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The Latest Breaking News from China

Iran wants oil tariffs paid in Chinese yuan – is the power of the US petrodollar in decline?

After weeks of blockades by Iran and the United States in the Strait of Hormuz, it’s clear the narrow waterway is now pivotal to the outcome of the conflict.

The Conversation

Nepal opposition wants PM Balendra Shah to hold Lipulekh talks with India

Nepali Congress-led opposition MPs on Thursday pressed Balendra Shah govt “to move beyond diplomatic notes” and open high-level talks with India and China to “reclaim” Lipulekh, Limpiyadhura and Kalapani — Indian territories Kathmandu claims is theirs, reports Vishant Agarwala.

The Times of India

Bangladesh seeks China support for Teesta restoration project

DHAKA: The Tarique Rahman-led Bangladesh govt has sought China’s “involvement and support” for the Teesta restoration project, a move that risks clouding New Delhi-Dhaka relations, as the latter pushes India to work towards implementing the 2011 Teesta water-sharing treaty blocked by outgoing West Bengal CM Mamata Banerjee.

The Times of India

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UK border official and former Hong Kong cop convicted of assisting Chinese spy agency in Britain

A U.K. border official and a former Hong Kong police officer have been convicted of assisting China’s spy agency by conducting “shadow” policing operations in Britain

The Independent UK

Iran war has shown the limits of US power

In his 1873 book On War, the great Prussian military strategist Carl von Clausewitz wrote that: “War is the realm of uncertainty.” He would have been at home in Washington this week where Clausewitz’s “fog of war” appears to have descended on the White House, at times obscuring reality.

The Conversation

Grain Market Update: Are Iran Ceasefire Rumors Creating a Commodity Trap

Darin Newsom suggests that recent commodity market declines are driven by speculative liquidation and false headlines regarding a ceasefire in Iran, though he anticipates a rally next week fueled by renewed geopolitical tensions and optimism surrounding the upcoming China Summit.

Barchart

BA Stock Alert: What to Expect as Boeing CEO Joins Trump on China Trip

Boeing CEO Kelly Ortberg will reportedly join President Donald Trump on his upcoming diplomatic visit to China. Here’s what this news really means for BA shares.

Barchart

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Two men first in British history to be found guilty of spying for China

Chi Leung Wai and Chung Biu Yuen convicted over surveillance of dissidents in ‘shadow policing’ operation

The Guardian - UK

Border official and ex-Hong Kong chief guilty of spying for China

Peter Wai, 40, and Bill Yuen, 65, conducted ‘shadow policing’ operations on Hong Kong pro-democracy protesters living in the UK.

Evening Standard

Two men guilty of spying for China in the UK

IN FULL

The Independent UK

Chinese ambassador summoned after two men found guilty of ‘shadow policing’ operations on British soil

The duo’s targets included pro-democracy protesters and Hong Kong dissidents

The Independent UK

Border Force official among two men guilty of 'shadow policing' for China on British soil

Dual Chinese-British nationals Peter Wai, 38, and Bill Yuen, 65, were convicted of assisting a foreign intelligence service

Evening Standard

44 Science And Technology News That Might Make You Fear For The Future

What once belonged purely to science fiction is steadily becoming part of everyday life. From automation to advanced tech concepts, people online are constantly discussing what the next few years could bring. This collection gathers some of the most interesting posts about the future and where things may be headed.

Bored Panda

Can Europe stand up to China on trade?

Trade relations between the two economic superpowers have soured in recent weeks as Beijing has attacked EU plans to cut its reliance on China for key goods, services and resources.

Euronews

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The Independent UK

China may try ‘manoeuvring’ over Taiwan issue during Trump-Xi summit, Taipei official says

Donald Trump is heading to China for a highly-anticipated bilateral summit with Xi Jinping, a year after entering a tariff war with Beijing

The Conversation

China’s ability to weather Trump’s trade war was two decades in the making

As Xi Jinping prepares to host Donald Trump for a delayed summit in Beijing on May 14-15, a lot has changed since the US president’s last visit to China in November 2017. Trump’s first trade war with China began in earnest the following year, ushering in a new era of…

The Times of India

China sentences former defence ministers to death in sweeping military graft purge

China has handed down death sentences with a two-year reprieve to former defence ministers Wei Fenghe and Li Shangfu for corruption. This significant development is part of President Xi Jinping's extensive anti-graft campaign targeting the military and political elite. Both officials were found guilty of graft-related offenses, with Li Shangfu…

The Economic Times

What's at stake at the Trump-Xi summit

President Donald Trump will meet President Xi Jinping in Beijing next week. The leaders aim to ease tensions over trade, Taiwan, and the Iran war. Discussions will cover trade deals, technology, and rare earths. The Iran conflict and Taiwan's status are also key agenda items. Minor trade agreements are anticipated.

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Caixin Global

Energy Insider (May 7): China Launches First Green Electricity Project for Computing

Qinghai and Fujian provinces launch first cross-provincial green power trade, Geely’s core profit rises on export boom

The Economic Times

AI boom keeping markets elevated despite geopolitical noise: Mark Matthews

Financial markets are increasingly prioritizing artificial intelligence-driven growth and corporate earnings over geopolitical tensions, according to Mark Matthews. He highlights extraordinary earnings, particularly in tech, fueling market highs despite Middle East uncertainty. Matthews also sees India as attractive due to improving valuations and continued FII buying.

The Independent UK

Paraguay’s president visits Taiwan as pressure from China grows

Paraguay’s President Santiago Peña arrives in Taiwan on his first visit to the self-ruled island

The Times of India

This ancient Chinese megacity hides mysterious underground tunnels buried for over 4,000 years

A huge ancient stone city buried for thousands of years in northern China has just become even more mysterious. Archaeologists working at the Houchengzui Stone City in Inner Mongolia have uncovered a hidden underground tunnel network dating back roughly 4,300 to 4,500 years.

The Economic Times

US fires on Iranian oil tanker amid talks

Iran war news: America fired on an Iranian oil tanker in the Gulf of Oman. President Trump is pressuring Tehran for a deal to end the war. Israel also struck Beirut's southern suburbs. The conflict has disrupted oil and gas shipments. Iran is reviewing American proposals for a potential agreement.…

The Independent UK

He's accused of running a Chinese spy outpost. His lawyer says it was a place to play ping-pong

U_S_ prosecutors say a plain glass-clad building in Manhattan's Chinatown neighborhood was a secret Chinese spy outpost, with orders to silence, harass and intimidate pro-democracy dissidents in the U_S_ It had a banner inside that said: “Fuzhou Police Overseas Service Station, New York USA.”

The Independent UK

Voices: China has a chance to help the US and Iran find an off-ramp

THE INDEPENDENT VIEW: Editorial: Washington and Tehran would both like to find a way out of this war – and Xi Jinping can do much to push the latter in that direction

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