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The Latest Breaking News from China

Chinese communist party ‘accessed Hong Kong protesters’ TikTok data’

Ruling party accessed user data including Sim card ID and IP addresses, former executive alleges in legal filing

The Guardian - UK

China Expresses ‘Grave Concerns’ Over Ukraine Dam Collapse

Top Chinese envoy to the U.N. urges all parties in the conflict to abide by international law and to do their utmost to protect civilians and civilian infrastructure

Caixin Global

Stocks Set to Open Lower as Weak China Trade Data Weighs on Sentiment

June S&P 500 futures (ESM23) are down -0.06%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.21% this morning as weak trade data from China stoked investor concerns over the strength of global demand.

Barchart

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S Korea, Japan scramble jets due to China-Russia joint air patrol

China’s defence ministry says patrol with Russian bomber aircraft was part of exercises that first started in 2019.

Al Jazeera

GM’s Proxima EV Concept Revealed In China Sporting Buick Badge, Gullwing Doors

The Proxima is a zero-emissions sedan that features impressive gullwing doors and a spacious interior that’s supposed to provide a residential-like in-cabin experience.

InsideEVs

OECD lifts world GDP growth forecast to 2.7%

PARIS: The OECD slightly raised its growth outlook for the world economy on Wednesday as inflation eases and China has dropped Covid restrictions, but it warned the recovery faces a "long road".

Bangkok Post

Shanghai Composite Index Rose 0.08% on Wednesday

Shenzhen Component Index closed down 0.6%

Caixin Global

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Rishi Sunak lays wreath at Arlington National Cemetery on first day of US visit

A Union Flag was carried by the party accompanying the Prime Minister as he made his way to the monument

Evening Standard

FTSE 100 Live: Halifax house prices fall; former Diageo boss dies; Telegraph up for sale

China today revealed a bigger-than-expected export slump in another sign of slowing global economic activity.

Evening Standard

Indonesia's delayed China-funded rail project beset by fresh problems

Indonesia's transport ministry and three consultants have pushed back on a China-funded consortium's plan to start full commercial operations of the country's $7.3 billion first high-speed train service in August, an internal document shows.

Reuters

Europeans who see Russia as adversary or rival double in number since 2021

Survey reveals shift in opinion since Ukraine war and big majority favour EU increasing its defence capabilities

The Guardian - UK

China trade tumbles in May, adding to signs economic recovery is slowing

China’s exports fell 7.5% from a year earlier in May and imports were down 4.5%, adding to signs an economic recovery is slowing

The Independent UK

Fiji rethinks police deal with China amid rising Pacific tensions

Previous Fijian government signed a memorandum of understanding in 2011 enabling its police officers to undergo training in China

The Guardian - AU

Record 13m students sit China’s ‘gaokao’ college entrance exams

The exams are known for being difficult and many students take additional tuition to help them through.

Al Jazeera

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Bangkok Post

China is building the most powerful warship radar on record: scientists

Chinese scientists have revealed that construction has begun of a radar system that could shift the balance of naval power in the world's oceans with its ability to detect incoming missiles from thousands of kilometres away.

Bangkok Post

China's first home-grown cruise ship undocked in Shanghai

SHANGHAI: China's first domestically-built large cruise ship completed its undocking in Shanghai on Tuesday, marking its complete transition into the dock mooring debugging stage.

The Guardian - AU

France opposed to opening of Nato liaison office in Japan, official says

Nato statutes ‘clearly limit the scope to North Atlantic’, official says, with reports that president Macron personally objects to the idea

The Independent UK

Fiji reconsiders security ties with China amid Pacific tensions

Fiji’s leader indicated his nation is reconsidering its security ties with China at a time that geopolitical tensions in the Pacific are rising

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news in one place.

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Zenger

Tesla Soars 10% Amid Musk’s China Visit, Lucid Slumps On Stock Sale, Ford-Uber’s Win-Win Partnership

Electric vehicle stocks closed the week ending May 19 on a mixed note, with market leader Tesla, Inc.

Businessweek

China’s BYD Is Racing Toward the Top of the Global EV Market

The Warren Buffett-backed automaker, the biggest car brand at home, has quickly expanded its clean-car sales in Asia, Europe and Latin America.

Reuters

Potential for miscalculation with China is real and growing -U.S. official

U.S. Indo-Pacific coordinator Kurt Campbell said on Tuesday that lines of communication with China "are opening up," but the potential for miscalculation as Chinese military forces increasingly operate near U.S. forces is real and growing.

Newsroom.co.nz

NZ must sell smarter to young 'made in China' market

China will be part of our world for the foreseeable future. We may not like all that we see, but the better we know it, the better off we will be.

Reuters

Saudi-Iranian ties: A history of ups and downs

Iran reopened its embassy in Saudi Arabia's capital Riyadh on Tuesday, Saudi media reported, months after the two regional rivals agreed to end years of antagonism under a Chinese-brokered deal.

The Independent UK

US sanctions group of people and firms from Iran, China and Hong Kong tied to Iran ballistic program

The U.S. is sanctioning a network of people and firms from Iran, China and Hong Kong associated with the alleged development of Iran’s ballistic missile program

Daily Mirror

China and US conflict would cost lives and produce 'economic shock' larger than Ukraine war

It comes as Pentagon released near-miss footage on Monday showing a Chinese ship sharply cutting across the path of an American destroyer, forcing the US vessel to slow down

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