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The Latest Breaking News from China

On Bodhi Day, Buddhists commemorate Siddhartha Gautama’s enlightenment by lighting lamps to combat darkness

Dec. 8 marks the celebration of Bodhi Day in Japanese Buddhism. Bodhi means enlightenment or awakening in Sanskrit. It commemorates the enlightenment of Siddhartha Gautama, who became the Buddha.

The Conversation

Your next iPhone is likely to be even more expensive thanks to Trump

Economists have estimated that an iPhone 16 for $1,000 may cost $300 more under Trump’s policies

The Independent UK

'Supergiant' gold deposit discovered in China is one of the largest on Earth — and is worth more than $80 billion

Chinese officials have announced the discovery of a massive deposit of high-quality gold ore, potentially worth around $83 billion, which could end up being the largest known deposit of the precious metal anywhere in the world.

LiveScience

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China said to be investigating third defence minister in a row over corruption claims

China claims reports of defence minister being investigated are ‘just shadow chasing’

The Independent UK

Volkswagen and Chinese partner SAIC to sell joint venture plant in west China's Xinjiang

Volkswagen and SAIC Motor say they have agreed to extend their 40-year-old automaking joint venture in China until 2040

The Independent UK

How China plans to put astronauts on the moon by 2030 (video)

China's human spaceflight agency has released a video detailing its plans for a first crewed mission to the moon, including progress on lunar hardware.

Space

One-of-a-kind Leica IIIg sells for US$3.8 million at first ever camera auction held on Chinese soil

The unique camera sold for 45 times its expected value at the OstLicht Camera Auction in Shanghai, China

Digital Camera World

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Jimmy Kimmel reveals Trump’s ‘dumb’ tariffs plan could hit MAGA fans where it hurts

Jimmy Kimmel joked that Trump followers should buy their MAGA merchandise ‘immediately’ to avoid extra costs trickling down from his tariffs

The Independent UK

What are tariffs and why is Trump levying them on Canada, Mexico and China?

Trump is now laying ground for a trade war with the country’s largest trading partners

The Guardian - US

China Is Its Own World And These 50 Pics Prove It

China is a country of striking contrasts. The post China Is Its Own World And These 50 Pics Prove It first appeared on Bored Panda.

Bored Panda

Volkswagen Says To Sell Operations In China's Xinjiang

German car giant Volkswagen said Wednesday it would sell its operations in China's Xinjiang region, where Beijing has been accused of widespread human rights abuses including forced labour.

International Business Times

Chinese Island Plastic Pollution Turned Into Artistic Omens

As storm clouds gathered on a forgotten beach in China's Miaodao islands, artist Fu Junsheng picked his way through piles of plastic waste washed up along the shoreline, looking for inspiration.

International Business Times

After fast start, electric cars need a recharge as range limits, cost leave some drivers skeptical

While sales of electric vehicles surge in China, the spread of more environmentally friendly vehicles is stumbling in the United States and Europe as carmakers and governments struggle to meet years-old promises about affordability and charging stations

The Independent UK

Apple's Premium Phone Reign In China Meets Challenger In Huawei's Mate 70 As New Smartphone Breaks Free From Google's Grip

Huawei announced its Mate 70 series with HarmonyOS Next, marking its full break from Google's Android as it aims to reclaim China's premium smartphone market from Apple.

Benzinga

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International Business Times

Trump Names Trade Envoy, Top Economic Advisor To Fill Policy Team

Donald Trump on Tuesday named Jamieson Greer his trade representative, a key figure in implementing the president-elect's economic agenda, particularly his plans to use tariffs to raise revenue and help bring more manufacturing to US shores.

International Business Times

China Investigates Defence Minister For Corruption: Report

Chinese Defence Minister Dong Jun has been placed under investigation for corruption, a report said Wednesday, the latest official to fall in a sweeping crackdown on graft in the country's military.

International Business Times

Asian Markets Mixed As Traders Eye Fresh Trade Tensions

Asian markets were mixed Wednesday as traders tried to gauge the economic outlook after Donald Trump picked a tough-negotiating hawk as his trade envoy the day after saying he would hit China, Canada and Mexico with hefty tariffs.

Fortune

Trump's victory could make life harder for Hong Kong—and that may be good news for Singapore's banks

Banks like Singapore's OCBC are poised to gain from Chinese investment into Southeast Asia—now potentially supercharged by a new Trump trade war.

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The Guardian - UK

China’s CO2 emissions have peaked or will in 2025, say 44% of experts in survey

Research reflects rising optimism about country’s green transition as it takes leading position on climate action

Barchart

Stocks Settle Higher on Positive Corporate News and Reduced Geopolitical Risks

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.57%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.57%. Stocks on Tuesday settled higher, with the S&P 500 and Dow Jones Industrials posting...

Barchart

Dollar Gains on Trump Tariff Threats

The dollar index (DXY00 ) Tuesday rose by +0.18%. The dollar moved higher Tuesday after President-elect Trump said on his first day in office he would impose an extra 10% tariff on goods from China and a 25% tariff on all products from Canada and Mexico. The dollar also found...

International Business Times

Autos, Food: What Are The Risks From Trump's Tariff Threat?

Fresh US tariffs on Canada and Mexico could raise costs of automobiles and building materials, analysts said Tuesday, after President-elect Donald Trump threatened to erect new trade barriers.

Barchart

Is Gold’s Correction Another Buying Opportunity?

Gold prices corrected after reaching another new record high in October 2024, at over $2,800 per ounce. In post-election trading, gold prices are around $200 lower than the October high. While the correction may continue, the price action since the turn of this century tells us that buying gold on…

International Business Times

Trump Brings Back Government By Social Media

He is not yet in power but President-elect Donald Trump rattled much of the world with an off-hours warning of stiff tariffs on close allies and China -- a loud hint that Trump-style government by social media post is coming back.

The Conversation

Soviet socialist realist art is found in the Asia-Pacific region too. Here are ten classics to look out for

Joseph Stalin was no great lover of the arts, unlike other Communist leaders, but he recognised their power to stir his people’s souls in the pursuit of his political goals.

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