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The Latest Breaking News from China

Stocks Move Lower Before the Open as China Trade Data Disappoints, U.S. CPI Looms

June S&P 500 futures (ESM23) are down -0.38%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.43% this morning as market participants digested soft Chinese trade data while looking ahead to a busy week in terms of corporate earnings results and economic data.

Barchart

British ex-premier Truss to visit Taiwan next week

Former British prime minister Liz Truss will visit Taiwan next week and meet senior members of the government, her office said on Tuesday, a move that could anger China amid strains in its relationship with the current British government.

Reuters

Failed PM Liz Truss heads to Taiwan to attack China's 'increasingly aggressive' conduct

The former Prime Minister risks creating a diplomatic headache for Rishi Sunak when she flies to the Far East next week to deliver a speech showing solidarity with the breakaway island, which China has vowed to retake - by force if necessary - by 2050

Daily Mirror

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Liz Truss to visit Taiwan to show ‘solidarity’ in face of China threats

The former prime minister said Beijing was showing ‘increasingly aggressive behaviour’ towards Taipei City.

The Independent UK

EU must reduce risks in China relations without cutting ties - Scholz

The European Union should reduce risks in its relations with China as Beijing is becoming increasingly assertive in competing with the 27-nation bloc, German Chancellor Olaf Scholz said on Tuesday.

Reuters

Australian journalist nears 1,000 days in detention in China on state secrets charge

Politicians, business people and friends of Australian journalist Cheng Lei, who will reach 1,000 days of detention in Beijing on Wednesday, called for a faster resolution of her case as diplomatic ties between the trade partners stabilise.

Reuters

Experts: New Pentagon stats "stunning"

Military-industrial complex uses unprecedented influence to corrupt D.C. and starve funding for everything else

Salon

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LinkedIn shuts service in China, lays off employees

LinkedIn was once one of the few successful foreign digital platforms in China, offering a local version that complied with Chinese censorship rules.

Fortune

China should set clear rules for due diligence sector amid probes - US business lobby

The American Chamber of Commerce in Shanghai said on Tuesday it was concerned about reports of investigations into U.S. due diligence and consulting firms in China and urged authorities to provide more guidance for the sector.

Reuters

iPhone maker Foxconn buys huge site in India

BENGALURU, India: Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Indian tech hub Bengaluru, the key Apple supplier said in a filing Tuesday as it looks to diversify production away from China.

Bangkok Post

AP News Digest 3:30 am

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.

The Independent UK

China says expulsion of Canadian diplomat was 'just and necessary'

The expulsion of a Canadian diplomat was "just and necessary", a Chinese foreign ministry spokesperson said on Tuesday.

Reuters

China to expel Canadian diplomat in tit-for-tat move

Expulsion comes after Canada said it was sending home a Chinese diplomat for trying to intimidate a Canadian legislator.

Al Jazeera

UK official visits Hong Kong after years of strained ties

The first British minister visiting Hong Kong in five years said his country will not “duck” its historic responsibilities to people living in its former colony while engaging with China in areas they share common interests

The Independent UK

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Reuters

Chinese woman seeking to freeze her eggs makes final appeal in court

An unmarried Chinese woman made a final appeal in a court on Tuesday in her bid to sue a hospital for violating her rights by refusing to freeze her eggs because she is single.

The Guardian - AU

China accuses Australia of trying to sabotage its relationships in Pacific region

Beijing says US, Australia and New Zealand have ‘a cold war mentality’ and are driving up geopolitical tensions

The Independent UK

Alarm over Myanmar, sea feud under ASEAN summit spotlight

Alarm over Myanmar’s deadly civil strife and China’s aggressive actions in the disputed South China Sea will be under the spotlight this week when Southeast Asian leaders meet in Indonesia

The Guardian - US

Canada won’t be intimidated by China’s retaliatory expulsion of consul, Trudeau says

China’s foreign ministry said it would expel Canadian envoy for Ottawa’s ‘unreasonable action’ of ejecting Chinese diplomat

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The Independent UK

China expels Canadian diplomat in tit-for-tat response

China has announced the expulsion of a Canadian diplomat in retaliation for Ottawa's ordering a Chinese consular official to leave over alleged threats he made against a Canadian lawmaker and his family

Reuters

China to expel Canadian diplomat in Shanghai as reciprocal measure

China's foreign ministry said on Tuesday that it will expel a diplomat in Canada's Shanghai Consulate as a reciprocal countermeasure, according to a statement on its website.

The Guardian - AU

China targets foreign consulting companies in anti-spying raids

State media report suggests growing suspicions of firms involved in due diligence and business research industries

Reuters

Sri Lanka's creditor nations to meet despite uncertainty on China

As Sri Lanka's creditor nations prepare for their first meeting on Tuesday to co-ordinate restructuring of the Indian Ocean nation's debt, the focus is turning to whether China will attend.

Al Jazeera

Social media platform LinkedIn cuts 700 jobs, shuts China app

Job cuts are the latest layoffs to hit the tech sector in recent months, following losses at Google, Meta and Amazon.

The News Lens

Excessive Housing Speculation Is Weakening Taiwan’s Economy and Society

Housing speculation creates instability and inequality. Given the growing national security threats from China, policymakers’ refusal to confront the problem puts Taiwan in a highly precarious situation.

The Guardian - AU

LinkedIn to cut 716 jobs and shut down Chinese app InCareer

Chief executive of professional networking platform blames economic conditions and need to make business more agile

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