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The Latest Breaking News from China

Shenzhen Edge Medical Seeks Place in China's Surgical Robot Market

Key takeaways: Shenzhen Edge Medical has applied for a Hong Kong IPO, following China’s approval for the sale of one of its key products in January Company will face challenges from a growing number of domestic rival products already on the market By Molly Wen

Benzinga

What's Going On With Tesla Shares Today?

Tesla Inc (NASDAQ: TSLA) shares are trading lower by 9.32% at $904.96. Weakness is possibly due to continued overall market weakness, concerns China's COVID outbreak could impact the company's China operations and concerns over the impact of CEO Elon Musk acquiring Twitter.

Benzinga

The most controversial Met Gala themes of all time

From punk and China to Catholicism

The Independent UK

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Blinken to address U.S. national security strategy related to China in coming weeks

Secretary of State Antony Blinken said on Tuesday he will address in the coming weeks a U.S. national security strategy to deal with the emergence of China as a great power.

Reuters

Analysis: Will Elon Musk's Twitter Kowtow To Chinese Communist Party Influence?

When Elon Musk first notified the U.S.

Benzinga

Here's The Pattern Nio Stock Must Break From Following EV Production Milestone

Nio, Inc (NYSE: NIO) hit a production milestone on Tuesday, successfully rolling its 200,000th electric vehicle off production lines at its Hefei plant in China

Benzinga

UN rights team in China ahead of Xinjiang visit

The U.N. human rights office has sent an advanced team to the Chinese city of Guangzhou where they are quarantining ahead of a visit to the Xinjiang region, a spokesperson said on Tuesday.

Reuters

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Global coal plant capacity dips in 2021

China leads in coal power expansion followed by India, says new report

The Hindu

India Tries To Attract Intel, TSMC, GlobalFoundries To Set Up Local Plant

India is in talks with global chipmakers Intel Corp (NASDAQ:INTC), GlobalFoundries Inc (NASDAQ:GFS), and Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) about setting up local operations, Bloomberg reports. India aspires to become an electronic hub like neighbor China, Bloomberg notes. In India, a venture between billionaire Anil Agarwal’s Vedanta Group and Apple Inc (NASDAQ:AAPL) supplier Hon Hai Precision Industry Co Ltd (OTC:HNHPF),…

Benzinga

Italian woman, 72, to walk Marco Polo’s path from Venice to Beijing

Vienna Cammarota will tread the Silk Road in 13,000-mile ‘walk for peace’

The Guardian - UK

Why GE Shares Are Falling Today

General Electric Company (NYSE: GE) shares are trading lower Tuesday after the company reported financial results and announced it's experiencing ongoing challenges stemming from the Russia-Ukraine conflict, COVID-19 impacts in China, inflationary pressures and material sourcing delays.

Benzinga

China: Volkswagen Doubled ID. Electric Car Sales In Q1 2022

In Q1 2022, the Volkswagen Group increased sales of plug-in cars by 67.3% year-over-year to 38,700, including over 27,100 all-electric Volkswagen ID. models.

InsideEVs

Morning Brief: Top Financial Stories Dominating on Tuesday, April 26

CNBC

Benzinga

China: Tesla Competition Asks Teams To Design Cyberquad Battery

The Cyberquad will most likely not just be designed, but also built in China, then shipped to the US and elsewhere.

InsideEVs

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Caixin Global

China’s Iron Ore and Rebar Futures Plummet on Weakening Demand

Government’s decision to reduce crude steel output cuts into iron ore prices, while Covid disruptions weigh on steel

Benzinga

Jeff Bezos Raises The China Question As Elon Musk Inks Twitter Deal

After all the drama that was enacted, Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk finally wrapped up the Twitter, Inc.

Benzinga

India's Top Transport Leader Says Tesla Welcome To Make EVs In India — But Importing From China Is A Deal-Breaker

Ahead of Tesla Inc. (NASDAQ: TSLA) planned entry into one of the world's largest auto markets, India's transport minister said the electric vehicle manufacturer should make cars in India and must not import it from China.

Benzinga

Global Airline Capacity Hits New Peak In 2022 As China Demand Recovers: Reuters

Despite lengthy lockdowns in Asia's largest aviation market, global airline capacity has risen to its highest level in 2022 this week owing to a rebound in Chinese domestic demand, Reuters reported, citing travel data firm OAG. According to OAG data, global airlines added 2.5 million seats in the week ending Monday,…

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Roll Call

House, Senate to open conference on R&D, technology bills - Roll Call

House and Senate conferees are going to work to iron out differences in their bills to help the United States compete with China.

Newslaundry

Beyond Putinism: Ukraine war commentary shows how Hegelian binaries run into blind spots

There are points of ferment in world politics when one is tempted to define the zeitgeist of the current or the emerging world order. Many times the tumult is cast in a way that it takes the form of a Hegelian contest of ideas and the systems representing them; sometimes…

The Guardian - AU

Morrison silent on ‘red line’ for China as Labor continues attack over handling of the Pacific

Coalition wants focus on the economy but prime minister remains mired in fallout over Solomon Islands

Benzinga

Culp Cuts Q4 Outlook As COVID-19 Lockdown Affects China Operations

Culp Inc (NYSE:CULP) said it is lowering its fourth-quarter FY22 expectations due to COVID-related shutdowns affecting its China operations and further weakness in domestic mattress industry sales. Culp sees Q4 net sales to be significantly down (prior view: slightly lower) from Q4 FY21. It expects an operating loss of $(6.5) million - $(7.5)…

Asharq Al-Awsat

IMF Warns Asia Faces ‘Stagflationary’ Economic Outlook

The Asian region faces a "stagflationary" outlook, a senior International Monetary Fund (IMF) official warned on Tuesday, citing the Ukraine war, spike in commodity costs and a slowdown in China as creating significant uncertainty. While Asia's trade and financial exposures to Russia and Ukraine are limited, the region's economies will…

Asharq Al-Awsat

Iran-Pakistan Ties on Brink after Khan's Ouster

Iran is concerned that the progress it has made in bilateral relations with Pakistan may evaporate with the ouster of prime minister Imran Khan. Iranian experts expect new Pakistani PM Shehbaz Sharif to pay a visit to Iran soon as part of a revision of his predecessor's foreign policy. Pakistan…

InsideEVs

GAC Aion Opens Its First Battery Swap Station In Guangzhou, China

GAC Aion has no model compatible with battery swapping now, but its entire EV lineup will become battery-swappable from 2023 based on the new GEP 3.0 platform.

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