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The Latest Breaking News from China

US military chief praises Japan's defense funding boost as a buttress against China and North Korea

The highest-ranking U.S. military officer is praising Japan's moves to double its defense spending over the next five years, citing rising threats from North Korea and China

The Independent UK

Afternoon Update: cautious welcome for new RBA governor; Peter van Onselen loses case; and watch Fran Drescher’s fiery Hollywood strike speech

Labor hails appointment of first female Reserve Bank boss as ‘historic moment for Australia’

The Guardian - AU

Oil Prices Predicted to Recover Amidst Global Economic Rebound

The average price of ICE Brent crude oil in the second quarter of 2023 (April 1 - June 30, 2023) remained stable at $77.75 per barrel, indicating tighter supply in the market compared to the previous quarter. Following the OPEC and its allies (OPEC+) meeting on April 3, 2023, a…

Bangkok Post

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EU lifts Japan food import rules, weeks before nuclear wastewater to be pumped into ocean

Other countries, including China, have threatened to further restrict Japanese imports if the Fukushima wastewater discharge goes ahead

The Guardian - AU

Chandrayaan-3: What to expect from India’s mission to Moon’s south pole

Successful mission would make India only fourth country after US, Russia, and China to have landed a rover on Moon

The Independent UK

Solomon Islands denies policing deal with China poses ‘threat’ to Pacific security

Statement comes after US, Australia and New Zealand expressed concerns about new agreement with Beijing

The Guardian - AU

Weekly Must-Read: China Looks to Saudi Arabia Amid Shifting Sands in U.S. Economic Ties

A recent flurry of political and business exchanges represents Beijing’s highest-level diplomatic engagement with Arab nations since the founding of the People’s Republic of China

Caixin Global

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Record-breaking heat bakes US, Europe, China

WASHINGTON: Summer has just begun in the Northern Hemisphere but a brutal heat wave is already gripping parts of Europe, China and the United States, where record temperatures expected this weekend are a stark illustration of the dangers of a warming climate.

Bangkok Post

India makes second moon landing attempt as space race heats up

India will make a second attempt to send an uncrewed mission to the lunar surface Friday, joining the U.S., China and others in a new moon race.

Tribune News Service

Xi gets serious about boosting private sector as economy slumps

Chinese President Xi Jinping finally appears to be extending an olive branch to private businesses battered in recent years by regulatory crackdowns and the world’s most restrictive COVID-19 policies.

Tribune News Service

Nationals accuse Labor of ‘hypocrisy’ over response to scathing APVMA report – as it happened

This blog is now closed

The Guardian - AU

Dealing with China: Economic Security issues / China boosts push for domestic production of key technologies

In China, President Xi Jinping's administration is intensifying moves to fully domesticate and insulate key technologies as national security measures. This is the first installment of a new series exploring how Beijing's actions are affecting firms doing business with China.

The Japan News/Yomiuri

Japan aims to boost security cooperation with Europe

VILNIUS -- The Japanese government has signed a new partnership document with the North Atlantic Treaty Organization to enhance security coordination with Europe, with China's increasingly hegemonic moves in mind.

The Japan News/Yomiuri

Crude Pushes Higher on Concern About Tighter Global Oil Supplies

August WTI crude oil (CLQ23 ) Thursday closed up +1.14 (+1.50%), and Aug RBOB gasoline (RBQ23 ) closed up +1.16 (+0.43%). Crude oil and gasoline prices Thursday added to this week's gains, with crude posting a 2-1/2 month nearest-futures high and gasoline posting a 3-week high. The action by Libya...

Barchart

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The Independent UK

US eyes massive ramp-up in diplomatic personnel and spending at new Pacific island embassies

The State Department says it plans a massive increase in diplomatic personnel and spending for facilities at new U.S. embassies in the Pacific islands as the Biden administration forges ahead with efforts to counter China’s growing influence in the region

The Hindu

No hurdles in Pakistan’s presence for Asian Champions Trophy, says Union Sports Minister Anurag Thakur

Pakistan's participation in Asian Champions Trophy hockey is certain, with Sports Minister Anurag Thakur indicating no government hurdles. India, Pakistan, Korea, Malaysia, Japan and China will compete in the tournament in Chennai, with the trophy touring India to promote the event. Hockey India president Dilip Tirkey and former India stars…

The Independent UK

US climate envoy John Kerry spars in heated exchanges with House Republicans ahead of Beijing trip

U.S. climate envoy John Kerry has defended his negotiations with China during a grilling by House Republicans before he sets out on his next climate mission to Beijing

Space

How China will land astronauts on the moon by 2030

China has revealed a few details of its two-launch plan to put boots on the moon by 2030.

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AAP

Penny Wong holds talks with top Chinese diplomat

Foreign Minister Penny Wong has met with top Chinese diplomat Wang Yi for the second time since December, at a forum for southeast Asian foreign ministers.

Zenger

BRICS Nations To Introduce Gold-Backed Currency, Challenging Dollar’s Hegemony

New currency aims to boost intra-BRICS trade and pose a major challenge to the US dollar's dominance.

The Guardian - UK

Committee report is rightfully scathing on UK’s China strategy

The ISC’s warnings are unlikely to act as much of a brake on Britain’s approach to China

Barchart

Crude Gains on Dollar Weakness and Stronger Chinese Demand

August WTI crude oil (CLQ23 ) this morning is up +0.44 (+0.58%), and Aug RBOB gasoline (RBQ23 ) is up +0.11 (+0.04%). Crude oil and gasoline prices this morning are moderately higher, with crude posting a 2-1/2 month nearest-futures high and gasoline posting a 3-week high. The selloff in the...

Al Jazeera

Blinken meets Chinese diplomat Wang amid hacking accusations

US says talks in Indonesia are part of effort to ‘responsibly manage competition’ between Washington and Beijing.

Chicago Tribune

How do you buy a home with little or no credit? Turn rent payments into credit score points

Zhiqiang Su, 50, and Yuping Liang, 50, moved from China to Chicago in 2020, seeking a life with better education opportunities for their now 21-year-old daughter and more freedom.

The Hindu

Asian Athletics Championships: Late surge helps Abhishek Pal pip Yuto Imae to bronze in the 10,000m event

Japan dominates Asian distance running, occupying 98 of the top 100 spots. Abhishek Pal, 189th in the list, defied the odds to win 10,000m bronze at the 25th Asian Athletics Championships in Bangkok. Gulveer Singh finished fifth. Japan’s Marina Saito shocked China’s Olympic champion Liu Shiying for javelin gold. Annu…

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