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The Latest Breaking News from China

Chinese President Xi Jinping Sees A Resilient Economy – Numbers Point Otherwise

The leader is optimistic about the country's economy, but economic numbers do not support this optimism.

International Business Times

Tesla recalls over 1.6 million imported vehicles for problems with automatic steering, door latches

Tesla is recalling more than 1.6 million Model S, X, 3 and Y electric vehicles imported to China to fix problems with their automatic assisted steering functions and door latch controls

The Independent UK

Beijing Slams 'Muscle-Flexing, Provocative' US-Philippines Joint South China Sea Patrol

Following the second Washington-Manila joint maritime patrol, Beijing called on the U.S. and Philippines to halt what it says were "irresponsible moves" in the disputed South China Sea.

International Business Times

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India registered strong investment performance in 2023; headwinds in China from struggling property sector: UN

India registered strong investment performance in 2023, driven by government infrastructure projects and multinational investments, the United Nations has said while noting that investment prospects in China face “headwinds” from a struggling property sector.

The Hindu

Shanghai Composite Index Fell 0.85% on Friday

Shenzhen Component Index closed down 1.07%

Caixin Global

West Asian nations hold the highest number of Indians in jails abroad | Data

West Asian nations hold the highest number of Indians in jails abroad. Nearly 9,500 Indians are currently lodged in prison across 89 nations.

The Hindu

Global finances: what does 2024 hold in store for major economies and markets?

From a potential roaring 20s in the markets to recession fears in the UK, here’s our look ahead to the year in finance

The Guardian - UK

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Nikki Haley vows to tackle China's growing threat as president

In a lively and assertive tone, Nikki Haley addresses questions about the challenges of being a female president, stating that America is ready for the rig...

Top News

India, China Eye Strategic Areas Bordering 'Last Barrier' Bhutan

Squeezed between giant arch-rivals India and China, the landlocked mountain kingdom of Bhutan was long isolated by icy Himalayan peaks.

International Business Times

Weekly Must-Read: Chinese Carmakers Enter 2024 Fighting Price War, Heightened EV Competition

On track for record 2023 sales, China’s auto industry won’t see profitability follow suit

Caixin Global

New Report Reveals China's Potentially Troubling Influence on Trump

Discover the shocking revelations from a new report on foreign spending at Trump properties, raising questions about potential influence and compromising s...

Top News

Arab states question Israel's strength, normalization in jeopardy

Explore the complex web of alliances and threats in the Middle East, as ex-foreign policy adviser discusses the role of Iran, Russia, China, and Israel.

Top News

A Guide To BYD, The Chinese Automaker That Just Surpassed Tesla

Let's take a closer look at BYD, the Chinese automaker that recently surpassed Tesla for the number of electric vehicles sold.

InsideEVs

Foreign Govts Paid Trump Firms Millions While President: Report

Former US president Donald Trump's businesses received at least $7.8 million from foreign governments including China during his time in the White House, a congressional report claimed Thursday.

International Business Times

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Fortune

Stock forecaster who called 2023's bull run sees 4 'clear and present dangers' spelling 6 months of pain ahead

Stocks may be in for a volatile few months, but this is still the Roaring 2020’s, according to Yardeni. Expect the S&P 500 to rally to 5,400 by year-end.

The Guardian - US

Trump businesses received millions in foreign payments while he was in office

Countries including China and Saudi Arabia spent $7.8m, ‘often lavishly’, at Trump properties, report by House Democrats finds

Top News

Box office revenue in 2023 reaches record high despite pandemic

Lights, camera, action! Get ready to be amazed by the booming global box office revenue in 2023, led by Barbie, Super Mario, and Oppenheimer. Exciting time...

Salon

Trump got $5.5M from China: report

Trump guilty of the same conduct Republicans are trying to dig up on Joe Biden, Democratic report says

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Barchart

Crude Oil: Will the Tug of War Between Bulls and Bears Continue in 2024?

Crude oil closed 2023 at below $72 per barrel. The price was lower for the year and just below the U.S. administration’s $67 to $72 per barrel buying zone to replenish the Strategic Petroleum Reserve. As the market heads into 2024, bullish and bearish factors pull the energy commodity in…

Barchart

What Will Provide Direction for the Global Economy This Year?

In 2023, major headwinds faced the global economy, from soaring inflation and aggressive central bank tightening to wars in Europe and the Middle East and a festering property crisis in China that stunted its economic growth. Despite all of these negative factors, the post-pandemic global recovery managed to flourish. However,...

Space

China launches 2 sets of commercial weather satellites in 3-day span (video)

On Dec. 24 and Dec. 27, China launched clusters of small satellites to provide commercial meteorological data.

Radio France Internationale

Drive to woo lucrative Chinese tourists back to La Belle France

French Tourism Minister Olivia Grégoire is visiting China in an effort to convince reluctant Chinese visitors to return to the world's most popular tourist destination.

The Hindu

Study revives South Korea superconductivity claim with new data | Explained

A group of scientists affiliated with research institutes in China and Japan have reported finding a sign of superconductivity in a material that was at the centre of a controversy last year over similar claims, called LK-99. This time, they have reported re-synthesising the material using a “state of the…

Top News

VeChain Price Decline, Reaching Record Low

VeChain rate has plummeted to its lowest in six months, falling below VeChain Price Decline, Reaching Record Low.03 due to regulatory concerns and China's crackdown on mining

Barchart

Markets Today: Stocks Slip as Strong U.S. Labor News Reduce Fed Easing Chances

Morning Markets March E-Mini S&P 500 futures (ES H24) are down -0.09%, and March Nasdaq 100 E-Mini futures (NQH2 4) are down -0.49% at a 3-week low. Stock index futures this morning gave up overnight gains and turned lower after stronger-than-expected U.S. labor market news pushed bond yields higher and...

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