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The Latest Breaking News from China

New lockdowns in China as Covid picks up

China on Saturday reported its highest number of coronavirus cases since May, with millions in lockdown this weekend as authorities persist with their zero-Covid policy.

Bangkok Post

Newt and the Never Trumpers: Gingrich, Tim Miller and the fate of the Republican party

In two new books, a partisan warrior and a repentant operative paint an alarming portrait of a party gone rogue

The Guardian - US

Xi Jinping visits China's Xinjiang region amid criticism of mass detention

Analysts say it's possible a million people have been detained in the region over time, but the Chinese president shows no signs of backing down from policies that have come under criticism from the West.

ABC News

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US Navy ship again sails near disputed South China Sea islands

BEIJING: A United States Navy destroyer sailed near the disputed Spratly Islands on Saturday, the US Navy said, its second such "freedom of navigation" operation in a week in the South China Sea.

Bangkok Post

Biden meets with Arab Gulf countries to counter Iran threat

President Joe Biden on Saturday will meet with leaders of Arab Gulf countries in Saudi Arabia as he closes out of the final leg of a four-day trip meant to bolster U.S. positioning and knit the region together against Iran

The Independent UK

Morning Digest | Bhadrachalam in Telangana reels under severe flood threat; India-China military talks to be held on July 17, and more

A select list of stories to read before you start your day

The Hindu

India-China military talks to be held on July 17

The 16th round of talks will be held onthe Indian side of LAC in eastern Ladakh

The Hindu

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Smiles and unity at the Pacific Islands Forum mask tough questions shelved for another day

While leaders presented a picture of harmony, more vexing topics like Australia’s fossil fuel ambitions and China were kicked down the road

The Guardian - AU

The Weekly Wrap for Saturday, 16 July 2022

This week, a tour of the Subcontinent. Gotabaya Rajapaksa finally took the hint and people partied through the state of emergency. Pakistan is flooding (both ways) and India claims more bragging rights.

inkl Originals

U.S. approves possible sale of military assistance to Taiwan

The U.S. State Department has approved the potential sale of military technical assistance to Taiwan worth an estimated $108 million, the Pentagon said on Friday.

Reuters

U.N. urges end to Haiti gangs weapons supply; China wanted embargo

The United Nations Security Council on Friday unanimously threatened targeted sanctions against criminal gangs and human rights abusers in Haiti and called on countries to stop a flow of guns to the strife-torn Caribbean country.

Reuters

Alibaba vs. Amazon: Which E-Commerce Giant Is the Better Investment?

Despite high inflationary pressure and continued supply chain disruptions, resilient consumer spending and enhanced delivery services should help the e-commerce industry to stay afloat. However, considering the uncertain market conditions, e-commerce giants Amazon.com (AMZN) and Alibaba Group (BABA) are expected to remain under pressure. But is it wise to buy…

StockNews.com

Short-term outlook remains volatile, but stay the course

2022 has so far felt like a perfect storm for the global economy and financial markets. Changing monetary policy, decades-high inflation, the war in Ukraine and supply-chain disruptions, to name a few, have taken a toll on investor sentiment.

Bangkok Post

China slump and Fed on investors' minds

Recap: Asian shares were mixed yesterday as investors grew more concerned over the economic downturn after data showed a sharp second-quarter slowdown in China. However, some investors welcomed comments from two US Federal Reserve governors who said an overly aggressive interest-rate increase was probably not needed.

Bangkok Post

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Bangkok Post

AIMC touts short-term debt strategy

The Association of Investment Management Companies (AIMC) recommends investors focus on short-term debt investments from the US, China and Thailand as well as large-cap equities in emerging markets to avoid losses from a recession triggered by high inflation and rate hikes.

The Hindu

Dalai Lama’s Ladakh tour ‘completely religious’, says government functionary

The visit may rile China as it comes amid the military standoff between Indian and Chinese troops at several friction points in eastern Ladakh

The Guardian - AU

The seas are rising on Pacific islands nations – but so is their powerful resistance

As the climate crisis threatens their existence, an assertive new collective are using their leverage as a flashpoint in geopolitical tensions

Newsroom.co.nz

NZ cannot afford to be comfortable in the Pacific

While there are reasons for positivity about Aotearoa's role in the region, complacency could be catastrophic.

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The Guardian - UK

Joe Biden lands in Saudi Arabia seeking to halt shift towards Russia and China

Analysis: US president aiming to convince Jeddah to increase oil supply in order to calm global energy markets

StockNews.com

3 Steel Stocks to Help Fortify and Keep Your Portfolio Strong in the Long Term

The steel industry is expected to witness increased demand thanks to the construction sector's revival and the easing of COVID-19 restrictions in China. Given the industry’s solid growth prospects, fundamentally sound steel stocks Nucor Corporation (NUE), United States Steel Corporation (X), and Reliance Steel & Aluminum Co. (RS) could be…

Asharq Al-Awsat

Burberry, Richemont Shares Slump on China Jitters, Weaker US

Burberry and Richemont on Friday laid bare the damage to sales inflicted by China's strict lockdowns, driving their shares sharply down and renewing concerns about the outlook for the world's top luxury goods market. Signs of weakness creeping into the US market, the industry's other main growth engine, added to…

Motor1

Bentley Celebrates 20 Years In China With Four Special Mulliner Cars

Bentley is making just 80 in total – 20 for each model.

The Conversation

Ukraine Recap: Russian threats, Europe frets and China rises

Vladimir Putin’s imperial ambitions in Ukraine, dressed up for domestic consumption as a “military operation” to “de-Nazify” the country, have sent a shiver of apprehension through the rest of the region. In Moldova, particularly, where the small breakaway enclave of Transnistria gives Russia a foothold, many fear their country could…

Tribune News Service

Xi takes defiant victory tour as he closes in on third term

Xi Jinping’s trip to Xinjiang this week was the latest stop in a campaign-style tour that demonstrates the Chinese president’s willingness to defy foreign pressure before he secures a precedent-breaking third term.

The Hindu

Aprilia unveils SR Max250 HPE maxi-scooter

The Aprilia SR Max250 HPE, or High Performance Edition, maxi-scooter has been unveiled in China. Thi

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