China marks 75 years of Communist Party rule as economic challenges and security threats linger | The Asahi Shimbun: Breaking News, Japan News and Analysis
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As economic challenges and security threats linger, China marks 75 years of Communist Party rule
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China marks 75 years of Communist Party rule as economic challenges and security threats linger | The Asahi Shimbun: Breaking News, Japan News and Analysis
asahi.com/ajw/articles/15447870
Exclusive: Harris overtakes Trump among suburban voters, Reuters/Ipsos polling shows
reuters.com/world/us/harris-overtakes-trump-among-suburban-voters-reutersipsos-polling-shows-2024-10-10/
Blinken condemns China’s ‘dangerous and unlawful’ moves in South China Sea: Top US diplomat says Beijing has ‘injured people’ and ‘harmed vessels’ of rival ...
aljazeera.com/news/2024/10/11/blinken-condemns-chinas-dangerous-and-unlawful-moves-in-south-china-sea
Quick Glance: Blinken criticizes China's aggressive actions in South China Sea
- Antony Blinken expressed concerns about China's expansionism in the South China Sea, pledging to uphold freedom of navigation.
- He condemned China's dangerous actions that have injured people and harmed vessels from ASEAN nations, undermining peaceful conflict resolution.
- Philippine President Ferdinand Marcos Jr. called for urgency in ASEAN-China negotiations on a code of conduct for the South China Sea.
- Malaysia is expected to push for accelerated talks on the code, while China refuses to recognize a 2016 international arbitration ruling.
US inflation reaches lowest point in 3 years, though some price pressures remain: Inflation in the United States dropped last month to its lowest point since it ...
bostonherald.com/2024/10/10/us-inflation-hits-3-year-low/
China lacks will and way to lead the world: The “China Dream,” President Xi Jinping’s vision to restore China’s great power status, was the underlying theme of ...
asiatimes.com/2024/10/china-lacks-will-and-way-to-lead-the-world/
Quick Glance: William Lai Affirms Taiwan's Independence Stance
- President William Lai has pledged to maintain Taiwan's self-governance and resist annexation by China.
- Speaking during Taiwan's National Day, he emphasized the need to uphold peace in the Taiwan Strait while cooperating with Beijing on climate and security issues.
- Lai made it clear that the Republic of China and the People's Republic of China are not subordinate to each other, highlighting that Taiwan's government was established in 1911, predating the current Chinese regime.
- Despite a more confrontational tone, Lai reiterated that Taiwan is already an independent nation and does not require a formal declaration of independence.
China Investors Expect $283 Billion of New Stimulus This Weekend: China may deploy as much as 2 trillion yuan ($283 billion) in fresh fiscal stimulus as Beijing ...
bloomberg.com/news/articles/2024-10-10/china-investors-expect-283-billion-of-new-stimulus-this-weekend
Emerging Assets Climb With China Stimulus Plans in Focus: Emerging market stocks and currencies rose on Friday ahead of a key briefing from China’s finance ...
bloomberg.com/news/articles/2024-10-11/emerging-assets-climb-with-beijing-s-stimulus-plans-in-focus
Michael Bennet: Trump descends on Aurora with a visceral contempt for immigrants: President Donald Trump invited himself to rally in Aurora, Colorado to demonize ...
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VW, Porsche China Sales Slide as Market Turns to Local EVs: Volkswagen AG’s China sales slid 15% in the third quarter as Germany’s biggest carmaker continued to ...
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Hurricane Milton: Raw Sewage Swirls Into Florida Floodwaters: Storm-racked Floridians dealing with power outages and destroyed homes left in Hurricane Milton’s ...
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Chinese stock outlook: Gains of 50%+ in the next year amid stimulus, CEO says: China's economy has the perfect ingredients to stage a monster stock rally in the ...
markets.businessinsider.com/news/stocks/china-stocks-economy-stimulus-csi-300-hang-seng-index-price-2024-10
China detains iPhone maker workers in 'strange' case: The Taiwanese government suggested the detentions may be a case of "abuse of power" by Chinese police.
