<b>Japan and the Philippines sign landmark defense deal to counter China </b>
Japan and the Philippines sign landmark defense deal to counter China
Japan and Philippines' defense pact signed on Monday seeks to counter China's increasing aggression in the region and create deterrence that goes beyond reliance on the U.S., experts told CNBC. The " ," which comes against the backdrop of t...
2024-08-01 10:58:00
China's inflation numbers miss expectations, rising 0.2% in June
China's inflation numbers miss expectations, rising 0.2% in June
BEIJING — China's consumer price inflation rose by 0.2% in June from a year ago, missing expectations, while producer prices fell in-line with forecasts, data from the on Wednesday showed. China's consumer price index was expected to rise...
2024-08-01 10:57:52
Japan warship sails into China's waters near Taiwan despite warnings
Japan warship sails into China's waters near Taiwan despite warnings
A Japanese maritime self-defense force destroyer entered Chinese territorial waters recently in spite of warnings by Chinese vessels, . The Suzutsuki temporarily ventured into waters off China's eastern province of Zhejiang on July 4,  acc...
2024-08-01 10:57:43
<b>China's robotaxi push sparks concerns about job security for drivers</b>
China's robotaxi push sparks concerns about job security for drivers
BEIJING — China's yearslong effort to develop robotaxis is starting to gain traction with consumers — but it's also rattling taxi drivers worried about losing their jobs as a result of increasing competition. Just as 's Cruise and 's Wa...
2024-08-01 10:57:33
<b>NATO condemns China as a 'decisive enabler' of Russia's war in Ukraine</b>
NATO condemns China as a 'decisive enabler' of Russia's war in Ukraine
In NATO's most serious denunciation of China to date, the military coalition labeled Beijing a "decisive enabler" of Russia in its ongoing war in Ukraine and expressed concerns over its nuclear arsenal and "systemic challenges" to the coali...
2024-08-01 10:57:25
<b>China to hold Third Plenum. Why real estate isn't likely the main focus</b>
China to hold Third Plenum. Why real estate isn't likely the main focus
BEIJING — China's real estate problems may be massive, but analysts expect the upcoming to focus on other areas — such as high local government debt levels and a push for advanced manufacturing. The much-anticipated policy meeting, sche...
2024-08-01 10:57:16
China's imports unexpectedly drop in June, but exports beat forecasts
China's imports unexpectedly drop in June, but exports beat forecasts
BEIJING — China's imports fell in June, missing expectations for slight growth, while exports rose more than expected, showed. China's imports fell by 2.3% in June from a year ago in U.S. dollar terms. That contrasts with a forecast of 2....
2024-08-01 10:57:08
<b>China reports second-quarter GDP growth of 4.7%, missing expectations</b>
China reports second-quarter GDP growth of 4.7%, missing expectations
BEIJING — China's National Bureau of Statistics on Monday said the country's second-quarter missing expectations of a 5.1% growth, according to a Reuters poll. June retail sales also missed estimates, rising 2% compared with the 3.3% grow...
2024-08-01 10:56:50
<b>China's rich shy away from flaunting wealth amid economic uncertainty</b>
China's rich shy away from flaunting wealth amid economic uncertainty
China's rich are growing more cautious about flaunting their wealth as the economy faces headwinds, putting the country's luxury market under pressure. There are emerging signs of so-called "luxury shame" in China, in the face of a challeng...
2024-08-01 10:56:42
<b>Next front in U.S.-China tech battle is underwater internet cables</b>
Next front in U.S.-China tech battle is underwater internet cables
U.S.-Chinese tensions surrounding technology have have sunk to sea lows. Subsea cables hit the headlines earlier this year after four out of 15 critical submarine cables in the Red Sea were cut amid attacks by Yemen's Iran-backed Houthi reb...
2024-08-01 10:56:32
<b>Goldman Sachs on what a second Trump presidency means for China</b>
Goldman Sachs on what a second Trump presidency means for China
BEIJING — If wins the U.S. presidential election, his on Chinese goods could be a "major downside growth risk" to China, according to Goldman Sachs. becoming the next president an assassination attempt on Saturday and selected former crit...
2024-08-01 10:56:23
JD Vance blames U.S. wage losses on China building its middle class
JD Vance blames U.S. wage losses on China building its middle class
BEIJING — U.S. presidential hopeful s new running mate JD Vance stuck to a hard line on China in his first speech since being selected earlier in the week. "Together we will protect the wages of American workers and stop the Chinese Commu...
2024-08-01 10:56:14
Asia chip stocks tumble amid news the U.S. may consider trade curbs
Asia chip stocks tumble amid news the U.S. may consider trade curbs
Chip stocks in Asia tumbled on Thursday following a tech selloff on Wall Street amid reports the U.S. may be considering tighter export restrictions. Shares of — the world's biggest chip supplier — fell as much as 4.3% in Asia trade, be...
2024-08-01 10:56:06
Chinese regulators begin testing GenAI models on socialist values
Chinese regulators begin testing GenAI models on socialist values
AI companies in China are undergoing a government review of their large language models, aimed at ensuring they "embody core socialist values," according to a by the Financial Times. The review is being carried out by the Cyberspace Admini...
2024-08-01 10:55:56
<b>U.S.-China tensions are not a 'new Cold War': Bilahari Kausikan</b>
U.S.-China tensions are not a 'new Cold War': Bilahari Kausikan
While some may characterize tensions between the U.S. and China as a "new Cold War," Bilahari Kausikan, Singapore's former permanent representative to the United Nations, said the term was "misleading" and that the current situation only be...
2024-08-01 10:55:47