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The Latest Breaking News from China

Joe Biden Could Ease Trump-Era Tariffs On China To Tame Inflation

President Joe Biden is considering rolling back some tariffs imposed on Chinese goods during the term of former President Donald Trump as the United States grapples with inflation.

Benzinga

'I will solve India-China dispute in my lifetime' approach won't work, says Ram Madhav

“Don’t be in a hurry for a (Indo-China border) solution... Don’t be too much after legacy that it should be solved in my lifetime,” says Ram Madhav

The Hindu

China COVID Controls Makes Apple Supplier Pegatron ‘Emphasize’ Expansion Elsewhere

China's recent lockdowns to control the spread of COVID-19 have made Apple Inc iPhone assembler Pegatron Corp "emphasize" its expansion in other countries, a senior executive at the Taiwanese firm said on Wednesday. In April, Taiwan-headquartered Pegatron suspended operations at its Shanghai and Kunshan plants in China due to strict…

Asharq Al-Awsat

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India jumps 6 places to 37th rank on IMD's World Competitiveness Index

Denmark has moved to the top of the 63-nation list from the third position last year

The Hindu

ECB to devise new tool to help indebted countries as markets await Fed rate rise – as it happened

Investors wait to see how aggressive US Federal Reserve will be in raising rates; Italian bond yields tumble, euro and stocks rise as ECB holds surprise meeting

The Guardian - UK

Shanghai Composite Index Rose 0.5% on Wednesday

Shenzhen Component Index closed up 0.95%

Caixin Global

Strategist: Last Australian government lost Chinese votes

A campaign strategist says the previous Australian government’s stance against a more aggressive China drove away many Chinese-Australian voters at recent elections who considered the administration’s language had licensed racism

The Independent UK

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Japan, Australia to expand defense ties for regional order

Japan and Australia’s defense ministers have vowed to step up their ties to support democratic values in the Indo-Pacific region and agreed to work more closely with Southeast Asia and the Pacific island nations where China is seeking to expand its influence

The Independent UK

Haze Fan was released on bail in January pending trial: China

Beijing-based journalist with Bloomberg News is accused of breaking national security laws.

Al Jazeera

New Hong Kong textbooks ‘will claim city never was a British colony’

School books will reportedly say China never recognised the treaties that ceded it to colonial powers during opium wars

The Guardian - AU

EU bought 61% of Russia's fossil fuels in first 100 days of Ukraine war

NEW DELHI: Russia's invasion of Ukraine since late February has pushed up energy prices to record highs and tightened global supplies.

The Times of India

Xi Jinping Directs Chinese Troops To Carry 'Special Military Operations' Abroad

Chinese President Xi Jinping, who is also a chairman of the Central Military Commission, signed an order outlining China's "military operations other than war," – which will allow the Chinese troops to undertake "special military operations" abroad.

Benzinga

Taiwan condemns Qatar for 'politicising' World Cup amid China spat

Taiwan's Foreign Ministry condemned organisers of the World Cup in Qatar on Wednesday for saying Taiwanese fans may be listed as being from China, and demanded organisers not allow "improper political factors" to interfere in sporting events.

Reuters

Penny Wong to meet Solomon Islands PM in effort to mend ties after China deal

Foreign affairs minister will first fly to New Zealand for talks with her counterpart Nanaia Mahuta

The Guardian - AU

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ABC News

Penny Wong to visit New Zealand, Solomon Islands amid concern over climate change, China security pact

Foreign Minister Penny Wong will travel to New Zealand and Solomon Islands this week to discuss climate change and regional security, in her third visit to the Pacific since being sworn in last month.

The Independent UK

Spy agencies' focus on China could snare Chinese Americans

China is the foremost challenge for U.S. national security agencies, a so-called “hard target” that is America’s chief rival for global dominance

The Times of India

When will bulldozers run over China-built structures in Ladakh: Shiv Sena dig at BJP

Taking a dig at the BJP, the Shiv Sena on Tuesday asked when will it run bulldozers over structures built by China in Ladakh.

Bangkok Post

Shanghai lockdown sees quarter of US firms cut investment plans

SHANGHAI: Shanghai's lengthy Covid-19 lockdown pushed a quarter of US firms in the city to cut investment plans and nearly all to drop revenue forecasts, a business group said Wednesday.

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Reuters

China probes former head of national reserves bureau over discipline violation

China is investigating the former head of its national reserves bureau for severe violations of law and discipline, state television said on Wednesday.

The Guardian - AU

New Zealand to boost maritime security with Solomon Islands amid China focus on Pacific

‘Small work plan’ is another signal of intensifying security interests in the region, in the wake of Beijing’s security deal with Honiara

Bangkok Post

Looming debt crunch positions Laos as next possible Asia default

Laos, with dwindling cash reserves and surging inflation, is facing some of the same strains that pushed Sri Lanka to default and threatens Pakistan’s balance of payments.

Reuters

Australia's foreign minister Wong to travel to Solomon Islands amid concern over China security pact

Australia's foreign minister will travel to the Solomon Islands on Friday to meet with Prime Minister Manasseh Sogavare amid concern over the regional impact of a security deal between the Pacific islands nation and China.

AAP

Foreign minister to visit Solomons, NZ

Penny Wong will make her first visits to New Zealand and the Solomon Islands as foreign minister as Australia continues to increase its focus on the Pacific.

Benzinga

FedEx Increases Dividend, Stock Up 13% - Ring The Bell Newsletter

Happy Tuesday Zingernation!

Reuters

U.S. rebuffs China by calling Taiwan Strait an international waterway

The United States on Tuesday backed Taiwan's assertion that the strait dividing the island from the Chinese mainland is an international waterway, a further rebuff to Beijing's claim to exercise sovereignty over the strategic passage.

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