Latest China News

Stock market today: Wall Street rebounds after Hong Kong stocks fall to worst day since 2008

Oct. 08, 2024 15:14 PM EDT

NEW YORK (AP) — U.S. stocks are on the rebound Tuesday as falling oil prices release some of the pressure that built up on the market. The S&P 500 was 0.9% higher in afternoon trading and clawing back nearly all of its loss from the day before. The Dow Jones Industrial Average...

China puts provisional tariffs on European brandy after EU OKs duties on Chinese EVs

Oct. 08, 2024 13:40 PM EDT

BEIJING (AP) — Chinese drinkers may pay more for Remy Martin and other European brandies after the government announced on Tuesday provisional tariffs of 30.6% to 39% on those liquors, four days after a majority of European Union countries approved duties on electric vehicles made in China. ...

PepsiCo lowers revenue forecast on "subdued" sales in US, China and elsewhere

Oct. 08, 2024 10:03 AM EDT

PepsiCo lowered its sales forecast for the year as consumers in the U.S., China and elsewhere continued to pull back on buying its snacks and drinks. The company, based in Purchase, New York, said Tuesday it now expects its organic revenue to increase in the low single-digit range...

Former Taiwan leader Tsai to visit Czech Republic, other European destinations, drawing China's ire

Oct. 08, 2024 08:02 AM EDT

TAIPEI, Taiwan (AP) — Former Taiwan leader Tsai Ing-wen is to visit Czech Republic, and other European destinations, drawing China’s ire. During Tsai's two terms, which ended in May, she came under relentless attack from China for her refusal to concede to Beijing’s demands...

China imposes provisional tariffs of 30.6% to 39% on European brandy after EU approves tariffs on Chinese electric cars

Oct. 08, 2024 03:10 AM EDT
BEIJING (AP) — China imposes provisional tariffs of 30.6% to 39% on European brandy after EU approves tariffs on Chinese electric cars.

China announces more support for economy but holds back on major spending package

Oct. 08, 2024 02:47 AM EDT

HONG KONG (AP) — China’s economic planning agency outlined details of measures aimed at boosting the economy on Tuesday but refrained from major spending initiatives. The piecemeal nature of the plans announced Tuesday appeared to disappoint investors who were hoping for bolder...

Australia and China seek first wins in third round of Asian World Cup qualifying

Oct. 07, 2024 23:20 PM EDT

Australia hosts China in Adelaide on Thursday as both sides seek their first wins in the third round of Asian qualification for the 2026 World Cup. The Socceroos are in fifth place in Group C, with one point in two games, with China in sixth and last after losing both matches. ...

The Latest: New analysis says both Trump and Harris' plans would increase the deficit

Oct. 07, 2024 21:07 PM EDT

No one is likely to be happy with the projected higher deficits laid out in a new analysis of Kamala Harris’ and Donald Trump’s economic plans. The analysis released Monday by the nonpartisan Committee for a Responsible Federal Budget suggests a Harris presidency could increase...

Intelligence officials say US adversaries are targeting congressional races with disinformation

Oct. 07, 2024 19:25 PM EDT

WASHINGTON (AP) — It's not just the presidential election: Foreign governments are targeting House and Senate races around the country in their effort to meddle with American democracy this election year, intelligence officials warned Monday. Russia and China have launched...

A Pakistani separatist group claims bombing that killed 2 Chinese near Karachi airport

Oct. 07, 2024 12:04 PM EDT

KARACHI, Pakistan (AP) — A Pakistani separatist group claimed responsibility for a late-night bombing that targeted a convoy with Chinese nationals outside the country's largest airport, killing two workers from China and wounding eight people, officials and the insurgent group said Monday. ...