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The Latest Breaking News from China

Lawsuit against fast fashion retailer Shein claims RICO violations

China’s fast fashion retailer Shein is facing a lawsuit that claims the clothing maker’s copyright infringement is so aggressive, it amounts to racketeering

The Independent UK

India’s third moon mission lifts off as space race intensifies

India launched an uncrewed mission to the lunar surface, joining the U.S., China and others in a new moon race.

Tribune News Service

Pakistan’s Prime Minister Sharif launches $3.5 billion Chinese-designed nuclear energy project

Pakistan’s Prime Minister Shehbaz Sharif has launched the construction of a 1,200-megawatt Chinese-designed nuclear energy project

The Independent UK

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Markets Today: Stocks Push Higher as Positive Q2 Bank Earnings Roll In

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.17% at a 15-month high, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +0.06%. U.S. stock index futures this morning are moving higher as Q2 corporate earnings results begin to roll in. Strength in bank...

Barchart

Nio CEO Slams US Protectionism, Wants Equal Access For Chinese EVs

William Li questioned why Chinese companies are facing hurdles selling their EVs in US, arguing that carmakers should not be involved in political tensions.

InsideEVs

U.S. and China’s Top Diplomats Meet in Indonesia

Wang Yi, director of the party Central Committee’s foreign affairs office, says meeting with U.S. Secretary of State Antony Blinken was ‘an important step’ toward repairing ties

Caixin Global

China accuses US of militarizing space following protest over Navy plane's Taiwan Strait transit

China is accusing the United States of militarizing outer space, a day after it protested the passage of a Navy P-8A Poseidon anti-submarine aircraft through the Taiwan Strait

The Independent UK

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Analysis | India stakes its G20 legacy on Global South imprint

G20 negotiators led by Indian Sherpa Amitabh Kant continue discussions on draft “Leader’s Declaration” for Summit in Sept. India pushing for AU membership to expand Global South's imprint in G20, diverting attention from Ukraine war. G-7 countries adamant to include war in Ukraine in G20 document, while Russia and China…

The Hindu

China criticizes German call for reducing dependency on Chinese products as 'protectionism'

China has criticized a German government call for reducing dependency on Chinese products as a form of protectionism

The Independent UK

China Plans to Boost Researcher Salaries in Areas Aligned With National Innovation Goals

The world’s second-largest economy is striving for greater self-sufficiency, especially in certain core industries, such as semiconductors, amid growing geopolitical concerns

Caixin Global

Who are the threats to the Lionesses at the Women’s World Cup?

Group D preview: Sarina Wiegman’s side will face Denmark, China and Haiti as they go in search of World Cup glory

The Independent UK

Rivalries on show as SE Asia hosts annual security talks

JAKARTA: Foreign ministers of two dozen countries met in Indonesia on Friday with US.-China rivalry, the war in Ukraine and North Korean missiles set to dominate talks at Southeast Asia's annual security gathering.

Bangkok Post

Blinken meets Wang Yi in Indonesia. But the region remains wary of the US-China rivalry

U.S. Secretary of State Antony Blinken has met China’s top diplomat to discuss thorny issues as part of efforts to nurture talks on the sidelines of regional diplomatic meetings in Indonesia

The Independent UK

India launches a lander and rover to explore the moon's south pole

A successful landing by the spacecraft would make India the fourth country — after the U.S., the Soviet Union, and China — to achieve the feat.

WEKU

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The Guardian - UK

London losing out to Paris and Milan over tourist shopping, says Burberry

British brand’s sales jump by 18% year on year on back of post-Covid bounceback in China

WEKU

The leader of the Solomon Islands visited Beijing. Here is why that's important

A pact on police cooperation is just one of several deals signed by Prime Minister Manasseh Sogavare this week during a trip to Beijing meant to upgrade the relationship between the two countries.

Caixin Global

Shanghai Composite Index Ended Nearly Flat on Friday

Shenzhen Component Index closed down 0.14%

The Independent UK

US military chief praises Japan's defense funding boost as a buttress against China and North Korea

The highest-ranking U.S. military officer is praising Japan's moves to double its defense spending over the next five years, citing rising threats from North Korea and China

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news in one place.

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The Guardian - AU

Afternoon Update: cautious welcome for new RBA governor; Peter van Onselen loses case; and watch Fran Drescher’s fiery Hollywood strike speech

Labor hails appointment of first female Reserve Bank boss as ‘historic moment for Australia’

Bangkok Post

Oil Prices Predicted to Recover Amidst Global Economic Rebound

The average price of ICE Brent crude oil in the second quarter of 2023 (April 1 - June 30, 2023) remained stable at $77.75 per barrel, indicating tighter supply in the market compared to the previous quarter. Following the OPEC and its allies (OPEC+) meeting on April 3, 2023, a…

The Guardian - AU

EU lifts Japan food import rules, weeks before nuclear wastewater to be pumped into ocean

Other countries, including China, have threatened to further restrict Japanese imports if the Fukushima wastewater discharge goes ahead

The Independent UK

Chandrayaan-3: What to expect from India’s mission to Moon’s south pole

Successful mission would make India only fourth country after US, Russia, and China to have landed a rover on Moon

The Guardian - AU

Solomon Islands denies policing deal with China poses ‘threat’ to Pacific security

Statement comes after US, Australia and New Zealand expressed concerns about new agreement with Beijing

Caixin Global

Weekly Must-Read: China Looks to Saudi Arabia Amid Shifting Sands in U.S. Economic Ties

A recent flurry of political and business exchanges represents Beijing’s highest-level diplomatic engagement with Arab nations since the founding of the People’s Republic of China

Bangkok Post

Record-breaking heat bakes US, Europe, China

WASHINGTON: Summer has just begun in the Northern Hemisphere but a brutal heat wave is already gripping parts of Europe, China and the United States, where record temperatures expected this weekend are a stark illustration of the dangers of a warming climate.

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