World News by Wild Rose

UK intelligence agency accuses Chinese institute of funding academic research to boost Beijing’s espionage capability.

Germany is considering blocking a bid by Chinese container giant Cosco Shipping Holdings Co. from buying a majority stake in a small Hamburg-based freight company over security concerns.

Brussels and Berlin are steeling themselves for a make-or-break October with China, as the mood towards Beijing hardens in both capitals. The month ahead could help set the course of the increasingly thorny EU-China relationship for years to come, as Europe gears up to present a slew of new tools for countering Beijing’s trade practices, likely to come in December. Before then, EU trade chief Maros Sefcovic travels to Beijing on October 8 and 9 for crucial meetings with Chinese Commerce Minister...

A nascent recovery in Chinese oil demand has begun to falter, as continued fighting in the Middle East and limited Iranian supply keep crude prices too high for private refiners, prompting some analysts to trim forecasts for the coming months.

For the first time, China’s spending on research and development as a share of gross domestic product has surpassed the average for Organisation for Economic Cooperation and Development (OECD) members – a trend one analyst expects to continue as Beijing seeks to strengthen technological self-reliance amid intensifying global competition. R&D expenditure exceeded 3.92 trillion yuan (US$584.8 billion) in 2025, accounting for 2.8 per cent of GDP, Science and Technology Minister Yin Hejun said at a...

Brazilian iron ore giant Vale SA is considering to raise as much as 3.5 billion yuan ($522 million) in its debut issuance in China’s bond market, according to people familiar with the matter, joining a growing number of issuers diversifying funding sources and looking for cheaper options.

China’s corporate sector remains considerably weaker than it was before the Covid-19 pandemic, but the country is emerging as a key beneficiary of the global artificial intelligence boom thanks to its ample power capacity, according to a Natixis survey of thousands of firms and a separate research report. Profit margins at Chinese firms had stabilised at about 4.5 per cent for the first half of 2026, but remained well below the nearly 9 per cent recorded by their global peers, according to the...

“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)

China’s broadcasting regulator has called for greater support for live-action dramas as the government seeks to steer the booming microdrama industry towards higher-quality production and tighter rights safeguards amid the rapid rise of AI. Artificial intelligence (AI) has created innovation and production possibilities for microdramas, while also posing challenges over content quality and rights protection, according to Wang Xiaoliang from the National Radio and Television...

Chinese lithium futures have shed a quarter of their value this month, pummeled by concerns over flagging demand.

China’s effort to help global investors borrow against their 3.2 trillion yuan ($477 billion) in domestic bond holdings is gaining traction, even as legal friction and low yields limit broader participation.

China’s longstanding two-speed economy is creating ever greater divergence in its financial markets, with stocks and bond yields sinking to more than one-year lows this month while the yuan has powered higher.

China vowed to retaliate if the European Union adopts broad tariffs on Chinese goods modeled on previous US measures, warning that such action could undermine trade negotiations with the bloc.

Chinese President Xi Jinping’s three-day state visit to Washington is over, but China watchers in Congress and the US-China policy community are still parsing a wide range of outcomes, with two more leadership summits expected before the end of the year. The talks between Xi and US President Donald Trump produced a series of joint announcements, including an extension of the US-China trade truce, investment commitments, an agreement to continue an AI dialogue and high-level engagement, as well...

US President Donald Trump discussed AI development with dozens of tech bosses at the White House.  Ahead of his "superintelligence" luncheon, Trump launched a new AI-powered website for government services vowing not to stifle the technology's growth.  He also said he didn't want to work with Chinese President Xi Jinping on AI oversight. Plus, dozens of dogs were rescued from a breeding farm in South Korea as the country prepares for a complete phaseout of the dog meat industry. 

Individuals and firms in China, Pakistan, Turkiye, Iran and Saudi Arabia sanctioned as part of a pressure campaign.

China has launched a rare air force support and training centre in Laos, the Ministry of Defence announced on Tuesday. The China-Laos Joint Support and Training Centre and the China-Laos Friendship Aviation Academy are now in operation at the Ban Keun Airport, aiming to help the Laotian Air Force train its pilots, the ministry said in a statement. The two institutions will be jointly maintained and operated by both sides, the statement said, without providing details on what personnel or...

