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The Latest Breaking News from China

World Bank Expects Oil Glut To Cause Commodity Price Slump

Global commodity prices should fall to a five-year low next year thanks to a huge oil glut, the World Bank said Tuesday, pointing to oversupply and to flat demand from China.

International Business Times

Several major US telecoms firms hit by Chinese hackers, FBI says

Multiple telecommunications providers have been breached by China, statement says.

TechRadar

On foreign policy, Trump opts for disruption and Harris for engagement − but they share some of the same concerns

According to conventional wisdom, U.S. voters are largely motivated by domestic concerns and especially the economy.

The Conversation

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China confirms arrest of South Korean man on suspicion of espionage

Former Samsung Electronics employee allegedly leaked semiconductor data to his country

The Independent UK

China Launches Next Crew To Orbiting Space Station

China prepares to launch a new crew to its space station, showcasing its advancements in space exploration and commitment to international cooperation.

Top News

Petrol and food prices will fall thanks to oil glut, says World Bank

Downward trend in oil price from higher production, falling demand in China and clean energy to continue

The Guardian - UK

Apple's iPhone Exports From India Surge To $6B, Reducing Dependence On China

Apple has reportedly exported nearly US$6 billion of India-made iPhones, marking an increase of a third in value terms from a year earlier. Apple's iPhone exports from India are expected to exceed about $10 billion in fiscal year 2024.

International Business Times

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ByteDance founder Zhang Yiming tops China's rich list

ByteDance founder Zhang Yiming tops the list of China’s richest people, according to the Hurun Research Institute, although many of them have seen their net worth plunge over the past year

The Independent UK

Luckin Coffee, the buzzy chain that outsells Starbucks in China, reportedly plans a U.S. expansion

Luckin Coffee was booted off the Nasdaq in 2020 after an accounting scandal. It may be on its way back to the U.S.

Fortune

Taiwan Worries About 'Transactionalist' Trump As US Votes

While US arms sales to Taiwan will likely continue whoever wins the presidential election, analysts say there are concerns in Taipei over a re-elected Donald Trump's willingness to defend the island against China.

International Business Times

Apple and Samsung are not going to buy Intel. Please be serious.

Intel isn't going anywhere. The US government will make sure of that.

TechRadar

China's Only Woman Spaceflight Engineer In Crew For 'Dream' Mission

China's only woman spaceflight engineer will be among a crew of three astronauts blasting off on a "dream" mission to the Tiangong space station this week, Beijing announced Tuesday.

International Business Times

Australian investment eyed for Peruvian mining pipeline

Some 50 Peruvian mining projects with a combined potential of tens of billions of dollars are being spruiked to Australian investors amid Chinese dominance.

AAP

China all set to launch new crew to its orbiting space station

China says all systems are ready to launch the next crew to its orbiting space station on the latest mission to make the country a major space power

The Independent UK

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Al Jazeera

US finalises restrictions on AI, semiconductor investments in China

Treasury Department says curbs will ensure US investment does not advance technologies that threaten national security.

International Business Times UK

Who is Jenna Wang: Tim Walz's Ex, Daughter Of Top Chinese Official, Says He Lacks 'Integrity' To Be VP

Jenna Wang, the daughter of a high-ranking Chinese Communist official, recently spoke out about her secret relationship with U.S. VP candidate Tim Walz during his teaching stint in China, revealing feelings of betrayal and heartbreak from their past romance.

Al Jazeera

For Taiwan’s crucial chip industry, Trump and Harris both bring risks

Taiwan’s semiconductor sector is watching US election closely amid geopolitical rivalry between Washington and Beijing.

International Business Times

US Finalizes Curbs On Investing In Chinese Tech

The administration of President Joe Biden has finalized curbs on US investments in sensitive technologies like semiconductors in China that pose a threat to national security, the Treasury Department said Monday.

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InsideEVs

How BYD's Product Offensive Pushed It To The Top

It is no secret that China is a big market for electric cars. More than half of the world's BEVs (Battery Electric Vehicles) are sold there, so it is obvious that this country has the greatest supply.

Top News

Gov. Walz Contrasts Harris' Manufacturing Plan With Trump's China Record

Minnesota Governor Tim Walz contrasts Harris and Trump's approaches to American manufacturing during a speech to union workers in Wisconsin.

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