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The Latest Breaking News from China

China semiconductor patent applications skyrocket amid US export restrictions — country sees a 42% increase in patent filings

Despite the declining chip companies, the number of semiconductor-related patents skyrockets in China.

Tom’s Hardware

Chancellor Scholz leads delegation to India seeking to reduce German reliance on China

German Chancellor Olaf Scholz is leading a high-level delegation to New Delhi this week, betting that greater access to the vast Indian market can reduce Germany's reliance on Beijing even if India does not turn out to be the 'new China'.

Radio France Internationale

The Feds' Chinese Investment Ban Will Harm America, Not China

The Treasury's sweeping rule curtailing dual-use technology transactions with Chinese firms will reduce domestic growth, innovation, and security.

Reason

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'Peace On Border Should Be Priority,' PM Modi tells Chinese President

PM said that maintaining peace and stability on the border should remain priority of the two countries and mutual trust should remain the basis of bilateral ties. Read further on Dynamite News:

Dynamite News

Reckitt sees sales of new hyaluronic acid condoms surge in China

Reckitt launched its first hyaluronic acid-lubricated Durex condoms across China in October 2022.

Evening Standard

China Should Use Fiscal Policy To Boost Growth: IMF

The Chinese government should use its tax-and-spend policies to help boost flagging economic growth, a senior IMF official told AFP ahead of key meetings this week in Washington.

International Business Times

India's Modi and Chinese President Xi meet days after a border accord between the countries

India’s Prime Minister Narendra Modi and Chinese President Xi Jinping have met on the sidelines of the BRICS summit in Russia, in their first bilateral meeting in five years

The Independent UK

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Modi and Xi hold first formal meeting in five years at Brics summit in Russia

Meeting comes soon after India and China announce deal to resolve border standoff

The Independent UK

Trump Says He Plans To Only Allow Car Loan Interest Deduction For US-Made Vehicles

The former president says if his plan was not limited to U.S.-made cars, it could advantage countries like China, allowing them 'to make more cars.'

International Business Times

China has deported a VW executive for allegedly using drugs while in Thailand

A senior executive for Volkswagen in China has been deported for allegedly using cocaine and marijuana while on vacation in Thailand

The Independent UK

Putin Touts 'Multipolar World Order' At Flagship BRICS Summit

The meeting in the city of Kazan is the largest diplomatic forum in Russia since Putin ordered troops into Ukraine in 2022, triggering a barrage of Western sanctions and international condemnation.

International Business Times

Volvo Cars Cuts Sales Forecast On Market Headwinds

Sweden's Volvo Cars on Wednesday drastically cut its sales forecast for the year, saying car markets in China, Europe and the United States are "increasingly under pressure."

International Business Times

Tim Cook makes another trip to China as local users gripe about Apple's AI delays in the world's largest smartphone market

Apple has yet to announce a mainland China release date for its new AI service.

Fortune

China rolls out rocket for Shenzhou-19 astronaut launch (video)

China rolled out the rocket and crew capsule for the Shenzhou-19 mission, the nation's next astronaut launch to the Tiangong space station.

Space

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The Independent UK

Financial cooperation and BRICS expansion are on the table as Putin hosts Global South leaders

Russia’s President Vladimir Putin is hosting China’s Xi Jinping, India’s Narendra Modi and other world leaders at a summit of the BRICS bloc of developing economies, part of Kremlin efforts to challenge Western global clout

Top News

Russian Disinformation Targets Democratic VP Candidate Tim Walz

Russian groups behind disinformation targeting Tim Walz as part of broader strategy to undermine Democratic campaign.

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The Guardian - AU

China cracks down on ‘uncivilised’ online puns used to discuss sensitive topics

Campaign targets wordplay and memes that are often used by people to get around censorship controls

Al Jazeera

Taiwan says blockade would be act of war as China holds more drills

Taiwanese defence chief says a blockade would have far-reaching consequences for international trade.

AAP

UAE cash for minerals, but China dominance sparks angst

A free trade deal between Australia and the United Arab Emirates provides a pathway for significant investment in critical minerals and mining.

International Business Times

Taipei Says Chinese Aircraft Carrier Group Sailed Through Taiwan Strait

A Chinese aircraft carrier group sailed through the Taiwan Strait on Wednesday, Taiwan's defence minister said, a day after Beijing held a live-fire exercise near the self-ruled island.

Fortune

Fortune 500 Europe: How Germany is flirting with long-term irrelevance

Everything that could go wrong has gone wrong for Germany’s economy. How can it turn things around?

The Independent UK

Putin hosts Global South leaders at BRICS summit meant to counterbalance Western clout

China’s Xi Jinping, India’s Narendra Modi and other global leaders have arrived in the Russian city of Kazan for a summit of the BRICS bloc of developing economies

Barchart

Crude Prices Settle Higher on Middle East Conflict

Nov WTI crude oil (CLX24 ) Tuesday closed up +1.53 (+2.17%), and Nov RBOB gasoline (RBX24 ) closed up +5.68 (+2.82%). Crude and gasoline prices posted 1-week highs on Tuesday and settled moderately higher for a second day. Heightened Middle East tensions underpin crude prices due to concern that the...

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