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The Latest Breaking News from China

Top Financial Stories Thursday, September 1: Netflix Weighs Charging High Sum For Ads, Self Harm posts Grow On Twitter, California Fast-Food Bill Faces Industry Backlash…

Wall Street Journal

Benzinga

UN, China present opposed reports on Uighurs in Xinjiang

The 45-page UN report on the situation of Uighurs in Xinjiang was met with a 131-page rebuttal document from China.

Al Jazeera

Nasdaq Futures Slump As Nvidia China News Brings Tech-Sector Jitters, Investors Cautious Ahead Of Friday's Jobs Report

U.S. stocks appear on track to clock a fifth straight session of losses, with the tech sector potentially leading the slide after the U.S. asked domestic chipmakers not to supply AI chips to China to keep them out of the reach of the military.

Benzinga

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Rights groups call for inquiries into Uyghur abuses in China after damning UN report

Governments urged to launch formal investigations after UN findings on treatment of Muslims in Xinjiang

The Guardian - UK

More sports events scrapped in zero-Covid China

Hong Kong’s top badminton tournament has been cancelled because of stringent anti-Covid policies that required players to compete in an “isolation bubble”, organisers said on Thursday.

Bangkok Post

EU, responding to UN report, condemns rights violations in China

The European Commission, responding to a U.N. report that China may have committed crimes against humanity in its Xinjiang region, said on Thursday that it strongly condemns human rights violations in the country.

Reuters

China demands US drop tech export curbs after Nvidia warning

The Chinese government is calling on Washington to repeal technology export curbs after chip designer Nvidia Corp. said a new product might be delayed and some work might be moved out of China

The Independent UK

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IMF offers Sri Lanka provisional $2.9bn loan to tackle debt crisis

Funding still needs to be approved but could offer breathing space amid country’s economic turmoil

The Guardian - UK

EXPLAINER: Why is China so angry over UN report on Xinjiang?

China is responding furiously to a United Nations report on alleged human rights abuses in its northwestern Xinjiang region targeting Uyghurs and other mainly Muslim ethnic minorities

The Independent UK

First Thing: Sarah Palin loses Alaska race to Democrat Mary Peltola

Peltola’s win makes her the first Alaska Native to serve in the House. Plus, ‘supermajority’ of up to 80% of Americans back climate action

The Guardian - UK

S. Korea: China, Russia Hold Key to North's Denuclearization

China and Russia’s reluctance to toughen UN sanctions on North Korea is “the biggest challenge” facing efforts to eliminate the North’s nuclear arsenal, a top South Korean official said Thursday, as the North remains ready to conduct its first nuclear test in five years. China and Russia, which both have…

Asharq Al-Awsat

Uighurs demand accountability after UN report on China abuses

Uighurs say UN report confirms China’s atrocities in Xinjiang and the world has ‘no more excuses’ for failing to act.

Al Jazeera

China locks down 21 million people in Chengdu amid latest COVID-19 outbreak

Residents have been ordered to stay home and about 70 per cent of flights have been suspended to and from the city.

ABC News

U.S. pressure drives Russia, China and Iran closer together

U.S. adversaries are increasingly teaming up.

Axios

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Al Jazeera

Russia starts massive war games with China and other ally states

Vostok 2022 – which will last until September 7 – shows strengthening defence cooperation between Russia and China.

Reuters

Taiwan businessman offers funds to train civilian marksmen

One of Taiwan's richest men, Robert Tsao, said on Thursday he would provide T$1 billion ($33 million) to two civilian defence training programmes, in a private effort to strengthen the island's defences amid heightened tension with China.

Reuters

China has been simulating attacks on U.S. Navy ships, Taiwan says

China has been simulating attacks on U.S. Navy ships and is aiming to prevent foreign forces from coming to Taiwan's aid in the event of a war, Taiwan's defence ministry said in a strongly worded report raising the alarm on Beijing's military designs.

Chicago Tribune

Commentary: The US, Russia and China need to talk. They’re not, and that’s dangerous

The world, we are often told, is now defined by great power competition, where states like China and Russia are either seeking to overthrow the so-called rules-based international order or stealthily working within the system to change it to their benefit.

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Reuters

Two Chinese financial officials in Liaoning province expelled from Communist party

Two former financial regulating officials in northeast China's Liaoning province have been expelled from the Communist Party and dismissed from public office for bribery and corruption, China's banking and insurance regulator said on Thursday.

The Independent UK

China locks down 21 million in Chengdu in COVID-19 outbreak

Some 21 million people have been ordered to stay home in the southwestern Chinese city of Chengdu following a spike in COVID-19 cases

The Independent UK

S. Korea: China, Russia hold key to North's denuclearization

A top South Korean official says that China and Russia’s reluctance to toughen U.N. sanctions on North Korea is “the biggest challenge” facing international efforts to eliminate the North’s nuclear arsenal

The Times of India

India is new major player in Russian oil market once dominated by China

NEW DELHI: India has pushed into a corner of the Russian oil market once dominated by China, taking a record number of shipments of a Far Eastern grade as the fallout from Moscow’s invasion of Ukraine reshapes trade flows.

Asharq Al-Awsat

US Officials Order Nvidia to Halt Sales of Top AI Chips to China

Chip designer Nvidia Corp (NVDA.O) said on Wednesday that US officials told it to stop exporting two top computing chips for artificial intelligence work to China, a move that could cripple Chinese firms' ability to carry out advanced work like image recognition and hamper Nvidia's business in China. Nvidia shares…

Reuters

Hong Kong leader proposes 'reverse quarantine' for China travel

Hong Kong hopes to introduce "reverse quarantine" for people going to mainland China as the financial hub seeks to open up to the neigbouring technology city of Shenzhen after months of restrictions, the city leader said on Thursday.

Al Jazeera

UN report on Xinjiang ups pressure on brands from Nike to Airbnb

Landmark OHCHR report calls on businesses to take ‘all possible measures’ to respect human rights.

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