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The next American president will be a China hawk: Donald Trump may seek to decouple America’s economy, while Kamala Harris favours more targeted pressure
economist.com/united-states/2024/10/10/the-next-american-president-will-be-a-china-hawk
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Oil Prices Down as Markets Eye Chinese Stimulus and Middle East Tensions: Oil futures closed lower on Friday, October 11, as investors focused on Chinese demand ...
riotimesonline.com/oil-prices-down-as-markets-eye-chinese-stimulus-and-middle-east-tensions/
7 places to get Peking duck on Long Island : There's a number of places to get the classic Chinese dish.
newsday.com/lifestyle/restaurants/peking-duck-chinese-spioddhm
China's 'transnational repression' intimidates critics in Japan: report: HONG KONG -- China's government is intimidating Chinese residents in Japan who are ...
asia.nikkei.com/Politics/China-s-transnational-repression-intimidates-critics-in-Japan-report
The Nippon Steel deal: taking another look: "Countries have no friends – just interests," or so goes the paraphrased version of Lord Palmerston's ...
asiatimes.com/2024/10/the-nippon-steel-deal-taking-another-look/
My hunt for smuggled Aussie lobster in downtown Beijing: After years of purgatory, the humble Australian rock lobster will make a triumphant return to banquets ...
theage.com.au/world/asia/on-the-hunt-for-smuggled-aussie-lobster-in-beijing-20241009-p5kh3f.html
Pressure Rises on India's Growth as China Makes Efforts to Revive Economy: RBI holds interest rates even as growth prospects slide
bloomberg.com/news/newsletters/2024-10-10/pressure-rises-on-india-s-growth-as-china-makes-efforts-to-revive-economy
‘Rain after a long drought’: Property agents get busy as China’s big cities see brisk home sales
thestar.com.my/aseanplus/aseanplus-news/2024/10/10/rain-after-a-long-drought-property-agents-get-busy-as-chinas-big-cities-see-brisk-home-sales
Nitori speeds up store openings in Asia amid China's weak economy: TOKYO -- Japanese furniture retailer Nitori Holdings, by the end of March ...
asia.nikkei.com/Business/Retail/Nitori-speeds-up-store-openings-in-Asia-amid-China-s-weak-economy
Taiwan President Lai vows to resist annexation amid China's growing pressure
wionews.com/world/taiwan-president-lai-vows-to-resist-annexation-amid-chinas-growing-pressure-766370
Indonesia eyes hefty tariffs on China as businesses decry cheap imports: Jakarta is proposing 200 percent tariffs on Chinese goods, citing the United States’ ...
aljazeera.com/economy/2024/10/11/indonesia-eyes-hefty-tariffs-on-china-as-businesses-decry-cheap-imports
Why is pro-China Maldives leader Muizzu seeking to mend India ties?: Mohamed Muizzu embarks on a state visit to India a year after becoming president on ...
aljazeera.com/news/2024/10/10/why-is-pro-china-maldives-leader-muizzu-seeking-to-mend-india-ties
Blinken arrives at Asia summit with firm line on Myanmar, China : US Secretary of State Antony Blinken arrived in Laos on Thursday for the East Asia Summit ...
english.alarabiya.net/News/world/2024/10/10/blinken-arrives-at-asia-summit-with-firm-line-on-myanmar-china-
Exclusive: China's Chery assembles cars in Russian plants vacated by Western rivals
reuters.com/business/autos-transportation/chinas-chery-assembles-cars-russian-plants-vacated-by-western-rivals-2024-10-10/
China Economic Spillovers to Asia Hinge on Property, Nomura Says: China’s spillovers to Asian nations have weakened over the past few years and how Beijing ...
bloomberg.com/news/articles/2024-10-11/china-economic-spillovers-to-asia-hinge-on-property-nomura-says
China’s real intent behind its stimulus inflection: Technology and self-sufficiency matter more than growth and profits
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Faced With Regional Setbacks, India Flexes Its New Economic Muscle: Tapping into a fast-growing economy, Prime Minister Narendra Modi has been offering financial ...
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China's cooling stock market raises pressure for next stimulus round: HONG KONG/SHANGHAI -- The sugar high from China's latest batch of economic stimulus is ...
asia.nikkei.com/Economy/China-s-cooling-stock-market-raises-pressure-for-next-stimulus-round
The Beggar-Thy-Neighbor Test | by Dani Rodrik - Project Syndicate: Dani Rodrik explains how to steer international economic-policy debates toward what really ...
project-syndicate.org/commentary/economic-policy-debate-should-focus-not-on-subsidies-tariffs-but-on-beggar-thy-neighbor-by-dani-rodrik-2024-10
China: Attacks on Japanese citizens stoke security concerns: Japanese nationals have become increasingly jittery over traveling to China after several Japanese ...
dw.com/en/china-attacks-on-japanese-citizens-stoke-security-concerns/a-70456720
Xi’s robocops and driverless cars leaving young people behind: Xi Jinping’s modernisation agenda aims to transform China into a high-tech superpower ...
