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The Latest Breaking News from China

Markets Today: Stocks Slightly Higher as Debt Ceiling Negotiations Continue

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.10%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.04%. U.S. stock index futures this morning are slightly higher. M&A activity today is lifting the overall market after Chevron agreed to buy PDC Energy for...

Barchart

Chinese Big Tech Still Sits in the Party’s Sights

Given the CCP’s overriding priorities of rebuilding a strong domestic economy and maintaining robust supply chains against external threats, it is unlikely to embark on an extensive campaign like it did in 2020 and 2021 to rein in technology platforms.

The News Lens

Saurav Ghosal, Joshna Chinappa to lead Indian challenge in Squash World Cup

NEW DELHI: The prestigious Squash World Cup is set to take place in Chennai from June 13 to 17, as announced by the governing body of the sport in India on Monday. Seasoned pros Saurav Ghosal and Joshna Chinappa will spearhead the Indian challenge, aiming for success on their home…

The Times of India

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Stocks Set to Open Higher as Investors Await FOMC Minutes, U.S. Debt-Ceiling Talks in Focus

June S&P 500 futures (ESM23) are up +0.09%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.12% this morning as market participants continued to monitor U.S. debt-ceiling negotiations while awaiting the release of the Fed’s favorite inflation gauge and the minutes of the Federal Reserve’s latest policy meeting.

Barchart

China and Saudi Arabia boycott G20 meeting held by India in Kashmir

Indian presidency of group becomes mired in controversy as tourism session hosted in disputed territory

The Guardian - UK

Analysis-G7's nuanced pledge to 'de-risk' from China reflected concerns from Europe and Japan

The leaders of the Group of Seven (G7) rich democracies this weekend pledged to "de-risk" without "decoupling" from China, an approach that reflected European and Japanese concerns about pushing Beijing too hard, officials and experts said.

Reuters

China’s Post-Reopening Second Covid Wave Could Peak in Late June, Expert Says

Zhong Nanshan on Monday identified the omicron subvariant XBB as the cause behind the latest outbreak of infections

Caixin Global

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Seven bodies recovered after Chinese vessel capsized in Indian Ocean

Seven bodies were recovered from a Chinese fishing vessel that capsized in the central Indian Ocean, according to state media on Monday, days after China President Xi Jinping ordered an all-out search to rescue and recover missing crew members.

Reuters

Explained | What is the National Medical Devices Policy, 2023?

On April 26, the Union Cabinet approved the National Medical Devices Policy, 2023.Here are the various reasons why it is imporetant

The Hindu

Foreign Minister Penny Wong says prime minister won't visit China unless 'progress' is made

The foreign minister says more progress is needed before the prime minister goes to China.

ABC News

China bans US chipmaker Micron from vital infrastructure projects

Tensions over technology continue, after US ban on using TikTok on government phones

The Guardian - UK

Japan, China arranging defence ministers' meeting in June -Kyodo

Japan and China are making arrangements to hold a meeting between their defence ministers on the sidelines of an international conference in Singapore next month, Kyodo news agency said on Monday, citing unnamed sources.

Reuters

DR Congo leader to visit China this week, minerals trade deal signing expected

The president of minerals-rich Democratic Republic of Congo, Felix Tshisekedi, will visit China from May 24 to 29 and is expected to meet President Xi Jinping to review and sign several key trade deals.

Reuters

Stocks Set to Open Lower as Investors Await FOMC Minutes, U.S. Debt-Ceiling Talks in Focus

June S&P 500 futures (ESM23) are down -0.03%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.14% this morning as market participants continued to monitor U.S. debt-ceiling negotiations while awaiting the release of the Fed’s favorite inflation gauge and the minutes of the Federal Reserve’s latest policy meeting.

Barchart

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news in one place.

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Barchart

Stocks Set to Open Mixed as Investors Await FOMC Minutes, U.S. Debt-Ceiling Talks in Focus

June S&P 500 futures (ESM23) are down -0.03%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.01% this morning as market participants continued to monitor U.S. debt-ceiling negotiations while awaiting the release of the Fed’s favorite inflation gauge and the minutes of the Federal Reserve’s latest policy meeting.

The Guardian - UK

US and Papua New Guinea sign pact amid Pacific militarisation concerns

Concerns security deal could leave Papua New Guinea stuck between increasingly hostile US and China

The Guardian - UK

First Thing: US debt ceiling talks ‘productive’ as Biden and McCarthy to meet

Sunday night phone call between president and Republican House speaker reported to have struck a more positive tone. Plus, how solar farms took over the California desert

Al Jazeera

Beijing summons Japanese envoy over ‘anti-China’ G7 summit

Chinese foreign ministry says Japan’s actions were detrimental to China’s sovereignty and security.

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news in one place.

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Al Jazeera

Iran’s security chief Shamkhani replaced after almost 10 years

Shamkhani was the second-longest-serving security chief since the 1979 revolution.

Al Jazeera

China bars operators from buying chips from US tech firm Micron

China bans US chipmaker Micron days after the G7 members launched veiled criticism of China’s trade practices.

Al Jazeera

India hosts G20 tourism meet in Kashmir under heavy security

It is the first diplomatic event since 2019 when New Delhi revoked region’s limited autonomy and took direct control.

The Independent UK

Beijing calls Britain US ‘vassal’ and threatens ‘damage’ to UK-China ties after Sunak’s G7 comments

Chinese embassy in UK asks British government to cease ‘always dancing to the tune of the US’

Reuters

China urges U.S. to meet it halfway, bring ties back on track

China's foreign ministry on Monday urged the United States to have the right understanding of China, meet it halfway and bring bilateral relations back on track.

The Guardian - UK

Micron shares drop after China bars its chips; UK house asking prices jump – as it happened

Micron products will be banned from key infrastructure projects in China due to ‘serious network security risks’

The Independent UK

G20 officials arrive in disputed Kashmir as India largely puts region's intense security out of view

Delegates from the Group of 20 nations have arrived in Indian-controlled Kashmir to participate in a tourism meeting condemned by China and Pakistan

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