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The Latest Breaking News from China

Wine industry still drowning in red wine despite disease-hit vintage reducing yields

Australia's wine industry is limping to the end of one of its most difficult vintages, with widespread disease dramatically cutting yields and a glut of red wine leaving many growers unable to find buyers.

ABC News

Philippines' Marcos to forge stronger relationship with US during visit

Philippine President Ferdinand Marcos Jr said his meeting with U.S. President Joe Biden on Monday was essential in advancing his country's national interest and strengthening the "very important alliance" between Manila and Washington.

Reuters

Women in China speak out about divorce on social media as separation rates rise

As divorce rates rise in China, women are speaking out about their experiences to tackle negative perceptions.

ABC News

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Under Vibrant Villages programme, 17 border villages to be developed as tourist destinations

The government has decided to develop 17 villages along the border with China as tourist destinations under the Vibrant Villages programme

The Hindu

US says Chinese coast guard harassing Philippine vessels

The United States urged China on Saturday to stop harassing Philippine vessels in the South China Sea, pledging to stand with the Philippines after another maritime confrontation between the two Asian countries.

Reuters

How war in Taiwan could mean the wheels come off the UK economy

Microchips are an issue, of course, but China also makes the alloy wheels our cars mostly roll on. And what about TikTok?

The Guardian - UK

Most countries prefer U.S. global leadership to China's

Approval of Russia plummeted after the invasion of Ukraine.

Axios

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Construction of China's fifth base in the Antarctic worries west

For the first time since 2018, China is increasing its Antarctic footprint. A Washington-based think tank says Beijing has resumed construction of its fifth station at the South Pole, worrying western governments.

Radio France Internationale

The Stats Guy: Double export status gives Australia a rare geopolitical advantage

A nation that exports more than it imports is a net exporter. Being self-sufficient is great as you don’t rely on trade.

The New Daily

Tickets to popular China tourism sites sold out as Labour Day holiday begins

Passenger travel on the first day of China's five-day Labour Day holiday surged 151.8% from the same day last year, state broadcaster CCTV reported on Saturday.

Reuters

Biden to attend Pacific summit in Papua New Guinea

WASHINGTON: US President Joe Biden will meet 18 leaders from the South Pacific when he visits Papua New Guinea in May, a top regional diplomat said onnSaturday, as the United States and China vie for influence.

Bangkok Post

US ex-security adviser calls for closer ties with Taiwan

A former U.S. national security adviser has called for deeper interaction between his country and Taiwan during a visit to the self-ruled island, which has seen increasing military threats from China

The Independent UK

India's ties with China 'abnormal' due to violation of border management agreements by Beijing: Jaishankar

Earlier this week, India firmly told China that its violation of the border pacts has “eroded” the entire basis of bilateral ties and that all issues relating to the frontier must be resolved in accordance with the existing agreements. Read the full story on The Hindu.

The Hindu

Political fears hit China stocks

Decades-long foreign bullishness on China's capital markets is breaking down, investment flows and interviews with fund managers suggest, with a new era of uncertainty fuelled by geopolitical risks and US investors especially wary.

Bangkok Post

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The Guardian - UK

‘Publishing these books is a risk’: Taiwan’s booksellers stand up for democracy

Detention of publisher Li Yanhe in China for ‘endangering national security’ has sent chills through island’s literary community

Reuters

China weighs giving single women IVF access to stem population decline

As China tries to slow its demographic decline, women like Chen Luojin could be part of the solution.

Al Jazeera

Canadian prime minister slams rise of ‘authoritarianism’

In a speech, Justin Trudeau called on ‘like-minded democracies’ to use economic incentives to combat authoritarianism.

Bangkok Post

KAsset is feeling bullish on China amid reopening

Kasikorn Asset Management (KAsset), the largest mutual fund company by assets under management (AUM), reports a healthy start to the year with net inflows of more than 30 billion baht in the first quarter.

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Bangkok Post

Sources of East Asia's industrial capabilities

As the US works to limit China's access to advanced technologies like semiconductors, it cannot ignore its own dependence on small Asian economies like South Korea and Taiwan for many of those same technologies. The question the US and its allies must ask, then, is how reliable these economies are…

Bangkok Post

Defence, not diplomacy

The Royal Thai Navy (RTN) seems to have had a change of heart in relation to its trouble-riddled task of procuring a submarine engine from the Chinese government.

Reason

Biden and Congressional Democrats Support Policies That Will Undermine Their Own Clean Energy Goals

The House passed a resolution that will reimpose tariffs on solar panels from China, while the EPA sits on applications for carbon capture technology that may soon be mandatory.

Caixin Global

Shagang Sues Fosun for Breach of Contract in $1.97 Billion Steel Sale

After China’s largest privately owned steelmaker cut a deal to buy Fosun’s 60% of Nangang Iron & Steel, Nanjing Steel together with Citic swooped in to preempt the transaction

Barchart

What Could Replace the US Dollar as World Reserve Currency?

For the past 90+ years, the US Dollar has been the reserve currency of the world. Yet in recent years, that dominance has been shrinking. Speculation has been surging that there is a new challenger on the horizon to ultimately unseat the Greenback. What will it be?

The Hindu

Letters to The Editor — April 29, 2023

Readers’ mail to The Hindu’s Letters to The Editor

France 24

Sudan, Biden up for re-election, Erdogan's health and China-Ukraine relations

What to expect when the most powerful person in the world announces he's running for re-election and he's already a record-breaking 80 years old? Turkey's president also drew attention to his health this week. We'll also ask our Friday panel of journalists whether a wolf warrior diplomat's pronouncements in Paris…

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