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The Latest Breaking News from China

Deadly Hit-And-Run Incident At Southern China Sports Center

Tragic hit-and-run incident at Zhuhai Sports Center in China leaves 35 dead and over 40 injured, prompting closure of the popular exercise spot.

Top News

EU top diplomat nominee strongly backs Ukraine and underlines China's links to the war

The nominee for the European Union's next top diplomat says the bloc must commit to Ukraine for the long-haul even as the war's costs mount

The Independent UK

Trump Makes New Appointments, Rubio Tapped For Secretary Of State

Both Rubio and Congressman Michael Waltz, who has been lined up for the powerful National Security Advisor role, have notably hawkish views on China, which they see as a threat and challenge to US economic and military might.

International Business Times

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First Thing: Trump expected to appoint China critics Marco Rubio and Mike Waltz

Rubio is reportedly in line for secretary of state, with Waltz expected to be made national security adviser. Plus, what’s behind all the celebrity lookalike contests?

The Guardian - UK

U.S. lawmakers ask top fab tool makers about their sales to China

Before tightening export controls, U.S. legislators want to learn about sales of American producers of chipmaking tools to China-based entities.

Tom’s Hardware

Audi Says the AUDI Brand Will Attract 'Different' Buyers

Last week, Audi confused just about everyone when it rolled out a sub-brand. While new automakers are frequently introduced in China’s hugely competitive market, this launch was different and confusing for two reasons. Audi and its local partner SAIC decided to simply call their joint company “AUDI” and use an…

Motor1

Stock Index Futures Fall as Trump Rally Pauses, U.S. Inflation Data and Fed Speak Awaited

December S&P 500 E-Mini futures (ESZ24) are down -0.20%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.21% this morning as investors assessed the potential policy impact of Donald Trump’s cabinet selections, while also awaiting comments from Federal Reserve officials, the next round of quarterly results, as well as…

Barchart

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AstraZeneca says it takes China investigation ‘very seriously’

UK’s biggest pharmaceutical company ‘committed to China’ as it raises 2024 profit forecast and announces $3.5bn US investment

The Guardian - UK

AstraZeneca boss says firm takes China probe ‘very seriously’

The group’s shares have tumbled after it emerged that the firm’s China president has been detained as Chinese authorities deepen their investigation.

Evening Standard

Trump expected to appoint China critics Marco Rubio and Mike Waltz

Rubio reportedly in line for secretary of state, while Waltz expected to be made national security adviser

The Guardian - UK

UK grocery inflation picks up to 2.3%; unemployment rises while regular wage growth slows – as it happened

Consumers started their Christmas shopping early, Kantar says; UK jobless rate rises to 4.3% while wage growth excluding bonuses is at a two-year low

The Guardian - UK

China, Russia Must Fight US 'Containment': Security Chief

Senior Russian official Sergei Shoigu on Tuesday told China's foreign minister Wang Yi their two countries' most urgent task should be countering "containment" by the United States, as they met for security talks in Beijing.

International Business Times

Dozens killed as car ploughs into crowd exercising at China sports centre

Police say the alleged attacker was upset about his divorce

The Independent UK

China Planning To Cut Taxes On Home Buying: Report

China is looking to slash taxes on home purchases as the government strengthens fiscal support for its ailing real estate sector, a media report said on Tuesday.

International Business Times

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Top News

Driver Detained After Car Plows Into Pedestrians In China

A hit-and-run incident at Zhuhai Sports Center in China leaves pedestrians injured, raising concerns about public safety in the country.

The Guardian - AU

US election updates: Trump reportedly looks to China hawks for key security and foreign policy roles

Trump will reportedly appoint Michael Waltz as his national security adviser and Marco Rubio as secretary of state, as president-elect picks cabinet

International Business Times

China's Largest Air Show Takes Off With Fighter Jets, Attack Drones

Stealth fighter jets and attack drones took centre stage as China's largest air show officially opened on Tuesday, an opportunity for Beijing to showcase its growing military might to potential customers and rivals alike.

International Business Times

China's Top Diplomat To Host Russia's Shoigu For Security Talks

China's top diplomat will host senior Russian official Sergei Shoigu for security talks in Beijing on Tuesday, as the two powers deepen relations that have triggered protest from the West.

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How Foreign Brands Can Leverage The Little Red Book to Reach Chinese Consumers Effectively

In recent years, digital commerce and social platforms have introduced new ways for brands to engage with customers. One of the fastest-growing platforms among Chinese consumers is Little Red Book (Xiaohongshu).

International Business Times

Asian Markets Stutter With Focus On China As Trump Picks Team

Traders struggled Tuesday to bounce back from the previous day's losses in most markets sparked by disappointment over China's economic support measures, while keeping tabs on the United States as president-elect Donald Trump builds his cabinet.

International Business Times

Australia Moves To Keep Its Banks In The Pacific

Australia will move to stem the exodus of its banks from the Pacific Islands, the country's top economic official said, as concerns mount that China could bolster its influence by filling in the gaps.

International Business Times

Fears Of Trump Trade Wars Cast Pall Over Asia-Pacific Summit

The presidents of the United States, China and other Asia Pacific nations gather in Lima this week for an economic summit overshadowed by the prospect of a world embroiled in trade wars under Donald Trump.

The Independent UK

Trump eyeing China hawk Mike Waltz as national security adviser

Florida congressman and former Green Beret has called for new accounability at Pentagon more aggressive posture towards Iran and China

AAP

Trump scepticism 'more widespread than admitted'

Former Labor foreign minister Bob Carr is casting doubt on the genuineness of public comments from ministers downplaying the impacts of a Trump presidency.

Fortune

Mastercard chair says that volatile U.S.-China relations have raised questions of ‘purposeful decoupling’

Donald Trump’s proposed tariffs have created vast uncertainty for businesses.

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