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The Latest Breaking News from China

Shanghai Composite Index Fell 0.26% on Tuesday

Shenzhen Component Index closed down 0.9%

Caixin Global

Solomon Islands bids farewell to a polarising PM who became the Pacific’s most China-friendly leader

Although Manasseh Sogavare’s time as prime minister of Solomon Islands is finished, his country’s relationship with China may still have some way to run

The Guardian - AU

Caixin Top Stories of the Month: China’s Mammoth Effort to Help Foreigners Spend, Spend, Spend

While scanning QR codes is the ubiquitous payment method in China, it’s not available to most foreign visitors, making it a major hassle to even buy a coffee

Caixin Global

From analysis to the latest developments in health,
read the most diverse news in one place.

Americans Are Open To Cheap Chinese Cars. That’s 'Scary' For The Rest Of The Auto Industry

Many EV buyers would buy a Chinese car if it was cheap enough, according to a recent survey.

InsideEVs

China Is Doubling Down on Electric Vehicle Subsidies

Electric vehicles are not a bad thing, especially in heavily polluted China. But the market should drive demand, not central planners.

Reason

Vasseur: Ferrari/McLaren F1 performance swing is one tenth at most

The Maranello squad has generally been the stronger team in the first five races of the 2024 season, being the only non-Red Bull winner in the Australian GP thanks to Carlos Sainz's victory. But McLaren's Lando Norris had the upper hand in the last race in China, where he was…

Motorsport

Shanghai Composite Index Rose 0.79% on Monday

Shenzhen Component Index closed up 2.22%

Caixin Global

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Morning Digest | One killed, three injured in fresh gunbattles in Manipur; India will never bow down, says Rajnath Singh on border talks with China; and more

The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on April 29, 2024

The Hindu

Elon Musk meets China’s No 2 official in Beijing

Tesla CEO’s unannounced visits comes as Chinese carmakers are promoting rival models at the Beijing Motor Show.

Al Jazeera

Cash is king — for now: China signals it will slow transition to cashless society

With tourists struggling to access the two primary digital payment apps, Alipay and WeChat pay, Beijing has put measures in place to make cash payments easier

The Guardian - AU

Tory MP says he was deported from Djibouti due to criticisms of China

Tim Loughton had sanctions imposed on him in 2021 by Beijing, which has close ties to east African country

The Guardian - UK

Up 2.3 times in 15 years, India’s Chinese import bill to rise further

India's imports from China have surged, leading to a growing trade deficit and increased reliance on Chinese goods.

The Hindu

Drone maker DJI facing U.S. FCC ban — the national security risk and part China-state ownership are key issues

The U.S. Congress presented a bipartisan bill that will prevent DJI from selling new drones - effectively banning them in the consumer and commercial space - citing national security and CCP sponsorship reasons.

Tom’s Hardware

China gives local companies funding to buy homegrown GPUs — aiming for self-sufficiency by 2027

The city government in Beijing has outlined plans to subsidize companies that buy Chinese-made processors. Its draft policy has a strong emphasis on GPUs, as they have been most badly affected by US export controls

Tom’s Hardware

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The Hindu

Talks with China going on smoothly, India will never bow down: Rajnath Singh

India's Defence Minister Rajnath Singh discusses India-China relations, military strength, and commitment to indigenous defence production in Ahmedabad.

Motorsport

Hulkenberg's China sprint shows Haas "not completely out" of tyre issues

Haas has made considerable progress on the issue that blighted its F1 campaign last year, which was caused by a fundamental aerodynamic imbalance that meant the VF-23 could get its tyres working well for qualifying, but would then chew through them in races.

International Business Times

Tesla CEO Elon Musk In China For Talks

Tech billionaire and Tesla CEO Elon Musk was in China for talks on Sunday, making his second trip in less than a year to the world's biggest market for electric vehicles.

Dynamite News

Tesla CEO Elon Musk heads to China in surprise visit to country: Report

Tesla CEO Elon Musk has headed to China on Sunday on a surprise visit to the country, which is also the second biggest market of the electric vehicle giant, news agency Reuters reported citing two people with knowledge of the matter. Read further on Dynamite News:

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news in one place.

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The Hindu

China's share in India's industrial goods imports jump to 30% from 21% in last 15 years: GTRI

Growing Indian dependence on Chinese industrial goods raises concerns about trade deficit and national security implications, report finds.

International Business Times

Elon Musk Heads To China For A Visit To Tesla's Second-Largest Market

Musk aims to meet senior Chinese officials in Beijing to discuss the deployment of Full-Self Driving (FSD) software in China.

Top News

Deadly Tornado Strikes Guangzhou, China, Killing Five

Devastating tornado in Guangzhou, China causes casualties and factory damage amidst heavy rainfall and flooding. China Meteorological Agency warns of conti...

Tom’s Hardware

ASML claims US ban on servicing China chipmaking tools will not hurt the company

The Dutch government may ban ASML from servicing high-end wafer fab tools in China, but the outgoing ASML CEO says this will not be a major problem for earnings.

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