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The Latest Breaking News from China

5,000-pound European satellite burns up over Pacific Ocean after 30 years in orbit

Europe's ERS-2 climate satellite has burnt up over the Pacific Ocean in an uncontrolled reentry after 30 years in orbit. No damage from falling debris has been reported.

LiveScience

Biden Pours Out Another $6.5 Billion for the CHIPS Act's Costly Protectionism

It's part of the government's expensive public-private partnership meant to address concerns over a reliance on foreign countries, like China, for semiconductors.

Reason

Lionel Messi Addresses Strong Backlash from China After Missing a Game in Hong Kong

Chinese sporting officials have also confirmed Argentina's friendly games next month have been cancelled due to "the reasons that everyone knows".

Latin Times

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Navigating China's Real Estate Crisis: HSBC Reports Significant Quarterly Profit Drop

HSBC's quarterly profit took a significant hit due to impairment charges on its investments in China's Bank of Communications.

International Business Times

Abderrahmane Sissako's 'Black Tea' Acquired By Major International Distributors

Explore the buzz around Abderrahmane Sissako's 'Black Tea,' a romantic drama set in China, delving into cultural intersections through a timeless love story.

Top News

Cost of raising children in China second-highest in world, thinktank reveals

Expense and challenge of balancing work and family life key factors in declining birthrate and shrinking population

The Guardian - UK

Top 3 China Stocks Unleashing Gains in February

Despite facing challenges, China's economy exceeded its growth rate expectations last year. Moreover, the recent surge in consumer spending indicates a promising outlook ahead. Hence, fundamentally sound China stocks Vipshop Holdings (VIPS), China Automotive Systems (CAAS), and Sunlands Technology (STG) might be solid buys for gains this month. Read on.

StockNews.com

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HSBC Shares Slide After Billion China Bank Hit

HSBC reports record profit but faces billion hit from China operations, impacting stock value. Investors monitor bank's response to challenges.

Top News

Nvidia Reports Earnings After Market Close, Analysts Expect Significant Growth

Stocks decline, Nvidia drops, Walmart's revenue up, Home Depot beats expectations, China's stimulus, Fubo TV challenges ESPN, Amazon in Dow Jones.

Top News

In the weirdest pitch for a buddy movie this year Samsung and LG are getting together to stop China taking over the OLED panel market

Will it make OLED monitors better or worse?

PC Gamer

Stellantis, Volkswagen And Renault Consider Cheap EV Team-Up To Fight BYD

Europe's automakers consider extreme measures as a "sense of urgency is growing" with China's automakers.

InsideEVs

China Kicks Off Drafting of Law to Promote Private Sector

The legislation should cover companies’ core concerns including protection of property rights, equal access to factors of production, and equal protection under the law, state media reports

Caixin Global

First Thing: Two charged with murder over Super Bowl parade shooting

Police blamed a ‘verbal altercation’ between two men carrying firearms for leaving one person dead and 22 injured at the Kansas City Chiefs’ victory parade. Plus, Trump launches ‘Never Surrender’ gold sneaker

The Guardian - UK

China Stocks Jump After Rate Cut As Markets Await US Tech Earnings

China's central bank rate-cut on Tuesday is among measures intended to rally dwindling growth as the world's second-largest economy battles a prolonged property-sector crisis and a global slowdown.

International Business Times

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Dynamite News

India, China holds 21st round of Corps Commander level meeting, discuss tensions along LAC

India and China held the 21st round Corps Commander level meeting on Monday at the Chushul-Moldo border to defuse tensions along the Line of Actual Control (LAC) in Eastern Ladakh, Ministry of External Affairs (MEA) said in a statement. Read further on Dynamite News:

The Guardian - UK

HSBC shares suffer biggest one-day drop in nearly four years

Bank increases staff bonus pool by 12% despite hit from exposure to China real estate slump

Caixin Global

Shanghai Composite Index Rose 0.97% on Wednesday

Shenzhen Component Index closed up 0.79%

International Business Times

HSBC Reports 'Record Profit' Of $30.3 Bn In 2023

HSBC said Wednesday it achieved "record profit" in 2023 as pre-tax gains soared by nearly 80 percent, with the banking giant also announcing further share buybacks.

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news in one place.

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The Guardian - UK

China needs to do more on ‘silent crisis’ of debt, says World Bank official

Beijing must be more ready to support countries facing distress, says deputy chief economist

Top News

Australian Blogger Yang Hengjun Accepts Suspended Death Sentence

Australian blogger Yang Hengjun chooses not to appeal his suspended death sentence in China, sparking concerns about his well-being and calls for governmen...

International Business Times

Beijing Crushing Tibetans, Exiled Political Leader Says

As Tibetans prepare to mark 65 years since a failed uprising against Chinese rule and questions loom over the Dalai Lama's successor, the diaspora's elected leader said Beijing is crushing his people.

The Guardian - UK

Taiwan chases Chinese coastguard boat from frontline islands as tensions rise

Taiwan’s coastguard said it will continue to use surveillance and patrols amid escalating dispute after fatal capsizing last week

International Business Times

Youth Appetite For Gold Rises As Chinese Economy Loses Lustre

The sound of gentle tapping filled a jewellery workshop in southern China as a craftsman hammered pine leaf patterns onto a soft slab of gold in the style of old ink paintings.

Evening Standard

Best soy sauce

Deeply rich and bursting with umami flavour, how Brits fell in love with soy sauce

International Business Times

Marcos-Duterte Spat: A Real-Life Philippine 'Game Of Thrones' Threatening National Divide

Both politicians are "strong nationalists," but Marcos Jr. has a "much better idea" on managing US relations: Hudson Institute's Patrick Cronin

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