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The Latest Breaking News from China

Joe Biden Once Understood Why Tariffs Are Bad. Then He Got Trade Policy Amnesia.

Despite campaigning against Donald Trump's tariff hikes, Biden left many of them in place.

Reason

Apple commences assembling iPhone 16 series in India

Apple has officially commenced the assembly of its entire iPhone 16 series in India, marking a significant step in the company's efforts to diversify its manufacturing operations beyond China. The news has been confirmed by GSM Arena. Read further on Dynamite News:

Dynamite News

Trump threatens to take back control of Panama Canal over ‘ridiculous fees’

Trump also hinted at China’s growing influence around the canal, which connects the Atlantic to the Pacific oceans.

Al Jazeera

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Let China build electric cars in UK, Tory ex-chancellor tells Rachel Reeves ahead of trade trip

Despite ‘spy’ scandal, Philip Hammond says Britain should now adopt a ‘pragmatic approach to Beijing’

The Guardian - UK

China says US is 'playing with fire' after latest military aid for Taiwan

The Chinese government is protesting the latest American announcements of military sales and assistance to Taiwan, warning the United States that it is “playing with fire.”

The Independent UK

Australian Open runner-up Zheng out of United Cup

Chinese star Zheng Qinwen will miss the upcoming United Cup but is in no doubt for the Australian Open.

AAP

UK should designate China a national security threat, claims Priti Patel

Shadow foreign secretary accuses China of ‘all sorts of incursions in our country’

The Independent UK

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Patel accuses Starmer of ‘desperate’ approach to China ties

Shadow foreign secretary Dame Priti Patel said China had been behind ‘all sorts of incursions in our country’.

Evening Standard

Indonesia’s BRICS agenda: 2 reasons Prabowo’s foreign policy contrasts with Jokowi’s

Indonesia’s decision to pursue membership in BRICS – an emerging economy bloc comprising Brazil, Russia, India, China, and South Africa – signals that President Prabowo Subianto is steering foreign policy in a direction contrasting with his predecessors.

The Conversation

US President Biden Authorizes $571 Million In Military Aid To Taiwan

US President Joe Biden approved $571.3 million in defense assistance for Taiwan on Friday, the White House said, as the Democrat prepares to leave office ahead of the January inauguration of Donald Trump.

International Business Times

Dear Nio Stock Fans, Mark Your Calendars for December 21

Investors expect the electric vehicle company to officially launch a new model and its Firefly brand.

Barchart

Xi Jinping urges Macau to diversify economy away from casinos

Chinese president calls for city to ‘focus on cultivating new industries’ as he attends inauguration of new leader

The Guardian - UK

China's CXMT begins producing DDR5 memory — first China-made DDR5 sticks reportedly aimed at consumer PCs

China-based CXMT has reportedly started to mass produce DDR5 memory and ship it to third-party module makers.

Tom’s Hardware

The US supreme court’s TikTok case will put free expression on the line

Let’s hope the court does the right thing, and strikes down this potential censorship before it spins out of control

The Guardian - US

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International Business Times

China Lifts Rock Lobster Ban, Bringing End To Australian Trade Barriers

China has lifted a ban on imports of Australian live rock lobsters, Canberra said Friday, demolishing the final barrier in a broader, multibillion-dollar trade war between the countries.

AAP

Live lobsters back on Chinese menus as relations thaw

China has notified Australia the live rock lobster trade can resume, following an earlier agreement and the lifting of final trade barriers on some abattoirs.

The Independent UK

China's Xi swears in new leader of casino hub Macao, telling the city to diversify economy

Chinese President Xi Jinping urged the casino hub of Macao to diversify its economy as he swore in the former Portuguese colony’s new government on Friday at an event marking the 25th anniversary of its handover to China

Top News

Republican Senators Demand Revocation Of US-China Science Agreement

Republican senators urge Biden to reconsider U.S.-China science agreement over concerns of intellectual property and knowledge transfer. Debate ongoing wit...

The Conversation

As China expands its cyber espionage and sabotage operations, how will the Trump administration respond?

US President-elect Donald Trump has named most of the members of his proposed cabinet. However, he’s yet to reveal key appointees to America’s powerful cyber warfare and intelligence institutions.

The Conversation

Heading on an overseas holiday? The Australian dollar tumbled this week – but that’s not bad news for everyone

This week, the value of the Australian dollar fell to 62 US cents, its lowest level since October 2022.

Fortune

Paramount-Skydance merger faces a new challenge over concerns about a China-based investor

Proposed Hollywood studio merger between Paramount and Skydance Media has received a new challenge this week.

International Business Times

China's Xi To Lead Macau Handover Anniversary Celebrations

Chinese President Xi Jinping will preside over a day of celebrations in Macau and inaugurate the city's new leader on Friday to mark 25 years since the former colony was returned to China.

The Independent UK

Chinese national charged with acting as Beijing's agent in local California election

A Chinese national has been charged with acting as an illegal agent for Beijing when serving as the campaign manager for an unnamed local California politician

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