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The Latest Breaking News from China

Nvidia shares fall and its Chinese rivals soar after Beijing urges AI companies to look elsewhere for chips

China’s move is designed to bolster its local AI chip ecosystem.

Fortune

China’s beleaguered real estate shares jump almost 10% after Beijing makes its ‘strongest housing pledge to date’

Investors gave China's stock markets their best week in years after Beijing promised more stimulus measures to support the economy.

Fortune

EU States Plan Friday Vote On Chinese EV Tariffs

EU member states are expected to vote on whether to slap hefty tariffs on imported electric cars from China on Friday, European diplomats said on Monday.

International Business Times

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China's enormous FAST radio telescope is getting even bigger (video)

China has kicked off of a second phase of construction to enhance the capabilities of FAST, which is already the world's largest single-dish radio telescope.

Space

Crew of Vietnamese fishing boat injured in an attack in the South China Sea, state media say

Vietnam's state media say a Vietnamese fishing boat was attacked in the South China Sea near the Paracel Islands, which are claimed by both China and Vietnam, and 10 crew members sustained injuries

The Independent UK

Stocks Set for Muted Open as Investors Await U.S. Jobs Data and Powell Speech

December S&P 500 E-Mini futures (ESZ24) are down -0.08%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.09% this morning as market participants looked ahead to remarks from Federal Reserve Chair Jerome Powell and other Fed officials as well as a fresh batch of U.S. labor market data, with…

Barchart

Economists say the new measures won’t be enough to reverse the economic slowdown, calling for strong fiscal action

Caixin Global

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Shanghai Composite Index Rose 8.06% on Monday

Shenzhen Component Index closed up 10.67%

Caixin Global

US approves $567m in military support for Taiwan

The support is the latest move by Washington to boost the island’s military in the face of rising tensions with China.

Al Jazeera

Japan's stocks slump after prime minister election; Shanghai benchmark soars more than 5%

Asian markets have had a wild start to the week, with Tokyo's Nikkei 225 index tumbling nearly 5% while Chinese markets soared on news of fresh stimulus for the faltering economy

The Independent UK

China factory surveys show economy weakening, as Beijing steps up support

Surveys of Chinese factory managers show the economy weakening in recent weeks, as the government ratchets up stimulus

The Independent UK

China Megacities Ease Homebuying Rules To Boost Property Market

Three Chinese megacities on Monday eased restrictions on buying homes and Beijing's central bank said it would ask financial institutions to lower mortgage rates, as the country seeks to pull itself out of a housing slump.

International Business Times

The Buick Envista is America's wake-up call for Chinese cars

TheStreet's automotive writer James Ochoa recently drove the Buick Envista, a car originally made for the Chinese market.

The Street

Australian optimism tempered over Chinese stimulus

Australia has welcomed a major Chinese stimulus as its stalling economy has flow-on effects but the treasurer has warned about being overly optimistic.

AAP

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Top News

China's Foreign Minister Urges Peaceful Resolution In Global Conflicts

China's Foreign Minister Wang Yi's U.N. General Assembly speech highlights China's diplomatic efforts, sovereignty principles, and stances on global issues.

Fortune

Russia is about to face the moment of truth on an economic lifeline from China

“An abrupt shortage of yuan or a complete refusal to accept payments from Russia by Chinese banks is possible.”

TechRadar

Wait, now Broadcom makes GPUs? Nvidia could face unexpected foe in China as ByteDance could use rival bigger than Intel, AMD, Arm and Qualcomm to design its AI chips

TikTok parent company ByteDance wants Broadcom and TSMC to design its AI chips.

Tom’s Hardware

China makes AI breakthrough, reportedly trains generative AI model across multiple data centers and GPU architectures

China has found a way to efficiently use multiple data centers to train a single GAI model.

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news in one place.

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Tom’s Hardware

Huawei guns for Nvidia market share in China — Ascend 910C GPU customer sampling begins

Huawei's latest GPU for AI, the Ascend 910C, has finally hit the sampling stage.

The Guardian - AU

Strike on central Beirut as Lebanon death toll passes 100 – as it happened

This live blog has closed

France 24

Trojan cars: Why the US fears Chinese cyberattacks on electric vehicles

The White House announced a plan this week to ban the sale or import of connected vehicles containing “specific pieces of hardware and software” that could be made in China or Russia, citing national security fears. While the threat of cyberattacks on connected vehicles is very real, the timing of…

The Independent UK

What to know from the UN: China, Russia have their say, and a frog metaphor makes a cameo

China and Russia got their turns at the U.N. General Assembly podium on Saturday, but — per usual — their top leaders didn't speak. Instead, they turned to their foreign ministers, WANG YI and SERGEY LAVROV.

The Independent UK

Boris Johnson claims Covid originated in lab, in sudden U-turn in his views

Claim in ex-PM’s memoir contradicts his earlier warning that virus emerged from unsanitary ‘wet’ markets

The Independent UK

China, at UN, warns against 'expansion of the battlefield' in the Ukraine war

Three days before his communist government turns 75, China’s foreign minister is warning fellow leaders against an “expansion of the battlefield” in Russia’s war with Ukraine

The Street

China keeps adding new countries to its visa-free program

The country's visa-free rules for tourists are working well enough to extend.

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