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The Latest Breaking News from China

Leaders of Russia and China to meet in Central Asian summit in a show of deepening cooperation

Russian President Vladimir Putin and Chinese President Xi Jinping will meet Thursday for the second time in as many months as they travel to Kazakhstan for a session of an international group founded to counter Western alliances

The Independent UK

240,000 People Evacuated In China Rainstorms

Nearly a quarter of a million people were evacuated in eastern China as rainstorms lashed swathes of the country and caused the Yangtze and other rivers to swell, state media reported Wednesday.

International Business Times

Taiwan says China told Taiwan's coast guard to not interfere in the detention of Taiwanese boat crew

Taiwan says China ordered Taiwan's coast guard away from interfering in the detention of a Taiwanese fishing boat and its crew off the Chinese coast in what is seen as an increasing Chinese attempt to encroach on Taiwanese territory

The Independent UK

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Olympic twist to Jack McVeigh's basketball love story

Australian Boomers forward Jack McVeigh's decision to sidestep his honeymoon to press claims for a Paris Olympics berth looks increasingly likely to pay off.

AAP

Chinese firms eye Morocco as way to cash in on US electric vehicle subsidies

Investment in electric vehicle manufacturing is booming in Morocco, a country that neighbors Europe and enjoys a free trade agreement with the United States

The Independent UK

Xi’s central Asia trip aims to cement ties as China vies for influence with Russia

SCO summit brings together leaders of global south but also likely to test Beijing and Moscow’s ‘strategic partnership’

The Guardian - UK

Tesla Needs A Radical Strategy To Turn Around. How About Acting Normal?

Tesla's global car deliveries dropped for the second quarter in a row. What would it take to turn things around?

InsideEVs

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Ford chief says Americans need to fall ‘back in love’ with smaller cars

Jim Farley says country is ‘in love with these monster vehicles’ but big cars are not sustainable in the age of EV

The Guardian - US

Taiwan says China's coast guard has detained a Taiwanese fishing vessel and demands its release

Taiwan says that China’s coast guard has boarded a Taiwanese fishing boat and steered it to a port in mainland China

The Independent UK

3 Emerging Market Gems for Diversified Growth

Emerging markets and economies are poised to experience robust growth owing to rising net capital inflows, rapid global growth, and broadening horizons. Against this backdrop, it could be wise to invest in solid emerging market stocks, Taiwan Semiconductor (TSM), Alibaba Group (BABA), and MercadoLibre (MELI), for diversified growth. Keep reading.

StockNews.com

How U.S.-China competition is benefiting the world—and reshaping the global economy

The migration of supply chain to third countries by Chinese, U.S., and European multinationals is an overlooked dimension of the emerging world order.

Fortune

Philippines Says It Agrees With China To 'De-escalate' South China Sea Tensions

The Philippines and China agreed on Tuesday to "de-escalate tensions" over the South China Sea, Manila said, following a violent clash in the disputed waters last month.

International Business Times

US sends back 116 Chinese migrants in first mass deportation in five years

Homeland Security says it is planning more such deportation flights to crackdown on illegal migrants

The Independent UK

Local Chinese firms rush to fill the AI void after OpenAI abandons China market — Tencent, Baidu, and Alibaba sweeten LLM offers

OpenAI announced that it China, including Hong Kong, will no longer have access to its API by next week. Home-grown LLMs are now taking steps to woo customers their way.

Tom’s Hardware

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The Independent UK

Trump sneaker line sues over knockoffs days after Lauren Boebert brags about her ‘very China’ counterfeit pair

Company behind former president’s gold high-tops files lawsuit against online retailers selling unlicensed replicas, hoping to reclaim ‘any and all profits’ from their illicit reproduction

Fashion Times

Chanel Just Announced That Its Upcoming Métiers d'Art Show Will Take Place in China

As the luxury house navigates its future, Chanel will show its next Métiers d'Art fashion show in Hangzhou, China on December 3.

InsideEVs

Tesla's Sales Of Chinese-Made EVs Keep Shrinking

In June, Tesla Giga Shanghai's wholesale vehicle shipments, including local retail sales in China and exports, decreased year-over-year by 24%.

Space

Get an up-close look at China's Chang'e 6 farside moon rover (video)

More information has come to light regarding the hitchhiking mini-rover on China's Chang'e 6 sample-return mission to the moon's far side.

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The Conversation

Cultural differences impede trade for most countries — but not China

It’s a widely accepted notion among economists that cultural differences can pose a significant barrier to trade. The larger the cultural gap between two countries – judging by differences in language, customs, values and business norms – the more challenging and costly trade relations become. This is a recurring theme…

AAP

McVeigh boosts Paris hopes in Boomers' win over China

Tasmania JackJumpers star Jack McVeigh has put his hand up for a spot in the Boomers' final squad for the Paris Olympics with a huge performance against China.

RideApart

Milwaukee Tools Used Forced Prison Labor to Make Tools, Says Lawsuit

A new lawsuit, brought to bear by a formerly incarcerated political prisoner, states that he was forced to work in a Milwaukee Tools factory in China.

Digital Camera World

Another new 35mm film camera has launched –meet the Yes!Star S1

Here's another new 35mm film camera! This one's from Yes!Star, the Chinese company chosen by Fujifilm to produce C200 and C400 film in China

Caixin Global

Shanghai Composite Index Rose 0.08% on Tuesday

Shenzhen Component Index closed down 0.97%

International Business Times UK

'India Superior Over Any Emerging Market': 5 Things To Consider If You Want To Expand Your Business There

India is a bright spot amid global economic uncertainties with strong macroeconomic fundamentals, high saving rates and political stability.

Space

Not-so-static fire: Private Chinese rocket accidentally launches during test

Space Pioneer's new Tianlong-3 rocket took to the skies accidentally on Sunday (June 30), then crashed back to Earth in a dramatic explosion.

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