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The Latest Breaking News from China

Taiwan activates defenses in response to China incursions

Taiwan has scrambled fighter jets and and put navy ships and missile systems on alert in response to nearby operations of 34 Chinese military aircraft and nine warships

The Independent UK

NATO chief wants more 'friends' as Russia, China move closer

NATO Secretary-General Jens Stoltenberg says China’s growing assertiveness and collaboration with Russia poses a threat not only to Asia but also to Europe

The Independent UK

NATO chief stresses importance of Indo-Pacific partners amid security tensions

NATO Secretary-General Jens Stoltenberg on Wednesday stressed the importance of NATO's working closely with partners in the Indo-Pacific, saying Europe could not ignore what happens in East Asia because the global security is interconnected.

Reuters

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Austin in Philippines to discuss larger US military presence

Defense Secretary Lloyd Austin is in the Philippines for talks on deploying larger numbers of U.S. forces and weapons in more Philippine military camps to ramp up deterrence

The Independent UK

Can the EU keep up with the US on green subsidies?

The huge incentives in the Inflation Reduction Act are provoking a debate in Europe with ramifications for the entire single market

Financial Times

Southeast Asia factories fire up as China reopens

JAKARTA: Asia’s manufacturers are improving at the start of the year as the region becomes more optimistic about how China’s re-opening might help offset an otherwise gloomy outlook for the rest of the world.

Bangkok Post

U.S., India partnership targets arms, AI to compete with China

The White House is launching a partnership with India on Tuesday that President Joe Biden hopes will help the countries compete against China on military equipment, semiconductors and artificial intelligence.

Reuters

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Blue Bay LPGA event in China canceled due to ongoing pandemic matters

The most recent Blue Bay LPGA event was last held in the fall of 2018.

USA Today Sports Media Group

Global Central Banks Increase Gold Buying to Highest in 55 Years

Demand for gold worldwide rose 18% last year to 4,741 tons amid soaring inflation and increased geopolitical risk

Caixin Global

'Encouraging signs' for Australia, China trade row

Australia and China's trade ministers are preparing for a virtual meeting as Canberra continues to pressure Beijing into dropping trade sanctions.

AAP

Blinken to discuss Russia's war on Ukraine with Chinese officials

U.S. Secretary of State Antony Blinken will discuss Russia's war in Ukraine with Chinese officials during a Feb. 5-6 trip to China, White House national security spokesman John Kirby said on Tuesday.

Reuters

Chip giant ASML will have to help the U.S. stymie Chinese production

Details remain unclear, and CEO Peter Wennink has warned that a broad ban could hammer supply chains.

Fortune

Visiting US Marine Corps chief warns 'everything in the cupboard' needed to prevent war with China

A visiting general who could soon become America's most senior military officer believes the US and allies such as Australia will need to use "everything in the cupboard" to avoid a conflict over Taiwan.

ABC News

Democracies embrace economic security to counter China and Russia

The vision of a truly open global economy is fading

Axios

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StockNews.com

These 4 Semiconductor Stocks Are Hot Buys Right Now

Despite the supply chain issues spurred by U.S.-China tensions, the semiconductor industry’s growth prospects appear bullish due to increased demand and usage across various sectors and growing federal and corporate spending. Hence, fundamentally sound semiconductor stocks Taiwan Semiconductor (TSM), Broadcom (AVGO), Photronics (PLAB), and Xperi (XPER) could be solid buys…

The Guardian - AU

All countries must help prevent ‘catastrophic’ war amid China-US tensions, Australian minister says

In a speech in London, Penny Wong calls on nations to examine how they use power and networks to avoid conflict

InsideEVs

Tesla China Shipping Out Huge Fleets Of Exports

Tesla is cranking out cars for domestic sale in the US and sale and export in China. However, the recent wave of exports was on its way elsewhere.

Bangkok Post

Beijing reaches 'temporary herd immunity'

BEIJING: Beijing has reached “temporary herd immunity” and its Covid outbreak is nearing an end, a city health official said on Tuesday, in another sign China’s unprecedented virus wave is waning.

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InsideEVs

Electric Cars From China Are Filling European Streets

China's strong push into electrification is not just about cleaning up choking air pollution, but also about muscling into the global auto industry.

Caixin Global

Editorial: The Urgent Need for Global Cooperation

In an increasingly divided world where countries are moving away from global supply chains, there’s a pressing need to continue strengthening international cooperation to address challenges such as recession risks and climate change

The Independent UK

China lobbies Dutch to defend trade after chip curbs

China’s foreign minister has appealed to his Dutch counterpart to defend free trade after the Netherlands and Japan agreed to cooperate with U.S. restrictions on Chinese access to advanced processor chip technology due to security concerns

The Independent UK

China accuses Washington of wanting 'technological hegemony'

China’s government has accused Washington of pursuing “technology hegemony” following news reports the United States might raise pressure on tech giant Huawei by blocking all access to American suppliers

Asharq Al-Awsat

NATO, Japan Pledge to Strengthen Ties in Face of ‘Historic’ Security Threat

NATO chief Jens Stoltenberg and Japanese premier Fumio Kishida pledged on Tuesday to strengthen ties, saying Russia's invasion of Ukraine and its growing military cooperation with China had created the most tense security environment since World War Two. The comments came in a statement issued during Stoltenberg's trip to Japan…

France 24

IMF says global growth 'surprisingly resilient' in updated forecast

The International Monetary Fund's new projections for 2023 show GDP for the world economy growing by 3.2 percent, compared to a 1.9 percent expansion last year. The improved forecast is aided by China's scrapping of its zero-Covid policy and the fall in gas prices. Also on the programme, we report…

Daily Record

Perth and Kinross Council to save thousands of pounds by slashing number of flags flown outside headquarters

The number flown will go from 27 down to just three following complaints about their poor condition

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