smh.com.au/world/asia/xi-s-robocops-and-driverless-cars-leaving-young-people-behind-20241007-p5kgi7.html
Philippines’ Marcos Jnr issues strongest call yet against Beijing for South China Sea code
scmp.com/week-asia/politics/article/3282070/philippines-marcos-jnr-issues-strongest-call-yet-against-beijing-south-china-sea-code
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Lobster ban, NZ budget, Whitehaven insurance: Australia Briefing: Happy Friday one and all, wishing you a productive end to the week. But first…Today’s ...
bloomberg.com/news/newsletters/2024-10-10/lobster-ban-nz-budget-whitehaven-insurance-australia-briefing
Australia, China to Resume Lobster Trade by Year’s End, PM Says: Australian Prime Minister Anthony Albanese said China has agreed to lift restrictions on lobster ...
bloomberg.com/news/articles/2024-10-10/australia-china-to-resume-lobster-trade-by-year-s-end-pm-says
Vietnam trip offers Chinese Premier Li Qiang a chance to ease tensions after ‘attack’ on fishermen
scmp.com/news/china/diplomacy/article/3282009/vietnam-trip-offers-chinese-premier-li-qiang-chance-ease-tensions-after-attack-fishermen
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Economics: The trade war between the USA and China can be ended: China's population is shrinking, the economy is stagnating. A good time to settle the trade ...
zeit.de/wirtschaft/2024-10/oekonomie-handelskrieg-usa-china-abkommen-eu
Australia Podcast: BHP, Rio Look Beyond Iron Ore Despite China Stimulus: Shares of Australia’s biggest mining companies have been bouncing back in the past ...
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China-led resolution on women's rights wins broad support at UNHRC: Chen noted that the Fourth World Conference on Women in Beijing adopted the Beijing ...
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Indonesia arrests a suspect wanted by China for running a US$14 billion investment scam
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Tony Alexander: What the OCR cut means for house prices and your mortgage: Housing market likely to benefit from the rate cut but wider economy isn’t out of the ...
oneroof.co.nz/news/tony-alexander-what-the-ocr-cut-means-for-house-prices-and-your-mortgage-46380
An in-depth look at China’s economic crisis, and why inexperience is fuelling the fire
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Russia economy: Ruble hits 12-month low against dollar and yuan: As a key Treasury license is set to expire this month, it could become a lot harder for Russia ...
markets.businessinsider.com/news/currencies/russia-economy-moscow-china-yuan-sanctions-bank-transactions-ruble-dollar-2024-10
Chinese Commies at 75: “No one can stop the wheel of history,” said China’s President, Xi Jinping, on the 75th anniversary of the day when the Chinese Communist ...
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Saudi Arabia will focus on high-spending India, Chinese tourists: Minister : Kingdom wants to create new base of high spending international visitors
gulfnews.com/business/tourism/saudi-arabia-will-focus-on-high-spending-india-chinese-tourists-minister-1.1728538615204
Tomas Machac tops Carlos Alcaraz in Shanghai, setting up semifinal against Jannik Sinner
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Europe's beacon of hope in the crisis: A branch of the company is now insolvent
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Book review: The dragon takes flight in SE Asia - Taipei Times: Bringing Taiwan to the World and the World to Taiwan
taipeitimes.com/News/feat/archives/2024/10/10/2003825051
Stock market today: Asian shares rise after Wall Street rally, and China promises a briefing
apnews.com/article/stock-market-china-rates-fed-inflation-eed540f0a4a8ca2016f9163fd4b34855
Lufthansa subsidiary Eurowings cancels flights: Eurowings is canceling more than 1,000 flights for the summer flight schedule, including the route to ...
deraktionaer.de/artikel/aktien/lufthansa-tochter-eurowings-streicht-fluege-20367993.html
Quick Glance: Eurowings Cuts Flights: Impact on Hamburg
- Eurowings plans to cut over 1000 flights in Hamburg starting in 2025, raising significant concerns in politics and business.
- The airline blames high costs at German airports and criticizes the planned increase in airport fees in Hamburg.
- Hamburg Airport refutes the claims, stating that the fee increase constitutes only a small portion of total costs.
- The CDU and FDP express worries about the impact of flight reductions on Hamburg's competitiveness and tourism.
China plans to hit cognac in response to European tariffs on electric cars: Beijing is going tit-for-tat in the trade war: The Chinese government plans to target ...
lemonde.fr/en/economy/article/2024/10/11/china-plans-to-hit-cognac-in-response-to-european-tariffs-on-electric-cars_6729098_19.html
Marcos: Onus on China to finish South China Sea code talks : 'ASEAN has been waiting for a long time,' says the Philippine President
rappler.com/philippines/marcos-onus-china-finish-code-of-conduct-south-china-sea-talks/
Cameroon bans media discussion on President Biya's health: Cameroonian government says health status of 91-year-old head of state is a national security ...
nation.africa/africa/news/cameroon-bans-media-discussion-on-president-biya-s-health--4790794
Quick Glance: Biya: Death Rumors About Cameroon's President Debunked
- Speculation surrounding the health and absence of 91-year-old President Paul Biya has intensified.
