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The Latest Breaking News from China

Crude Prices Slip on Dollar Strength as Easing of Middle East Tensions

February WTI crude oil (CLG25 ) today is down -0.66 (-0.84%), and February RBOB gasoline (RBG25 ) is down -0.0055 (-0.26%). Crude and gasoline prices today are moderately lower. Today's stronger dollar is weighing on crude prices. Also, today's action by Israel's security cabinet to approve a ceasefire and hostage-prisoner...

Barchart

US Legislation Aims To Counter China's Influence In Latin America

New legislation introduced to counter China's influence in Latin America by encouraging investment and reshoring jobs, reflecting a strategic shift in U.S....

Top News

Trump, Xi Speak By Phone, Vow Improved Ties Despite Threats

Donald Trump and Chinese President Xi Jinping spoke by phone on Friday, days before the incoming US president returns to the White House, with both leaders vowing to take a positive approach to improving ties between the rival countries.

International Business Times

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Stocks Rally on US Economic Strength and US-China Trade Optimism

The S&P 500 Index ($SPX ) (SPY ) today is up +1.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.91%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.56%. March E-mini S&P futures (ESH25 ) are up +1.05%, and March E-mini Nasdaq futures...

Barchart

TikTok to be banned in the US from Sunday after Supreme Court ruling

Ban will go ahead unless the app is sold by its China-based parent company

Evening Standard

Polestar 7 electric compact SUV coming to take on Tesla Model Y

European-built Polestar EV follows British-engineered Polestar 5 and 6 models

The Independent UK

Stocks Climb on Lower Bond Yields and Chip Stock Strength

The S&P 500 Index ($SPX ) (SPY ) today is up +0.71%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.23%. March E-mini S&P futures (ESH25 ) are up +0.85%, and March E-mini Nasdaq futures...

Barchart

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Supreme Court upholds law banning TikTok if it's not sold by its Chinese parent company

The Supreme Court has upheld the federal law banning TikTok beginning Sunday unless it’s sold by its China-based parent company, holding the risk to national security posed by its ties to China overcomes concerns about limiting speech by the app or its 170 million users in the U.S. A sale…

The Independent UK

President-Elect Trump Speaks With Chinese President Xi Jinping

President-elect Trump's positive conversation with Chinese President Xi Jinping highlights diplomatic relations and future collaboration for global peace.

Top News

Donald Trump Holds Phone Talks With Chinese Leader Xi

Chinese President Xi Jinping held phone talks Friday with US President-elect Donald Trump, Chinese state media reported.

International Business Times

China tech shrugged off Trump’s ‘trade war’ − there’s no reason it won’t do the same with new tariffs

When Donald Trump returns to the White House, he’ll be accompanied by a coterie of China hawks, all vowing to use tariffs and export bans to stop Beijing from challenging the United States’ supremacy in technology.

The Conversation

TikTok among six tech firms under fire for sending Europeans' personal data to China

Temu, Xiaomi, AliExpress, Shein, WeChat, and TikTok are in breach of EU laws, say experts. Here's what we know so far.

TechRadar

Overdone price hikes, the demise of ‘quiet luxury,’ and sluggish European tourism—here's what Bank of America expects will shape luxury in 2025

“We think that like the game of snakes and ladders, 2025 will see many ups and downs for the luxury sector,” Bank of America analysts said.

Fortune

TSMC: Long-Term Outlook Still Strong as Geopolitical Risk Rises

Taiwan Semiconductor Manufacturing pleased investors with its latest earnings. However, its important to consider how new U.S. controls could affect the stock.

MarketBeat

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Barchart

Xiaomi - Outselling Tesla in China

Summary Xiaomi Corporation's stock (XIACY) has shown strong technical buy signals and significant price appreciation, gaining 19.25% since the Trend Seeker buy signal on 12/2. The company operates in multiple segments, including smartphones, IoT products, internet services, and smart electric vehicles, with a market cap of $110 billion. Barchart's technical...

The Guardian - UK

China’s economy hits 5% growth target but rate among slowest in decades

Latter part of 2024 ‘recovered remarkably’ after stimulus measures, says National Bureau of Statistics

InsideEVs

Mercedes Boss Wants The EU To Drop Emissions Fines

Electric cars had a rough time last year in Europe. Despite more affordable models being launched, the latest provisional data shows a 6% decline in EV registrations in Europe compared to 2023–in contrast to the uptick in sales in the United States and China.

Barchart

Stock Index Futures Gain as Bond Yields Fall, U.S. Economic Data in Focus

March S&P 500 E-Mini futures (ESH25) are up +0.35%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.48% this morning, pointing to a positive opening on Wall Street as Treasury yields edged lower, while investors awaited fresh data on the U.S. housing market and manufacturing sector.

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Top News

China Faces Demographic Challenges With Declining Population

China's population decline and aging demographics pose challenges for the country's future. Efforts to address declining birth rates and an aging populatio...

Top News

Chinese President Xi Jinping To Skip Trump's Inauguration

Chinese President Xi Jinping opts to send Vice President Han Zheng as special representative to Trump's inauguration, showcasing China's readiness for dial...

Latin Times

Mexico's Sheinbaum Vows to Curb China Imports in New Concession to Incoming Trump Admin

The announcement comes two weeks after Mexico pledged a a 19% duty on goods entering the country via courier from nations without trade agreements like China

International Business Times

'No Money': Gloom On Beijing Streets As Economic Growth Slows

Consumers pinching pennies, businesses seeing fewer customers, and a pervading sense that the economy just isn't bouncing back -- the mood was grim in Beijing as China posted some of its lowest growth in decades.

Top News

Asian Markets React To China's 5% Economic Growth Report

Asian shares decline after China's 5% growth rate announcement. U.S. futures up, oil prices rise. Market reactions varied across Asia and the U.S.

The Guardian - UK

FTSE 100 share index hits record high; relief for Rachel Reeves as UK borrowing costs fall – as it happened

Rolling coverage of the latest economic and financial news, as Britain’s blue chip share index hits new peak of 8533 points

Evening Standard

TikTok ban won't be enforced by Joe Biden, leaving fate of Chinese-owned app in Trump's hands

TikTok's China-based parent company ByteDance is legally required to divest the company by Sunday, January 19, a day before the US presidential inauguration

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