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The Latest Breaking News from China

Cambodia, China revamp naval base near Thailand, stoking US fears

Cambodia and China on Wednesday broke ground on a Beijing-funded project to revamp a naval base – about 200km by sea from Trat province – that the US fears is intended for Chinese military use.

Bangkok Post

Nike to end its Run Club app in China in the latest retreat by a US brand

The world's largest sportswear brand will be discontinuing its running app in China come July, in a move that follows other mega US brands exiting the Chinese market.

ABC News

China-Solomon Islands security deal could lead to a 'difficult' situation for Australian troops in Honiara

Solomon Islands and China signed a wide-ranging security deal in April that opens the way for Beijing to send police and military forces to the Pacific nation, but there are questions over how the agreement will operate.

ABC News

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Shanghai Composite Index Rose 0.68% on Wednesday

Shenzhen Component Index closed up 0.82%

Caixin Global

Chinese Olympian Eileen Gu working for Salt Lake Games bid

Eileen Gu won two gold medals for China in freestyle skiing at the recent Beijing Olympics

The Independent UK

China fears wind is blowing Covid virus in from North Korea

BEIJING: Officials in a Chinese city on the border with North Korea say they can’t figure out where persistent new Covid-19 infections are coming from -- and suspect the wind blowing in from their secretive neighbor.

The Times of India

China Approves 60 New Games

China has approved the release of dozens of new video games, boosting the shares of some of its biggest tech firms Wednesday on hopes that a long-running and painful crackdown on the sector is easing. The announcement follows a report in The Wall Street Journal on Monday that said regulators…

Asharq Al-Awsat

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China fears wind carrying Covid virus from N Korea

Officials in a Chinese city on the border with North Korea say they cannot figure out where persistent new Covid-19 infections are coming from -- and suspect the wind blowing in from their secretive neighbour.

Bangkok Post

These are the world’s 20 most expensive cities for expats

NEW YORK: Hong Kong is the world’s most expensive city to live in as an expat for the second year in a row, according to a new study. New York and Geneva took second and third place in the rankings.

The Times of India

Biden envoy to visit Marshall Islands as U.S. concerns grow about China's Pacific push

President Joe Biden's special envoy for talks with three tiny but strategically important Pacific island nations will lead a delegation to the Marshall Islands next week amid growing U.S. worries about China's efforts to expand its influence in the region.

Reuters

Australia warned to boost cyber defences

Government and industry have been warned to increase their defences against China-backed hackers, who are using common office equipment to gain network access.

AAP

Developing countries need much longer beyond 2050 to reach Net-Zero: Joint statement by India, China and other nations

Prime Minister Narendra Modi had told the COP26 global climate summit in Glasgow last year that India will meet a target of net zero emissions by 2070

The Hindu

Are Chinese gamers leaking China's military secrets?

Episode 410 of the Cyberlaw Podcast

Reason

Analysis-S.Korea's robust response to N.Korea seen aiding Japan's military push

South Korea's tougher stance towards the North under its new conservative president will be welcomed by Tokyo as Japan seeks to boost its military capabilities amid rising tensions on the Korean Peninsula and more broadly in the region, analysts say.

Reuters

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The Guardian - AU

Pacific leaders reach crucial deal to restore political unity, as China’s interest in region accelerates

The agreement, which stops the region’s key diplomatic body, PIF, from splitting, lifts a ‘big dark, dark cloud that has been hanging over the Pacific’

Caixin Global

China to Sell $3.46 Billion of Treasury Bonds in Hong Kong

Borrowings will top last year’s total and mark the 14th straight year for the Finance Ministry to raise funds in Hong Kong

InsideEVs

Wuling Air EV Debuts In Indonesia As Brand's Third Micro EV

This is Wuling's third electric minicar after the Hong Guang Mini EV and Nano EV; it's called the Air EV and it will be the brand's first EV sold outside China.

The Independent UK

US solar companies weigh challenge to Biden pause on tariffs

U.S. solar manufacturers are considering legal challenges after President Joe Biden declared a two-year pause on tariffs for solar imports from Southeast Asia

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Benzinga

What's Going On With Alibaba Stock?

Alibaba Group Holding Ltd (NYSE: BABA) shares are trading higher Tuesday amid increased optimism around Chinese stocks.

StockNews.com

Better Buy: ConocoPhillips vs. Chevron

OPEC+’s decision to hike oil output is not expected to ease the global supply crunch immediately and bring down prices. As the worldwide demand strengthens with the lifting of China’s lockdowns and countries’ increased focus on ensuring domestic availability, companies engaged in the upstream activities should benefit. Therefore, prominent energy…

Benzinga

Yuchai Forms JV For Engine & Emergency Services In China

China Yuchai International Limited (NYSE:CYD) unit GYMCL's subsidiary YMMC has formed a new joint venture, Suzhou Yuxing Automobile Technology Co., Ltd. The JV will enhance the nationwide engine services and emergency services for all vehicles powered by Yuchai engines in China. The total registered capital for Suzhou Yuxing is RMB 5 million,…

The Hindu

Decoding China’s occupation

China could argue that its construction of a bridge on Pangong Tso is peaceful, but that does not make it lawful

Benzinga

Canada Vs. China: Series Of Fighter Jet Incidents Create New Tensions

Relations between Canada and China are worsening after a series of incidents involving the air forces of the two countries over the Korean peninsula.

ABC News

China's presence in the Pacific is nothing new — Beijing has been developing in the region for decades

China's presence in the Pacific has been thrown into the spotlight following a controversial pact with Solomon Islands. But Beijing's involvement in the Pacific is nothing new.

Benzinga

Else Nutrition Enters Chinese Market Via Distribution Deal With Baozun

Else Nutrition Holdings Inc (TSX:BABY) (OTC:BABYF) has inked an agreement with Baozun Inc (NASDAQ:BZUN), an e-commerce solutions provider in China, and expects to start selling Else products in China in Q3. Else Nutrition noted China's infant formula market is projected to grow at a CAGR of 8%. Through Baozun's e-commerce, end-to-end solutions, Else Nutrition would…

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