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The Latest Breaking News on China

Rupee-dirham deal is bilateral, not about resolving Russia payments issue: UAE Envoy

UAE Ambassador to India Abdulnasser Jamal Alshaali says India-UAE rupee-dirham deal is bilateral, not to de-dollarise global economy. Deal to lower transaction costs, ease path for trade b/w India and UAE. India-UAE trade increased 15% since implementation of Comprehensive Economic Partnership Agreement. UAE committed to supporting India's G20 presidency, wants…

The Hindu

China criticizes the upcoming US visit of Taiwan's 'separatist' presidential front-runner

China has criticized an upcoming stopover in the United States by Taiwan’s vice president and presidential front-runner William Lai as a challenge to its territorial integrity, while Taiwan says it’s merely a transit stop

The Independent UK

China’s Q2 GDP Growth Misses Expectations, Raises Concerns Of Slow Recovery

Chinese economy expands 6.3% YoY in Q2, falling short of economists' estimates, prompting calls for stimulus measures.

Zenger

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China to ‘fill the gap’ in Solomon Islands budget as PM blasts ‘unneighbourly’ Australia and US

Manasseh Sogavare accuses Australia of pulling budget support amid continuing fallout from Honiara’s policing pact with Beijing

The Guardian - AU

City fears of global slowdown mount as China’s rebound falters

Closer to home, inflation woes add to feeling of unease ahead of the latest CPI reading this week

Evening Standard

Solomon Islands leader hits back at criticism of deepening security ties with China

The leader of Solomon Islands is hitting back at criticism of his nation’s deepening security ties with China, saying the United States and Australia have nothing to fear

The Independent UK

In India, G20 finance chiefs set to address global challenges like climate change and rising debt

Finance ministers from the Group of 20 nations meeting in India are set to address critical global economic challenges, including the threat posed by climate change and rising debt among low-income countries

The Independent UK

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Climate envoy John Kerry in Beijing talks as US seeks to raise China relations from historic low

U.S. climate envoy John Kerry is holding talks with his Chinese counterpart in Beijing as the U.S. seeks to restore contacts with China amid disputes over trade, Taiwan, human rights and territorial claims

The Independent UK

China GDP growth falls short of expectations as sinking property prices hit economy

Data shows the economy grew just 0.8% in the June quarter, down from 2.2% in the first three months of 2023

The Guardian - AU

China intensifies military drills with Russia amid US sanctions

Chinese President Xi Jinping has resisted crossing Washington’s red lines over arming Russia’s war machine in Ukraine. But that hasn’t stopped China edging closer to Moscow’s military in another way: direct engagement.

Tribune News Service

New Zealand PM says Pacific region less secure amid China’s rise

Chris Hipkins says Beijing exerting influence is ‘major driver’ of increasing competition in the Indo-Pacific

The Guardian - AU

Yellen eyes China de-escalation, but lifting tariffs ‘premature’

Treasury Secretary Janet Yellen said the U.S. should look for ways to further “de-escalate” tensions with China, though it would be premature to eliminate the tariffs imposed on it by the Trump administration.

Tribune News Service

Supporting US military against China could draw Australia into nuclear war, expert warns

America’s deterrent against Beijing is diminishing while the military threat to Australia increases with Aukus, Sam Roggeveen argues

The Guardian - AU

Japan, South Korea and US hold naval joint drill after Pyongyang's missile launch

Japan, South Korea and the United States held a joint naval missile defence exercise in the Sea of Japan on Sunday after North Korea launched an intercontinental ballistic missile (ICBM), The Japan Times reported. Read further on Dynamite News:

Dynamite News

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The Independent UK

Why Janet Yellen’s frequent stops in India are important at a time of tensions with China

Yellen is back in Asia for a series of Group of 20 finance minister meetings in India

Bangkok Post

Britain signs treaty to join trans-Pacific trade pact

AUCKLAND, New Zealand: Britain on Sunday formally signed the treaty to join a major trans-Pacific trade pact, becoming the first new country to take part since its inception in 2018 and opening the way for members to consider other applications including from China and Taiwan.

Al Jazeera

Japan, S Korea, US hold joint drills after N Korea’s ICBM launch

S Korean Navy says latest exercise is aimed at mastering the allies’ response to a N Korean ballistic missile launch.

Tribune News Service

China intensifies military drills with Russia amid US sanctions

President Xi Jinping has resisted crossing Washington’s red lines over arming Russia’s war machine in Ukraine. But that hasn’t stopped China edging closer to Moscow’s military in another way: direct engagement.

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The Hindu

Morning Digest | Revised statement from Modi, Macron drops key points on defence deals; China tells India ‘specific issues’ shouldn’t define ties, and more

Morning Digest, July 16, 2023 | India-France revise joint statement, omissions on defence deals; after Manipur govt. order, Kukis and Meiteis stick to regions; China tells India ‘specific issues’ shouldn’t define ties — here is a select list of stories to start the day

Bangkok Post

Thai brides flee as sweet talk sours

Women hired to marry Chinese men risk breaking the law both in China and Thailand, warned the police on Saturday.

The Independent UK

Yellen is visiting India yet again to promote closer ties and tackle global economic problems

On the heels of a trip to Beijing, U.S. Treasury Secretary Janet Yellen is back in Asia for a series of Group of 20 finance minister meetings in India

The Japan News/Yomiuri

Govt likely to resume FTA talks with 6 Gulf countries

The government has begun arrangements to resume negotiations on a free trade agreement (FTA) with the Gulf Cooperation Council (GCC) -- a group of six Persian Gulf countries -- by the end of 2024, according to government sources.

Radio France Internationale

Beijing's top diplomat asks EU to clarify its new China strategy

The European Union must not "vacillate" and needs to "clarify" its strategic relationship with Beijing, top diplomat Wang Yi said during a meeting with EU foreign policy chief Josep Borrell, China's foreign ministry said Saturday.

Bangkok Post

America's Myanmar policy is simply all wrong

A recent joint statement by US President Joe Biden and Indian Prime Minister Narendra Modi "expressed deep concern about the deteriorating situation in Myanmar" and called for a constructive dialogue to aid the country's transition toward an inclusive federal democratic system. Unfortunately, the US-led sanctions policy has undercut this goal…

Al Jazeera

‘Grave threat’: US, Japan, S Korea slam missile test by N Korea

US says commitment to security of South Korea and Japan is backed by ‘full range of capabilities, including nuclear’.

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