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The Latest Breaking News from China

China's exports rebound unexpectedly to growth in March

China’s exports rebounded unexpectedly to growth in March despite a decline in U.S. and European demand following interest rate hikes to cool inflation

The Independent UK

Australia’s trade minister hopeful China bans will end but warns against putting ‘all our eggs in one basket’

Don Farrell has dismissed talk of any Australian policy shift after breakthrough reached on barley exports

The Guardian - AU

France’s Macron Sparks Criticism For ‘Strategic Autonomy’ And Reduced Dollar Dependence

Recent comments from Emmanuel Macron sparked a wave of concern over Europe’s place in the rising tensions between the US and China

Zenger

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Apple in talks to make MacBooks in Thailand

Apple Inc is in talks with suppliers to make MacBooks in Thailand as the company continues to expand its manufacturing outside of China, according to reports on Thursday.

Bangkok Post

How China changed the game for countries in default

The fragile process for dealing with insolvent economies is now at risk of unravelling completely owing to a powerful and unpredictable force in sovereign debt

Financial Times

Taiwan says China's no-fly zone will affect around 33 flights

China's plan to set up a no-fly zone to the north of Taiwan on April 16 will affect about 33 flights, Taiwan's official Central News Agency (CNA) reported, citing the island's transport minister, Wang Kwo-tsai.

Reuters

Apple in talks with suppliers to make MacBooks in Thailand

TAIPEI: Apple Inc is in talks with suppliers to make MacBooks in Thailand as the company continues to expand its manufacturing footprint outside of China, according to reports on Thursday.

Bangkok Post

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China races to regulate AI after playing catchup to ChatGPT

China’s cyberspace agency wants to ensure AI will not attempt to ‘undermine national unity’ or ‘split the country’.

Al Jazeera

Taiwan says China curtailed plan for no-fly zone after complaint

Taiwan said China dialed down plans for a no-fly zone near the island after it complained about risks to flight safety, a rare possible instance of backtracking by Beijing as tensions between the two sides simmer.

Tribune News Service

Canada faces questions over alleged Chinese interference

An official inquiry is under way into allegations China meddled in elections but some say the influence goes further.

Al Jazeera

Russia’s invasion of Ukraine boosted clean energy to power more than 90% of new demand last year, report says

The Russian invasion of Ukraine could represent a 'turning point' in the world's transition to clean power.

Fortune

The disturbing trend of state media use of deepfakes

Social media has been awash with fake images of a stylish Pope Francis, Elon Musk protesting in New York and Donald Trump resisting arrest.

The Conversation

Germany foreign minister embarks on post-Macron 'damage control' in China trip

Germany's foreign minister begins a visit to China on Thursday aiming to reassert a common European Union policy toward Beijing days after remarks by French President Emmanuel Macron suggested disarray in the continent's approach to the rising superpower.

Reuters

Macron stands by divisive remark about US allies ‘not being vassals’

French president reaffirms Sunday’s call for Europe to act more independently from US over China and Taiwan

The Guardian - UK

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Barchart

Crude Prices Settle Higher on Shrinking Global Oil Supplies

May WTI crude oil (CLK23 ) on Wednesday closed up +1.73 (+2.12%), and May RBOB gasoline (RBJ23 ) closed up +0.75 (+0.26%). Crude oil and gasoline prices Wednesday moved higher, with crude climbing to a 4-1/2 month nearest-futures high and gasoline climbing to a 5-1/2 month high. A weaker dollar...

Fortune

Warren Buffett says the threat of war was a ‘consideration’ in his decision to dump the bulk of his $4 billion stake in chipmaker giant TSMC

The Oracle of Omaha rarely exits an investment within a few years, let alone a few months, but he felt it best to liquidate his holdings in TSMC over fear of an invasion.

Reuters

US imposes export controls on companies assisting Russia's military

The U.S. Commerce Department said on Wednesday it is imposing export controls on more than two dozen companies in China, Turkey and other countries for supporting Russia’s military and defense industries.

Fortune

The U.S. government would like to know what its A.I. rules should look like

It’s a very different approach to that taken by China.

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LiveScience

China reported 1st human death from H3N8 bird flu, WHO says

A woman in China was the first person to die of the bird flu subtype H3N8.

The Guardian - UK

Emmanuel Macron heckled during state visit to Netherlands

French president also criticised for saying Europe should act independently from US over Taiwan

Evening Standard

Liz Truss hits out at Rishi Sunak and French President Macron in US speech

Liz Truss risked re-opening Conservative Party wounds over Brexit after criticising the government for not moving fast enough to remove EU laws from the statute books.

The Independent UK

Truss: Weakness for Macron to seek China’s help in ending Ukraine conflict

The former prime minister said: ‘We’ve seen accommodation and appeasement by the West of these authoritarian regimes.’

Reuters

France wants independence, will stay 'strong and reliable' US ally, finance minister says

French finance minister Bruno Le Maire said on Wednesday that France and Europe want to pursue an independent policy path from the United States and China, but intend to be "strong and reliable allies of the United States of America."

Barchart

Crude Prices Climb as Global Oil Supplies Shrink

May WTI crude oil (CLK23 ) this morning is up +1.16 (+1.42%), and May RBOB gasoline (RBJ23 ) is up +0.47 (+0.16%). May Nymex natural gas (NGK23 ) is down -0.093 (-4.25%). Crude oil and gasoline prices this morning are moderately higher, with crude climbing to a 4-1/2 month nearest-futures...

The Guardian - UK

Women’s World Cup 2023 power rankings: breaking the finalists down

The world champions suffer a blow while France ride high with Hervé Renard as all 32 teams are put under the microscope

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