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The Latest Breaking News from China

A year after lifting COVID rules, China is turning quarantine centers into apartments

Dozens of makeshift centers were built and now stand empty. Now authorities want to revive a stagnating economy and attract young workers to cities by turning the structures into affordable housing.

WEKU

India’s import of Active Pharmaceutical Ingredients and Key Starting Material from other countries including China grew: Ministry

Imports of bulk drugs/APIs from China grew from ₹23,273 cr in 2021-22 to ₹25,551 cr in 2022-23. Government has taken steps to reduce reliance on China for APIs and other pharma products. Health Ministry has encouraged indigenous manufacturing of drugs with a ₹3,000 cr scheme. Bulk Drug Parks approved in…

The Hindu

Philippines Accuses Chinese Coast Guard Of Shooting Water Cannon At Its Boats

The Philippines accused the Chinese coast guard on Saturday of using water cannons to "obstruct" three government boats delivering provisions to Filipino fishermen near a reef off its coast.

International Business Times

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What it means for an oil producing country, the UAE, to host U.N. climate talks

The United Arab Emirates is a major oil producing nation, and that's drawing attention to the role oil and gas has at this year's COP28 climate negotiations.

WEKU

Drone recovered near IB in Punjab's Ferozepur

During a search operation on Saturday, the BSF personnel recovered a China-made quadcopter along with a hold and release mechanism from the field, said the official.

The Hindu

Made-In-China Drone recovered near Maboke village in Punjab

The BSF intercepted the movement of the suspected drone near Maboke village, immediately reacted and fired on the drone to intercept it. Read further on Dynamite News:

Dynamite News

Can't put India, other nations with high per capita emissions in same basket: European Parliament member Peter Liese

Clubbing India with emitters such as China and the U.S. is completely unacceptable as its per capita emissions are “very low”, a senior official of the European Parliament said on December 9.

The Hindu

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Belt and Road Initiative's new approach and what it means for Chinese investments in Indonesia

A shift in China’s international Belt and Road Initiative (BRI) from focusing on massive projects such as roads, railways and ports to “small but beautiful” ones has been announced by President Xi Jinping.

The Conversation

Australian barley back in China after lifted tariffs

China's customs agency has released data on Australian barley imports for the first time in three years.

AAP

The Great Wall of China is being held together by 'biocrusts'

Ancient workers used a blend of organic materials such as mosses and lichen to build the architectural marvel and help protect it from erosion.

LiveScience

Bearish or Bullish: Deciphering the 3 Best China Stocks for December

China, the world’s second-largest economy, exhibited resilience even in the face of several macroeconomic challenges. In this context, should investors invest in the shares of Chinese stocks: Alibaba Group (BABA), Weibo Corp (WB), and Autohome Inc. (ATHM)? Read on….

StockNews.com

U.S. sanctions officials from Afghanistan to China on declaration of human rights anniversary

The U.S. on Friday imposed sanctions on 20 people, from Afghanistan to China to Haiti to Iran, accused of violating human rights in their respective nations

The Independent UK

The cheaper OnePlus 12 may be suspiciously familiar

The OnePlus 12R may borrow a lot of its features from an already-released OnePlus phone.

Facing the music in China: Taiwanese rock band accused of breaking lip-synching ban

China and India have two of the world's biggest populations and are also two of the worst polluters. One has made progress trying to clean up its act while the other has stalled; we take a closer look. Also in this edition: over 40 percent of children in Pakistan suffer…

France 24

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International Business Times

Solar And Wind Power Are Finally Killing Coal In Top Emitting Countries

Thanks to boosted investment in renewables, coal has proven a far easier energy source to quit than oil and gas -- with a few exceptions -- in major economies.

The Hindu

Karnataka should capitalise on China +1 strategy: Gunjan Krishna

The China+1 strategy is gaining prominence and a lot of investment is going to South-East Asia and therefore it is crucial for industries in Karnataka to work together to capitalise on these openings, urged Gunjan Krishna, Commissioner for Industrial, Development & Director Industries & Commerce

InsideEVs

China Pushes Back On Biden's New EV Tax Credit Rules

China thinks the new rules run counter to the spirit of the World Trade Organization, and are anti-competitive.

Al Jazeera

Changing course: How Javier Milei will transform Argentina’s foreign policy

President-elect Milei will seek to align Latin America’s third largest economy with the US, Israel and ‘the free world’.

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Barchart

The Unemployment Rate Declines to 3.7% and Nonfarm Payrolls Rise by 199,000

Morning Markets The S&P 500 Index ( $SPX ) ( SPY ) is up +0.32%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is up +0.22%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is up +0.33%. Stocks are higher this morning, despite the...

The Independent UK

Chinese leaders wrap up annual economic planning meeting with scant details on revving up growth

China's state media say top leaders held an annual planning meeting where they agreed to step up spending to help rev up the economy

The Independent UK

Lawmakers seek action against Elf Bar and other fruity e-cigarettes imported from China

House lawmakers are demanding information on federal efforts to stop the influx of kid-appealing electronic cigarettes from China

Barchart

Markets Today: Stocks Tumble as Bond Yields Jump on a Strong U.S. Payroll Report

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.35%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.67%. Stock index futures this morning are moderately lower as bond yields jumped after the monthly U.S. payroll report showed a larger-than-expected increase in nonfarm payrolls and an...

Barchart

S&P Futures Slip as Investors Await Key U.S. Jobs Report

December S&P 500 futures (ESZ23) are trending down -0.20% this morning as market participants looked ahead to a pivotal monthly U.S. nonfarm payrolls report for clues on the Federal Reserve’s monetary policy outlook.

Tom’s Hardware

China poised to break 5nm barrier — Huawei lists 5nm processor presumably built with SMIC tech, defying U.S. sanctions

Chinese foundry SMIC may have broken the 5nm process barrier, as evidenced by a new Huawei laptop listed with an advanced chip with 5nm manufacturing tech — a feat previously thought impossible due to U.S sanctions.

International Business Times

Apple's Production In India To Get A Boost With Tata Group's New iPhone Assembly Plant

Tata Group is looking to construct the factory in the southern state of Tamil Nadu. The Indian conglomerate presently oversees an iPhone manufacturing unit that it took over from Taiwanese supplier Wistron in the southern Indian state of Karnataka.

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