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The Latest Breaking News from China

China's Coast Guard Fires Water Cannons At Philippine Vessel

Tensions escalate as China's coast guard fires water cannons at a Philippine vessel in the South China Sea.

Top News

China’s Communist Party to Hold Key Plenary Session in July

Third plenum to concentrate on further deepening reform and advancing Chinese modernization, according to agency reports

Caixin Global

Stocks Sink on Concern the Fed Will Keep Interest Rates Higher for Longer

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -1.57%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.92%. US stock indexes Tuesday finished sharply lower. Signs of persistent wage pressure pushed bond...

Barchart

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read the most diverse news in one place.

Here’s Why BYD Is Charging Twice The China Price For EVs Sold Abroad

BYD wants to rake in the big bucks by adding significant markup to its EVs sold in Europe or the Americas to compensate for profits lost in price wars back home.

InsideEVs

PGA Championship Spots Up For Grabs As China Open Makes Return To DP World Tour Calendar

The DP World Tour will conclude its Asian Swing at the China Open this week, with plenty to play for including a spot at the next Major

Golf Monthly

China reveals most detailed geological map of the moon ever created

Chinese astronomers have shared the most detailed geological map of the moon ever created, revealing more than 12,000 structures. The new atlas will be essential for picking out landing locations and resource sites for future lunar missions.

LiveScience

'Hardcore' New Tesla Layoffs Leave You Wondering What Tesla Even Is Anymore

Today on Critical Materials: Tesla has more layoffs, FSD gets tentative approval in China, and feds mandate emergency braking tech by 2029.

InsideEVs

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Even Chinese EV Companies Are Struggling

BYD's first-quarter profits were down 47% thanks to a serious EV price war in the Chinese market, although it's still looking like a good year for it overall.

InsideEVs

Chinese Warships Seen Stalking US, PH, and France Fleet During Drills in West Philippine Sea

Chinese warships trail naval drills involving US, Philippine, and French fleets in the West Philippine Sea, heightening tensions in the region.

International Business Times UK

Shanghai Composite Index Fell 0.26% on Tuesday

Shenzhen Component Index closed down 0.9%

Caixin Global

Solomon Islands bids farewell to a polarising PM who became the Pacific’s most China-friendly leader

Although Manasseh Sogavare’s time as prime minister of Solomon Islands is finished, his country’s relationship with China may still have some way to run

The Guardian - AU

Caixin Top Stories of the Month: China’s Mammoth Effort to Help Foreigners Spend, Spend, Spend

While scanning QR codes is the ubiquitous payment method in China, it’s not available to most foreign visitors, making it a major hassle to even buy a coffee

Caixin Global

Americans Are Open To Cheap Chinese Cars. That’s 'Scary' For The Rest Of The Auto Industry

Many EV buyers would buy a Chinese car if it was cheap enough, according to a recent survey.

InsideEVs

China Is Doubling Down on Electric Vehicle Subsidies

Electric vehicles are not a bad thing, especially in heavily polluted China. But the market should drive demand, not central planners.

Reason

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Motorsport

Vasseur: Ferrari/McLaren F1 performance swing is one tenth at most

The Maranello squad has generally been the stronger team in the first five races of the 2024 season, being the only non-Red Bull winner in the Australian GP thanks to Carlos Sainz's victory. But McLaren's Lando Norris had the upper hand in the last race in China, where he was…

Caixin Global

Shanghai Composite Index Rose 0.79% on Monday

Shenzhen Component Index closed up 2.22%

The Hindu

Morning Digest | One killed, three injured in fresh gunbattles in Manipur; India will never bow down, says Rajnath Singh on border talks with China; and more

The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on April 29, 2024

Al Jazeera

Elon Musk meets China’s No 2 official in Beijing

Tesla CEO’s unannounced visits comes as Chinese carmakers are promoting rival models at the Beijing Motor Show.

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news in one place.

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The Guardian - AU

Cash is king — for now: China signals it will slow transition to cashless society

With tourists struggling to access the two primary digital payment apps, Alipay and WeChat pay, Beijing has put measures in place to make cash payments easier

The Guardian - UK

Tory MP says he was deported from Djibouti due to criticisms of China

Tim Loughton had sanctions imposed on him in 2021 by Beijing, which has close ties to east African country

The Hindu

Up 2.3 times in 15 years, India’s Chinese import bill to rise further

India's imports from China have surged, leading to a growing trade deficit and increased reliance on Chinese goods.

Tom’s Hardware

Drone maker DJI facing U.S. FCC ban — the national security risk and part China-state ownership are key issues

The U.S. Congress presented a bipartisan bill that will prevent DJI from selling new drones - effectively banning them in the consumer and commercial space - citing national security and CCP sponsorship reasons.

Tom’s Hardware

China gives local companies funding to buy homegrown GPUs — aiming for self-sufficiency by 2027

The city government in Beijing has outlined plans to subsidize companies that buy Chinese-made processors. Its draft policy has a strong emphasis on GPUs, as they have been most badly affected by US export controls

The Hindu

Talks with China going on smoothly, India will never bow down: Rajnath Singh

India's Defence Minister Rajnath Singh discusses India-China relations, military strength, and commitment to indigenous defence production in Ahmedabad.

Motorsport

Hulkenberg's China sprint shows Haas "not completely out" of tyre issues

Haas has made considerable progress on the issue that blighted its F1 campaign last year, which was caused by a fundamental aerodynamic imbalance that meant the VF-23 could get its tyres working well for qualifying, but would then chew through them in races.

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