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The Latest Breaking News from China

DouYu Registers 17% Revenue Decline In Q1 Amid China's Live Streaming Crackdown

DouYu International Holdings Limited (NASDAQ:DOYU) reported a first-quarter FY22 revenue decline of 16.6% to $283.3 million year-on-year, beating the consensus of $253.2 million. HUYA Inc (NYSE:HUYA) revenue missed the Q1 consensus amid China's live streaming crackdown and COVID resurgence. Segments: DouYu's Livestreaming revenues decreased by 13.6% Y/Y to $272.5 million due to prudent operating strategies in anticipation…

Benzinga

China Eastern Crash Probe Looks into Crew Actions

Investigators looking into the crash of a China Eastern Airlines jet are examining the actions of the crew on the flight deck, with no evidence found of a technical malfunction, two people briefed on the matter said. In mainland China's deadliest aviation disaster for 28 years, the Boeing 737-800 crashed…

Asharq Al-Awsat

China: No information provided about March plane crash

China says that U.S. investigators haven’t released any information about the cause of a China Eastern Airlines jetliner crash in March after The Wall Street Journal reported data from its flight recorder indicated someone pushed the Boeing 737-800 into a steep dive

The Independent UK

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Philippines' Marcos wants China ties to 'shift to higher gear'

MANILA: Philippines president-elect Ferdinand Marcos Jr on Wednesday said his country's relations with China will expand and shift to a higher gear under his administration, and Beijing had assured him of its support for his "independent foreign policy".

Bangkok Post

US Strongly Advocates for Taiwan to Regain WHO Status

The State Department’s renewed support for Taiwan comes days after U.S. President Joe Biden signed into law a bill that directs the secretary of State to develop a strategy to regain observer status for Taiwan in the WHO.

The News Lens

Philippines' Marcos wants China ties to 'shift to higher gear' under his presidency

Philippines president-elect Ferdinand Marcos Jr on Wednesday said his country's ties with China will expand and "shift to a higher gear" when he takes power, signalling intent to advance outgoing leader Rodrigo Duterte's pro-Beijing agenda.

Reuters

EXPLAINER: What's behind difficult Taiwan-China relations?

U.S. authorities say the gunman behind an attack on a church in southern California in which one person was killed and five injured was motivated by a hatred for Taiwan

The Independent UK

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Japan 'sounded out' about hosting 2023 Asian Cup

TOKYO: The Japan Football Association (JFA) has been informally approached about the possibility of replacing China as hosts of next year's Asian Cup, chairman Kozo Tashima told Nikkan Sports.

Bangkok Post

Intentional crashes by pilots remain a rare form of air disaster

WASHINGTON: Indications that someone in the cockpit intentionally crashed a China Eastern Airlines Corp plane in March suggests the tragedy may join a rare group of air disasters deliberately caused by a pilot or passenger.

The Times of India

Vatican Expresses Concern Over Cardinal Zen’s Arrest For Ties To Pro-Democracy Fund

The Vatican has expressed “concern” after 90-year-old outspoken Cardinal Joseph Zen was arrested last week in Hong Kong on charges he had endangered China’s national security.

Zenger

Oil Prices Edge Up on China Demand Recovery Expectations, Tight Stocks

Oil prices edged up on Wednesday on expectations that easing COVID-19 restrictions in China will push up demand and as industry data showed drawdowns in US crude inventories. Brent crude was up 23 cents, or 0.2%, at $112.16 a barrel at 0633 GMT, while US West Texas Intermediate (WTI) crude…

Asharq Al-Awsat

Shanghai Composite Index Fell 0.25% on Wednesday

Shenzhen Component Index closed down 0.2%

Caixin Global

Burberry Pins its Outlook to China's COVID Recovery

British luxury brand Burberry said its outlook for the year ahead depended on how quickly China, its biggest market, recovered from COVID-19 lockdowns, after meeting expectations for sales and operating profit for its 2022 financial year. The company reported a 23% rise in revenue to 2.83 billion pounds ($3.52 billion)…

Asharq Al-Awsat

Tajikistan starts 'anti-terror operation' near China, Afghan borders - RIA

Tajikistan has launched an "anti-terror operation" in its restive Gorno-Badakhshan province, which borders Afghanistan and China, Russia's RIA news agency cited the Tajik interior ministry as saying on Wednesday.

Reuters

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AAP

Leaders grapple with China diplomacy

Scott Morrison and Anthony Albanese have spoken about their approach to dealing with a more assertive China and building partnerships in the Indo-Pacific.

Reuters

'Huge' pressure for Shanghai to stay COVID-free as lockdown end nears

Health authorities in Shanghai faced "huge" pressure to keep China's most populous city free of COVID-19 as residents were counting down the days until June 1 when their lockdown is set to end after almost two months of isolation.

The Guardian - AU

China seeks to reset relationship with Australia after election

Chinese diplomatic source says post-election period is ‘good opportunity’ to ease tensions with either re-elected Coalition or new Labor government

The Guardian - AU

EU to step up Indo-Pacific defence presence over China fears and Ukraine example

European Union’s special envoy cites concerns ‘multilateral rules-based order will not be fully respected’ in region

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The Times of India

US seeks to wean India from Russia weapons with arms-aid package

WASHINGTON: The US is preparing a military aid package for India to deepen security ties and reduce the country’s dependence on Russian weapons, people familiar with the matter said.

Al Jazeera

China Eastern plane crash may have been deliberate: Report

Boeing 737-800 plunged inexplicably from cruising altitude into the ground in March, killing all 132 people on board.

Al Jazeera

Taiwan stunned after deadly shooting at Taiwanese-American church

Suspected gunman David Chou was born in martial-law era Taiwan but identified as Chinese.

Axios

White House tries to soothe China solar panel probe fallout

The Biden administration is trying to mitigate political fallout of its own making.

Tribune News Service

Steve Wynn lobbied Trump on behalf of Chinese, US says

Former Wynn Resorts Chief Executive Steve Wynn lobbied then-President Donald Trump in 2017 on behalf of the Chinese government, which sought the return of an exiled businessman, the United States said in a lawsuit seeking to compel Wynn to register as an agent for China.

Reuters

U.S. business groups criticize Biden's Taiwan arms sales policy

U.S. business groups on Tuesday criticized the Biden administration's Taiwan arms sales policy, arguing in a public letter that it was too restrictive and failed to address challenges posed by China's military to the democratic island.

Bangkok Post

Explainer: Is Thai supply chain anchored to China?

China's Covid containment measures, especially in the world's largest port city of Shanghai, have influenced Thailand's supply chain security and could cast a shadow on local manufacturers' decisions in the medium term.

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