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The Latest Breaking News from China

Biden weighing actions to curb US investment in China technology

WASHINGTON — The Biden administration is considering moves that would restrict U.S. investment in Chinese technology companies amid growing tensions between the United States and China, according to people familiar with the matter.

Tribune News Service

Taiwan sends special envoy to former pope's beatification

Taiwan President Tsai Ing-wen has sent a special envoy to attend this weekend's beatification of former Pope John Paul I, saying it demonstrates the close relations between the island and the Vatican, which has been courting China.

Reuters

Are Chinese Cars On Par With Brands Abroad?

The market is growing, and more cars are coming from China. Will they find success against established brands in other regions?

Motor1

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US approves potential $1.1bn weapons sale to Taiwan

Potential sale of anti-ship and air-to-air missiles to Taiwan comes amid heightened tensions between US and China.

Al Jazeera

Pentagon aims to speed arms sales to allies to better compete with China- WSJ

The Pentagon has launched a comprehensive push to accelerate sales of U.S. arms to foreign allies, to better compete with China and replenish arsenals of friendly nations that have given military gear to Ukraine, the Wall Street Journal reported on Friday.

Reuters

US to OK $1B arms sale to Taiwan as tensions rise with China

The Biden administration is set to announce a more than $1 billion arms sale to Taiwan as U.S.-China tensions escalate over the status of the island

The Independent UK

The NPT is beginning to look shaky

Sustaining it requires facing up to today’s political realities such as the growing rivalries in a multipolar nuclear world

The Hindu

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New Zealand’s shadow foreign affairs spokesperson faces criticism for response to UN report on Uyghurs

Gerry Brownlee says report on human rights violations in Xinjiang recognises China is ‘dealing with a terrorist problem’

The Guardian - AU

Civilisations like India, China, Egypt have self esteem and can't be threatened: Sergey Lavrov

Our relations with India rest on a solid foundation, says Russia’s Foreign Minister

The Hindu

India to host Quad senior officials’ meeting

Meeting comes ahead of PM Modi’s visit to SCO summit with Russia, China

The Hindu

Five problems that could slow supplies of food, computers, cars and other goods this winter

The pandemic highlighted how interconnected the world is right now. Multiple bottlenecks have disrupted global supply chains – the networks of people, companies and modes of transport that order and manufacture goods and deliver them to warehouses, shops or even right to our doors.

The Conversation

Jianzhi Education Debuts Like Meme, But Then Gets Lesson in Gravity

Key Takeaways: Jianzhi Education’s big first-day jump, followed by gradual declines back to its IPO price, signal the recent parade of China meme stocks on Wall Street could be losing steam

Benzinga

U.S.-China Audit Deal Won't Slow Hong Kong Dual Listing Train, Analysts Say

Key Takeaways: Despite a landmark U.S.-China information-sharing agreement, some predict dual listings in New York and Hong Kong will remain the preferred choice for Chinese stocks UBS estimates Hong Kong Stock Exchange trading volume could rise up to 25% if all U.S.-traded Chinese stocks delist from New York and move…

Benzinga

Biden to host Pacific Island summit with wary eye on China

President Joe Biden will host Pacific Island leaders in Washington later this month amid growing worries by the U.S. and Western allies about China’s activity in the region

The Independent UK

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Reuters

China launches campaign against online rumours ahead of party congress

China's cyberspace watchdog said on Friday it would a launch a three-month campaign to clear up "rumours and false information involving major meetings", just weeks before the ruling Communist Party holds its five-yearly congress.

The Independent UK

Beijing taps into anti-West resentment to counter UN report

After a new U.N. report concluded that China's crackdown in its far-west Xinjiang region may constitute crimes against humanity, China is using a well-worn tactic to deflect criticism: blame a Western conspiracy

RideApart

Benelli Is Working On A New 799cc Engine With 95 Horsepower

Benelli, through its parent company in China, Qianjiang, is developing a new 799cc parallel-twin engine that produces up to 95 horsepower.

Bangkok Post

2 China-made trains of Indonesia high-speed railway arrive in Jakarta

JAKARTA: A high-speed electric passenger train and an inspection train, made in China and customised for the Jakarta-Bandung high-speed railway project, arrived in the Jakarta Port from China's Qingdao Port on Thursday.

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Benzinga

Top Financial Stories Friday, September 2: GM's Cruise Recalls Some Robotaxis Over Software Glitch, Chinese Tech Giant Suffers $43M Impairment Loss On Bitcoin and Ethereum Holdings And More..

Wall Street Journal

Kiplinger

Protect Your Retirement Income from Inflation

With a new President promising tariffs on imported goods from China, Mexico and Canada, inflation may rise in 2025, but that doesn’t have to jeopardize your long-term security.

The Japan News/Yomiuri

Fraught relations with China call for 'shitataka' approach by Kishida

"Shitataka" is a Japanese word with multiple meanings that even Japanese find difficult to explain in simple terms. For example, it can be used in the following way: "She is a quick-witted and shitataka woman." In this case, "shitataka" has a positive meaning, such as "clever," "patient" or "a tough…

WEKU

An economic perfect storm is battering emerging markets. Debt crises loom

With a strengthening dollar and rising commodity prices, developing nations are having a hard time paying their debts.

Axios

"Battery passports" could help electric cars qualify for tax credits

Blockchain tech could help automakers prove their batteries' origin stories.

Reuters

China accuses Taiwan's ruling party of attempting to hype tensions after drone shooting

China's foreign ministry on Friday said Taiwan's ruling party was attempting to hype tensions, after the self-governed island shot down an unidentified civilian drone this week.

Asharq Al-Awsat

Taiwan Shooting Down Drone Near China Was ‘Appropriate’, Premier Says

Taiwan's shooting down of a drone off the Chinese coast that buzzed a Taiwanese-controlled island was the most "appropriate" thing to do after repeated warnings, and China should exercise restraint, Taiwan Premier Su Tseng-chang said on Friday. Taiwan's military for the first time shot down an unidentified civilian drone that…

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