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The Latest Breaking News from China

Toyota-GAC Joint Venture Lays Off 1,000 Workers In China

The Toyota-GAC joint venture will terminate the contracts of 1,000 dispatch workers in Guangzhou, China.

InsideEVs

Tesla Killing It Compared To German EV Rivals In Global Race

The Tesla Model Y has taken the world by storm, and it's especially popular in Europe. In fact, it's the only Tesla model produced there.

InsideEVs

China removes foreign minister Qin Gang after mysterious absence

Mr Qin has not been seen publicly since 25 June when he met with officials from Sri Lanka, Russia and Vietnam

Evening Standard

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read the most diverse news in one place.

Lawmakers press for more scrutiny over China's 'malign influence' at development bank

Lawmakers intent on reducing China’s influence on the U.S. economy are seeking to push the Treasury Department to reduce the scale of Beijing’s influence at the Inter-American Development Bank, which supports economic and social development in Latin America and Caribbean

The Independent UK

Crude Gains on the Prospects for Additional China Stimulus

September WTI crude oil (CLU23 ) this morning is up +0.61 (+0.77%), and Sep RBOB gasoline (RBU23 ) is down -4.46 (-1.57%). Crude oil and gasoline prices this morning are mixed, with crude climbing to a 3-month nearest-futures high. Crude found support today after China signaled further measures to bolster...

Barchart

Typhoon Doksuri Strengthens, Targets Philippines, Taiwan, Hong Kong, And Southern China

Typhoon Doksuri, equivalent to a Category 3 hurricane, poses threats of heavy rain, strong winds, and potential landfall.

Zenger

Can China’s Economic Policies Spark a Growth Rebound?

China’s Shanghai Composite Stock Index ($CHSC ) rallied by more than +2% today to a 1-week high as market sentiment improved after this week’s Politburo meeting laid out a pre-growth tone that was more dovish than markets expected. The Chinese Communist Party’s 24-member Politburo, the country’s top decision-making body led...

Barchart

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Dow Jones Extends Winning Streak, Asian Markets Rise On Chinese Economic Boost

US markets continue to climb, fueled by earnings reports and Fed meeting, while Chinese stocks surge on government support.

Zenger

Stock Gains Muted Ahead of Mega-Cap Tech Earnings and FOMC Results

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.14%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.40%. Stocks this morning are moderately higher. Trading activity is...

Barchart

Intel Raptor Lake Refresh Could Launch in October, Says Chinese PC Maker

More evidence from China points to Intel launching its first salvo of Raptor Lake Refresh CPUs in October.

Tom’s Hardware

China has replaced its foreign minister, absent from public for a month

China is removing its foreign minister, Qin Gang, and reappointing his predecessor, veteran diplomat Wang Yi, to fill the position.

WEKU

What Do These 3 China Stocks Have in Common? Quality and Smart Money Interest

The Chinese economy demonstrated immense resilience despite facing many challenges. This solidity is strengthened further by an array of initiatives deployed by the nation, which have the potential to fortify its financial terrain. Therefore, quality Chinese stocks Alibaba Group Holding (BABA), FinVolution Group (FINV), and LexinFintech Holdings (LX), owned significantly…

StockNews.com

Markets Today: Stocks Edge Higher as Earnings Season Ramps Up

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.04%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +0.29%. Stock indexes this morning are slightly higher ahead of a raft of mega-cap stock earnings results, with Microsoft and Alphabet due to report their first...

Barchart

China replaces foreign minister with predecessor amid speculation over weeks-long absence

China on Tuesday removed outspoken Foreign Minister Qin Gang from office and replaced him with his predecessor, Wang Yi, in a move that has already fueled rumors over the personal lives and political rivalries of China's Communist Party elite.

France 24

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Caixin Global

Wang Yi Replaces Qin Gang as Foreign Minister

Qin Gang, who was last seen in public on June 25, has been replaced by his immediate predecessor Wang Yi, the party’s top diplomat

The Guardian - UK

Still no sign of Qin Gang as China says foreign minister has been replaced

Beijing announces former US ambassador has been removed from office after speculation about his whereabouts

The Conversation

NATO isn't the only alliance that countries are eager to join – a brief history of the Five Eyes

After the recent NATO summit in Vilnius, Lithuania, it is anticipated that Sweden will soon become the alliance’s 32nd member.

The Independent UK

China removes outspoken foreign minister Qin Gang and replaces him with his predecessor, Wang Yi

China has removed outspoken foreign minister Qin Gang from office and replaced him with his predecessor, Wang Yi

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The Independent UK

China names Pan Gongsheng to lead central bank, succeeding Yi Gang

China's ceremonial legislation has endorsed the promotion of Pan Gongsheng to serve as central bank governor

Al Jazeera

China replaces Foreign Minister Qin Gang with Wang Yi

Announcement comes a month after Qin Gang’s last public appearance, with predecessor Wang Yi taking his place.

PC Gamer

AMD's RX 7900 GRE is coming to China, but what's under the hood?

The Golden Rabbit Edition is coming.

The Hindu

Heatwaves in Europe, China and America could not have occurred without climate change: study

Study finds heatwaves in US and europe are becoming more common & are virtually impossible without increase in heat from mid-1800s.

Barchart

S&P Futures Tick Higher Ahead of FOMC Meeting, Microsoft and Alphabet Earnings on Tap

September S&P 500 futures (ESU23) are trending up +0.09% this morning as market participants braced for interest rate decisions from major central banks, including the U.S. Federal Reserve, and a deluge of quarterly reports from heavyweight names.

France 24

Beijing to provide more economic support to boost sluggish post-pandemic recovery

Real estate and tech stocks in Hong Kong and China soared this Tuesday after a Politburo meeting signalled the government would provide more support to the economy. The July meeting is often seen as crucial in setting the tone for economic policy in the country. China says it is on…

Evening Standard

July heatwaves ‘would have been almost impossible without climate change’

They are now expected to occur every few years and will become hotter and more frequent as long as people keep burning fossil fuels, scientists said

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