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The Latest Breaking News from China

Shanghai Composite Index Rose 1.19% on Tuesday

Shenzhen Component Index closed up 1.92%

Caixin Global

US senator visits Taiwan as China ups military threat

On a visit to Taiwan, U.S. Senator Tammy Duckworth is reiterating support for the island amid rising Chinese threats

The Independent UK

UK credit card borrowing soars by most since 2005 as mortgage approvals slide – as it happened

Number of UK mortgages approved hit two-year low in April, as consumers spend more on credit as inflation rises

The Guardian - UK

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China announces detailed stimulus measures to support virus-hit economy

China's cabinet announced a package of 33 measures covering fiscal, financial, investment and industrial policies on Tuesday to revive its pandemic-ravaged economy, adding it will inspect how provincial governments implement them.

Reuters

China Makes Second Largest Taiwan Defense Zone Incursion this Year

China has made the second largest incursion into Taiwan's air defense zone this year with Taipei reporting 30 jets entering the area, including more than 20 fighters.

Asharq Al-Awsat

China probe as 'sexually suggestive and pro-US' drawings found in kid's books

The Chinese government has started an investigation after books deemed to be "sexually suggestive and pro-United States" were being used in the country's primary schools

Daily Mirror

China manufacturing improves as virus curbs eased

An official survey shows Chinese manufacturing activity started to rebound in May after the government eased anti-virus restrictions that shut down Shanghai and other industrial centers

The Independent UK

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Shanghai moves toward ending 2-month COVID-19 lockdown

Shanghai authorities say they will take some major steps Wednesday toward reopening China’s largest city after a two-month COVID-19 lockdown that has throttled the national economy and largely bottled up millions of people in their homes

The Independent UK

Global refiners falter in efforts to keep up with demand

Refiners worldwide are struggling to meet global demand for diesel and gasoline, exacerbating high prices and aggravating shortages from big consumers like the United States and Brazil to smaller countries like war-ravaged Ukraine and Sri Lanka.

Reuters

As Wong makes her mark in the Pacific, the Albanese government should look to history on mending ties with China

Foreign Minister Penny Wong’s decision to embark on a diplomatic offensive to outflank China in the Pacific within days of being sworn in has yielded what appears to have been an early success.

The Conversation

Outcry as China stops Pacific journalists questioning Wang Yi

Beijing’s foreign minister signing bilateral deals with leaders but reporters are blocked, sometimes physically, from asking questions

The Guardian - AU

Tsai says U.S. National Guard planning 'cooperation' with Taiwan military

The United States is planning on "cooperation" between its National Guard and Taiwan's military, Taiwan President Tsai Ing-wen said on Tuesday, deepening security ties in the face of what Taipei's government complains is a rising threat from China.

Reuters

Taiwan may get economic deal with US after exclusion from IPEF

Economic agreement similar to new IPEF would underline US commitment to self-ruled democracy, analysts say.

Al Jazeera

Meeting John Lee, China’s Xi welcomes ‘new chapter’ for Hong Kong

Lee is the first security chief to hold Hong Kong’s top job with previous leaders mostly business tycoons.

Al Jazeera

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Reuters

'Hard to believe it's actually happening': Shanghai to lift COVID lockdown

Shanghai authorities on Tuesday began dismantling fences around housing compounds and ripping police tape off public squares and buildings before the lifting of a two-month lockdown in China's largest city at midnight.

The Independent UK

Asian stocks mixed, oil prices shoot past $115

Asian shares are mixed after reports showed China's manufacturing slowdown is moderating

Reuters

China's foreign minister visits Tonga after Pacific islands delay regional pact

Samoa says it didn't have enough time to consider a sweeping proposal from China for a regional trade and security pact, and has urged fellow Pacific islands to stay united as big powers seek more sway in the region.

Al Jazeera

Japan’s factory output slumps in worrying sign for economy

Factory production falls 1.3 percent in April as China lockdowns and Ukraine war weigh on manufacturers.

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The Guardian - UK

Bachelet’s Xinjiang visit is emblematic of the growing divide between China and the west

Analysis: It is a worrying sign that, amid the talk of a ‘new cold war’, even the UN is unable to help bridge the divide

ABC News

China to continue pushing for Pacific Island nations to sign regional trade and security agreement

China's government says it remains confident it can strike a sweeping trade and security agreement with 10 Pacific Island states despite being forced to shelve its proposed agreement, but a new position paper walks back previous references on joint policing, free trade and cybersecurity.

Reuters

Beijing reports 16 new symptomatic COVID cases for May 30, 2 asymptomatic cases

China's capital Beijing reported 16 new domestically transmitted symptomatic coronavirus cases for May 30, up from eight a day earlier, the city government said on Tuesday.

Tribune News Service

China’s Xi exalts next Hong Kong chief on national security

Chinese President Xi Jinping praised Hong Kong’s next leader for defending national security and upholding stability at their first meeting since John Lee was selected as chief executive earlier this month.

Daily Mirror

Taiwan scrambles fighter jets to ward off Chinese aircrafts in air defence zone

The foray of Chinese aircraft into Taiwanese airspace marked the latest uptick in tensions, following two years of Taiwan complaining of repeated missions by China’s air force near the democratically governed island

Caixin Global

China’s Aviation Regulator Halts Subsidies to Airlines

Flights drop as Covid-relief plan kicks in, raising concerns of carriers sandbagging to collect government payments

Newsroom.co.nz

China in the Pacific will dominate Ardern's White House visit

Jacinda Ardern’s meeting with President Joe Biden won’t result in any deals or announcements - it’s purely about face-to-face time and the Pacific, writes @jo_moir from Washington

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