Wang Xixi still remembers her first experience with Germany’s trains 21 years ago. It left her with a question: how could a railway be so empty, clean and punctual, and still make money? The carriages were bright, the toilets almost spotless and the fittings modern. During four years as a student in Bavaria, travelling on a regional rail pass, she barely remembers a delay. At the time, China’s high-speed railway network was just getting started, while Germany was a major exporter of the...

Nvidia founder and CEO Jensen Huang and AMD chief Lisa Su have joined an influential advisory board at a prestigious Chinese university, placing the two key American AI tech leaders in a high-level forum known for connecting global executives with senior Chinese officials. Huang and Su were among three new members appointed to the advisory board of Tsinghua University’s School of Economics and Management (SEM), alongside Marc Pictet, senior managing partner of Swiss wealth and assets manager...

Shares of Akeso surged after British drug maker AstraZeneca moved to advance the Chinese biotech firm’s flagship cancer drug, while a new deal from US giant Merck further underscored the sector’s global momentum amid easing fears of US curbs. AstraZeneca on Tuesday announced a US$2 billion equity investment in Florida-headquartered Summit Therapeutics, which holds the exclusive rights to develop and commercialise Akeso’s immunotherapy drug ivonescimab outside China. Summit and AstraZeneca would...

China is offering the world’s brightest young scientists generous 15-year research grants for free exploration, as the country accelerates its drive to become a global science powerhouse. Dou Xiankang, director of the National Natural Science Foundation of China (NSFC), the country’s top funder of basic research, told a recent academic forum that the agency was selecting a group of the brightest researchers under 35 for long-term financial backing. Once this group of exceptionally brilliant...

Global investors are turning to China again in search of alternatives to crowded US asset markets, with Pimco seeing Chinese bonds as one of the safest ways to diversify portfolios after sentiment towards the world’s second-largest economy “flipped 180 degrees”. The US-based asset manager, which oversaw more than US$2 trillion in assets by the end of June, had been pointing its clients, particularly those outside the United States, towards Chinese offshore bonds, according to its president,...

China’s top diplomat suggested relations with Japan had deteriorated to a low point unseen in decades, adding pressure on Japanese Prime Minister Sanae Takaichi to amend her Taiwan remarks.

The number of Japanese companies operating in China has fallen nearly 30 per cent since its peak in 2012 and is down 22 per cent over the past two years, according to a survey conducted amid prolonged political tensions between Beijing and Tokyo. As of June, 10,118 Japanese enterprises were identified as having a presence in China, the lowest number since 2010, according to a survey and analysis released on Monday by the corporate credit research and business intelligence firm Teikoku...

China’s top diplomat Wang Yi met Japan’s former foreign minister Takeshi Iwaya, who is leading a 50-member delegation of corporate executives, in Beijing on Monday, marking the highest-ranking Chinese official reception for a Japanese visit in nearly a year. During the talks, Wang warned that bilateral relations were facing a “severe situation” and had “yet to be normalised” ahead of next year’s 55th anniversary of diplomatic ties, according to a readout from the Chinese foreign ministry. “A...

Hong Kong’s media should eliminate falsehoods and expand their global reach, the chief executive has said, urging news workers to serve as “spokespeople” for good stories about mainland China and Hong Kong. Speaking on Tuesday at an event marking the 77th anniversary of the founding of the People’s Republic of China, city leader John Lee Ka-chiu outlined his two expectations for the industry. He first directed media workers to safeguard the truth, dispel falsehoods and exalt the good, invoking a...

Beijing, Sept. 29 (Jiji Press)--Wang Yi, China's top diplomat, urged Japanese Prime Minister Sanae Takaichi to correct her remarks about Taiwan during his meeting in Beijing Monday with former Japanese Foreign Minister Takeshi Iwaya, the Chinese Foreign Ministry said. Japan's leader needs to correct mistaken remarks about the issue of Taiwan as soon as possible, said Wang, foreign minister ...

The US and China need to improve communication, work together more closely and more fully embrace technology to stem risks associated with artificial intelligence, the founder of Nvidia said on Monday. “We should recognise that we’re competitors, and competitors are still able to collaborate,” said Jensen Huang, head of the world’s most valuable company, with a market capitalisation of about US$5.5 trillion. “This is such an important and consequential technology. It has the incredible...

“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)

China’s liquefied natural gas imports are set to decline for a second month as surging prices triggered by the Middle East conflict curb demand.