Soccer star Kylian Mbappé apologizes for comments about Mao Zedong

By: E. Eduardo Castillo · Associated Press

27 October 2026 at 21:02

Kylian Mbappé has apologized for comments referring to Mao Zedong as a dictator. He said his remarks were ill-judged and hurt many people in China and Chinese communities worldwide.

China Steps In to Rescue Stocks, But the Market Continues to Fall

NYT > Top Stories

By: Alexandra Stevenson and Murphy Zhao

27 October 2026 at 17:15

The Communist Party uses a “national team” of state-owned investment funds to stem the market rout. But this time, investors are not sure it will work.

President Xi Jinping of China has convened senior leaders to set the government’s agenda, but the economy is likely to take a back seat to politics.

Chinese markets lose trillions as race for AI supremacy with US takes its toll

World news | The Guardian

By: Amy Hawkins in Beijing

27 October 2026 at 07:42

Lack of profits and the threat posed by western countries are raising concern about the sustainability of Beijing’s AI boom

Trillions of dollars have been wiped from China’s stock markets in recent months amid increasing anxiety about the future of artificial intelligence, as Beijing races against the United States for dominance in the sector.

The STAR 50 Index, which tracks technology and innovation companies on the Shanghai stock exchange, has plunged 40% since June. Other indexes of major companies dropped by about 20% over the same time period.

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