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The Latest Breaking News from China

Mexico develops own COVID-19 vaccine, 2 years late

Mexican officials are crowing about the country finally developing its own COVID-19 vaccine, more than two years after inoculations from the U.S., Europe and China were rolled out

The Independent UK

Starbucks ‘Disappointing Outlook’ a Big Reason to Buy

Starbucks reported its Q2 2023 earnings on Tuesday after the close. It beat estimates on both the top and bottom lines. Yet its disappointing outlook knocked SBUX down more than 9% in Wednesday trading. Consider it a buy.

Barchart

China to launch 1st-ever sample return mission to moon's far side in 2024

China will attempt to collect the first samples from the far side of the moon next year with its Chang'e 6 mission.

Space

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WHO dismisses lead COVID origins investigator for sexual misconduct

The World Health Organization said on Wednesday that it has dismissed a senior scientist, known for his role as the head of an international mission to China to probe the origins of COVID-19, for sexual misconduct.

Reuters

New legislation to counter China pushed by Senate Democrats

Senate Democrats have launched a new legislative effort aimed at taking on China

The Independent UK

Canadian lawmaker says China targeted his family for harassment

Michael Chong accused Trudeau’s government of turning blind eye while Chinese diplomat gathered information in Canada

The Guardian - US

China’s Factory Activity Unexpectedly Contracts in April

Decline in purchasing managers’ index reflects weak global demand and suggests the recovery is still lopsided with consumption outpacing production

Caixin Global

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China And Israel Hold Free Trade Agreements For The First Time Since 2019

China's influence in the Middle East has grown as it has been the second largest exporter to Israel with the delivery of cars.

Zenger

US Senate launches latest legislative effort to take on China

Congressional push comes as US secretary of state says he will reschedule China visit cancelled over ‘spy balloon’ row.

Al Jazeera

Senate Democrats announce sweeping effort to outcompete China - Roll Call

Senate Democrats are mobilizing virtually all committees for a massive legislative package to bolster the U.S. against the Chinese government.

Roll Call

Mahuta avoids Aukus: 'Independence should not be confused with isolation'

Foreign Affairs Minister Nanaia Mahuta's latest foreign policy speech was light on truly new diplomatic insights, but did give a sense of the pressure being felt by the Government around Aukus discussions

Newsroom.co.nz

Why NZ should join Aukus Pillar II

Aukus agreement opens up possibilities for multilateral co-operation, and NZ involvement would help to provide a better deterrent to Chinese military development and potential escalation in the Pacific, argues Sukura Gregory

Newsroom.co.nz

'A gnawing fox hidden in the woods': Hong Kong writing, 2023

A final report from our special series on Hong Kong literature.

Newsroom.co.nz

Canada's spy agency withheld information about China's threats to lawmaker -PM Trudeau

Canada's spy agency withheld information about Chinese threats against a Canadian lawmaker and his family in 2021, Prime Minister Justin Trudeau said on Wednesday, adding that he had told the agency that in the future such threats must be revealed immediately.

Reuters

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StockNews.com

The Best Steel Stocks to Invest in for the First Week of May

After a challenging last year, the steel industry looks well-positioned for growth as inflation eases and the Fed looks to end its interest rate hikes. With the reopening of China and the anticipated rise in demand, investors could benefit from buying fundamentally strong steel stocks Reliance Steel & Aluminum (RS)…

The Hindu

Jaishankar to hold talks with Chinese FM Qin, Lavrov, host Pakistan FM in Goa

External Affairs Minister S. Jaishankar will hold talks with Foreign Ministers of China and Russia, and other counterparts of the eight-nation Shanghai Cooperation Organisation (SCO) on May 4

Reuters

Blinken says he hopes to reschedule trip to China this year

U.S. Secretary of State Antony Blinken said on Wednesday he was hopeful he could reschedule a visit to China this year after his planned trip in February was canceled following the appearance of a Chinese high altitude balloon over the United States.

Bangkok Post

May Day tourism in China reaches pre-Covid levels

SHANGHAI: Tourism in China during the May Day holiday rebounded to pre-Covid levels, as the number of domestic trips rose by 70.8% from a year earlier, government data showed on Wednesday.

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Reuters

US Senate Democrats launch renewed effort to counter China

U.S. Senate Democrats launched a renewed effort to stave off competition from China on Wednesday, planning legislation to boost the country's ability to face up to the Asian powerhouse on issues from technology to security and threats to Taiwan.

Reuters

China tourism rebounds to pre-COVID levels during May Day holiday

China's tourism business during the May Day holiday rebounded to pre-COVID levels, as the number of domestic trips rose by 70.8% from a year earlier, government data showed on Wednesday.

Tom’s Hardware

Smugglers Hid 70 Graphics Cards Among 617 Pounds of Live Lobster

Smugglers busted with 617 pounds of live lobsters and 70 Quadro graphics cards in their van, going from HK to the mainland.

The Independent UK

Swiss lower house approves closer ties to Taiwan legislature

Switzerland’s lower house of parliament has voted to tighten ties with the legislature in Taiwan, a move that could further rankle China after recent visits by Western lawmakers to the island

The Times of India

Heena to lead Indian challenge in Asian Junior Athletics Championships

KOLKATA: Teenage sprinter Rezoana Mallick Heena announced her arrival on the international stage by ending up with three medals -- two gold in the girl’s 400m and girl’s 4x400m team relay events and a silver in the girl’s 200m to help India end overall second behind China in the fifth…

Asharq Al-Awsat

Estee Lauder Expects Gloomier 2023 on Slow Asia Travel Retail

Estee Lauder Cos Inc forecast a bigger drop in full-year sales and profit on Wednesday on a slower-than-expected recovery in Asia travel retail and major market China, sending its shares down about 10% in premarket trade. Even though China has relaxed pandemic-related restrictions, Estee flagged that January 2023 was pressured…

Bangkok Post

Jack Ma returns to public life with professorships

Jack Ma, the face of Chinese entrepreneurship and the founder of Alibaba Group Holding, has assumed professorships in at least four schools outside mainland China, as he keeps an arm's length from the business empire he created.

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