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The Latest Breaking News from China

Chinese agent or private eye? Ex-NY cop's 'Fox Hunt' trial kicks off

A former New York City police sergeant charged with acting as an illegal Chinese agent for allegedly intimidating a U.S.-based fugitive from China went on trial on Wednesday and argued he did not know that country's government was behind a private surveillance job he took.

Reuters

Chinese graduates lower their ambitions in moribund jobs market

Applied maths graduate Liang Huaxiao tried to land a job with one of China's tech giants for two years. Then she tried customer service and sales. Then she applied for assistant roles in a bakery and in a beauty parlour.

Reuters

China’s 11.6m graduates face a jobs market with no jobs

With youth unemployment at a record high, the problem of overeducated young people is acute

The Guardian - UK

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Investors fret as Chinese factories decelerate

Economists are concerned about a weakening Chinese economy, saying the mainland's shaky recovery from the pandemic has pressured regional stock markets and the Thai economy.

Bangkok Post

Southern China Faces Tight Power Supply Amid Hot Weather

Demand in Guangdong surges just as supply from Yunnan hydropower plants dries up following low precipitation

Caixin Global

China's 'controllable' COVID-19 surge expected to peak at 65 million cases per week

Despite warnings a new wave of coronavirus driven by the latest XBB variants could peak at up to 65 million cases a week, China's health authorities say the situation remains under control.

ABC News

China Moves Forward With Plan for Shanghai International Reinsurance Market

Financial regulatory agency issues detailed implementation rules for reinsurance exchange to be built in Lingang New Area

Caixin Global

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Is India missing the graphene bus?

India needs to catch up in the research and production of graphene, which is the defining material of this age

The Hindu

Tesla Plays It Safe, Ships EVs With Lower Charge, Compensates Buyers

Chances are, this new policy will only impact those Tesla EVs loaded on a ship to cross a body of water. China-made Teslas are shipped abroad.

InsideEVs

Why 40°C is bearable in a desert but lethal in the tropics

This year, even before the northern hemisphere hot season began, temperature records were being shattered. Spain for instance saw temperatures in April (38.8°C) that would be out of the ordinary even at the peak of summer. South and south-east Asia in particular were hammered by a very persistent heatwave, and…

The Conversation

US, EU agree firm stance on China at trade, tech meeting

The United States and the European Union pledged on Wednesday to join forces to counter China's non-market economic practices and disinformation, particularly over Russia's invasion of Ukraine.

Reuters

Crude Prices Fall on Chinese Energy Demand Concerns

July WTI crude oil (CLN23) on Tuesday closed down -0.79 (-1.14%), and July RBOB gasoline (RBN23) is down -2.14 (-0.86%). July Nymex natural gas (NGN23) is down -0.015 (-0.64%). Crude oil and gasoline prices this morning extended Tuesday's losses, with crude posting a 3-1/2 week low and gasoline dropping to...

Barchart

India’s economy picks up speed amid global slowdown

With 6.1% growth, India remains one of the fastest growing emerging economies, especially as China’s recovery stumbles.

Al Jazeera

Explained | China’s military diplomacy in Southeast Asia

China is expanding its military outreach to Southeast Asian countries.

The Hindu

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The Week

China launches new space crew ahead of 2030 moon expedition

China plans to set foot on the moon before 2030, and it is launching a new space crew in efforts to do so.

The Conversation

Meet the EU's answer to crypto: the e-euro

In a bid to play catch up with technology companies and younger generations of consumers, central banks are finally starting to take digital currencies seriously. Countries such as Sweden, China, and India have establish pilot digital currencies – respectively, the e-krona, e-yuan and e-rupee – via their central banks. In…

Barchart

Markets Today: Stocks Fall as Weak China News Sparks Global Economic Concerns

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.47%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.46%. U.S. stock index futures this morning are moderately lower on global economic concerns after Chinese reports showed manufacturing and service sector activity slowed more than...

Reuters

Chinese visa applications just 35% of pre-pandemic levels, data show

Visa applications by Chinese citizens remain well below pre-pandemic levels following the lifting of travel restrictions in January, data from a specialist visa firm revealed, as the number of international flights remained limited.

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The Conversation

Amid fears of Chinese influence, the Committee on Foreign Investment in the United States has grown more powerful

A Chinese private equity firm, Primavera Capital Group, acquired the well-known test preparation company Princeton Review and an online learning platform, Tutor.com, in May 2023.

The Hindu

Thailand Open badminton: Kiran stuns Shi Yuqi; Saina, Ashmita too win

Ashmita will next face Rio Olympics gold-medallist and fourth seed Carolina Marin while Saina is likely to meet He Bing Jiao of China

RideApart

CFMoto Unveils The 450SR S Sportbike In China

CFMoto has launched the 450SR S in China, updating the look of the sportbike with a single-sided swingarm, revised bodywork, and new color schemes.

Reuters

China military says U.S. reconnaissance plane deliberately intruded into training area

China's military said a U.S. reconnaissance plane deliberately intruded into its training area on May 26 and that the move seriously undermined regional peace and stability.

Roll Call

Hawks worry about defense caps in debt limit deal - Roll Call

The debt limit deal would cap defense spending despite defense hawks in Congress calling for big increases to the Pentagon's budget.

The Independent UK

China responds to US complaint over plane intercept with demand for end to surveillance flights

China has responded to complaints from the United States about a Chinese fighter jet's dangerous interception of an American Air Force plane in international airspace over the South China Sea by demanding an end to such flights

Caixin Global

Meeting Musk, Chinese Foreign Minister Stresses Benefits of ‘Healthy’ U.S. Relations

Qin Gang told the Tesla CEO on Tuesday that China is committed to providing a market-oriented and law-based business environment for foreign enterprises

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