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The Latest Breaking News from China

Biden says Sweden will 'soon' join NATO at U.S. Air Force address

U.S. President Joe Biden predicted on Thursday Sweden will join NATO "soon", speaking at the U.S. Air Force Academy days after he hinted at a possible deal to overcome Turkey's opposition to admitting the Nordic country to the alliance.

Reuters

Central Asian foreign policy multi-vectorism pays off

A multi-vectored foreign policy as far as the Central Asian nations are concerned should be viewed as the only optimum solution for a lasting peace in the region

The Hindu

Down 22% YTD, is Now a Good Time to Scoop up Shares of NIO?

NIO stock is down 88% from all-time highs and currently trades at a lower valuation compared to its peers. Can the China-based EV stock stage a successful comeback in the second half of 2023?

Barchart

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Twitter and Tesla’s interests at odds in Elon Musk’s quiet China visit

The world’s richest person lapsed into an unusual silence on social media during his trip to the electric carmaker’s second largest market

The Guardian - UK

China says its reporters in India ‘about to drop to zero’ amid mutual expulsions

The Chinese Foreign Ministry on Wednesday said it had taken the measures because “Chinese journalists have suffered unfair and discriminatory treatment in India.”

The Hindu

Argentina's candidate wins vote to lead UN weather agency

Argentina's Celeste Saulo was appointed to head the U.N. weather agency on Thursday, a World Meteorological Organization (WMO) spokesperson said, beating three other candidates, including one from China.

Reuters

Markets Today: Stocks Mixed as Debt Ceiling Bill Goes to the Senate

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.02%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.05%. U.S. stock index futures this morning are mixed. The broader market is finding support today on an easing of U.S. default concerns after the House...

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Russia, China foreign ministers set for BRICS meet in South Africa with war in Ukraine on agenda

The Russian and Chinese foreign ministers are set to meet with their counterparts from the BRICS economic bloc of developing nations in South Africa on Thursday

The Independent UK

War in Ukraine might give the Chinese yuan the boost it needs to become a major global currency -- and be a serious contender against the US dollar

The Chinese economy’s sheer size and rapid growth are impressive.

The Conversation

Taiwan donates $5 million towards rebuilding Ukraine with Lithuania

Taiwan has donated five million dollars towards Lithuanian-led reconstructions projects in Ukraine, a Lithuanian government investment agency said on Wednesday.

Reuters

Trial opens for 3 charged with aiding Chinese campaign to pressure expats into returning home

An American sleuth and two Chinese men are facing jurors in the first trial to come out of U.S. claims that China’s government has tried to harass, intimidate and arm-twist dissidents and others abroad into returning home

The Independent UK

Visas for journos: China says its journalists suffered ‘unfair treatment in India for a long time’

After Wall Street Journal reported on India and China denying visa renewals to each other’s journalists, the Chinese foreign ministry said Chinese journalists had “suffered unfair and discriminatory treatment in India for a long time”.

Newslaundry

China urges U.S. to stop official exchanges with Taiwan under guise of trade

(Corrects date to Thursday, not Monday)

Reuters

China criticizes US plan for trade deal with Taiwan

China’s government has criticized the United States' plans to sign a trade treaty with Taiwan, calling on Washington to stop official contact with the self-ruled island democracy claimed by Beijing as part of its territory

The Independent UK

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The Independent UK

India, Nepal prime ministers meet to deepen ties as China's influence grows in region

Nepal’s prime minister has held talks with his Indian counterpart as India and its rival China bid for influence in the tiny Himalayan nation as part of a greater regional power struggle

Fortune

Hong Kong is bringing back retail crypto trading. Will China be next?

Mainland China officially banned cryptocurrencies in 2021.

The Independent UK

US defense chief calls China's refusal to meet unfortunate during visit to Tokyo for talks

U.S. Secretary of Defense Lloyd Austin is stressing the importance of communication between Washington's and Beijing's defense authorities

Caixin Global

Shanghai Composite Index Ended Nearly Flat on Thursday

Shenzhen Component Index closed up 0.39%

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InsideEVs

Tesla Model 3 “Highland” To Be Revealed By Musk In China Today: Report

Tesla will give an early glimpse of the facelifted Model 3 “Highland” in Shanghai, as part of Elon Musk’s visit to China this week, according to a report published by Bloomberg, citing people familiar with the matter.

France 24

Musk wraps up two-day China visit aimed at boosting Tesla sales

A private jet belonging to Tesla CEO Elon Musk departed Shanghai on Thursday, Chinese flight-tracking data showed, as the tycoon wraps up a visit to China that has seen him express hopes to expand business in the world's largest market for electric vehicles.

The Independent UK

China and key US partner Singapore agree to top-level defense hotline

China and Singapore have laid the groundwork for a hotline between the two countries that would establish a high-level communications link between Beijing and a close American partner in Asia at a time when Chinese tensions with Washington are high and dialogue has stalled

Al Jazeera

US, Philippines, Japan set to hold first-ever joint naval drills

Drills come as US and China ramp up military diplomacy in Asia Pacific, staging more frequent war games with partners.

The Times of India

Elon Musk stays away from Twitter for longest in a year during China trip

Elon Musk, a prolific presence on Twitter and owner of the social media platform, didn’t send any tweets while he was in China for his first visit since the pandemic.

Bangkok Post

Asia's factories signal more pain as China recovery falters

SINGAPORE: Asia’s factories saw further easing in demand in May as China's faltering recovery weighed on a region already smarting from a global trade downturn.

Bangkok Post

Laos expects China's resumption of outbound group tours to boost tourism

VIENTIANE: With the tourism sector in Laos gradually recovering, the Lao government expects that China's resumption of outbound group tours will be a strong boost to the Southeast Asian country's tourism industry.

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