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The Latest Breaking News from China

Sri Lanka begins talks with China on refinancing debt

Sri Lanka has begun discussions with China about refinancing its debt, a cabinet spokesman said on Tuesday, as Colombo struggles with its worst financial crisis in decades.

Reuters

Beijing Expands Mass Testing as Lockdown Fears Grow

Beijing on Tuesday launched mass coronavirus testing for nearly all its 21 million residents, as fears grew that the Chinese capital may be placed under a strict lockdown like Shanghai. China is trying to contain a wave of infections in Shanghai -- its biggest city -- which has been almost…

Asharq Al-Awsat

Asia facing ‘stagflationary’ risks, IMF official warns

Senior official points to Ukraine war, soaring commodity prices and China’s economic slowdown as risks to the region.

Al Jazeera

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Australia PM trails in poll amid criticism over handling of China-Solomons deal

Australian Prime Minister Scott Morrison is struggling to close the gap with the main opposition ahead of an upcoming general election, a poll showed on Tuesday, amid criticism over his handling of a security pact between China and Solomon Islands.

Reuters

Too many new coal-fired plants planned for 1.5C climate goal, report concludes

Number of new plants planned fell last year, but coal-generated electricity rose by 9% to record high

The Guardian - UK

Covid camps, fenced-off apartments and workers forced to sleep in factories — inside Shanghai’s lockdown

More than 25 million residents have been shut inside their homes for four weeks while officials battle to contain the city’s worst Omicron surge to date. As fences go up around housing blocks with no end to the lockdown in sight, Ed Tucker reports from China’s Covid frontline

Evening Standard

Xinjiang: UN team in China ahead of visit by human rights chief

Michelle Bachelet due to visit Uyghur region in May after United Nations long pushed China for ‘unfettered, meaningful’ access

The Guardian - AU

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Australian opposition party vows to train Pacific armies

Australia’s opposition party has promised to establish a Pacific defense school to train neighboring armies in response to China’s potential military presence on the Solomon Islands

The Independent UK

South Korea key for Europe to manage fallout from China-U.S. rivalry, report says

Closer ties between the European Union and South Korea under President-elect Yoon Suk-yeol are imperative for managing China's rising power and the increasing rivalry between Beijing and Washington, former ambassadors and officials said.

Reuters

Labor promises to counter Chinese influence in the Pacific with $525 million step up in foreign aid

Labor will boost foreign aid to the Pacific by more than half a billion dollars, establishing climate and defence training programs and overhauling visa programs, as part of an effort to counter China's influence in the region.

ABC News

America’s lopsided China strategy: all guns and no butter

Facing criticism that its approach focuses too much on defence, the administration is preparing an economic plan for the Indo-Pacific

Financial Times

Could Asia save Putin from an EU energy ban? It’s not so simple

Infrastructure issues, political pressure and low demand could prevent Asia from absorbing diverted energy supplies.

Al Jazeera

U.S. seeks to increase security cooperation with Papua New Guinea

The United States wants to expand security cooperation with the Pacific island nation of Papua New Guinea, a U.S. official said on Tuesday, amid concerns in Washington about China's motives for striking a security pact with the nearby Solomon Islands.

Reuters

US won’t rule out military action if China establishes base in Solomon Islands

Ambassador Daniel Kritenbrink warns security pact presents ‘potential regional security implications’

The Guardian - AU

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ABC News

China dismisses speculation about plans for Solomon Islands military base

China's Foreign Ministry spokesperson says claims that Beijing intends to build a military base on Solomon Islands after signing a security agreement with the Pacific nation are "completely fabricated".

The Times of India

Jeff Bezos takes aim at Musk's Twitter deal With China jibe

Amazon.com Inc founder Jeff Bezos posed a provocative question after Elon Musk clinched a $44 billion takeover of Twitter Inc: whether that will make things difficult for Tesla Inc in China.

The Hindu

Morning digest | Elon Musk buys Twitter for $44 billion; No limits to Russia-China friendship, warns EU chief amid Ukraine crisis, and more

A select list of stories to read before you start your day

The Guardian - AU

Temper tantrums and invasion threats over Solomon Islands deal with China will push Pacific allies away

Behaving like the security deal is a catastrophe lessens our standing in a region sick of being seen as a geo-strategic chessboard

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Reuters

Beijing to test 20 million for COVID in bid to avert Shanghai lockdown misery

Three-quarters of Beijing's 22 million people lined up for COVID-19 tests on Tuesday as authorities in the Chinese capital raced to stamp out a nascent outbreak and avert the debilitating city-wide lockdown that has shrouded Shanghai for a month.

Axios

Global military spending tops $2 trillion for first time, led by U.S.

The U.S. spent 38% of the global total, with China at 14%

Caixin Global

BlackRock Venture Launches First Pension Product in China

BlackRock’s majority-owned joint venture in China launched its first pilot pension wealth management investment in government and financial bonds.

The Guardian - AU

Payne says China military base in Solomons would be a ‘red line’ – as it happened

This blog is now closed

ABC News

In election 2022 battleground seats, voters are switching off politics but economic issues loom

From marginal seats with diverse communities to blue-ribbon ones with climate-focused independents, voters are fed up with political spin and are seeking policy action on big issues like the cost of living and climate change.

The Guardian - UK

Morning mail: lobby group under fire for trans billboard, old China trip sparks new dispute, Elon Musk buys Twitter

Tuesday: AOC and Swimming Australia threaten legal action over billboards claiming ‘women’s sport is not for men’. Plus: the world’s richest man now owns Twitter

Tribune News Service

China plans system to take out asteroids hurtling toward earth

China plans to develop a system for monitoring asteroids that pose a threat to earth, highlighting the nation’s growing ambitions for its space program.

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