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The Latest Breaking News from China

First Thing: Biden ratchets up efforts to secure Sweden’s Nato membership

Work to persuade Turkey to drop its objections continues, as president meets Sweden’s prime minister at White House. Plus, five ways AI could improve the world

The Guardian - UK

Trump’s Former Security Adviser Warns About China’s Potential Cuba Military Base

It could camouflage offensive weapons along with many other risks…. We should not stand idly by, says John Bolton.

Zenger

US Treasury Secretary Janet Yellen visits China as part of efforts to sooth strained relations

Treasury Secretary Janet Yellen has arrived in Beijing for meetings with Chinese leaders as part of efforts to revive relations that are strained by disputes about security, technology and other irritants

The Independent UK

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Stock Index Futures Slip as Hawkish FOMC Minutes Weigh on Sentiment, Economic Data in Focus

September S&P 500 futures (ESU23) are down -0.40%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.42% this morning after three major U.S. benchmark indices ended the regular session lower as the minutes of the Federal Reserve’s June meeting presented a hawkish outlook, while investors braced for a new…

Barchart

US treasury secretary lands in Beijing in visit aimed at calming tensions

Janet Yellen expected to emphasise need for cooperation between two superpowers to tackle global threats

The Guardian - UK

Visit by Solomon Islands leader to Beijing underscores rising China-US rivalry in South Pacific

The leader of the Solomon Islands will visit China next week, highlighting the accelerating contest between Beijing and Washington for influence in the South Pacific

The Independent UK

Why F1 remains miles away from "perfect calendar"

As China returns to the calendar after years of COVID-related delays, F1 finally has achieved its record-breaking 24-race schedule, the maximum currently allowed under F1 and the FIA's commercial agreements.

Motorsport

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Shanghai Composite Index Fell 0.54% on Thursday

Shenzhen Component Index closed down 0.55%

Caixin Global

China says 239 people died from COVID-19 in June in a significant uptick

China says 239 people died from COVID-19 in June in a significant uptick months after it lifted most containment measures

The Independent UK

Russian frigates arrive in China in sign of ‘close cooperation’

The Gromkiy and the Sovershenniy will take part in joint drills with the Chinese navy during a week in Shanghai.

Al Jazeera

SA premier to urge easing of trade blocks on China trip

Peter Malinauskas will call for an easing of trade restrictions on wine, lobster and barley when the SA premier leads a business delegation to China.

AAP

China leads race to become world's top cashless society, says British expert

LONDON: China is on track to becoming the world's top country for cash-free transactions, Kent Matthews, professor of banking and finance at Cardiff University told Xinhua recently in an exclusive interview.

Bangkok Post

Moderna signs deal to make mRNA vaccines for Chinese market

Moderna Inc. will push toward producing messenger RNA vaccines for China, seeking a foothold in the world’s second-largest pharmaceutical market even as geopolitical tensions rise.

Tribune News Service

‘Shared status’ fuels closer Taiwan and Somaliland partnership

The two territories are stepping up cooperation as conflict and election delays cool Western optimism about Somaliland.

Al Jazeera

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The Conversation

Why Indonesia wants Australia's help to supply the world with electric vehicles and batteries

Australia and Indonesia are forging closer economic ties built on what each country can offer the other in the transition to clean energy. Indonesia is emerging as a maker of electric vehicles and the batteries that power them. Australia has the lithium reserves Indonesia needs to do this.

Miami Herald

China has had a spy base in Cuba for decades, former intelligence officer says

China’s espionage efforts in Cuba targeting the United States are not recent and date back at least three decades, a retired army counterintelligence agent has told the Miami Herald.

Bangkok Post

Tracing ancestry

With Thailand serving as a significant commercial hub for centuries, Chinese merchants played a key role in bridging cultural linkages through marine trade prior to the establishment of diplomatic ties between Thailand and China in 1975. To celebrate the 48th anniversary of this milestone, Life explores Bangkok's early communities to…

The Guardian - US

China accused of scores of abuses linked to ‘green mineral’ mining

Watchdog identifies 102 violations over past two years as country extracts ‘transition minerals’ for green-energy technology

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Zenger

China’s Restrictions On Semiconductor Metals, Biden’s Cloud Computing Ban: Which Companies Are In The Line Of Fire?

The soft war going on between the U

Reason

'I Owe Freedom My Life': Jimmy Lai Is Imprisoned for Criticizing the Chinese Government

Lai's media company covered the Communist government's abuses when other Hong Kong media wouldn't.

Barchart

Stocks Fall and Bond Yields Rise on Hawkish FOMC Meeting Minutes

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.20%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.03%. Stock indexes Wednesday settled with modest losses. The broader...

Tom’s Hardware

Update: ASML Denies Report it Was Working on China-Specific Lithography Tools

ASML was reportedly considering releasing a cut-down version of its Twinscan NXT:1980Di, for China. However, the company denies earlier reports to this effect.

Zenger

US Set To Restrict China’s Access To Cloud Computing Services From Amazon, Microsoft

China's access to the Microsft and Amazon will be limited as the U.S. see Chinese techologies as national security concerns.

Barchart

EV Stocks: How High Can XPeng Motors Stock Climb?

Up 50% year to date, how high can XPeng Motors stock continue to rise?

WEKU

Janet Yellen heads to China, seeking to ease tensions between the two economic powers

Treasury Secretary Janet Yellen is on her way to Beijing for talks with her Chinese counterparts. The meeting comes at a tense time, with tit-for-tat trade restrictions and rising strategic frictions.

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