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The Latest Breaking News from China

Tesla's earnings surprise sends stock soaring, but tech struggles drag the market down for a third day

Japan's shares dropped and China's floated higher on a day where both countries saw blockbuster IPOs, while investors punished Starbucks, McDonald's and Deutsche Bank in early trading.

Fortune

Ford's CEO Doesn't Want To Stop Driving China's Apple Car

Ford CEO Jim Farley has been driving an imported Xiaomi SU7 for months. He says it's fantastic, and he doesn't want to give up the Chinese EV.

InsideEVs

Albanese rejects China’s claim that Australia plagued by ‘systemic racism’ – as it happened

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The Guardian - AU

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Met Office works with Chinese farmers to protect tea harvest from climate change

British and Chinese scientists are working with local tea experts on what seasonal and climate information they need to adapt to climate change.

Evening Standard

Sweeping blackouts in Cuba raise the question: Why has the island's solar buildout been so slow?

Cuba’s large-scale blackouts that left 10 million people without power this month wouldn’t have happened if the government had built out more solar power to boost its failing electric grid as promised, some experts say

The Independent UK

China semiconductor patent applications skyrocket amid US export restrictions — country sees a 42% increase in patent filings

Despite the declining chip companies, the number of semiconductor-related patents skyrockets in China.

Tom’s Hardware

Chancellor Scholz leads delegation to India seeking to reduce German reliance on China

German Chancellor Olaf Scholz is leading a high-level delegation to New Delhi this week, betting that greater access to the vast Indian market can reduce Germany's reliance on Beijing even if India does not turn out to be the 'new China'.

Radio France Internationale

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The Feds' Chinese Investment Ban Will Harm America, Not China

The Treasury's sweeping rule curtailing dual-use technology transactions with Chinese firms will reduce domestic growth, innovation, and security.

Reason

'Peace On Border Should Be Priority,' PM Modi tells Chinese President

PM said that maintaining peace and stability on the border should remain priority of the two countries and mutual trust should remain the basis of bilateral ties. Read further on Dynamite News:

Dynamite News

Reckitt sees sales of new hyaluronic acid condoms surge in China

Reckitt launched its first hyaluronic acid-lubricated Durex condoms across China in October 2022.

Evening Standard

China Should Use Fiscal Policy To Boost Growth: IMF

The Chinese government should use its tax-and-spend policies to help boost flagging economic growth, a senior IMF official told AFP ahead of key meetings this week in Washington.

International Business Times

Legendary hedge fund manager sounds alarm on US debt (Here's why he's wrong)

Regardless of who wins the White House, the next American President could face an unprecedented debt challenge.

The Street

India's Modi and Chinese President Xi meet days after a border accord between the countries

India’s Prime Minister Narendra Modi and Chinese President Xi Jinping have met on the sidelines of the BRICS summit in Russia, in their first bilateral meeting in five years

The Independent UK

Modi and Xi hold first formal meeting in five years at Brics summit in Russia

Meeting comes soon after India and China announce deal to resolve border standoff

The Independent UK

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The Street

Analysts mull Tesla rivals, give insights into post-election EV industry

One Bank of America analyst had a stark prediction about EVs under a Trump presidency.

International Business Times

Trump Says He Plans To Only Allow Car Loan Interest Deduction For US-Made Vehicles

The former president says if his plan was not limited to U.S.-made cars, it could advantage countries like China, allowing them 'to make more cars.'

The Independent UK

China has deported a VW executive for allegedly using drugs while in Thailand

A senior executive for Volkswagen in China has been deported for allegedly using cocaine and marijuana while on vacation in Thailand

International Business Times

Putin Touts 'Multipolar World Order' At Flagship BRICS Summit

The meeting in the city of Kazan is the largest diplomatic forum in Russia since Putin ordered troops into Ukraine in 2022, triggering a barrage of Western sanctions and international condemnation.

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news in one place.

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International Business Times

Volvo Cars Cuts Sales Forecast On Market Headwinds

Sweden's Volvo Cars on Wednesday drastically cut its sales forecast for the year, saying car markets in China, Europe and the United States are "increasingly under pressure."

Fortune

Tim Cook makes another trip to China as local users gripe about Apple's AI delays in the world's largest smartphone market

Apple has yet to announce a mainland China release date for its new AI service.

Space

China rolls out rocket for Shenzhou-19 astronaut launch (video)

China rolled out the rocket and crew capsule for the Shenzhou-19 mission, the nation's next astronaut launch to the Tiangong space station.

The Independent UK

Financial cooperation and BRICS expansion are on the table as Putin hosts Global South leaders

Russia’s President Vladimir Putin is hosting China’s Xi Jinping, India’s Narendra Modi and other world leaders at a summit of the BRICS bloc of developing economies, part of Kremlin efforts to challenge Western global clout

Top News

Russian Disinformation Targets Democratic VP Candidate Tim Walz

Russian groups behind disinformation targeting Tim Walz as part of broader strategy to undermine Democratic campaign.

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