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The Latest Breaking News from China

Great Powers Don’t Default

The dangers of debt-ceiling brinkmanship.

Foreign Affairs

The Bad Advice Plaguing Beijing’s Foreign Policy

How China’s bureaucracy guides its leaders into error.

Foreign Affairs

Myanmar's neighbours, some Asean members hold secretive talks on crisis

Government and think-tank representatives from Myanmar and its neighbours, including India and China, held talks in New Delhi on Tuesday as part of a secretive effort to de-escalate a bloody crisis in Thailand's army-run neighbour, two sources said.

Bangkok Post

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Jobless young Chinese seek solace in temples, tale of failed scholar

Queues stretch hundreds of metres around temples in China on weekends, as despondent young worshippers pray to find jobs in an economy slowly clawing its way back from the coronavirus pandemic.

Reuters

Fugees' rapper Pras Michel convicted in foreign influence case

Pras Michel has been convicted in a federal court in Washington, D.C., on 10 counts related to charges that include conspiracy, witness tampering and failing to register as an agent of China.

WEKU

Surging India market presents opportunities

With India overtaking China as the most populous country, tourism operators see an opportunity for Thailand, especially among the young generation and the Mice (meetings, incentives, conferences and exhibitions) segment.

Bangkok Post

US President Joe Biden to visit Papua New Guinea on his way to Australia

On his way to Australia for the Quad meeting in Sydney next month, United States President Joe Biden could make a historic visit to Port Moresby as the US intensifies its diplomatic push across the Pacific.

ABC News

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Fugees rapper convicted in US over lobbying campaigns with Malaysian financier

A jury on Wednesday convicted Grammy Award-winning rapper Prakazrel "Pras" Michel of The Fugees hip hop group on criminal charges that he conspired with a Malaysian financier to orchestrate a series of foreign lobbying campaigns aimed at influencing the U.S. government under two presidents.

Reuters

China compromises to push submarine engine sale to Thailand

Chinese authorities will accept three conditions regarding warranty, compensation and safety, if the Royal Thai Navy (RTN) chooses a Chinese-made engine as a substitute for a German-made one for a S26T Yuan-class submarine being assembled in China, Navy commander Adm Choengchai Chomchoengpaet says.

Bangkok Post

Banks eye yuan-baht trade payments

The Bank of Thailand is in discussions with China's central bank over supporting the use of yuan-baht settlement to mitigate foreign exchange risk amid ongoing US dollar volatility.

Bangkok Post

How Asia’s Hottest New App Was Sunk by Secret China Connections

Bondee was booming in January when users thought its developer was from Singapore. Then they found out about its roots.

Businessweek

China’s Xi vows to send envoy to Ukraine in first phone call with Volodymyr Zelensky since Russia invaded

President Zelensky described the one-hour call as ‘long and meaningful’

Evening Standard

ING Sues ICBC for $171 Million in Copper Deal Losses

Dutch banking giant alleges breach of contract by China’s largest bank in transactions involving copper trader Maike Metals

Caixin Global

Ya Ya the giant panda heading to China after 20 years in US

Ya Ya the giant panda has begun its trip to China from the Memphis Zoo, where it has spent the past 20 years as part of a loan agreement

The Independent UK

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Reuters

Chinese police query Bain's Shanghai office staff - company spokesperson

Chinese police have visited U.S. management consultancy Bain Company's office in Shanghai and questioned staff there, a company spokesperson said on Wednesday without elaborating.

ABC News

Electric vehicles 14 per cent of global new car sales, but less than 4 per cent in Australia: IEA

The latest snapshot of global EV uptake shows "explosive" growth in sales in China, Europe, the US and the UK, while Australia is at risk of being left behind.

Daily Mirror

Giant panda Ya Ya leaves Memphis Zoo to head home to China after 20 years

Ya Ya has called Memphis Zoo home for the last 20 years - but she's on her way back to China after the panda loan agreement ended and following the death of her mate, Le Le, in February

The Independent UK

Xi holds first call with Zelensky since Russia’s invasion – and promises delegation to Kyiv

Beijing is trying to bolster its claim to be a neutral peacemaker, but in reality, China’s president has provided plenty of diplomatic cover for Vladimir Putin

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The Independent UK

Ex-Harvard prof sentenced, fined for lying about China ties

A former Harvard University professor convicted of lying to federal investigators about his ties to a Chinese-run science recruitment program and failing to pay taxes on payments from a Chinese university was sentenced Wednesday to supervised release and ordered to pay more than $83,000 in restitution and fines

Al Jazeera

Zelenskyy and Xi hold first talks since Russian invasion

Ukrainian President Volodymyr Zelenskyy describes the talk with Chinese President Xi Jinping as ‘long and meaningful’.

The Independent UK

Chinese official’s attendance at coronation would be outrageous, Tory MPs say

The Chinese vice-president expected to attend oversaw Beijing’s crackdown on Hong Kong’s liberties.

InsideEVs

Honda CEO Says Chinese EV Makers Are Well Ahead, Vows To Fight Back

Toshihiro Mibe said the Chinese are ahead of Honda "even more than expected;" he warned that if Honda doesn't fight back, it will lose this competition.

Reuters

Ex-Harvard professor sentenced to 6 months house arrest for lying about China ties - media

A former Harvard University professor was sentenced on Wednesday to six months' house arrest for lying about his ties to a China-run recruitment program in one of the highest-profile cases to result from a crackdown on Chinese influence on U.S. research.

The Conversation

Western anger over China’s ambiguity on Ukraine cannot hide growing divisions in EU over support for Kyiv

Much like Washington’s stance on Taiwan, China’s position on the invasion of Ukraine has been one of “strategic ambiguity”. China has consistently emphasised the importance of sovereignty and territorial integrity while failing to condemn the invasion and reassuring Moscow of its “friendship without limits”.

Evening Standard

OPINION - Working days lost to sickness hit record high

When economists come to write the history of the first half of the 21st century, after combing through the Great Recession, the rise of China and the Covid-19 pandemic, I wonder how they’ll reflect on what is still, at least to us, the future of work. And specifically, worklessness.

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