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The Latest Breaking News from China

Ford invests in Indonesian nickel-processing project to lock up goods

Ford Motor Co. is partnering with mining companies from Indonesia and China to invest in a nickel-processing project as part of the Dearborn, Michigan, automaker's bid to shore up supplies of key raw materials for electric-vehicle batteries.

Tribune News Service

Tesla Cybervault Teased For April 3rd Debut In China

Is it a stainless steel gun safe? A Cybertruck-inspired encrypted flash drive? Another alcoholic beverage?

InsideEVs

China cannot be allowed to join UK-Asia trade pact, Liz Truss says

The former prime minister made the warning as the UK signed up to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

The Independent UK

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China's global influence looms over Kamala Harris trip to Africa

When US Vice President Kamala Harris arrived in Zambia on Friday for the final stop of her week-long trip across Africa, she touched down at an airport that’s doubled in size and features glittering new terminals.

Radio France Internationale

Taiwanese president in the US: Tsai Ing-wen says China 'deliberately raises tensions'

This week, former Taiwanese president Ma Ying-jeou was on a trip through China as a private citizen, at the same time that Taiwan's current president, Tsai Ing-wen, was in the United States. Tsai's unofficial visit sparked diplomatic anger from Beijing, which considers the self-ruled, democratic island as part of its…

France 24

Crude Prices Gain on Strength in China's Economy and Reduced Iraqi Exports

May WTI crude oil (CLK23 ) this morning is up +0.79 (+1.06%), and May RBOB gasoline (RBJ23 ) is up +3.74 (+1.42%). May Nymex natural gas (NGK23 ) is up +0.100 (+4.75%). Crude oil and gasoline prices this morning are moderately higher. Crude prices have support on reduced global oil...

Barchart

Stocks Climb as U.S. Inflation Pressures Ease

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.62%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.72%. U.S. stock indexes this morning are moderately higher, with...

Barchart

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How a little-known agency holds power over TikTok's future

Under pressure from the U.S. government, TikTok is now facing the music with the possibility of a nationwide ban if it defies a government order to sell to an American company — unless the popular social media app can convince a high-powered panel that its data security restructuring plan sufficiently…

The Independent UK

Germany's main opposition leader calls for European coalition on China ties

Germany's main opposition leader on Friday called for Berlin to involve key allies in negotiations with China as part of a rethink of ties with Beijing that reflected a global "paradigm shift" in security and foreign policy.

Reuters

Spain’s PM urges Beijing to discuss peace plan with Zelenskiy

Pedro Sánchez encourages dialogue between Xi Jinping and Ukrainian president during China visit

The Guardian - UK

Australian and Chinese officials to hold critical trade negotiations in China next week

Assistant trade minister, Tim Ayres, says he does not believe Aukus plans will disrupt efforts to stabilise the relationship

The Guardian - AU

Lotus Starts Customer Deliveries Of Eletre Electric SUV In China

Deliveries in the European Union and United Kingdom start later this year, while the US and other global markets may get the Eletre within five years.

InsideEVs

The Best China Stocks to Buy This Week

Following the lifting of pandemic restrictions in December, China’s economy is set to rebound this year with accelerating mobility and activity. Moreover, upbeat economic data in the first two months of this year indicates that the nation’s expected recovery is broadly on track. Thus, it could be an opportune time…

StockNews.com

China could facilitate, not mediate, peace in Ukraine -EU's Borrell

China cannot be a mediator in the war in Ukraine as it leans too much toward the invader Russia but it could play the role of facilitator to reach a peace deal with Moscow, the European Union's top diplomat, Josep Borrell, said on Friday.

Reuters

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Reuters

China's Xi says ties with Singapore set benchmark for region

Relations between China and Singapore have set a benchmark for countries in the region, Chinese President Xi Jinping told Singapore's Prime Minister Lee Hsien Loong during talks in Beijing on Friday.

Caixin Global

Brazil Joins China’s Drive to Boost Yuan’s Global Use

Banco Bocom BBM becomes first lender in South America to join China’s yuan cross-border payments system CIPS, weeks after ICBC’s Brazilian branch was appointed the country’s yuan clearing bank

Caixin Global

Bank of China Ex-Chairman Investigated for Alleged Corruption

Liu Liange was removed as BOC’s Communist Party chief in February and relinquished his position of chairman earlier this month

Tom’s Hardware

Hong Kong Bust Nets Half a Million Smuggled Components Worth $4 Million

A man tried to smuggle 510,000 computer parts and devices from low-tax Hong Kong into mainland China. Tech smuggling bust is biggest seen since 2018.

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The Guardian - UK

TikTok: why the app with 1bn users faces a fight for its existence

Chinese-owned firm caught in geopolitical standoff, with US lawmakers leading charge against it

The Week

The Week Unwrapped: Reincarnation, Jack Ma and the nature of time

Olly Mann and The Week delve behind the headlines and debate what really matters from the past seven days. With Jamie Timson, Mariana Vieira and Julia O’Driscoll.

Reuters

In Beijing, Spanish PM urges Xi to speak with Ukraine's Zelenskiy

Spanish Prime Minister Pedro Sanchez encouraged Chinese President Xi Jinping on Friday to talk to the Ukrainian leadership and learn first-hand about Kyiv's peace formula to help bring an end to Russia's invasion.

Asharq Al-Awsat

Embattled Macron Heads to China, Leaving Burning Paris Behind

French President Emmanuel Macron will head to China next week for a rare visit to the rising superpower, in an awkward balancing act between his global statesman ambitions and his struggle to contain embarrassing pension protests at home. The French leader, whose decision to ram much-disputed pension legislation through parliament…

Asharq Al-Awsat

UK China Maker Rolls Out Souvenirs for King’s May Coronation

With just five weeks before King Charles III's coronation, a British manufacturer of fine bone china is busy making “God Save the King” commemorative plates and mugs for the historic occasion. Craftspeople at the Duchess China factory in the central England city of Stoke-on-Trent painted delicate gold edges on more…

Radio France Internationale

EU leaders seek to smooth ties between Beijing and Brussels

Spanish Prime Minister Pedro Sanchez said on Friday his country wanted a "balanced relationship with China" shortly after he met with China's President Xi Jinping. The Spanish leader's two-day visit to China comes ahead of next week's trip by French President Emmanuel Macron and Eu Commission president Ursula von der…

Asharq Al-Awsat

World Bank Says Recoveries in Asian Economies Losing Steam

Developing economies in Asia have mostly regained ground lost during the pandemic but are seeing their recoveries stall as productivity lags, the World Bank said in a report released Friday. The report forecasts that growth in the region including China will pick up pace this year after the world's No.…

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