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The Latest Breaking News from China

Australia, China officials meet over trade sanctions

A round of trade talks is being held between Australian and Chinese officials as Canberra works to ease diplomatic tensions with Beijing.

The New Daily

ADB forecasts China, India to power strong growth in '23

The Asian Development Bank says China's recovery from the pandemic and strong demand in India will drive strong economic growth in Asia this year

The Independent UK

Why was TikTok banned on government devices? An expert on why the security concerns make sense

Australia has joined a raft of other countries in banning the popular video sharing app TikTok from government devices, as several outlets have today reported.

The Conversation

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Russia's Lavrov: West trying to drive a wedge between Moscow, Beijing

The West is trying to drive a wedge between Russia and China by talking about their unequal relations and Moscow's dependence on Beijing, Russia Foreign Minister Sergei Lavrov said in an interview published on Tuesday.

Reuters

Letting the Chips Fall

Episode 451 of the Cyberlaw Podcast

Reason

Belize, Guatemala reaffirm Taiwan ties during Tsai visit

Belize has reaffirmed its diplomatic ties with Taiwan, the second country to do so in a week as Taiwanese President Tsai Ing-wen travels across Central America in an effort to shore up a dwindling number of allies

The Independent UK

‘Not about the highest bidder’: the countries defying China to stick with Taiwan

Taipei’s 13 allies cite differing reasons for choosing it over China as Beijing intensifies efforts to diplomatically isolate the island

The Guardian - AU

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TikTok to be banned from Australian government devices

The federal government will ban TikTok on government devices following fears the app's security is compromised, and the platform could be used for foreign interference by China.

ABC News

TAT downplays China woes

The Tourism Authority (TAT) has played down concerns about monopolised foreign tourism businesses and zero-dollar tours, as long as strict law enforcement and collaboration with Beijing continues, while Thailand is targeting high-value tourists over volume.

Bangkok Post

Eastspring looks to China, Asia and US

Eastspring Asset Management (Thailand) is to prioritise its investments in China, the rest of Asia and the US in the second quarter, with a focus on tech and high-growth stocks that would continue the growth from the first quarter.

Bangkok Post

Belize reaffirms ties with Taipei as Taiwanese president visits

The prime minister of Belize gave Taiwanese President Tsai Ing-wen a welcome diplomatic boost during her visit on Monday, underlining his nation's support for Taiwan after rival China gained a new regional ally last month.

Reuters

China urges Japan not to join U.S. 'encirclement'

BEIJING -- Chinese Foreign Minister Qin Gang has called on Japan, with which China will mark the 45th anniversary this year of the signing of their treaty of peace and friendship, to eliminate "obstacles" and move their bilateral relationship forward.

The Japan News/Yomiuri

Govt seeking multiple visits by Japan, China leaders

BEIJING -- Japan and China made no clear progress Sunday in talks between Foreign Minister Yoshimasa Hayashi and his Chinese counterpart, Qin Gang. Nevertheless, the two foreign chiefs agreed on the need to continue dialogue with the aim of improving bilateral ties.

The Japan News/Yomiuri

Australia's main iron ore exports may not work with green steelmaking. Here's what we must do to prepare

Making steel was responsible for about 7% of global greenhouse gas emissions in 2020. That’s because steelmakers in countries like China, Japan and South Korea have long relied on fossil fuels like coal to make steel in blast furnaces.

The Conversation

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Caixin Global

Yangzijiang Shipbuilding Buys Singapore Office Tower for $300 Million

China’s largest private shipbuilder sees all-cash investment as an inflation hedge as Vietnam’s Van Thinh Phat Holdings sells at a loss amid allegations of bond fraud

Barchart

Crude Prices Settle Sharply Higher after OPEC+ Cuts Production

May WTI crude oil (CLK23 ) on Monday closed up +4.75 (+6.28%), and May RBOB gasoline (RBJ23 ) closed up +7.65 (+2.85%). Crude oil and gasoline prices Monday rallied sharply, with crude posting a 2-1/4 month high and gasoline posting a 5-1/4 month high. The main bullish factor was the...

ABC News

International students resorting to pitching tents in living rooms as rental shortage bites

When Zoe Jiang was at home in China, packing her bags to stay in Sydney, she did not think to bring an item that would prove essential — a tent.

ABC News

India will overtake China as the world's biggest nation, but is it ready to be the next global superpower?

India will soon replace China as the world's most populous country. It's a once-in-a-lifetime opportunity to become a global superpower, but India will need to carefully manage the boom without revisiting its dark history of population control.

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news in one place.

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France 24

Starting to sting? Putin denounces sanctions as oil revenues contract

Are those sanctions starting to bite? On the surface, it's business as usual for a Russia that on Saturday took over the rotating presidency of the UN Security Council and still enjoys plenty of support from the likes of China. But last week, President Vladimir Putin for the first time…

Al Jazeera

US House Speaker McCarthy to meet Taiwan president Tsai this week

Kevin McCarthy’s office confirms he will meet Tsai Ing-wen in California on Wednesday despite Beijing’s warnings.

Newsroom.co.nz

The Swiss holes in anti-Aukus rhetoric

The New Zealand public deserves a debate over growing militarisation in our region, and what it would mean to become a "Switzerland of the South Pacific".

Tribune News Service

Chinese surveillance balloon picked up intelligence from US military sites: report

China managed to pick up information from U.S. military sites using the large surveillance balloon that American officials shot down in early February, according to a new report.

Barchart

Crude Prices Surge as OPEC+ Cuts Production

May WTI crude oil (CLK23 ) this morning is up +4.71 (+6.22%), and May RBOB gasoline (RBJ23 ) is up +8.93(+3.33%). May Nymex natural gas (NGK23 ) is down -0.122 (-5.51%). Crude oil and gasoline prices this morning are sharply higher, with crude posting a 2-1/4 month high and gasoline...

Barchart

Crude Oil Found a Bottom

In 2022, the U.S. sold an unprecedented level of its Strategic Petroleum Reserve, sending the SPY to the lowest level since December 1983. The sales weighed on crude oil but appeared to have set a floor under the energy commodity that continues to power the world.

StockNews.com

Buy or Sell: 2 Chinese Automakers Stocks Post Monthly Deliveries Reports

Rising auto prices amidst the recessionary fears might create hurdles for the U.S. auto industry this year. Moreover, given the rise in conflict between U.S. and China, avoiding fundamentally weak Chinese auto stocks NIO (NIO) and XPeng (XPEV) could be a wise decision despite their stable monthly deliveries in March.…

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