Latest China News
Stock market today: Wall Street drifts lower as the Trump trade cools
NEW YORK (AP) — U.S. stocks drifted lower Tuesday as momentum cooled for the torrid “Trump trade” that swept Wall Street following Donald Trump’s presidential victory. The S&P 500 slipped 0.3% a day after setting its latest all-time high. The Dow Jones Industrial Average...
Earth's biggest polluters aren't sending leaders to UN climate talks in a year of weather extremes
BAKU, Azerbaijan (AP) — World leaders converged Tuesday at the United Nations annual climate conference with plenty of big names and powerful countries noticeably absent. Past talks often had the star power of a soccer World Cup. But the meeting just getting underway in Azerbaijan...
Wall Street makes wagers on the likely winners and losers in a second Trump term
NEW YORK (AP) — Wall Street is already making big bets on what take two for a White House led by Donald Trump will mean for the economy. Since Election Day, investors have sent prices zooming for stocks of banks, fossil-fuel producers and other companies expected to benefit from...
Trump has promised to 'save TikTok'. What happens next is less clear
After a tumultuous year filled with anxiety and a legal battle about its future in the U.S., TikTok may have just been thrown a lifeline by the man who was once its biggest foe: Donald Trump. President-elect Trump, who tried to ban the social media platform the last time he was in...
Driver rams his car into crowd in China, killing 35. Police say he was upset about his divorce
ZHUHAI, China (AP) — A man who authorities said was upset over his divorce settlement rammed his car into a crowd of people exercising at a sports complex in southern China, killing 35 and severely injuring dozens of others, police said Tuesday. Police detained the 62-year-old man,...
Chinese e-commerce firms report growth in sales, shoppers for Singles' Day shopping festival
HONG KONG (AP) — China’s e-commerce firms reported an increase in the number of shoppers and a growth in sales for this year’s Singles’ Day shopping festival, although final figures were not publicly revealed. Alibaba, which operates the Taobao and Tmall e-commerce platforms,...
Police in China say 35 people were killed and 43 injured after a driver struck a crowd in the city of Zhuhai
Philippine defense secretary doesn't expect Trump will demand payment for protection
MELBOURNE, Australia (AP) — Philippine Defense Secretary Gilberto Teodoro said Tuesday that he didn't expect President-elect Donald Trump’s next administration would demand that the Philippines pay more for military protection because both allies faced the shared threat of China. ...
A look at the research revealing China's work on prototype nuclear reactor to power aircraft carrier
BANGKOK (AP) — China has built a land-based prototype nuclear reactor for a large surface warship, in the clearest sign yet Beijing is advancing toward producing the country’s first nuclear-powered aircraft carrier, according to a new analysis of satellite imagery and Chinese government...
Trump asks Rep. Mike Waltz, China hawk, to be his national security adviser
WASHINGTON (AP) — President-elect Donald Trump has asked U.S. Rep. Michael Waltz, a retired Army National Guard officer and war veteran, to be his national security adviser, a person familiar with the matter said Monday. The nod came despite simmering concerns on Capitol Hill about...