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The Latest Breaking News from China

Morning Digest | African Union to join G-20 as Sherpas reach a deal; Delhi may turn venue for dialogue on reviving the Black Sea Grain Initiative, and more

The Hindu’s Morning Digest brings readers a select list of stories to start the day

The Hindu

Paul Krugman Warns Of ‘Very Nasty Fall’ For China

Unless the Xi Jinping-led administration returns to its communist roots, China's economy could experience a serious downturn.

Zenger

Politicians Say They Want To Fight Climate Change. So Why Are They Fighting China on Electric Vehicles?

Rather than posing a national security threat, the growth of China's E.V. industry is an opportunity for global innovation.

Reason

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read the most diverse news in one place.

Dollar Gains on U.S. Economic Strength and Yuan Weakness

The dollar index (DXY00 ) Thursday rose +0.18% and posted a 5-3/4 month high. Thursday’s U.S. economic news that showed an unexpected decline in weekly jobless claims and an upward revision to Q2 labor costs are hawkish for Fed policy and bullish for the dollar. Also, pessimism in China’s economic...

Barchart

Canada opens inquiry into allegations of election meddling by China, Russia

Canadian government tasks a judge with leading a public inquiry long sought by conservative lawmakers.

Al Jazeera

Finding Seoul in the Indo-Pacific

Along with Japan and the United States, South Korea has the potential to emerge as a key piece in India’s Indo-pacific strategy

The Hindu

Scientists Just Grew a Solid Human Organ in a Pig for the First Time

Researchers in China and the U.K. grew a human kidney to its second stage of development in a pig embryo, which will have applications for regenerative medicine.

Inverse

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China Bans Use Of IPhones, Other Foreign-Branded Devices By Government Officials

The move could result in a substantial headwind of up to 10 million units, significantly impacting Apple, say analysts.

Zenger

Canada announces public inquiry into whether China, Russia and others interfered in elections

Canada has announced that a judge will lead a public inquiry into whether China, Russia and other countries interfered in Canadian federal elections in 2019 and 2021 that re-elected Prime Minister Justin Trudeau’s Liberals

The Independent UK

Canada: leading judge to steer public inquiry into foreign interference

Marie-Josée Hogue to investigate claims of election meddling by China and other countries, in process marred by months of feuding

The Guardian - US

How Biden wants to use G20 summit to prove US is a better partner than China

President Joe Biden hopes to demonstrate to the world at the upcoming Group of 20 summit in India and during a visit to Vietnam that the United States and like-minded allies can be more trustworthy partners than China on economic and security issues

The Independent UK

Indonesia warns against new conflicts as U.S., China, Russia attend ASEAN summit

At East Asia summit, leaders warned against sharpening rivalries. US VP Harris, Chinese Premier Li, Russian FM Lavrov urged to manage differences to avoid a "new Cold War". Leaders' statement omitted mention of South China Sea & Ukraine war. ASEAN chair Widodo: "Responsibility to not create new tensions". UN Sec-Gen…

The Hindu

3 Top Self-Driving Car Stocks That Aren't Tesla

Self-driving autos are gaining traction, and several companies are testing their robotaxi fleets. From one old-school automaker to a specialized AI chip giant, here are three prime stocks to play the autonomous driving industry.

Barchart

At G-20, Japan backs India, not China, as bridge to Global South: Japanese experts

Hiroyuki Akita said that was one of the key issues for Japan in the lead-up to this year’s G-20, so much so that Fumio Kishida had invited Narendra Modi to the May meeting of the G-7 countries in Hiroshima.

The Hindu

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The Independent UK

After summit joined by China, US and Russia, Indonesia's leader calls for resolving conflicts

Indonesia’s president has issued a stark warning after wrapping up a summit of Southeast Asian countries that was joined by China, the United States and Russia

Barchart

Stocks Lower as Weakness in Apple Weighs on Tech Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.45%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.83%. Stock indexes this morning are mostly lower, with the...

The Guardian - AU

Jim Chalmers warns soft landing ‘not assured’ for economy despite Treasury forecasts

Exclusive: Treasurer expects ‘bumpy’ year ahead as Australia feels the squeeze of higher interest rates and China’s slowdown

Zenger

Polestar Vs. Nio: EV Makers To Clash Beyond The Road In Smartphone Battle

Sweden’s Polestar Automotive Holding UK PLC seems to be taking an intriguing leap into the smartphone market.

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news in one place.

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The Times of India

Apple selloff deepens to $194 billion on China iPhone curbs

SAN FRANCISCO: Apple Inc shares tumbled in premarket trading Thursday, on track to wipe out $194 billion of market value in just two days, as China plans to expand a ban on the use of iPhones to government-backed agencies and state companies.

The Independent UK

Biden aims to use G20 summit and Vietnam visit to highlight US as trustworthy alternative to China

The Independent UK

Japan's Kishida says China seafood ban contrasts with wide support for Fukushima water release

Japan’s prime minister says China’s blanket ban on Japanese seafood in reaction to the release of treated radioactive water from a tsunami-ravaged nuclear power plant contrasts starkly with broad understanding shown by many other members of the international community

The Independent UK

Why Chinese TikTok hit is fuelling calls for British Museum to return artefacts

The video has sparked calls for the return of an actual jade teapot showcased in the British Museum, where former chancellor George Osborne sits as chair of the board of trustees

Barchart

Markets Today: Stocks Drop on Apple Weakness and U.S. Labor Market Strength

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.67%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -1.20%, both at 1-week lows. Stock indexes this morning are moderately lower. Apple is down more than -2% in pre-market trading to lead technology stocks lower...

The Guardian - UK

G20: battle for influence as US seeks to rival China in the global south

There will be pressure on rich countries to fulfil a commitment to provide climate finance to poorer nations

Barchart

Stocks Slump Before the Open as Inflation and Interest Rate Worries Return

September S&P 500 futures (ESU23) are down -0.58%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.88% this morning after three major U.S. benchmark indices ended the regular session lower as an unexpected rise in a key U.S. services activity gauge bolstered speculation that the Federal Reserve would have…

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