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The Latest Breaking News from China

Sydney university student found dead in Burwood apartment identified as 21-year-old from China

Vigil for Xioting Wang to be held next week as police search for identity of second student found in complex

The Guardian - AU

Indonesia searches for ways to balance domestic industries with surging Chinese imports

A flood of Chinese products into Indonesia has hit local manufacturers hard, prompting the government to look for ways to placate domestic producers while avoiding angering the country's biggest trading partner

The Independent UK

Republicans promote baseless theory about Tim Walz’s China visits — and claim he was ‘groomed’ as double-agent

GOP lawmakers are pressing the FBI for evidence of ‘longstanding connections’ between Walz and Chinese Communist Party

The Independent UK

From analysis to the latest developments in health,
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Canada must continue cutting emissions regardless of the actions of other polluters

I have, over the years, lost count of the number of times I have seen or heard people say that it doesn’t matter what Canada, or the more-developed world, does to reduce carbon emissions. It is argued that the main global problem is that major emitters such as China, India,…

The Conversation

Biden approves nuclear strategy refocusing on China threat – report

White House says plan was approved earlier this year and was not a response to a single country or threat

The Guardian - UK

Yes, it’s difficult for governments to pick green industry winners – but it’s essential Australia tries

Since the 1990s, the economic agenda of governments across much of the world has been dominated by the Washington Consensus. This is a series of policy recommendations centred on privatisation of state businesses, deregulation of industries, liberalisation of trade, and opening economies to foreign direct investment.

The Conversation

Crude Prices Edge Lower on Hopes for an Israel-Hamas Cease-Fire

Sep WTI crude oil (CLU24 ) Tuesday closed down -0.33 (-0.44%), and Sep RBOB gasoline (RBU24 ) closed down -0.75 (-0.33%). Crude oil and gasoline prices Tuesday fell moderately, with crude posting a 1-1/2 week low and gasoline falling to a 6-1/2 month low. Hopes for a cease-fire deal between...

Barchart

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Dongfeng Just Launched One Of Europe’s Cheapest EVs

Currently only available for reservations in Switzerland, this new EV could even be built in Europe to help keep its price low.

InsideEVs

Devs and analysts predict Black Myth: Wukong could change games in China - "Wukong is proof a well-made single-player game can be big"

"This is really only still the beginning of major international titles developed in China"

GamesRadar

China's new export controls on key chipmaking materials could lead to chip pricing hikes

China introduced export curbs to antimony, a material used for chipmaking.

Tom’s Hardware

India and Japan hold talks on Indo-Pacific security as they eye China's activity in the region

The foreign and defense ministers of India and Japan have held security talks in New Delhi to bolster their strategic partnership in the Indo-Pacific as they seek to counter an increasingly assertive China

The Independent UK

Crude Prices Slip on Hopes for an Israel-Hamas Cease-Fire

Sep WTI crude oil (CLU24 ) today is down -0.54 (-0.73%), and Sep RBOB gasoline (RBU24 ) is down -1.73 (-0.76%). Crude oil and gasoline prices today added to Monday's losses, with crude posting a 1-1/2 week low and gasoline falling to a 6-1/2 month low. Hopes for a cease-fire...

Barchart

How Canada finally broke its longtime habit of diplomatic engagement with China

Canadian Foreign Affairs Minister Mélanie Joly recently met with her Chinese counterpart, Wang Yi, marking the first official visit following a multi-year diplomatic crisis.

The Conversation

Supermoon Blue Moon 2024: Top photos from around the world

Check out some of the best Supermoon Blue Moon photos captured by skywatchers worldwide. The first of four supermoons this year put on quite the show.

Space

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International Business Times

EU Plans 36% Tariff On Chinese EVs, Lower For Tesla

The European Commission said Tuesday it plans to slap five-year import duties of up to 36 percent on Chinese electric cars, unless Beijing can offer an alternative solution to the damaging trade row over state subsidies.

International Business Times

'Black Myth' Elates Fans And Becomes One Of China's Most Successful Games

Shape-shifting monkeys wielding magic staffs battled giant demons as players worldwide dived into "Black Myth: Wukong", already hailed as one of the most successful Chinese-made video games.

International Business Times

Taiwan Conducts Missile Drills At Sensitive Test Site

Taiwan conducted missile drills simulating the interception of enemy fighters and munitions at a sensitive test site Tuesday, as the island seeks to step up "combat effectiveness" against an increasingly assertive China.

International Business Times UK

'Big Short' Investor Michael Burry Ditches Gold, US Stocks For Cheap Chinese Internet Companies

Burry reduced Scion Asset Management's portfolio size by almost half in Q2 to just over $50 million as part of a reshuffling that involves investments in healthcare and China's tech firms.

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Fortune

More foreign tourists are making the trip to China, spurred by relaxed visa restrictions

Around 17.3 million foreign visitors entered China between January and July, a 130% increase year-on-year.

The Independent UK

China is backing off coal power plant approvals after a 2022-23 surge that alarmed climate experts

Approvals for new coal-fired power plants have dropped sharply in China after a flurry of permits in the previous two years raised concern about the government’s commitment to limiting climate change

The Independent UK

Taiwan conducts live-fire missile drills as China ramps up military threats

Taiwan’s military has conducted live-fire drills, launching several surface-to-air missiles in response to growing military pressure from China

Caixin Global

Shanghai Composite Index Fell 0.93% on Tuesday

Shenzhen Component Index closed down 1.24%

The Guardian - UK

Company insolvencies in England and Wales higher in past year than during financial crisis; gold hits record highs – as it happened

Company failures dip in July, but over the last 12 months are higher than in 2008-09

Caixin Global

Visa Waivers See Foreign Tourists Flocking Back to China

Big leap in visitor numbers to China but still not back to pre-Covid levels

StockNews.com

3 Emerging Market Stocks for High-Risk, High-Reward Investors

With rapid expansion and high growth prospects, emerging markets and economies are poised to experience robust growth. Therefore, it could be wise to invest in high-risk, high rewarding emerging market stocks Taiwan Semiconductor Manufacturing (TSM), PDD Holdings (PDD), and Alibaba Group Holding (BABA). Keep reading.

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