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The Latest Breaking News from China

The free trade myth: how the US manipulates global markets for economic supremacy

US president, Joe Biden, raised tariffs on Chinese-made goods sharply in May, claiming that the “Chinese government has cheated by pouring money into Chinese companies … hurting competitors who play by the rules”. The tariffs are 25% on steel and aluminium, 50% on semiconductors and solar panels, and 100% on…

The Conversation

Mexico reported nearly 1.4 million irregular migrants heading to the U.S. so far in 2024

They come from 177 countries, mainly from Central and South America, the Caribbean, Africa, China, and India.

Latin Times

Stocks Climb, With the Nasdaq 100 Posting New Record Highs

The S&P 500 Index ($SPX ) (SPY ) today is up +0.48%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.50%. Stock indexes today are higher, with the Nasdaq 100 posting a new record high....

Barchart

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Adidas Shares Slide Following China Corruption Claims

Adidas shares slid Monday as the German sportswear giant said it was investigating alleged bribery in China after senior employees were reportedly accused of embezzling huge sums.

International Business Times

China's Property Sector Remains Lifeless And Factory Output Shows Dismal Performance

China's property market showed worrisome inactivity while factory output fell short of expectations.

International Business Times

Stocks Mixed on Higher Bond Yields

The S&P 500 Index ($SPX ) (SPY ) today is up +0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.17%. Stock indexes today are mixed, with the Nasdaq 100 posting a new record high....

Barchart

China launches anti-dumping investigation into EU pork imports

China’s probe into EU pork comes in retaliation to the bloc’s decision to add additional tariffs on electric cars.

Al Jazeera

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Higher Bond Yields Weigh on Technology Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.10%. Stock indexes today are posting moderate losses. Higher T-note yields today are undercutting chip...

Barchart

Major Chinese semiconductor company goes bankrupt — 23 others recently withdrew IPO applications

Following the collapse of a $3 billion IDM project, doubts are growing about the prospects of China's chip industry.

Tom’s Hardware

China And Philippines Clash In South China Sea

Ongoing tensions in the South China Sea due to China's maritime claims and disputes with neighboring countries pose risks for regional stability.

Top News

3 Semiconductor Stocks to Buy for AI Upside

Uncover three semiconductor stocks primed for significant gains from the AI boom, as these companies are well-positioned to leverage the increasing demand for advanced artificial intelligence technologies and applications.

Barchart

Zephyr launches 'world's first' Nvidia RTX 4070 ITX form factor card — dual-slot and just 172mm long

The world’s first ITX-friendly Nvidia GeForce RTX 4070 has arrived, claims China’s Zephyr. An infomercial with details of the new RTX 4070 ITX Sakura Blizzard graphics card was shared by Zephyr this weekend.

Tom’s Hardware

China and Philippines face off over South China Sea collision

Beijing and Manila blame one another as two vessels collide off the Philippines.

Al Jazeera

The threat of a Europe-China trade war looms as Beijing launches an anti-dumping probe on pork

China’s probe into European pork follows EU tariffs on Chinese-made electric vehicles.

Fortune

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International Business Times

US Can 'Keep Up With China' Through Stablecoins: Former House Speaker Ryan

Former House Speaker Paul Ryan urged lawmakers to consider drawing up a regulatory framework for stablecoins, which he said could help the U.S. catch up with China's pace in adopting advanced financial technology.

The Guardian - UK

China new home prices drop at fastest rate in nearly a decade

Property glut holds down prices despite government attempts to revive market

Top News

Chinese Premier Li Qiang's Visit To Australia Highlights Tensions

Chinese Premier Li Qiang's visit to Australia aimed to mend strained relations, marked by an incident at a press briefing. Despite tensions, positive outco...

The Independent UK

Freed Australian reporter says Chinese officials tried to ‘block’ her view at Li Qiang event

Video footage from event shows Australian journalist being moved to a new seat after she was flanked

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Top News

China's New Home Prices Experience Biggest Fall In A Decade

China's real estate market faces challenges with declining prices, while other sectors show signs of improvement. Concerns about deflation persist amidst t...

The Independent UK

Chinese and Philippine ship collision just the latest in a string of South China Sea confrontations

China has been at odds with many other countries in the Asia-Pacific for years over its sweeping maritime claims, including almost all of the South China Sea, a strategic and resource-rich waterway

International Business Times

China Says Launches Anti-dumping Probe Into EU Pork Imports

China said Monday it had launched an anti-dumping investigation into pork imports from the European Union, the latest step in a mounting trade stand-off between the bloc and its largest economic partner.

Barchart

Stocks Set to Open Mixed as Investors Await U.S. Economic Data and Fed Speak

June S&P 500 E-Mini futures (ESM24) are down -0.03%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.12% this morning as market participants looked ahead to a fresh batch of U.S. economic data and comments from a host of Federal Reserve officials.

The Independent UK

China keeps lending rate unchanged as data show housing market is still struggling

China has kept a key lending rate unchanged despite signs of continued weakness in the second-largest economy's manufacturing and the property sectors

Top News

China Faces Weather Extremes: Flooding In South, Drought In North

China faces severe weather challenges with floods in the south and a heatwave in the north, prompting disaster prevention measures and drought concerns.

The Times of India

'Deadpool And Wolverine' secures China release; Ryan Reynolds and Hugh Jackman's 'R' rated movie likely to face censorship cuts

In a first, Beijing's film regulators have approved the highly anticipated 'Deadpool And Wolverine', starring Ryan Reynolds and Hugh Jackman, for its release in China, simultaneously with its release in North America on July 26.

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