China Financial News

OnePlus 12 series is expected to take place in January 2024. However, the specific models anticipated to be part of this upcoming series were not specified by him. There is speculation that OnePlus might also introduce a OnePlus 12R model, succeeding the OnePlus 11R.

Chancellor Jeremy Hunt (pictured) is set to unveil his Autumn Statement later today | Picture by Andrew Parsons / No 10 Downing Street

According to Morningstar Direct, MS INVF China Equity reached a peak in assets under management of £12.2m in January 2021.

Philippines are conducting joint air and maritime patrols in the South China Sea, which come as the two countries step up cooperation in the face of growingly aggressive Chinese activity in the area. The Philippine Air Force said Wednesday its aircraft had taken part in joint patrols on Tuesday in the vicinity of Batanes, the northernmost province of the Philippines, which is only about 200 kilometers (125 miles) from Taiwan, a self-governed island that China claims as its own. The patrols run through Thursday and also include both the U.S. and Philippine navies.

Narendra Modi is set to chair The G20 virtual summit today on November 22, amid growing international concerns due to the Israel-Hamas war and shaky diplomatic relations with Canada. Significantly, Canadian Prime Minister Justin Trudeau has confirmed attendance at the event. This would be Trudeau's first virtual interaction with Modi since the two countries' relationship turned sour.

Infant formula player Bubs Australia is trying to raise $28 million to fund its US market expansion to help meet growing demand for its products from retail shelves and Amazon.

Infant milk products business Bubs Australia is ready to put its boardroom drama behind it and focus on US growth.

There’s nothing like a looming scheme meeting to put the cat among the pigeons.

Chris Ellison’s Mineral Resources will pay just $260 million to complete the acquisition of one of Australia’s few operating lithium mines in Western Australia’s exploration heartland.

G20 Leaders' Summit, as stated by the Chinese Foreign Ministry. Meanwhile, China expressed its hope that the virtual summit will facilitate the gathering of consensus and convey a positive message in this regard.

Singapore's Temasek Holdings warned that scammers are allegedly trying to sell financial investment products or instruments to unsuspecting individuals while posing as agents of the firm's office in Shenzhen, China.

Chinese police say there has been an increase in CBDC-themed money laundering schemes as the digital yuan rollout continues.

Prime Minister Narendra Modi will host the virtual G20 Leaders' Summit on Wednesday evening, marking a significant convergence of global leaders. As reported by ANI, the summit will include the participation of leaders from all G20 member countries, the Chair of the African Union, and representatives from nine guest countries, along with the heads of 11 international organizations—all of whom have been extended invitations to attend.

Carbon-free electricity has never been more plentiful. Wind and solar power have taken off over the past two decades, faster than experts ever expected.

Russia’s pivot to the Global South, Western, South and Central Asia is strategic and long-term. While Moscow’s partnership with New Delhi has deep mental and cultural roots, Russia-China ties does not have dimension of a military alliance, Prof. Alexander Dynkin, President of IMEMO (Russia’s top think tank) & leading economist tells ET’s Dipanjan Roy Chaudhury ahead of Primakov Readings (Russia’s premier foreign policy forum) in Moscow on October 27-28.

Chinese government has expanded its campaign of closing mosques to regions other than Xinjiang, where for years it has been blamed for persecuting Muslim minorities, according to a Human Rights Watch report released Wednesday. Authorities have closed mosques in the northern Ningxia region as well as Gansu province, which are home to large populations of Hui Muslims, as part of a process known officially as «consolidation,» according to the report, which draws on public documents, satellite images and witness testimonies. Local authorities also have been removing architectural features of mosques to make them look more «Chinese,» part of a campaign by the ruling Communist Party to tighten control over religion and reduce the risk of possible challenges to its rule. President Xi Jinping in 2016 called for the «Sinicization» of religions, initiating a crackdown that has largely concentrated on the western region of Xinjiang, home to more than 11 million Uyghurs and other Muslim minorities. A United Nations report last year found China may have committed «crimes against humanity» in Xinjiang, including through its construction of a network of extrajudicial internment camps believed to have held at least 1 million Uyghurs, Huis, Kazakhs and Kyrgyz. Chinese authorities have decommissioned, closed down, demolished or converted mosques for secular use in regions outside Xinjiang as part of a campaign aimed at cracking down on religious expression, according to Human Rights Watch. The Chinese Foreign Ministry did not immediately answer faxed questions seeking comment on the report and its official policies toward Muslim minorities. One of the first known references to «mosque consolidation» appears in an internal party

global smartphone market returned to growth in October after more than two years of slump, helped by a recovery in the emerging markets, according to data from Counterpoint Research. The data showed that global monthly smartphone sell-through volumes grew 5%, making October the first month to record year-on-year growth since June 2021, breaking the streak of 27 consecutive months of negative year-on-year growth.

Binance, the world's largest cryptocurrency exchange Changpeng Zhao, or CZ, as he is fondly known by crypto enthusiasts, has stepped down from his role after pleading guilty to breaking US anti-money laundering laws, as per a Reuters report. Also Read: What is Binance’s connection with terrorist groups like Hamas, Al Qaeda, ISIS, and Palestinian Islamic Jihad? Explained Zhao agreed to a $4.3 billion settlement deal in a Seattle court on November 21, including a personal payout of $50 million, to resolve the matter, the news agency said quoting prosecutors in the case. They added this is among the largest corporate penalties in the United States' history.

BEIJING — U.S. President Joe Biden's meeting with Chinese President Xi Jinping last week has set a bottom line in the relationship which reduces uncertainty for businesses, analysts said.

Investing.com — US stock futures ticked lower during Tuesday's evening deals, extended a negative session for major benchmarks as investors evaluated Nvidia's latest earnings results.

By Chavi Mehta, Max A. Cherney and Stephen Nellis