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The Latest Breaking News from China

Swatch Profits Plunge As China Luxury Crisis Bites

Swiss watch group Swatch saw its first half profits plunge due to the luxury market crisis in China and warned Monday the key market was likely to remain difficult throughout the rest of the year.

International Business Times

Cutthroat Competition is Undermining China’s Auto Industry, Official Says

‘Disorderly competition’ is squeezing Chinese carmakers, many of which have seen their bottom lines suffer

Caixin Global

China’s economic growth slows amid weak retail spending

Retail sales growth is the weakest since the country emerged from Covid-19 lockdowns

The Guardian - UK

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read the most diverse news in one place.

Pro AV Newsmakers: ISE Unveils New Innovation Park and a Slew of New Hires

Pro AV began July with a bang. Here's what you missed.

AVNetwork

Qualcomm sues China's Transsion, the 'Smartphone King of Africa,' for infringing on its patents

Transsion has almost half of Africa's smartphone market and the company is expanding in South Asia and other emerging markets.

Fortune

Stunning Tang dynasty mural in tomb unearthed in China may portray a 'Westerner' man with blond hair

A Tang dynasty tomb unearthed in China dates from the 700s, and the murals on its walls give an unprecedented view of daily life at the time.

LiveScience

Both Trump and Biden Are Promising More Tariffs

Yes, trade tariffs cause higher prices. Trump never understood that, and now Biden apparently has forgotten it.

Reason

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FTSE 100 Live 15 July: Boss ousted as Burberry suspends dividend, China GDP disappoints

Burberry today suspended dividends and said its chief executive had left in the wake of more tough trading.

Evening Standard

Stocks Set to Open Higher After Trump Attack, Earnings and Powell Speech in Focus

September S&P 500 E-Mini futures (ESU24) are up +0.39%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.52% this morning as investors increased their bets on Donald Trump winning the U.S. presidential election following an assassination attempt, with the focus shifting to Wall Street’s earnings season, key economic data…

Barchart

Chinese Social Media Reacts To Failed Assassination Attempt On Trump

Chinese social media reacts to failed assassination attempt on former US President Trump, sparking discussions on political implications and US-China relat...

Top News

China's Communist Party To Address Economic Challenges At Plenum

China's third plenum in Beijing addresses economic reforms amidst challenges like property crisis and trade tensions, with global implications.

The Independent UK

New players emerge in fighting in Myanmar's northeast, as powerful ethnic militias intervene

Recently renewed combat in northeastern Myanmar between troops of the military government and ethnic minority militias has in the past few days become more complicated, as two minority groups not previously involved in the fighting stepped into the fray

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International Business Times

China Posts Disappointing Growth As Officials Hold Key Meeting

China posted lower than expected growth in the second quarter on Monday, with all eyes on how top officials gathering for a key meeting in Beijing might seek to tackle the country's deepening economic malaise.

The Independent UK

Stock market today: Asian shares are mixed as China reports its economy grew 4.7% in last quarter

Asian shares began the week trading mixed as China reported that its economy expanded at a 4.7% annual pace in the last quarter

The Independent UK

Ukraine-Russia war latest: Russian strike on medical centre kills 6 after ‘awkward’ Trump and Zelensky meeting

US president Joe Biden insists Ukraine will win the war and Putin ‘will not prevail’

International Business Times

Stocks Mixed, Dollar Rises As Traders Weigh Trump Shooting

Asian markets were mixed Monday as investors weigh the impact of the assassination attempt on Donald Trump with data suggesting it has boosted his chances of being re-elected president.

The Independent UK

China's economy slowed in the last quarter as weak consumer demand dragged on growth

China says its economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter

The Independent UK

China's Communist Party will signal its approach to the country's challenges at a meeting this week

China’s ruling Communist Party is starting a four-day meeting that is expected to lay out a strategy for self-sufficient economic growth in an era of heightened national security concerns and restrictions on access to American technology

AAP

Wine industry abuzz as bottles flow into China

Months after China lifted tariffs, wine exports are surging to levels not seen since the peak of trade five years ago.

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