China Tech Stocks Crash as Global Tech Weakness Spreads to Asia

China Tech Stocks Crash as Global Tech Weakness Spreads to Asia

TLDR Shanghai Composite Index fell 2.5% to 3,834.89 and Shenzhen Component Index dropped 3.4% to 12,538.07, marking their steepest declines since October CSI Artificial Intelligence Index declined 3.5% and CSI Semiconductor Index lost 3.1%, with Hong Kong’s Hang Seng Tech Index hitting a three-month low Shannon Semiconductor dropped 13%, while Foxconn Industrial Internet and Eoptolink…

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China, Russia generals pledge deeper military ties, eye missile defence cooperation

China, Russia generals pledge deeper military ties, eye missile defence cooperation

The Chinese and Russian militaries have pledged to deepen cooperation in sensitive areas including missile defence, following high-level talks in Moscow involving China’s top general. General Zhang Youxia, the first-ranking vice-chairman of China’s Central Military Commission, met with his Russian counterpart Andrei Belousov on Thursday, according to China’s defence ministry announcement. The visit – Zhang’s…

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China shapes the future architecture of the SCO

China shapes the future architecture of the SCO

Editor’s note: Seymur Mammadov, a special commentator for News.Az, is the director of the international expert club EurAsiaAz. The article reflects the author’s personal opinion and does not necessarily represent the views of News.Az. The 24th meeting of the Council of Heads of Government of the Shanghai Cooperation Organization (SCO), held on November 18 in Moscow,…

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US-China Commission flags 10 urgent recommendations for US Congress, warns of expanding Beijing threat matrix

US-China Commission flags 10 urgent recommendations for US Congress, warns of expanding Beijing threat matrix

The US-China Economic and Security Review Commission has flagged ten priority recommendations aimed at countering what it describes as Beijing’s “systematic, persistent, and escalating” challenge to the US national security and global stability. The bipartisan Commission, whose mandate is to assess the security implications of US-China economic relations, unanimously adopted the report and called for…

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How made-in-India iPhones are slowly ‘killing’ China’s iPhone City 
(HT Tech)

How made-in-India iPhones are slowly ‘killing’ China’s iPhone City (HT Tech)

A new report suggests Apple’s growing shift toward manufacturing iPhones in India is beginning to reshape, and in some ways weaken, the dominance of China’s long-standing “iPhone City.” The report, published by Le Monde, highlights how Foxconn’s giant Zhengzhou plant is struggling with shrinking labour numbers, stricter regulations, and a decline in seasonal workers, even…

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