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The Latest Breaking News from China

Brazil Joins China’s Drive to Boost Yuan’s Global Use

Banco Bocom BBM becomes first lender in South America to join China’s yuan cross-border payments system CIPS, weeks after ICBC’s Brazilian branch was appointed the country’s yuan clearing bank

Caixin Global

Bank of China Ex-Chairman Investigated for Alleged Corruption

Liu Liange was removed as BOC’s Communist Party chief in February and relinquished his position of chairman earlier this month

Caixin Global

Hong Kong Bust Nets Half a Million Smuggled Components Worth $4 Million

A man tried to smuggle 510,000 computer parts and devices from low-tax Hong Kong into mainland China. Tech smuggling bust is biggest seen since 2018.

Tom’s Hardware

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TikTok: why the app with 1bn users faces a fight for its existence

Chinese-owned firm caught in geopolitical standoff, with US lawmakers leading charge against it

The Guardian - UK

The Week Unwrapped: Reincarnation, Jack Ma and the nature of time

Olly Mann and The Week delve behind the headlines and debate what really matters from the past seven days. With Jamie Timson, Mariana Vieira and Julia O’Driscoll.

The Week

In Beijing, Spanish PM urges Xi to speak with Ukraine's Zelenskiy

Spanish Prime Minister Pedro Sanchez encouraged Chinese President Xi Jinping on Friday to talk to the Ukrainian leadership and learn first-hand about Kyiv's peace formula to help bring an end to Russia's invasion.

Reuters

Embattled Macron Heads to China, Leaving Burning Paris Behind

French President Emmanuel Macron will head to China next week for a rare visit to the rising superpower, in an awkward balancing act between his global statesman ambitions and his struggle to contain embarrassing pension protests at home. The French leader, whose decision to ram much-disputed pension legislation through parliament…

Asharq Al-Awsat

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UK China Maker Rolls Out Souvenirs for King’s May Coronation

With just five weeks before King Charles III's coronation, a British manufacturer of fine bone china is busy making “God Save the King” commemorative plates and mugs for the historic occasion. Craftspeople at the Duchess China factory in the central England city of Stoke-on-Trent painted delicate gold edges on more…

Asharq Al-Awsat

EU leaders seek to smooth ties between Beijing and Brussels

Spanish Prime Minister Pedro Sanchez said on Friday his country wanted a "balanced relationship with China" shortly after he met with China's President Xi Jinping. The Spanish leader's two-day visit to China comes ahead of next week's trip by French President Emmanuel Macron and Eu Commission president Ursula von der…

Radio France Internationale

World Bank Says Recoveries in Asian Economies Losing Steam

Developing economies in Asia have mostly regained ground lost during the pandemic but are seeing their recoveries stall as productivity lags, the World Bank said in a report released Friday. The report forecasts that growth in the region including China will pick up pace this year after the world's No.…

Asharq Al-Awsat

Embattled Macron heads to China, leaving burning Paris behind

Reuters

Tesla Said To Plan US Battery Cell Factory Using CATL's LFP Tech

As with Ford's LFP cell plant in Michigan, Tesla's factory would be wholly owned by the US EV maker while the LFP technology would be licensed from CATL.

InsideEVs

'Petrodollar' at risk as TotalEnergies sells LNG to China in yuan

Chinese and French energy companies this week finalised the first-ever deal on liquified natural gas (LNG) in China settled in the renminbi yuan currency. The trade, involving 65,000 tons of LNG imported from the United Arab Emirates, marks a major step in Beijing's attempts to undermine the US dollar as…

Radio France Internationale

Historic English pottery rolls out coronation souvenirs

A British manufacturer of fine bone china is busy making “God Save The King” commemorative plates and mugs for King Charles II's May 6 coronation

The Independent UK

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Asharq Al-Awsat

Chinese Companies Rush for US Listings ahead of New Rules

The number of US IPOs by Chinese firms jumped in March, as some of them rushed to set up offshore listings before rules take effect that will complicate the process, though with markets jittery, several met with a tepid response. Seven Chinese firms including Chanson International and Hongli Group have…

Reuters

China's overtures to foreign firms fall on familiar ears at 'Asia's Davos'

'China is open for business' was the message its newly-appointed Premier Li Qiang delivered this week to the Boao Forum, an international summit sometimes touted as Asia's answer to the World Economic Forum's meetings in Davos.

The New Daily

Britain joins Australia and 10 other nations in Pacific trade pact

The UK has struck a deal to join an 11-country trans-Pacific trade pact that includes Japan and Australia as it looks to deepen ties in the region and

The Independent UK

Members of exiled Chinese church detained in Thailand

Supporters of a Chinese Christian church say more than 60 members have been detained in Thailand, raising fears they may be returned to their home country where they face possible persecution

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The Independent UK

China factory activity grows at slower pace in March

A government survey shows China’s factory activity grew at a slower pace in March but was stronger than expected following the end of anti-virus restrictions

Reuters

China rolls over $2 billion loan to Pakistan as it struggles with external liquidity

Pakistani Finance Minister Ishaq Dar said on Friday China had rolled over a $2 billion loan that matured last week, providing relief during the South Asian nation's acute balance of payment crisis.

The Guardian - UK

So Long, My Son to ET: the seven best films to watch on TV this week

A heartbreaking drama about the emotional fallout of China’s one-child rule, and Spielberg’s miraculous classic about a cute little alien

Al Jazeera

Australia says ‘deep concerns’ over journalist detained in China

Chinese-Australian Cheng Lei has yet to receive a verdict after more than two and a half years in detention.

Reuters

Hong Kong transgender protesters say government is not abiding by landmark ruling

A group of Hong Kong transgender people staged a small protest on Friday against a delay by authorities in changing the gender indicated on their identity documents, saying they have yet to be fully recognised despite a landmark court ruling in February.

The Independent UK

AP News Digest 3:25 a.m.

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 stages combat patrols after warning Taiwan about U.S. speaker meeting

Nine Chinese aircraft crossed the Taiwan Strait's median line on Friday carrying out combat readiness patrols, Taiwan's defence ministry said, days after Beijing threatened retaliation if President Tsai Ing-wen meets U.S. House Speaker Kevin McCarthy.

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