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The Latest Breaking News from China

China Piles $47.5 Billion Into ‘Big Fund III’ to Boost Chip Development

Third phase of the Big Fund aims to help build a semiconductor industry to circumvent U.S. export controls on powerful chips

Caixin Global

Shanghai Relaxes Mortgage Rules to Bolster Housing Market Support

China’s financial hub reduces downpayment ratios and lowers floor for mortgage rates

Caixin Global

US sanctions against China boost UMC's production — Taiwanese fab sees growth, but so does China

Taiwanese fab UMC has begun taking new orders from Texas Instruments, Realtek, and MediaTek. Recent US sanctions shift the global supply chain away from China, but Chinese indigenous demand keeps China in the lead.

Tom’s Hardware

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Geely Is The First Chinese Automaker To Crack The Top 10 Global Auto Sales Chart

The Geely Group passed the Mercedes-Benz Group and BMW in Q1 2024. Meanwhile, other Chinese companies are catching up and playing the long game.

InsideEVs

Best Asian spirits to sip on this summer

Tap into this summer’s hottest tend by chilling out with the latest and greatest Asian spirits

Evening Standard

Tesla Wants Its Suppliers To Make Parts Outside Of China And Taiwan Amid Rising Tensions

General Motors and Ford are also reportedly looking to secure their supply chains in case something goes wrong.

InsideEVs

China Establishes .5 Billion Fund To Boost Semiconductor Sector

China's .5 billion fund aims to boost semiconductor sector, reduce reliance on foreign tech, and drive innovation.

Top News

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Putin Visits Uzbekistan To Deepen Relations With President Mirziyoyev

Russian President Putin visits Uzbekistan to enhance bilateral relations with a focus on trade and economic cooperation.

Top News

State Department Team Helps Countries Facing Chinese Economic Coercion

The State Department's team aids countries facing Chinese economic coercion, providing consultation and support.

Top News

China, South Korea, Japan Revive Trilateral Cooperation

Chinese, South Korean, and Japanese leaders revive trilateral cooperation to address shared challenges and tensions in Northeast Asia.

Top News

China conducts animal tests with Ebola-like virus that kills within three days

Researchers developed new method to study effects of Ebola virus infection under controlled lab conditions

The Independent UK

U.S. economic growth will eclipse China's by 2031, and the transformation Beijing needs for a revival may take 'several decades, if not longer,' top demographer says

"Historically, no country has managed to achieve 4% growth in the subsequent 12 years after the elderly made up 15% of the population."

Fortune

An influencer known as ‘China’s Kim Kardashian’ is kicked off social media after Beijing imposes rules against showing off a 'lavish lifestyle'

Social media accounts can now be erased if Chinese authorities think you're showing off your wealth too much.

Fortune

Senior UK politicians call for greater scrutiny of potential Shein IPO

Concerns London listing of retailer facing forced labour allegations goes ahead while parliament is dissolved

The Guardian - UK

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International Business Times

South Korea, China, Japan Vow To Ramp Up Cooperation In Rare Summit

The summit brought together South Korean President Yoon Suk Yeol, Chinese Premier Li Qiang and Japan's Prime Minister Fumio Kishida in Seoul for the countries' first trilateral talks in nearly five years, partly due to the pandemic, but also once-sour ties.

Caixin Global

Shanghai Composite Index Rose 1.14% on Monday

Shenzhen Component Index closed up 0.88%

International Business Times

US Lawmakers Affirm Support For Taiwan Against China's 'Aggression'

A senior US lawmaker affirmed on Monday Washington's support for Taiwan against Chinese "aggression", on the first congressional visit to the self-ruled island since it swore in a new president.

Top News

Trilateral Summit In Seoul Aims To Boost Cooperation

China, Japan, and South Korea hold trilateral summit in Seoul to enhance cooperation and address regional challenges.

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Top News

U.S. Lawmakers Visit Taiwan Amid Rising Tensions With China

U.S. lawmakers' visit to Taiwan amid tensions with China over Taiwan's new president underscores strategic significance and support for the island.

Top News

Zelensky Urges U.S. And China To Attend Peace Summit

Ukrainian President Zelensky calls for a peace summit in Switzerland, urging US and China participation to end the conflict.

Caixin Global

Opinion: Promoting Healthy Development of Disclosure Consulting in China’s Stock Market

Accurate, complete and timely information disclosure is the lifeline for maintaining market order and protecting investor rights

The Independent UK

US lawmakers visit Taiwan in show of support for new president after China's military drills

A U.S. congressional delegation has met Taiwan’s new leader in a show of support shortly after China held drills around the self-governing island in response to his inauguration speech

Al Jazeera

China urges South Korea, Japan to uphold free trade at three-way summit

Chinese Premier Li Qiang says three countries should view each other as ‘partners and opportunities for development’.

The Independent UK

China has threatened trade with some countries after feuds. They're calling 'the firm' for help

The U.S. State Department has set up an eight-person team known as “the firm” to provide help to countries cut off from Chinese trade

France 24

South Korea, China, Japan leaders meet for summit amid growing regional divide

South Korean President Yoon Suk Yeol, Japanese Prime Minister Fumio Kishida and Chinese Premier Li Qiang called on Monday for greater cooperation between the Asian neighbours as they held a three-way summit for the first time in more than four years.

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