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The Latest Breaking News from China

China foreign minister seeks 'new golden era' of ties with Philippines

China's foreign minister said on Wednesday Beijing was ready to work with new Philippines President Ferdinand Marcos Jr to help usher in what he called a "new golden era" in the countries' relationship.

Reuters

Shanghai Composite Index Fell 1.43% on Wednesday

Shenzhen Component Index closed down 1.25%

Caixin Global

Marcos plays balancing act in meeting with China's FM

New Philippine President Ferdinand Marcos Jr. will meet China’s top diplomat to discuss long-simmering disputes in the South China Sea as he wades into foreign policy dilemmas that include the U.S.-China rivalry in the region

The Independent UK

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Oil steadies near $100 after plunging on recession concerns

Oil steadied near $100 a barrel as banks including Goldman Sachs Group Inc. said a plunge driven by fears a recession will hurt demand was overdone, and the outlook for energy consumption in China improved.

The Times of India

Women's Hockey World Cup: Uninspiring India eye win against New Zealand to stay in hunt for direct quater-final spot

AMSTELVEEN: A lacklustre Indian women's hockey team would need to tick all boxes against New Zealand in its final Pool B match here on Thursday to seal a direct berth in the quarterfinals of the FIH World Cup.

The Times of India

PM Modi wishes Dalai Lama on his 87th birthday

The Dalai Lama has been living in exile in India after fleeing China in 1959

The Hindu

Shanghai, Beijing order new round of mass COVID-19 testing

Residents of parts of Shanghai and Beijing have been ordered to undergo further rounds of COVID-19 testing following the discovery of new cases in the two cities

The Independent UK

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Fresh Covid Outbreaks Put Millions Under Lockdown in China

Tens of millions of people were under lockdown in China on Wednesday as businesses in a major tourist city were forced to shut their doors and fresh clusters sparked fears of a return to blanket restrictions. Health authorities reported over 300 infections Wednesday, with clusters found in the historic northern…

Asharq Al-Awsat

Australian superannuation industry leaders to visit Indonesia to turbocharge business ties

Former Labor frontbencher Greg Combet says group will examine viability of infrastructure investment opportunities as Australia tries to move past its reliance on China

The Guardian - AU

G-20 meeting may lead to wider divisions over war in Ukraine

Foreign ministers from the world’s largest nations are looking to address the war in Ukraine and its impact on energy and food security when they meet this week

The Independent UK

China willing to deepen cooperation with Russia within multilateral frameworks

China is willing to deepen cooperation with Russia within multilateral frameworks including the G20, Chinese Vice Foreign Minister Ma Zhaoxu told the Russian Ambassador to China, Andrey Denisov.

Reuters

Chinese Communist Party donates police equipment to Solomon Islands

Senior Australian officials are expressing their unease about China's growing police cooperation with Solomon Islands, as Australia has always been the major provider of police training in Honiara.

ABC News

China battles karaoke COVID cluster in Shanghai among other outbreaks

China is fighting nascent COVID-19 flare-ups across the country with mass testing and fresh restrictions, including in weary Shanghai where new cases have been linked to a building which houses a karaoke lounge that was operating illegally.

Reuters

Morning Digest | Top U.K. Ministers Rishi Sunak, Sajid Javid resign; China backs Pakistan in opposing G20 Kashmir meetings, and more

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

The Hindu

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Reuters

COVID and bust: China's private health system hurt by tough coronavirus controls

On March 24, a court in the central Chinese city of Fuyang announced that a $1.5 billion hospital built just four years earlier had filed for bankruptcy because it was unable to pay its debts.

Bangkok Post

Chinese investors courted

Prime Minister Prayut Chan-o-cha has invited the Chinese to scale up their investment in Thailand, saying the country's strategic location perfectly positions it as a hub for regional logistics.

Al Jazeera

Blinken to meet China’s Wang, shun Russia’s Lavrov at G20 talks

Top US diplomat will call on G20 nations to put pressure on Russia to reopen sea lanes blocked by the Ukraine conflict.

The Conversation

Concerns over TikTok feeding user data to Beijing are back – and there's good evidence to support them

When English statesman Sir Francis Bacon famously said “knowledge is power”, he could hardly have foreseen the rise of ubiquitous social media some 500 years later.

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Ballotpedia

Economy and Society: July 5, 2022- SCOTUS ruling impact on SEC

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Newcastle Herald

RSPCA and others must hound leaders for sturdier dog owner laws

I couldn't believe the amount of dogs being disposed of by some irresponsible people who bought a dog through COVID only to discard them when the novelty wears off.

The Guardian - AU

Australian trade minister offers ‘compromise’ with China over anti-dumping tariffs

Australia is proceeding with trade disputes in WTO but Don Farrell says other options may emerge in talks between two countries

Asharq Al-Awsat

Tesla Plays ‘Whack-A-Mole’ with Snags as Deliveries Fall for First Time in Two Years

Tesla Inc faces a series of hurdles ranging from production snags to rising inflation that may hit profits, Wall Street analysts said on Tuesday, as the electric-car maker reported a fall in deliveries for the first time in two years. Stung by China's COVID-19 lockdowns and soaring costs, Tesla said…

The Times of India

India register second draw in Women's Hockey World Cup, held 1-1 by China

AMSTELVEEN: India were held to a 1-1 draw by China, their second consecutive identical result in Pool B, at the FIH Women's Hockey World Cup here on Tuesday.

Benzinga

Read Alibaba's Role In Shanghai's Recent Infamous Police Database Hack As China Struggles To Censor Breach News

China has rapidly censored news of the alleged hacking of a Shanghai police database, potentially compromising the personal data of more than one billion people, the Financial Times reports.&nbs

Benzinga

Eaton Acquires 50% Stake In Jiangsu Huineng Electric's Circuit Breaker Business

Eaton Corporation PLC (NYSE:ETN) has acquired a 50% stake in the circuit breaker business of Jiangsu Huineng Electric Co., Ltd. (Huineng), which manufactures and markets low-voltage circuit breakers in China. "The combination of application-tailored products with our global distribution channels positions us to capitalize on opportunities in high-growth market segments such as renewable…

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