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The Latest Breaking News from China

Death toll rises to 26 in Chinese building collapse

The number of people confirmed dead after a building in China collapsed has risen to 26, state media reported Thursday, nearly a week after the block containing apartments, a hotel and a cinema caved in.

Bangkok Post

Taiwan says it cannot afford new US anti-submarine helicopters

Self-governing island, claimed by China, says other weapons deals from the US also delayed amid Russian war in Ukraine.

Al Jazeera

Trump’s 2020 campaign tested ‘outlandish’ idea of giving Americans ability to sue China in court, book says

Among other ideas tested were expelling Chinese scientists, researchers and technicians

The Independent UK

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Australia defends Solomon Islands ties after ‘invasion’ claim as China row grows

Australia’s defence minister insisted the claims are not about the nation

The Independent UK

China’s Box Office, Train Ticket and Real Estate Sales Plunge Over Holiday

Cinema revenue plummeted 82.3% during the five-day break while the number of new home sales in 30 major cities fell 73.1%

Caixin Global

China Lockdowns Could Evolve As A 'Demand Problem' For Apple, Says Analyst

A renowned Apple Inc. (NASDAQ: AAPL) analyst on Wednesday suggested that the China COVID-19 lockdown situation could evolve more as a demand problem for the iPhone maker than as a production issue.

Benzinga

Russian war, China lockdowns roil oil markets as OPEC+ meets

Oil markets have been fluctuating over fears of lost supplies from Russia because of the war in Ukraine

The Independent UK

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JD, Nio, Pinduoduo Among 80 Chinese Companies Identified By SEC For Potential Delisting: What Investors Should Know

The SEC continued to crack the regulatory whip on U.S.-listed Chinese companies for non-compliance with audit requirements necessitated by the "Holding Foreign Companies Accountable Act."

Benzinga

Labor denounces Peter Dutton’s ‘conspiracy theory’ that China wants Coalition to lose election

In election debate, Labor’s Brendan O’Connor says defence minister’s line of attack on China is for his own political purposes

The Guardian - AU

Debate sparks over China's interest in Australian election

An Australian debate heated up Thursday when the defense minister said there was evidence the Chinese Communist Party wanted Australia’s government to change at the May 21 election because a center-left Labor Party administration would attempt to appease Beijing

The Independent UK

China's Covid controls prompting firms to consider moving elsewhere

SHENZHEN: European businesses in China are increasingly looking to shift their investments to other markets due to the country's strict Covid-19 containment measures and supply chain disruptions, the European Chamber of Commerce in China said on Thursday.

Bangkok Post

Shanghai Composite Index Rose 0.68% on Thursday

Shenzhen Component Index closed up 0.23%

Caixin Global

China dominates defence debate between Dutton and O'Connor, with minister warning Australia must 'prepare for war'

Defence Minister Peter Dutton faces off against his counterpart Brendan O'Connor, with the pair agreeing China has changed and Australia must be prepared for war.

ABC News

Beijing nervously returns to work as China doubles down on 'zero-COVID' policy

Beijing residents tentatively returned to work on Thursday after a muted five-day Labour Day holiday devoid of the usual trips across the country or lavish family dinners, as China pledged to fight any criticism of its uncompromising "zero-COVID" policy.

Reuters

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AAP

Chinese influence 'phenomenal': Dutton

China's growing global influence is "quite phenomenal" according to Defence Minister Peter Dutton, who faced off with his Labor counterpart at a debate.

The Independent UK

Hong Kong reopens beaches, Beijing relaxes quarantine rules

Hong Kong is reopening beaches and pools in a relaxation of COVID-19 restrictions, while China's capital Beijing is easing quarantine rules for arrivals from overseas

Reuters

Australia wants calm in ties with Solomon Islands after 'invasion' claim

Australia will respond calmly to the Solomon Islands after it signed a security pact with China, Prime Minister Scott Morrison said, dismissing a furious response by the leader of the Pacific nation to Western criticism of the deal.

The Guardian - AU

Rio Tinto warns Australia’s slow renewable energy rollout threatens fossil fuel phase out

Mining giant also apologises for bullying culture at annual shareholder meeting

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Daily Mirror

People 'bolted inside their own homes' in brutal lockdown after Covid spike in China

Videos on Chinese social media appear to show public health workers wearing personal protective equipment using wires and iron bolts to lock people in their homes

Al Jazeera

‘No end in sight’: In Beijing, fears of Shanghai-style lockdown

Officials in Chinese capital have designated 518 coronavirus outbreak sites amid growing fears of a city-wide lockdown.

The Conversation

China’s 'innovation machine': how it works, how it’s changing and why it matters

China has had the world’s fastest growing economy since the 1980s. A key driver of this extraordinary growth has been the country’s pragmatic system of innovation, which balances government steering and market-oriented entrepreneurs.

The Independent UK

Survivor found almost 6 days after China building collapse

Rescuers in central China have pulled a woman alive from the rubble of a building that partially collapsed almost six days earlier

The Conversation

Australia is investigating a digital currency, or e-dollar, but its benefits seem slight and the risks to privacy large

We are used to thinking of money as notes and coins, the kind most of us hold in our wallets. But most money – in Australia it’s 96.3% – is digital, held by financial institutions and moved around via bank transfers, debit cards and credit cards.

Reuters

Shanghai reports 13 new COVID-related deaths for May 4, versus 16 a day earlier

China's eastern financial hub of Shanghai reported 13 new COVID-19 deaths for May 4, down from 16 a day earlier, the local government said in a statement on Thursday.

The Guardian - AU

New Zealand foreign minister blames ‘relationship failure’ for China-Solomons security deal

Nanaia Mahuta confirms ‘unwelcome and unnecessary’ deal came as a surprise to New Zealand and Australia, saying the Solomons must provide transparency

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