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The Latest Breaking News from China

China Prepares For Military Drills Amid Taiwan Tensions

Recent tensions between China and Taiwan escalate as China's military gears up for drills following President-elect Trump's stance on defending Taiwan.

Top News

Seoul Stocks Dive On South Korea Woes As Asian Markets Struggle

The retreat came on a tough day for Asian markets despite another record on Wall Street, though Hong Kong bounced in the afternoon after China said it would adopt a looser approach to monetary policy.

Latin Times

Asia And Europe Markets Mixed; Crude Gains Amid China Policy Shift - Global Markets Today While US Slept

US markets mixed, Nasdaq and S&P 500 hit record highs on strong forecasts and jobs data, Dow down due to health insurance stocks. Asian markets mostly up.

Benzinga

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Stocks Set for Muted Open as Investors Await U.S. Inflation Data

December S&P 500 E-Mini futures (ESZ24) are down -0.10%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.14% this morning as investors looked ahead to the release of U.S. inflation data later in the week, which will be scrutinized by Federal Reserve officials before their final meeting this year.

Barchart

Chinese leaders pledge 'moderately loose' monetary policy, more support for slowing economy

China's top leaders have pledged to loosen monetary policy and provide more support for the slowing economy

The Independent UK

Trump calls on China to help end ‘madness’ between Russia and Ukraine: ‘World is waiting’

Incoming US president says Ukraine’s Volodymyr Zelensky ‘would like to make a deal and stop the madness’

The Independent UK

BYD could near Honda and Ford in cars sold this year as EV giant looks set to surpass its 4 million sales target

BYD sold around 3.8 million cars in the first 11 months of 2024, a 40% year-on-year jump.

Fortune

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Taiwan raises alert to ‘high’ amid presence of Chinese warships

Nearly 90 Chinese navy, coastguard ships reported near Taiwan, southern Japanese islands, East and South China Seas.

Al Jazeera

China's Leaders Vow More 'Relaxed' Monetary Policy In 2025

Chinese President Xi Jinping and other top leaders said Monday they would adopt a more "relaxed" approach to monetary policy as they hashed out plans to boost the economy next year.

International Business Times

Taiwan says China has sent naval ships into nearby waters ahead of anticipated drills

China’s military appears to be preparing for widely anticipated drills in response to a recent visit by Taiwan's president to Hawaii and Guam

The Independent UK

Taiwan Military On High Alert As China Warships Sail Near Island

Taiwan said its military was on high alert as Chinese warships sailed near the island on Monday, preparing for a strong response from China to President Lai Ching-te's stopovers in the United States.

International Business Times

FTSE 100 Live 09 December: Miners rally on China stimulus hopes, Domino’s Pizza falls

China-focused stocks and the advertising business WPP today provided support to the FTSE 100 index.

Evening Standard

Nauru agrees to give Australia a veto right over a range of pacts with third nations including China

Australia has announced a multimillion-dollar agreement with Nauru that gives Australia a veto right over a range of pacts the tiny Pacific atoll might want to enter with third countries including China

The Independent UK

Why is Canada scrambling to counter Russia, China in the Arctic?

Canada has unveiled a new Arctic strategy to counter what it describes as threats from geopolitical rivals.

Al Jazeera

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The Conversation

At first glance, Australia’s new treaty with Nauru seems to be a win-win. But questions remain

At first blush, today’s announcement that Australia and Nauru have signed a security treaty offers something for both countries. Australia increases its influence in a region in which it feels threatened by China. Nauru receives economic assistance and reliable banking services.

International Business Times UK

OnlyFans Is Now Accessible In China: Here's Why It's A Big Deal

China, known for its strict censorship, surprisingly allows access to OnlyFans, raising questions about the country's changing internet policies.

The Conversation

China restricted young people from video games. But kids are evading the bans and getting into trouble

In late November, Australia’s federal parliament passed landmark legislation banning under-16s from accessing social media.

The Guardian - AU

Ukraine war briefing: Trump urges China to help end Ukraine war

After meeting US president-elect, Volodymyr Zelenskyy cautions that Ukraine needs a ‘just and robust peace, that Russians will not destroy within a few years’. What we know on day 1,020

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Top News

China Increases Military Presence Near Taiwan Amid Rising Tensions

China increases military presence near Taiwan in response to diplomatic visits, raising tensions in the region.

The Conversation

Share pledging is linked to higher corporate misconduct in China, study finds

Share pledging, where corporate insiders uses shares as collateral for personal loans, has been at the heart of several high-profile corporate scandals in recent years.

Barchart

Up 47% Post-Election, Can Tesla Stock Keep Soaring?

Is Tesla's post-election rally, coupled with newfound optimism, a prelude to sustained momentum, or could struggles in China dampen its upward trajectory?

Evening Standard

British unprocessed pork exports to China resume as Covid-era restrictions end

Industry revenues could be increased by an estimated £80 million as a result of the agreement announced on Sunday, the Government said.

FourFourTwo

‘Scoring in a World Cup is like winning the title – can you imagine millions of people celebrating something you did? It’s insane and made me very proud’: Brazil legend explains how much 2002 goal meant to him

Brazil stars regularly score at the World Cup, but for one player in particular in proved an especially proud moment in 2002

AAP

Aussie James gets halfpipe season underway with silver

Scotty James has gone close to defending his halfpipe title at Secret Garden in China, finishing second in the opening event of the new World Cup season.

TechRadar

Chinese data centers told to stick to Nvidia chips, domestic chips not compatible

Despite significant growth in China's AI computing capacity, US sanctions limit access to advanced GPUs.

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