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The Latest Breaking News from China

Chinese President Xi Jinping to skip G20 summit in Delhi

Chinese President Xi Jinping is going to skip the G20 summit in India on September 9 and 10 and Premier Li Qiang is set to represent China at the conclave, people familiar with the development said.

The Hindu

Modi’s unifying message for the G20 summit looks dated as globalisation falls apart

It is difficult to see what leaders will be able to agree on when they gather for their meeting in New Delhi this week

The Guardian - UK

"Made in Taiwan" is a culinary love note

"You can whip up an entire meal with just a wok, knife, soy sauce and sugar"

Salon

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read the most diverse news in one place.

India will play an important role in trade realignment globally: Former U.S. Assistant Commerce Secretary Arun Kumar

India can play a pivotal role in global manufacturing post-pandemic, says Arun Kumar, former US Assistant Sec. of Commerce. He envisions a world where nations have learnt from the havoc wreaked by centralising manufacturing in China. His new book, The Global Trade Paradigm, explores how to rethink international business.

The Hindu

No decoupling of border issues, normalcy: India’s firm stand amid China’s map excesses ahead of G20

“The Chinese alignment, as was apparent from Chinese statements, was inexplicable on the basis of any geographic principle.” In 1960, Sarvepalli Gopal, a historian who had worked in the external affairs ministry and negotiated boundary issues with the Chinese authorities, reflected on being befuddled during the talks.

Newslaundry

NRAI names teams for Asian Games, Asian Shooting Championship

NEW DELHI: The National Rifle Association of India (NRAI) has announced that a 33-member Indian shooting team will participate in the 19th Asian Games scheduled to begin in Hangzhou, China, on September 23.

The Times of India

As Taiwan's government races to counter China, most people aren't worried about war

Taiwan’s government is racing to counter China, buying nearly $19 billion in military equipment from the U

The Independent UK

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Typhoon Saola makes landfall in southern China after nearly 900,000 people moved to safety

Typhoon Saola has made landfall in southern China after nearly 900,000 people moved to safety and most of Hong Kong and other parts of coastal southern China suspended business, transport and classes

The Independent UK

Crude Sharply Higher on Report Russia Will Extend Its Export Cuts

October WTI crude oil (CLV23 ) Friday closed up +1.92 (+2.30%), and Oct RBOB gasoline (RBV23 ) closed up +2.53 (+0.99%). Crude oil prices Friday closed sharply higher, with crude rising to a 9-1/2 month nearest-futures high. Crude prices extended Thursday's sharp gains on a report that Russia has agreed...

Barchart

China’s economic slowdown, its ripple effect

The news about China’s economic slowdown has caused mixed reactions and so, understanding the causes and the magnitude is essential.

The Hindu

Is a BRICS Currency Explosive for Gold?

Gold is the world’s oldest currency. Central banks, governments, monetary authorities, and supranational institutions own gold as a foreign currency reserve asset. Over the past years, they have increased holdings, even though gold prices have been rising since the turn of this century. The potential for a new currency that…

Barchart

Success of INDIA bloc depends on how well it unravels three illusions about Modi: Rahul Gandhi

Rahul Gandhi: INDIA bloc must unravel 3 illusions about PM Modi to succeed in elections; illusions of corruption-free govt, improved India's standing in world, champion of OBCs. Must expose PM's lip service to OBCs, colluding with China, betraying people of Ladakh.

The Hindu

Divya Deshmukh stays on top, Vantika Agarwal slips

KOLKATA: Divya Deshmukh is growing from strength to strength. Overnight joint leader, the 17-year-old Women’s Grandmaster, established her position on the top as the sole leader in the women’s rapid section of Tata Steel Chess India tournament by winning all the three round matches at the Bhasha Bhawan in the…

The Times of India

Crude Extends Thursday's Rally on Report Russia Will Extend Its Export Cuts

October WTI crude oil (CLV23 ) this morning is up +1.36 (+1.63%), and Oct RBOB gasoline (RBV23 ) is up +3.00 (+1.17%). Crude oil prices this morning are moderately higher, with crude rising to a 9-1/2 month nearest-futures high. Crude prices extended Thursday's sharp gains on a report that Russia...

Barchart

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InsideEVs

Zeekr 001 FR Debuts As 1,265-HP Quad-Motor Rival For Model S Plaid

Zeekr will start customer deliveries of the 001 FR in China in October 2023 and will build only 99 units each month; prices reportedly start at $137,750.

StockNews.com

Alibaba Group Holding (BABA): Buy or Sell September 2023?

Alibaba Group Holding's (BABA) business momentum, strategic reorganization, robust financials, and extended partnerships suggest a favorable outlook for sustained growth. So, should you buy or sell BABA this September? Let’s look at its financial metrics to gauge its prospects….

InsideEVs

2024 Tesla Model 3 Costs More Than Outgoing Model In China, Europe

The facelifted Tesla Model 3 is seeing price increases in most major markets, including China and European countries including Germany, France, and Italy.

Barchart

Markets Today: Stocks Climb as U.S. Payrolls Report May Prompt a Fed Pause

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.52%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +0.54%, both at 4-week highs. Stock indexes this morning are moderately higher and extended overnight gains as bond yields fell after this morning’s monthly U.S. payrolls...

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The Conversation

'I almost lost my will to live': preference for sons is leaving young women in China exploited and abused

China has a gender crisis. The country has a huge surplus of men – around 722 million compared to 690 million women in 2022. This is largely because of sex-selective abortions linked to China’s one-child policy, which ended in 2015.

The Independent UK

US House Foreign Affairs Committee chair calls Russia-China alliance the biggest threat since WWII

The chairman of the U.S. House Foreign Affairs Committee says a partnership between the Russian and Chinese leaders worries him, calling it the biggest threat to Europe and the Pacific since World War II

France 24

In China, artificial intelligence extends its hold on daily life

China's artificial intelligence (AI) market is currently worth €20 billion, but that figure could more than double within two years. Beijing aspires to overtake the US to become the world leader in the sector by 2030. AI technology enables machines to imitate human intelligence to generate texts, images and videos…

Caixin Global

China to Host Third Belt and Road Forum in October

The event marks 10 years since the establishment of the global infrastructure development scheme known as BRI

Fortune

How did Malaysia PM Anwar Ibrahim woo Elon Musk?

In an interview with Fortune, Anwar Ibrahim said his aggressive approach won over Tesla's CEO: “I want to effect change, and I want to do it now.”

Barchart

Stock Index Futures Climb Ahead of Key U.S. Payrolls Data

September S&P 500 futures (ESU23) are up +0.35%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.17% this morning as investors looked ahead to the crucial U.S. nonfarm payrolls report for clues on the outlook for Federal Reserve policy.

The Independent UK

China's new national map has set off a wave of protests. Why?

China has upset many countries in the Asia-Pacific region with the release of a new official map that lays claim to most of the South China Sea, as well as contested parts of India and Russia, and official objections continue to mount

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