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The Latest Breaking News from China

Following Xi-Biden call, Taiwan to deepen close security partnership with U.S.

Taiwan's foreign ministry said on Friday that it will continue to deepen its close security partnership with the United States, after U.S. President Joe Biden and China's leader Xi Jinping spoke on Thursday.

Reuters

Analysis-Despite Xi's 'fire', call with Biden avoided Taiwan escalation

U.S. President Joe Biden and Chinese President Xi Jinping managed largely to steer clear of escalatory rhetoric on Taiwan in a Thursday call, suggesting that neither side – preoccupied with economic woes at home – wants a fresh crisis across the Taiwan Strait.

Reuters

Pelosi's Taiwan visit tests US-China ties as Biden looks to ease tensions with Xi

WASHINGTON — A congressional trip to Taiwan led by House Speaker Nancy Pelosi, D-Calif., became the focus of President Joe Biden's call with Chinese leader Xi Jinping on Thursday, further underscoring the latest U.S.-China rift that has sent relations to their lowest point in decades.

Los Angeles Times

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Environmental tariffs could be a game changer

Environmental tariffs may be humanity's last hope for mitigating climate change, which is on course to become increasingly devastating if we do not curb our greenhouse-gas (GHG) emissions.

Bangkok Post

In Call with Biden Xi Warns against ‘Playing with Fire’ over Taiwan

In call with Biden Xi warns against 'playing with fire' over Taiwan US President Joe Biden and Chinese President Xi Jinping held a fifth call as leaders on Thursday, and Xi warned against "playing with fire" over Taiwan, as concerns mounted over a possible visit to Chinese-claimed island by US…

Asharq Al-Awsat

Manchin "publicly played" McConnell

Manchin waited until McConnell got Republicans to pass China bill before surprise reversal on reconciliation deal

Salon

China backs away from growth goal, sticks to virus controls

China’s leaders have effectively acknowledged the struggling economy won’t hit its official 5.5% growth target this year

The Independent UK

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US aircraft carrier sails to South China Sea ahead of potential Pelosi trip to Taiwan

USS Ronald Regan and strike vessels sailed into the hotly contested waters “in support of a free and open Indo-Pacific region,” Navy says

The Independent UK

Apple Q3 Earnings Imminent: Why Investors Are Watching Supply Chain, Chip Shortage Impact And More

Apple, Inc.’s (NASDAQ: AAPL) supply chain in China was severely constrained in the June quarter, and the degree of impact could be quantified when Cupertino reports third-quarter results Thursday after the market closes. An earnings call is scheduled for 5 p.m. ET.

Benzinga

A richer, stronger China warns Pelosi not to visit Taiwan

In 1997, Beijing grumbled but swallowed its irritation when then-Speaker Newt Gingrich of the U.S. House of Representatives visited Taiwan

The Independent UK

New snake species discovered with bite so potent it can leave humans disabled

Scientists in China have discovered a new species of snake with venom that has the potential to cause disability in humans if not treated in time. A study into the snake warned people to watch out for the pit viper

Daily Mirror

Biden and Xi look to calm Taiwan nerves with phone call

US officials say the phone call is intended to ‘keep the lines of communication open’ with Xi

The Independent UK

Kishida to call for greater transparency of nuclear forces at NPT review meeting

Prime Minister Fumio Kishida plans to press world powers to provide greater transparency on their nuclear forces, and urge the United States and China to hold a dialogue on nuclear disarmament and arms control, The Yomiuri Shimbun has learned.

The Japan News/Yomiuri

Biden, Xi to hold fifth talk of their presidencies Thursday

President Joe Biden and Chinese President Xi Jinping are set to hold the fifth talk of their presidencies on Thursday morning amid rising tensions

The Independent UK

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The Guardian - AU

Pelosi’s Taiwan trip plan apparently confirmed by US lawmakers

US-China tension rising as Michael McCaul and Anna Eshoo say they were invited to travel with House speaker

Bangkok Post

US carrier strike group returns to S. China Sea amid Taiwan tensions

HONG KONG: A US aircraft carrier and its strike group have returned to the South China Sea after a port call in Singapore, deploying in the disputed region as tensions with China rise over a possible visit to Taiwan by congressional leader Nancy Pelosi.

Al Jazeera

China’s BYD was written off by Elon Musk. Now it’s beating Tesla

Shenzhen-based electric carmaker sold more than 641,000 vehicles in the first half of 2022.

The Independent UK

Nissan's profits plunge on COVID lockdown, chips crunch

Japanese automaker Nissan says its profit in the last quarter plunged to less than half of what it was a year earlier, as the COVID-19 lockdown in China and a global semiconductor shortage slammed production

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Reuters

China industry minister Xiao Yaqing under investigation -state media

China's minister of industry and information technology, Xiao Yaqing, has been placed under investigation for suspected violation of discipline and law, Chinese state media reported on Thursday.

Reuters

'Mostly verbal threats': Taiwan residents shrug off China's warnings on Pelosi visit

Many in Taiwan have shrugged off China's warnings about a possible trip to the democratic island by U.S. House Speaker Nancy Pelosi, saying they were accustomed to Beijing's sabre-rattling and saw no cause for alarm.

Reuters

U.S. carrier strike group returns to South China Sea amid Taiwan tensions

A U.S. aircraft carrier and its strike group have returned to the South China Sea after a port call in Singapore, deploying in the disputed region as tensions with China rise over a possible visit to Taiwan by congressional leader Nancy Pelosi.

Asharq Al-Awsat

Seeking New Funds, Hamas Raises Taxes in Impoverished Gaza

Gaza’s Hamas rulers have imposed a slew of new taxes on imported clothes and office supplies just ahead of the new school year, sparking limited but rare protests in the impoverished coastal strip. The move by the armed group comes at a time when Gaza’s 2.3 million people are suffering…

The News Lens

What’s Next for China’s Economy?

China’s economy shrunk from April to June compared to the first three months of the year.

Irish Mirror

National Security Adviser warns of 'accidental' nuclear war between the West and China

He warned of the “pace and scale with which China is expanding its nuclear and conventional arsenals”

Reuters

Japan to avoid capping defence spending next year - draft document

Japan will hold off on setting a ceiling for next fiscal year's defence spending, a draft of the government's budget outline reviewed by Reuters showed, underscoring resolve to beef up expenditure to counter China's growing military presence.

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