The Latest Breaking News from China

Shanghai Tries New Tactics to Stamp Out Crypto Mining

Companies running data centers are required to conduct self-checks and pledge not to engage in the power-hungry activity

Caixin Global · Jun 14, 2022

Xi Jinping announces plans to allow Chinese military to undertake 'armed forces operations' abroad

According to China's government, Xi Jinping has signed off on a set of new trial outlines that allow for Chinese "armed forces operations" that aren't war, and set a legal basis for the PLA to "safeguard China's national sovereignty, security and development interests".

ABC News · Jun 14, 2022

Commentary: Washington already fought a cold war with Beijing. It was a disaster

Since the Russian invasion of Ukraine began in February, a debate within the U.S. foreign policy community has reignited over how far Washington would go to defend Taiwan if China launched a similar assault on the island. These questions acquired a new level of urgency last month when President Joe…

Chicago Tribune · Jun 14, 2022

AirAsia turns to India to fill gap left by absent China tourists

With the major tourism market of China still mostly sealed off from the rest of the world, AirAsia, the budget carrier of Capital A Bhd, is turning to India to make up the shortfall.

Bangkok Post · Jun 14, 2022

Samsung China Chip Production Faces Disruption from Korea Trucker Strike

Samsung Electronics Co Ltd's chip production in China is facing disruption from a trucker strike in South Korea which is blocking exports of a key material, the Korea International Trade Association (KITA) said on Tuesday. It is the first concrete sign that the week-long strike is impacting chip production, having…

Asharq Al-Awsat · Jun 14, 2022

S.Korea truckers end strike; gov't agrees to extend pay guarantee

South Korea's unionised truckers and the transport ministry reached a tentative agreement on Tuesday on minimum pay guarantees in a late night deal ending a nationwide strike that crippled ports and industrial hubs, the two parties said.

Reuters · Jun 14, 2022

Oil Prices Inch Lower as China COVID, Recession Worries Outweigh Tight Supply

Oil prices inched lower after seesawing through early trading on Tuesday, as worries that fuel demand would be hit by a possible recession and fresh COVID-19 curbs in China outweighed tight global supplies. US West Texas Intermediate (WTI) crude fell 22 cents, or 0.2% to $120.71 a barrel at 0353…

Asharq Al-Awsat · Jun 14, 2022

Jaguar Denies XE And XF Production Has Ended, Order Books Are Still Open

Excluding China, the two cars generated combined sales of only 1,390 units in the first quarter of 2022.

Motor1 · Jun 14, 2022

Shanghai Composite Index Rose 1.02% on Tuesday

Shenzhen Component Index closed up 0.2%

Caixin Global · Jun 14, 2022

Taiwan Strait is an international waterway, Taipei says, in rebuff to China

TAIPEI: The Taiwan Strait is an international waterway and Taiwan's government supports U.S. warships transiting it, the foreign ministry said on Tuesday, rebuffing claims from China to exercise sovereignty over the strategic passage.

Bangkok Post · Jun 14, 2022