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The Latest Breaking News from China

Ex-Samsung exec charged with stealing trade secrets to create copycat chip factory in China

South Korean prosecutors have arrested and indicted a former executive of Samsung Electronics suspected of stealing trade secrets while attempting to establish a copycat computer chip plant in China

The Independent UK

Saudi Arabia, China’s tourists and Sino-Saudi relations

Tourism is a pillar of Saudi Vision 2030, and China ranks very high globally as a source of tourists.

Al Jazeera

Saudi Arabia signs $5.6bn EV deal as it eyes closer China ties

Riyadh leads the Arab region in boosting trade ties with Beijing as it looks to diversify its economy away from oil.

Al Jazeera

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Stocks Set to Open Higher as Investors Await Fed Meeting, Inflation Data

June S&P 500 futures (ESM23) are up +0.23%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.46% this morning as market participants looked ahead to the latest U.S. inflation data and the Federal Reserve’s interest rate decision this week.

Barchart

The U.S. dollar conquered the world. Is it at risk of losing its top spot?

The dollar has helped make the U.S. the most economically powerful country for most of the last century, but other countries – including rivals like China – have the greenback on their sights.

WEKU

Ex-Samsung exec accused of building copycat chip plant in China

A former Samsung Electronics Co executive allegedly stole blueprints and designs to try and replicate an entire semiconductor plant in China, Korean prosecutors said in outlining an unusual attempt to establish world-class chipmaking capabilities in the world’s No 2 economy.

Bangkok Post

Last Indian journalist in China asked to leave within this month

The sole remaining Indian journalist on Chinese soil has been asked to leave the country within the current month, Bloomberg reported on Monday. It cited sources as saying that Chinese authorities have asked the Press Trust of India correspondent to depart. A Hindustan Times reporter in China also left the…

Newslaundry

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Fisker To Open Delivery Center In China This Year, Start Deliveries In Q1 2024

The Californian EV maker recently announced that deliveries of its first product – the Ocean SUV – will begin next week in the United States with an EPA-rated range of up to 360 miles.

InsideEVs

China expands nuclear arsenal as global tensions grow: study

STOCKHOLM: The nuclear arsenals of several countries, especially China, grew last year and other atomic powers continued to modernise theirs as geopolitical tensions rise, researchers said Monday.

Bangkok Post

Editorial: Harmony in Diversity: Cultivating a New Open Landscape

To forge a new paradigm of openness, China should proceed with reforming institutions and continue cultivating exchanges of important business people and other civilians

Caixin Global

China, other states, fortify nuclear weapons arsenals: Report

Think tank says China had 17 percent more nuclear warheads in January 2023 compared with the year before.

Al Jazeera

‘Decade of emerging markets’ may be about to regain traction

Emerging-market bulls are still upbeat on the asset class, even after China’s highly-touted reopening rally fizzled and proved Wall Street’s early 2023 optimism to be misplaced.

Bangkok Post

Shanghai Composite Index Fell 0.08% on Monday

Shenzhen Component Index closed up 0.74%

Caixin Global

China struggles with weak post-COVID economic recovery

China's manufacturing and consumer spending are weakening after a strong start to 2023 after anti-virus controls ended

The Independent UK

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The Guardian - UK

US and China take steps towards thaw as Blinken prepares to visit Beijing, but mistrust remains

Effort is being stepped up to rebuild relations after the spy ballon incident led to Blinken’s original visit being cancelled

The Independent UK

US aims to rejoin UN scientific and educational organization to push back on China

The Biden administration says the U.S. will rejoin the U.N.'s educational and scientific organization after a five-year absence that began while Donald Trump was president

The Guardian - UK

Number of nuclear weapons held by major powers rising, says thinktank

There are now an estimated 12,512 warheads across the globe, with most of the new ones in military stockpiles said to be China’s

InsideEVs

China: Plug-In Car Sales In April 2023 Exceeded 500,000

Some 539,563 new passenger plug-in electric cars were registered in China in April, which is 93 percent more than a year ago.

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Bangkok Post

Asia's food mecca

Every year, hungry travellers from Thailand and around the world visit Italy, the UK, Singapore, China, Hong Kong, Japan, South Korea and Taiwan to indulge in renowned dishes from these countries.

The Conversation

Succession on the Tibetan plateau: what's at stake in the battle over the Dalai Lama's reincarnation?

In China, a group of atheists (the Chinese Communist Party) has long dictated how the country’s religious groups should practice their faiths.

InsideEVs

China: Tesla Increased Both Retail Sales And Exports In May 2023

In May, Tesla sales of Made-in-China (MIC) Model 3/Model Y in China and exports from China increased quite noticeably compared to the previous year.

The Guardian - UK

China’s Palestinian moment is about global standing rather than peace

Experts quash claims by Beijing that the Palestinian Authority president’s visit will facilitate new Israeli-Palestinian peace talks

Daily Mirror

Wuhan scientists were 'creating world's most deadly coronaviruses' weeks before pandemic

A trove of intercepted communications, the full details of which are being held as top-secret, has revealed that scientists in China were experimenting with deadly viruses, which ended up getting out of the Wuhan Institute of Virology and laying the world to waste

Chronicle Live

Papiss Cisse opens up on 'amazing' Newcastle United love affair and key reason he left for China

The Senegalese striker says the club and Newcastle fans made a lasting impression following his spell at St James' Park

The Conversation

Governments and industry must balance ethical concerns in the race for AI dominance

The CEO of OpenAI, the company behind ChatGPT, recently testified before United States senators that AI “could go quite wrong” and his company wanted to “work with the government to prevent that from happening.”

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