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China’s stressed and overworked youth skip the tea and reach for coffee
China has overtaken in the U.S. with the most branded coffee shops in the world as young people start drinking coffee to cope with a competitive job market and workplace.NBC News - Top stories - China -
Ericsson Lays Off More Than 200 Employees in China
Ericsson has laid off 240 employees in China, part of a restructuring in the country that will affect one of its largest research hubs globally.The Wall Street Journal - Business - China -
China supporting Russia in massive military expansion, US says
Beijing helping with drone production, space-based capabilities and ballistic missile production. China is helping Russia undertake its biggest military expansion since Soviet times, ramping up sales of machine tools, microelectronics and other ...The Guardian - World - China -
China is courting the next Tesla to save its troubled economy
China urgently needs to secure Western technology and investment to stabilize its economy.The Hill - Politics - China -
China’s booming electric vehicle companies eye U.S. competitors they see as ‘not ready’
Chinese companies are forcing Western automakers to change their approach to electric vehicles if they want to remain competitive in a growing global industry.NBC News - Top stories - China -
China Is Buying Gold, Sending Prices to Record Highs
The global price of gold has reached its highest levels as Chinese investors and consumers, wary of real estate and stocks, buy the metal at a record pace.The New York Times - Top stories - China -
China launches Chang'e 6 lunar probe, revving up space race
China launched its Chang’e 6 lunar probe Friday in a first-of-its-kind mission to bring back samples from the far side of the moon.NBC News - Top stories - China -
China EV Makers Post Higher April Sales Amid Price War
BYD and a host of other Chinese electric-vehicle makers posted higher sales and deliveries in April, offering a sign of rebounding demand amid continuing price wars.The Wall Street Journal - Business - China -
Chinese speculators super-charge gold rally
Huge bullish bets on Shanghai exchanges show growing clout of Asian traders in market for precious metalFinancial Times - Business - China -
China's Securities Regulator Eases Trading Rules With Hong Kong
China’s securities regulator released a series of measures to boost trading with Hong Kong, the country’s latest move to shore up investor confidence after recent stock-market volatility.The Wall Street Journal - Business - China -
US navy flies aircraft through the Taiwan Strait, after US-China defense chiefs talk
The U.S. 7th Fleet says a Navy P-8A Poseidon has flown through the Taiwan StraitABC News - Top stories - China -
Dynamic in South China Sea is changing through growing US and Japan ties, says Philippines president
Ferdinand Marcos Jr says building trilateral ties vital, after the three countries criticise China’s ‘dangerous and aggressive behaviour’ in the region. A cooperation agreement by the Philippines, the United States and Japan will change the ...The Guardian - World - China -
China Has Helped Russia Boost Arms Production, U.S. Says
Beijing’s support is helping Moscow at a critical stage in its war in Ukraine war, officials say.The Wall Street Journal - World - China -
China rally hasn’t been chased by options traders, Bank of America says
The rally in Chinese stocks may have legs because options traders have yet to chase it, say analysts at Bank of America.MarketWatch - Business - China -
Tesla's China Sales Fell in April
Tesla’s sales in China dropped in April, while its Chinese rivals reported higher sales as the country’s electric-vehicle market rebounded from a slow start this year.The Wall Street Journal - Business - China -
McDonald's Supersizes China Bet as Corporate America Pulls Back
The fast-food chain aims to nearly double restaurants in the country after spending $1.8 billion to buy back a bigger stake in the company’s business there.The Wall Street Journal - Business - China -
Xi and Blinken Trade Small Nods Over a Large Gap
The U.S. secretary of state and the Chinese leader struck conciliatory notes in Beijing. But there was no budging on, or hiding, their governments’ core differences.The New York Times - Top stories - China -
Nio’s stock jumps after report of China’s plan to boost EV sales
Shares of Nio Inc., and those of other China-based electric-vehicle makers, powered higher Friday, after a report that China reportedly plans to provide car owners with an incentive to buy EVs.MarketWatch - Business - China -
German spycatchers raise game against China and Russia
Recent arrests only ‘tip of the iceberg’, with hundreds more operatives believed to be ‘up to mischief’ in GermanyFinancial Times - World - China -
China’s economy is finally showing bright spots. Worrying signs remain.
