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The Latest Breaking News from China

US Issues Sanctions Targeting North Korean Weapons of Mass Destruction Program

The United States on Friday imposed sanctions on two Russian banks, a North Korean company and a person it accused of supporting North Korea's weapons of mass destruction program, increasing pressure on Pyongyang over its renewed ballistic missile launches. The latest American move came a day after China and Russia…

Asharq Al-Awsat

Shanghai edges towards COVID reopening as Beijing plans to ease curbs

The Chinese metropolis of Shanghai inched further towards a gradual reopening from two months of grinding COVID-19 lockdown, while officials in Beijing prepared to ease curbs in parts of the capital, saying on Saturday its outbreak was under control.

Reuters

15 dead, 3 missing after torrential rains in southern China

At least 15 people have died in torrential rains across southern China

The Independent UK

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Explained | What is the Indo-Pacific Economic Framework for Prosperity?

The U.S.-led economic grouping of a dozen countries representing 40 per cent of the global GDP proposes to advance resilience, economic growth, competitiveness and fairness in member countries. However, some analysts view it as a move to counter China’s growing influence in the region.

The Hindu

UN Security Council members fail to agree on Myanmar text

The United Nations Security Council (UNSC) failed on Friday to agree on a statement aimed at pushing Myanmar's junta to take steps toward a peaceful solution to the country's ongoing crisis, diplomats said.

Bangkok Post

Quad launches ‘anti-China’ maritime surveillance plan

Quad’s initiative is designed to enable Indo-Pacific nations to track illegal fishing and incursions by Chinese vessels.

Al Jazeera

Mapping the global economy in the second half

Entering the second half of the year, financial market risks are becoming more apparent. Investors believe the risk of recession is increasing, resulting in volatile financial markets. We believe there are five major risks associated with five economic areas, as follows:

Bangkok Post

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A win for Kru Ti and the Mekong River

Over the past 20 years, Niwat Roykaew, a teacher, activist and founder of the Chiang Khong Conservation Group in Chiang Rai province has been campaigning to bolster the grassroots movement he initiated to protect the Mekong River, a crucial lifeline for countries in the Mekong Region.

Bangkok Post

As COVID-19 lockdowns continue, more young people are looking for ways out of China

A growing number of young people in China are looking to escape their country's COVID-zero policy, and it might have implications for Australian businesses.

ABC News

A pivotal moment: Pacific faces a choice over China that will shape it for decades

Pacific countries in the centre of a geopolitical tug-of-war between China and the US and its allies face a big decision this week

The Guardian - AU

5 Best Chinese Stocks to Buy

Chinese stocks are back in favor after a tough stretch. Nimble investors might find opportunity among these top-rated names.

Kiplinger

Stormont releases record of controversial Chinese consul meeting after two-year transparency battle

Michelle O'Neill and Arlene Foster faced questions after a report claimed they had endorsed draconian security laws in Hong Kong

Belfast Live

US, Japan, South Korea condemn N Korea tests; US widens sanctions

Moves come after China and Russia vetoed a US-led push to tighten UN sanctions on North Korea over missile launches.

Al Jazeera

Las Vegas Vs. Macau – Ultimate Sin City Comparison!

Original or copy? Which gambling metropolis can do more? Las Vegas or Macau? About swimming trunks in the casino and diamonds in a plastic bag. If there were a copy World Cup, the People's Republic of China would have been the undisputed champion ...

USA Today Sports Media Group

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Benzinga

Why Is China Going To The Moon In Search Of Water?

China is planning to send a spacecraft to the moon to determine the presence of water in the lunar craters.

WEKU

North Korea says its COVID outbreak is now under control. But is it?

After saying there were no cases, officials on May 12 announced an outbreak. But without an adequate supply of tests, some say North Korea is "flying blind." And it still doesn't have vaccines.

The Conversation

Eating sea squirts reverses signs of ageing in mice – new research

Mice fed extracts of a creature called a sea squirt – so-called because they tend to squirt water when plucked from their briny home – reversed some of the signs of ageing, according to a recent study from China.

Reuters

China signs MOU on civil air transport with Solomon Islands

China has signed a memorandum of understanding (MoU) with the Solomon Islands on civil air transport, laying a foundation for airlines of both countries to open air routes, China's aviation regulator said on Friday.

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Benzinga

So, Who Is Going To Win The Chinese Lockdown Story? We've Both UK And US Evidence To Look At

Coronavirus has affected different countries at different times, different variants flowing through populations and so on. Different government have taken different approaches as well. We though are interested in the Jerry Maguire point: "Show me the money".

Benzinga

Miniso Rides Into China Covid Storm With Forecast for First-Ever Revenue Contraction

Key Takeaways: Miniso said it expects its revenue to decline around 9% in the current quarter as many of its China stores have been forced to shut down during recent citywide lockdowns Company said nearly one-tenth of its China stores were closed in March, even as its smaller international operations…

Benzinga

Living in TikTok's Shadow, Kuaishou Bleeds Red Ink and Cash

Key Takeaways: Kuaishou’s adjusted net loss narrowed in the first quarter, but its ad revenue came under pressure during China’s latest Covid containment measures

The Conversation

How Ukraine war could boost tensions between US and China over future of Taiwan

China is becoming “more repressive at home and more aggressive abroad”, according to the US secretary of state, Antony Blinken. Blinken made a major statement on US foreign policy on May 26 at George Washington University. It received a great deal of attention, internationally – not least because reporters and…

The Independent UK

Ex-Malaysia PM: US-led trade group intended to isolate China

Former Malaysian Prime Minister Mahathir Mohamad has criticized a new U.S.-led economic grouping, saying it is intended to isolate China and won't benefit regional economic growth without Beijing

Caixin Global

China Subsidizes Airlines, Car Purchases to Ease Pain of Crippling Lockdowns

Authorities issue a raft of measures to boost consumer spending and support businesses hit hard by persistent Covid controls

Motor1

Volkswagen Tavendor Emerges In China As Company's Umpteenth SUV

Too many SUVs? There's no such thing for VW.

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