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The Latest Breaking News from China

LG Display looks to sell off its last LCD plant in China as it pivots to more profitable OLED panels

As OLED display technology becomes more dominant and profitable, longtime manufacturers are ditching their LCD business assets.

Tom’s Hardware

China’s clean car manufacturers find a European foothold in Hungary

Years of under-investment in electric vehicle technologies and supply chains have left European carmakers struggling to keep up with their Chinese competitors. But even as the EU debates putting up trade barriers against electric vehicles imported from China, Chinese automakers are investing hundreds of millions in setting up their very…

France 24

China's Xi feted in Hungary, the last stop of his European tour

Chinese President Xi Jinping was given military honours as he visited Hungary on Thursday – seeking a "new journey" with his closest European Union ally amid divisions with the West over the Ukraine war and global trade. It’s the final leg of Xi's first visit to Europe in five years,…

Radio France Internationale

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3 China Stocks to Accelerate Your Portfolio Gains

The Chinese economy is showing signs of recovery as its economy grew faster than expectations. Moreover, proactive government measures are expected to stimulate further future economic growth. Amid this backdrop, investors could look to add fundamentally strong Chinese stocks: Trip.com Group (TCOM), HUTCHMED (China) (HCM), and JD.com (JD). Keep reading.

StockNews.com

Hungary rolls out red carpet for Xi in final leg of European tour

Warm welcome for Chinese president contrasts with rest of EU, with up to 18 cooperation agreements expected

The Guardian - UK

Crude Gains on a Weak Dollar and Positive China Trade News

June WTI crude oil (CLM24 ) this morning is up +0.23 (+0.29%), and June RBOB gasoline (RBM24 ) is up +1.43 (+0.56%). Crude oil and gasoline prices this morning are moderately higher. A weaker dollar (DXY00 ) today is bullish for energy prices. Also, better-than-expected Chinese trade news shows strength...

Barchart

Tesla Removes Most Job Posts In North America After ‘Hardcore’ Layoffs

We also discuss Tesla's hiring freeze, the potential ban of Chinese connected cars in the U.S. and Ford rethinking its plan to go all-electric in Europe by 2030.

InsideEVs

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RB: Ricciardo performance in F1 Miami sprint "had been coming"

Ricciardo endured a tough start to the 2024 season, being outperformed by team-mate Yuki Tsunoda in the opening race while struggling to get comfortable aboard the VCARB01. The Australian's difficulties dashed the momentum of him being considered for a 2025 Red Bull seat, but in recent races, he has been…

Autosport

China’s 3rd aircraft carrier Fujian completes 8-day maiden sea trial

China’s third aircraft carrier, Fujian, has successfully completed its 8-day maiden sea trials.

The Hindu

US officials confront China over Volt Typhoon cyberattacks

China has again denied its involvement in Volt Typhoon attacks, claiming it's all a lie to secure more government funding

TechRadar

China launches 4 satellites on 1st flight of new Long March 6C rocket (video)

China launched its first Long March 6C rocket, helping the nation further its goal of launching 100 orbital missions this year.

Space

RB: Ricciardo performance in Miami F1 sprint "had been coming"

Motorsport

China's Dependency On US AI Technology

Explore China's reliance on US AI technology, efforts to develop indigenous capabilities, and the impact on global trade and innovation.

Top News

China-US Trade Tensions Rise, UK Rates Under Scrutiny

Trade tensions between US and China escalate, UK awaits Bank of England interest rate decision, global markets face uncertainty.

Top News

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International Business Times

Nissan Annual Net Profit Nearly Doubles On-year

The Japanese automaker said demand was rising at home as well as in North America, Europe and China, where it has struggled to compete with fast-growing electric vehicle firms backed by Beijing.

International Business Times

Chinese Cities Lift Curbs On Buying Homes As Property Crisis Bites

Two of China's wealthiest cities said Thursday they would lift all restrictions on buying homes, joining a growing list of urban areas rolling back curbs as they look to prop up the faltering property market.

The Guardian - UK

The Struggle for Taiwan by Sulmaan Wasif Khan review – dire straits

How superpower rivalry and diplomatic failures have turned the island into a the world’s riskiest flashpoint

Top News

US Surpasses China As Germany's Leading Trading Partner

The United States surpasses China as Germany's top trading partner, reshaping trade dynamics and fostering potential for enhanced economic collaboration.

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news in one place.

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Top News

Chinese Warships To Visit Cambodia Amid US Concerns

Chinese warships' visit to Cambodia raises US concerns amid regional tensions and power struggle.

The Guardian - AU

Afternoon Update: Labor’s gas plan labelled ‘morally bankrupt’; China accuses Australia of ‘spying’; and Trump’s son’s new role

Strategy argues fossil fuel is an important part of the transition to net zero emissions

Caixin Global

Shanghai Composite Index Rose 0.83% on Thursday

Shenzhen Component Index closed up 1.55%

International Business Times UK

Former Google CEO Says US Is 'Two or Three Years Ahead' Of China in AI For These Reasons

Ex-Google CEO Schmidt says the U.S. leads China in AI by 2-3 years and urges the country to invest for continued dominance in the tech future.

Top News

Country Garden To Pay Onshore Coupons By May 13

Country Garden in China prioritizes onshore coupon payments to ensure financial stability amidst property market concerns.

International Business Times

Chinese City Lifts Curbs On Buying Homes As Property Crisis Bites

One of China's wealthiest cities said Thursday it would lift all restrictions on buying homes, joining a growing list of urban areas rolling back curbs as they look to prop up the faltering property market.

Top News

China's April Exports Rebound, Imports Exceed Expectations

China's exports and imports surged in April, showcasing economic resilience and growth amidst global challenges.

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