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The Latest Breaking News from China

H&M Closes Shanghai Flagship Store, Hurt by Lockdowns and Consumer Backlash

H&M has shut its flagship Shanghai store, its latest closure in China where consumer demand has slumped amid COVID-19 lockdowns and the fast-fashion retailer has borne the brunt of a backlash against companies that refuse to use Xinjiang cotton. Although it was open earlier this month, the three-storey building in…

Asharq Al-Awsat

Chinese premier calls for more coal production as electricity demand soars

Records for electricity usage broken in Shandong, Henan and Jiangsu after early summer heatwaves

The Guardian - UK

As China shuts out the world, internet access from abroad gets harder too

TAIPEI, Taiwan — Most internet users trying to get past China's Great Firewall search for a cyber tunnel that will take them outside censorship restrictions to the wider web. But Vincent Brussee is looking for a way in, so he can better glimpse what life is like under the Communist…

Los Angeles Times

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China Debuts Interbank Transition Bonds Amid Drive to Cut Carbon

The issuers hail from high-emitting industries such as power generation and aluminum production

Caixin Global

Nigeria's latest lithium find: some key questions answered

High-grade lithium has been discovered in Nigeria. In 2019 the total production volume of lithium, not high grade, in Nigeria reached 50 metric tons This is small compared to Zimbabwe which produced 1,200 metric tons the same year. The Conversation Africa’s Wale Fatade asked geologist Ibrahim Garba for his insights.

The Conversation

Israel Plans to Bring in 15,000 Workers from Morocco

Morocco and Israel are planning to fly in thousands of Moroccan workers to Tel Aviv to meet local demand. Up to 15,000 workers, including hundreds of engineers, are part of the plan. Chairman of the Construction and Wood Workers Union in Israel’s Histadrut labor federation, Yitzhak Moyal, said: “We are…

Asharq Al-Awsat

China's envoy calls on new Australian government to repair bilateral ties

China's ambassador said on Friday Australia had fired the "first shot" in deteriorating trade relations but that there was an opportunity to improve bilateral ties if the new government in Canberra took action.

Reuters

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Shanghai Composite Index Rose 0.89% on Friday

Shenzhen Component Index closed up 1.37%

Caixin Global

China ambassador tells Australian protesters ‘no such thing as absolute freedom’

Xiao Qian says there is no reason for China and Australia to be enemies as his address is interrupted by protests

The Guardian - AU

US Pacific admiral: Ties with Japan key to regional security

The U.S. Navy’s top commander in the Pacific and the Japanese defense minister say that close cooperation between their naval forces is more important than ever in the region amid rising tensions over China, North Korea and Russia

The Independent UK

Asian Markets Rise as Recession Talk Tempers Rate Hike Expectations

Stocks rose in Asia on Friday following another rally on Wall Street as investors try to process central bank moves to fight soaring inflation with the growing possibility that those measures will induce a recession. Global markets have been thrown into turmoil for months by a perfect storm of crises…

Asharq Al-Awsat

Beijing Is Still Playing the Long Game on Taiwan

Why China Isn’t Poised to Invade

Foreign Affairs

She was loved for standing up to China. She may die in jail

The story of Claudia Mo is also that of Beijing’s tightening grip on Hong Kong

Financial Times

China envoy says Australia fired first shot with Huawei ban

China's ambassador to Australia says the then-Australian government fired the “first shot” in its deteriorating relations with China four years ago when it banned Chinese-owned telecommunications giant Huawei from rolling out the country’s 5G network due to security concerns

The Independent UK

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Caixin Global

Weekly Must-Read: Why Relocating Mainlanders See Singapore as a Safe Haven for Their Businesses and Property

Chinese entrepreneurs, professionals and their families are moving to the Southeast Asian country in droves

Reuters

Macau locks down some buildings as COVID infections creep up

Authorities in Macau have locked down several residential buildings as the world's biggest gambling hub tries to contain a rising number of COVID-19 cases that have ground the city to a halt, apart from casinos which mostly remain open.

ABC News

Chinese ambassador Xiao Qian interrupted by multiple protesters during speech at UTS

The ambassador, appointed earlier this year, was asked about the fate of detained Australians and the reasons for Beijing's diplomatic deep freeze.

The Independent UK

Hong Kongers reflect on Taiwan, an imperfect exile

Coming to Taiwan was a logical step for Lam Wing-kee, a Hong Kong bookstore owner who was held by police in China for five months for selling sensitive books about the Communist Party

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Bangkok Post

Duterte ends China oil talks, leaving any restart to Marcos

Outgoing Philippine President Rodrigo Duterte has ended talks with China on oil exploration in the disputed South China Sea, his top envoy said, posing a challenge for incoming leader Ferdinand Marcos Jr if he wishes to restart discussions.

ABC News

United States and China set to be excluded from Pacific Islands Forum meeting to avoid 'distraction'

The decision by the Pacific's peak diplomatic body to exclude major international powers from a crucial meeting next month will give leaders the opportunity to discuss regional issues without outside pressure.

Benzinga

BMW Starts Up New China Plant To Take On Tesla, Nio In World's Biggest EV Market

German automaker BMW (OTC: BMWYY) has started production at a new $2.24 billion electric vehicle plant in Shenyang, China, as it looks to take on Tesla Inc (NASDAQ: TSLA) an

Reuters

Taiwan donates $1 million for Afghan quake relief efforts

Taiwan will donate $1 million to Afghan earthquake relief efforts in response to a call from the United Nations and others for humanitarian assistance, the government said late on Thursday.

The Guardian - AU

‘Considerable strain’: how Australian officials saw the China rift

Officials kept in ‘regular contact’ with Chinese embassy even as Morrison government ministers frozen out, FoI documents shows

Reuters

More U.S. cabinet-level officials to visit the Pacific island region

White House Indo-Pacific coordinator Kurt Campbell said on Thursday he expects to see more U.S. cabinet-level officials visiting Pacific island countries as the United States steps up its engagement in the region to counter China.

Bangkok Post

How the US could lose the new cold war

The United States appears to have entered a new cold war with both China and Russia. And US leaders' portrayal of the confrontation as one between democracy and authoritarianism fails the smell test, especially at a time when the same leaders are actively courting a systematic human-rights abuser like Saudi…

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