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The Latest Breaking News from China

Why General Motors Just Took A $5 Billion Hit In China

For much of this year, we've been covering the rise of the Chinese auto industry as primarily a problem for the European auto industry. Every car company has lost sales in their biggest market as the local competition got better and better, but Volkswagen and others have to do battle…

InsideEVs

Tech wars: Why has China banned exports of rare minerals to US?

The two countries have imposed tit-for-tat export restrictions for months to hamper technological and AI development.

Al Jazeera

China declares US chips unsafe, urges companies to use domestic semiconductors

China has warned organizations against the use of US chips, as well as banning mineral exports used in US military applications.

TechRadar

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GM to write down value of China business by more than $5bn

Automaker is restructuring in China after losing about $350m in the region in the first three quarters of this year

The Guardian - US

Americans Just Aren't Buying Volvo EVs

Volvo is struggling to sell all-electric cars in the United States. While its EV game has seen solid gains in Europe, China and everywhere else, the story is completely different stateside. As in, it’s very bad. And a lack of new models that are powering Volvo's electric success elsewhere is…

InsideEVs

Relic of the Buddha loaned by China gets a warm welcome in Thailand

More than 2,000 people have taken part in a procession to escort a relic of the Buddha, lent by China, to a shrine in the Thai capital Bangkok to honor the birthday of King Maha Vajiralongkorn and to celebrate half a century of diplomatic relations between Thailand and China

The Independent UK

China's largest chip industry associations say it's unsafe to buy US chips — warnings come in the wake of new US sanctions

Chinese industry condemns sweeping sanctions against the country's semiconductor industry by the U.S. government.

Tom’s Hardware

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General Motors Faces Billion Charge Due To China Ventures

General Motors faces losses in Q4 due to underperforming Chinese joint ventures, impacting net income but not adjusted pretax earnings. GM navigates challe...

Top News

As the U.S.-China Trade War Heats Up, Here's 1 Stock to Buy

In the latest tit-for-tat trade war move, China is cutting off exports of gallium, germanium, and antimony to the U.S. This move has one metals stock really heating up.

Barchart

Chinese Coast Guard Aggression Escalates In South China Sea

Chinese vessels engaged in aggressive actions against Philippine patrol vessels in the South China Sea, prompting condemnation from the U.S. and reaffirmat...

Top News

Biden Promotes U.S. Investment In Africa's Lobito Corridor

President Biden highlights Lobito Corridor railway project in Angola to boost regional infrastructure and counter China's influence.

Top News

China losses force General Motors to take over $5B in charges to restructure and cut asset values

The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in the fourth quarter of this year

The Independent UK

In Angola, Biden Promises To Invest Differently To China

President Joe Biden will make the case on Wednesday in Angola that the United States must do better rather than more than China to regain influence in Africa.

International Business Times

Mother of high-profile Uyghur activist allowed to leave China as part of prisoner exchange

Nury Turkel says ‘prayers answered’ after 73-year-old mother released from China’s custody

The Independent UK

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The Independent UK

Philippines and China swap allegations after vessel ‘sideswiped’ in disputed waters

China calls on Philippines to ‘immediately’ halt provocations in South China Sea

International Business Times

OECD Warns Of Protectionism Weeks Before Trump Return

The OECD warned Wednesday that protectionist trade measures pose a major risk to disrupting the world economy, just weeks before Donald Trump is set to return to the White House.

Benzinga

Tesla's Global Sales Could Witness A Decline Due To Slowdown In Europe And US, Even As China Set To Rise This Year, Warns Expert

Tesla researcher Troy Teslike said on Tuesday that while the EV giant's sales in China are slated to rise this year as compared to the last, sales in the U.S. and Europe will drop, weighing down on the company's overall global deliveries.

International Business Times

Second Major Myanmar Rebel Group Calls For Talks With Junta

A second major Myanmar ethnic rebel group has said it is ready for Beijing-mediated talks with the junta to end more than a year of renewed fighting that has ravaged areas along the Chinese border.

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The Independent UK

'Amtrak Joe' Biden uses his visit to Angola to promote a major African rail project

President Joe Biden is finding ways to celebrate trains in the waning days of his presidency thousands of miles from home

Top News

China's Embassy Urges Vigilance For Nationals In South Korea

China's embassy in Seoul advises Chinese nationals in South Korea to remain vigilant and take precautions due to recent unrest.

International Business Times

Taiwan's Lai Arrives In Tuvalu To Shore Up Pacific Allies

Taiwanese President Lai Ching-te arrived in the tiny Pacific nation of Tuvalu on Wednesday, as part of a trip aimed at shoring up international support for Taiwan as China seeks to poach its few remaining allies.

The Independent UK

Philippines says China's coast guard blasts water cannon and sideswipes patrol vessel

Chinese coast guard vessels, backed by navy ships, have fired powerful water cannons and blocked and sideswiped a Philippine patrol vessel in renewed aggression in a disputed shoal in the South China Sea

International Business Times

Philippines Says China Coast Guard Fired Water Cannon, 'Sideswiped' Govt Vessel

The Philippines said the China Coast Guard fired water cannon and "sideswiped" a government vessel Wednesday during a maritime patrol near the disputed Scarborough Shoal, after Beijing said it had "exercised control" over the ship.

USA Today Sports Media Group

China stacked the deck against Augusta-made golf carts. Here’s what America did about it

"We’re glad to see the U.S. Department of Commerce take a stand for American manufacturers and workers."

The Independent UK

FBI tells telecom firms to boost security following wide-ranging Chinese hacking campaign

U.S. officials are urging telecommunication companies to boost network security following a Chinese hacking operation that gave officials in Beijing access to the private texts and phone conversations of Americans

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