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The Latest Breaking News from China

China pours more money into Big Fund III: $47.5 billion and counting

Third phase of China's Big Fund is getting more money as the country is seeking semiconductors independence.

Tom’s Hardware

Hong Kong police arrest 6 people accused of violating the city's new national security law

Hong Kong police on Tuesday arrested six people, including a former organizer of the city’s decades-long annual vigil that commemorated China’s Tiananmen Square crackdown, for allegedly publishing seditious social media posts

The Independent UK

China is 'doubling down' on local chip development with a new $47.5 billion fund

High-profile successes and U.S. chip controls could be motivating Beijing to invest even more money in its semiconductor sector.

Fortune

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

Macron reiterates calls to ‘buy European’ during Germany visit

French President Emmanuel Macron made calls to "buy European" during a speech in Dresden while on a three day visit to Germany. Macron advocated for a European preference in key sectors like defence and space, following in the footsteps of Washington and Beijing. Also in this edition, FRANCE 24's China…

France 24

Lai Calls On Troops To Make Taiwan 'Safer' After China Drills

Three days after Lai was sworn into office, warships and fighter jets encircled Taiwan in drills China said were a test of its ability to seize the island it claims as part of its territory.

International Business Times

‘Russia needs China more’: Are Putin and Xi in a marriage of convenience?

While Russia and China have drawn close in the face of Western sanctions, both have other acts to balance.

Al Jazeera

China's latest round of domestic chipmaking funding raises $47 billion

DIY, superpower style.

PC Gamer

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Shanghai Composite Index Fell 0.46% on Tuesday

Shenzhen Component Index closed down 1.23%

Caixin Global

Australia raises concern over Chinese military drills

Concerns have been raised about the risk of escalation from China's military drills around Taiwan after the inauguration of a democratically-elected president.

AAP

Shanghai Lifts Home-buying Curbs To Boost Property Sector

Shanghai has relaxed rules on buying property in the city, as local governments across China aim to ease an agonising real estate crisis that is dragging on the economy.

International Business Times

China Wheelchair Users Claim Outdoors With Hand-cranked Bikes

Speeding along crumbling roads past dusty villages and herds of sheep, a team of cyclists turns heads in China's Inner Mongolia with their unusual equipment.

International Business Times

A Chinese conglomerate loses control of its elite European soccer team, as Beijing fails to dominate the world's favorite sport

Oaktree took over Italian soccer club Inter Milan last week after owner Suning failed to pay back a $429 million loan.

Fortune

China Piles $47.5 Billion Into ‘Big Fund III’ to Boost Chip Development

Third phase of the Big Fund aims to help build a semiconductor industry to circumvent U.S. export controls on powerful chips

Caixin Global

Shanghai Relaxes Mortgage Rules to Bolster Housing Market Support

China’s financial hub reduces downpayment ratios and lowers floor for mortgage rates

Caixin Global

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news in one place.

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Tom’s Hardware

US sanctions against China boost UMC's production — Taiwanese fab sees growth, but so does China

Taiwanese fab UMC has begun taking new orders from Texas Instruments, Realtek, and MediaTek. Recent US sanctions shift the global supply chain away from China, but Chinese indigenous demand keeps China in the lead.

InsideEVs

Geely Is The First Chinese Automaker To Crack The Top 10 Global Auto Sales Chart

The Geely Group passed the Mercedes-Benz Group and BMW in Q1 2024. Meanwhile, other Chinese companies are catching up and playing the long game.

Evening Standard

Best Asian spirits to sip on this summer

Tap into this summer’s hottest tend by chilling out with the latest and greatest Asian spirits

InsideEVs

Tesla Wants Its Suppliers To Make Parts Outside Of China And Taiwan Amid Rising Tensions

General Motors and Ford are also reportedly looking to secure their supply chains in case something goes wrong.

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news in one place.

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Top News

China Establishes .5 Billion Fund To Boost Semiconductor Sector

China's .5 billion fund aims to boost semiconductor sector, reduce reliance on foreign tech, and drive innovation.

Top News

Putin Visits Uzbekistan To Deepen Relations With President Mirziyoyev

Russian President Putin visits Uzbekistan to enhance bilateral relations with a focus on trade and economic cooperation.

Top News

State Department Team Helps Countries Facing Chinese Economic Coercion

The State Department's team aids countries facing Chinese economic coercion, providing consultation and support.

Top News

China, South Korea, Japan Revive Trilateral Cooperation

Chinese, South Korean, and Japanese leaders revive trilateral cooperation to address shared challenges and tensions in Northeast Asia.

The Independent UK

China conducts animal tests with Ebola-like virus that kills within three days

Researchers developed new method to study effects of Ebola virus infection under controlled lab conditions

Fortune

U.S. economic growth will eclipse China's by 2031, and the transformation Beijing needs for a revival may take 'several decades, if not longer,' top demographer says

"Historically, no country has managed to achieve 4% growth in the subsequent 12 years after the elderly made up 15% of the population."

Fortune

An influencer known as ‘China’s Kim Kardashian’ is kicked off social media after Beijing imposes rules against showing off a 'lavish lifestyle'

Social media accounts can now be erased if Chinese authorities think you're showing off your wealth too much.

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