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The Latest Breaking News from China

Chinese Diplomat Likely To Become Next Foreign Minister

Speculation surrounds a Chinese diplomat's potential appointment as the next foreign minister, highlighting diplomatic expertise and anti-corruption backgr...

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Risk Rally Gathers Steam As China Unveils Goals

Global markets rally as investors react positively to China's economic goals and trade talks, fueling optimism for economic recovery and growth.

Top News

Equities Slide on Weakness in Technology Stocks

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.87%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.56%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.77%. Stock indexes this morning are moderately lower on weakness in technology stocks. Some...

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Apple's iPhone Sales In China Decline While Huawei Surges

Apple's iPhone sales in China plummeted by nearly a quarter amid fierce competition from local brands like Huawei.

International Business Times

Trump 2.0 foreign policy would not differ on China, India, may change on Ukraine: former Trump official Curtis

Former Trump official Lisa Curtis discusses potential U.S. foreign policy changes post-election at a conference in Manila.

The Hindu

Tech Stock Weakness Weighs on the Overall Market

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.49%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.95%. Stock indexes this morning are moderately lower on some negative corporate news. Apple...

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China offers AI computing ‘vouchers’ to its underpowered start-ups

Chinese AI startups are getting help to access resources as the country faces a serious chip shortage.

TechRadar

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China's economic roadmap for 2024 aims for steady growth, healthy inflation

At the opening of the National People's Congress in Beijing this Tuesday, Chinese Premier Li Qiang outlined the government's major objectives for the economy in 2024. In this edition of Business Daily, we take a look at what Beijing is seeking to achieve this year and at the challenges posed…

France 24

Apple's Iphone Sales In China Drop, Loses Top Spot

Apple's iPhone sales in China have declined by 24%, losing its top-selling position to Vivo. Tough competition from Huawei and pricing pressure from other ...

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Global Markets React To China's Economic Growth Target Announcement

Global markets experience mixed results influenced by China's economic growth target and oil prices. Stock performance varies with AI-related stocks surgin...

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US And Australia Collaborate Through NRL To Counter China

US and Australia explore NRL partnership to counter China's influence in the Pacific through Papua New Guinea expansion.

Top News

Taiwanese Crime Film 'The Pig, The Snake And The Pigeon' Dominates China Box Office

Taiwanese crime action film 'The Pig, the Snake and the Pigeon' leads mainland China box office, with 'Dune 2' anticipated to make a splash. Other notable ...

Top News

China provides 'computing vouchers' for AI startups to train large language models — designed to combat rising GPU costs due to US sanctions

China offers computing vouchers worth between $140 to $280 thousand to AI startups as U.S. sanctions bite.

Tom’s Hardware

iPhone sales plunge in China — first six weeks of 2024 see 24% decline for Cupertino year-over-year

Apple's smartphone sales in China don't look too great for the start of 2024 as year-over-year sees a 24% slump in first six weeks.

iMore

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Stock Index Futures Slip Ahead of U.S. Economic Data, Powell’s Testimony Awaited

March S&P 500 E-Mini futures (ESH24) are down -0.25%, and March Nasdaq 100 E-Mini futures (NQH24) are down -0.63% this morning as investors geared up for a new batch of U.S. economic data while looking ahead to Federal Reserve Chair Jerome Powell’s congressional testimony.

WEKU

China's leaders announce a push to jumpstart economy, but say it won't be easy

The country's premier announces a round of fiscal stimulus to boost employment, but warns its legions of bureaucrats to gird themselves for a period of fiscal austerity.

International Business Times

China's Economic Woes Far From Over, Despite Optimistic Growth Goal

Beijing's leadership on Tuesday laid out an objective of "around five percent" gross domestic product (GDP) growth this year -- a dream of many developed Western nations but for China a far cry from the breakneck expansion that powered its rise.

The Guardian - UK

Jeremy Hunt ‘to cut national insurance and freeze fuel duty’ in budget; bitcoin hits record high over $69,000 – as it happened

Reports that chancellor will cut national insurance by a further two percentage points tomorrow, as UK private sector growth rises

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Caixin Global

Shanghai Composite Index Rose 0.28% on Tuesday

Shenzhen Component Index closed down 0.23%

International Business Times

Chinese Legislators Kick Off Annual Gathering In Chilly, Grey Beijing

China's parliament opened its annual meeting with subdued pageantry on Tuesday as sleet and cloudy skies left delegates shivering under umbrellas.

International Business Times

Maldives Signs China Defence Deal As India Prepares Exit

The Maldives has signed a "military assistance" deal with China after ordering Indian troops deployed in the small but strategically-placed archipelago to leave, officials said Tuesday.

The Guardian - UK

Manila accuses Beijing of ‘dangerous manoeuvres’ in South China Sea

Philippines says vessels were damaged and four people injured after Chinese boats caused two collisions

Top News

Dollar Watches China News, Yen Considers Rate Risks

Stay informed about how China's economic news is influencing the global forex market dynamics with the US dollar and Japanese yen playing significant roles.

Top News

Oil Prices Drop As China's Economic Transformation Plan Disappoints

Oil prices drop as China's economic changes, geopolitical tensions, and COVID-19 impact market dynamics.

Top News

Chinese Premier Emphasizes Stable, Transparent, And Predictable Policies

China's pledge to implement stable, transparent, and predictable policies signals a commitment to fostering sustainable growth and creating a business-frie...

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