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The Latest Breaking News from China

Australia strikes pact with UK on minerals, rare earths

Making a move to break China's stranglehold, Australia and the United Kingdom have pledged to boost the supply of critical minerals to power a cleaner world.

AAP

Asia set for strong growth after China’s opening, ADB says

Manila-based development bank estimates region will grow by 4.8 percent in 2023 and 2024, up from 4.2 percent last year.

Al Jazeera

Iran Vice President: Raisi Accepts Invitation to Visit Saudi Arabia

Iranian Vice President Mohammad Mokhber revealed that President Ebrahim Raisi has accepted an invitation to visit Saudi Arabia. He made the announcement hours after Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah and his Iranian counterpart Hossein Amir-Abdollahian held telephone talks on Sunday. The FMs discussed the future steps…

Asharq Al-Awsat

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Malaysia says Beijing concerned about its energy projects in South China Sea

Malaysian Prime Minister Anwar Ibrahim on Tuesday said Beijing has expressed concerns about energy activities by Malaysian state firm Petronas in the South China Sea, even though Kuala Lumpur believes the projects are in its territory.

Reuters

China warns US House Speaker not to meet Taiwan president

China warned U.S. House Speaker Kevin McCarthy on Tuesday not to "repeat disastrous past mistakes" by meeting Taiwan President Tsai Ing-wen, saying it would not help regional peace and stability, only unite the Chinese people against a common enemy.

Reuters

AUKUS needs to pool tech resources as US edge erodes -Australian intelligence chief

The U.S. technological edge is eroding, an Australian intelligence chief said on Tuesday, as a Sydney conference was told the AUKUS alliance of Australia, Britain and the United States must collaborate on quantum and hypersonic technology to compete with China.

Reuters

Japan weighs bomb-shelter bill with eye on China, North Korea

TOKYO — With tensions around Taiwan rising and North Korea firing missiles at a blistering pace, lawmakers in neighboring Japan are pushing for a rollout of shelters where its residents can take refuge in the event of an attack.

Tribune News Service

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Analysis-China's intensifying nuclear-armed submarine patrols add complexity for U.S., allies

China is for the first time keeping at least one nuclear-armed ballistic missile submarine constantly at sea, according to a Pentagon report - adding pressure on the United States and its allies as they try to counter Beijing's growing military.

Reuters

Australia, China officials meet over trade sanctions

A round of trade talks is being held between Australian and Chinese officials as Canberra works to ease diplomatic tensions with Beijing.

The New Daily

ADB forecasts China, India to power strong growth in '23

The Asian Development Bank says China's recovery from the pandemic and strong demand in India will drive strong economic growth in Asia this year

The Independent UK

Why was TikTok banned on government devices? An expert on why the security concerns make sense

Australia has joined a raft of other countries in banning the popular video sharing app TikTok from government devices, as several outlets have today reported.

The Conversation

Russia's Lavrov: West trying to drive a wedge between Moscow, Beijing

The West is trying to drive a wedge between Russia and China by talking about their unequal relations and Moscow's dependence on Beijing, Russia Foreign Minister Sergei Lavrov said in an interview published on Tuesday.

Reuters

Letting the Chips Fall

Episode 451 of the Cyberlaw Podcast

Reason

Belize, Guatemala reaffirm Taiwan ties during Tsai visit

Belize has reaffirmed its diplomatic ties with Taiwan, the second country to do so in a week as Taiwanese President Tsai Ing-wen travels across Central America in an effort to shore up a dwindling number of allies

The Independent UK

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The Guardian - AU

‘Not about the highest bidder’: the countries defying China to stick with Taiwan

Taipei’s 13 allies cite differing reasons for choosing it over China as Beijing intensifies efforts to diplomatically isolate the island

ABC News

TikTok to be banned from Australian government devices

The federal government will ban TikTok on government devices following fears the app's security is compromised, and the platform could be used for foreign interference by China.

Bangkok Post

Eastspring looks to China, Asia and US

Eastspring Asset Management (Thailand) is to prioritise its investments in China, the rest of Asia and the US in the second quarter, with a focus on tech and high-growth stocks that would continue the growth from the first quarter.

Bangkok Post

TAT downplays China woes

The Tourism Authority (TAT) has played down concerns about monopolised foreign tourism businesses and zero-dollar tours, as long as strict law enforcement and collaboration with Beijing continues, while Thailand is targeting high-value tourists over volume.

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Reuters

Belize reaffirms ties with Taipei as Taiwanese president visits

The prime minister of Belize gave Taiwanese President Tsai Ing-wen a welcome diplomatic boost during her visit on Monday, underlining his nation's support for Taiwan after rival China gained a new regional ally last month.

The Japan News/Yomiuri

China urges Japan not to join U.S. 'encirclement'

BEIJING -- Chinese Foreign Minister Qin Gang has called on Japan, with which China will mark the 45th anniversary this year of the signing of their treaty of peace and friendship, to eliminate "obstacles" and move their bilateral relationship forward.

The Japan News/Yomiuri

Govt seeking multiple visits by Japan, China leaders

BEIJING -- Japan and China made no clear progress Sunday in talks between Foreign Minister Yoshimasa Hayashi and his Chinese counterpart, Qin Gang. Nevertheless, the two foreign chiefs agreed on the need to continue dialogue with the aim of improving bilateral ties.

The Conversation

Australia's main iron ore exports may not work with green steelmaking. Here's what we must do to prepare

Making steel was responsible for about 7% of global greenhouse gas emissions in 2020. That’s because steelmakers in countries like China, Japan and South Korea have long relied on fossil fuels like coal to make steel in blast furnaces.

Caixin Global

Yangzijiang Shipbuilding Buys Singapore Office Tower for $300 Million

China’s largest private shipbuilder sees all-cash investment as an inflation hedge as Vietnam’s Van Thinh Phat Holdings sells at a loss amid allegations of bond fraud

Barchart

Crude Prices Settle Sharply Higher after OPEC+ Cuts Production

May WTI crude oil (CLK23 ) on Monday closed up +4.75 (+6.28%), and May RBOB gasoline (RBJ23 ) closed up +7.65 (+2.85%). Crude oil and gasoline prices Monday rallied sharply, with crude posting a 2-1/4 month high and gasoline posting a 5-1/4 month high. The main bullish factor was the...

ABC News

International students resorting to pitching tents in living rooms as rental shortage bites

When Zoe Jiang was at home in China, packing her bags to stay in Sydney, she did not think to bring an item that would prove essential — a tent.

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