Latest China News

Pacific island leaders agree to enhance Japan's role in the region amid growing China influence

Jul. 18, 2024 07:08 AM EDT

TOKYO (AP) — Leaders of 18 Pacific island nations and areas agreed to an enhanced role of Japan in the region's development while opposing any attempted coercive activity, in a joint declaration adopted at their summit Thursday, as Tokyo seeks greater engagement to counter China's influence. ...

Stock market today: Global shares mostly fall as dive for Big Tech stocks hits Wall St rally

Jul. 18, 2024 05:07 AM EDT

TOKYO (AP) — Global shares were mostly lower Thursday, with Tokyo’s benchmark dipping more than 2%, after Wall Street’s record-breaking rally slammed into a wall of worries over potentially worsening trade tensions with China. France's CAC 40 inched down less than 0.1% in...

Stock market today: Asian shares mostly fall as dive for Big Tech stocks hits Wall St rally

Jul. 18, 2024 00:36 AM EDT

TOKYO (AP) — Asian shares were mostly lower Thursday, with Tokyo’s benchmark dipping more than 2%, after Wall Street’s record-breaking rally slammed into a wall of worries over potentially worsening trade tensions with China. By early afternoon, Japan's Nikkei 225 index was...

A fire kills 16 people at a shopping mall in southwestern China

Jul. 17, 2024 23:30 PM EDT

BEIJING (AP) — A fire at a shopping mall killed 16 people Wednesday in the southwestern Chinese city of Zigong, state media reported. Firefighters and rescuers responded to a fire call shortly after 6 p.m. at the 14-story commercial building, and pulled 75 people to safety,...

How major US stock indexes fared Wednesday, 7/17/2024

Jul. 17, 2024 16:41 PM EDT

Wall Street’s record-breaking rally ran into a wall, as worries about potentially worsening trade tensions with China hit stocks of chip companies. That dragged indexes to their worst day in months on Wednesday, but conditions were less discouraging underneath the surface. ...

German leader to visit Serbia seeking lithium for his country's car industry

Jul. 17, 2024 12:13 PM EDT

BELGRADE, Serbia (AP) — German Chancellor Olaf Scholz will visit Serbia later this week to discuss a tentative deal with the Balkan country for the controversial excavation of lithium, a critical substance in making batteries for electric vehicles, officials from both states confirmed Wednesday....

Self-exiled Chinese billionaire Guo Wengui convicted of defrauding followers after fleeing to US

Jul. 16, 2024 17:31 PM EDT

NEW YORK (AP) — Guo Wengui, a self-exiled Chinese business tycoon whose criticism of the Communist Party won him legions of online followers and powerful friends in the American conservative movement, was convicted by a U.S. jury Tuesday of engaging in a massive multiyear fraud that ripped off...

US renews call on China to stop aggressive actions in disputed sea, where hostilities have flared

Jul. 16, 2024 16:26 PM EDT

MANILA, Philippines (AP) — The United States on Friday renewed its call on China to stop its aggressive actions in the South China Sea, saying a broader web of security alliances has emerged to preserve the rule of law in the disputed waters. Washington’s top diplomat in Manila...

Chinese swimmers will be under scrutiny at the Paris Olympics after positive doping tests revealed

Jul. 16, 2024 11:35 AM EDT

Few athletes will be under as much scrutiny at the Paris Olympics as the swimmers from China. Revelations that nearly two dozen elite Chinese swimmers tested positive for a banned substance ahead of the Tokyo Games — and were allowed to compete with no ramifications — have raised...

IMF's economic view: Brighter outlook for China and India but tepid global growth

Jul. 16, 2024 09:49 AM EDT

WASHINGTON (AP) — The International Monetary Fund on Tuesday upgraded its economic outlook this year for China, India and Europe while modestly lowering expectations for the United States and Japan. But it says worldwide progress against accelerating prices has been slowed by...