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The Latest Breaking News from China

China ramps up construction on new Antarctic station – report

China is increasing its Antarctic footprint according to new satellite imagery collected by a Washington-based think tank that shows construction has resumed for the first time since 2018 on the country's fifth station in the southern polar region.

Reuters

The new Xiaomi 13 Ultra takes on the Galaxy S23 Ultra with four 50MP cameras

After missing the global launch of Xiaomi 12 Ultra last year, Xiaomi announced the 13 Ultra for China and international markets.

Android Central

Crude Oil Higher on Dollar Weakness and Chinese Economic Strength

May WTI crude oil (CLK23 ) this morning is up +0.31 (+0.38%), and May RBOB gasoline (RBJ23 ) is down -1.40 (-0.50%). May Nymex natural gas (NGK23 ) is up +0.061 (+2.68%). Crude oil and gasoline prices this morning are mixed, with gasoline falling to a 2-week low. A weaker...

Barchart

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UK should not ‘pull the shutters down’ on China, says James Cleverly

Exclusive: British foreign secretary says failing to engage ‘closely and regularly’ with Beijing would be ‘really counterproductive’

The Guardian - UK

China reveals new details of Raytheon, Lockheed sanctions

China has revealed new details of sanctions it previously announced against two U.S. weapons manufacturers, including a ban on Chinese companies doing business with them

The Independent UK

Stocks Fall Back on Bank Stocks and Hawkish Bullard

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.42%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.08%. U.S. stock indexes gave up early gains and are...

Barchart

TikTok Australia has launched a factcheck on itself. But does it tell the full story?

The Chinese social media app tries to set the record straight in Myth vs fact report. We factcheck the factcheck

The Guardian - AU

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Macron ‘working with China on secret plan for Ukraine war peace talks’

Kyiv’s line has been to veto anything that could allow Russia to keep any territorial gains from Moscow’s invasion

The Independent UK

Toyota bZ3 Receives 5,000 Orders In China On First Day Of Sales

Toyota's first electric sedan competes with the Tesla Model 3 and BYD Seal in the world's largest EV market.

InsideEVs

Dell founder says customers want it to move away from relying on China

Michael Dell wants his company to reduce its reliance on China.

TechRadar

China's moon plans involve 3D printing bricks from lunar soil

China aims to test 3D printing bricks from lunar regolith later this decade in a step towards constructing a permanent base on the moon.

Space

Deadly heat wave envelops large swath of Asia, including India and China

Records were set in 12 Chinese provinces, and an outdoor government ceremony in India turned deadly.

Axios

Fire kills 21 in a Beijing hospital - Beijing Daily

Twenty-one people were killed after a fire broke out in the east wing of the inpatient department of a hospital in China's capital Beijing, the Beijing Daily reported on Tuesday.

Reuters

China's military chief vows to bolster ties with Russia

The Chinese defense chief has vowed to take military cooperation with Moscow to a new level, a statement that reflects increasingly close Russia-China ties amid the fighting in Ukraine

The Independent UK

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Barchart

Markets Today: Stock Index Futures Climb as China’s Economy Strengthens

Morning Markets June S&P 500 futures (ESM2 3) this morning are up +0.49% at a 2-month high, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.79% at a 2-week high. U.S. stock index futures this morning are moderately higher on improved global economic prospects after today’s news that...

InsideEVs

Honda Previews Three New Electric SUVs Launching In China In 2024

The e:NP2 and e:NS2 preview two production SUVs that will go on sale in early 2024, while the e:N SUV previews another model launching before the end of 2024.

Manchester Evening News

Flights from Manchester Airport to China returning to pre-pandemic levels in 'significant' economic boost

Four flights a week to Beijing will resume next month

Caixin Global

Chinese Bank Trio Cut $11 Million in Bonuses to Deter Risk

China Merchants Bank, China Bohai Bank and Bank of Jiujiang withheld or recovered 77 million yuan in performance-based pay last year, sending a message to reduce risky behavior

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The Independent UK

What are China's alleged 'secret overseas police stations'?

Police in New York have arrested two men for allegedly setting up a secret police station for a Chinese provincial police agency to collect information on opponents of the ruling Communist Party

Axios

Apple, Dior, Boeing among global name brands focused on India market

A renewed focus on India coincides with the country's latest economic turning point.

The Independent UK

China calls US accusations of police stations 'groundless'

China denied all accusations of an overseas police presence, saying the United States was making “groundless accusations” after U.S. law enforcement arrested two men in New York for establishing a secret police station

Reuters

Sri Lankan activists protest proposal to export monkeys to China

Sri Lanka is considering a proposal by a Chinese private company to export 100,000 endemic monkeys to China, a government minister said on Tuesday, sparking protests from animal protection groups.

InsideEVs

Nissan Arizon Concept Debuts As CMF-EV-Based SUV With Loads Of Tech

Imagined in China for Chinese customers, the Nissan Arizon is said to take the vehicle experience beyond mobility with a software-defined vehicle approach.

Bangkok Post

China decries US 'secret police' arrests

China said on Tuesday that “political manipulation” was behind the arrests of two men the United States accused of setting up an unauthorised Chinese police station in New York.

Kiplinger

Three Reasons Inflation May Be With Us Longer Than We Think

Shifts in the labor market, the transition to renewable energy and changes in China present long-term challenges for the U.S.

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