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The Latest Breaking News from China

China bans exports of gallium and other key high-tech materials, hitting back at US chip sanctions

China has announced it is banning exports to the United States of gallium, germanium, antimony and other key high-tech materials with potential military applications

The Independent UK

Stock Index Futures Tread Water Ahead of U.S. JOLTs Report and Fed Speak

December S&P 500 E-Mini futures (ESZ24) are up +0.01%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.01% this morning as market participants braced for the latest reading on U.S. job openings while also awaiting comments from Federal Reserve officials.

Barchart

Tesla China Sees Robust Demand In Q4, With Registrations Up 14.2% YoY So Far: Expert Says EV Giant On Track For 'Best Quarter Ever'

Tesla's insurance registrations in China reached 18,600 units for the week ending Dec. 1, indicating robust demand in one of the electric vehicle maker's key markets, according to data shared by industry analysts.

Benzinga

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'Proudly Stingy': Chinese Millennials Embrace Frugality Amid Rising Costs

More Chinese millennials are hopping in on the trend of being frugal about everything including food.

International Business Times

Russia and China exploiting UK’s technology dependence to cause ‘maximum destruction’, GCHQ warns

The NCSC’s annual report shows a threefold increase in the most serious cyber incidents affecting the UK in 2023-24

The Independent UK

China Curbs Exports Of Key Chipmaking Components To US

Beijing said Tuesday it would restrict exports to the United States of some key components in making semiconductors, after Washington announced curbs targeting China's ability to make advanced chips.

International Business Times

The OnePlus 13 is officially going global in January

The OnePlus 13 is only on sale in China at the moment, but that's going to change next month.

TechRadar

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China Lifts Final Bans On Australian Red Meat As Trade Row Nears End

China has fully lifted suspensions on Australian red meat, Canberra said Tuesday, dismantling one of the final barriers in a four-year trade war that hammered US$13 billion of exports.

International Business Times

Biden Kicks Off Two-day Angola Visit

US President Joe Biden is in Angola on Tuesday for the first and only visit to sub-Saharan Africa of his presidency, which is focused on a major infrastructure project that is a counterpoint to China's investments.

International Business Times

US Implements Export Controls On Semiconductors Amid China Tensions

US imposes export controls on semiconductors to curb China's military and tech advancements, sparking tensions.

Top News

US expands list of Chinese technology companies under export controls

The U.S. Commerce Department has expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chips

The Independent UK

China drops final trade blocks as beef back on the menu

Two abattoirs have had Chinese import bans lifted, the final trade restriction to fall after Beijing imposed $20 billion of tariffs against Australia.

AAP

COVID-19 likely came from a lab, US committee finds

Republican-controlled committee says coronavirus likely emerged from a ‘laboratory or research-related accident’.

Al Jazeera

Asian Markets Mixed After US-China Chip Move, Euro Hit By France Woes

Asian traders shifted tentatively Tuesday as they battled to track another record on Wall Street owing to fresh China-US worries, while the euro extended losses on concerns of political and economic upheaval in France.

International Business Times

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International Business Times

Chinese Plus-size Influencer Spreads Body Positivity Through Fashion

Surrounded by racks of colourful dresses and blazers in China's manufacturing hub of Guangzhou, plus-size clothing brand owner and influencer Amanda Yao is on a mission to promote body positivity.

International Business Times

Taiwan's Lai Kicks Off Marshall Islands Visit As China Fumes

Taiwanese President Lai Ching-te arrived in the Marshall Islands on Tuesday, after visiting the United States on the first stop of a Pacific tour that has angered Chinese leaders.

Benzinga

What's Going On With Applied Materials Shares?

Applied Materials shares are trading higher by 4.6% Monday afternoon. The Biden administration announced expanded export controls targeting China's semiconductor industry.

Al Jazeera

A glimpse of future airpower on display at biennial China airshow

The China International Aviation & Aerospace Exhibition in Zhuhai attracts 600,000 visitors and billions in sales.

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The Guardian - AU

Chip war ramps up with new US semiconductor restrictions on China

Biden administration broadens limits on Chinese access to advanced microchip technology, with Donald Trump expected to go even further

The Independent UK

Cyber risk facing UK being ‘widely underestimated’, security chief warns

National Cyber Security Centre chief Richard Horne will warn of the dangers posed by countries including Russia and China as well as online criminals.

Bored Panda

Man Who Pushed His Wife Into Sea For $1.65M Insurance Money Sentenced To Execution

A man in China has been sentenced to the condemned row in China after pushing his wife overboard in an attempt to use her insurance money on prostitutes. The post Man Who Pushed His Wife Into Sea For $1.65M Insurance Money Sentenced To Execution first appeared on Bored Panda.

InsideEVs

BYD Plans On Going The Distance In Europe

BYD’s on everyone's lips now, and that’s a fact. This Chinese automaker once only made poorly-made gas-powered clones of Japanese sedans, pivoted to plug-in vehicles. Now, roughly 15 years later, BYD is one of the largest vehicle brands on the planet. Its plug-in vehicles are a stone’s throw away from…

Barchart

Crude Oil Posts Modest Gains on Signs of Stronger Global Energy Demand

January WTI crude oil (CLF25 ) Monday closed up +0.10 (+0.15%), and January RBOB gasoline (RBF25 ) closed up +0.0184 (+0.97%). Crude oil and gasoline prices Monday posted modest gains on signs of stronger global energy demand after US and Chinese manufacturing activity rose more than expected last month. Also,...

The Independent UK

Thousands cheer Biden's arrival in Angola for his long-promised sub-Saharan Africa visit

President Joe Biden has arrived for his long-awaited first presidential visit to sub-Saharan Africa to the cheers of thousands in Angola

Barchart

The "Yeah, but" Problem: What’s Holding The Grain Markets Back?

Taking a look at the negative mindset permeating grains and what it will take to break us out of the price doldrums.

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