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The Latest Breaking News from China

Stocks Muted Before the Open as Fed Rate Decision Looms, Micron Earnings on Tap

June S&P 500 E-Mini futures (ESM24) are down -0.07%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.03% this morning as market participants refrained from making big bets ahead of the eagerly awaited Federal Reserve decision that will help shape the outlook for interest rates this year.

Barchart

Chinese Internet Giant Tencent Posts Lowest Annual Profit Since 2019

Chinese internet giant Tencent on Wednesday posted its lowest annual profit since 2019, despite slight improvements recently in China's economy and a more lenient attitude taken by regulators towards the tech sector.

International Business Times

China Could Turn From An Asset To A Liability For Tesla

Today, the EV pioneer has made some gains in the Chinese market, but it is facing enormous pressure from scores of domestic EV makers. They threaten to turn the company's foray into the Chinese market from an asset to a liability.

International Business Times

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Apple CEO In China Ahead Of Shanghai Store Opening

Apple CEO Tim Cook was on a China charm offensive Wednesday ahead of a new flagship Shanghai store opening, weeks after a report suggested the company's sales in the country slumped at the start of 2024.

International Business Times

Gucci owner Kering issues profit warning after China sales slump

Like-for-like sales at luxury goods group down by 10% in first quarter, weighed by nearly 20% fall at Gucci

The Guardian - UK

US Considers Sanctioning Huawei's Chinese Chip Network

US considers sanctions on Huawei's China-Chips, raising concerns over global tech landscape.

Top News

EU firms in China forced to focus on risks over business, lobby group says

More than half of respondents to survey say China’s business landscape has become more political.

Al Jazeera

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Shanghai Composite Index Rose 0.55% on Wednesday

Shenzhen Component Index closed up 0.21%

Caixin Global

Afternoon Update: Trump rounds on Rudd, Wong’s frank China talks, young people less happy

Former US president says Australia’s ambassador to the US ‘won’t be there long’ should Trump win the 2024 presidential race

The Guardian - AU

China Urges US Neutrality On South China Sea Dispute

China urges US neutrality in South China Sea dispute for peace and stability. Tensions rise over territorial claims.

Top News

China Central Bank Reshuffles Monetary Policy Committee

China's PBOC reshuffles monetary policy committee to enhance effectiveness and address economic challenges.

Top News

China Blasts Critics Of New Hong Kong Security Law

China lashed out against critics of Hong Kong's new national security law on Wednesday, accusing the British government of having the "mindset of a coloniser" and condemning the EU's "hypocritical" position.

International Business Times

Panda delight as top China diplomat bears good news

One of Australia's most popular zoological attractions is sticking around with China set to extend its panda lease program at Adelaide Zoo.

AAP

Kookaburras, Hockeyroos in pre-Olympic Perth send-off

Australia's men's and women's hockey teams will gain valuable pitch time in a Perth farewell series before chasing gold at the Paris Olympics.

AAP

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AAP

Former Kiribati leader rejects Chinese police on island

Former Kiribati president Anote Tong questioned his government's decision to allow uniformed Chinese police to help with law enforcement in the atoll nation.

International Business Times

Australia Hosts China FM, Sees 'Stability' In Ties

China and Australia claimed to have stabilised long-strained relations after talks in Canberra on Wednesday, despite tensions over a high-profile prisoner, trade and China's crackdowns in Hong Kong and elsewhere remaining evident.

The Guardian - AU

Australians ‘shocked’ at death sentence imposed on Yang Hengjun, Penny Wong tells Chinese counterpart

Foreign affairs minister says she raised concerns about China’s human rights record during meeting with Wang Yi, including in Xinjiang, Tibet and Hong Kong

International Business Times

Nvidia Expects No 'Doomsday' In US Vs China Tensions

Nvidia chief Jensen Huang said Tuesday he does not expect a "doomsday scenario" but is readying for the worst over tension between China and the United States.

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The Hindu

Activist calls for border march in Ladakh to mark land lost to China

The Ladakh march would be taken out in the north and south banks of Pangong Tso lake, Demchok, Chushul among others along the Line of Actual Control with China; two dates are shortlisted — March 27 and April 7

WEKU

This senator tells NPR why he's leading a charge against TikTok — and what comes next

The House has voted overwhelmingly to ban TikTok if its Chinese owners don't sell it. So now the future of the wildly popular social media platform is in the hands of the Senate.

The Guardian - AU

Dutton claims PM ‘misrepresented’ earlier comments about Rudd’s performance as US ambassador – as it happened

This blog is now closed.

Top News

US And China Collaborate To Reduce Methane Emissions

US and China collaborate to reduce methane emissions, a crucial step in combating climate change and inspiring global action.

InsideEVs

Apple Couldn't Build The Car Of The Future. But China's Tech Giants Already Have

The Apple Car may have been a failure, but Chinese tech giants are already delivering on the software-centric EV revolution. Why?

AAP

'Frank' China-Australia talks part of ongoing progress

Managing differences and focusing on shared interests will be key as China and Australia work to stabilise their formerly turbulent relationship.

Top News

US Space Force Commander Raises Concerns About China's Lunar Strategy

US Space Force commander raises concerns about China's lunar exploration program and potential threats to US satellites.

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