The Latest Breaking News from China

Despite the best efforts of CEO Pat Gelsinger, Intel was not able to secure regulatory approval for its $5.4 billion purchase of Tower Semiconductor. The deal has now been terminated by both sides.

U.S. defense strategists warn that China may use the distraction of the war in Ukraine to launch military action against Taiwan. They believe Chinese President Xi Jinping is determined to gain control over the breakaway province – which has been beyond Beijing’s control since the founding of the People’s Republic…

Pakistan is showing clear signs of economic and political crisis. Inflation was recently almost 38%, and the country faces a debt crunch as it tries to manage its trade deficit with the rest of the world. Talks with the IMF over emergency loans have dragged on for months.

Intel is terminating a $5.4 billion agreement to acquire Israeli chip manufacturer Tower Semiconductor after China failed to sign off on the deal amid deteriorating US-China relations

In a statement, Beijing and New Delhi say they have ‘agreed to resolve the remaining issues in an expeditious manner’.

The US and Kenya announced a trade and investment partnership in July 2022. Talks have been progressing on the way forward in nine areas, including agriculture, anti-corruption, digital trade, environment and climate change action, and workers’ rights and protections.

China has seen a series of disappointing economic data this year. UBS' Tao Wang explains what went wrong with the anticipated recovery after China's tough COVID restrictions, and what could come next.

The China-spec Kia EV5 is powered by an LFP (lithium-iron-phosphate) Blade battery from BYD and features a 215-horsepower rear-mounted electric motor.

The Congress targeted the Modi government over the border situation with China, following the two-day military talks between India and China