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The Latest Breaking News from China

SMIC Allegedly Violated US Export Curbs For Huawei Chip

US accuses SMIC of breaching export restrictions to supply chip to Huawei, escalating tensions between US and China.

Top News

China Opposes US Remarks On Arunachal Pradesh

China opposes US support for India's claims on Arunachal Pradesh, adding complexity to the border dispute.

Top News

China's Consumer Lenders Face Shakeout With New Regulations

New regulations in China's consumer lending industry aim to protect consumers and promote responsible lending practices.

Top News

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A new generation of Ryzen processors codenamed 'Strix Point' will be released in 2024 - integrating Zen 5, RDNA 3+, and XDNA 2 architecture

At an event in China earlier today AMD shared its AI PC ecosystem plans confirming 'Strix Point' chips will combine the charms of Zen 5, RDNA 3+, and XDNA 2 processing.

Tom’s Hardware

China's president to visit France in attempt to repair trust with EU

Chinese President Xi Jinping will visit France and Italy in May in a bid to improve faltering relations with the European Union, which are impacting EU trade with the world's second-largest economy. Analysts say European companies in China are facing more uncertain business conditions, forcing them to devote more resources…

Radio France Internationale

US Justice Department Files Antitrust Lawsuit Against Apple

US Justice Department files antitrust lawsuit against Apple as the tech giant expands in China to boost iPhone sales.

Top News

HP uses banned made-for-China AI GPU for Z workstations — A800 GPU is given a new purpose

After being banned in China, the A800 is finally seeing new use in the form of HP's upcoming Z workstations for AI.

Tom’s Hardware

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Stocks Climb on Upbeat Micron Results and Fed Rate Cut Signals, U.S. PMI Data and Nike Earnings in Focus

Investors are cheering forecast-beating quarterly results and guidance from Micron as well as the Fed’s unchanged projection for three rate cuts this year while also awaiting U.S. business activity data and earnings reports from Nike and FedEx.

Barchart

Leaders Tout Nuclear Power As Climate Tool At Brussels Summit

More than 30 countries -- including European nations, the United States, Brazil and China -- took part on Thursday in the first-ever summit held by the United Nations' atomic energy agency to promote nuclear as a "clean and reliable source of energy".

International Business Times

Asian Equities Show Mixed Performance As Tech Stocks Gain Momentum.

Asian equities show mixed movements with slight gains in Hong Kong and Mainland China. Notable stock movements include Tencent, AIA, Alibaba, and Li Auto.

Top News

China Has Room to Further Cut Reserve Requirement Ratio, PBOC Official Says

Further reducing the RRR would channel more money into the financial system to fuel economic growth

Caixin Global

Nasdaq Futures Climb on Upbeat Micron Results and Fed Rate Cut Signals, U.S. PMI Data and Nike Earnings in Focus

June Nasdaq 100 E-Mini futures (NQM24) are trending up +0.66% this morning as investors cheered forecast-beating quarterly results and guidance from Micron as well as the Fed’s unchanged projection for three rate cuts this year while also awaiting U.S. business activity data and earnings reports from Nike and FedEx.

Barchart

Why are the US and Japan pushing to ban nuclear weapons in space?

Washington and Tokyo sponsor a UNSC resolution calling on countries not to deploy or develop nuclear weapons in space.

Al Jazeera

China’s Wealthy Ranks Shrank in 2022, Hurun Rich List Says

Neither the filthy rich nor mere millionaires were spared from the economic challenges of that year such as the Covid-19 pandemic

Caixin Global

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Caixin Global

Shanghai Composite Index Fell 0.08% on Thursday

Shenzhen Component Index closed down 0.36%

Al Jazeera

As China ages, senior citizens see a retirement of striving to get by

Many elderly Chinese view working beyond retirement age as a necessity as pension system struggles to meet their needs.

The Guardian - AU

Article 23: China hits back at criticism of Hong Kong’s hardline new security law

Beijing dismisses chorus of concern from western governments over punitive new law as slander

The Hindu

U.S. recognises Arunachal Pradesh as Indian territory: official

U.S. supports India's sovereignty over Arunachal Pradesh, opposes China's territorial claims, and condemns any unilateral advances.

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Top News

China's Central Bank Considers Further Bank Reserves Ratio Cut

PBOC indicates readiness to cut bank reserves ratio to support China's economic growth amidst challenges.

The Times of India

Young Chinese ease their angst over economy by playing lottery

Lottery shops in China are ditching bland storefronts to reinvent themselves as hipster hangouts, with slogans that tempt youngsters hit by an economic slowdown with the lure of getting rich quick.

Top News

Taiwan Advises Against President's South China Sea Visit

Taiwan advises president against South China Sea visit due to safety concerns amid escalating tensions with China.

Top News

Canada Criticizes Hong Kong Security Law For Human Rights Concerns

Canada expresses concerns over Hong Kong's new security law, suspends extradition treaty, and halts military exports in response to human rights violations.

The Guardian - AU

How the Sunflower movement birthed a generation determined to protect Taiwan

Protesters who took part in the 2014 movement against closer ties with China say it holds lessons for Hong Kong and Ukraine

Al Jazeera

Q&A: Taiwan whistleblower Rex How on the challenge of generational change

How exposed a secret China trade pact triggering 2014’s Sunflower Movement. Ten years on, much has changed.

International Business Times

Biden Unveils Almost $20 Bn For Intel To Boost US Chip Production

US President Joe Biden unveiled almost $20 billion in grants and loans Wednesday for Intel's domestic chip-making plants -- his administration's biggest investment yet in the sector as he takes on China's chip dominance and sells his economic achievements over election rival Donald Trump.

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