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The Latest Breaking News from China

China's Shenzhen reports 7 symptomatic, 13 asymptomatic COVID cases for July 21

China's southern technology hub of Shenzhen reported 20 new locally transmitted COVID-19 infections on Thursday, down from 22 a day earlier, official data showed on Friday.

Reuters

How the Senate's CHIPS-plus bill ballooned by billions

An inside look at how senators managed to boost the bill from $52 billion to nearly $250 billion.

Axios

Russia about to run out of steam in Ukraine after "epic fails" in its initial goals, MI6 says

Russian president, Vladimir Putin, is facing a blow in Ukraine as the progress he has made over recent weeks is an 'epic fail' and 'tiny', according to the chief of the UK Secret Intelligence Service

Daily Mirror

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What happens if Pelosi visits Taiwan?

The Chinese government warns of "forceful measures" if Pelosi follows through with her plans to visit next month

Salon

Why is China's Uighur population shrinking?

After becoming the Communist Party of China's (CPC's) chief of Xinjiang province in 2016, Chen Quanguo oversaw a security crackdown that led to a sharp drop in births. Some observers accused China's leadership of committing genocide against the province's mostly Muslim Uighur population through forced sterilisation and abortion. Chinese Foreign…

Bangkok Post

Trouble In Foreign Markets Could Give The U.S. It's Next Leg Up

I was to say the least intrigued by a headline I saw in the news this morning about tanks being used to keep protestors at bay in China, but the protestors were depositors and the tanks were keeping them away from banks.

Benzinga

What can the world do to help Sri Lanka?

Sri Lanka needs all its creditors to come together and give it some breathing space

The Hindu

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‘Advantage New Delhi’ in Sri Lanka’s India lifeline

There is much potential in the humanitarian aid link now to deepen trade and investment linkages

The Hindu

China's economy faces multiple challenges but what might those pressures mean for Australia?

From a banking crisis to property market slumps, China's economy is under stress and the country also recently recorded its lowest quarterly growth rate figure since 1990. What might those challenges mean for Australians?

ABC News

Continue with reform process: Montek Singh Ahluwalia

‘We should remain open, resist temptation to raise protective duties’

The Hindu

ADB cuts India GDP forecast for FY23 to 7.2% on Covid, war impact amid inflationary pressure

NEW DELHI: Asian Development Bank (ADB) on Thursday trimmed India's economic growth forecast for current fiscal year to 7.2 per cent from 7.5 per cent as pandemic and war impact is weighing down alongside inflationary pressures.

The Times of India

India ‘watching’ developments near the LAC, says Ministry of External Affairs

MEA spokesperson Arindam Bagchi says the ‘right step’ is disengagement

The Hindu

City planning for heat waves must be strategic

As devastating heat waves sweep large parts of Europe and China, Wan-Yu Shih looks at how careful urban design can help plan for increasingly overheating cities.

Newsroom.co.nz

China’s PM says all foreign students can return, as country considers increasing international flights

Beijing, however, offers no timeline for Indian students

The Hindu

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The Hindu

Jeruto claims steeplechase gold, Feng Bin wins women’s discus

Norah Jeruto set a World Championships record en route to winning the women’s 3,000 metres steeplechase gold while China’s Feng Bin outdid Olympic champion Valerie Allman in the discus final in Eugene, Oregon on Wednesday

France 24

Did China really deploy tanks to suppress protesters in Henan province?

A video of tanks in China went viral on July 18, 2022, with social media users claiming it shows the Chinese government suppressing protesters in Henan over the ongoing rural banking scandals. However, the video was actually filmed in Rizhao City in Shandong province and according to our sources, the…

Benzinga

Kingsoft Cloud Gets Pelted by Storm Over Locked Novel

Key Takeaways:

Benzinga

After Ho-Hum Pricing, AMTD Digital Storms Out of the Gate in U.S. Trading Debut

Key Takeaways:

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Benzinga

Yeahka Ramps Up E-Commerce Bid, But Investors Cash Out

Key takeaways: Yeahka’s push into the highly competitive e-commerce space comes as growth slows for its core mobile payments business Company’s stock has fluctuated since its 2020 listing, and now trades near its IPO price after a roaring start in early 2021 By Trevor Mo

Benzinga

Flowing Cloud Technology Files for Hong Kong IPO Amid Metaverse Frenzy

Key Takeaways: Flowing Cloud started as a games developer in 2008 and launched its first AR/VR platform in 2017 Gains in revenue and profit have been steady but the low-margin AR/VR marketing services division could dent future margins By Ken Lo

Benzinga

Qudian Chief Turns to Star Power in Company Transformation

Key Takeaways:

Reuters

Heatwaves to menace China as almanac's 'big heat' day looms

China will suffer the return of more heatwaves over the next 10 days from east to west, with some coastal cities already on their highest alert level and inland regions warning of dam failure risks because of melting glaciers.

The Guardian - UK

Nancy Pelosi’s Taiwan trip ‘not a good idea right now’, says Biden

US military advises against House speaker’s reported trip as president is due to talk to Xi Jinping for first time in four months

InsideEVs

Tesla's Market Share Exceeded 3% In US/Canada In Q2 2022

During the second quarter of this year, Tesla has continued to expand its market share, reaching new record levels.

Benzinga

Benzinga Before The Bell: Baidu Beats Tesla, Finland Sells $47.5M Bitcoins, Tesla's Bitcoin Sale And Other Top Financial Stories Thursday, July 21

CNBC

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