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The Latest Breaking News from China

Senate India Caucus to push for ‘NATO plus five’ status for India

A powerful American Senator has said he plans to introduce a Bill to make India part of the NATO Plus grouping that would facilitate the transfer of topmost American technology and defence equipment without much bureaucratic hassle, amid growing challenges from a rising China

The Hindu

Shanghai Composite Index Fell 1.31% on Wednesday

Shenzhen Component Index closed down 2.18%

Caixin Global

'Stolen generation': Tibet's fight to preserve culture

Tibetan leader Penpa Tsering says the situation there resembles George Orwell's 1984 where citizens have been surveilled and culture has been suppressed.

AAP

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Joe Biden says calling Xi Jinping has not harmed US-China relationship despite outrage from Beijing

US president says calling Xi Jinping a ‘dictator’ has not ‘had any real consequence’

The Independent UK

EU unveils plans to avoid economic risks when dealing with Russia, China

The European Union unveiled a proposal on Tuesday to protect the bloc’s economies from risks posed by unreliable suppliers in countries that do not share its values, such as China, after the war in Ukraine exposed Europe’s dependency on Russia for oil and gas.

Radio France Internationale

Polestar Forms JV With Xingji Meizu To Develop OS For China Market

Swedish EV maker aims to strengthen its position in China, where Xingji will also be the sole sales and service entity.

Zenger

What’s behind Indian Prime Minister Narendra Modi’s US visit?

The US is seeking stronger ties with India, which it sees as a vital ally in efforts to contain China’s rise.

Al Jazeera

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China, Cuba in talks on new military training site, report says

China and Cuba are discussing building a joint military training facility, according to The Wall Street Journal, a report that comes after the White House earlier said Beijing has a spy base on the island about 90 miles from the United States.

Tribune News Service

Foreign companies are shifting investment out of China as confidence wanes, business group says

A business group says foreign companies are shifting investment and their Asian headquarters out of China as confidence plunges following the expansion of an anti-spying law and other challenges

The Independent UK

Google is reportedly looking into building Pixel phones in India

Google currently relies on China and Vietnam to produce its Pixel devices. Due to the ongoing trade war, the company is looking for alternatives starting with India.

Android Central

India’s Modi faces human rights criticism ahead of US visit

India’s prime minister will attend a state dinner at the White House this week as the two countries seek greater ties.

Al Jazeera

De-escalating tensions between US and China

Tensions between the US and China have reached such a high level that the G7, led by the US, recently changed its objective in its relations with China from "decoupling" to "de-risking". But the reality is that de-risking, like decoupling, requires the participation of both sides and a common agenda.

Bangkok Post

Ex-PBOC Deputy Head Arrested on Suspicion of Bribery

Fan Yifei now faces criminal investigations, China’s top prosecutor says

Caixin Global

Morning mail: Australia win Ashes thriller, defence coy on MPs using VIP jets, Titanic sub search goes on

Pat Cummins swaps ball for bat and plays innings for the ages to seal two-wicket win, Labor seeks advice on double dissolution

The Guardian - AU

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Al Jazeera

Three convicted in US plot to force people to go to China

Ex-NYPD officer, two others, worked at behest of Beijing in repatriation effort ‘Operation Fox Hunt’, authorities said.

The Japan News/Yomiuri

Japan to stay on course regarding U.S., China

The Japanese government does not expect U.S. Secretary of State Antony Blinken's visit to China to bring about a significant change in the confrontational U.S.-China relationship. Japan plans to continue to cooperate with the United States by tightening export controls on advanced semiconductors, among other measures, while also maintaining communication…

Belfast Live

Lisburn Castlereagh Council trade programme brings China benefits to local businesses

"One company is reporting that it expects to have somewhere between £300k and £2m in sales this year."

Barchart

Crude Prices Weighed Down by Chinese Energy Demand Concerns

August WTI crude oil (CLQ23 ) on Tuesday closed down -0.74 (-1.03%), and Aug RBOB gasoline (RBQ23 ) closed down -6.86 (-2.65%). Crude oil and gasoline prices Tuesday settled moderately lower. A stronger dollar Tuesday was bearish for crude prices, along with a selloff in stocks, which weighs on confidence...

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The Hindu

A welcome step: on the Blinken-Xi meet in China

The challenge before the U.S. and China now is whether they can sustain this effort at arresting the slide in ties and keeping diplomatic channels open

The Hindu

Semiconductor fab: the unfinished agenda

To set up a semiconductor fabrication plant in India is not mere hubris. There is a growing market. There are also strategic reasons: India’s susceptibility to coercion increases due to its dependence on the import of semiconductors.

Tribune News Service

Retired NYPD cop guilty in Chinese government plot to pressure dissident into returning to China

A former NYPD cop turned private investigator and two Chinese citizens were found guilty Wednesday in a landmark case taking aim at the Chinese government’s illegal efforts to extort dissidents living overseas.

Inverse

Buick’s Electra E4 EV Boasts a Curved 6K Display

The Electra E4 SUV features a 6K display as the driver's dashboard and infotainment center and is coming to China.

The Guardian - US

Three men including ex-NYPD officer convicted of harassing Chinese exile

Prosecutors say ‘Operation Fox Hunt’ is a Beijing effort to pressure Chinese nationals in the US to return home to face charges

Barchart

Sugar Closes Lower on Weak Chinese Demand and Brazil Sugar Harvest Pressures

July NY world sugar #11 (SBN23 ) on Tuesday closed down -0.21 (-0.79%), and Aug London white sugar #5 (SWQ23 ) closed unchanged. Sugar prices Tuesday settled moderately lower. Weakness in sugar demand from China, the world's largest sugar importer, weighed on prices after China's Customs General Administration reported that...

InsideEVs

Tesla's Growth Ambitions In China Clash With Oversupply Concerns

Tesla awaits regulatory permits in China for Giga Shanghai expansion plans following CEO Elon Musk's visit.

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