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The Latest Breaking News from China

China Offers One More Year Visa Waiver for Travelers from 12 Countries

The number of foreign visitors tripled in the first quarter compared to last year as 1.99 million tourists entered China visa-free

Caixin Global

3 China Stocks Ready to Shine Beyond 2024

Thanks to increased consumer spending and a positive growth outlook, the Chinese economy is expanding at a healthy pace. Given this backdrop, we believe three fundamentally sound Chinese stocks, NetEase (NTES), FinVolution (FINV), and Vipshop Holding (VIPS), are poised to shine beyond 2024. Learn more.

StockNews.com

China has launched a secret robot to the far side of the moon, new Chang'e 6 photos reveal

A tiny, previously undisclosed lunar rover has been spotted strapped to the side of China's moon-bound Chang'e 6 lander in newly released pre-launch photos. The true purpose of the rover, which is scheduled to land on the moon's far side, remains a mystery.

LiveScience

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Is Copper Heading for a New Record High?

Copper prices were up over 2% in 2023. In Q1, COMEX copper futures gained 2.99% while the LME forwards moved 3.60% higher. Copper has been off to the races on the upside in early Q2, and it may not be long before the red metal challenges the March 2022 record…

Barchart

Foreign Secretary to visit Bangladesh, talks may feature China

Foreign Secretary Vinay Mohan Kwatra's visit to Bangladesh to discuss China's Teesta project and bilateral relations.

The Hindu

Tesla China-Made EV Sales Decreased 18% In April 2024

In April, Tesla Giga Shanghai's overall wholesale vehicle shipments (local retail sales and exports) noticeably decreased, deepening the year-to-date decline.

InsideEVs

Chinese-made GPU beats performance of 10-year-old integrated AMD graphics — Lingjiu GP201 hits mass production

Another Chinese company, Lingjiu Microelectronics, has entered the GPU space with a valiant effort that isn't impressing anyone yet. However, the company carries the potential to excite eventually, if it can continue to build on this foundation.

Tom’s Hardware

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Serbia prepares warm welcome for Xi in contrast to China-EU tensions

Chinese president hails two countries’ friendship before his arrival, after visiting Pyrenees with Macron

The Guardian - UK

Macron hosts Xi in French Pyrenees to talk Ukraine and ongoing conflict in Gaza

French President Emmanuel Macron hosted Chinese leader Xi Jinping at one of his childhood haunts in the Pyrenees mountains as he put pressure on Beijing not to support Russia's war against Ukraine and to accept fairer trade arrangements.

Radio France Internationale

China reportedly hacks UK Ministry of Defence, personnel data accessed

Data on armed forces personnel reportedly hacked by Chinese attackers.

TechRadar

China angles for Gaza mediation role to expand influence in Middle East

Beijing joins France in urging Israel against Rafah offensive in latest effort to make its diplomatic mark

The Guardian - UK

Xi Jinping appoints senior diplomat Xu Feihong as China’s new envoy to India

Chinese President Xi Jinping appoints Xu Feihong as new Ambassador to India amid frozen relations over Ladakh standoff.

The Hindu

Sri Lanka extends visa-free entry for Indian visitors and others to boost tourism

In a bid to bolster tourist arrivals and facilitate travel between nations, the Sri Lankan government has announced an extension of visa-free entry for visitors from India and select countries until May 31, 2024. This decision, approved by the country’s Cabinet, allows nationals from India, China, Russia, Japan, Malaysia, Thailand,…

The Times of India

Global chip materials market declined in 2023 — China is the only country to experience growth

The global semiconductor materials market contracted to $66.7 billion in 2023.

Tom’s Hardware

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The Guardian - AU

China accuses Australian navy helicopter of flying near airspace in ‘provocative move’

Foreign ministry says Chinese jet pilot took ‘necessary measures at the scene’ after Australia claimed flares were released in front of helicopter

International Business Times

UK Says Defence Ministry Targeted In Cyberattack

A senior British lawmaker said on Tuesday China was probably behind a massive cyberattack on the names and banking details of UK armed forces personnel, prompting a furious denial by Beijing.

International Business Times

China Hospital Attack Leaves Two Dead, 21 Wounded

Two people were dead and 21 wounded after a man went on a stabbing spree at a hospital in southwest China on Tuesday, local officials said.

The Guardian - UK

About 270,000 UK forces records exposed to Chinese hackers

Data at risk includes names, bank details and addresses of current and former force members, government sources suggest

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Barchart

Stock Index Futures Muted Ahead of More Fed Speak, Disney Earnings on Tap

June S&P 500 E-Mini futures (ESM24) are up +0.09%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.02% this morning after three major U.S. benchmark indices ended the regular session higher as recent U.S. jobs data and remarks from Federal Reserve officials buoyed rate-cut hopes while investors awaited further…

Top News

China's CICC Plans Investment Banking Headcount Reduction

CICC, a prominent Chinese investment bank, plans to reduce its investment banking headcount by at least 10% to enhance efficiency and competitiveness in re...

Top News

Tesla's China-Made EV Sales Drop 18% In April

Tesla's China-made EV sales declined in April due to semiconductor shortage, competition, and policy changes. Despite challenges, Tesla remains a key playe...

The Guardian - UK

China’s Xi Jinping to head for Serbia on second day of Europe visit – as it happened

Chinese premier has lunch with Emmanuel Macron before heading to Serbia on his closely watched trip to Europe

Top News

Tesla Executive Reassigned To China As Musk Tightens Control

Tesla executive reassigned to China as Elon Musk consolidates power within the company. Musk focuses on reshaping Tesla's future with emphasis on AI techno...

Top News

Knife Attack At Chinese Hospital Leaves Multiple Casualties

Recent knife attack at a hospital in Yunnan province, China, leaves casualties. Suspect arrested, investigation ongoing.

Evening Standard

Minister insists UK vigilant on cybersecurity after China blamed for hack against armed forces personnel

Initial investigations have not shown any data was taken, but affected personnel are being alerted and given support

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