Renishaw cuts profit forecast amid Russia pull-out and China lockdowns The Gloucestershire-based engineering giant said it was ‘mindful of global uncertainties’ Birmingham Post · May 10, 2022
After trillions in losses, Asia’s stock rout looks far from over All signs point to more losses ahead for Asian equities after a four-month slump that has wiped out over $2 trillion in value. Bangkok Post · May 10, 2022
China says G7 concern over Hong Kong leader selection is interference China said on Tuesday that an expression of concern by the Group of Seven industrialised nations over the selection process for Hong Kong's new chief executive was interference in China's internal affairs. Reuters · May 10, 2022
Tesla April China Sales Hit Rock Bottom, Underperform Industry: What Investors Should Know Tesla, Inc.'s (NASDAQ: TSLA) China sales plummeted in April, and the magnitude of underperformance would have disappointed even the most pessimistic of forecasts. Benzinga · May 10, 2022
Australia's neighbours at risk of manipulation - spy chief Democratic systems in Australia's region are at risk of being manipulated, with their leaders controlled and taken advantage of through "largesse", Australia's overseas intelligence chief said in a rare public appearance on Tuesday. Reuters · May 10, 2022
Apocalyptic scenes in China as sky turns blood red before bizarre explanation revealed The sky above Zhoushan in eastern China turned blood red for several hours on Saturday, leading to many fearing the apocalypse was here - but there was actually a simple explanation Daily Mirror · May 10, 2022
Xi Promotes Communist Party Youth Wing Ahead of Key Congress Chinese President Xi Jinping on Tuesday promoted the role of the ruling Communist Party’s youth wing ahead of a key party congress later this year that comes amid rising economic and social pressures. Addressing a meeting marking the centenary of the Communist Youth League of China, Xi said the body… Asharq Al-Awsat · May 10, 2022
China rebukes U.S. for changing Taiwan wording on State Department website China's Foreign Ministry on Tuesday slammed the United States for changing the wording on the State Department website about Taiwan, saying "political manipulation" will not succeed in changing the status quo over the island. Reuters · May 10, 2022
Spy agency head suggests disillusioned Chinese officials cooperating with Australia In rare public address Asis chief says there are ‘more signs of officials and individuals interested in a relationship’ due to China’s ‘enforced monoculture’ The Guardian - AU · May 10, 2022
Shanghai Composite Index Rose 1.06% on Tuesday Shenzhen Component Index closed up 1.37% Caixin Global · May 10, 2022
Tesco chairman calls for energy windfall tax; Markets rebound after ‘everything rout’ – as it happened Rolling coverage of the latest economic and financial news The Guardian - UK · May 10, 2022
Tesla stutters under tighter Shanghai lockdown; Beijing keeps hunting COVID Tesla operated its Shanghai plant well below capacity on Tuesday, showing the problems factories face trying to ramp up output under a tightening COVID-19 lockdown, while China's capital kept up its fight with a small but stubborn outbreak. Reuters · May 10, 2022
Biden team sees tilt to China buoyed as Putin falters in Ukraine WASHINGTON: As Europe's largest conflict since World War II rages in Ukraine, top Biden administration aides are increasingly convinced it could provide the US with an unexpected advantage -- against China. The Times of India · May 10, 2022
Shanghai disinfects homes, closes all subways in COVID fight Teams in white protective suits are going into the homes of coronavirus-infected people to spray disinfectant as Shanghai tries to root out an omicron outbreak under China’s strict “zero-COVID” strategy The Independent UK · May 10, 2022
The Independent UK · May 10, 2022 Xi promotes Communist Party youth wing ahead of key congress Chinese President Xi Jinping is promoting the role of the ruling Communist Party's youth wing ahead of a key party congress later this year and amid rising economic and social pressures
Reuters · May 10, 2022 G7 flags rights concerns in selection of new Hong Kong leader The selection process for a new chief executive in Hong Kong is a source of grave concern and underscores wider worries about fundamental freedoms there, a Group of Seven statement said on Monday, prompting a rebuke from China.
The Guardian - UK · May 10, 2022 China’s pro-Russia propaganda exposed by online activists Mistranslations falsely blame Ukrainians for atrocities perpetrated by Russian forces against civilians
The Independent UK · May 10, 2022 Taiwan activist released from China says global help worked A Taiwanese human rights activist who served five years in jail in China spoke out Tuesday, said that international pressure and the tireless advocacy by his wife worked to ensure his safe return to Taiwan
Reuters · May 10, 2022 Taiwan activist says did forced labour in China but not tortured A Taiwanese activist jailed in China said on Tuesday that he was subjected to forced labour and endured stale food while serving a five-year sentence, but that he was not tortured.
The Times of India · May 10, 2022 China tightens Covid noose as cases persist in Shanghai, Beijing BEIJING/SHANGHAI: China is tightening pandemic restrictions in Shanghai and expanding a mass testing sweep in Beijing as officials chase the elusive goal of wiping out Covid-19 cases in the community.
The Independent UK · May 10, 2022 Supplies launched to China's new space station for next crew A Chinese cargo vessel has docked with the country's under-construction space station before a new crew arrives next month
Newcastle Herald · May 10, 2022 China on our doorstep: Australia should have taken better care of its Pacific family The security agreement between the Solomon Islands and China has put this strategic nation firmly in China's orbit as a client state.
The Guardian - UK · May 10, 2022 ‘No end in sight’: Shanghai residents chafe at harsh Covid measures Tensions rise again as lockdowns grind on and the city’s population tire of strict zero-Covid policy
Tribune News Service · May 9, 2022 G-7 expresses ‘grave concern’ over Hong Kong leader’s election The foreign ministers of the Group of Seven most industrialized nations expressed “grave concern” over the process by which Hong Kong selected its next chief executive, calling it an assault on the fundamental freedoms of the former British colony that returned to Chinese control in 1997.
Bangkok Post · May 9, 2022 Jurin's fruit campaign to encourage Thai consumption The Commerce Ministry is beefing up fruit promotion campaigns to stimulate domestic consumption and offset lower exports of the food, which are being hit hard by the ongoing closure of China's key border checkpoints.