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The Latest Breaking News from China

EV Week In Review: Elon Musk Shrugs Off China Shocker, Tesla India Plans On Backburner, Lordstown Gets Lifeline, Canoo Sinks On Going Concern Warning And More

The EV space was broadly lower in the week ending May 13, although closing off their lows. The industry took cues from the broader market, which went through a steep sell-off early in the week before recovering on Friday. Market leader Tesla, Inc.

Benzinga

Electric Cars Made In China Are Among The Most Popular EVs In Europe

It's hard to believe it, but Europe actually buys a ton of Chinese-made electric cars. Sure, most of them are Tesla, but it's still a surprise.

InsideEVs

Russia’s Black Sea blockade pushing millions towards famine, G7 says

Foreign ministers call for action to allow export of Ukrainian grain, as Kyiv claims Russian withdrawal from second-largest city

The Guardian - UK

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China Pulls Out of Hosting 2023 Asian Cup Due to Covid

Shock announcement comes after Beijing postponed the 2022 Asian Games as lockdowns continue to restrict the movements of hundreds of millions of people across the country

Caixin Global

Where the West and China Find Common Ground

A striking new translation of Chinese fairy tales shows a shared folkloric tradition.

Foreign Policy

Spraying deemed 'pointless' against Covid

SHANGHAI: Leaving a fine mist of disinfectant in their wake, China’s hazmat-clad health workers are cleaning homes, roads, parcels and even people — but more than two years into the pandemic, experts say it is a futile measure against Covid-19.

Bangkok Post

G7 warn of Ukraine grain crisis, ask China not to aid Russia

The Group of Seven leading economies have warned that the war in Ukraine is stoking a global food and energy crisis that threatens poor countries

The Independent UK

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China withdraws as Asian Cup host due to pandemic

China has withdrawn as the 2023 Asian Cup host due to the coronavirus, football officials said Saturday, with Beijing's strict zero-Covid strategy dealing another blow to the country's sporting ambitions.

Bangkok Post

Citing Pandemic, China Withdraws as Host of 2023 Asian Cup

China relinquished its right to host soccer's 2023 Asian Cup on Saturday in the latest cancellation of the country's sports hosting duties during the COVID-19 pandemic. The Asian Football Confederation praised Chinese soccer officials for making “this very difficult but necessary decision in the collective interests of the AFC Asian…

Asharq Al-Awsat

China gives up 2023 Asian Cup hosting rights citing COVID-19 situation

The event was due to be held in 10 cities from June 16 to July 16 next year

The Hindu

China not to host 2023 AFC Asian Cup due to surging COVID-19 cases

KUALA LUMPUR: China will not host the AFC Asian Cup final round next year in view of the surging COVID-19 cases in the country, the continent's football governing body said on Saturday.

The Times of India

Chinese passenger jet's debut nears

A Chinese rival to the Boeing 737 Max and Airbus A320neo narrow-body aircraft has completed its first pre-delivery test flight, according to a report by China Central Television.

Bangkok Post

China test flies first home-grown C919 jet to be delivered - Xinhua

China on Saturday completed a test flight of the country's first C919 jetliner to be delivered, the official Xinhua news agency said.

Reuters

Shanghai hunkers down for final COVID battle, Beijing outbreak stubborn

Shanghai was tightening its COVID-19 lockdown for what it hoped would be the final week of its battle with the virus before it could gradually begin to ease restrictions, while Beijing kept fighting its much smaller but persistent outbreak.

Reuters

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Reuters

Australia says Chinese spy ship did not breach law of the sea

A Chinese intelligence ship tracked off Australia's west coast within 50 nautical miles of a sensitive defence facility did not breach international maritime laws, Australia said on Saturday.

Bangkok Post

Biden hails 'new era' of US-Asean ties at first summit in Washington

WASHINGTON: US President Joe Biden said on Friday a first summit in Washington with leaders from the Association of Southeast Asian Nations (Asean) marked the launch of a "new era" in the relationship between the United States and the 10-nation bloc.

Reuters

Malaysia touts trade access as U.S. Indo-Pacific plan only a 'good beginning' -trade chief

Malaysia views U.S. President Joe Biden's proposed Indo-Pacific economic bloc as a welcome initiative but sees a bigger immediate opportunity in selling its access to a China-led trade pact to lure investment from global companies, Malaysia's trade minister said on Friday.

Bangkok Post

China end Thailand's fine run

Thailand bowed out in the semi-finals of the BWF Thomas & Uber Cup Finals on Friday.

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Axios

There's a shortage of graduation garb

Staff shortages, supply chain issues from the past year and new shutdowns in China related to COVID-19 are all to blame.

Bangkok Post

Equities steady after a week of inflation-fed worries

Recap: Global stocks regained some ground on Friday after a turbulent week triggered by concerns over surging inflation, aggressive rate hikes and slowing economies.

Al Jazeera

Biden hails ‘new era’ in Southeast Asian ties at key summit

US President Joe Biden tells leaders of 10-member ASEAN bloc that summit in Washington, DC marks ‘new era’ in relations.

ABC News

China responds to Peter Dutton's 'sensational' remarks about Chinese spy ship off WA

A Chinese Foreign Ministry spokesperson has responded to Defence Minister Peter Dutton stating a Chinese spy ship has been travelling along the WA coast on an intelligence-gathering mission, saying Beijing "always abides by international law".

ABC News

Australians leave expat life in Shanghai due to harsh COVID lockdown measures

Vivian and her family have left their expatriate life in Shanghai, where millions of people have been in strict lockdowns due to COVID-19. She says she is lucky to be able to escape, but many are still struggling to leave.

ABC News

ACT Senate candidate Li Fuxin linked to Chinese government's foreign influence arm

A federal Senate candidate billing himself as a choice for social harmony has a long history of activity with the Chinese government's main arm of overseas influence, the United Front Work Department.

StockNews.com

3 High-Yield Energy Stocks to Buy in May

Energy prices are expected to remain high this year owing to the Russia-Ukraine war and elevated energy demand. So, energy companies could generate solid gains in coming quarters with record-high gas prices and highly fluctuating oil prices. Therefore, we think investors that are looking to generate a steady income stream…

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