- The government confirmed that Biya is in good health in Geneva, dismissing rumors of his death.
- Biya, who has been in power since 1982, faces pressure to run again next year, while critics call for a generational change in leadership.
- Despite his low-profile leadership style, Biya continues to make crucial political decisions and remains a controversial figure in Cameroon.
‘Cutting leeks’: Beijing sparks a retail stock trading frenzy: Small investors have piled into Chinese equity markets but many have already been burnt by wild ...
ft.com/content/7e7fbf9e-b787-479e-bfcd-f5d9f3908d29
Quick Glance: Obesity Drug Hype: Risks and Expectations
- Concerns arise over a potential bubble in GLP-1 obesity drugs, as Eli Lilly and Novo Nordisk generate high expectations.
- The market for these drugs could reach $200 billion by 2031, yet both companies face intense competition and impending patent expirations.
- Future Medicare price negotiations and uncertainties regarding possible side effects could impact market performance.
- Market participants remain largely optimistic, which may signal risk in volatile markets.
Beijing says Taiwan leader Lai Ching-te’s ‘provocations’ will ‘bring disaster’: China warned on Thursday that "provocations" by Taiwan leader Lai ...
hongkongfp.com/2024/10/11/beijing-says-taiwan-leader-lai-ching-tes-provocations-will-bring-disaster/
Quick Glance: China's Sharp Rebuke of Taiwan's Independence Aspirations
- China condemned Taiwan's leader Lai Ching-te for his independence assertions, accusing him of escalating tensions in the Taiwan Strait.
- In his speech, Lai emphasized his commitment to defending Taiwan's national sovereignty while also underscoring the importance of peace and stability in the region.
- The Chinese government has not ruled out the use of force to enforce its claims over Taiwan, describing the island as an inseparable part of China.
- Beijing is intensifying pressure on Taiwan as military presence and exercises near the island increase.
BofA’s Hartnett Says Buying ‘Any Dips’ as China Mulls Stimulus: Bank of America Corp. strategist Michael Hartnett recommended buying into any weakness in Chinese ...
bloomberg.com/news/articles/2024-10-11/bofa-s-hartnett-says-buying-any-dips-as-china-mulls-stimulus
China's central bank says opens up $70.6b in liquidity to boost market: China's central bank says opens up $70.6b in liquidity to boost market - ...
thejakartapost.com/business/2024/10/10/chinas-central-bank-says-opens-up-706b-in-liquidity-to-boost-market.html
Coco Gauff confirms grip changes in the works with new coach Matt Daly in Wuhan: The 2023 US Open champion revealed plans to make use of one of Daly’s stated ...
tennis.com/news/articles/coco-gauff-confirms-grip-changes-in-the-works-with-new-coach-matt-daly-in-wuhan
China Seizes Initiative at Key Asian Summit Ahead of US Election: A summit in Laos this week was an opportunity for the Biden administration to showcase the ...
bloomberg.com/news/articles/2024-10-11/china-seizes-initiative-at-key-asian-summit-ahead-of-us-election
How to Invest in China: Beijing Stimulus Package Boosts Strained Economy: Beijing’s efforts to boost the world’s second-largest economy sent stocks soaring ...
bloomberg.com/news/articles/2024-10-11/how-to-invest-in-china-beijing-stimulus-package-boosts-strained-economy
China’s Size and Power Set to Define Its Place in Region: Q&A with east Asia expert Richard McGregor of the Lowy Institute
bloomberg.com/news/articles/2024-10-09/china-s-size-and-power-set-to-define-its-place-in-region
Australian wine struggling to re-enter China market despite rise in sales after tariffs lifted
abc.net.au/news/2024-10-12/australian-wine-struggling-to-re-enter-china-market/104448874
Stock Market Today: Dow, S&P Live Updates for October 11: Chinese stocks fell, underperforming their Asian peers as caution grows ahead of a key weekend briefing ...
bloomberg.com/news/articles/2024-10-10/stock-market-today-dow-s-p-live-updates
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Latest Oil Market News and Analysis for Oct. 11: Oil edged lower — while remaining on course for a second weekly gain — as Israel readied plans to retaliate ...
