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The Latest Breaking News from China

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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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.

Al Jazeera

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…

The Japan News/Yomiuri

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."

Belfast Live

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...

Barchart

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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.

The Hindu

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.

Tribune News Service

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.

Inverse

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

The Guardian - US

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...

Barchart

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.

InsideEVs

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Al Jazeera

China negotiating new military training facility in Cuba: Report

Wall Street Journal says talks over new military facility are in late stages, with US officials seeking to intervene.

Tom’s Hardware

Goals of 'Made in China 2025' Are Unachievable: Tsinghua Professor

The Deputy Chairman of the China Semiconductor Industry Association does not believe in 'Made in China 2025,' providing statistics and analysis of where China's homegrown efforts are falling short.

AAP

Taiwan war would dwarf Ukraine conflict, says Morrison

As a new poll shows Australians remain concerned about China in the region amid rising tensions, Scott Morrison has again entered the debate.

The Independent UK

3 men convicted in US trial that scrutinized China’s ‘Operation Fox Hunt’ repatriation campaign

Three men have been convicted of various charges in a trial showcasing U.S. claims that China has engineered pressure campaigns on American soil to bully expatriates into returning home

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The Guardian - UK

Translator alleges work on Chinese radical ‘plagiarised’ in British Museum show

Exclusive: Yilin Wang claims she did not receive any credit for translations of Qiu Jin’s work in the China’s Hidden Century exhibition

InsideEVs

See China’s Abandoned EV Graveyard: Thousands Of Cars Rot In Huge Fields

Drone footage reveals thousands of abandoned electric cars in China from carmakers like Geely and BYD.

Barchart

Crude Prices Under Pressure from Chinese Energy Demand Concerns

August WTI crude oil (CLQ23 ) this morning is down -1.70 (-2.36%), and Aug RBOB gasoline (RBQ23 ) is down -8.70 (-3.36%). July Nymex natural gas (NGN23 ) is down -0.100 (-3.80%). Crude oil and gasoline prices this morning are moderately lower. A stronger dollar today is bearish for crude...

Barchart

Does the China Tech Stock Rally Have Legs?

The ongoing artificial intelligence (AI) frenzy has sparked a recovery in Chinese technology stocks. The Golden Dragon Invesco ETF (PGJ ) is up +15% month-to-date, beating most global stock indexes and ETFs. The Golden Dragon Invesco ETF has beaten the broader Nasdaq 100 Stock Index ($IU XX) (QQQ ) for...

The Independent UK

Why haven't China and the U.S. agreed to restore military contacts?

U.S. Secretary of State Antony Blinken has wrapped up a closely watched visit to Beijing during which he and President Xi Jinping pledged to stabilize plunging U

The Hindu

China blocks proposal at U.N. to blacklist Pak-based LeT terrorist and 26/11 accused Sajid Mir

China on June 20 blocked a proposal by India and the U.S. at the United Nations to designate Pakistan-based LeT terrorist Sajid Mir, wanted for his involvement in the 26/11 Mumbai terror attacks, as a global terrorist.

The Independent UK

James Cleverly confirms possible trip to China

The Foreign Secretary has underlined the need for ‘direct engagement’ with Beijing despite concerns about its growing assertiveness.

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