Observers have learned it’s going to take more than a few months of robust numbers to prove a rebound is truly under way.MarketWatch - Business - China -
China's Benchmark Lending Rates Kept Unchanged
China’s benchmark lending rates were kept unchanged, official data showed on Monday, in line with market expectations after key policy rates were held steady amid signs of economic recovery.The Wall Street Journal - World - China -
Apple removes WhatsApp and Threads from China store after order from government: WSJ
The removal from the app store means Chinese mobile users are unable to download and use it via VPNs, which allow users to get around the country’s firewalls.MarketWatch - Business - China -
Extreme tariffs on Chinese imports could hurt the U.S. more than China
Americans already pay more for China-sourced goods.MarketWatch - Business - China -
Morgan Stanley ups China growth forecast after strong exports boost country’s GDP
Morgan Stanley said strong exports and a Beijing led investment push will see China’s economy grow faster than previously expected in 2024MarketWatch - Business - China -
Blizzard PC Titles Will Return To China Under New Deal With NetEase
In 2022, Blizzard declined to renew a partnership with NetEase that brought PC titles to mainland China, resulting in most of Blizzard's games being taken offline in that market. Now, with Microsoft's involvement as Activision-Blizzard's new ...GameSpot - Tech - China -
Carmakers need to be tech-savvy to get an edge in China’s EV market
In-car software is becoming a key differentiatorFinancial Times - Business - China -
Blinken’s Visit to China: What to Know
Secretary of State Antony J. Blinken is in China this week as tensions have risen over trade, security, Russia’s war on Ukraine and the Middle East crisis.The New York Times - World - China -
Chinese hackers preparing to attack critical US infrastructure: FBI
Hackers linked to the Chinese government are waiting for the right moment to “deal a devastating blow” to U.S. critical infrastructure, FBI Director Christopher Wray said Thursday. The Chinese hacking group known as Volt Typhoon has gained access ...The Hill - Politics - China -
Biden's trilateral summit builds on alliances with Japan & Philippines as threat from China looms
NBC News White House Correspondent Monica Alba joins Meet the Press NOW to discuss key takeaways from President Biden's trilateral summit with the leaders or Japan and the Philippines.NBC News - Politics - China -
Bang & Olufsen to Adjust Investments as Europe, China Markets Struggle
Bang & Olufsen will continue to target a larger share of higher margin revenue but it will adjust the timing and size of investments amid challenging market conditions, including in key markets in Europe and China.The Wall Street Journal - Business - China -
China's AI-driven election meddling in Taiwan points to 2024 risks in US
Taiwanese groups on Monday outlined a major disinformation campaign employed by Chinese actors during the island nation’s national elections, which concluded in January and delivered a blow to Beijing with the victory of a pro-U.S. candidate. ...The Hill - Politics - China -
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China's 'unprecedented' space mission blasts off to the far side of the moon to collect samples
China on Friday launched a space probe to collect samples from the far side of the moon as the global space race heats up.CNBC - Business - China -
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Cash is king — for now: China signals it will slow transition to cashless society
With tourists struggling to access the two primary digital payment apps, Alipay and WeChat pay, Beijing has put measures in place to make cash payments easier. For 18 years, Liu Yau-li has been bringing tourists to China. In that time she’s seen ...The Guardian - World - China -
China’s ageing tech workers hit by ‘curse of 35’
Discrimination against older employees particularly apparent in sector where executives openly state preference for youthFinancial Times - Business - China -
Meta Platforms gets billions from China without headaches many U.S. companies face there
Meta Platforms has benefited from an influx of spending from Chinese advertisers. Its earnings report Wednesday will provide a fresh look at the tailwind.CNBC - Business - China -
Lawmakers: China 'killing' US with fentanyl
A pair of lawmakers from different sides of the aisle sounded the alarm over China's role in America's fentanyl crisis, with one calling the drug a "weapon of mass destruction." "I knew that China was the producer [of fentanyl], I've known that ...The Hill - Politics - China -
China's exports tumble 7.5% in March and imports also fall as demand slows
Official customs data show China’s exports contracted in March after growing in the first two months of the yearABC News - World - China -
Make China stop helping Russia's war — the hard way, if necessary
If the international community were to propose removing some Chinese banks from SWIFT due to their involvement with Russian banks, it would send a clear message to all Chinese organizations.The Hill - Politics - China