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The Latest Breaking News from China

Crude Gains as Saudi Arabia Extends its Production Cut

August WTI crude oil (CLQ23) this morning is up +0.55 (+0.78%), and Aug RBOB gasoline (RBQ23) is down -1.39 (-0.55%). This morning, crude oil and gasoline prices are mixed, with crude posting a 1-week high. The main bullish factor for crude prices is today's action by Saudi Arabia to announce...

Barchart

China Retaliates: Restricts Vital Chipmaking Materials Gallium and Germanium

China imposes restrictions of gallium and germanium exports, which may affect semiconductor, solar and LED industries.

Tom’s Hardware

US measure would ban products containing mineral mined with child labor in Congo

New U.S. legislation would ban imported products containing critical green transition minerals mined by child labor in Congo

The Independent UK

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China says it wants more cooperation with Russia’s military

China said it wants closer ties with Russia’s military, a sign Moscow still has Beijing’s support after the aborted Wagner mutiny.

Tribune News Service

Markets Today: Tech Stocks Gain on Strength in Tesla

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.07%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +0.04% at a 2-week high. U.S. stock index futures this morning are mixed. A +6% jump in Tesla in pre-market trading is leading technology stocks higher...

Barchart

3 China Stocks to Buy Before They Rebound

With the lifting of mobility restrictions and a surge in spending on services, the Chinese economy is rebounding. Therefore, this could be the right time to scoop up shares of fundamentally strong China stocks Yum China (YUMC), Vipshop (VIPS), and Hello Group (MOMO). Read on.

StockNews.com

NIO Electric Car Sales Exceeded 10,000 In June 2023

In June, NIO global electric car deliveries amounted to 10,707, which is one of better results this year, but over 17 percent lower than a year ago.

InsideEVs

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The Global South is on the rise – but what exactly is the Global South?

The unwillingness of many leading countries in Africa, Asia and Latin America to stand with NATO over the war in Ukraine has brought to the fore once again the term “Global South.”

The Conversation

US-China talks: can Biden mend ties with Beijing?

The US treasury secretary heads to China this week hoping to lay the groundwork for improved communication and relations between the world’s two largest economies.

The Week

India name 33-member rowing squad for Asian Games

NEW DELHI: India on Monday named a 33-member rowing contingent, including four substitutes, for this year's Asian Games to be held in Hangzhou, China from September 23 to October 8.

The Times of India

Saudi Arabia’s big-spending league seeks to avoid China’s failed gamble

Saudi Arabia’s league is aiming to shake up the existing order with a wealth of high profile signings but China’s Super League failure provides a warning

The Guardian - UK

International Energy Agency warns of higher bills this winter

Fatih Birol says China’s economic recovery combined with harsh winter could pile pressure on gas supplies

The Guardian - UK

Vietnam bans 'Barbie' movie over South China Sea map

HANOI: Vietnam has banned Warner Bros' highly-anticipated film "Barbie" from domestic distribution over a scene featuring a map that shows China's unilaterally claimed territory in the South China Sea, state media reported on Monday.

Bangkok Post

Editorial: How to Lessen the Impact of Systemic Uncertainty on Entrepreneurs

Addressing the concerns of businesspeople would help inject more certainty into an environment in need of the innovation and risk-taking they provide

Caixin Global

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Al Jazeera

China to send navy’s hospital ship on South Pacific voyage

Beijing says ship’s planned tour of five countries is to show that China is a ‘responsible’ country.

The Guardian - UK

Weaker competition blamed for higher petrol and diesel prices; MPs blast ‘measly’ savings rates – as it happened

Government pledges to expose ‘rip-off’ fuel retailers, after inquiry finds declining competition between retailers led to higher prices at the pumps

WEKU

Treasury Secretary Yellen set to travel to Beijing to help ease U.S.-China relations

Yellen, who has called the notion of an economic decoupling from China "disastrous," has frequently said in the past year that she would like to visit China.

Caixin Global

Shanghai Composite Index Rose 1.31% on Monday

Shenzhen Component Index closed up 0.59%

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The Independent UK

AP News Digest 3 am

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan.

The Independent UK

Flooding displaces 10,000 around China as Beijing gets a slight respite from an extreme heat wave

Flooding has displaced thousands of people around China as the capital had a brief respite from a sweltering heat wave

The Independent UK

Putin to meet Xi Jinping and Narendra Modi in first virtual summit since Wagner mutiny

President Vladimir Putin will participate this week in his first multilateral summit since an armed rebellion rattled Russia

The Independent UK

Putin will speak with leaders of China and India in his first summit since the Wagner insurrection

President Vladimir Putin will participate this week in his first multilateral summit since an armed rebellion rattled Russia

Zenger

Janet Yellen To Visit China This Week; US Doesn’t Intend To ‘Decouple’ The Two Economies

US treasury secretary will meet with senior govt officials in Beijing, aiming to ‘work together to address global challenges’.‌

The Hindu

Morning Digest | NCP moves disqualification petition against Ajit Pawar and 8 others, India and China ramp up infra on north bank of Pangong Tso lake, and more

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

Bangkok Post

China makes progress in bullet train development

BEIJING: China has launched performance verification tests on an even faster high-speed train, the country's railway operator said Saturday.

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