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The Latest Breaking News from China

Estimated Tesla Order Backlog Decreased To Below 200,000

Tesla's estimated global electric car order backlog has been quickly decreasing for several months now and most recently it dropped below 200,000 units.

InsideEVs

Putin’s energy crisis in Europe has pushed global coal use to a historic high—but here’s why it won’t stay that way for long

Global coal use will rise 1.2% this year to just over eight billion tons, according to the International Energy Agency.

Fortune

Biden’s China tech crackdown leaves Xi with few ways to hit back

The U.S. has sharpened its assault on China’s technology industry with a flurry of export bans and stifling restrictions on companies, an escalation that leaves Beijing with few options to retaliate.

Tribune News Service

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The chief investment officer at the world’s biggest hedge fund says we’re headed for a recession that’s ‘double the normal length’—and it has a lot to do with China

“You have this long grind that’s probably a couple years.”

Fortune

US to launch new diplomatic approach to China with ‘China House’

The new unit in the US Department of State aims to create ‘more consistent policy’ towards China, a rival global power.

Al Jazeera

State Department launches 'China House' amid rivalry with Beijing

The U.S. State Department on Friday launched its long-planned "China House" unit, an internal reorganization to help expand and sharpen its policymaking toward its top geopolitical rival.

Reuters

COVID-Linked Deaths Seen in Beijing after Virus Rules Eased

Outside a funeral home in eastern Beijing, dozens of people were bundled up in parkas and hats against the freezing temperatures Friday evening as workers in full protective suits wheeled out coffins one by one. When an employee with a clipboard shouted the name of the dead, a relative trundled…

Asharq Al-Awsat

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US State Department Launches ‘China House’ amid Rivalry with Beijing

The US State Department on Friday launched its long-planned "China House" unit, an internal reorganization to help expand and sharpen its policymaking toward its top geopolitical rival. Secretary of State Antony Blinken in May announced the creation of China House, calling it a department-wide, integrated team that would coordinate and…

Asharq Al-Awsat

4 Semiconductor Stocks to Buy Hand Over Fist Before 2023

Despite the continued supply chain disruptions due to U.S.-China tensions, the semiconductor industry is poised to expand significantly due to its increasing demand and usage across all sectors. Furthermore, federal investments are boosting the industry’s growth. Hence, it could be wise to add fundamentally strong and quality semiconductor stocks STMicroelectronics…

StockNews.com

Chinese ‘police centre’ in NZ tied to businessman

A Newsroom investigation has uncovered further details about alleged transnational policing by Chinese officials in our country - but the man tied to the centre denies involvement in police work.

Newsroom.co.nz

COVID unleashed in Beijing shows rest of China what’s next

Beijing’s rapidly spreading COVID outbreak has turned the Chinese capital of 22 million people into a virtual ghost town as stores close and restaurants empty, underscoring the cost of President Xi Jinping’s sudden pivot away from COVID zero.

Tribune News Service

Friends don’t slap tariffs on friends. Here are the strategies that will ensure the U.S. wins the race for chips and tech supremacy, according to the Consumer Technology Association

Isolationist trade policies may sound good–but they fuel inflation and create friction with U.S. allies, according to CTA CEO Gary Shapiro.

Fortune

Coronavirus FAQ: Is Paxlovid the best treatment? Is it underused in the U.S.?

The drug is the most effective way to cut the risk of severe disease. It's heading to China now. Yet the drug is underused in some places. Why? And are there options if you're not a good candidate?

WEKU

Japan approves biggest military buildup since second world war amid China fears

US welcomes doubling of military spending but critics express unease over abandoning seven decades of pacifism

The Guardian - UK

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Evening Standard

Japan unveils $320billion military plan amid rising tensions with China

Japan has begun a $320billion (£263billion) military build-up plan which would create missiles capable of striking China under a new five-year national security strategy.

The Independent UK

China orders rural hospitals to prepare for migrants' return

China's Cabinet is ordering rural areas to prepare for the return of migrant workers for the holiday season in hopes of preventing a major surge in COVID-19 cases in communities with limited medical resources

Asharq Al-Awsat

China Sends Ships into Pacific amid Japan Security Moves

A squadron of Chinese Navy ships sailed through straits near Japan into the Western Pacific this week, while Beijing on Friday blasted Tokyo's adoption of a new national security strategy putting itself on a more offensive footing — largely as a result of the perceived threat from China. The destroyers…

WEKU

Eyeing China, Japan lifts longtime restrictions to allow major defense buildup

The policy change is widely seen as a major step toward rearming Japan more than seven decades after its demilitarization after World War II.

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The Independent UK

US puts 3 dozen more Chinese companies on trade blacklist

The U.S. Department of Commerce is adding 36 Chinese companies to an export controls blacklist, citing concerns over national security

Reuters

China accuses Japan of making false claims about its military activities in security strategy plan

China accused Japan of making false claims about China's military activities in a new security strategy announced by Tokyo on Friday, China's embassy in Japan said in a statement.

Bangkok Post

China restricts industrial data exports to enhance data security

China's industry ministry has passed new rules mandating that important industrial data be stored within the country, as Beijing expands its web of regulations governing data security in a drive to tighten control over domestic data.

The Independent UK

China sends ships into Pacific amid Japan security moves

A squadron of Chinese Navy ships sailed through straits near Japan into the Western Pacific this week, while Beijing blasted Tokyo's adoption of a new national security strategy putting itself on a more offensive footing, largely as a result of the perceived threat from China

The News Lens

What Tsai Ing-wen’s Resignation From DPP Leadership Means

With the 2024 DPP nomination favored to go to Vice President Lai Ching-te, attention is now on whether he will deviate from President Tsai’s cross strait policy.

Motor1

2023 Buick LaCrosse Makes Early Debut In China With All-New Look

Are you crossed it's not coming to the United States?

Chicago Tribune

Commentary: China is pushing a pacifist Japan into building up its military capabilities

Japan isn’t known for being an aggressive country in the world of foreign affairs. Successive Japanese governments have taken pains to emphasize their peacelike nature, a direct consequence of Tokyo finding itself on the losing side of the most horrific war of the 20th century. Japan’s constitution renounces the use…

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