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The Latest Breaking News from China

China opposes semiconductor bill because it will give U.S. advantage -U.S. commerce chief

U.S. Commerce Secretary Gina Raimondo said Wednesday the Chinese government opposes an effort in Congress to ramp up U.S. semiconductor manufacturing because it will give the United States more of a competitive punch.

Reuters

Half of patients hospitalised with Covid still struggling with symptoms two years later, study shows

The study followed 1,192 participants in China

The Independent UK

U.S. calls out Russia, China opposition to U.N. action on N.Korea

The United States called out China and Russia on Wednesday for opposing further United Nations action on North Korea, warning that the Security Council "cannot stay silent any longer" as Pyongyang prepares for a seventh nuclear test.

Reuters

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Biden Considers Dropping China Tariffs to Fight Inflation

American president says he may roll back costly Trump duties to lower prices on goods in the U.S., though ‘no decision has been made’

Caixin Global

Health group touts investment in Laos

The Thonburi Healthcare Group has suggested investors look at opportunities in Laos that can help boost freight transportation from Thailand to China and other countries in the region.

Bangkok Post

Apple vs. Cisco: Which Dow Jones Stock is a Better Buy the Dip Candidate?

While the market has been witnessing a massive sell-off on concerns over the Fed’s hawkish monetary policy to curb rising inflation, the ongoing Russia-Ukraine war, and lockdowns in China, the Dow Jones Industrial Average could rebound later this year with the fast-paced reopening of industrial activities. So, Apple (AAPL) and…

StockNews.com

The winners and losers of the war

India has neither lost nor gained anything by refusing to condemn Russia’s invasion of Ukraine

The Hindu

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Australians in Shanghai disappointed lockdown could stop them voting in federal election

Australians living under a strict lockdown in Shanghai have given up on hopes of voting in the federal election, saying there's no chance they will be able to send postal votes back to the Australian Electoral Commission in time.

ABC News

Here's Why TSMC Warned Against Price Hike For Second Time Within One Year

Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM) has warned clients for the second time after August against its plans to raise prices, to beat inflation concerns, rising costs, and its expansion plans to counter the global supply crunch, Nikkei Asia reports. TSMC, the leading contract chipmaker, looks to raise prices by "single-digit percentages" across mature…

Benzinga

‘Sydney Daddy’: why the Chinese-language YouTube shock jock wears a mask in public

Edgar Lu’s talk-back YouTube show is popular worldwide amongst the Chinese diaspora but he has critics, in China and closer to home

The Guardian - AU

Tesla Restarts Exports Out Of China Following Previous Shutdown

Tesla's Giga Shanghai recently reopened after a lengthy shutdown. However, it has already ramped up enough capacity to start shipping cars overseas.

InsideEVs

Biden Seeks to Keep China in Focus by Welcoming ASEAN Leaders

President Joe Biden will host Southeast Asian leaders in Washington this week, seeking to show his administration remains focused on the Indo-Pacific and the long-term challenge of China despite the Ukraine crisis. A two-day summit with the 10-nation Association of Southeast Asian Nations (ASEAN) begins with a White House dinner…

Asharq Al-Awsat

‘Irresponsible’: China hits back at WHO criticism of zero-Covid strategy

The Chinese foreign ministry urged the World Health Organisation to ‘refrain from making irresponsible remarks’

The Independent UK

Tensions rise in House over Navy shipbuilding - Roll Call

House lawmakers criticized President Biden's budget proposal for the Navy, arguing it would not keep pace with China.

Roll Call

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Reuters

Four in ten Australians say concern over China an election issue - survey

Concern about China will impact the way four in ten Australians vote in this month's national election, according to a university survey that also found voters saw the major political parties as equally well placed to handle the relationship with Beijing.

Inverse

'Coherence's James Ward Byrkit plots his next sci-fi sensation

Following a successful Kickstarter, the filmmaker is developing 'Shatter Belt' — an anthology series about the nature of consciousness — one episode at a time.

Radio France Internationale

Macron phone call to Putin ally Xi Jinping underlines deep differences

French President Emmanuel Macron on Tuesday had a telephone conversation with his Chinese counterpart Xi Jinping. Comparing the French and Chinese reactions to the meeting gives an indication of the distance separating the priorities of Beijing and Paris.

The Independent UK

Reports: Hong Kong arrests Roman Catholic cardinal, 3 others

Reports say a Roman Catholic cardinal and three others have been arrested in Hong Kong on suspicion of colluding with foreign forces to endanger China's national security

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Al Jazeera

‘This game is up’: Serbia urged to take a stand on Ukraine’s war

Belgrade enjoys warm ties with Moscow but in recent weeks, pro-government tabloids have turned on Putin.

Reuters

Hong Kong police bail Catholic cardinal arrested on national security charge

Cardinal Joseph Zen, one of the most senior Catholic clerics in Asia, and three others who helped run a now-disbanded Hong Kong fund for protesters were arrested on charges of "collusion with foreign forces," and later released on bail.

Caixin Global

Opinion: How Singapore Could Outperform Shanghai, Hong Kong to Become Asia’s Financial Center

The country has benefited from China-U.S. tensions and a successful response to Covid-19

The Guardian - UK

Revealed: the ‘carbon bombs’ set to trigger catastrophic climate breakdown

Exclusive: Oil and gas majors are planning scores of vast projects that threaten to shatter the 1.5C climate goal. If governments do not act, these firms will continue to cash in as the world burns

The Times of India

Chinese President Xi Jinping is reportedly suffering from cerebral aneurysm

Beijing [China], May 10 (ANI): Chinese President Xi Jinping is suffering from 'cerebral aneurysm' and had to be hospitalized at the end of 2021, media reports said.

Caixin Global

China’s Vehicle Production, Sales Plunged in April

Consumers were less willing to buy a car as slowing economic growth and fallout from the pandemic weakened confidence, industry organization says

Benzinga

Tesla Analyst Contradicts Elon Musk On China Lockdown Impact: 'Giga Shanghai Ramp-Up Unlikely Until June'

The key to Tesla, Inc. (NASDAQ: TSLA) hitting its sales target for the year is the speedy ramp of Giga Shanghai, which faced disruptions from COVID-19 lockdowns in China.

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