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The Latest Breaking News from China

Volkswagen Group Unveils Its First Electric Flying Taxi Prototype

In its final iteration, VW's all-electric and automated eVTOL could eventually carry four passengers plus luggage over a distance of 124 miles.

InsideEVs

Taiwan military on high alert with leave cancelled and air defences 'preparing for war' with China

China has warned its military would never "sit idly by" if US House of Representatives Speaker Nancy Pelosi were to visit Taiwan, the self-ruled island claimed by Beijing

Wales Online

‘If she dares’: China warns Nancy Pelosi against visiting Taiwan

Foreign ministry threatens ‘serious consequences’ if the US house speaker makes a trip to the self-ruled island.

Al Jazeera

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JinkoSolar Taps China Unit to Raise $1.5 Billion for New Projects

Key Takeaways: JinkoSolar will issue up to 10 billion yuan worth of convertible bonds through its China-listed subsidiary to help fund two major new projects announced earlier this year

Benzinga

Alibaba Eyes Hong Kong Primary Listing as Hedge to U.S. Delisting Threat

Key Takeaways: Alibaba said it expects the upgrade of its secondary Hong Kong listing to primary listing status to be complete by the end of 2022 The SEC has placed Alibaba on a list of Chinese firms facing potential delisting as the deadline nears for U.S.-listed Chinese firms to comply…

Benzinga

British MPs plan visit to Taiwan as tension with China simmers

Exclusive: Tom Tugendhat likely to lead trip later this year as London’s relationship with Beijing deteriorates

The Guardian - UK

U.S. House Speaker Pelosi to visit Taiwan on Tuesday -Taiwan media

Several Taiwan media outlets reported late on Monday that U.S. House of Representatives Speaker Nancy Pelosi will visit Taiwan on Tuesday and spend the night in Taipei, citing unidentified sources.

Reuters

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China banks may face $350 billion in losses from property crisis

BEIJING: China’s banks face mortgage losses of $350 billion in a worst-case scenario as confidence plunges in the nation’s property market and authorities struggle to contain deepening turmoil.

The Times of India

Biden, Putin strike conciliatory tones as nuclear arms talks start at U.N

U.S. President Joe Biden said on Monday he is ready to pursue a new nuclear arms deal with Russia and called on Moscow to act in good faith as his Russian counterpart Vladimir Putin said there could be no winners in any nuclear war.

Reuters

How used clothes became part of Africa's creative economy -- and fashion sense

In recent years the global secondhand apparel market for clothing and shoes has grown exponentially. In 2002 used clothing exports were worth US$1.4 billion. Despite a slowdown during the COVID-19 pandemic exports were close to US$4 billion in 2020.

The Conversation

Tesla's Giga Shanghai Cranking Out EVs And Packing Pier Parking Lots

We recently showed you Tesla's massive stockpile of mostly Model 3 exports. They're gone now, and Tesla China is already teeming with Model Ys for export.

InsideEVs

Taiwan 'preparing for war' with China as armed forces placed on high alert

It comes as US House of Representatives Speaker Nancy Pelosi landed in Singapore ahead of her four-country tour of Asia amid intense speculation that she may risk the wrath of Beijing by also visiting Taiwan

Daily Mirror

US says Beijing has no reason to turn Pelosi’s expected Taiwan visit into a ‘crisis’

National security council says speaker has ‘right to visit’ after China warns its military would ‘not sit idly by’

The Guardian - US

China says military "won't sit idly by" if Pelosi visits Taiwan

Pelosi has plans to travel to Singapore, Malaysia, South Korea and Japan on a congressional trip this week.

Axios

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Zenger

Newly Discoverd Pit Viper Endangered By Tourist Influx In China

Gloydius is a genus of venomous pit vipers found in Asia, especially in China’s Zharu Valley.

Salon

Nancy Pelosi could get us all killed

Even the foreign policy mainstream thinks Pelosi's Taiwan trip is a dangerous gamble. Why won't Biden stop her?

Reuters

U.S. and Japan pursue commercial diplomacy to counter China, envoy to Tokyo says

Chips, batteries and energy are key collaboration areas between the United States and Japan as the allies seek to secure supply chains and counter China, Washington's envoy to Tokyo said.

The Independent UK

China warns military ‘will not sit idly by’ if Pelosi visits Taiwan

Nancy Pelosi’s tour of Asia began on Monday in Singapore

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The Independent UK

Chinese company eyes Solomon Islands deep-water port

A Chinese state-owned company is negotiating to buy a forestry plantation with a deep-water port and World War II airstrip in Solomon Islands amid concerns that China wants to establish a naval foothold in the South Pacific country

The Guardian - UK

Earth: Muted review – bees go missing in China despatch from the eco-apocalypse file

This documentary about bees going extinct in the Hanyuan valley doesn’t seem interested in the wider context but instead offers a soothing watch of farmers at work

Reuters

China warns its military will 'not sit idly by' if Pelosi visits Taiwan

China said on Monday that its military "not sit idly by" if U.S. House of Representatives Speaker Nancy Pelosi visits Taiwan.

The Guardian - UK

UK factory growth hits two year-low; oil drops; German retail sales in record fall – as it happened

British manufacturers suffer first drop in output in over two years in July, while retail sales in Germany slumped over 8% as inflation hit consumers

Asharq Al-Awsat

Pelosi Lands in Singapore to Kick off Asia Tour

US House Speaker Nancy Pelosi arrived in Singapore early Monday, kicking off her Asian tour as questions swirled over a possible stop in Taiwan that has fueled tension with Beijing. A person familiar with the matter confirmed that Pelosi and her delegation landed in the city-state before dawn. They spoke…

Reuters

Pelosi set to visit Taiwan despite China warnings, sources say

U.S. House of Representatives Speaker Nancy Pelosi was set to visit Taiwan on Tuesday, three sources said, as the United States said it wouldn't be intimidated by Chinese threats to never "sit idly by" if she made the trip to the self-ruled island claimed by Beijing.

WEKU

Pelosi begins Asia tour in Singapore. No official word on whether she'll visit Taiwan

House Speaker Nancy Pelosi arrived in Singapore early Monday, kicking off her Asian tour as questions swirled over a possible stop in Taiwan that has fueled tension with Beijing.

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