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The Latest Breaking News from China

Shanghai Composite Index Rose 0.23% on Tuesday

Shenzhen Component Index finished nearly flat

Caixin Global

FTSE 100 racks up eighth day of gains despite rising insolvencies and unemployment – as it happened

More firms are at risk of tipping from ‘danger’ to ‘distress’, experts warn, as businesses are hit by soaring costs and weak economy

The Guardian - UK

Stock market today: Asia mixed despite China growth data

Asian shares are trading mixed Tuesday as pessimism about global uncertainties remained even as China reported a better-than-expected economic growth data

The Independent UK

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China's 19.6% youth unemployment rate may pose 'a threat to social stability'

High youth joblessness defies an otherwise improving economy that grew 4.5% last quarter.

Fortune

Volkswagen unveils electric luxury sedan at China auto show

Volkswagen is unveiling an electric luxury sedan that promises a 435-mile battery range as global and Chinese automakers show their latest SUVs, sedans and muscle cars at the world’s biggest auto show

The Independent UK

G-7 to back Ukraine indefinitely, seeks stability with China

The Group of Seven nations vowed to support Ukraine for “as long as it takes” in its fight against Russian forces, while also calling for greater engagement with China to stabilize relations with the world’s second-biggest economy.

The Times of India

China’s economy rebounds faster than expected after Covid reopening

First quarter growth rate was higher than forecast by analysts as the country’s retail sector performed better than expected

The Guardian - AU

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Apple Inc bets big on India as it opens first flagship store

Apple Inc. is set to open its first flagship store in India in a much-anticipated launch Tuesday that highlights the company’s growing aspirations to expand in the country it also hopes to turn into a potential manufacturing hub

The Independent UK

Foxconn founder, seeking Taiwan presidency, has no plan to visit China

Terry Gou, the billionaire founder of major Apple Inc supplier Foxconn, has no plan for now to visit China, he said on Tuesday, in his bid to become the presidential nominee of Taiwan's main opposition party.

Reuters

China’s economy grows 4.5 percent, beating expectations

Latest economic data suggest world’s second-largest economy is firmly on recovery path after end of pandemic curbs.

Al Jazeera

FBI arrests 2 on charges tied to Chinese outpost in New York City

In addition to the two arrests, U.S. authorities charged about three dozen officers with China's national police force with using social media to harass dissidents inside the United States.

WEKU

ASL secures China securities trading licence

ASL Securities is making inroads into the Chinese market after the Bangkok-based broker obtained a securities trading licence from China’s regulators.

Bangkok Post

G7 ministers stress unity amid tensions with China and Russia

The Group of Seven industrial powers drew together on Tuesday to criticise China's coercion of Taiwan and Russia's threat to station nuclear weapons in Belarus, promising to intensify sanctions on Moscow for its war on neighbouring Ukraine.

Reuters

World’s largest population: Will India gain or lose?

India has the world’s largest workforce. But without enough good jobs, that unmatched advantage could be a nightmare.

Al Jazeera

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The Independent UK

China's GDP growth rises to 4.5% amid consumption boost

China’s economy grew 4.5% in the first quarter of the year, boosted by increased consumption and retail sales, after authorities abruptly abandoned the stringent “zero-COVID” strategy

Reuters

Australia, China agriculture ministers meet amid diplomatic thaw

Australia on Tuesday reaffirmed its commitment to improving agriculture ties with China after a ministerial meeting, as Canberra cheered progress made toward restoring trade in barley amid a thawing in diplomatic relations.

The Independent UK

Cyber chief to warn of ‘epoch-defining’ China challenge

Director Lindy Cameron, who heads up the GCHQ arm, will use a speech this week to warn that the UK and allies of the ‘dramatic rise of China’.

Bangkok Post

Region's state debt reaches 18-year high

The average government debt level in Asia-Pacific is at an 18-year high, with most developing economies in the region trying to stabilise it at current levels by 2027, according to recent research.

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Tribune News Service

US charges 44 over Chinese harassment of dissidents overseas

The U.S. charged 44 defendants over an alleged Chinese campaign to harass its citizens in New York and around the country who espoused anti-government views, part of a broader effort to push back on Beijing’s efforts to target dissidents beyond its borders.

Businessweek

Volkswagen Left Behind as China Goes All In on EVs

The push for battery power is leveling the playing field for foreign and domestic manufacturers.

Reuters

Taiwan to buy 400 US anti-ship missiles to face China threat -Bloomberg News

Taiwan will buy as many as 400 U.S. land-launched Harpoon missiles in the face of rising threat from China, Bloomberg News reported on Monday, citing a trade group's leader and people familiar with the issue.

Tribune News Service

Republican report on COVID origins pushes lab leak hypothesis

As U.S. lawmakers continue to seek answers about how the COVID-19 pandemic first began, former Republican staffers are releasing details from their own independent investigations, putting pressure on the Biden administration to declassify sensitive intelligence.

The New Daily

US charges two over NYC ‘secret Chinese police station’

US law enforcement officials have arrested two New York residents for allegedly operating a Chinese "secret police station" in Manhattan's Chinatown

The Conversation

Australia’s barley solution with China shows diplomacy does work

The agreement between Australia and China to resolve a dispute over Chinese tariffs on Australian barley without World Trade Organization (WTO) adjudication is evidence of a distinct improvement in relations.

Al Jazeera

US arrests two for running secret Chinese ‘police station’ in NYC

US officials accuse two men of engaging in ‘transnational repression’ of Chinese diaspora in US at the behest of China.

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