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The Latest Breaking News from China

Russia's Shoigu: partnership with China is stabilising influence

Russian Defence Minister Sergei Shoigu told his Chinese counterpart on Tuesday that their countries' military cooperation was a "stabilising" force in the world and helped to reduce the chances of conflict, Russian news agencies reported.

Reuters

Pentagon spurring an endless arm race

Why is the Pentagon budget so high?

Salon

Screening US funds for Chinese tech raises question: Which tech? - Roll Call

The U.S. appears headed to screening of outbound investment in China’s technology sector amid a debate about which tech should be covered.

Roll Call

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CEO Tim Cook opens Apple's first India store in Mumbai

Apple is both selling and making more phones in India as the company shifts its supply chains away from China.

Fortune

U.S.'s Blinken says Beijing needs to make its intentions clear

The United States is able to move forward with its relationship with China following President Joe Biden's meeting with leader Xi Jinping last year, but that requires Beijing to make clear its own intentions, Washington's top diplomat said on Tuesday.

Reuters

‘Recovering from Covid’: Chinese economy grows 4.5% in first quarter of 2023

China's economy grew faster than expected in the beginning of the year at 4.5 percent, on the back of strong export and infrastructure investment figures. GDP is bouncing back after the country put an end to its so-called "Zero-Covid" policy and as the government has pledged to do more to…

France 24

Woman in court over $7m money laundering scheme

A Sydney woman is likely to face time in jail after laundering over $7 million in cash as part of a scheme to illegally import tobacco from China.

AAP

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Russell: F1 calendar logistics "will be improved"

F1's 2023 season started with three trips to the Arabian peninsula in four weeks for testing and the Bahrain and Saudi Arabian grands prix. It then headed to Melbourne for a standalone weekend on the other side of the world, before another planned standalone weekend in China - that has…

Autosport

Commentary: US-China tensions are feeding a new wave of anti-Asian hate

The far-right website the Daily Caller recently smeared Asian American business leaders in L.A. as stooges of the People’s Republic of China. This portrayal — based on prejudice, not evidence — points to a trend we’re likely to only see expand. Amid widening U.S.-China tensions, American extremists and officials alike…

Los Angeles Times

China disputes U.S. claims of Chinese 'secret police station' in New York

China foreign ministry spokesperson Wang Wenbin on Tuesday disputed U.S. claims of a Chinese "secret police station" in New York.

Reuters

To understand why America’s lead in tech and innovation is eroding, look at China’s investment in women inventors

The need for change is as much about economic and technological competitiveness as it is about equality and righting historical wrongs.

Fortune

G7 ministers pledge to intensify Russia sanctions, slam China

Diplomats also urge warring sides in Sudan to end hostilities and demanded Taliban reverse ban on women working for UN.

Al Jazeera

China minister lauds Putin for ‘promoting world peace’

BEIJING: China’s defense minister congratulated Russian President Vladimir Putin for “promoting world peace,” underscoring the warm relations between the two nations more than a year after Moscow’s invasion of Ukraine sparked Europe’s biggest conflict since World War II.

The Times of India

Tin market spooked by Myanmar supply worries

LONDON: Tin prices have leapt higher on news of a possible production halt in Myanmar, the world’s third-largest producer of the metal.

Bangkok Post

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The Independent UK

AP News Digest 3:30 am

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan.

Reuters

China says G7 communique grossly interfered with China's affairs

China said a communique by the G7 meeting grossly interfered in its internal affairs, and maliciously smeared and discredited the country, the Chinese foreign ministry said on Tuesday.

Caixin Global

Shanghai Composite Index Rose 0.23% on Tuesday

Shenzhen Component Index finished nearly flat

The Guardian - UK

FTSE 100 racks up eighth day of gains despite rising insolvencies and unemployment – as it happened

More firms are at risk of tipping from ‘danger’ to ‘distress’, experts warn, as businesses are hit by soaring costs and weak economy

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The Independent UK

Stock market today: Asia mixed despite China growth data

Asian shares are trading mixed Tuesday as pessimism about global uncertainties remained even as China reported a better-than-expected economic growth data

Fortune

China's 19.6% youth unemployment rate may pose 'a threat to social stability'

High youth joblessness defies an otherwise improving economy that grew 4.5% last quarter.

The Independent UK

Volkswagen unveils electric luxury sedan at China auto show

Volkswagen is unveiling an electric luxury sedan that promises a 435-mile battery range as global and Chinese automakers show their latest SUVs, sedans and muscle cars at the world’s biggest auto show

The Times of India

G-7 to back Ukraine indefinitely, seeks stability with China

The Group of Seven nations vowed to support Ukraine for “as long as it takes” in its fight against Russian forces, while also calling for greater engagement with China to stabilize relations with the world’s second-biggest economy.

The Guardian - AU

China’s economy rebounds faster than expected after Covid reopening

First quarter growth rate was higher than forecast by analysts as the country’s retail sector performed better than expected

The Independent UK

Apple Inc bets big on India as it opens first flagship store

Apple Inc. is set to open its first flagship store in India in a much-anticipated launch Tuesday that highlights the company’s growing aspirations to expand in the country it also hopes to turn into a potential manufacturing hub

Reuters

Foxconn founder, seeking Taiwan presidency, has no plan to visit China

Terry Gou, the billionaire founder of major Apple Inc supplier Foxconn, has no plan for now to visit China, he said on Tuesday, in his bid to become the presidential nominee of Taiwan's main opposition party.

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