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The Latest Breaking News from China

Weekly Must-Read: Chinese Banks’ Cash Flow Plummets After Crackdown on High Deposit Rate

Regulatory demand that banks stop ignoring interest caps has caused flight of corporate savers

Caixin Global

China Defence Minister Calls For 'Negotiation' To End Ukraine, Gaza Wars

Chinese Defence Minister Dong Jun said Friday that "negotiation" was the only solution to conflicts such as the wars in Gaza and Ukraine, as he addressed a global gathering of military officials in Beijing.

International Business Times

Why Rivian Bought China's 'Apple Car'

The Xiaomi SU7, sometimes called China's "Apple Car," is making waves. And now it's a benchmark vehicle for Rivian too.

InsideEVs

From analysis to the latest developments in health,
read the most diverse news in one place.

US House Approves Bills To Counter China's Influence

U.S. House passes bills to counter China's influence through technology, espionage, farmland, and diplomacy.

Top News

US House clears a largely bipartisan package of bills to counter China

The U.S. House this week approved a sweeping package of bills to counter China’s influence

The Independent UK

James Comer Gives FBI New Deadline While Citing New Evidence Of Tim Walz's 'Longstanding Connection' To China

The House Oversight Committee chair said the "FBI's silence regarding Governor Walz's relationship with CCP-affiliated entities and officials is inexcusable"

International Business Times

Blacklisted Chinese AI GPU champ Biren preps for IPO at $2.19B valuation

Nvidia's China-based rival Biren hires an investment bank to prep for an IPO at a $2.19 billion valuation while being blacklisted by the U.S. government.

Tom’s Hardware

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Oil demand growing at slowest rate since height of pandemic, says IEA

Energy watchdog says global oil prices could continue to fall from three-year lows as supply outstrips demand

The Guardian - UK

China Tells Automakers: Keep The Best EV Tech At Home

Today on Critical Materials: China wants to keep EV manufacturing at home, China pilots V2G to balance its grid, and dealerships unprepared for EV service needs

InsideEVs

James Comer gives FBI new deadline while citing new evidence of Tim Walz 'longstanding connection' to China

The House Oversight Committee chair said the "FBI's silence regarding Governor Walz's relationship with CCP-affiliated entities and officials is inexcusable"

Latin Times

China's Xi Jinping to visit Russia next month for the BRICS summit

Chinese leader Xi Jinping will visit Russia next month for a summit of the BRICS bloc of developing economies, China’s Foreign Minister Wang Yi confirmed Thursday, a move that comes as Moscow and Beijing seek to counter the West’s global influence

The Independent UK

Production of electric Fiat 500 halted for lack of European orders

Stellantis suspends output for four weeks after it becomes latest carmaker to be hit by slowdown in EV sales

The Guardian - UK

How the west is foiling Russia’s attempts to use the Arctic in the Ukraine war

Things are not exactly going to plan for Moscow in the Arctic – an area that is a strategic military region for Russia and has significant economic potential that could help Russia in propping up its war economy. Yet, a combination of Ukrainian military capabilities, western pushback and the pressure…

The Conversation

Is It Time to Hit the Exits on ASML Stock?

The article explores whether investors should consider selling ASML stock, given its 28% pullback from July highs amid trade and export control tensions.

Barchart

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Advnture

Disturbing video shows a large group of Chinese selfie-takers swept up by a giant tidal bore

Another sobering warning not to put yourself in harm's way in the wild for the sake of social media likes

Tom’s Hardware

U.S. gov may green light export of Nvidia's advanced AI processors to Saudi Arabia: Report

Advanced AI processors from Nvidia may flow to Saudi Arabia as the kingdom attempts to meet the U.S. security requirements.

Top News

American Companies In China Facing Record-Low Profits

Challenges faced by American and European companies in China due to low profits, geopolitical tensions, and a sluggish economy.

The Times of India

Is China's Wuhan lab getting ready for another outbreak?

The globe is still getting over the catastrophic effects of the COVID-19 pandemic. Are we safe, nevertheless, still? There are also persistent worries about further epidemics. Experts from over the world are keeping a careful eye on changes as new diseases and strains keep popping up, especially at China's Wuhan…

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The Independent UK

US companies see record-low profits in China amid geopolitical tensions and slow growth, report says

A report by the American Chamber of Commerce in Shanghai has found that U.S. companies in China are seeing record-low profits, with business confidence at an all-time low amid U.S.-China tensions and a slowing Chinese economy

Caixin Global

Shanghai Composite Index Fell 0.17% on Thursday

Shenzhen Component Index closed down 0.63%

The Independent UK

Pair of rare Amur tiger cubs debuting at Minnesota Zoo are raising hopes for the endangered species

A pair of rare Amur tiger cubs are making their public debut at the Minnesota Zoo, raising hopes for preserving an endangered species that’s native to far eastern Russia and northern China

International Business Times

China Will 'Crush' Foreign Encroachment In South China Sea: Military Official

China will "crush" any foreign incursion into its sovereign territory including in the South China Sea, a senior Beijing military official said Thursday on the sidelines of a defence forum.

AAP

China pledges more trade access but lobster ban remains

Australia will be the beneficiary of greater market access to China, a senior diplomat says, despite frustration over a sustained lobster ban festering.

The Conversation

Understanding risks for Australia of China’s slowing economy is Chalmers’ top priority at upcoming Beijing talks

When Treasurer Jim Chalmers travels to Beijing later this month, he and his counterpart at China’s peak economic agency, the National Development and Reform Commission, won’t be short on important topics to discuss.

Newcastle Herald

We keep teaching wrong lessons in education

Letters and Short Takes, Wednesday, September 12

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