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The Latest Breaking News from China

S&P Futures Muted as Investors Weigh Interest Rate Outlook

June S&P 500 E-Mini futures (ESM24) are trending down -0.05% this morning as warnings from a series of Federal Reserve officials prompted investors to reassess their expectations regarding interest rate cuts this year.

Barchart

Putin To Boost Moscow-Beijing Trade In China's Northeast

Putin's visit to China to boost trade ties and cooperation in energy, technology, and infrastructure, strengthening the strategic partnership between Russi...

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Tesla China Data To Power AI Ambitions

Elon Musk plans to leverage Chinese data to enhance Tesla's AI technology for improved electric vehicle performance.

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China Implements Measures To Revitalize Ailing Property Market

China unveils initiatives to rejuvenate property sector amidst housing price drop and economic challenges.

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Taiwan Shifts Focus To US Amid China Tensions

Taiwan shifts focus from China to U.S., strengthening economic ties and diversifying investments amidst escalating tensions.

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S&P Futures Muted as Investors Pare Back Rate Cut Bets

Barchart

Microsoft Allegedly Willing To Transfer 800 AI Workers From China To US, Ireland Or Australia

Facing tech tensions, Microsoft offered relocation to hundreds of China-based AI and cloud staff, key players in the US-China tech rivalry.

International Business Times UK

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The one key difference between the U.S. and China in the AI arms race

The U.S. seems determined to keep its lead even at the risk of other hazards.

Fortune

Vladimir Putin tours ‘Little Moscow’ as he trumpets deepening ties with China

Russian leader’s visit to northeastern Harbin city with Xi Jinping is meant to symbolise growing strategic, economic and cultural ties

The Independent UK

Asian Shares Mixed As China Announces Property Market Measures

Asian and U.S. stock markets show mixed performance influenced by economic data, company reports, and market stimuli. Oil prices rise, U.S. dollar strengthens.

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Shanghai Composite Index Rose 1.01% on Friday

Shenzhen Component Index closed up 1.1%

Caixin Global

Stock market today: Asian shares are mixed as China stocks get bump from new property measures

Asian shares are mixed after Chinese stocks reversed earlier losses following the announcement of fresh measures to revive the ailing property market

The Independent UK

China Says Could Buy Up Commercial Housing To Boost Property Market

A top Chinese economic official said Friday the state could buy up commercial real estate in a bid to boost the country's ailing housing market, currently battling an unprecedented debt crisis.

International Business Times

China is expected to announce new measures to fix its property crisis, spur growth

China is expected to announce fresh measures to reinvigorate its ailing property industry after the latest data showed housing prices slumped in April

The Independent UK

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Putin And Xi Strengthen Partnership Amid Rising Tensions

Russian President Putin's state visit to China showcases strong partnership amidst global tensions, emphasizing trade and cultural exchanges.

International Business Times

Despite Western Pressure, China In No Hurry To Reduce Russia Support

Despite Western calls on China to cut its support for Moscow's war against Ukraine by limiting supplies of dual-use materials and weapons components to Russia, Beijing has no interest in dropping its backing for President Vladimir Putin, analysts say.

International Business Times

For Sale: Unique Piece Of Land In Strategic Arctic Archipelago

The last piece of privately owned land in the strategic Svalbard archipelago in the Arctic is up for grabs, a property likely to entice China but which Norway does not intend to let go without a fight.

The Hindu

CBI books Customs official on bribery charges

The Central Bureau of Investigation has registered a case against a customs official on charges of demanding bribe to appraise goods imported by a private firm from China.

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Caixin Global

Weekly Must-Read: What’s in China’s Policy Toolbox to Tackle the Ballooning Housing Stocks

The Politburo wants to reduce China’s housing inventory and stimulate home sales. How will they do it?

The Independent UK

Taiwan is selling more to the US than China in major shift away from Beijing

Taiwan is reducing its reliance on the Chinese mainland as it seeks to insulate itself from pressure from Beijing and forge closer economic and trade ties with the United States

International Business Times

Putin In Trade Push On Final Day Of China Trip

Russian leader Vladimir Putin was in the northeastern city of Harbin on Friday, the final day of a visit aiming to promote crucial trade with China and win greater support for his war effort in Ukraine.

The Guardian - AU

Putin visits China’s ‘Little Moscow’ as allies seek to cement economic ties – as it happened

Leader visits city known for historically large Russian population on second day of visit

Al Jazeera

As India’s Modi drags Pakistan into election campaign, will ties worsen?

Unlike in 2019, Pakistan was largely absent from India’s election rhetoric. Now that’s changed – after a three-word post

International Business Times

Taiwan President Takes Office Under Close Scrutiny

Taiwan's president-elect Lai Ching-te, a staunch defender of the island's democracy, will be sworn into office Monday as Beijing ratchets up military and diplomatic pressure on Taipei.

International Business Times

Taiwan's Lai To Bolster 'Porcupine' Defence Against China Threat

The incoming Taiwanese president's best strategy to stop China from seizing the self-ruled island will likely be to bolster an agile defensive "porcupine" approach by spending more on missiles and drones.

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