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The Latest Breaking News from China

Investors cheer signs of end to US debt drama

RECAP: Asian shares rose on Friday as increased hopes of a deal over the US debt ceiling and strong economic data lifted sentiment, while Japan's Nikkei index jumped to its highest level in nearly 33 years.

Bangkok Post

Dan Ives says China is losing the A.I. race as Wedbush sees ‘discernibly more clients in Asia’ rotating toward Silicon Valley

Investors in Asia seem to be betting bigger on American A.I. than China's.

Fortune

What happened in the Russia-Ukraine war this week? Catch up with the must-read news and analysis

UK to build ‘international coalition’ for F-16 fighter jets; life in Mariupol a year since Russian occupation

The Guardian - AU

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Microsoft's Activision deal has now reportedly been approved by China

Microsoft and Activision seemingly notch another win with regulators

GamesRadar

Is the Dollar’s Role as the Top Currency Safe? Kiplinger Economic Forecasts

Is the dollar’s role as the top currency safe? Kiplinger Economic Forecasts

Kiplinger

Hiroshima attack's last survivors watch as Biden pays tribute, but makes no apologies

HIROSHIMA, Japan — The patter of rain had subsided on a gray Friday morning as President Joe Biden and other Group of 7 leaders arrived at the Hiroshima Peace Memorial Museum, the first of two sites where American planes dropped atomic bombs in August 1945, laying waste to two Japanese…

Los Angeles Times

Chirag Khandal included in Asiad list, Fouaad & Shashank ignored

NEW DELHI: Chirag Khandal is all set to be one of India’s youngest riders at the Hangzhou Asian Games after the Supreme Court on Friday directed the Equestrian Federation of India (EFI) to include his name in the long list of athletes for the 15-day-long continental showpiece in China.

The Times of India

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Chinese Mega-Cap Tech Stocks Stagnate on Waning Confidence in China’s Recovery

Chinese mega-cap technology stocks are stagnating, despite posting upbeat sales figures as concerns about the sustainability of China’s post-pandemic recovery weigh on market sentiment. The slowing economic recovery with few signs of government policy support and China’s growing rift with the U.S. are undermining sentiment toward Chinese assets. Shares of...

Barchart

G7 leaders call for 'world without nuclear weapons' -statement

Leaders of the Group of Seven rich nations called on Friday for a "world without nuclear weapons," urging Russia, Iran, China and North Korea to cease nuclear escalation and embrace non-proliferation, a statement released by the White House showed.

Reuters

How Russia might rethink its alliance with China after Putin

For more than three decades, Moscow and Beijing have been incrementally strengthening their partnership. The growing number of potentially conflicting interests, for instance over investment and exploration in the Arctic, have not slowed down cooperation.

The Conversation

G7 agrees sanctions to 'starve Russia's war machine' while checking China

Leaders from the Group of Seven nations agreed new sanctions on Friday intended to "starve Russia of G7 technology, industrial equipment and services that support its war machine".

Radio France Internationale

AstraZeneca China boss pledges to ‘love the Communist Party’

BEIJING: The global drugmaker AstraZeneca will seek to be a patriotic company in China that “loves the Communist Party”, its China president said on Friday.

Bangkok Post

Microsoft's purchase of Activision Blizzard reportedly approved in China

Chinese regulator SAMRA reportedly approved Microsoft's Activision Blizzard purchase for Xbox.

Windows Central

China wants to subordinate west, US politician claims on UK visit

Republican Mike Gallagher, leading delegation to London, says world is in ‘window of maximum danger’

The Guardian - UK

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Reuters

Indian PM Modi says peace on border essential for normal ties with China

Peace on India's border with China is essential for normal relations, Indian Prime Minister Narendra Modi said in comments published on Friday that mark a rare articulation of New Delhi's position since ties with Beijing deteriorated in 2020.

Reuters

Poland urges China to pressure Russia to end war in Ukraine

Poland called on China to exert pressure on Russia to end its war in Ukraine during a meeting between two top officials in Warsaw, the Polish foreign ministry said on Friday.

The Guardian - UK

G7 prepares new Russia sanctions as Zelenskiy to attend summit in person

Ukrainian president to take part in Hiroshima talks on Sunday as leaders target exports to Russia

Reuters

China opposes G20 meeting in Indian-rule Kashmir and will skip it

China said on Friday that it is opposed to a G20 tourism meeting next week in the disputed Himalayan territory of Kashmir in India and will not attend.

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Reuters

G7 draft communique on China relationship: 'We act in our national interest'

Members of the Group of Seven advanced nations are prepared to build "constructive and stable relations" with China while acting in their national interests, according to a draft version of their communique seen by Reuters on Friday.

Al Jazeera

China’s Xi presents development plans for Central Asia

Xi Jinping meets leaders of five Central Asian nations at a summit in China, calls for trade and energy development.

The Independent UK

Russian PM to visit Beijing as China renews criticism of Western arms sales to Ukraine

China says Russian Prime Minister Mikhail Mishustin will visit Beijing next week for talks, marking the latest exchange in a relationship in which Russia is becoming increasingly reliant on China for economic and diplomatic support

Caixin Global

BMW to Produce New Line of EVs in China From 2026

The German auto giant will also make the high-voltage batteries for the cars in the Asian country, where it is planning to invest $1.4 billion in a new factory

The Independent UK

China warns against 'geopolitical games' as US announces Blinken trip to Papua New Guinea

China is warning against the introduction of “geopolitical games” in the South Pacific following the announcement that U.S. Secretary of State Antony Blinken will visit Papua New Guinea next week

Reuters

China says it will resume group tours for Taiwan residents to mainland

China will allow travel agencies to resume organising group tours for Taiwan residents to visit the mainland from Friday, said Ma Xiaoguang, a spokesperson at China's Taiwan Affairs Office of the State Council.

Caixin Global

Opinion: Political Economy — Reverse CFIUS and Investments in China

Under a new paradigm, investors have no choice but to navigate between global investment fundamentals and national policy ambiguities

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