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The Latest Breaking News from China

Clothing Giant Shein In Focus As France Targets Fast Fashion

With jaw-droppingly low prices and a seemingly endless selection of trendy clothes, Shein has taken the world by storm -- and found itself in the crosshairs of French lawmakers who want to curb the excesses of fast fashion.

International Business Times

Putin is a dictator and a tyrant, but other forces also sustain him – and the west needs to understand them

Kneejerk criticism of regimes in Russia, China or India may make us feel better, but there’s no evidence it is making the world a safer place, says Guardian columnist Simon Jenkins

The Guardian - UK

PM Modi arrives in Paro, to receive Bhutan’s highest civilian award

PM Modi visits Bhutan for State visit, receives highest civilian award, discusses boundary talks, and development assistance.

The Hindu

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36 Chinese Military Aircraft Detected Around Taiwan

Taiwan's defence ministry said Friday that 36 Chinese military aircraft were detected around the self-ruled island in a 24-hour window -- the highest number this year.

International Business Times

Malaysia welcomes Chinese tourists back in droves after pandemic slump

Kuala Lumpur targets record 5 million Chinese visitors in 2024 as it hopes to accelerate post-pandemic recovery.

Al Jazeera

OnePlus Ace 3V debuts with the latest Snapdragon 7 series chip and a bigger battery

After multiple leaks and renders, OnePlus has finally unwrapped its next mid-range Ace 3V in China, and it is already available for presale.

Android Central

CGN to Start Building Southeast Asia’s Largest Clean Energy Facility in Laos

Electricity generated in the Laos renewable energy base will be transferred to ease shortages in South China’s Yunnan province

Caixin Global

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NIO's New ONVO And Firefly Brands Aim For Mass Volume In Europe

NIO's CEO stressed that ONVO is a medium-tier brand meant for families. Both are likely headed to Europe and beyond.

InsideEVs

China Faces Pressure Over Russian Payments, Says Kremlin

China faces unprecedented pressure from US and EU over financial transactions with Russia amid geopolitical tensions.

Top News

US Senators Push For Stricter Ban On Selling Oil To China

US senators propose restricting sale of emergency oil reserves to China to enhance national security and energy independence.

Top News

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

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

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Radio France Internationale

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…

Top News

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.

Tom’s Hardware

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.

Barchart

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.

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International Business Times

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".

Top News

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.

Caixin Global

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

Barchart

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.

Al Jazeera

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.

Caixin Global

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

Shanghai Composite Index Fell 0.08% on Thursday

Shenzhen Component Index closed down 0.36%

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