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The Latest Breaking News from China

Chinese Australians experiencing less abuse but still face discrimination, according to Lowy report

A new poll finds the number of Chinese Australians facing racist abuse or physical violence has decreased over the past three years, although more than one in three continue to say they face discrimination.

ABC News

Crude Oil Slightly Higher on Dollar Weakness and Chinese Economic Strength

May WTI crude oil (CLK23 ) on Tuesday closed up +0.03 (+0.04%), and May RBOB gasoline (RBJ23 ) closed down -2.31 (-0.83%). Crude oil and gasoline prices Tuesday settled mixed, with gasoline falling to a 2-week low. A weaker dollar Tuesday was bullish for energy prices. Also, signs of strength...

Barchart

Dollar Slips as T-Note Yields Fall

The dollar index (DXY00 ) on Tuesday fell by -0.36% as T-note yields declined. Also, strength in the Chinese yuan Tuesday undercut the dollar after China's Q1 GDP expanded more than forecast. Hawkish comments Tuesday from St. Louis Fed President Bullard and Atlanta Fed President Bostic provided underlying support for...

Barchart

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Approach with caution: why NZ should be wary of buying into the AUKUS security pact

As the strategic rivalry between the United States and China intensifies, the invitation to discuss participation in the AUKUS security agreement presents New Zealand with a potentially momentous decision: how best to secure its own strategic interests and values in the Indo-Pacific region.

The Conversation

UK should not ‘pull shutters down’ on China relationship, says Foreign Secretary

James Cleverly said it is in the national interest to take a ‘nuanced’ approach towards the country ahead of delivering a major speech next week.

The Independent UK

KTM Prepares Up-Spec 790 Adventure R For Revival

Recently filed type-approval documents in China indicate that KTM and CFMoto are preparing to bring the 790 Adventure R back to the market.

RideApart

Screening US funds for Chinese tech raises question: Which tech?

The Biden administration and lawmakers are drawing up plans to screen and potentially restrict U.S. investment flowing to China’s tech sector, but the effort is already sparking debate about how far-reaching it should be.

Tribune News Service

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China ramps up construction on new Antarctic station – report

China is increasing its Antarctic footprint according to new satellite imagery collected by a Washington-based think tank that shows construction has resumed for the first time since 2018 on the country's fifth station in the southern polar region.

Reuters

The new Xiaomi 13 Ultra takes on the Galaxy S23 Ultra with four 50MP cameras

After missing the global launch of Xiaomi 12 Ultra last year, Xiaomi announced the 13 Ultra for China and international markets.

Android Central

Crude Oil Higher on Dollar Weakness and Chinese Economic Strength

May WTI crude oil (CLK23 ) this morning is up +0.31 (+0.38%), and May RBOB gasoline (RBJ23 ) is down -1.40 (-0.50%). May Nymex natural gas (NGK23 ) is up +0.061 (+2.68%). Crude oil and gasoline prices this morning are mixed, with gasoline falling to a 2-week low. A weaker...

Barchart

UK should not ‘pull the shutters down’ on China, says James Cleverly

Exclusive: British foreign secretary says failing to engage ‘closely and regularly’ with Beijing would be ‘really counterproductive’

The Guardian - UK

China reveals new details of Raytheon, Lockheed sanctions

China has revealed new details of sanctions it previously announced against two U.S. weapons manufacturers, including a ban on Chinese companies doing business with them

The Independent UK

Stocks Fall Back on Bank Stocks and Hawkish Bullard

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.42%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.08%. U.S. stock indexes gave up early gains and are...

Barchart

TikTok Australia has launched a factcheck on itself. But does it tell the full story?

The Chinese social media app tries to set the record straight in Myth vs fact report. We factcheck the factcheck

The Guardian - AU

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The Independent UK

Macron ‘working with China on secret plan for Ukraine war peace talks’

Kyiv’s line has been to veto anything that could allow Russia to keep any territorial gains from Moscow’s invasion

InsideEVs

Toyota bZ3 Receives 5,000 Orders In China On First Day Of Sales

Toyota's first electric sedan competes with the Tesla Model 3 and BYD Seal in the world's largest EV market.

TechRadar

Dell founder says customers want it to move away from relying on China

Michael Dell wants his company to reduce its reliance on China.

Space

China's moon plans involve 3D printing bricks from lunar soil

China aims to test 3D printing bricks from lunar regolith later this decade in a step towards constructing a permanent base on the moon.

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Axios

Deadly heat wave envelops large swath of Asia, including India and China

Records were set in 12 Chinese provinces, and an outdoor government ceremony in India turned deadly.

Reuters

Fire kills 21 in a Beijing hospital - Beijing Daily

Twenty-one people were killed after a fire broke out in the east wing of the inpatient department of a hospital in China's capital Beijing, the Beijing Daily reported on Tuesday.

The Independent UK

China's military chief vows to bolster ties with Russia

The Chinese defense chief has vowed to take military cooperation with Moscow to a new level, a statement that reflects increasingly close Russia-China ties amid the fighting in Ukraine

Barchart

Markets Today: Stock Index Futures Climb as China’s Economy Strengthens

Morning Markets June S&P 500 futures (ESM2 3) this morning are up +0.49% at a 2-month high, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.79% at a 2-week high. U.S. stock index futures this morning are moderately higher on improved global economic prospects after today’s news that...

InsideEVs

Honda Previews Three New Electric SUVs Launching In China In 2024

The e:NP2 and e:NS2 preview two production SUVs that will go on sale in early 2024, while the e:N SUV previews another model launching before the end of 2024.

Manchester Evening News

Flights from Manchester Airport to China returning to pre-pandemic levels in 'significant' economic boost

Four flights a week to Beijing will resume next month

Caixin Global

Chinese Bank Trio Cut $11 Million in Bonuses to Deter Risk

China Merchants Bank, China Bohai Bank and Bank of Jiujiang withheld or recovered 77 million yuan in performance-based pay last year, sending a message to reduce risky behavior

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