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The Latest Breaking News from China

Stock Index Futures Mixed as U.S. Debt Ceiling Uncertainty Weighs on Sentiment, PMI Data in Focus

June S&P 500 futures (ESM23) are down -0.11%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.02% this morning as the U.S. debt ceiling impasse kept risk sentiment fragile, while market participants awaited U.S. business activity data.

Barchart

Taiwanese Reporters Denied Press Passes for WHA

The foreign ministry called the incident “a serious violation of a universal human right and the principle of justice for all that the UN aims to embody.”

The News Lens

China-Based Gotion Unveils 621-Mile Battery, Mass Production To Begin Next Year

With mass production set to begin in 2024, the new battery has already passed all the necessary safety tests and that it can potentially last for up to 4,000 charge-discharge cycles.

InsideEVs

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Business group: Companies in China want 'clarity' after security rule changes, raids on consultants

A business group says foreign companies in China want “greater clarity” about changes in China’s cybersecurity and other rules and how the ruling Communist Party will enforce them after they were rattled by raids on consulting firms

The Independent UK

Shanghai Composite Index Fell 1.52% on Tuesday

Shenzhen Component Index closed down 1.03%

Caixin Global

Training Ukrainians on F-16s does not make NATO 'party to the conflict', alliance says

Training Ukrainian pilots to fly US-built F-16 fighter jets does not make NATO "a party to the conflict", alliance chief Jens Stoltenberg said on Tuesday, although he added that it would send the message that NATO is "there for the long term”. Poland's defence minister said later in the day…

France 24

US calls for Evan Gershkovich’s immediate release after Moscow extends WSJ reporter’s detention – as it happened

White House spokesperson says US authorities working hard to secure journalist’s release after his detention on spying charges in March

The Guardian - AU

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Outcry as World Health Assembly locks out Taiwan under pressure from China

Taipei criticises ‘unfair and unjust’ decision to deny observer status despite support from US, UK, France and other countries

The Guardian - AU

With the Death of Pema Tseden, Tibetan Cinema Just Lost Its Most Iconic Director

With his death, Tibet has lost a voice that spoke with great humanity through images and words about the challenges and hardships of being Tibetan in 21st-century China.

The News Lens

Russian PM arrives in China for business forum, talks with Xi

China’s deepening economic and political relationship with Russia has not been derailed by Moscow’s invasion of Ukraine.

Al Jazeera

Papua New Guinea’s security deal with the US is a win for Washington – for now

Prime minister James Marape was at pains to say he did not want to be forced to make a choice between the US and China

The Guardian - AU

China's Sinopec signs agreement to enter retail fuel market in crisis-hit Sri Lanka

Chinese petroleum giant Sinopec has signed an agreement with Sri Lanka to enter its retail fuel market

The Independent UK

Chinese citizens sue Florida over ban on home purchases

The American Civil Liberties Union sued Florida over a law championed by Gov. Ron DeSantis that bars most Chinese citizens from buying homes in the state.

Tribune News Service

Australia welcomes US-Papua New Guinea defence pact

The Australian government on Tuesday welcomed a defence cooperation agreement between its closest neighbour Papua New Guinea (PNG) and the U.S. aimed at bolstering regional security amid China's plans to increase influence in the Pacific.

Reuters

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Reuters

Moscow says G7 nuclear rhetoric intended to pressure Russia, China

Russia's Foreign Ministry said on Monday that Group of Seven nuclear "rhetoric" has the sole aim of exerting psychological, military and political pressure on Moscow and Beijing.

Axios

Biden seals 3 deals in Pacific islands as U.S. competes with China

China's moves in the region spurred Biden to action.

The New Daily

No easy solution to solving Chinese relationship puzzle

Defence Minister Richard Marles says Australia needs to balance its relationship with China against trade interests and the threat of military confrontation.

PC Gamer

Activision Blizzard says it's 'committed to the Chinese market' following China's approval of Microsoft acquisition

Activision Blizzard gets a little good news from China for the first time in a while.

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Bangkok Post

TAT to boost safety measures

With the number of Chinese visitors hitting 1 million, the Tourism Authority of Thailand (TAT) and Tourist Police Bureau have committed to strengthening safety measures for travellers.

Irish Mirror

Baby formula could be targeted by black market thieves after huge price hike

Fed up parents described the soaring prices as “absolutely nuts”

Reason

Josh Hawley Wants the Debt Ceiling Deal To Include a Massive Tax Hike on Americans

Hawley might call them "tariffs on China," but that's obvious nonsense: Tariffs are paid by Americans.

Newcastle Herald

NSW should consider selling Nobbys Road flats to people who appreciate them

'This unique complex deserves to be occupied by tenants who appreciate the architecture.'

The Times of India

Optical Illusion: Hiker thought he saw a 'ghost'; here's what this spooky figure was

A hiker in the Sichuan province of China thought they were seeing a ghost because they thought they could make out the shape and picture of a "ghost" in the distance, along with shining haloes and beams of sunlight through the clouds. The hiker thought the creature was waving to…

Barchart

Markets Today: Stocks Mixed as Debt Ceiling Negotiations Continue

Morning Markets U.S. stock indexes this morning are mixed. The S&P 500 Index ( $SPX ) ( SPY ) is up +0.10%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is down -0.27%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is up +0.41%....

StockNews.com

2 Consumer Stocks to Buy for Long-Term

With consumers showing resilience in the face of growing headwinds, consumer stocks Altria Group (MO) and China Automotive (CAAS) could be worth buying. These stocks could be worth adding to your long-term portfolio. Read on.

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