bloomberg.com/news/articles/2024-10-11/latest-oil-market-news-and-analysis-for-oct-11
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Global stocks mixed after Wall Street declines; markets wait for China policy briefing
apnews.com/article/stock-market-china-stimulus-fed-korea-rates-7dfc363b1ff32e71a335571cdf8325fb
WTA Wuhan: Qinwen Zheng secures all-Chinese semi-final: Olympic champion Qinwen Zheng has reached the semi-finals of the WTA Tour 1000 tournament in Wuhan with a ...
tennisnet.com/news/wta-wuhan-qinwen-zheng-fixiert-rein-chinesisches-halbfinale
Stocks trade sideways awaiting China stimulus moves: Global stocks traded sideways on Friday as investors held back from placing more bets ahead of a ...
reuters.com/markets/global-markets-wrapup-1-2024-10-11/
Miner Rio Tinto Makes a Multibillion-Dollar Bet Against China: The mining giant pays a premium for a piece of the lithium market Beijing already dominates.
bloomberg.com/opinion/articles/2024-10-10/miner-rio-tinto-makes-a-multibillion-dollar-bet-against-china
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Quick Glance: Rio Tinto Enhances Lithium Portfolio with Arcadium Acquisition
- Rio Tinto is acquiring US-based Arcadium Lithium for $6.7 billion to enhance its lithium offerings.
- The all-cash deal values Arcadium at $5.85 per share, representing a 90% premium over its current stock price.
- This acquisition is viewed as a strategic move to strengthen Rio Tinto's position in the growing battery metals market amid the green energy transition.
- Arcadium Lithium is a leading global producer with a wide range of lithium chemical products and will benefit from Rio Tinto's resources and expertise.
An ex-judge from mainland China is set to take Macao's top job. What's at stake for the casino hub?
apnews.com/article/macao-election-sam-hou-fai-sole-candidate-c9d1389838ccac00629c32348cbe837d
Asean, Beijing agree to avoid conflict in South China Sea - Anwar: Chinese premier assured this will be handled peacefully, PM says.
malaysiakini.com/news/722342
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China’s behaviour critical to solving escalating tariff rows, says EU chief: China must "adapt its behaviour" to solve an escalating tariff row with ...
punchng.com/chinas-behaviour-critical-to-solving-escalating-tariff-rows-says-eu-chief/
China’s Wild Stocks Cause Déjà Vu for Veteran of Epic Bust: Welcome to Next China. Each week, we take you inside the economic giant that is China ...
bloomberg.com/news/newsletters/2024-10-11/china-s-wild-stocks-cause-deja-vu-for-veteran-of-epic-bust
Asia-Pacific leaders discuss South China Sea, North Korea, Ukraine: Leaders of 18 Asia-Pacific countries began a meeting in Laos on Friday to discuss issues ...
japantoday.com/category/politics/asia-pacific-leaders-meet-to-discuss-ukraine-n.-korea-middle-east
Asian shares set for first weekly loss in five, China stimulus eyed
reuters.com/markets/global-markets-wrapup-1-2024-10-11/
OPINION: Russia and China's Arctic ambitions: A marriage of convenience?: While Russia has established its influence in the Arctic, China also seeks a piece of ...
yenisafak.com/en/news/opinion-russia-and-chinas-arctic-ambitions-a-marriage-of-convenience-3692546
Chinese nationals in Japan testify to harassment by Beijing, report says: One man said Chinese police had used his relatives to try and lure him back to the ...
japantimes.co.jp/news/2024/10/10/japan/japan-chinese-harassment-report/
Chinese Premier Urges Japan PM to Keep Ties Steady Amid Tensions: Chinese Premier Li Qiang urged Japan Prime Minister Shigeru Ishiba to keep bilateral relations ...
bloomberg.com/news/articles/2024-10-10/chinese-premier-urges-japan-pm-to-keep-ties-steady-amid-tensions
‘Cutting leeks’: Beijing sparks a retail stock trading frenzy: Small investors have piled into Chinese equity markets but many have already been burnt by wild ...
ft.com/content/7e7fbf9e-b787-479e-bfcd-f5d9f3908d29
Lufthansa, British Airways and Ryanair are cutting back on their services - | this is what's behind it
deraktionaer.de/artikel/aktien/lufthansa-british-airways-und-ryanair-streichen-angebot-zusammen-das-steckt-dahinter-20367892.html
How Capable Is China’s Military, Really?: The recent submarine incident speaks volumes about the progress of Beijing’s defense modernization.
bloomberg.com/opinion/articles/2024-10-10/how-capable-is-china-s-military-really
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