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The Latest Breaking News from China

Did NASA Just Enter A New Space Race? A Space Policy Expert Says It Would Be a Mistake

Space policy expert Ian Christensen says the U.S. is gearing up for a new “space race,” what exactly is at stake, and how it’s likely to play out.

Inverse

China, Russia and other emerging economies turn to main summit agenda in South Africa

Leaders of some of the developing world’s most important economies are turning to the main business of their summit in South Africa after a speech by Russian President Vladimir Putin gave the gathering an anti-Western tinge

The Independent UK

Philippines supplies grounded South China Sea ship despite China threats

Philippine Coast Guard says Chinese vessels continue to ‘block, harass and interfere’ with its supply ships.

Al Jazeera

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Xi Jinping skips speech defending China economy at BRICS business forum

JOHANNESBURG: President Xi Jinping failed to attend a business forum in South Africa where he was expected to deliver a speech defending China’s economy and its support for emerging markets, as fears mount that the Asian nation’s struggles could cause global turbulence.

The Times of India

Shanghai Composite Index Fell 1.34% on Wednesday

Shenzhen Component Index closed down 2.14%

Caixin Global

Sri Lanka ‘processing’ China's request for research ship docking that may raise security concerns in India

Sri Lanka is processing a Chinese request to dock a research vessel in October. India had raised security concerns after a similar visit by a Chinese spy vessel last year. The vessel is expected to undertake research with NARA and is one of many Chinese vessels to visit the country.…

The Hindu

Chinese coast guard blocks Philippine vessels near disputed shoal but two supply boats breach cordon

As a US Navy plane circled, two Philippine boats breached a Chinese coast guard blockade in a confrontation in the South China Sea to deliver food and other supplies to Filipino forces guarding a contested shoal

The Independent UK

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China’s economic model is faltering – does it have the political will to fix it?

The country’s property crisis is causing damage that requires Xi to make liberal or market reforms

The Guardian - UK

Wednesday briefing: Fukushima nuclear plant is set to flush tonnes of water into the sea – but is it safe?

In today’s newsletter: Japan’s decision to release radioactive water from the tsunami-hit power plant has divided groups – is it entirely safe or staggeringly stupid?

The Guardian - UK

US commerce secretary meets China envoy before trip to stabilise ties

Gina Raimondo’s August 27-30 trip is latest effort by the Biden administration to cool US-China tensions.

Al Jazeera

Rumours swirl after Xi Jinping fails to give key Brics speech

Xi was due to address high profile forum in South Africa, but instead his speech was read out by his commerce minister

The Guardian - AU

Taiwan's president renews her pledge to stronger self defense during visit to war memorial

Taiwan’s President Tsai Ing-wen has renewed her pledge to strengthen Taiwan’s self-defense as she visited a war memorial from the last time Taiwan and China battled

The Independent UK

Chinese-backed port project in Peru to be the 'gateway from South America to Asia,' official says

Dozens of cranes lift blocks weighing several tons and drop them to compact the soil of a roughly one-square-mile area on Peru’s Pacific coast, part of China’s most ambitious port project in Latin America designed to facilitate trade between the regions

The Independent UK

Russia has declared a new space race, hoping to join forces with China. Here's why that's unlikely

This week, the Russian space agency Roscosmos had hoped to return to the Moon after an absence of nearly 50 years. Instead, on Saturday it lost control of its Luna-25 lander. The agency explained the spacecraft “switched to an off-design orbit and ceased to exist as a result of a…

The Conversation

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The Conversation

The defence dilemma facing NZ's next government: stay independent or join 'pillar 2' of AUKUS?

Strategy, as the great military thinker Carl von Clausewitz once observed, is the process of effectively applying means to achieve clearly defined ends. But good strategy in global politics has proved easier said than done.

Al Jazeera

US imposes new China visa curbs over alleged ‘forced assimilation’ in Tibet

Experts have said about 1 million Tibetan children were being separated from their families at state boarding schools.

Al Jazeera

‘Hegemonism not in China’s DNA’: Xi calls for BRICS expansion

Xi says China seeks a more just and equitable international order, rejects ‘bloc confrontation’.

The Guardian - AU

Warnings of scientific ‘suicide’ as US-China research collaboration hangs in balance

Some US legislators want the US-China Science and Technology Agreement, renewed every five years since 1979, to be allowed to expire this month

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The Canberra Times

Australia to use G20 to push India, EU trade deals and charm China

Assistant Trade Minister Tim Ayres will seize the chance to rub elbows with his counterparts on the sidelines of the global economic forum.

Barchart

Crude Closes Lower on Increased Iranian Crude Exports

September WTI crude oil (CLU23 ) on Tuesday closed down -0.37 (-0.46%), and Sep RBOB gasoline (RBU23 ) closed up +1.65 (+0.60%). Crude oil and gasoline prices Tuesday settled mixed. Bearish factors included a stronger dollar and an increase in Iranian crude exports. In addition, weakness in China's economy, the...

Space

China launches Gaofen Earth-observation satellite (video)

China added to its fleet of Earth-observation satellites with a new launch on Sunday (Aug. 20), sending a Gaofen 12 spacecraft to orbit.

The Guardian - US

Putin says Brics should become trading bloc representing ‘global majority’

Russian president addresses group at South Africa summit, blaming western sanctions for causing volatility in global markets

Newsroom.co.nz

Exporters bullish on Chinese economic woes

China's meteoric growth may be coming to an end, but opportunity apparently still remains, reports Andrew Bevin

Sports Illustrated

NBA Issues Maximum Fine to James Harden for Comments About Daryl Morey

The guard recently called Philadelphia’s president of basketball operations a “liar” in China.

Barchart

Crude Slightly Lower on Increase in Iranian Exports

September WTI crude oil (CLU23 ) this morning is down -0.18 (-0.22%), and Sep RBOB gasoline (RBU23 ) is up +1.57 (+0.57%). Crude oil and gasoline prices this morning are mixed. Bearish factors include a stronger dollar and an increase in Iranian crude exports. In addition, weakness in China's economy,...

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