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The Latest Breaking News from China

Finland president calls North Korean troops deployed to Russia an ‘escalation’

Finland’s president says that North Korea’s dispatch of troops to Russia represents an escalation of the Russia-Ukraine war that goes against China’s own stated position on the conflict

The Independent UK

Ford Is Now Waging A War On Two Fronts

It seems like the competitiveness in the electric vehicle space is finally paying off as battery-powered cars are finally getting cheaper to make. Battery costs are dropping, material costs are down too, and even the average transaction price of new vehicles seems to be stabilizing a bit (although they're still high).

InsideEVs

Amid the West’s wavering aid to Ukraine, North Korea backs Russia in a mutually beneficial move

Ukrainian President Volodymyr Zelenskyy recently accused North Korea of plans to send 10,000 soldiers to fight for Russia in Ukraine. South Korean intelligence later gave credence to Zelenskyy’s assertion, as the country’s legislators noted that North Korea has already dispatched 3,000 soldiers to Russia.

The Conversation

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Watch China launch Shenzhou-19 astronauts to Tiangong space station today (video)

The crew were revealed less than a day ahead of launch.

Space

Brics+ could shape a new world order, but it lacks shared values and a unified identity

The last two summits of Brics countries have raised questions about the coalition’s identity and purpose. This began to come into focus at the summit hosted by South Africa in 2023, and more acutely at the recent 2024 summit in Kazan, Russia.

The Conversation

World Bank Expects Oil Glut To Cause Commodity Price Slump

Global commodity prices should fall to a five-year low next year thanks to a huge oil glut, the World Bank said Tuesday, pointing to oversupply and to flat demand from China.

International Business Times

Several major US telecoms firms hit by Chinese hackers, FBI says

Multiple telecommunications providers have been breached by China, statement says.

TechRadar

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On foreign policy, Trump opts for disruption and Harris for engagement − but they share some of the same concerns

According to conventional wisdom, U.S. voters are largely motivated by domestic concerns and especially the economy.

The Conversation

China confirms arrest of South Korean man on suspicion of espionage

Former Samsung Electronics employee allegedly leaked semiconductor data to his country

The Independent UK

China Launches Next Crew To Orbiting Space Station

China prepares to launch a new crew to its space station, showcasing its advancements in space exploration and commitment to international cooperation.

Top News

Petrol and food prices will fall thanks to oil glut, says World Bank

Downward trend in oil price from higher production, falling demand in China and clean energy to continue

The Guardian - UK

Apple's iPhone Exports From India Surge To $6B, Reducing Dependence On China

Apple has reportedly exported nearly US$6 billion of India-made iPhones, marking an increase of a third in value terms from a year earlier. Apple's iPhone exports from India are expected to exceed about $10 billion in fiscal year 2024.

International Business Times

ByteDance founder Zhang Yiming tops China's rich list

ByteDance founder Zhang Yiming tops the list of China’s richest people, according to the Hurun Research Institute, although many of them have seen their net worth plunge over the past year

The Independent UK

Luckin Coffee, the buzzy chain that outsells Starbucks in China, reportedly plans a U.S. expansion

Luckin Coffee was booted off the Nasdaq in 2020 after an accounting scandal. It may be on its way back to the U.S.

Fortune

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International Business Times

Taiwan Worries About 'Transactionalist' Trump As US Votes

While US arms sales to Taiwan will likely continue whoever wins the presidential election, analysts say there are concerns in Taipei over a re-elected Donald Trump's willingness to defend the island against China.

TechRadar

Apple and Samsung are not going to buy Intel. Please be serious.

Intel isn't going anywhere. The US government will make sure of that.

International Business Times

China's Only Woman Spaceflight Engineer In Crew For 'Dream' Mission

China's only woman spaceflight engineer will be among a crew of three astronauts blasting off on a "dream" mission to the Tiangong space station this week, Beijing announced Tuesday.

AAP

Australian investment eyed for Peruvian mining pipeline

Some 50 Peruvian mining projects with a combined potential of tens of billions of dollars are being spruiked to Australian investors amid Chinese dominance.

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The Independent UK

China all set to launch new crew to its orbiting space station

China says all systems are ready to launch the next crew to its orbiting space station on the latest mission to make the country a major space power

Al Jazeera

US finalises restrictions on AI, semiconductor investments in China

Treasury Department says curbs will ensure US investment does not advance technologies that threaten national security.

International Business Times UK

Who is Jenna Wang: Tim Walz's Ex, Daughter Of Top Chinese Official, Says He Lacks 'Integrity' To Be VP

Jenna Wang, the daughter of a high-ranking Chinese Communist official, recently spoke out about her secret relationship with U.S. VP candidate Tim Walz during his teaching stint in China, revealing feelings of betrayal and heartbreak from their past romance.

Al Jazeera

For Taiwan’s crucial chip industry, Trump and Harris both bring risks

Taiwan’s semiconductor sector is watching US election closely amid geopolitical rivalry between Washington and Beijing.

International Business Times

US Finalizes Curbs On Investing In Chinese Tech

The administration of President Joe Biden has finalized curbs on US investments in sensitive technologies like semiconductors in China that pose a threat to national security, the Treasury Department said Monday.

InsideEVs

How BYD's Product Offensive Pushed It To The Top

It is no secret that China is a big market for electric cars. More than half of the world's BEVs (Battery Electric Vehicles) are sold there, so it is obvious that this country has the greatest supply.

Top News

Foreign Operatives Spread Misinformation About US Hurricane Relief Efforts

Foreign operatives from Russia, China, and Cuba spread misinformation about US hurricane relief efforts, prompting concerns and actions from the US government.

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