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The Latest Breaking News from China

Why MGM Resorts Stock Is Trading Higher Today

MGM Resorts International (NYSE: MGM) shares are trading higher Tuesday following bullish analyst coverage from JMP Securities.

Benzinga

G7: China must press Russia to stop Ukraine invasion

G7 leaders urged China on Tuesday to uphold the principle of peaceful settlement of disputes by pressing Russia to stop its invasion of Ukraine and dropping its "expansive maritime claims" in the South China Sea.

Reuters

Nato summit: Everything you need to know about meeting in Madrid

The Standard guides you through the event, why it matters and the key decisions Boris Johnson and other leaders are set to take in Madrid

Evening Standard

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China cuts travel quarantine in biggest COVID zero shift yet

China reduced quarantine times for inbound travelers by half, the biggest shift yet in a COVID-19 policy that has left the world’s second-largest economy isolated as it continues to try and eliminate the virus.

Tribune News Service

NATO summit to open as leader warns of 'dangerous' world

NATO Secretary-General Jens Stoltenberg says Russia’s invasion of Ukraine has sparked a “fundamental shift” in the alliance's approach to defense

The Independent UK

Australians favour more defence spending in Lowy poll, as Labor extends ADF chief Angus Campbell's term

Australians are becoming more fearful in an insecure world, and want to see the country armed up, favouring more defence spending and the planned acquisition of nuclear-powered submarines.

The Conversation

Woman rescues stray 'puppy' from garden - then expert confirms it's not a dog

Hu Nan, from Shanghai, China, found an abandoned 'puppy' in her garden and raised it for two months before an animal expert confirmed it was actually a raccoon dog

Daily Mirror

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NATO 2022 summit: Where is it being held, who is attending and what is on the agenda?

NATO leaders are due to gather for a summer summit to set a new direction for the alliance in response to Russia’s brutal invasion of Ukraine and the planned expansion of China's military

Daily Mirror

China Relaxes Quarantine Requirements for Inbound Travelers

Length of quarantine cut to 10 days in total, down from 21

Caixin Global

Opinion: How China Could Address Its Green Finance Challenges

To further grow the business, China should align its definitions with international standards, expand the scope of carbon trading and incorporate more advanced risk modeling and management

Caixin Global

Volkswagen Unveils 1st Electric Mid-Size Sedan To Take On Tesla In China, Europe Next Year

Volkswagen Group (OTC: VWAGY) on Monday unveiled the first electric mid-size sedan it plans to start selling in China and Europe in the second half of next year.

Benzinga

Nato to label China ‘systemic challenge’ in strategic plan

MADRID: Nato is set to label China a “systemic challenge” when it outlines its new policy guidelines this week, while also highlighting Beijing’s deepening partnership with Russia, according to people familiar with the matter.

The Times of India

Tencent to Explore Hardware Opportunities with Extended Reality Unit

China's Tencent Holdings said it saw multiple opportunities to explore extended reality (XR) technologies in the next 4-5 years and that it had set up a unit focused on exploring the space, confirming an earlier Reuters report. The company's gaming chief Steven Ma made the comments to local media on…

Asharq Al-Awsat

UK car industry calls for government help on energy bills as Brexit costs rise

Manufacturers hit by energy cost rises of up to 50% as well as Covid lockdowns and chip shortages

The Guardian - UK

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Asharq Al-Awsat

Iran Applies to Join China and Russia in BRICS Club

Iran, which holds the world's second largest gas reserves, has applied to join the BRICS group of Brazil, Russia, India, China and South Africa that Beijing and Moscow cast as a powerful emerging market alternative to the West. The term BRIC was coined by Goldman Sachs economist Jim O’Neill in…

The Independent UK

China reduces quarantine for people arriving from abroad

China has announced an easing of its quarantine requirement for people arriving from abroad, but stopped short of lifting what remains a stringent policy compared to most other countries

The Hindu

AFC extends deadline for 2023 Asian Cup hosting rights bids

Interested parties must confirm their bid by July 15, the AFC said in a statement after China’s strict COVID-19 policy resulted in the event being moved out of the country

Reuters

Africa's dream of feeding China hits hard reality

Watching workers poke avocados from the treetops in an orchard owned by Kenyan agriculture firm Kakuzi, managing director Chris Flowers revels in the thought some might soon go to the crown jewel of emerging consumer markets: China.

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Reuters

What's changed - or stayed the same - since Hong Kong returned to China

Hong Kong returned to China in 1997 after 156 years of British colonial rule. China promised the city wide-ranging freedoms denied to those in mainland China for 50 years, although some say China has reneged on those promises, especially since 2020 under a new national security paradigm.

Reuters

China's heatwaves drive power consumption to record highs

Power consumption in several Chinese regions rose to record highs over the weekend, as persisting heatwaves spurred the use of air conditioners to help people cool off.

Asharq Al-Awsat

NATO Holds Summit with Gaze on Russia - and China

Russia’s invasion of Ukraine has shocked NATO back to first principles. Seven decades after it was founded, the North Atlantic Treaty Organization is meeting in Madrid this week with an urgent need to reassert its original mission: preventing Russian aggression against Western allies. Leaders of the world’s most powerful military…

The Guardian - AU

India now third most common place of birth of Australian residents, census results show

ABS data shows that in 2021 more than 600,000 residents were born in India, overtaking China and New Zealand

Caixin Global

Shanghai Composite Index Rose 0.89% on Tuesday

Shenzhen Component Index closed up 1.23%

Asharq Al-Awsat

Shanghai Disney Resort Says to Reopen Disneyland Theme Park on June 30

The Shanghai Disney Resort said on Tuesday it will reopen Disneyland theme park on June 30. "The magic is back!" the company said on its Weibo account. The Resort reopened Disneytown and Shanghai Disneyland Hotel on June 16. Shanghai Disney Resort has been closed since March 21 due to the…

Reuters

China slashes COVID quarantine time for international travellers

China slashed the quarantine time for inbound travellers by half on Tuesday, in a major easing of COVID-19 curbs that have deterred cross-border travel and resulted in international flights running at just 2% of pre-pandemic levels.

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