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The Latest Breaking News from China

Below the radar: How an Indian tycoon’s petrochemicals empire quietly dodged Iran sanctions

Indian tycoon Yogesh Mehta is not shy about his success. In dozens of interviews, YouTube videos, and Twitter posts, he recounts how his hard work and ingenuity made his Dubai-based business, Petrochem, the number one chemical distributor in the Middle East and Africa.

Newslaundry

Tesla Back Up To Over 80% Production Output At Giga Shanghai

The Shanghai Economics and Information Technology Commission confirms that Tesla has ramped up EV production in China to over 80 percent of capacity.

InsideEVs

JP Morgan downgrades Thailand on fading tourism recovery

Analysts at J.P. Morgan downgraded Thailand's equities rating on Monday, citing the slow pace of recovery in the tourism industry due to rising inflation and a surge in Covid-19 cases in China.

Bangkok Post

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U.S. FDA Rejects HUTCHMED's New Drug Application For Surufatinib In Neuroendocrine Tumors

HUTCHMED (China) Limited (Nasdaq: HCM) received a Complete Response Letter (CRL) from the U.S. Food and Drug Administration (FDA) for the New Drug Application (NDA) for Surufatinib for the treatment of pancreatic and extra-pancreatic (non-pancreatic) neuroendocrine tumors (NETs).

Benzinga

NIO Electric Car Sales Decreased In April 2022 By 28% YOY

NIO delivered 5,074 cars, which is 29% less than a year ago, and one of the lowest results in recent months.

InsideEVs

Shanghai COVID outbreak shows signs of waning as cases fall

The COVID-19 outbreak that has shut down most of Shanghai appears to be waning

The Independent UK

Tesla Recalls 62,900 Model 3s In US And China Over Speed Display

Tesla has recalled 48,184 Model 3 Performance vehicles in the US and 14,684 in China for the same issue.

InsideEVs

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Expert: "Another bad year for democracy"

Andrew Viteritti of the Economist says polarization and paralysis are here to stay — but there's reason for hope

Salon

VIDEO: Karachi Suicide Bomber Was Highly Educated Married Mum-of-Two

Shari Baloch, 30, became the first female suicide bomber of the Baloch Liberation Army when she blew herself up.

Zenger

Taiwan considers alternatives after U.S. informs of howitzer delay

Taiwan's Defence Ministry said on Monday it was considering alternative weapons options after the United States informed it that the delivery of an artillery system would be delayed due to a "crowded" production line.

Reuters

Solomon Islands to supervise Chinese police operating there -official

China's police presence under a new security pact will boost the capabilities of the Solomon Islands but they will not use techniques seen in Hong Kong, the Pacific island country's top diplomat to Australia said in a radio interview on Monday.

Reuters

Oil Falls on China Growth Concerns Even as EU Weighs Russia Import Ban

Oil prices fell on Monday in holiday-sapped trade in Asia as concerns about slowing economic growth in China, the world's top oil importer, outweighed fears of potential supply disruptions from a looming European Union ban on Russian crude. Brent crude futures fell $1.21, or 1.1%, to $105.93 a barrel at…

Asharq Al-Awsat

China contagion threatens to derail the world’s emerging markets

A widespread selloff in China is rippling through emerging markets, threatening to snuff out growth and drag down everything from stocks to currencies and bonds.

Bangkok Post

Doctor Strange in the Multiverse of Madness scene causes backlash in China

A tiny detail in one scene could prevent film from being shown in China

The Independent UK

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Reuters

Setback for Shanghai's COVID battle as Beijing ramps up mass testing

China's commercial capital of Shanghai was dealt a blow on Monday as authorities reported 58 new COVID-19 cases outside areas under strict lockdown, while Beijing pressed on with testing millions of people on a May Day holiday few were celebrating.

Reuters

Beijing concerned with rising North Korea tensions, envoy says in Seoul

Beijing is concerned about the tense situation on the Korean peninsula, China's Korean affairs envoy said as he arrived for talks in Seoul this week, adding that both the symptoms and root cause of tensions needed to be addressed.

The Independent UK

Asian shares fall in thin trading after rout on Wall St

Asian shares are lower following a sell-off Friday on Wall Street

Bangkok Post

Police raid Pattaya drug party

Sixteen people, most from China and Myanmar, were arrested and drugs seized during a police raid in Pattaya early on Saturday morning.

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The Hindu

Funding woes haunt Indian science

NRF could be a game-changer by its intent of democratisation of the knowledge base

The Hindu

Invigorating the Ayush industry

Its integration into mainstream systems will give wider acceptance to traditional systems of the country

Newsroom.co.nz

Kyung Yup Kim, China and NZ's extradition laws

A woman was killed in Shanghai in 2009. A New Zealand resident, Kyung Yup Kim, is accused of her murder. China wants him extradited - why is it taking so long?

Al Jazeera

Nine arrested in China over building collapse: Police

Suspects include the building’s owner and members of an inspection firm accused of providing a false safety report.

Newsroom.co.nz

Foreign powers already have boots on the ground in Solomon Islands

Terence Wood: Talk of a Chinese military base in the islands shows the impact of politicians stoking our fears of the world – when it's NZ and Australian soldiers actually been called in.

Reuters

Outspoken market analyst's Chinese social media accounts suspended

The Chinese social media accounts of an outspoken Hong Kong-based market strategist were suspended after a series of downbeat commentaries and a slump in mainland equities to two-year lows on COVID-19 lockdowns and global political tensions.

The Hindu

Vinay Mohan Kwatra takes charge as new Foreign Secretary

Mr. Kwatra is known to have extensive expertise in dealing with India's neighbourhood as well as the U.S., China and Europe

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