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The Latest Breaking News from China

World military spending surges to record in 2022

Ukraine military spending surged by 640%, the largest annual increase ever in data by SIPRI, a think tank.

Fortune

The defence review says Australia is at little risk of a land invasion – but that’s not where the threats end

Fears of direct military invasion are too narrow a frame to get a true picture of the Indo-Pacific’s security outlook, report argues

The Guardian - AU

Commentary: China’s economy might not be headed toward either ascendancy or decline

Something about China encourages grandiose predictions. Just a few years ago, the U.S. Intelligence Community forecast China would emerge from the COVID-19 pandemic economically and politically stronger than the United States.

Los Angeles Times

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China plans to send probe to near-Earth asteroid around 2025

China plans to launch an uncrewed probe around 2025 to collect samples from a near-Earth asteroid and explore a comet, the official Xinhua news agency reported on Monday, citing a senior space expert.

Reuters

Factbox-What's on the agenda at the South Korea-US summit?

South Korea's President Yoon Suk Yeol will be seeking U.S. assurances on deterring North Korea when he meets President Joe Biden this week, while the Americans will likely be looking for Yoon's support for U.S. interests related to China and Russia.

Reuters

China says it respects sovereignty of ex-Soviet states, after EU uproar

China respects the status of former Soviet member states as sovereign nations, its foreign ministry said on Monday, distancing itself from comments by its envoy to Paris that triggered an uproar among European capitals.

Reuters

Shanghai Composite Index Fell 0.78% on Monday

Shenzhen Component Index closed down 1.17%

Caixin Global

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Afternoon Update: footballer dies after on-field collision; Australia to manufacture missiles; and lessons from a threesome

A 20-year-old man was flown to Royal Adelaide hospital on Saturday after an on-field collision, but he later died of his injuries

The Guardian - AU

Study: Highest Military Spending in Europe Since Cold War

Europe's military spending grew at a record pace in 2022, reaching a level unseen since the Cold War following Russia's invasion of Ukraine, global security researchers said Monday. The rise in Europe helped global military expenditures reach an eighth straight record at $2.24 trillion, or 2.2 percent of the world's…

Asharq Al-Awsat

China, Singapore plan military drills as Beijing forges defence ties

China and Singapore will hold a joint military exercise as soon as this week, their first combined drills since 2021, as Beijing deepens its defence and security ties with Southeast Asia, a region with strong existing U.S. alliances.

Reuters

Oil Prices Slide on Uncertainty over Global Economic Outlook, Rate Hikes

Oil prices fell on Monday as concerns about rising interest rates, the global economy and the outlook for fuel demand outweighed support from the prospect of tighter supplies on OPEC+ supply cuts. Brent crude slipped 75 cents, or 0.92%, to $80.91 a barrel by 0409 GMT, while US West Texas…

Asharq Al-Awsat

Pakistan, China to participate in Asian Champions Trophy hockey tournament in Chennai

In a major development, Pakistan and China have confirmed their participation in the 7th Asian Champions Trophy hockey tournament to be held at the SDAT-Mayor Radhakrishnan Stadium here from August 3 to 12.

The Hindu

Giant panda Ya Ya to return to China from US

BEIJING/WASHINGTON: Female giant panda Ya Ya, having lived in the United States for two decades, will return to China within the next few days, according to the National Forestry and Grassland Administration.

Bangkok Post

China's cooperation with Europe 'unlimited' as with Russia - Chinese envoy

China's cooperation with Europe and other nations is "endless" just as its ties with Russia are "unlimited", China's envoy to the European Union said, giving some reassurance of China's neutrality over Ukraine in an interview published on Monday.

Reuters

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Bangkok Post

China's Fujian aircraft carrier set for 'new-type' planes

China's most modern carrier, the Fujian, will be able to launch "new-type aircraft", state broadcaster CCTV reported on Saturday.

The Independent UK

Australia plans major overhaul of defenses as China rises

A government-commissioned review says Australia needs to spend more money on defense, make its own munitions and develop the ability to strike longer-range targets as China’s military buildup challenges regional security

The Guardian - AU

Defence strategic review: Australia will build longer range military power amid ‘radically different’ security environment

Government considers establishment of domestic manufacturing as review warns Australia’s military capability structured for ‘a bygone era’

The Hindu

Morning Digest | Amritpal shifted to Assam on Centre’s directive, to be in solitary confinement; India-China hold 18th Corps Commander talks, and more

The Hindu’s Morning Digest brings readers a select list of stories to start the day

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Al Jazeera

World military spending reaches all-time high of $2.24 trillion

Surge in spending reflects Russia-Ukraine war and ‘increasingly insecure world’, according to leading think tank.

The Guardian - UK

China ramps up coal power despite carbon neutral pledges

Local governments approved more coal power in first three months of 2023 than all of 2021

360info

Taiwan's quest for legitimacy

On the heels of losing another diplomatic ally, Taiwan continues to win friends and influence others in the only way it knows how: through its soft power.

360info

Taiwan is reinventing how diplomacy works

The lack of official diplomatic allies isn’t stopping Taiwan from finding ways of winning friends and influencing people.

360info

Taiwan’s soft power hard for Beijing to match

Taiwan is smaller and has less access to normal diplomatic avenues but does have one advantage over mainland China.

ABC News

Analysts say Kyiv may be launching long-awaited counteroffensive as Ukraine war spurs record global spending on military

A new analysis gives rise to speculation that Kyiv is beginning a long-awaited counteroffensive, as new data shows global military expenditure increased by a record 3.7 per cent last year.

360info

Is Taiwan still a ‘beacon of democracy’ in the Chinese world?

Taiwan is celebrated as a vibrant democracy in the shadow of a repressive China, but the complicated reality reveals an opportunity that is yet to be taken.

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