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The Latest Breaking News from China

Lanarkshire graduates prepare to showcase their trade skills as they compete in China

The pair are part of the 39-strong Team UK travelling to Shanghai in October.

Daily Record

2022 Benelli TRK 502X Gets An Aluminum Alloy Swingarm In China

Benelli bestowed a couple of updates on the 2022 TRK 502X as released in China, which aren't found on the earlier 2022 releases in other markets.

RideApart

Justice Department Sues Steve Wynn For Lobbying Trump On China's Behalf

The U.S. Department of Justice filed a civil enforcement action against hotel and casino executive Steve Wynn that would force him to register as a foreign agent working on behalf of the Chinese government.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

US Charges Chinese Agents, American Citizen with Spying

The United States said Wednesday it had charged four Chinese intelligence officers with helping an American citizen spy on prominent critics of China. Together all five conspired to silence Chinese dissidents, pro-democracy activists and human rights leaders, New York prosecutors said in a statement. The US citizen -- 73-year-old Shujun…

Asharq Al-Awsat

Biden Adviser Sullivan and China’s Yang Discuss Regional Security

President Joe Biden's national security adviser Jake Sullivan spoke by phone on Wednesday with China's top diplomat Yang Jiechi, a call focused on regional security issues and nonproliferation, the White House said. Biden will visit Asia from May 20 to 24, including South Korea and Japan, a trip aimed at…

Asharq Al-Awsat

UN Drops Forecast for Global Economic Growth in 2022 to 3.1%

The United Nations on Wednesday significantly lowered its forecast for global economic growth this year from 4% to 3.1%, saying the war in Ukraine has triggered increasing global food and commodity prices and exacerbated inflationary pressures, upending the fragile recovery from the COVID-19 pandemic. The mid-2022 forecast from the UN…

Asharq Al-Awsat

Ukraine invasion a threat to Indo-Pacific, says Europe envoy

The European Union's special emissary to the region praises NZ's response to the conflict and promises stronger engagement.

Newsroom.co.nz

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Shrinking Tencent Music Looks for Sustainable Business Model

Key Takeaways: Tencent Music’s revenue and profit fell 15% and 34%, respectively, in the first quarter, after the company was ordered to stop its anti-competitive practices last year

Benzinga

Why Laguna Woods? Mysteries still loom in Taiwanese church shooting

LOS ANGELES — While the suspect in the Laguna Woods church shooting has been charged with multiple felony counts, some key mysteries remain about the attack on a Taiwanese church that left one dead and five wounded.

Los Angeles Times

California shooting highlights growing tensions between Taiwan and China

TAIPEI, Taiwan — The man accused of opening fire inside a Taiwanese church in Laguna Woods, California, on Sunday is believed to have been driven by hatred for Taiwanese people and the political belief that Taiwan is a part of China, highlighting the increasingly fraught geopolitical situation in the Taiwan…

Los Angeles Times

2 Steel Stocks to Buy on the Dip: Nucor and United States Steel

Amid depressed demand due to China’s ongoing COVID-19-related lockdowns and disrupted global supply chains owing to geopolitical tensions, steel prices have witnessed a significant decline over the past month. However, amid the market sell-off, we think buying the stocks of fundamentally sound steel companies Nucor (NUE) and United States Steel…

StockNews.com

Biden adviser Sullivan and China's Yang held phone talks, White House says

President Joe Biden's national security adviser Jake Sullivan held a phone call on Wednesday with China's top diplomat Yang Jiechi in which they focused on regional security issues and nonproliferation, the White House said in a statement.

Reuters

U.S. official meets Tibetan delegates in Dharamshala

U.S. Special Coordinator on Tibet Uzra Zeya is also expected to meet with the Dalai Lama

The Hindu

China blasts US, Japan rhetoric ahead of Quad summit

Chinese Foreign Minister Wang Yi has criticized what he called negative moves by Washington and Tokyo against Beijing ahead of a meeting in Tokyo next week of the leaders of the U.S., Japan, Australia and India

The Independent UK

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Caixin Global

China Loosens Covid Testing Rules for Travelers From U.S.

Passengers only need to take nucleic acid tests closer to departure date, no longer require antibody test results

Benzinga

China In Talks With EV Manufacturers To Extend EV Subsidies Beyond 2022: Report

Chinese electric vehicle manufacturers that bore the brunt of the domestic COVID-19 lockdowns could be in for a reprieve. What Happened: With the looming expiration of EV subsidies, China's policymakers have initiated discussions with domestic manufacturers regarding the extension of the program, Reuters reported, citing people familiar with the matter.

The Hindu

Jaishankar to attend BRICS Foreign Ministers’ meet on May 19

This is the first meeting of BRICS Foreign Ministers since Russia’s invasion of Ukraine

InsideEVs

Report: China Considers Extension Of EV Subsidies Beyond 2022

China is the world's largest and also one of the fastest-growing plug-in car markets, which in substantial part was possible through subsidies and tax breaks.

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InsideEVs

China: Wuling Hong Guang MINI EV Notes Its First Sales Drop

According to the China Passenger Car Association (CPCA)'s data, in April, some 24,908 Wuling Hong Guang MINI EVs were sold, which is 6% less than a year ago.

The Japan News/Yomiuri

Charges filed over money sent to North Korean IT developer

YOKOHAMA -- The Kanagawa prefectural police sent papers to prosecutors Wednesday on a Japan-based South Korean man and a woman with Korean heritage for allegedly transferring money to a China-based North Korean software developer illegally.

Benzinga

Baidu's Chip Affiliate Explores Second Funding Round, Wants To Capitalize On Growing Appetite From Venture Capitalists

Baidu, Inc (NASDAQ:BIDU) chip affiliate Kunlun discussed raising 2 billion yuan ($317 million) in its second funding round, Bloomberg reports. Kunlun has deployed its AI chips to power Baidu's core searching services, and the new financing will help it further expand its client base beyond its parent in a market dominated by Nvidia Corp (NASDAQ:NVDA). Demand…

Benzinga

Tencent Misses Q1 Revenue As Regulatory Crackdown Takes Its Toll

Tencent Holding Ltd (OTC:TCEHY) reported first-quarter FY22 flat revenue growth year-on-year to 135.5 billion yuan ($20.1 billion), missing the consensus of 141 billion yuan as China started approving gaming licenses. Revenues from VAS were stable Y/Y at 72.7 billion yuan. Domestic Games revenues decreased by 1% Y/Y to 33.0 billion yuan due to the…

ABC News

Philippines president-elect Ferdinand Marcos Jr says Manila and Beijing to expand relationship

President-elect Ferdinand Marcos Jr says relations between the Philippines and China will "shift to a higher gear" under his administration after Chinese President Xi Jinping assured him of support for his "independent foreign policy".

InsideEVs

China Clones Classic Mini, Wants To Bring It Back As An EV

The original Mini went out of production in the year 2000, but now they want to revive it in China to sip on electrons.

Evening Standard

Burberry downplays impact of Chinese lockdowns despite shut stores

British luxury brand is hoping for a swift ‘rebound’ as restrictions ease

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