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The Latest Breaking News from China

ASML Shares Dive On Lower Profits, Orders

Shares in Dutch tech giant ASML, which supplies chip-making machines to the semiconductor industry, slumped Wednesday after the firm reported a drop in net profits and orders amid a high-tech trade spat between China and the West.

International Business Times

IMF Says Global Debt Levels Face 'Great Election Year' Risk

The path towards sustainable government debt levels around the world is under threat this year from the sheer number of elections taking place, the IMF said Wednesday in a new report.

International Business Times

Biden Pushes To Triple Tariffs On Chinese Steel, Aluminum

US President Joe Biden is urging a tripling of tariffs on Chinese steel and aluminum as he visits Pittsburgh Wednesday, citing "unfair competition" while seeking to win blue-collar votes in November's election.

International Business Times

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Senate mulls next steps in Mayorkas impeachment; ocean heat is mass bleaching coral

The Senate kicks off the impeachment trial of the Homeland Security secretary. Coral reefs are undergoing a mass bleaching event that could soon be the worst on record.

WEKU

Zhou: China-to-UK move as young karter was "a bit of a shock"

Shanghai native Zhou first raced in Europe in 2010 following success in Chinese karting competitions. He went on to move to English city Sheffield two years later, at the age of 12, to give his career the impetus it needed, but the cultural shift was substantial.

Motorsport

Sauber F1 driver Zhou says early China-to-UK move was "a shock"

Shanghai native Zhou first raced in Europe in 2010 following success in Chinese karting competitions.

Autosport

Is shirtless yoga at sub-zero temperatures recommendable?

Shirtless yoga, breathing exercises at sub-zero temperatures! UN Diplomat's fitness video has impressed netizens. A video of Siddharth Chatterjee, the head of the UN in China, released by PTI on X (formerly Twitter), is going viral. In the video, we see the 60 year old diplomat sitting bare bodied on…

The Times of India

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Japan Inc Expands U.S. Investments Amid Rising China Concerns

Japanese companies are increasing investments in the U.S. to diversify from China amid escalating tensions, focusing on technology and strategic alliances ...

Top News

Volkswagen Partners With Xpeng To Reduce China EV Costs

Volkswagen partners with Xpeng to develop cost-effective electric vehicles for the Chinese market, aiming to enhance competitiveness and sustainability.

Top News

FAW Auto Finance Introduces Zero Down Payment Loan Option

FAW's auto finance unit introduces no down payment loan program to make car ownership more accessible in China.

Top News

President Biden To Increase Pressure On Chinese Steel Industry

President Biden advocates for protecting American steel industry through increased tariffs on Chinese steel, emphasizing domestic manufacturing and fair co...

Top News

Investigation: Are there really rising cases of cannibalism in Haiti or is it fake news?

Rumours that cannibalism is common in Haiti circulated in March on social media. FRANCE 24's Observers team looked into these reports and found that several of the videos upon which these rumours seem to be based actually have nothing to do with Haiti – even though several real instances of…

France 24

Biden tells Pittsburgh steelworkers he wants to hike tariffs on Chinese steel

The White House says China uses subsidies and government programs to undercut U.S. steel. President Biden wants to hike tariffs on the imports and take other new steps to curb imports.

WEKU

Biden may triple tariffs on Chinese steel and aluminum

He wants to protect the shipbuilding industry — and win Pennsylvania.

Axios

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Motor1

The New VW Passat Pro Shows Sedans Still Matter Outside America

It'll be sold in China alongside the similarly sized Magotan.

International Business Times

Australia Unveils New Defence Strategy, With Eye On 'Coercive' China

Australia unveiled its first National Defence Strategy on Wednesday, signalling a new focus on deterring China's "coercive tactics" in a region seen as lurching towards conflict.

International Business Times

EU Must Act Quickly To Catch Up To US, Warns Report Author

Enrico Letta, a former Italian prime minister, has criss-crossed Europe and spent months preparing a report for EU leaders on what the 27-nation bloc needs to do to keep pace with other global economies including China.

Caixin Global

Iran Can Handle Escalating Tensions With Israel, Beijing Says

Chinese foreign minister Wang Yi conveyed the remarks to his Iranian counterpart during a call following the Islamic Republic’s bombardment of Israel over the weekend

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Caixin Global

Shanghai Composite Index Rose 2.14% on Wednesday

Shenzhen Component Index closed up 2.48%

International Business Times

Chinese Athletics Admits 'Problems', Days On From Half-marathon Fiasco

Top News

Apple CEO Tim Cook Considers Manufacturing In Indonesia

Apple CEO Tim Cook expresses interest in manufacturing in Indonesia, aligning with the country's economic growth goals. Indonesia aims to attract investmen...

International Business Times

ASML Profits, Bookings Down Amid China Chip Spat

Dutch tech giant ASML, which supplies chip-making machines to the semiconductor industry, on Wednesday reported a drop in net profits and orders amid a high-tech trade spat between China and the West.

Top News

US Navy Patrol Plane Flies Through Taiwan Strait

US Navy patrol plane's flight through Taiwan Strait raises tensions between US and China, highlighting complex geopolitical dynamics in the region.

Top News

US Official Expresses Concern Over IPR Infringement In China

US official highlights ongoing concerns about intellectual property rights infringement in China and the need for continued vigilance and cooperation to ad...

Top News

Dollar Bulls Make Moves In European Markets

Explore the impact of dollar bulls on global markets, particularly in Europe and China, amidst evolving economic dynamics.

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