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The Latest Breaking News from China

China to ‘fill the gap’ in Solomon Islands budget as PM blasts ‘unneighbourly’ Australia and US

Manasseh Sogavare accuses Australia of pulling budget support amid continuing fallout from Honiara’s policing pact with Beijing

The Guardian - AU

City fears of global slowdown mount as China’s rebound falters

Closer to home, inflation woes add to feeling of unease ahead of the latest CPI reading this week

Evening Standard

US climate envoy meets Chinese counterpart on hottest ever day in China

John Kerry arrives in Beijing as temperature hits 52.2C in Xinjiang – where authorities tell workers and students to stay at home

The Guardian - UK

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Stocks Set to Open Lower as Investors Brace for Earnings Season, Chinese GDP Data Disappoints

September S&P 500 futures (ESU23) are down -0.14%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.03% this morning as market participants digested the latest economic data from China while looking ahead to a busy week of corporate earnings.

Barchart

Stocks Set to Open Mixed as Investors Brace for Earnings Season, Chinese GDP Data Disappoints

September S&P 500 futures (ESU23) are down -0.04%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.09% this morning as market participants digested the latest economic data from China while looking ahead to a busy week of corporate earnings.

Barchart

The Barbie ban and China’s hold over Hollywood

Vietnam has banned the new “Barbie” film because it features a map showing China’s claim to the South China Sea.

The Week

Tesla Cyberquad ATV For Kids Goes On Sale In China, Costs $1,700

The kid-oriented electric quad is back on sale, albeit in what appears to be a different variant, less than one year after being banned in the US.

InsideEVs

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China records its hottest ever temperature as mercury hits 52.2C

Several Chinese cities opened air raid shelters earlier this month to offer citizens relief from the extreme weather

Evening Standard

Mixue on the march: ice cream serves soft power for China in Southeast Asia

Mixue has dominated Southeast Asia’s ice cream and tea businesses for five years, having opened its first outlet in Vietnam in 2018. Based in China, where it operates 22,500 stores. Around 1,000 Mixue outlets now operate in several Southeast Asian countries including the Philippines, Thailand and Indonesia. In comparison, despite…

The Conversation

Solomon Islands leader hits back at criticism of deepening security ties with China

The leader of Solomon Islands is hitting back at criticism of his nation’s deepening security ties with China, saying the United States and Australia have nothing to fear

The Independent UK

UK mortgage rates stabilise for first time since May; Rising interest rates knock £2.1tn off household wealth – as it happened

UK mortgage rates held steady today, as a new report shows that rising interest rates have reversed rise in household wealth

The Guardian - UK

Shanghai Composite Index Fell 0.87% on Monday

Shenzhen Component Index closed down 0.63%

Caixin Global

FTSE 100 Live: China GDP stokes growth worries, mining stocks struggle

China’s lacklusrte GDP performance today put pressure on global stock markets.

Evening Standard

Afternoon Update: climate crisis hits as temperatures soar above 50C; Australian rescued after two months in Pacific; and a Women’s World Cup guide

China and US meet to begin climate talks in Beijing to address a ‘challenge to all of humanity’

The Guardian - AU

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news in one place.

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AAP

Albanese flags 'likely' meeting with Chinese president

A meeting between Anthony Albanese and the Chinese president is likely this year with officials discussing arrangements, the prime minister says.

Radio France Internationale

Algerian president in China to push bid to join BRICS group of emerging markets

Algerian President Abdelmadjid Tebboune starts a four-day visit to China on Monday as part of an effort to joint the BRICS group of emerging markets.

The Independent UK

EU and Latin American leaders hold a summit hoping to rekindle relationship with long-lost friends

European Union and Latin American leaders are gathering for a major summit of long-lost relatives

The Independent UK

Stock market today: Asian shares mostly lower after China reports weaker than expected growth in 2Q

Asian shares are mostly lower after China reported weaker growth than forecast in the last quarter

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The Independent UK

Climate envoy John Kerry in Beijing talks as US seeks to raise China relations from historic low

U.S. climate envoy John Kerry is holding talks with his Chinese counterpart in Beijing as the U.S. seeks to restore contacts with China amid disputes over trade, Taiwan, human rights and territorial claims

RideApart

Chinese Motorcycle Brand Jonway Debuts The YY800-2 Cruiser

Chinese motorcycle brand Jonway has launched its newest model in China, the YY800-2 cruiser. The cruiser borrows styling cues from the Indian Scout Bobber.

The Guardian - AU

China GDP growth falls short of expectations as sinking property prices hit economy

Data shows the economy grew just 0.8% in the June quarter, down from 2.2% in the first three months of 2023

The Independent UK

China's economy grew 6.3% in the second quarter, lower than expected as momentum slows

China’s economy grew 6.3% in the second quarter after near-stagnant growth a year earlier

Tribune News Service

China intensifies military drills with Russia amid US sanctions

Chinese President Xi Jinping has resisted crossing Washington’s red lines over arming Russia’s war machine in Ukraine. But that hasn’t stopped China edging closer to Moscow’s military in another way: direct engagement.

The Guardian - AU

New Zealand PM says Pacific region less secure amid China’s rise

Chris Hipkins says Beijing exerting influence is ‘major driver’ of increasing competition in the Indo-Pacific

InsideEVs

China: More Than 600,000 Plug-In Cars Were Sold In May 2023

In May, some 614,361 new passenger plug-in electric cars were registered in China, which is 54 percent more than a year ago.

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