinese firms to buy the H200, but no deliveries had been made at the time. Sources said at the time that Alibaba, Tencent and ByteDance were among those approved.

The Economic Times

Ashish Kacholia cuts stake in two chemical stocks after 114% rally. What's driving the move?

Ace investor Ashish Kacholia has reduced holdings in two chemical stocks. Yasho Industries and Fineotex Chemicals saw stake reductions by the investor. This move occurred after substantial stock price rallies earlier this year. Supply chain issues and Chinese competition are impacting the chemical sector. Kacholia also reduced his stake in…

The Economic Times

Global Market: China Q2 growth slows to 4.3% yoy; Asia, metals stocks likely to remain volatile

China's economy grew 4.3% year-on-year in the second quarter, missing market expectations and marking its slowest pace since late 2022. The weaker-than-expected growth, driven by soft domestic demand despite resilient exports and industrial production, could keep Asian equities and metal stocks volatile as investors assess the outlook for China's economy…

The Economic Times

China's Q2 GDP growth cools to 3-1/2-year low, structural imbalances complicate policy

China's second-quarter economic growth slowed to its weakest pace in over three years. Official data revealed a 4.3% annual rise, missing analyst expectations and government targets. Industrial output showed strength while retail sales saw some improvement last month. However, property sector investment and broader investment remained under pressure. Lingering structural…

The Economic Times

China's June oil throughput hits lowest level since pandemic on Iran war woes

China's crude oil processing in June reached its lowest point since the pandemic began. This decline occurred as global supply tightened and domestic demand weakened significantly. Refinery throughput fell substantially from the previous year, impacting overall production levels. Crude oil output also saw a slight decrease year-on-year during the first…

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