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The Latest Breaking News from China

Applied Optoelectronics - Leader in Fiber Optics

Summary Applied Optoelectronics (AAIO) has shown exceptional price appreciation, gaining 145.98% since a Trend Seeker buy signal on 11/7, with strong technical indicators. The company designs and sells fiber-optic networking products, with significant market presence in the U.S., Taiwan, and China. Fundamental factors show a market cap of $1.88 billion,...

Barchart

Indonesia arrests a Chinese man wanted by Beijing over money laundering charges

Indonesian authorities have arrested a Chinese man sought by Beijing for allegedly helping transfer and laundering almost $18 million from a criminal online gambling group in China

The Independent UK

What happens when a business city like Hong Kong locks up a businessman like my friend Jimmy Lai

For years Hong Kong rivaled London and New York as a global financial center. No more. Global financial centers don’t have political prisoners.

Fortune

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Rescuers search for missing workers after railroad construction site collapses in China

State broadcaster CCTV says nearby residents have been evacuated

The Independent UK

US says ‘Salt Typhoon’ Chinese hacking group behind major metadata theft

Senior US official says that dozens of telecoms providers around world targeted as China slams cybersecurity ‘slander’.

Al Jazeera

Deck the Hill with books aplenty: Capitol insiders share their favorites of 2024

Nothing says “holiday gift” like a 400-page tome about history, politics or power. We asked some of Washington’s busiest readers for their recommendations.

Roll Call

Rescuers search for 13 workers missing after a railroad construction site collapses in south China

Chinese authorities are searching for 13 workers who went missing after a construction site caved in in the southern business center of Shenzhen

The Independent UK

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Trusted partner to the Pacific, or giant fossil fuel exporter? This week, Australia chose the latter

Australia has long tried to be two things at once – a trusted friend to Pacific nations in a bid to reduce China’s influence, and a giant exporter of fossil fuels. This diplomatic tightrope has become increasingly hard to walk, as Pacific nations see climate change as an existential threat.

The Conversation

Taiwan's Lai Kicks Off Visit To US Territory Guam

Taiwan President Lai Ching-te on Thursday called on like-minded governments to "safeguard democracy" during a visit to US territory Guam, his second stop on American soil in a Pacific tour that has angered Beijing.

International Business Times

Americans Prioritize National Defense And Foreign Policy In New Survey

Survey by Ronald Reagan Institute reveals Americans prioritize foreign policy and national defense, supporting U.S. global leadership and military strength.

Top News

The Chinese EV Market Is Now Unbeatable

Over the past decade, Chinese automakers have staged a stunning rise in the auto industry, establishing a clear lead over the U.S. and Europe in democratizing electric vehicles. Now the latest sales data suggests that the country is so far ahead in electrification that a miracle would be needed for…

InsideEVs

Tesla Boosts Marketing In China, Highlights Safety Features During Year-End Sales Push: Report

Tesla ramps up marketing in China, highlights Model 3 safety ratings, and offers incentives to boost year-end sales amid global delivery challenges.

Benzinga

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The Guardian - US

The South Korean coup is a perfect coda to the Biden presidency

Joe Biden’s Indo-Pacific policy of pursuing detente against China at all costs meant embracing Yoon, whose anti-democratic attitude has always been clear

Reason

China Goes Tit for Tat Over U.S. Chip Bans

Semiconductor protectionism is a downward spiral that makes both parties poorer.

Benzinga

General Motors' China JV Woes Trigger Billions Of Charge: Details

GM shares down after recognizing $2.7 billion equity loss in China joint ventures. The company expects to record an other than temporary impairment of equity interest in the China JV's in the range of $2.6 billion – $2.9 billion in three months ending December 31, 2024.

The Independent UK

Armed ethnic rebels in northeast Myanmar declare ceasefire and seek talks with military government

A major ethnic rebel group in Myanmar has announced a unilateral ceasefire in its conflict with the ruling military and called for a dialogue under Chinese auspices to help restore peace in the country’s northeast

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InsideEVs

Why General Motors Just Took A $5 Billion Hit In China

For much of this year, we've been covering the rise of the Chinese auto industry as primarily a problem for the European auto industry. Every car company has lost sales in their biggest market as the local competition got better and better, but Volkswagen and others have to do battle…

Al Jazeera

Tech wars: Why has China banned exports of rare minerals to US?

The two countries have imposed tit-for-tat export restrictions for months to hamper technological and AI development.

TechRadar

China declares US chips unsafe, urges companies to use domestic semiconductors

China has warned organizations against the use of US chips, as well as banning mineral exports used in US military applications.

The Guardian - US

GM to write down value of China business by more than $5bn

Automaker is restructuring in China after losing about $350m in the region in the first three quarters of this year

InsideEVs

Americans Just Aren't Buying Volvo EVs

Volvo is struggling to sell all-electric cars in the United States. While its EV game has seen solid gains in Europe, China and everywhere else, the story is completely different stateside. As in, it’s very bad. And a lack of new models that are powering Volvo's electric success elsewhere is…

The Independent UK

Relic of the Buddha loaned by China gets a warm welcome in Thailand

More than 2,000 people have taken part in a procession to escort a relic of the Buddha, lent by China, to a shrine in the Thai capital Bangkok to honor the birthday of King Maha Vajiralongkorn and to celebrate half a century of diplomatic relations between Thailand and China

Tom’s Hardware

China's largest chip industry associations say it's unsafe to buy US chips — warnings come in the wake of new US sanctions

Chinese industry condemns sweeping sanctions against the country's semiconductor industry by the U.S. government.

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