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The Latest Breaking News from China

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

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

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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

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

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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

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.

Evening Standard

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

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 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…

Asharq Al-Awsat

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.

WEKU

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

The Independent UK

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.

Reuters

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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?

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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…

The News Lens

China Trying To Fight Back US Ban on Its Chip Industry

On Thursday, the U.S. government broadened its crackdown on China’s chip industry by adding memory chipmaker YMTC and 21 “major” Chinese players in the artificial intelligence chip sector to a Commerce Department trade blacklist.

Bangkok Post

Beijing crematoriums strain under Covid wave

BEIJING: Workers at Beijing crematoriums said Friday they are overwhelmed as China faces a surge in Covid cases that authorities warn could hit its underdeveloped rural hinterland during upcoming public holidays.

The Independent UK

As regional threats rise, Japan eases defense-only strategy

Japan's strict self-defense-only postwar principle is being loosened

Reuters

Pacifist Japan unveils unprecedented $320 billion military build-up

Japan said on Friday it would begin a once-unthinkable $320 billion military build-up that would arm it with missiles capable of striking China and ready it for a sustained conflict as regional tensions and Russia's Ukraine invasion stoke war fears.

Caixin Global

Shanghai Composite Index Ended Nearly Flat on Friday

Shenzhen Component Index closed down 0.56%

Asharq Al-Awsat

Biden Tells Leaders US is 'All in' for Africa

US President Joe Biden threw his support Thursday behind a larger African role in the world as he also vowed to champion democracy in a continent where China and Russia have enjoyed rising clout. "The United States is all in on Africa and all in with Africa," Biden told nearly…

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