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The Latest Breaking News from China

Taiwan Commissions New Navy Ships Amid Rising China Threat

Taiwan commissions new navy ships to counter China's rising threat, amid escalating tensions and military activities in the region.

Top News

S&P Futures Tick Higher as Key U.S. Inflation Data Eyed

June S&P 500 E-Mini futures (ESM24) are trending up +0.35% this morning after three major U.S. benchmark indices ended the regular session lower, with investors awaiting the release of the Federal Reserve’s favorite inflation gauge and other economic data due later this week to assess the Fed’s policy path.

Barchart

China's Weakness, Tech War Push Yuan Toward Multi-Year Lows — Where Is It Heading Next?

Tor Langoy, President and CEO at BD Globe Financial, sees the weaker yuan as the result of Beijing's efforts to stimulate exports.

International Business Times

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Russia Faces Payment Challenges From China, UAE, Turkey

Russia faces hurdles in receiving oil payments as China, UAE, and Turkey increase scrutiny amidst Ukraine crisis and sanctions.

Top News

UK Libor trader Tom Hayes loses appeal against rate-rigging conviction – as it happened

The former star UBS and Citigroup trader was convicted of conspiracy to defraud by manipulating financial benchmark and served 5 1/2 years in prison

The Guardian - UK

China To Enhance Currency Swaps And Monetary Cooperation

China's plan to promote currency swaps and strengthen monetary cooperation for global financial stability.

Top News

China Wins WTO Dispute Against Australia Over Steel Tariffs

China prevails in WTO dispute with Australia over steel tariffs, signaling ongoing trade tensions and diplomatic efforts between the two nations.

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Australian foreign influence register ‘focused almost exclusively on China with little success’, committee finds

Parliamentary joint committee on intelligence and security report says scheme set up in 2018 public register has ‘significant flaws’

The Guardian - AU

Country Garden Hires Kroll For Liquidation Analysis

Country Garden engages Kroll for a liquidation analysis to manage debt amidst China's property market challenges.

Top News

China's Profits In Focus As Xi Meets US Business Leaders

President Xi Jinping's discussions with US business leaders and China's profit reports are closely watched for potential implications on global trade dynam...

Top News

China's Industrial Profits Return To Growth

China's industrial profits are rebounding as economic conditions stabilize, driven by government support and sector resilience. Positive signs for China's ...

Top News

President Xi Meets US Executives And Academics In Beijing

President Xi Jinping's meeting with American leaders in Beijing aims to strengthen China-USA relations through dialogue and cooperation.

Top News

WTO rules against Australia on steel products complaint

Australia has lost its case in a World Trade Organisation dispute brought by China on extra taxes, with the ruling finding fault with Canberra's investigations.

AAP

China’s Xi meets foreign business leaders amid jitters over economy

Meeting comes as Beijing seeks to woo foreign investment after a challenging few years for world’s No 2 economy.

Al Jazeera

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TechRadar

New Zealand government claims it also suffered attacks from Chinese hacking groups

New Zealand has also suffered cyberattacks against governmental departments, and has pointed the finger at China

Reason

America's Drone Industry Is Trying To Ban the Competition

Chinese camera drones are the most popular worldwide. American drone manufacturers argue that's a national security threat.

InsideEVs

BYD Celebrates Production Of Its 7 Millionth Plug-In Vehicle

BYD became the world's first automaker to roll out its seven millionth plug-in vehicle, just about four months after it celebrated the six millionth unit.

International Business Times

Seeing US Ties, Vietnam Appeals For 'Market Economy' Status

Vietnam on Tuesday called on the United States to recognize it as a market economy, saying stronger trade ties would benefit Washington in key areas as it seeks to diversify from China.

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AnandTech

Report: China to Pivot from AMD & Intel CPUs To Domestic Chips in Government PCs

China has initiated a policy shift to eliminate American processors from government computers and servers, reports Financial Times. The decision is aimed to gradually eliminate processors from AMD and Intel from system used by China's government agencies, which will mean lower sales for U.S.-based chipmakers and higher sales of China's…

The Guardian - UK

Foreign Office summons senior Chinese diplomat over ‘malicious cyber activity’

Beijing’s chargé d’affaires told that UK government will not tolerate ‘threatening’ cyber-attacks

The Hindu

Sensing China threat, India joins race to mine new sea patch

India applies to explore cobalt-rich AN Seamount in Indian Ocean, amid competition with China and Sri Lanka.

International Business Times

Chinese EV Giant BYD Announces Record Annual Profit For 2023

Chinese battery and automotive giant BYD achieved a record profit in 2023, annual results showed Tuesday, despite fierce competition in the country as demand for electric vehicles grows.

Evening Standard

What is a sanction? UK imposes measures following alleged Chinese cyber attacks

The UK is one of many countries that impose sanctions on people and businesses

Android Central

Signs point to a One UI 6.1 rollout coming this week

One UI 6.1, an update that includes new AI-based features, appears to be rolling out starting this week. It's already confirmed to be available in China starting March 28.

International Business Times

BYD: Chinese Electric Vehicle Giant With Surging Profits

China's BYD posted a record annual profit for 2023 on Tuesday, just months after surpassing Tesla to become the world's leading electric vehicle seller.

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