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The Latest Breaking News from China

Broader Market Closes Lower as Chip Stocks Plunge

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -1.39%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.94%. Stock indexes Wednesday settled mixed, with the Dow Jones Industrials posting a new record...

Barchart

Vance’s ascension solidifies isolationist faction of GOP - Roll Call

Trump’s selection of JD Vance as his running mate solidified a faction of the GOP that embraces an “America First” approach to the world

Roll Call

Stock Market Today: Semis Get Slammed and Blue Chips Bounce

The potential for more curbs on tech sales to China set off a rotation into blue chips.

Kiplinger

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Nvidia shares tumble over 6% amid geopolitical fears

The Biden administration is weighing tighter export controls to stymie China as Donald Trump sparked doubt about America’s commitment to Taiwan.

Fortune

U.S. Plans Restrictions On Chinese Car Software

The U.S. plans to propose restrictions on vehicle software from China next month, Reuters reported.

InsideEVs

The Volkswagen ID.UNYX Wants To Be Your Conversation Companion

This China-Only Volkswagen crossover-coupe has a 3D companion powered by AI, that will be able to "accompany the driver on conversations"

InsideEVs

‘More politicised than any other bank’: HSBC’s new boss prepares to ride the Chinese tiger

Georges Elhedery learned Mandarin in preparation for the top job, a sign that he grasps exactly where his lender’s strength and weakness lie

The Guardian - UK

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Trump says Taiwan should pay US for defense — 'They did take about 100% of our chip business'

In a Bloomberg interview, former President Donald Trump said that the US should be paid to protect Taiwan from China, and highlighted the island's dominance in chipmaking.

Tom’s Hardware

Deadly Fire Erupts In Chinese Shopping Mall

Tragedy strikes in Zigong, China as a shopping mall fire claims lives. Safety standards in China face scrutiny.

Top News

More Proof That Tariffs On China's EVs Won't Work Forever

Facing tariffs from the European Union, Chinese giant BYD is just building a factory in Turkey capable of producing up to 150,000 units annually.

InsideEVs

Military spending in DRC and South Sudan rose fastest in the world: society ends up paying the price

Global military expenditure is dominated by the United States and China, with 49% of total spending between them. According to the most recent report by the Stockholm International Peace Research Institute, global military spending reached US$2.4 trillion in 2023, a 6.8% increase on 2022.

The Conversation

Olympics: Senegal won silver in 1988 – why it’s never managed to repeat this feat

Since Senegal first competed in the Olympic Games in 1964, its success has been marked by a single medal, a feat achieved in 1988 by El Hadji Amadou Dia Bâ at the Seoul games. His remarkable performance in the 400m hurdles secured him a silver medal.

The Conversation

U.S. planning 'draconian' sanctions against China's semiconductor industry: Report

U.S. government wants to further restrict curbs for China's semiconductor sector as foreign companies still sell fairly advanced tools to Chinese entities.

Tom’s Hardware

Ex-Branch President of Chinese Policy Lender Falls Under Graft Probe

Wang Fade’s case adds to a growing list of corruption scandals at the Export and Import Bank of China

Caixin Global

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The Guardian - UK

‘Society doesn’t want my kids’: China’s single women forced abroad to freeze their eggs

Calls grow for end to ban that means only married Chinese couples can access ‘social egg freezing’ services

Barchart

Stock Index Futures Plunge With Tech Under Pressure, U.S. Economic Data and Earnings in Focus

September S&P 500 E-Mini futures (ESU24) are down -0.79%, and September Nasdaq 100 E-Mini futures (NQU24) are down -1.22% this morning as concerns over stricter U.S. restrictions on Chinese trade and semiconductor technology weighed on sentiment, while investors awaited a fresh batch of U.S. economic data and the next round…

Fortune

A Chinese bottled water giant run by the country's richest person is picking a fight with Hong Kong's consumer watchdog

Hong Kong's consumer watchdog said Nongfu Spring's bottled water nears the EU limit for a potentially dangerous chemical.

Caixin Global

China’s Embassy in Thailand Warns of ‘Virtual Kidnappings’

Several Chinese students abroad have fallen for the scam, in which they are tricked into staging their own kidnapping so criminals can con their families out of money

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news in one place.

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Caixin Global

Shanghai Composite Index Fell 0.45% on Wednesday

Shenzhen Component Index closed down 0.47%

Al Jazeera

Chinese-made T-shirts cash in on Trump’s defiant response to shooting

Chinese e-commerce platforms like Temu are selling apparel featuring image of a bleeding, fist-pumping Trump.

The Guardian - UK

Autocracy, Inc. by Anne Applebaum review – the devil you know

A masterful guide to the new age of authoritarianism

Top News

Spate Of Stabbings In China Sparks Economic Anxiety

Recent fatal stabbing incidents in China spark national concern amid economic challenges and societal unease. Online debate reflects broader societal conce...

AAP

Foreign minister to meet with Pacific leaders in Japan

Australia's foreign minister will meet with Pacific leaders in Tokyo amid diplomatic jostling for influence in the region.

The Independent UK

China's Communist Party charts technology- and security-focused development for reviving the economy

In a year of major elections setting the course of many countries for years to come, China’s ruling Communist Party is holding top-level meetings in Beijing to draft policies for reviving its slowing economy

The Guardian - US

Trump’s choice of Vance ‘terrible news’ for Ukraine, Europe experts warn

Running mate likely to push Trump to pursue ‘America first’ foreign policy and deal with Putin to end war in Ukraine

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