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The Latest Breaking News from China

Shanghai Composite Index Rose 1.62% on Thursday

Shenzhen Component Index closed up 2.19%

Caixin Global

China's coastal ecosystems still unhealthy despite recent progress, official says

Most of China's marine ecosystems are still in poor health despite recent improvements, and more efforts are needed to restore, protect and monitor coastal waters, an environment ministry official said on Thursday.

Reuters

Record numbers of Chinese graduates enter worst job market in decades

Jenny Bai was among 10 high-performing computer science students from different Chinese universities selected by a Beijing-based internet firm for a job upon graduation, following four rounds of arduous interviews.

Reuters

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Yamaha likely to bring NMax 155 to India

Yamaha has launched the updated NMax 155 scooter, which is based on the Aerox 155, in China. Conside

The Hindu

China hosts BRICS meeting amid rising economic concerns

Chinese President Xi Jinping is hosting a virtual summit with the leaders of Brazil, Russia, India and South Africa collectively known as the “BRICS," amid rising concerns over the global economic outlook and a growing political divide between Beijing and New Delhi

The Independent UK

China’s Xi talks of Russia-Ukraine war as ‘alarm for humanity’

Speaking at a virtual business forum, Chinese president also questions the utility of sanctions against Russia.

Al Jazeera

China, India may be buying more Russia oil than known, US says

WASHINGTON: China and India may be buying more Russian oil than the US previously believed, easing a supply crunch in global markets and potentially driving a recent price decline, one of President Joe Biden’s economic advisers said.

The Times of India

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New Zealand's China dilemma: reviving ANZAC spirit region's best defence

Has our neighbour recognised that the threat to its security is of greater significance than protecting its economic interests?

Newcastle Herald

Family of food delivery driver Xiaojun Chen, who died at work, granted $830k compensation

A landmark court ruling finds Xiaojun Chen was an employee of Hungry Panda when he died after being hit by a bus in Sydney, entitling his widow and children to compensation.

ABC News

G7, NATO leaders to ratchet up pressure on Russia, keeping eye on China -U.S. officials

Leaders from the Group of Seven rich nations and the NATO alliance will seek to increase pressure on Russia over its war in Ukraine at meetings next week, while making clear that they remain concerned about China, senior U.S. administration officials said on Wednesday.

Reuters

Nato summit to host Asia-Pacific leaders for first time in show of ‘democratic’ unity aimed at Russia and China

‘Russia obviously continues to be the most serious and immediate threat to the alliance, but the strategic concept will also addressed the multifaceted and longer term challenges posed by the PRC to Euro-Atlantic security’

The Independent UK

Senior ministers to retire before Victoria’s election – as it happened

This blog is now closed

The Guardian - AU

Polysilicon Price Hits 11-Year High on Surging Solar Panel Demand

Key green energy material gains 25.8% in a year, sparking Chinese suppliers to plan a quadrupling of capacity by next year

Caixin Global

BRICS partners may offer Russia a way out of sanctions impasse

The 2022 summit between leaders of China, Russia, India, Brazil and South Africa (BRICS) starts tomorrow, Thursday. In a speech preceding the virtual gathering, the host, Chinese President Xi Jinping, warned against "expanding" military ties. Meanwhile, only one BRICS country is critical of Russia's invasion of Ukraine, while some of…

Radio France Internationale

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news in one place.

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Benzinga

Telsey Advisory Cuts Nike Price Target - Read Why

Telsey Advisory Group analyst Cristina Fernández has lowered the price target on Nike Inc (NYSE:NKE) to $140 (32% upside) from $170 and kept Outperform rating on the shares. The analyst cited near-term risks, including the impact of strict COVID lockdowns in China, demand decline in wholesale channel, given lowered expectations for 2H22 by key partners…

ABC News

Anthony Albanese is invited to visit PNG but its citizens must first elect a prime minister

In less than a fortnight, Papua New Guineans will head to the polls in an election that will likely see James Marape or Peter O'Neill elected prime minister. With tensions in the region high, the vote is being closely watched.

The Hindu

The role of caste in economic transformation

The divergent outcomes in structural transformation in the global South, i.e., India, China and S.E. Asia, are illustrative

ABC News

RAAF sent second jet into South China Sea hours after Chinese air force's 'dangerous' interception

Australia's air force was not deterred by a "dangerous" interception by a Chinese fighter jet last month, with new details emerging that the RAAF deployed a second Poseidon aircraft to the South China Sea the day after the incident.

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news in one place.

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Manchester Evening News

Man arrested after iconic pagoda vandalised in Manchester's Chinatown

The structure will now be closed while repairs are carried out

Benzinga

Macro Headwinds Accelerate Cango's Drive to Car Trading from Auto Finance

Key Takeaways: Cango’s revenue fell 30% in the first quarter, led by a 74% decline in its legacy auto financing business that the company is de-emphasizing in favor of broader auto trading services

Tribune News Service

Starbucks likely to tap board director to fill top job as Schultz exit looms

Starbucks Corp.’s hunt for a new chief executive officer has no shortage of complications: The coffee giant’s crucial China business is sputtering and its US stores are grappling with unionization efforts, potential turnoffs for plum candidates. The company lacks natural internal successors after the departure last year of two C-suite…

The Guardian - UK

Harrods delays summer discount sale due to global supply chain issues

Supplies are running ‘two to three weeks’ behind, a situation the store says has been exacerbated by post-Brexit staff shortages

The News Lens

‘After Yang’ Is Infused With Asian Americanness

‘After Yang’ is a sci-fi grounded in a plausible future history, conveying an uncanny sense of frisson familiar to Asian Americans, American Asians, or indeed anyone caught between two cultures in hard-to-delineate ways. The film is part of the 2022 Taipei Film Festival.

Daily Mirror

War in Ukraine has 'shattered peace in Europe', says NATO chief before summit

Secretary-General Jens Stoltenberg spoke out days before alliance leaders gather in Madrid for a major summit the crisis, more arms for Kyiv and how to deal with China

Benzinga

JX Luxventure Adopts $5M Stock Buyback Program; Inks $30M Sales Agreement

JX Luxventure Ltd (NASDAQ:LLL) Board of Directors has authorized a share repurchase program of up to $5 million shares. The funds for the repurchases under the program will be personally provided by the CEO, Sun Lei. The Board thinks the share buyback program will restore shareholder confidence in the company as the current…

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