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The Latest Breaking News from China

Chinese Apps Including TikTok Hit By Privacy Complaints In Europe

Prominent Austria-based privacy campaign group NOYB (None of Your Business) said it has lodged six complaints against TikTok, AliExpress, SHEIN, Temu, WeChat and Xiaomi -- in its first such action against Chinese companies.

International Business Times

Cartier owner Richemont shines with better-than-expected sales as poor China demand offset by rest of the world

Despite weakness in China, "Richemont has never been stronger," investment firm Vontobel's analyst said.

Fortune

How much is TikTok worth and who could buy it?

The supremely popular TikTok could be banned on Jan. 19 under a federal law that forces the video sharing platform to divest itself from its China-based parent company, ByteDance, or shut down its U.S. operations

The Independent UK

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Stocks Climb Before the Open on Fed Rate Cut Bets, U.S. Economic Data and Earnings on Tap

March S&P 500 E-Mini futures (ESH25) are up +0.31%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.49% this morning, signaling further gains on Wall Street as cooling U.S. core inflation bolstered expectations of Federal Reserve easing this year, while investors awaited a fresh batch of U.S. economic data…

Barchart

Apple Loses Top Spot In China Smartphone Sales To Local Rivals

The California-based tech giant claimed a market share of 15 percent in the world's number two economy, behind Huawei's 16 percent and top-ranking Vivo's 17 percent, according to industry data provider Canalys.

International Business Times

Sea level rise comes for major oil ports

Oil ports on coasts in places like the United States, China and Saudi Arabia will be threatened by sea levels

Salon

Chinese Man Sentenced For Role In Overseas Harassment Campaign

Chinese retiree sentenced to prison in U.S. for pressuring official to return to China, highlighting transnational repression.

Top News

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Trump's Tariff Push Fuels Mexico's Manufacturing Boom, Raising Questions About U.S. Job Promises

Despite Mexico's trade appeal, uncertainty looms as Trump threatens tariffs on its imports to pressure immigration and drug enforcement.

Latin Times

Sri Lanka Signs Landmark $3.7 Bn Deal With Chinese State Oil Giant

Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec, officials said on Thursday.

International Business Times

UK economy could be especially at risk from Trump’s tariff war, says minister

Trade secretary says UK’s ‘globally oriented’ economy means it is vulnerable – but it is better positioned than China and EU

The Guardian - UK

What is ASEAN and why are Asian countries like Japan and South Korea not part of it?

The bloc has a GDP of around $4.2 trillion and came up during a U.S. Senate hearing on Wednesday.

Fortune

Taiwan's TSMC Says Net Profit Rose 57% In Fourth Quarter

Taiwanese chipmaking giant TSMC on Thursday announced a better-than-expected net profit for the fourth quarter as it benefits from booming demand for AI technology.

International Business Times

Chinese Give Guarded Welcome To Spending Subsidies

Beijing is hoping subsidies for rice cookers, microwave ovens and smartphones can boost sluggish spending and help the country weather an economic storm from incoming US president Donald Trump.

International Business Times

‘Key to space ambitions’: India succeeds in historic space docking mission

Only the US, Russia and China have previously docked in space. The expertise is critical for advanced missions.

Al Jazeera

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Fortune

Prada defied the China-led luxury slowdown—its CEO is bullish Chinese shoppers will return

Prada Group's revenue has been soaring, thanks to the raging popularity of Miu Miu, the sister label where Miuccia Prada is the creative director.

The Independent UK

Kim Jong Un using nuclear weapons as insurance policy to stay in power, Rubio says

Kim Jong Un has been using the development of North Korea’s nuclear weapons programme as his “insurance policy” to stay in power, Marco Rubio, Donald Trump’s nominee for secretary of state, said.

Top News

Chinese Nationals On Trial For Fentanyl Trafficking In New York

Two Chinese citizens on trial in New York for involvement in illicit fentanyl trade, highlighting challenges in combating drug trafficking from China to th...

The Guardian - AU

See You Again, the hit reality TV series in China helping to destigmatise divorce

The show, which sends couples contemplating divorce away on a weeks-long roadtrip, has struck a chord and ignited debate on relationship norms

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The Conversation

US ‘TikTok refugees’ are fleeing to Chinese app RedNote. It’s a new phase of the digital cold war

Social media giant TikTok is preparing to shut down its app in the United States this Sunday – the day that legislation signed by President Joe Biden last year banning the app takes effect.

The Independent UK

Man gets 2 years in US prison for aiding pushy effort to get ex-official to return to China

A man convicted in the first trial highlighting U.S. claims that China harasses its critics overseas has been sentenced to two years in prison

Top News

Biden Administration Strengthens Indo-Pacific Ties Against Chinese Influence

Biden administration seeks congressional approval for agreements with Thailand, Palau, and Marshall Islands to strengthen ties and counter China's influenc...

Top News

US Treasury Expands Sanctions On Russia And China Entities

U.S. Treasury Department expands sanctions on entities supporting Russia's war efforts in Ukraine, targeting Russian and Chinese companies for circumventin...

TechRadar

Chinese cars are close to a US ban – and that could make EVs a lot more expensive

As part of a crackdown on vehicle software and hardware from China, the Biden Administration has finalized its rules for banning Chinese EVs in the US market.

The Guardian - UK

No 10 accused of having ‘revolving door’ after new Treasury minister embroiled in China row

Emma Reynolds, who replaces Tulip Siddiq, pressed government over foreign influence rules while at lobbyist

Tom’s Guide

Musk, TikTok, and big tech – Donald Trump and data privacy

Donald Trump has returned to the White House and become President of the United States for a second time. But eight years after his last stint, what does this Trump administration mean for the future of data privacy in the US.

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