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The Latest Breaking News from China

Dollar Weakens as the Yuan Rallies on Chinese Stimulus Measures

The dollar index (DXY00 ) today is down by -0.25%. The dollar is under pressure today after China boosted stimulus measures, which fueled a rally in the yuan to a 16-month high against the dollar. The dollar extended its losses today after the Conference Board’s US Sep consumer confidence index...

Barchart

Russian Military Aircraft Detected Near Alaska By NORAD

NORAD detects Russian aircraft near Alaska, US Army responds to increased military activities. Complex dynamics with Russia and China pose challenges for U...

Top News

New image of China's secret space plane shows delta-wing design

Images captured by spacecraft tracker appear to show China's mysterious space plane sporting a delta-wing design.

Space

Stocks Climb as Chinese Stimulus Measures Boost Risk Sentiment

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.17%. Stocks today are moderately higher, with the Dow Jones Industrials posting...

Barchart

US ramps up pressure on Chinese EV imports as it proposes ban on products that pose threat to national security

The US Commerce Department has proposed new rules to block the sale of Chinese-made software and connected hardware in new EVs hailing from outside North America.

TechRadar

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Mining hasn’t evolved in decades. The U.S. must reinvent it as China tightens its grip on critical minerals

The China University of Mining and Technology alone enrolls more mining engineering students than all U.S. universities combined.

Fortune

Jamie Dimon thinks India will be the new China as U.S. aims to diversify away from possible future adversary

"People call it the China+1 strategy. Companies that solely relied on China are looking at India, Vietnam, Malaysia, Indonesia etc."

Fortune

China says it will investigate fashion firm PVH for suspected boycott of Xinjiang products

China's Commerce Ministry says it will investigate the fashion company PVH, which owns brands like Tommy Hilfiger and Calvin Klein, for suspected violations of trade rules

The Independent UK

In Peru, residents concerned at impact of Chinese-funded mega port in Chancay

In the Peruvian town of Chancay, located around 100 kilometres north of the capital Lima, construction is currently underway on a "mega port", intended to be South America's largest hub for the transport of goods. China is Peru's largest trading partner and the main investor in the project, which is…

France 24

Stock Index Futures Climb as China Stimulus Buoys Global Risk Appetite

December S&P 500 E-Mini futures (ESZ24) are up +0.21%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.30% this morning as global risk sentiment got a boost after Beijing announced one of its most aggressive economic stimulus packages since the pandemic.

Barchart

"Misleading" tariffs threaten US wallets

The Biden administration has acknowledged the failure of tariffs — but has largely kept Trump's in place

Salon

China announces new measures to boost its struggling economy

The governor of the People's Bank of China, Pan Gongsheng, has announced new measures meant to boost the country's ailing economy. China's central bank is lowering its benchmark interest rate as well as reducing the cash requirement that banks are supposed to hold in a bid to free up lending…

France 24

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The Guardian - UK

Thousands of lives will be lost if Kyiv denied permission to use western weapons in Russia, Zelenskyy says – as it happened

Ukraine president expected to reiterate plea to use western weapons deep inside Russia when he meets Joe Biden

Caixin Global

Shanghai Composite Index Rose 4.15% on Tuesday

Shenzhen Component Index closed up 4.36%

The Guardian - UK

US consumer confidence drops; UK interest rates to fall ‘gradually’; stocks hit record high after China’s stimulus blitz – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

China unleashes boldest stimulus in years to boost ailing economy

People’s Bank of China announces support measures including a cut in interest rates but some experts fear they may not be enough

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The Independent UK

Japan asks China to ensure the safety of Japanese citizens after a schoolboy was fatally stabbed

Japan’s Foreign Minister Yoko Kamikawa has asked her Chinese counterpart to ensure the safety of Japanese citizens there after a 10-year-old schoolboy was fatally stabbed

TechRadar

Citing security concerns, the US is now looking to ban Chinese and Russian-made vehicles

The U.S. Department of Commerce has proposed a ban on electric vehicles from China and Russia amid concerns regarding citizen privacy and national security.

inkl

Limoges Haviland China, J.L Coquet and Raynaud As a Main Festive Dinnerware

Planning a festive dinner? So, the right dinnerware can make all the difference. And fine Limoges porcelain stands out as an excellent choice for any of your main festive table settings. It is well known for its elegant and timeless designs. Whether you prefer classic white or intricate patterns, you…

The Independent UK

China's central bank cuts bank reserve rates, pledges other moves to help the economy

The Chinese central bank has reduced the amount of reserves banks are required to keep, among other moves it is rolling out to help revive the slowing economy

Top News

US-China University Partnerships Raise National Security Concerns

Report highlights concerns over U.S.-China university partnerships aiding China's tech advancements and military modernization efforts.

The Guardian - UK

Silk Roads review – mesmerising show turns world history upside down

Following China’s epic ancient trade routes through fabulous oases, desert palaces and burial mounds will radically change the way you feel about borders

The Independent UK

US-China research has given Beijing's military technology a boost, House GOP says

A new report by congressional Republicans asserts that partnerships between the U.S. and China at universities over the past decade have allowed hundreds of millions of dollars in federal funding to aid Beijing in developing critical technology that could be used for military purposes

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