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The Latest Breaking News from China

China says it won't seek to benefit from war in Ukraine

China’s foreign minister says his country has no intention of benefiting from the war in Ukraine and hopes for further talks on a peace plan Beijing proposed earlier this year

The Independent UK

Biden to visit Papua New Guinea in a presidential first after G7

U.S. President Joe Biden will become the first U.S. sitting president to visit Papua New Guinea this month with a trip following the G7 in Japan, marking the administration's investment in the Pacific region to counter China.

Reuters

Tapping the nascent market for donkey milk in Andhra Pradesh

Donkey milk is the latest fad in Andhra Pradesh, with a litre of the milk fetching close to 2,000. However, concerns remain over illegal slaughter of the animals which could see a drastic fall in their numbers, similar to what occurred in China.

The Hindu

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China says it's in touch with all parties in seeking Ukraine ceasefire

Chinese Foreign Minister Qin Gang said on Tuesday that Beijing would maintain lines of communication with all parties to the war in Ukraine, including Germany, in seeking a ceasefire.

Reuters

Canada will not be intimidated by China, says PM Trudeau

Prime Minister Justin Trudeau said on Tuesday Canada will not be intimidated by retaliation from China after Beijing expelled a Canadian diplomat in a tit-for-tat response to Ottawa's decision to expel a Chinese diplomat on Monday.

Reuters

Markets Today: Stocks Slip as Bank Stocks Fall and Chinese Imports Plunge

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.33%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.50%. U.S. stock index futures this morning are moderately lower. A drop of more than -15% in PacWest Bancorp in pre-market trading is leading regional bank...

Barchart

LinkedIn cuts more than 700 jobs and winds down China app

The professional networking platform has become the latest tech giant to announce redundancies

Wales Online

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Why is TikTok being targeted by the RESTRICT Act?

The new bill seems to be the US government's best shot to finally ban TikTok for all Americans. But, how did we get here?

TechRadar

Australia to boost Pacific, defence spending in budget

Australia said on Tuesday that it would spend billions of dollars to improve ties with neighbouring Pacific nations and shore up its defence capabilities, as it looks to counter China's growing strategic influence in the region.

Reuters

Liz Truss to visit Taiwan and give speech that could upset UK’s China strategy

Ex-PM, who is trying to revive career, says she will ‘show solidarity’ with Taiwan after Nancy Pelosi visit sparked furore

The Guardian - UK

Stocks Move Lower Before the Open as China Trade Data Disappoints, U.S. CPI Looms

June S&P 500 futures (ESM23) are down -0.38%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.43% this morning as market participants digested soft Chinese trade data while looking ahead to a busy week in terms of corporate earnings results and economic data.

Barchart

British ex-premier Truss to visit Taiwan next week

Former British prime minister Liz Truss will visit Taiwan next week and meet senior members of the government, her office said on Tuesday, a move that could anger China amid strains in its relationship with the current British government.

Reuters

Failed PM Liz Truss heads to Taiwan to attack China's 'increasingly aggressive' conduct

The former Prime Minister risks creating a diplomatic headache for Rishi Sunak when she flies to the Far East next week to deliver a speech showing solidarity with the breakaway island, which China has vowed to retake - by force if necessary - by 2050

Daily Mirror

Liz Truss to visit Taiwan to show ‘solidarity’ in face of China threats

The former prime minister said Beijing was showing ‘increasingly aggressive behaviour’ towards Taipei City.

The Independent UK

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Reuters

EU must reduce risks in China relations without cutting ties - Scholz

The European Union should reduce risks in its relations with China as Beijing is becoming increasingly assertive in competing with the 27-nation bloc, German Chancellor Olaf Scholz said on Tuesday.

Reuters

Australian journalist nears 1,000 days in detention in China on state secrets charge

Politicians, business people and friends of Australian journalist Cheng Lei, who will reach 1,000 days of detention in Beijing on Wednesday, called for a faster resolution of her case as diplomatic ties between the trade partners stabilise.

Salon

Experts: New Pentagon stats "stunning"

Military-industrial complex uses unprecedented influence to corrupt D.C. and starve funding for everything else

Fortune

LinkedIn shuts service in China, lays off employees

LinkedIn was once one of the few successful foreign digital platforms in China, offering a local version that complied with Chinese censorship rules.

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Reuters

China should set clear rules for due diligence sector amid probes - US business lobby

The American Chamber of Commerce in Shanghai said on Tuesday it was concerned about reports of investigations into U.S. due diligence and consulting firms in China and urged authorities to provide more guidance for the sector.

Bangkok Post

iPhone maker Foxconn buys huge site in India

BENGALURU, India: Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Indian tech hub Bengaluru, the key Apple supplier said in a filing Tuesday as it looks to diversify production away from China.

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 expulsion of Canadian diplomat was 'just and necessary'

The expulsion of a Canadian diplomat was "just and necessary", a Chinese foreign ministry spokesperson said on Tuesday.

Al Jazeera

China to expel Canadian diplomat in tit-for-tat move

Expulsion comes after Canada said it was sending home a Chinese diplomat for trying to intimidate a Canadian legislator.

The Independent UK

UK official visits Hong Kong after years of strained ties

The first British minister visiting Hong Kong in five years said his country will not “duck” its historic responsibilities to people living in its former colony while engaging with China in areas they share common interests

Reuters

Chinese woman seeking to freeze her eggs makes final appeal in court

An unmarried Chinese woman made a final appeal in a court on Tuesday in her bid to sue a hospital for violating her rights by refusing to freeze her eggs because she is single.

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