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The Latest Breaking News from China

China’s targeting of Australian military planes ‘aggressive and irresponsible’, US says

Defense department’s Ely Ratner says such incidents represent ‘one of the most significant threats to peace and stability in the region’

The Guardian - AU

Gadgets: Oppo K10 Energy unveils snapdragon 778G and 12GB RAM

According to GSM Arena, Oppo interpreted the word "Energy" on the back, with a Snapdragon 778G chipset, the phone is intended to be an 5g">Oppo K10 5G that is more reasonably priced. It is already available for purchase in China. Full story on Dynamite News:

Dynamite News

Pelosi Taiwan trip in limbo as officials plan east Asia stops

WASHINGTON — House Speaker Nancy Pelosi’s trip to Asia in early August is set to include stops in Japan, Indonesia and Singapore, but a potential Taiwan visit that has already exacerbated U.S.-China tensions remains off the official itinerary, according to a person familiar with the matter.

Tribune News Service

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Truss seeks to unite the Commonwealth to counter China’s influence

But the Foreign Secretary is accused of ignoring the 'damage her Government has done to Britain’s reputation abroad'

Wales Online

Pelosi to Taiwan would be career capstone, despite warnings

House Speaker Nancy Pelosi launched a political career being tough on China

The Independent UK

UK car industry’s 1m vehicles a year target slips by two years to 2025

War in Ukraine, lockdowns in China and chip shortages among factors slowing recovery in sector already hit by Covid

The Guardian - UK

Risk of nuclear war from cutting off China and Russia, says security tsar

Sir Stephen Lovegrove, the UK’s national security adviser, says backdoor channels have deteriorated

The Guardian - UK

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Bill Shorten says robodebt royal commission set to start this year – as it happened

This blog is now closed

The Guardian - AU

Liz Truss pledges stronger Commonwealth ties to counter ‘malign influence’ of China

Lib Dems say Truss ‘helped oversee savage aid cuts to our Commonwealth allies’

The Independent UK

Truss vows to build stronger ties with Commonwealth to counter China’s influence

The Foreign Secretary hopes she will be able to counter ‘growing malign influence from Beijing’ with a ‘New Commonwealth Deal’.

The Independent UK

Fed's rate rises might have way to go yet

By the time this article is published, readers will know how much the US Fed funds rate has been raised for the fourth time this year. It does not really matter whether the rate is raised by 0.75% or 1% this time because the Fed will need to keep raising…

Bangkok Post

‘Opaque’ loans from China hurt Sri Lanka: USAID Administrator

Samantha Power cautions against forces that "seek to sow divisions"

The Hindu

Senate passes computer chips bill to be more competitive with China

The legislation passed on a bipartisan basis

The Independent UK

The message for Biden — West Asia has moved on

The U.S. President’s visit could serve his domestic interests to some extent, but it has made no difference to the region

The Hindu

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Asharq Al-Awsat

Gucci’s Sales Growth Eases in Q2 as China Lockdowns Weigh

Gucci's sales growth eases in Q2 as China lockdowns weigh Sales at French luxury group Kering's top brand Gucci rose by just 4% in the second quarter, the group said on Wednesday, as a new round of lockdowns weighed on revenues in the key Chinese market. Overall sales for Kering,…

The Independent UK

UN experts urge Hong Kong authorities to repeal security law

Independent human rights experts backed by the United Nations are calling on authorities in Hong Kong to repeal a national security law that squelched protests and criticism over China’s tightening grip on the freewheeling semi-autonomous region

Benzinga

Medtronic Stock Keeps Ticking Forward

Medical device maker Medtronic (NYSE: MDT) stock is trading down (-14%) for the year. Medtronic is the world's largest medical device maker with a portfolio of glucose monitors, stents, insulin pumps, pacemakers, and catheters. It serves patients in over 150 countries.

The Hindu

Jaishankar to attend SCO conference in Tashkent with Foreign Ministers of Pakistan, China

No confirmation from MEA on any plans for bilateral meetings on the sidelines

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The Independent UK

US official warns Asian aggressors will face Western might

The U.S. secretary of the Navy has warned that any Asian aggressor who violates the sovereignty of other countries in the region risks punitive counter actions just like what Russia is confronting for its invasion of Ukraine

The Independent UK

USAID chief calls on China to restructure Sri Lanka's debt

The head of the U.S. government aid agency has called on China to help Sri Lanka and other nations that had borrowed heavily from Beijing with debt restructuring, not just with lines of credit and emergency loans

Reason

Don't Give U.S. Chipmakers a $76 Billion Government Handout

Making the U.S. semiconductor industry dependent on subsidies is not the way to stick it to China.

The Independent UK

Top US general warns of China’s military advancements

Chinese military developing capabilities in cyber, space, land, sea and air for possible invasion of Taiwan, Mark Milley says

The Times of India

Tata Motors loss widens to Rs 4,951 crore in June quarter as JLR sales dip

NEW DELHI: Tata Motors on Wednesday reported a consolidated net loss of Rs 4,951 crore in the June quarter as chip shortage and Covid-19 lockdown in China impacted Jaguar Land Rover sales.

InsideEVs

Tesla To Produce 3,000 EVs Per Day In China After Factory Upgrades

Despite some setbacks in China early on, along with the more recent shutdowns, Tesla's Giga Shanghai has been largely successful, and now it's upping the ante.

Tribune News Service

Debris from a Chinese space rocket is crashing toward Earth

Debris from a Chinese rocket is set to crash to Earth some time over the next few days, with the potential for wreckage to land across a wide swathe of the globe.

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