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The Latest Breaking News from China

Can India re-imagine South Asia?

If New Delhi does not take the lead, the region cannot respond to various crises collectively

The Hindu

It's An $222M Ice Cream Treat For ICEE Parent J&J Snack Foods - Read More

J&J Snack Foods Corp (NASDAQ:JJSF) has agreed to acquire Dippin' Dots L.L.C, a producer of flash-frozen beaded ice cream treats, for $222 million. JJSF noted Dippin' Dots brand complements its frozen novelty and frozen beverage businesses. JJSF's brands include ICEE, SuperPretzel, Luigis, and others. JJSF expects to further leverage its combined strength in…

Benzinga

Chinese developer Sunac defaults as Beijing struggles to save the trillion-dollar sector

China's third-largest developer, Sunac, is the latest to default on some of its bonds, despite a "relatively healthy" financial situation and a chairman who has previously been willing to repay debts with his own money.

ABC News

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Parkrun double celebrations as Belfast man completes 100th event on his 85th birthday

Francie ran the Great Wall Marathon in China to mark his 80 th birthday

Belfast Live

Chinese Australians say Coalition’s rhetoric on Beijing could see voters ‘switch from Liberal to Labor’

Community leaders – including Liberal party members – say tough language from Peter Dutton and others could hurt the government, particularly in Bennelong

The Guardian - AU

Shanghai Authorities Say Normal Life Might Resume in Mid-June. COVID Lockdown Started in March.

China's "COVID zero" policy looks a lot like house arrest for Shanghai's 25 million residents who are only just now beginning to experience glimmers of freedom.

Reason

China says it wants to expand BRICS bloc of emerging economies

China wants to expand the group of emerging economies known as BRICS, in the first shake up of the bloc in over a decade, a senior Chinese diplomat said on Thursday.

Reuters

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IMF chief warns of multiple inflationary shocks amid market jitters

Kristalina Georgieva cites Russia’s war in Ukraine and cost pressures caused by China’s zero-Covid policies

The Guardian - UK

Yan Palace Flocks To Shanghai As China's First Bird's Nest Stock

Key Takeaways: Yan Palace has filed for a Shanghai IPO that would make it the first listed maker of health food products based on traditional bird nests

Benzinga

Huya, DouYu Flounder in First Quarter, With Worse to Come

Key Takeaways: Huya and DouYu, which were once set to merge, reported losing money and revenue declines in the first quarter Both companies will continue struggling in current quarter after announcement of new restrictions on online tipping last week By Doug Young

Benzinga

Gucci £1,300 umbrella ridiculed in China for not being waterproof

Item from Adidas collaboration mocked over warning it is meant only for ‘sun protection or decorative use’

The Guardian - UK

Opinion: Three Ways China-West Economic Ties Could Play Out Post-Pandemic

An entangled economic relationship will become a norm, with some decoupling and recoupling depending on the sector

Caixin Global

Beloved pug dogs at risk of being banned in Ireland amid health fears

Pugs, a companion dog who date as far back to 400 BC in China, are small and stocky in stature and are beloved pets across the globe. But the breed is sadly predisposed to a range of health conditions, including obesity, respiratory difficulties and skin disorders.

Irish Mirror

Prague Zoo gets Taiwanese pangolins after fallout with China

Prague’s zoo has introduced to the public a pair of critically endangered Chinese pangolins

The Independent UK

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WEKU

Shanghai is expected to reopen some subways as it eases COVID restrictions

The lockdown of China's largest city has dealt a blow to the economy and frustrated residents.

Pedestrian.tv

A Sinkhole With An Ancient Forest At The Bottom Was Found In China Rappel Me Down, Boys

Surely this means dinosaurs.

Reuters

Taiwan says WHO ignoring requests for observer status at assembly

Taiwan expressed "dissatisfaction and regret" over the World Health Organization's failure to invite it to attend an upcoming annual assembly in Geneva, amid diplomatic pressure from China to isolate the island.

WEKU

How the war in Ukraine is challenging the long-sought pivot to Asia

President Biden is traveling to Japan and South Korea this week — his first trip to Asia since taking office. Like presidents before him, he's seeking to reorient U.S. foreign policy toward Asia.

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Caixin Global

China’s Imports of Natural Gas Fall Amid Sluggish Domestic Demand

Importers are less willing to place spot trade orders this year due to high energy prices and the impact of the pandemic, customs administration says

The Times of India

Global economy loses $1.6 trillion as world struggles to avoid a new cold war

LONDON: The ties that bind the global economy together, and delivered goods in abundance across the world, are unravelling at a frightening pace.

The News Lens

Are European Academics Helping China’s Military?

An investigation has found that European researchers have cooperated with China's National University of Defense Technology, whose purpose is to “Strengthen the Armed Forces and the Nation.”

The Independent UK

Outrage in China over deliberately ‘dirty’ new $1,850 Balenciaga trainers

‘I can find a pair of these shoes in the bin for free’

Caixin Global

Shanghai Composite Index Rose 0.36% on Thursday

Shenzhen Component Index closed up 0.37%

Asharq Al-Awsat

Oil Prices Recoup Early Losses on China Hopes, Global Supply Fears

Oil prices rose on Thursday, recovering from early losses, on hopes that planned easing of restrictions in Shanghai could improve fuel demand while lingering concerns over tight global supplies outweighed fears of slower economic growth. Brent crude futures for July were up $1.53, or 1.4%, at $110.64 a barrel at…

Reuters

Some in Shanghai allowed out to shop; end of COVID lockdown in sight

More Shanghai residents were given the freedom to go out to shop for groceries for the first time in nearly two months on Thursday as authorities set out more plans for exiting the city-wide COVID-19 lockdown more fully.

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