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The Latest Breaking News from China

How China's Lithium Leverage Impacts Tesla And Other EV Makers

China’s jump on raw materials for EV minerals will make it hard for other countries to compete, and most lithium is mined, refined and processed by China.

InsideEVs

Apple Could Make iPads Out Of China For The 1st Time Ever — In This Country

As the Chinese lockdown caused trouble for Apple Inc (NASDAQ: AAPL), the tech giant is now reportedly mulling moving some of its iPad production out of the country.

Benzinga

Rivian Backer Eyes India's Two and Three Wheeler EV Market

Abdul Latif Jameel, an early Rivian Automotive, Inc (NASDAQ:RIVN) backer, committed to investing up to $220 million (₹17 billion) in India's battery-powered two and three-wheeler vehicles through EV maker Greaves Electric Mobility. The Saudi family-owned group will initially pay $150 million (₹11.6 billion) for a 35.8% stake in India's Greaves Cotton Ltd subsidiary to foray…

Benzinga

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Zhang Mei: Will Inbound Travel Return to China?

China’s international brand images is important to the travel industry, and that’s not something money can buy

Caixin Global

Here's Why Apple Beat Its Chinese Peers Amid China's Slowdown, Covid Resurgence

China, the biggest smartphone market, will likely shrink by 38 million units in 2022, down 11.5% from 2021 and accounting for about 80% of the global reduction in shipment volume thanks to the economic slowdown as global markets drop by 3.5%, the IDC reports. IDC previously saw the global market growing…

Benzinga

China's economy faces obstacles despite end of Shanghai lockdown

SHANGHAI -- The lockdown imposed on Shanghai has been lifted after two months, but there is little likelihood of economic activity returning to normal in the immediate future. Although the administration of Chinese President Xi Jinping is scrambling to deal with the aftermath of an approach that prioritized "zero-COVID" policies…

The Japan News/Yomiuri

China Will Lose Ability To Access Amazon's Kindle E-Book Store From 2023

Amazon.com, Inc (NASDAQ:AMZN) looks to cease operating its Kindle e-book store in China from the end of June 2023, Reuters reports based on the e-commerce giant's official WeChat account. China's customers will no longer be able to purchase new e-books from June 2023 for reasons undisclosed. Also Read: Microsoft Brings Down Curtains On LinkedIn…

Benzinga

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Countries to request ILO China mission to probe Xinjiang labour abuses

GENEVA: A group of dozens of countries is set to ask the International Labour Organization on Thursday to set up a mission to probe alleged labour abuses in China's Xinjiang, three sources familiar with the matter told Reuters.

Bangkok Post

China Demands US Stop Trade Talks with Taiwan

China’s government on Thursday accused Washington of jeopardizing peace after US envoys began trade talks with Taiwan aimed at deepening relations with the self-ruled island democracy claimed by Beijing. Talks that started Wednesday cover trade, regulation and other areas based on “shared values” as market-oriented economies, according to the Office…

Asharq Al-Awsat

Buick Electra-X Concept Debuts With Old Name For Sleek Electric SUV

Designed and developed in China, the showcar has a massive 30-inch screen.

Motor1

Countries to request ILO China mission to probe alleged Xinjiang labour abuses: sources

A group of dozens of countries is set to ask the International Labour Organization on Thursday to set up a mission to probe alleged labour abuses in China's Xinjiang, three sources familiar with the matter told Reuters.

Reuters

China demands US stop trade talks with Taiwan

China’s government has accused Washington of jeopardizing peace after U.S. envoys began trade talks with Taiwan aimed at deepening relations with the self-ruled island democracy claimed by Beijing

The Independent UK

Caixin New Economy Index Drops on Shrinking Capital Investment

The share of 10 high value-added industries in China’s total economic inputs came in at 28.5% in May, slightly lower than the reading in April

Caixin Global

China Pushes Ahead With Plan to Cut Reliance on Iron Ore Imports

Government aims to accelerate construction of domestic projects to slash imports over next decades

Caixin Global

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Reuters

China says opposes U.S.-Taiwan trade initiative

China "firmly" opposes the launch of the U.S.-Taiwan Initiative on 21st Century Trade, the commerce ministry said on Thursday, adding that the Chinese government opposed any form of official contact between Taiwan and other countries.

Asharq Al-Awsat

Amazon to Pull Kindle Out of China

Amazon.com said that from Thursday it will stop supplying retailers in China with its Kindle e-readers and will shut its Kindle e-bookstore in the country next year, the latest pullback by a US tech firm from the restrictive Chinese market. Amazon announced the decision on its official WeChat account on…

Reuters

China to take necessary measures to protect domestic firms from U.S. blacklist - Commerce Ministry

China's commerce ministry said on Thursday it will adopt necessary measures to protect the legitimate interests of Chinese companies after the U.S. said it was considering adding new Chinese firms to its blacklist over export sanction issues.

The Guardian - UK

China’s World Cup dream more distant after Covid leaves football in a mess

Delayed Super League is due to start on Friday but the football calendar has been torn apart by the impact of coronavirus

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The Independent UK

Australia, China continue Pacific rivalry with island visits

Australia and China are continuing their tit-for-tat diplomatic rivalry in the Pacific as the foreign ministers from each country pay separate visits to island nations

Reuters

In Shanghai, lockdown blues make way for COVID testing gripes

Shanghai residents' relief over the easing of a two-month COVID-19 lockdown is giving way to frustration as they face hours waiting in line for virus tests and must show negative results to be permitted to enter public spaces.

Asharq Al-Awsat

US Senators Introduce Legislation Calling Out Iran-China Ties

US Republican Senators introduced on Tuesday a bill to call attention to Iran’s ties with China by prohibiting any deal with Iran until the regime terminates its relations with Beijing and Hamas. US Senators Marco Rubio and Marsha Blackburn introduced the so-called Iran China Accountability Act, which stipulates that Iran…

Reuters

China's Tiananmen Square demonstrations and crackdown

Saturday marks the 33rd anniversary of China's bloody crackdown of pro-democracy demonstrations in and around central Beijing's Tiananmen Square, when Chinese troops opened fire on their own people.

Asharq Al-Awsat

Zara Owner Inditex Set to Benefit from Higher Prices

Fashion giant Zara's owner Inditex is expected to report bumper first-quarter earnings next week, benefiting from raising prices more than rivals without damaging its sales, analysts said. As a cost of living crisis intensifies across the region, Europe's retailers are facing a tricky balancing act between passing on rising supply…

The Independent UK

Journalist detained in China denied calls, partner says

The Australian partner of a journalist who has been detained in China for nearly two years says she is being denied the chance to speak with her family and consular staff, and her health is declining due to a poor prison diet

The Guardian - AU

Samoa’s PM says China’s expectation of Pacific-wide deal ‘something we could not agree to’

Regional matters must be taken to Pacific Islands Forum, says Fiame Naomi Mata’afa after countries declined deal with Beijing

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