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The Latest Breaking News from China

US House Speaker McCarthy greets Taiwan president despite Beijing's threats

US House Speaker Kevin McCarthy met Taiwanese President Tsai Ing-wen in California on Wednesday, becoming the most senior US figure to meet a Taiwanese leader on US soil since 1979 despite threats of retaliation from China, which claims self-ruled Taiwan as its own.

France 24

US-China tensions to rise as House Speaker in historic meeting with Taiwan President

Mr McCarthy greeted President Tsai on her arrival at the Ronald Reagan Presidential Library in Southern California in a historic first since the US broke formal diplomatic relations with Taiwan in 1979

Daily Mirror

McCarthy meets Taiwan President Tsai despite China's threats

Beijing warned of "severe confrontation" over the visit.

Axios

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US Speaker McCarthy meets Taiwan’s Tsai despite China pressure

China has denounced the meeting with Taiwan’s president as a provocation, in violation of its ‘One China’ policy.

Al Jazeera

House leader, Taiwan president hold historic meeting in US

House Speaker Kevin McCarthy and Taiwan's President Tsai Ing-wen are beginning a historic high-level meeting on U.S. soil

The Independent UK

Tennis resumes in China without Peng Shuai resolution

The WTA suspended all tournaments in China after Peng Shuai’s disappearance from public view

The Independent UK

Kia Lifts 2030 EV Sales Goal To 1.6M, Confirms EV5 For Q4 2023 Debut

The carmaker targets a 15-model BEV lineup by 2027, and it will build key BEVs in the US, small and mid-size BEVs in Europe and China, and small BEVs in India.

InsideEVs

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Crude Prices Weaker as a Slowing U.S. Economy Undercuts Energy Demand

May WTI crude oil (CLK23 ) this morning is down -0.55 (-0.68%), and May RBOB gasoline (RBJ23 ) is up +3.79 (+1.38%). May Nymex natural gas (NGK23 ) is up +0.039 (+1.85%). Crude oil and gasoline prices this morning are mixed. A stronger dollar today is weighing on crude prices....

Barchart

Kamala Harris's visit underscores the tricky choices Zambia is making about international allies

US vice-president Kamala Harris’s recent visit to Zambia is an example the country’s increased engagement with western nations. It gave fresh impetus to the view that Zambian president Hakainde Hichilema is strongly aligning the country to the west.

The Conversation

Why Macron and Von der Leyen face a tough trip to China – even if they are all smiles on the surface

The differing styles of the French president and the European Commission president may help create a united front over Ukraine, but Xi Jinping holds plenty of cards, writes Borzou Daragahi

The Independent UK

China’s Insatiable Demand for Gold Explained

China continues to add huge quantities of gold to its reserve, as it looks to displace the Petrodollar for the Petroyuan.

Barchart

President Macron says China has 'major role' to play in Ukraine conflict

President Emmanuel Macron said on Wednesday that China had a "major role" to play in finding a path to peace in Ukraine, as the French leader embarked on a three-day visit to Beijing.

Radio France Internationale

Thai officials say Chinese church members to be deported soon

Members of Shenzhen Holy Reformed Church say they faced unbearable harassment in China and sought asylum in the US.

Al Jazeera

Dueling presidential visits to US and China show opposing visions for Taiwan

TAIPEI, Taiwan — In Los Angeles, Taiwanese President Tsai Ing-wen is preparing to meet with U.S. House Speaker Kevin McCarthy on Wednesday in a show of the strength of relations between Taipei and Washington.

Los Angeles Times

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The Independent UK

ITF resumes tennis in China with no word on Peng Shuai

The International Tennis Federation will play tournaments this year in China

The Week

Deep-sea mining: can it help solve our climate problems?

A growing controversy is swirling around deep-sea mining, which aims to extract valuable minerals from the ocean floor.

InsideEVs

BYD Sold More EVs Than Tesla In 2022, Income Skyrockets Over 400%

BYD’s profit rose more than five times last year when the Chinese carmaker achieved record deliveries. The company continues to take market share from Tesla.

Reuters

Russia's Belarus nuclear threat shows "empty promises" of China statement: Stoltenberg

Russia's announcement that it will station tactical nuclear weapons in Belarus shows that a Russia-China joint statement days earlier amounted to "empty promises", NATO Secretary General Jens Stoltenberg said on Wednesday.

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The Independent UK

Macron says China could play ‘major role’ in Ukraine peace as he arrives in Beijing

French president says it is not in China’s interests to arm Russia and cause a lasting war

Barchart

Markets Today: Stock Indexes Slightly Lower as Bond Yields Slip on Weak Mar ADP Employment

Morning Markets June S&P 500 futures (ESM2 3) this morning are down -0.20%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.16%. U.S. stock index futures this morning recovered from overnight losses and are only slightly lower as bond yields fall on signs of a softening labor market...

The Independent UK

Thai police say Chinese church members to be deported soon

Officials say more than 60 self-exiled members of a Chinese Christian church who were detained in Thailand after receiving U.N. refugee status will be deported by next week, probably to a third country

Reuters

China sends carrier group off Taiwan coast ahead of US meeting

Taiwan's defence ministry said on Wednesday a Chinese aircraft carrier group was in the waters off the island's southeast coast, the same day President Tsai Ing-wen was due to meet U.S. House Speaker Kevin McCarthy in Los Angeles.

The Independent UK

Macron in China urges 'shared responsibility for peace'

French President Emmanuel Macron says he wants to “engage China toward a shared responsibility for peace” in Ukraine when he meets Chinese leader Xi Jinping this week

The Independent UK

To counter China, US trade rep seeks closer ties to allies

The Biden administration is pressing its case for a new approach to global trade

Asharq Al-Awsat

Asian Cup Confirmed for Jan-Feb Slot in Qatar Next Year

The next edition of the Asian Cup will be held in Qatar from Jan. 12 to Feb. 10 in 2024, the Asian Football Confederation (AFC) confirmed on Wednesday. The quadrennial continental championship was awarded to China in 2019 but the world's most populous country relinquished the rights this year as…

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