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The Latest Breaking News from China

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

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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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ITF resumes tennis in China with no word on Peng Shuai

The International Tennis Federation will play tournaments this year in China

The Independent UK

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.

The Week

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.

InsideEVs

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.

Reuters

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

The Independent UK

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...

Barchart

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

The Independent UK

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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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Reuters

Factbox-Diplomatic competition between Taiwan and China

Taiwan and China have engaged for years in competition for diplomatic recognition, but the pendulum has long swung decisively in Beijing's favour.

The Guardian - UK

Rival protests in Los Angeles as Taiwan’s president arrives for visit

Tsai to meet the US House speaker, Kevin McCarthy, which China has called a ‘provocation’

Bangkok Post

Japan to start providing military aid abroad

TOKYO: Japan will begin offering aid to the militaries of “like-minded countries”, as Tokyo embraces a more proactive defence strategy to address growing regional threats.

Reuters

US, Taiwan seen powerless to stem island’s diplomatic losses in Latin America

As China seeks to further whittle down the list of seven countries in the Americas that still recognize Taiwan, U.S. officials increasingly believe Paraguay may be the island’s next diplomatic ally to flip loyalties to Beijing.

France 24

As France's Macron visits China, rebalancing trade ties tops agenda

French President Emmanuel Macron and EU Commission President Ursula Von der Leyen begin a three-day visit to China this Wednesday, with a delegation of more than 50 business leaders in tow. But while there is eagerness to revive ties with a Chinese economy that's opening up again, other geopolitical considerations…

WEKU

Taiwan's President Tsai meets Kevin McCarthy despite China's warnings

For President Tsai Ing-wen, the meeting capped off a high-stakes trip intended to prove to voters that strengthening U.S. ties is worth the fallout, as Taipei's relations with China deteriorate.

The Independent UK

Ai Weiwei, Design Museum review: The master provocateur creates timeless beauty from historical objects

The exiled Chinese artist turns his industrial-scale collecting into sinister yet quietly moving, meditative works in Making Sense

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