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The Latest Breaking News from China

US Reaffirms Commitment To Defend Philippines Amid Rising Tensions With China

US reaffirms commitment to defend the Philippines in the South China Sea amidst tensions with China. Focus on upholding international law and peaceful dipl...

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Pakistan Repels Attack On China-Invested Gwadar Port, Kills Militants

Pakistan successfully defends Gwadar port from militants, highlighting security challenges and commitment to safeguarding economic assets.

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Pakistan Thwarts Attack On Gwadar Port, Kills Militants

Pakistan successfully defends Gwadar port from militants, ensuring security for vital China-Pakistan Economic Corridor (CPEC) link.

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US Lawmakers Urge Tariff Increase On Chinese Drones

US lawmakers urge Biden administration to consider raising tariffs on Chinese drones over national security concerns.

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Vietnam's president resigns amid an intense anti-corruption campaign

Vo Van Thuong is the second president to resign in two years, a worrying sign for political stability in Vietnam, a country that plays a key role in the middle of U.S.-China competition, analysts say.

WEKU

Apple CEO Tim Cook is in Shanghai amid hopes a shiny new store will help drive stalled iPhone sales

Apple CEO Tim Cook is in China as a flagship store gets ready to open in Shanghai amid a downturn in iPhone sales.

iMore

Nike Earnings Preview: Is NKE Stock a Buy Ahead of Its Q3 Report?

Nike will release its fiscal Q3 earnings on Thursday, and the stock has been underperforming since it peaked in late 2021. Is NKE stock a buy ahead of its upcoming earnings?

Barchart

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Bitcoin ETF Launches Amid Surge In Inflows And Prices

Explore the impact of Bitcoin ETF launch in China on prices, custody, and investment strategies.

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US Nuclear Fusion Summit Amid Rising China Competition

Experts gather to discuss nuclear fusion advancements in the US amid global competition, emphasizing benefits and collaboration.

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"Modi ki Chinese guarantee": Congress Chief Kharge alleges Centre of putting country's territorial integrity "at risk"

Congress President Mallikarjun Kharge on Wednesday alleged that the Central government led by PM Modi has put the country's territorial integrity and national security "at risk" in dealing with its neighbouring country, China. Read further on Dynamite News:

Dynamite News

China’s Central Bank Adds New Monetary Policy Advisers

People’s Bank of China has updated its 14-member Monetary Policy Committee with four new names, including securities watchdog chief Wu Qing

Caixin Global

‘Slander’: China slams critics of Hong Kong’s new national security law

As legislation prompts global criticism, China accuses UK in particular of having ‘deep-rooted mindset as a coloniser’.

Al Jazeera

Stocks Muted Before the Open as Fed Rate Decision Looms, Micron Earnings on Tap

June S&P 500 E-Mini futures (ESM24) are down -0.07%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.03% this morning as market participants refrained from making big bets ahead of the eagerly awaited Federal Reserve decision that will help shape the outlook for interest rates this year.

Barchart

Chinese Internet Giant Tencent Posts Lowest Annual Profit Since 2019

Chinese internet giant Tencent on Wednesday posted its lowest annual profit since 2019, despite slight improvements recently in China's economy and a more lenient attitude taken by regulators towards the tech sector.

International Business Times

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International Business Times

China Could Turn From An Asset To A Liability For Tesla

Today, the EV pioneer has made some gains in the Chinese market, but it is facing enormous pressure from scores of domestic EV makers. They threaten to turn the company's foray into the Chinese market from an asset to a liability.

International Business Times

Apple CEO In China Ahead Of Shanghai Store Opening

Apple CEO Tim Cook was on a China charm offensive Wednesday ahead of a new flagship Shanghai store opening, weeks after a report suggested the company's sales in the country slumped at the start of 2024.

The Guardian - UK

Gucci owner Kering issues profit warning after China sales slump

Like-for-like sales at luxury goods group down by 10% in first quarter, weighed by nearly 20% fall at Gucci

Top News

US Considers Sanctioning Huawei's Chinese Chip Network

US considers sanctions on Huawei's China-Chips, raising concerns over global tech landscape.

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Al Jazeera

EU firms in China forced to focus on risks over business, lobby group says

More than half of respondents to survey say China’s business landscape has become more political.

Caixin Global

Shanghai Composite Index Rose 0.55% on Wednesday

Shenzhen Component Index closed up 0.21%

The Guardian - AU

Afternoon Update: Trump rounds on Rudd, Wong’s frank China talks, young people less happy

Former US president says Australia’s ambassador to the US ‘won’t be there long’ should Trump win the 2024 presidential race

Top News

China Urges US Neutrality On South China Sea Dispute

China urges US neutrality in South China Sea dispute for peace and stability. Tensions rise over territorial claims.

Top News

China Central Bank Reshuffles Monetary Policy Committee

China's PBOC reshuffles monetary policy committee to enhance effectiveness and address economic challenges.

International Business Times

China Blasts Critics Of New Hong Kong Security Law

China lashed out against critics of Hong Kong's new national security law on Wednesday, accusing the British government of having the "mindset of a coloniser" and condemning the EU's "hypocritical" position.

AAP

Panda delight as top China diplomat bears good news

One of Australia's most popular zoological attractions is sticking around with China set to extend its panda lease program at Adelaide Zoo.

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