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The Latest Breaking News from China

Company insolvencies jump 40% in England and Wales; China’s growth slumps – as it happened

Pandemic and economic uncertainty caused by Brexit have added to pressures on businesses, insolvency expert says

The Guardian - UK

China leader Xi visits Xinjiang amid human rights concerns

Chinese leader Xi Jinping visited the northwestern Xinjiang region this week amid concerns over China's detention of a million or more members of primarily Muslim ethnic native minorities

The Independent UK

Asian shares mixed after China says growth weakened in 2Q

Asian share prices are mixed after China reported its economy contracted by 2.6% in the last quarter as virus shutdowns kept businesses closed and people at home

The Independent UK

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UBS, Citi among banks hit by Asia rich clients’ pullback

A slump in client trading activity in Asia is threatening to slow a lucrative earner for the world’s biggest wealth managers.

Bangkok Post

China says relationship with Australia ready to ‘set sail again’ amid hopes coal import ban will be scrapped

Wang Yi’s declaration that China willing to ‘recalibrate’ ties accompanies possibility of compromise on trade disputes

The Guardian - AU

China's economic growth slows following COVID lockdowns

China's economy contracted in the three months ending in June compared with the previous quarter after Shanghai and other cities shut down to fight coronavirus outbreaks.

WEKU

‘Top Gun: Maverick’ enters the pantheon of conservative fan fiction

“Top Gun: Maverick,” the inescapable Tom Cruise blockbuster sequel, has been hailed as a cinematic throwback.

Bangkok Post

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China willing to ‘recalibrate’ strained Australia ties, FM says

Wang Yi says Australia should “correct” its understanding of China for relations to “set sail again”.

Al Jazeera

China’s economic growth slumps sharply after Covid lockdowns

Shutdown of cities takes its toll, while property market remains in crisis and global outlook darkens

The Guardian - AU

UN to vote on choking off small arms from gangs in Haiti

The U.N. Security Council has scheduled a vote for Friday on a resolution that calls on all countries to stop the transfer of small arms, light weapons and ammunition to any party supporting gang violence and criminal activity in Haiti

The Independent UK

China's economy grows at slowest pace since 2020 as lockdowns bite

Efforts to quash COVID infections brought factory production and consumer spending to a crawl.

Axios

China’s economy slows sharply, fanning global recession fears

Second quarter expansion of 0.4 percent is the weakest performance since the initial coronavirus outbreak in Wuhan.

Al Jazeera

China's economy shrinks during virus shutdown,

China’s economy contracted in the three months ending in June compared with the previous quarter after Shanghai and other cities were shut down to fight coronavirus outbreaks, but the government said a “stable recovery” is under way

The Independent UK

In China's Wuhan, cholera-causing bacteria in turtles strikes nerve

Detection in the Chinese city of Wuhan of a bacteria that caused cholera in a student and was separately found in samples from softshell turtles at a food market has struck a sensitive nerve with ordinary Chinese people, with some relating it to COVID-19.

Reuters

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Reuters

China willing to 'recalibrate' ties with Australia - Wang Yi

China-Australia relations are facing both challenges and opportunities at the present, and China is willing to "recalibrate" ties in the spirit of mutual respect, said Chinese Foreign Minister Wang Yi.

Reuters

China pushes for U.N. arms embargo on Haiti criminal gangs

China said on Thursday it wants the United Nations Security Council to impose an arms embargo on criminal gangs in Haiti as the 15-member body negotiates a resolution to extend a U.N. political mission in the strife-torn Caribbean country.

The Independent UK

China urges UN to ban small arms to criminal gangs in Haiti

China is urging the U.N. Security Council to try to cut off the supply of small arms, light weapons and ammunition to gangs in Haiti, which has been unable to stem an upsurge in criminal violence and kidnappings

ABC News

Pacific leaders to declare 'climate emergency' in PIF statement, praise Australia's move to lift emissions reduction target

Australia is set to sign up to a joint statement from Pacific Islands Forum leaders that is expected to declare a "climate emergency" and says there is a need for rapid and deep reductions in greenhouse gas emissions to limit global warming.

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Bangkok Post

Dechapol, Sapsiree sail through to last 8 stage

Mixed doubles stars Dechapol Puavaranukroh and Sapsiree Taerattanachai and women's singles hope Pornpawee Chochuwong booked their berths in the quarter-finals of the US$370,000 BWF Singapore Open on Thursday.

The News Lens

US Beefs up South Pacific Aid, Diplomacy as China Spreads Its Influence

Washington intends to return the U.S. Peace Corps to Fiji, Tonga, Samoa, and Vanuatu, citing progress toward reestablishing a U.S. Agency for International Development regional mission for the Pacific in Fiji.

France 24

Intimidation, crackdowns blow the lid off Chinese rural banking scandal

A massive scandal worth tens of billions of yuan is rocking the critical rural banking sector in China. Authorities blame a "criminal gang" for illegally siphoning off depositors’ money and preventing more than a hundred thousand Chinese from accessing their accounts for months.

ABC News

China was seen as a gold mine for Western tech companies but now they are leaving there empty-handed

US billionaires once believed the "sky would be the limit" when it came to making money in China, however, in recent months, several tech giants — including Amazon's Kindle and Airbnb — have joined a growing exodus from the country.

Axios

Schumer tees up vote on limited China competition bill prioritizing semiconductor funding

He's cutting bait — at least for now — on the broader U.S. Innovation and Competitiveness Act (USICA).

Foreign Policy

Abe’s Nationalism Is His Most Toxic Legacy

U.S. elites were happy to overlook the late Japanese prime minister’s historical revisionism.

Reuters

Biden administration reviewing China chip export policies, official says

The Biden administration is reviewing policies for the export of some semiconductor chips to China to ensure that advanced technological know-how does not ending up in Beijing, a top Commerce Department official said during a congressional hearing on Thursday.

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