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The Latest Breaking News from China

Data | Russia’s exports to India rise further, trade deficit balloons

India accounts for more than 70% of the seaborne supplies of the grade so far this month and China for about 20%

The Hindu

North Asia’s factories stuck in decline

JAKARTA: North Asia’s export powerhouses continued to stutter in April amid sluggish global trade and a patchy economic recovery in China, according to new data that amplified concerns about the risk of a global recession.

Bangkok Post

Australia to pay soldiers bonus to stay as strategic risks rise

Australia said on Tuesday it will pay military personnel A$50,000 ($33,165) to stay beyond an initial service period, days after a review found its defence posture was "not fit for purpose" amid rising competition between the United States and China.

Reuters

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China steps up use of ‘exit bans’ against government critics

At least 15 laws and legal instruments now cover exit bans with millions of people potentially affected.

Al Jazeera

Chinese electric vehicle brands expand to global markets

Chinese electric car exporters are starting to compete with global brands in their home markets

The Independent UK

Taliban FM to meet Pakistan, China foreign ministers: Media

Taliban’s interim foreign minister gets UN clearance to travel for meeting with counterparts in Pakistan.

Al Jazeera

China's exit bans multiply as political control tightens under Xi

China is increasingly barring people from leaving the country, including foreign executives, a jarring message as the authorities say the country is open for business after three years of tight COVID-19 restrictions.

Reuters

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Why would the government need a warrant to warn me I'm about to be hacked?

Episode 455 of the Cyberlaw Podcast

Reason

Treat Uyghurs justly

Shockingly, the Thai government remains tight-lipped about the fate of Uyghur refugees who have been held in detention for eight years after the recent deaths of two of them.

Bangkok Post

Lawmakers call on SEC to asses Shein supply chain before IPO

A group of lawmakers are asking the Securities and Exchange Commission to stop an initial public offering by the fast fashion retailer Shein until it verifies it does not user forced labor from China's predominantly Muslim Uyghur population

The Independent UK

China's hypersonic research to get boost from satellite startup

The Chinese satellite internet startup Galaxy Space is planning to provide broadband connectivity to assist the nation's hypersonic vehicle program.

Space

UN says Taliban envoy can meet Pakistan, China ministers next week

A U.N. Security Council committee on Monday agreed to allow the Taliban administration's foreign minister Amir Khan Muttaqi to travel to Pakistan from Afghanistan next week to meet with the foreign ministers of Pakistan and China, diplomats said.

Reuters

Lawmaker says Canada govt did not inform him of report of China's threats to family

Michael Chong, a lawmaker with Canada's main opposition Conservative party, said on Monday that the country's spy agency did not inform him about threats against him and his family from China that were reported in a Canadian newspaper.

Reuters

‘Ironclad’: Biden, Marcos Jr affirm US-Philippines security ties

Two leaders agree to deepen military relationship amid heightened tensions in Asia Pacific, China pressure.

Al Jazeera

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Space

China to land astronauts on the moon by 2030, lunar scientist says

China will definitely put boots on the moon within the next seven years, according to a leading Chinese lunar scientist.

Inverse

Artemis Moon Missions Are Still a Priority in NASA's Latest Budget

NASA Administrator Bill Nelson testified this week before the House Committee on Science, Space and Technology.

Newsroom.co.nz

Hong Kong, c/- China

Part two of our special report on the Hong Kong international writers festival.

Barchart

Crude Falls on Dollar Strength and Concern About China's Recovery

June WTI crude oil (CLM23 ) this morning is down -1.34 (-1.75%), and June RBOB gasoline (RBM23 ) is down -0.16 (-0.06%). June Nymex natural gas (NGM23 ) is down -0.101 (-4.19%). Crude oil and gasoline prices this morning are moderately lower. Crude prices are under pressure from a stronger...

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Barchart

Markets Today: Stock Indexes Modestly Higher as JPMorgan Acquires First Republic

Morning Markets The S&P 500 Index ( $SPX ) ( SPY ) today is up +0.23%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is up +0.31%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is up +0.06%. U.S. stock indexes this morning are...

StockNews.com

Sector Investors: This Industry Is the Best Bet in 2023 and 3 Stocks Pointing You in the Right Direction

After a strong 2022, the energy sector could show strength this year as well due to production cuts by OPEC+, the long lead time to ramp up new supply and refining capacity, and the revival of demand in China. Therefore, it could be wise to buy fundamentally strong energy stocks…

The Guardian - AU

US and Philippine presidents meet amid China’s ‘aggressive tactics’

Ferdinand Marcos Jr and Joe Biden are expected to discuss the security situation in the South China Sea

The Independent UK

Taiwan's president hopes to deepen US security exchanges

Taiwan’s president has told visiting ex-U.S. national security adviser John Bolton that her country is willing to deepen cooperation with the U.S. and “other like-minded partners” to safeguard peace, as the self-governed island faces increasing military threats from China

Reuters

Paraguay election result calms fear of another Taiwan ally falling (for now)

News of Santiago Pena's election victory in Paraguay will be cheered by officials in Taiwan, which faces an uphill battle against China's economic muscle to keep its remaining 13 allies worldwide, including its last in South America.

Barchart

Markets Today: Stock Index Futures Modestly Lower as JPMorgan Acquires First Republic

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.10%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.20%. U.S. stock index futures this morning are modestly lower. The markets are awaiting quarterly earnings results this week from Apple, Advanced Micro Devices, and Ford...

RideApart

CFMoto's New Papio XO-2 Is A Retro-Style Mini-Scrambler

CFMoto has debuted the cute and charming Papio XO-2 in China, a mini-bike designed to look like a Scrambler.

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