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The Latest Breaking News from China

Chinese chip firms say a new round of US sanctions won’t stop China’s chip industry — Chinese government responds with its own export restrictions anyways

The US and China trade blows yet again on semiconductor products and minerals, but Chinese companies say they’ll survive.

Tom’s Hardware

Chanel heads to Hangzhou, China for a poetic Métiers d’Art 2025 show

This evening in China (3 December 2024), Chanel travelled to Hangzhou’s much-mythologised West Lake, a Unesco World Heritage site, for a show that highlighted the extraordinary craft of the house’s artisans

Wallpaper

MP hits outs at supermarkets selling products linked to slave labour

Sarah Champion argued that UK supply chains are ‘awash with Uighur forced labour products’.

Evening Standard

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Doctors discover live worms growing under a woman's eyelid in China

An office worker in Beijing developed a parasitic infection that caused worms to grow under her right eyelid.

LiveScience

Unveiling 14 Analyst Insights On East West Bancorp

14 analysts have shared their evaluations of East West Bancorp (NASDAQ:EWBC) during the recent three months, expressing a mix of bullish and bearish perspectives.

Benzinga

What's Going On With Broadcom (AVGO) Stock?

Shares of Broadcom have gained roughly 3.5% since Monday's open. The U.S. government announced its latest sanctions targeting China's semiconductor industry.

Benzinga

China’s share of global electric car market rises to 76%

Market share increases after strong demand within country offsets risks from western tariffs on Chinese-made EVs

The Guardian - UK

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China's Xi Vows To Deepen Infrastructure Cooperation With Nepal: State Media

President Xi Jinping on Tuesday told Nepali Prime Minister Khadga Prasad Sharma Oli that China will offer more support to develop the country's infrastructure, Chinese state media reported.

International Business Times

NATO to step up action against Russian, Chinese ‘sabotage’

Infrastructure in several NATO states has been damaged in recent months, with ‘sabotage’ suspected.

Al Jazeera

Asian Markets Boosted By New China Hope, Euro Falls On France Woes

The gains, which followed another record day on Wall Street, came as traders were also left assessing Washington's decision to impose fresh tech export restrictions on Beijing in the latest volley in a long-running standoff between the rival powers.

Latin Times

Can Donald Trump enact tariffs without Congress? And can anyone stop him?

Raising tariffs on US goods may hurt the economy, but can Trump push them through anyway?

Al Jazeera

China Bans Key Tech Material Exports To US

China bans export of gallium, germanium, and antimony to the U.S. citing military applications, amid escalating trade tensions and national security concerns.

Top News

Can the world’s trade police survive Trump II?

Relevance of World Trade Organization under scrutiny amid US president-elect’s protectionist stance

The Guardian - UK

Park Min-jae death: South Korean actor known for Little Women and True to Love dies at 32

Actor was visiting China when he suffered cardiac arrest

The Independent UK

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The Independent UK

China bans exports of gallium and other key high-tech materials, hitting back at US chip sanctions

China has announced it is banning exports to the United States of gallium, germanium, antimony and other key high-tech materials with potential military applications

Barchart

Stock Index Futures Tread Water Ahead of U.S. JOLTs Report and Fed Speak

December S&P 500 E-Mini futures (ESZ24) are up +0.01%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.01% this morning as market participants braced for the latest reading on U.S. job openings while also awaiting comments from Federal Reserve officials.

Benzinga

Tesla China Sees Robust Demand In Q4, With Registrations Up 14.2% YoY So Far: Expert Says EV Giant On Track For 'Best Quarter Ever'

Tesla's insurance registrations in China reached 18,600 units for the week ending Dec. 1, indicating robust demand in one of the electric vehicle maker's key markets, according to data shared by industry analysts.

International Business Times

'Proudly Stingy': Chinese Millennials Embrace Frugality Amid Rising Costs

More Chinese millennials are hopping in on the trend of being frugal about everything including food.

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The Independent UK

Russia and China exploiting UK’s technology dependence to cause ‘maximum destruction’, GCHQ warns

The NCSC’s annual report shows a threefold increase in the most serious cyber incidents affecting the UK in 2023-24

International Business Times

China Curbs Exports Of Key Chipmaking Components To US

Beijing said Tuesday it would restrict exports to the United States of some key components in making semiconductors, after Washington announced curbs targeting China's ability to make advanced chips.

TechRadar

The OnePlus 13 is officially going global in January

The OnePlus 13 is only on sale in China at the moment, but that's going to change next month.

International Business Times

China Lifts Final Bans On Australian Red Meat As Trade Row Nears End

China has fully lifted suspensions on Australian red meat, Canberra said Tuesday, dismantling one of the final barriers in a four-year trade war that hammered US$13 billion of exports.

International Business Times

Biden Kicks Off Two-day Angola Visit

US President Joe Biden is in Angola on Tuesday for the first and only visit to sub-Saharan Africa of his presidency, which is focused on a major infrastructure project that is a counterpoint to China's investments.

Top News

US Implements Export Controls On Semiconductors Amid China Tensions

US imposes export controls on semiconductors to curb China's military and tech advancements, sparking tensions.

The Independent UK

US expands list of Chinese technology companies under export controls

The U.S. Commerce Department has expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chips

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