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The Latest Breaking News from China

China Test-Fires ICBM Into Pacific, Raises Regional Tensions

China's recent ICBM test in the Pacific Ocean showcases its military strength and strategic signaling in the region.

Top News

China announces new measures to arrest housing slump and boost growth

Benefits to rise for poorest and local authorities to be given powers to intervene in real estate markets

The Guardian - UK

China redoubles first-aid for its economy with support for banks and workers

China is redoubling its first-aid for the economy, targeting banks, workers and poor families as the ruling Communist Party prepares to mark the 75th anniversary of the founding of the People's Republic

The Independent UK

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The Big Steep: Why Are People Investing in Pu-erh Tea?

Speculators, collectors, stock-like tickers, and a trade in futures are brewing a frenzy over a tea that tastes like “licking honey off a bison”

The Walrus

Stock Market Today: Stocks higher on China aid boost, Micron AI outlook

Stocks hit a fresh record close Thursday with big tech names leading the charge.

The Street

LVMH's Bernard Arnault became richer after China unveiled its stimulus measures

China's stimulus measures boosted shares across the world, including those of luxury companies like LVMH, shoring up Bernard Arnault's wealth.

Fortune

Nasdaq Futures Soar as Micron’s Strong Outlook Boosts Sentiment, U.S. GDP Data and Fed Speak in Focus

December Nasdaq 100 E-Mini futures (NQZ24) are trending up +1.33% this morning as market participants cheered forecast-beating quarterly results and guidance from semiconductor giant Micron, while also awaiting a flurry of U.S. economic data and remarks from Federal Reserve officials.

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White House pledges further $8bn in aid as Zelenskyy visits – as it happened

Ukrainian president says he is grateful for latest funds but it is unclear if he will receive clearance to use US missiles deep into Russia

The Guardian - UK

Celebrated photographer Stephen Shore walks out of his lecture after Chinese audience proves more interested in their phones

Stephen Shore walks out of his lecture in China "You come here to hear a talk and you can’t even pay attention to who you’ve come to listen to."

Digital Camera World

Shanghai Composite Index Rose 3.61% on Thursday

Shenzhen Component Index closed up 4.44%

Caixin Global

French Polynesia says Chinese missile landed 'not far' from its economic zone

French Polynesia said a Chinese intercontinental ballistic missile (ICBM) launched into the Pacific landed near its exclusive economic zone, as Beijing's first such tests in four decades drew a chorus of protests.

Radio France Internationale

No clear winner for Australia in US poll: former envoy

Australian businesses could be hurt no matter who wins the US presidency, with flagged economic policies aimed at China potential threats, a former envoy says.

AAP

Hong Kong welcomes new giant pandas gifted by Beijing, raising hopes for tourism boost

Hong Kong has welcomed a new pair of giant pandas gifted by Beijing, raising hopes for a boost to the city’s tourism

The Independent UK

Japan sends warship through Taiwan Strait for first time

The Sazanami sailed south through the 180-kilometre waterway with ships from Australia and New Zealand.

Al Jazeera

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Top News

Japan's Self Defense Force Patrols Taiwan Strait With Allies

Japan's Self Defense Force patrols Taiwan Strait with SDF destroyer Sazanami, joined by Australia and New Zealand naval ships to send a message to China.

The Guardian - AU

Ukraine war briefing: Report of Russian weapons programme in China ‘deeply concerning’, Nato says

White House says China has responsibility to ensure private companies are not providing lethal military aid to Moscow. What we know on day 946

Fortune

China's Envision Energy seeks its next green breakthrough

Envision Energy joins 51 other companies on Fortune's 2024 Change the World list.

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Crikey

Jim Chalmers travels to China to ‘smooth out’ trade issues

The treasurer is travelling to Beijing to try and get rid of lingering trade tensions from the Morrison era, and Anthony Albanese claims he didn’t ask Treasury to investigate potential changes to negative gearing.

Fortune

Stock market today: Markets come down from China stimulus highs

The market cooled Wednesday after a report that consumer confidence is down, and as investors wait to see what Federal Reserve chair Jerome Powell will say in a Thursday speech.

USA Today Sports Media Group

Petr Yan vs. Deiveson Figueiredo booked to headline UFC Fight Night in Macau

A bantamweight banger between Deiveson Figueiredo and Petr Yan is headed to the UFC's return event in China.

The Independent UK

A zoo in Finland with financial woes is returning giant pandas to China

A zoo in Finland has agreed with Chinese authorities to return two loaned giant pandas to China eight years ahead of schedule because they have become too expensive for the facility to maintain amid declining visitors

AAP

Treasurer's rare trade trip recipe for Chinese success

Jim Chalmers is using a two-day visit to China to boost trade ties, as the foreign minister moves to ease diplomatic tensions.

Al Jazeera

Ukraine urges world not to seek ‘lull’ in Russia’s war instead of peace

Ukrainian president singles out China, Brazil for pushing what he called ‘half-hearted settlement plans’.

InsideEVs

The Denza Z9 GT Is Coming To Europe To Undercut The Porsche Taycan

Denza owner BYD has announced its plan to bring the Z9 GT to Europe, where it will be a cheaper alternative to its main rivals from Porsche or Mercedes.

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