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The Latest Breaking News from China

China calls for satellite broadband to face real-time censorship

The Chinese government wants to monitor satellite communications, and it could affect SpaceX and Amazon.

TechRadar

China is "the first to train a single generative AI model across multiple data centers" with an innovative mix of "non-sanctioned" GPUs forced by US import blocks on AI tech

Chinese AI data centers are splitting their generative AI workloads across multiple data centers, potentially solving the issue of power limits and working around US-based blocks.

Windows Central

Nvidia Stock Slips As China Tells Companies Not To Buy Its Chips

Nvidia fell Monday, as China reportedly urged companies not to buy its chips.

Investors Business Daily

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Stock Market Today: Middle Kingdom mania, Stellantis disaster, Port strike looms

China's Shanghai index rallied the most in 16 years on Monday.

The Street

China wants to be the global AI leader in personal computing, but businesses is where they want to go large

AI-capable computers are set to account for nearly two-thirds of the Chinese PC market by 2027.

TechRadar

Stellantis becomes second carmaker to issue profit warning in 4 days as China rivalry bites

Once celebrated, CEO Carlos Tavares has to worry about his job amid a dealer revolt and a new successor search by his own board.

Fortune

Trump and Harris have clashing records on clean energy, but the clean power shift is too broad for any president to control

Although Vice President Kamala Harris touts clean energy and Donald Trump makes misleading assertions and false claims about it, neither candidate has set forth a comprehensive energy plan. Even if they do, a gridlocked Congress would be unlikely to pass it.

The Conversation

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Oil Prices Dip Due To Waning Demand In China

Oil prices dip despite Middle East tensions due to weak China demand and oversupply concerns.

Top News

Stocks Set to Open Lower as Investors Await U.S. Jobs Data and Powell Speech

December S&P 500 E-Mini futures (ESZ24) are down -0.29%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.31% this morning as market participants looked ahead to remarks from Federal Reserve Chair Jerome Powell and other Fed officials as well as a fresh batch of U.S. labor market data, with…

Barchart

China leads the net zero transition – here’s what we can learn from its progress in Beijing and Hong Kong

China is winning the clean energy race.

The Conversation

Hong Kong, Shanghai Soar On China Stimulus As Strong Yen Hits Tokyo

Shanghai jumped more than eight percent -- its best day since 2008 -- and Shenzhen more than 10 percent, while Hong Kong briefly leapt around four percent.

Latin Times

Nvidia shares fall and its Chinese rivals soar after Beijing urges AI companies to look elsewhere for chips

China’s move is designed to bolster its local AI chip ecosystem.

Fortune

China’s beleaguered real estate shares jump almost 10% after Beijing makes its ‘strongest housing pledge to date’

Investors gave China's stock markets their best week in years after Beijing promised more stimulus measures to support the economy.

Fortune

EU States Plan Friday Vote On Chinese EV Tariffs

EU member states are expected to vote on whether to slap hefty tariffs on imported electric cars from China on Friday, European diplomats said on Monday.

International Business Times

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Space

China's enormous FAST radio telescope is getting even bigger (video)

China has kicked off of a second phase of construction to enhance the capabilities of FAST, which is already the world's largest single-dish radio telescope.

The Independent UK

Crew of Vietnamese fishing boat injured in an attack in the South China Sea, state media say

Vietnam's state media say a Vietnamese fishing boat was attacked in the South China Sea near the Paracel Islands, which are claimed by both China and Vietnam, and 10 crew members sustained injuries

Barchart

Stocks Set for Muted Open as Investors Await U.S. Jobs Data and Powell Speech

December S&P 500 E-Mini futures (ESZ24) are down -0.08%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.09% this morning as market participants looked ahead to remarks from Federal Reserve Chair Jerome Powell and other Fed officials as well as a fresh batch of U.S. labor market data, with…

Caixin Global

Economists say the new measures won’t be enough to reverse the economic slowdown, calling for strong fiscal action

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Caixin Global

Shanghai Composite Index Rose 8.06% on Monday

Shenzhen Component Index closed up 10.67%

Al Jazeera

US approves $567m in military support for Taiwan

The support is the latest move by Washington to boost the island’s military in the face of rising tensions with China.

The Independent UK

Japan's stocks slump after prime minister election; Shanghai benchmark soars more than 5%

Asian markets have had a wild start to the week, with Tokyo's Nikkei 225 index tumbling nearly 5% while Chinese markets soared on news of fresh stimulus for the faltering economy

The Independent UK

China factory surveys show economy weakening, as Beijing steps up support

Surveys of Chinese factory managers show the economy weakening in recent weeks, as the government ratchets up stimulus

International Business Times

China Megacities Ease Homebuying Rules To Boost Property Market

Three Chinese megacities on Monday eased restrictions on buying homes and Beijing's central bank said it would ask financial institutions to lower mortgage rates, as the country seeks to pull itself out of a housing slump.

The Street

The Buick Envista is America's wake-up call for Chinese cars

TheStreet's automotive writer James Ochoa recently drove the Buick Envista, a car originally made for the Chinese market.

AAP

Australian optimism tempered over Chinese stimulus

Australia has welcomed a major Chinese stimulus as its stalling economy has flow-on effects but the treasurer has warned about being overly optimistic.

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