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The Latest Breaking News from Beijing

Where are the headquarters of the world’s biggest companies? A few global cities are major corporate magnets

The rise of China has made Beijing the biggest hub for the Fortune Global 500.

Fortune

Beijing Rules by Bethany Allen review – a new world order

How China is wielding power and influence beyond its own borders, exploiting western naivety and greed

The Guardian - UK

Xi Jinping overhauls leadership of China’s elite nuclear force

BEIJING: President Xi Jinping has overhauled the military leadership managing China’s nuclear arsenal amid reports of a corruption probe in the rocket force that would play a key role in case of an invasion of Taiwan.

The Times of India

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Shanghai Composite Index Fell 0.89% on Wednesday

Shenzhen Component Index closed down 0.35%

Caixin Global

China’s heaviest rains in 140 years kill at least 20, leave 27 missing

Tropical Storm Doksuri has been dumping heavy rains across China since Saturday.

Al Jazeera

How can the west best tackle the threat from China? First, it must stop panicking

An MPs’ report on Chinese intentions credits President Xi with a flattering level of strategic nous. The real problems lie closer to home, says former diplomat Kerry Brown

The Guardian - UK

Chinese firefighter ‘dies heroic death’ as Beijing reports heaviest rain in 140 years

Extreme weather comes as China’s foreign ministry denies reports that it obstructed discussions on climate crisis at G20 meetings

The Guardian - UK

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29 inches of rain from Saturday to Wednesday was Beijing's heaviest rainfall in 140 years

China’s capital has recorded its heaviest rainfall in 140 years over the past few days

The Independent UK

US formally invites China’s Foreign Minister Wang Yi to Washington

Washington says invite extended to Wang’s predecessor in June was officially transferred to Beijing’s new top diplomat.

Al Jazeera

Severe flooding kills at least 20 and affects 500,000 in Beijing

Rare heavy rainfall led to flooding in the mountains surrounding the Chinese capital

Evening Standard

Torrential Flooding Hits China As Typhoon Doksuri Wreaks Havoc

Thousands evacuated as Beijing faces worst floods in a decade while another typhoon looms

Zenger

11 dead and 27 missing in flooding around Beijing after days of rain, Chinese state media report

Chinese state media report 11 people have died and 27 are missing as rains flood the capital, Beijing, and the mountains surrounding it

The Independent UK

Beijing has invested $25.4B in Pakistan over the last decade, Chinese vice premier says

Chinese Vice Premier He Lifeng says Beijing has invested $25.4 billion dollars in Pakistan in the past ten years under the China-Pakistan Economic Corridor, or CPEC package

The Independent UK

Stock market today: European shares open mixed after Asia rallies on hopes for Chinese stimulus

Shares have opened mixed in Europe after most Asian markets logged gains on hopes for more stimulus from Beijing for the sluggish Chinese economy

The Independent UK

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The Times of India

Thousands flee their homes as heavy rain lashes Beijing

The Guardian - UK

The New China Playbook by Keyu Jin review – the bright side of Beijing

The well-connected LSE scholar sheds light on the Chinese economic model but omits anything politically contentious in her attempt to demystify the country

Al Jazeera

China’s capital records heaviest rainfall of year as Doksuri tapers off

Beijing’s 22 million people remain under a red alert for heavy rain as remnants of Typhoon Doksuri passes through city.

The Independent UK

Skepticism prevails as Chinese leaders promise to back private businesses to spur slowing economy

Chinese leader Xi Jinping’s government is promising to drag the economy out of a crisis of confidence aggravated by tensions with Washington, wilting exports, job losses and anxiety among foreign companies about an expanded anti-spying law

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The Guardian - AU

Italy seeking to leave ‘atrocious’ China Belt and Road plan without harming ties – minister

‘Improvised and atrocious’ decision in 2019 made Italy the only major western member, says Guido Crosetto, the defence minister

Salon

China's Great Leap Backward

The Chinese century is over. Facing upside-down demographic and economic trends, China is heading off the cliff

The Guardian - UK

‘A Trojan horse’? Taiwanese islands weigh plan for ‘peace bridge’ to China

Proposal to create demilitarised zone on Kinmen islands reflects feeling that close ties with Beijing are inevitable

Radio France Internationale

French finance minister says decoupling from China not possible

France's finance minister said during a visit to Beijing on Sunday that cutting all economic ties with China was "an illusion", as some Western countries question their reliance on the Asian giant.

The Independent UK

France's Le Maire presses China on market access and lobbies for electric car investment

The French finance minister says he pressed Chinese leaders to open their markets wider to foreign companies

Zenger

Beijing’s Move To Limit Gallium And Germanium Exports Signals Escalation In Global Tech Battle

China Implements Export Restrictions on Semiconductor Metals Amid Escalating Tech War

The Guardian - AU

Pacific pulling power: western leaders rush to region in effort to counter China

Week of visits by Emmanuel Macron, Antony Blinken and Lloyd Austin underlines concerns over Beijing’s growing influence

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