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The Latest Breaking News from China

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

The Independent UK

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

Caixin Global

Volkswagen Tavendor Emerges In China As Company's Umpteenth SUV

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

Motor1

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Shanghai lockdown: Residents demand release, and some get it

Residents in China's largest city of Shanghai have become bolder in demanding the lifting or easing of coronavirus restrictions that have left millions locked up in their compounds for almost two months

The Independent UK

Workers Rebel Against China's Major Apple Supplier, Question Country's Covid Decree

Shanghai Apple Inc (NASDAQ:AAPL) supplier, Quanta Computer Inc's (OTC:QUCPY) low-wage workers, rebelled against their supervisors, demanding more freedom, Bloomberg reports. The workers locked down by government ruling and isolated from the outside world for almost two months were a part of violent clashes, mounting infections, and vacant factory floors. During the April lockdown, Quanta had…

Benzinga

Political Pulse / Is the United Nations a friend of justice or a useless bystander?

The invasion of Ukraine by Russia has once again called into question the raison d'etre of the United Nations. In February, the U.N. Security Council rejected a draft resolution condemning Russia, due to Russia's use of its veto power. Secretary General Antonio Guterres' call on Russian President Vladimir Putin for…

The Japan News/Yomiuri

China criticizes US as tensions rise in South Pacific

China is criticizing a speech by U.S. Secretary of State Antony Blinken that focused on relations between the world's top two economic powers

The Independent UK

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China punishes local officials for falsifying economic data

China has punished a number of local officials with demotions or dismissal for falsifying economic data, the country's statistics bureau said on Friday, as part of an effort to curb data fraud as the economy falters.

Reuters

China's Pacific plan seen as regional strategic game-changer

When China signed a security pact with the Solomon Islands in April it raised concerns from the U.S. and its allies that Beijing may be seeking a military outpost in the South Pacific, an area of traditional American naval dominance

The Independent UK

Chinese province neighbouring North Korea reports border area COVID cases

Border areas in China's northeastern province of Jilin, which shares a long frontier with coronavirus-hit North Korea, reported domestically transmitted COVID-19 infections of unknown origin, a Chinese health official said on Friday.

Reuters

Editorial: Biden's clarity on Taiwan is risky

"Strategic ambiguity" is what U.S. diplomats call America's policy on Taiwan and China. The strategy is to keep the peace by maintaining ambiguity over the degree the U.S. would go to defend Taiwan from a Chinese invasion.

Tribune News Service

N.Korea stockpiled Chinese masks, vaccines before reporting COVID-19 outbreak

In the months before it acknowledged its first official COVID-19 outbreak, North Korea suddenly imported millions of face masks, 1,000 ventilators, and possibly vaccines from China, trade data released by Beijing showed.

Reuters

As Biden Leaves Asia, North Korea Launches ICBM, Other Missiles

North Korea test-fired three ballistic missiles, including what appeared to be an intercontinental ballistic missile, hours after U.S. President left South Korea.

The News Lens

China, Russia Veto US Bid at UN to Punish North Korea

China and Russia on Thursday vetoed a US-led bid at the United Nations to toughen sanctions on North Korea over its missile launches, laying bare divisions that Western envoys fear would be exploited by Pyongyang.

Asharq Al-Awsat

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The Times of India

More Russian oil than ever before is heading for India, China

NEW DELHI: A record volume of Russian oil is on board tankers, with unprecedented amounts heading to India and China as other nations restrict imports because of the war in Ukraine.

Caixin Global

Shanghai Composite Index Rose 0.23% on Friday

Shenzhen Component Index closed down 0.12%

Benzinga

North Korea Began Importing COVID-19 Medical Supplies From China Long Before It Reported First Case

Although North Korea admitted its first-ever case of COVID-19 only two weeks ago, it has reportedly been importing virus-related medical supplies from China for a long time now.

The Independent UK

Asian shares' rise broadly cheered by US earnings, rally

Asian shares are gaining as investors cheered a strong set of earnings from retailers that sent U.S. shares higher

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Zenger

Mat’s Incredible: Royal Ming Dynasty Chinese Carpet Sold For $324,500

An emperor’s carpet that once lay in China’s Imperial Palace during the Ming dynasty has been sold for $324,500.

Reuters

Exclusive-Evergrande discussing staggered payments, debt-to-equity swaps for $19 billion offshore bonds-sources

China Evergrande Group is considering repaying offshore public bondholders owed around $19 billion with cash instalments and equity in two of its Hong Kong-listed units, two sources said, as the world's most indebted developer struggles to emerge from its financial crisis.

Reuters

No work and nowhere to live: a rural migrant's ordeal in locked-down Shanghai

When Shanghai began its draconian COVID-19 lockdown two months ago, the French restaurant where Sun Wu waited tables closed and the 22-year-old, like countless other rural migrants, lost his job.

Reuters

Shanghai takes baby steps towards ending COVID lockdown

Shanghai took more gradual steps on Friday towards lifting its COVID-19 lockdown while Beijing was investigating cases where its strict curbs were affecting other medical treatments as China soldiered on with its uneven exit from restrictions.

Asharq Al-Awsat

Australia Urges Pacific Nations to Shun China Security Deals

Australia urged South Pacific nations to spurn China's attempts to extend its security reach across the region Friday, seeking to fend off a high-level charm offensive by Beijing. Foreign Minister Penny Wong was in Fiji on her first solo visit, seeking to woo island states after the Solomon Islands took…

ABC News

Coonawarra wineries hope Labor can repair lucrative markets lost amid China trade tension

Vignerons from one of Australia's iconic red wine regions are optimistic that the change in government will lead to improved relations and the removal of crushing tariffs on exports.

Asharq Al-Awsat

China Plots Fresh Military Exercises in South China Sea

China will hold naval exercises in the South China Sea on Saturday, its maritime authority said, after a week of recrimination from Western powers over its military ambitions across the Pacific region. The exercises, set to take place in the sea less than 25 kilometers (15.5 miles) off the coast…

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