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The Latest Breaking News from China

'Very Scared': Sony-Honda Chief Warns Japan Of China's EV Dominance

Yasuhide Mizuno, the head of Sony-Honda’s EV joint venture Afeela, warns Japan "will always be followers" to China in the electric race unless things change.

InsideEVs

Stocks Higher as China’s Rate Cut Outweighs US Political Uncertainty

The S&P 500 Index ($SPX ) (SPY ) today is up +1.01%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.57%. US stocks today are trading higher as companies recover from last Friday’s major IT...

Barchart

Mixed Reactions To Trump's Comments On Taiwan Defense Spending

Former President Trump's comments on Taiwan's defense spending spark mixed reactions. Taiwan emphasizes commitment to defense amid China threat.

Top News

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KTM's Parent Company Isn't Doing Hot, Shifting More Production to China and India

Pierer Mobility AG is cutting a number of jobs, as well as moving more production to China and India, as the market cools after years of being hot.

RideApart

Inflation framework without food, China conundrum: 10 takeaways from the economic survey

From a cautious growth projection, to the need for stability amid global headwinds and geopolitical risk, to an onus on the private sector to boost employment, the Economic Survey 2024 presented in Parliament on Monday by Union finance minister Nirmala Sitharaman had several key points.

Newslaundry

Nvidia is reportedly making another China-focused AI chip as U.S. export controls hit its business in the world’s second largest economy

The firm is reportedly working on a version of its upcoming Blackwell AI processor that complies with U.S. export regulations.

Fortune

Bill Ackman warns political chaos around Biden is an invitation for rivals to exploit U.S. weakness

The billionaire investor posted on X: "If I were China, I would invade Taiwan tomorrow."

Fortune

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A PhD student at a top Chinese university publicly accuses her supervisor of sexual harassment

A female PhD student at one of China’s top universities took social media by storm after accusing her academic supervisor of sexual harassment and said he threatened to stop her from attaining her doctorate for refusing his advances

The Independent UK

USA v China: who will win the battle to top the Paris 2024 Olympics medal table?

The Americans edged out the Chinese in the gold medal count in Tokyo. Will the two swap positions this time around?

The Guardian - US

China Floods: 25 Dead, Dozens Missing In Bridge Collapse

Flash floods and a bridge collapse in China lead to 25 fatalities, raising concerns over infrastructure safety amid extreme weather conditions.

Top News

China's central bank cuts interest rates, moving to put more pep into the economy

China’s central bank has cut key interest rates in a surprise move aimed at injecting new into the ailing property sector, while the ruling Communist Party released details of a top-level meeting focused on long-term economic strategy

The Independent UK

Shanghai Composite Index Fell 0.61% on Monday

China’s benchmark Shanghai Composite Index (000001.SH) lost 0.61% on Monday, while the Shenzhen Component Index (399001.SZ) fell 0.38%.

Caixin Global

Lame duck or legacy maker? How Biden announcement could affect US relations with foreign leaders

Announcement comes at turbulent time in world affairs, with conflicts in Ukraine and Gaza and a growing US-China rivalry

The Guardian - US

Rescuers search for dozens missing after flooding and a bridge collapse in China kill at least 25

Rescuers are searching for dozens missing after heavy rains caused flash flooding and a bridge collapse in different parts of China, killing at least 25 people

The Independent UK

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Top News

Asian Stocks Lower As Biden Exits 2024 Race, Tech Outage

Asian stocks react to Biden's exit from 2024 race and tech outage, China lowers rates, U.S. markets face losses.

The Times of India

Lose weight and improve heart health with nectarines; know all the amazing benefits

With their sweet-tangy taste, nectarines, the summer fruit, offer a refreshing change from the usual fruits that are available throughout the season. Nectarines said to have originated in China over two thousand years ago, share a lot of similarities with peaches that are nearly the same genetically besides a gene…

International Business Times

China Central Bank Cuts Two Key Rates To Support Flagging Economy

China's central bank on Monday cut two benchmark interest rates in a bid to boost lending and kickstart growth in the world's second-largest economy.

International Business Times

Asian Markets Drop As Biden Drops Out Of White House Race

Asian markets fell Monday as Joe Biden's decision to drop out of the US presidential race fuelled fresh uncertainty, while traders appeared to be unmoved by China's decision to cut interest rates in a bid to boost the country's stuttering economy.

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Fortune

The U.S. reigns supreme in AI startups while China ensures chatbots have 'core socialist values'

The number of AI companies founded in the U.S. between 2013 and 2023 totaled 5,509, more than all the other countries combined, S&P Global said.

The Guardian - UK

Britain’s defence policy rests on unity in an increasingly divided world

Letters: Readers on the UK’s defence and security review after the expert leading it identified a ‘deadly quartet’ of adversaries

Top News

Nepal's PM Oli Wins Overwhelming Support In Parliament

Khadga Prasad Oli, Nepal's new prime minister, secures strong parliamentary support. Challenges ahead in managing relations with India and China.

Tom’s Hardware

Nvidia could lose up to $12 billion in revenue if US bans new China-oriented GPU — analysts believe the H20 will get the banhammer soon

Rumored U.S. govt's plan, if implemented, will cost Nvidia some $12 billion.

Top News

Philippines And China Reach Deal On Disputed Shoal

Philippines and China agree to prevent confrontations at disputed shoal in South China Sea, aiming to ease tensions and promote stability in the region.

Top News

China And Philippines Reach Deal To Ease South China Sea Tensions

China and the Philippines reach agreement to ease tensions at Second Thomas Shoal in the South China Sea, marking rare cooperation amidst ongoing territori...

France 24

China and Philippines reach deal to avoid clashes at disputed reef

China and the Philippines have struck a deal aimed at stopping the two countries from clashing over the fiercely disputed Second Thomas Shoal in the South China Sea, the Philippine government said Sunday. In the past year, the territorial standoff at the reef has flared and came to a head…

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