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The Latest Breaking News from China

What’s the Best 2024 Buy out of These 3 Coal Stocks?

Despite the intensified focus on eco-friendly energy alternatives, the rising demand for coal – facilitated by its affordability and easy transportation and storage capabilities – fortifies its anticipated growth trajectory. Given this scenario, let’s assess the prospects of coal stocks Peabody Energy Corporation (BTU), Hallador Energy (HNRG), and China Shenhua…

StockNews.com

As West condemns Bangladesh election, China and Russia embrace Dhaka

The nation of 170 million people is moving closer to Beijing and Moscow amid tensions with the West, say analysts.

Al Jazeera

Rising Prices Cap India's Thirst For Russian Oil

Indian purchases of Russian crude in defiance of Western pressure over the Ukraine war have fallen to an 11-month low as the price tag on the discounted oil rises, figures show.

International Business Times

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Shanghai Composite Index Fell 0.54% on Wednesday

Shenzhen Component Index closed down 0.55%

Caixin Global

In talks with US, China says it will ‘never compromise’ on Taiwan

Warning in talks between Chinese and US military officials comes days before self-ruled island holds elections.

Al Jazeera

China's Credit Boost: Deflationary Predicament or Economic Solution?

Unraveling the enigmatic relationship between credit expansion and deflation, a deep dive into China's policy dilemma and its potential ramifications.

Top News

How Beijing uses economic coercion to try and sway Taiwan’s elections

From pineapples to petrochemicals, Beijing uses trade to influence opinion, but analysts say it has little impact.

Al Jazeera

US and Chinese military officers resume talks as agreed by Biden and Xi

U.S. and Chinese military officers have resumed talks that were frozen after former House Speaker Nancy Pelosi visited Taiwan in 2022

The Independent UK

US Lawmaker Calls For Probe Of UAE Tech Firm Over China Ties

A key US lawmaker has called on Washington to mull trade curbs on Emirati artificial intelligence firm Group 42 Holdings (G42) over its ties with China, according to a letter released Tuesday.

International Business Times

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InsideEVs

China: Tesla EV Retail Sales And Exports Increased In 2023

Out of 94,139 Tesla MIC Model 3/Model Y wholesale vehicle shipments in December 2023, the vast majority falls on local sales—75,805 (up 81% year-over-year).

Caixin Global

PBOC Added $70 Billion Cheap Credit in 2023 to Fund Housing, Infrastructure

Relaunch of the PSL program suggests Beijing is relying on the policy banks to left China out of deepening property crisis

AnandTech

NVIDIA Launches RTX 5880 ProViz Card: Compliant with Sanctions, Available Globally

NVIDIA has quietly launched its RTX 5880 Ada Generation graphics card that is designed for professional graphics applications. The product is designed to be compliant with the latest U.S. export regulations for China and can be shipped to the People's Republic without restrictions. Meanwhile, it is set to be available…

The Independent UK

Nasa delays Artemis Moon missions

As part of the programme, Nasa had planned to return astronauts to the surface of the Moon in 2025.

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Reason

Biden Considering Higher Tariffs on E.V.s Imported from China, Raising Prices for Americans

Tariffs of 25 percent introduced under Donald Trump have been allowed to remain in place, and Biden may tack on even more to shield American firms from competition.

StockNews.com

3 China Stocks to Add to Your 2024 Portfolio

With projections indicating an optimistic outlook for the Chinese economy this year, three China stocks, Weibo Corp (WB), Leju Holdings (LEJU), and Xunlei Limited (XNET), could be worth adding to your investment portfolio this year. Read more….

International Business Times

Chinese Official Lauds US Cooperation, Walks Back 'Wolf Warrior' Talk

A senior Chinese official said Tuesday that Beijing did not seek to reshape the global order and sought greater US cooperation, in the latest departure from past hawkish rhetoric.

The Conversation

China: Xi's new year's address wasn't a threat against Taiwan – it was a strategic move for legitimacy

In his new year address, Chinese president Xi Jinping claimed that Taiwan would “surely be reunified” with China. Against the backdrop of increased Chinese military posturing in the Taiwan Strait, some western journalists are framing Xi’s remarks as an overt and direct threat against Taiwan. They argue that Xi’s rhetoric…

Barchart

Will President Xi’s Corruption Crackdown Worsen Sentiment Toward Chinese Stocks?

Chinese President Xi Jinping has vowed to deepen an anti-corruption campaign against several sectors of the economy, a move that risks hurting market sentiment, hampering China’s economic recovery, and further driving away foreign investors. On Monday, President Xi singled out the finance, energy, pharmaceutical, and infrastructure sectors and state-owned enterprises...

International Business Times

Between China And The US, Trade Takes A Different Route

Are the US and Chinese economies on the verge of decoupling? On the face of it, there can be no doubt the divergence of the US and Chinese economies is underway; in absolute terms, Chinese imports have not fallen particularly sharply, but regarding market share the decline is significant.

The Independent UK

Global economy will slow for a third straight year in 2024, World Bank predicts

Hobbled by high interest rates, persistent inflation, slumping trade and a diminished China, the global economy will slow for a third consecutive year in 2024

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