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The Latest Breaking News from China

Bank of China chairman visits Papua New Guinea amid Sino-US strategic rivalry

Bank of China chairman Ge Haijiao has travelled to Papua New Guinea (PNG) as the world's fourth-largest bank seeks an operating licence in the Pacific Islands nation, which is seeking to boost China trade while expanding U.S. defence ties.

Reuters

Southern China swelters, power grids struggle under 'relentless' heatwaves

Heatwaves tormenting parts of southern and eastern China are set to persist through June, putting power grids under strain as air conditioners are turned on full blast at homes, offices and factories in mega-cities like Shanghai and Shenzhen.

Reuters

India opposition leader Rahul Gandhi takes a dig at Modi over China in US visit

Indian opposition leader Rahul Gandhi on Thursday criticized Prime Minister Narendra Modi's handling of relations with China, saying Beijing was "occupying our territory," while also taking a dig at the Hindu nationalist leader over the country's religious polarization.

Reuters

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The war in Ukraine is escalating and New Zealand will not escape the consequences

Russia’s war with Ukraine is now at a critical turning point. The relentless missile and drone strikes on the capital Kyiv may look like a sign of strength, but appearances can be deceiving.

The Conversation

As China cracks down on dissent, New York City gives refuge to exhibit remembering Tiananmen Square

As the annual celebration of the June 4, 1989, Tiananmen uprising approaches, a new exhibit is opening in New York City to remember the protests

The Independent UK

Foreign Minister Jaishankar calls on BRICS nations to demonstrate sincerity in reforming UNSC

The five-nation grouping BRICS (Brazil-Russia-India-China-South Africa) brings together five of the largest developing countries of the world.

The Hindu

New Tiananmen museum opens in New York ahead of June 4 anniversary

The hope for a "free China" lives on in a new Manhattan museum dedicated to China's 1989 suppression of pro-democracy demonstrations around Tiananmen Square, exhibit organizers said on Thursday ahead of the 34th anniversary of the crackdown.

Reuters

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Prime Minister Anthony Albanese arrives in Singapore to address peak regional security forum

Mr Albanese will give the keynote speech at the Shangri-La Dialogue in front of US Defense Secretary Lloyd Austin and China's Defence Minister Li Shangfu.

ABC News

China Southern Plans $2.47 Billion Share Placement

Airline plans to use most of the funds to pay for 50 new Airbus planes, part of a mega fleet expansion announced last July by three biggest state-owned carriers

Caixin Global

Marriott optimistic on revenue improvement in Asia

Marriott International expects to maintain positive revenue per available room (RevPar) for its properties in Asia, which has already exceeded levels posted in 2019.

Bangkok Post

Minor Hotels unveils plans to expand amid tourism boom

Minor Hotels plans to grow its portfolio to 600 properties in 59 countries with more than 91,000 rooms in 2025, driven by an optimistic outlook for the global tourism industry after Covid-19 infections eased.

Bangkok Post

Vivek Ramaswamy to call for end to US support for Ukraine and Nato exit from Eastern Europe

Republican 2024 hopeful is making his first foray into foreign policy since launching his campaign

The Independent UK

Biden says Sweden will 'soon' join NATO at U.S. Air Force address

U.S. President Joe Biden predicted on Thursday Sweden will join NATO "soon", speaking at the U.S. Air Force Academy days after he hinted at a possible deal to overcome Turkey's opposition to admitting the Nordic country to the alliance.

Reuters

Central Asian foreign policy multi-vectorism pays off

A multi-vectored foreign policy as far as the Central Asian nations are concerned should be viewed as the only optimum solution for a lasting peace in the region

The Hindu

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Barchart

Down 22% YTD, is Now a Good Time to Scoop up Shares of NIO?

NIO stock is down 88% from all-time highs and currently trades at a lower valuation compared to its peers. Can the China-based EV stock stage a successful comeback in the second half of 2023?

The Guardian - UK

Twitter and Tesla’s interests at odds in Elon Musk’s quiet China visit

The world’s richest person lapsed into an unusual silence on social media during his trip to the electric carmaker’s second largest market

The Hindu

China says its reporters in India ‘about to drop to zero’ amid mutual expulsions

The Chinese Foreign Ministry on Wednesday said it had taken the measures because “Chinese journalists have suffered unfair and discriminatory treatment in India.”

Reuters

Argentina's candidate wins vote to lead UN weather agency

Argentina's Celeste Saulo was appointed to head the U.N. weather agency on Thursday, a World Meteorological Organization (WMO) spokesperson said, beating three other candidates, including one from China.

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Barchart

Markets Today: Stocks Mixed as Debt Ceiling Bill Goes to the Senate

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.02%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.05%. U.S. stock index futures this morning are mixed. The broader market is finding support today on an easing of U.S. default concerns after the House...

The Independent UK

Russia, China foreign ministers set for BRICS meet in South Africa with war in Ukraine on agenda

The Russian and Chinese foreign ministers are set to meet with their counterparts from the BRICS economic bloc of developing nations in South Africa on Thursday

The Conversation

War in Ukraine might give the Chinese yuan the boost it needs to become a major global currency -- and be a serious contender against the US dollar

The Chinese economy’s sheer size and rapid growth are impressive.

Reuters

Taiwan donates $5 million towards rebuilding Ukraine with Lithuania

Taiwan has donated five million dollars towards Lithuanian-led reconstructions projects in Ukraine, a Lithuanian government investment agency said on Wednesday.

The Independent UK

Trial opens for 3 charged with aiding Chinese campaign to pressure expats into returning home

An American sleuth and two Chinese men are facing jurors in the first trial to come out of U.S. claims that China’s government has tried to harass, intimidate and arm-twist dissidents and others abroad into returning home

Newslaundry

Visas for journos: China says its journalists suffered ‘unfair treatment in India for a long time’

After Wall Street Journal reported on India and China denying visa renewals to each other’s journalists, the Chinese foreign ministry said Chinese journalists had “suffered unfair and discriminatory treatment in India for a long time”.

Reuters

China urges U.S. to stop official exchanges with Taiwan under guise of trade

(Corrects date to Thursday, not Monday)

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