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The Latest Breaking News from China

Nancy Pelosi’s visit to Taiwan causes an ongoing Chinese tantrum in the Taiwan Strait

The recent visit to Taiwan by Nancy Pelosi, speaker of the United States House of Representatives, lasted just 24 hours.

The Conversation

Who needs enemies when you have friends like Orbán and Erdoğan?

Despite the threats of Russia, China, and stagflation, Hungary and Turkey are backstabbing the organisations they belong to – Nato and the EU, writes Oliver Hartwich

Newsroom.co.nz

China seizes on Pelosi visit to set ‘new normal’ for Taiwan

From the South China Sea to the Himalayas, Beijing has shown a willingness to seize on perceived missteps by its rivals to tighten its grip over disputed territory. That’s now playing out around Taiwan.

Tribune News Service

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Sherman, Australia's Wong reaffirm commitment to maintaining peace across Taiwan Strait

U.S. Deputy Secretary of State Wendy Sherman and Australian Foreign Minister Penny Wong discussed China's recent actions and reaffirmed their countries' commitment to maintaining peace and stability across the Taiwan Strait in a meeting on Monday, the U.S. State Department said.

Reuters

Chinese private security firms are growing their presence in Africa: why it matters

Chinese private security companies have found a profitable niche market in Africa: guarding Chinese executives and construction sites. They’re also securing Chinese vessels at sea against piracy.

The Conversation

U.S. slams China's 'unacceptable' disruption in countering fentanyl

China's move to suspend cooperation with the United States to combat narcotics trafficking, including illicit fentanyl, is "unacceptable," the White House said on Monday, as Beijing continued to protest a visit to Taiwan by U.S. House Speaker Nancy Pelosi.

Reuters

Biden says he is concerned about China's moves around Taiwan

U.S. President Joe Biden on Monday said he was not worried about Taiwan but is concerned about China's actions in the region since House of Representatives Speaker Nancy Pelosi's visit to Taipei.

Reuters

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U.S. Africa strategy stresses China, Russia threats

The United States released a new strategy document for sub-Saharan Africa on Monday, stressing the region's importance, the threats posed by China and Russia, and vowing to extend defense cooperation with like-minded African countries.

Reuters

Could China-Taiwan conflict escalate to a full blown military crisis?

Experts believe Beijing’s military aggression is largely a face-saving exercise, but conflict poses significant costs for Taiwan

The Independent UK

Thailand, China to resume air force exercises after pandemic pause

An annual joint fighter jets exercise between Thailand and China will resume later this month after being put on hold for two years during the pandemic, the Thai air force said, with a former U.S. air base chosen to host the event.

Reuters

Taiwan: the US has been strengthening support for years – now it needs a way to ease tensions with China

The recent visit by the speaker of the US House of Representatives to Taiwan, Nancy Pelosi, was made against the wishes of the US government and despite threats from the People’s Republic of China. Following Pelosi’s visit, China launched the largest military exercises ever held so close to the island…

The Conversation

China-Taiwan trade, and everything you need to know

US House of Representatives Speaker Nancy Pelosi has visited Taiwan in defiance of strong opposition from mainland China, and it is shaping up to have far-reaching implications for trade.

Bangkok Post

Benzinga Before The Bell: Elon Musk Confirms Tesla AI Day Part 2, Dogecoin Scam, BioNTech Q2 Earnings Shocker And Other Top Financial Stories Monday, August 8

CNBC Celsius Withdraws Motion To Rehire CFO

Benzinga

The climate bill could short-circuit EV tax credits, making qualifying for them nearly impossible

The U.S. Senate passed a far-reaching climate, energy and health care bill on Aug. 7, 2022, that invests an unprecedented US$370 billion in energy and climate programs over the next 10 years – including incentives to expand renewable energy and electric vehicles.

The Conversation

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ABC News

United States, Australia will 'watch very carefully' as China-Solomons pact takes shape, says US Deputy Secretary of State Wendy Sherman

United States Deputy Secretary of State Wendy Sherman has reassured the Pacific region the Biden administration is watching closely as the security pact between China and the Solomon Islands takes shape, warning a military base on the islands would "create security concerns for all".

Reuters

Companies in China distance themselves from Taiwan amid Pelosi backlash

From a Chinese soy sauce maker to an Asia-focused asset manager, companies in China are rushing to distance themselves from geopolitical tensions over Taiwan following last week's visit to the island by a high-profile U.S. official.

Reuters

Singapore PM warns of worsening geopolitical climate in national address

Singapore Prime Minister Lee Hsien Loong on Monday warned of the scope for miscalculations over tensions in the Taiwan Strait, which he said were unlikely to ease soon amid deep suspicion and limited engagement between the United States and China.

The Hindu

China asks India to stop ‘disturbing’ exchanges with Sri Lanka, says opposition to ship visit is ‘senseless’

China’s Foreign Ministry hit out at opposition to the visit, terming it “senseless” .“We have noted the relevant report,” spokesperson Wang Wenbin said in response to a question on Sri Lanka’s deferral request.

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The News Lens

China Says Military Drills Around Taiwan Will Continue

Several days of activity have disrupted shipping and air travel, with Taiwan saying the move amounts to a blockade.

The Independent UK

China announces fresh military drills around Taiwan

Beijing says it will conduct anti-submarine drills and sea assault operations

The Guardian - UK

First Thing: Senate passes $739bn healthcare and climate bill

Inflation Reduction Act will reduce planet-heating emissions and lower prescription drug costs – and give Biden a crucial victory. Plus, meet Casper the ghostly octopus

The Independent UK

Fire engulfs historic wooden bridge in southern China

Authorities are investigating the cause of a fire that engulfed a covered wooden bridge with 900 years of history in southeastern China over the weekend

Reuters

China foreign ministry: Military drills in 'waters off its own territory' open, transparent

(This Aug 8 story corrects quote in lead, headline to 'waters off its own territory' not 'in our own waters')

The Guardian - UK

Weather tracker: no relief as heatwaves continue in parts of Europe and China

Meanwhile heavy rainfall predicted to far exceed annual averages in South and North Korea

Al Jazeera

Taiwan, once world’s factory, taps tourism to keep plants alive

‘Tourism factories’ seek to give new life to industries that have for years been moving operations overseas.

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