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The Latest Breaking News from China

S&P Futures Gain With Focus on U.S. Inflation Data and Big Bank Earnings

March S&P 500 E-Mini futures (ESH25) are trending up +0.16% this morning as investors looked ahead to key U.S. inflation data and earnings reports from some of the biggest U.S. banks.

Barchart

Sri Lanka seeks to navigate China-India rivalry and emerge from its economic crisis

Sri Lanka’s Marxist-leaning President Anura Kumara Dissanayake has held talks with Chinese leader Xi Jinping, one month after visiting India on his first overseas trip since winning election in September

The Independent UK

The Honor Magic 7 Pro arrives in Europe with a Snapdragon 8 Elite chip for £1,100

The Honor Magic 7 Pro is now available for pre-order in Europe, bringing a few tweaks compared to the China variant that launched last year.

Android Central

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'IKEA' Finally Opens In North Korea—But There's A Catch

North Korea flaunts fake IKEA store, defying sanctions. Likely selling counterfeit goods, the store serves as propaganda while exploiting Western brands.

International Business Times UK

Beijing 'Firmly Opposes' US Ban On Smart Cars With Chinese Tech

Beijing on Wednesday said it "firmly opposes" a US move to effectively bar Chinese technology from smart cars in the American market, saying alleged risks to national security were "without any factual basis".

International Business Times

India's navy launches submarine, warships to guard against China's presence in Indian Ocean

India's navy has launched a submarine, a destroyer and a frigate built at a state-run shipyard

The Independent UK

Question on ASEAN stumped Hegseth at Senate hearing. What is it and why is it important?

In a heated Senate confirmation hearing for Pete Hegseth, Sen. Tammy Duckworth grilled the proposed defense secretary over the Association of Southeast Asian Nations, asking him if he could name one member and how many countries were in the bloc

The Independent UK

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TikTok users in US flock to ‘China’s Instagram’, RedNote, ahead of ban

Chinese users of Xiaohongshu welcome influx of Americans, but caution that sensitive topics are off-limits.

Al Jazeera

Asian Equities Mixed As US Inflation, China Data Loom

Asian markets swung Wednesday, continuing their yo-yo start to the year as traders assess the economic outlook with Donald Trump back in the White House, with focus now on the release of key US inflation data.

International Business Times

China's Economy Seen Slowing Further In 2024: AFP Survey

China's economic growth likely fell fractionally short of the government's five percent target last year, according to an AFP survey, as leaders head into 2025 steeling for the second presidency of Donald Trump amid fears of another painful trade standoff.

International Business Times

Renewed US Trade War Threatens China's 'Lifeline'

China might not be able to rely on trade to steer it out of trouble as blistering tariffs being considered by US President-elect Donald Trump threaten an already struggling economy.

International Business Times

European jitters about Trump 2.0 not shared by much of world, poll finds

Exclusive: Findings suggest ‘weakening of west’ as relations become more transactional, say report’s authors

The Guardian - UK

Biden in late push to boost Indo-Pacific ties sends three pacts to Congress

The Biden administration is seeking to shore up ties with countries in the Indo-Pacific in its waning days in office by sending to Congress three key agreements that would cement relations with critical allies and partners in the region, which is increasingly dominated by China

The Independent UK

'Why Can't I Have This?' America's TikTok Refugees Discover China's EVs

InsideEVs

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Fortune

After ‘historic’ investment in chips and data centers, can Malaysia maintain its optimism in the age of Trump 2.0?

"We are no longer satisfied with playing the spectator."

Al Jazeera

Trump announces ‘external revenue service’ to collect foreign tariffs

Trump said on social media that the new department would be created on his first day when he takes office on January 20.

International Business Times UK

UK Industries Brace For £2.5B Blow From Trump's Tariff Threats: Which Sectors Are At Risk?

President Donald Trump's plan to defend the US economy with a wall of tariffs could cost British businesses £2.5 billion per year, analysts have predicted.

Salon

TikTokers flock to Chinese alternative

Xiaohongshu, or RedNote in English, has picked up tens of thousands of TikTok users looking for an alternative

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TechRadar

TikTok's imminent ban is pushing people to Red Note, another Chinese app, and the irony is just too rich

TikTok users are fleeing the platform ahead of an expected ban in the US – and many are heading to the China-owned Red Note.

InsideEVs

'We Need Each Other’: Why China's Zeekr Is Optimistic About The U.S. And Europe

It was standing room only in Mandalay Bay, one of CES’s satellite locations away from the main Las Vegas Convention Center area. I was late, not realizing just how far it was from my hotel, but CES’ takeover of the entire city can make travel daunting. But I should have…

Digital Camera World

TikTok ban deadline could get extended – but rumors suggest the US may be trading one risk for another

With the TikTok ban deadline just days away, new legislation could give the app another 270 days to find a buyer

The Independent UK

US TikTok users flock to Chinese app Xiaohongshu in protest with TikTok ban looming

As the threat of a TikTok ban looms, some U.S. TikTok users are flocking to Chinese social media app Xiaohongshu – making it the top downloaded app in the U.S. The self-described “TikTok refugees” landed on Xiaohongshu as an alternative to TikTok

Evening Standard

What is Rednote/Xiaohongshu? TikTok 'refugees' flock to alternative app as ban looms

The app valued at $17bn has been labelled the ‘Instagram of China’ — but is it safe to use?

LiveScience

China plans to build enormous solar array in space — and it could collect more energy in a year than 'all the oil on Earth'

China has announced plans to build a giant solar power space station, which will be lifted into orbit piece by piece using the nation's brand-new heavy lift rockets.

Evening Standard

Reeves tells MP to ‘get real’ as she defends decisions during Commons grilling

The Chancellor was also criticised for her visit to China, with SNP MP Dave Doogan saying it was ‘beyond parody’.

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