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The Latest Breaking News from Larry Hu

China's Economy Likely Grew 5.2% In Q2 Despite Trade War: AFP Poll

China's economy is expected to have expanded more than five percent in the second quarter thanks to strong exports, analysts say, but they warned Donald Trump's trade war could cause a sharp slowdown in the final six months.

International Business Times

Not just Jack Ma: Who’s who at the Monday summit that’s seen as a ‘symbolic’ end to China’s tech crackdown

Huawei’s Ren Zhengfei, BYD’s Wang Chuanfu, and Xiaomi’s Lei Jun were among the leading tech executives who met with Xi Jinping on Monday.

Fortune

China hits back at Trump’s tariffs with an antitrust investigation into Google and a new 15% tax on U.S. coal and gas

Among other measures, China will impose a 15% tariff on imports of U.S. coal and liquefied natural gas.

Fortune

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China's 19.6% youth unemployment rate may pose 'a threat to social stability'

High youth joblessness defies an otherwise improving economy that grew 4.5% last quarter.

Fortune

Rust belt province got old before it got rich, as much of China will

Wang Fengqin suffered from hunger in her youth, when Mao Zedong was running China, so it brings her joy to cook a nice dinner whenever her sons visit her in the rapidly depopulating northeastern village of Wudaogang.

Reuters

China signals easing of COVID-zero approach as cities relax lockdown measures

Cities like Guangzhou, Chongqing and Beijing announced they would relax some COVID measures amid public frustration with lockdowns, isolation and mass testing.

Fortune

The U.S. and China are facing very different COVID winters

Fauci says the U.S. will not see a repeat of last winter’s COVID wave — but surging infections in China leave experts fearing for the viability of its zero COVID policy.

Fortune

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World faces tension with China under Xi Jinping's third term

The world faces the prospect of more tension with China over trade, security and human rights after Xi Jinping awarded himself another five-year term as leader of the ruling Communist Party and called for self-reliance in technology, a stronger military and protection of “core interests” abroad

The Independent UK

The Yangtze River is shrinking as drought disrupts the world's No. 2 economy

The disruption adds to challenges for the ruling Communist Party, which is trying to shore up sagging economic growth.

WEKU

Yangtze shrinks as China's drought disrupts industry

Ships are creeping down the middle of the Yangtze after China’s driest summer in six decades left one of the mightiest rivers barely half its normal width

The Independent UK

China to press on with 'zero Covid', despite economic risks, Xi Jinping says

HONG KONG: Chinese President Xi Jinping has reaffirmed the country's zero-tolerance approach to Covid-19 even though "it might hurt the economy".

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