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The Latest Breaking News from China

Oil Extends Losses as Weak Demand Outlook Lingers

Oil prices fell on Tuesday as bleak economic data from top crude buyer China renewed fears of a global recession. Brent crude futures fell $1.21, or 1.3%, to $93.89 a barrel by 0635 GMT. WTI crude futures dipped 84 cents, or 0.9%, to $88.57 a barrel.

Asharq Al-Awsat

Asian shares mostly higher, echoing Wall Street rebound

Asian shares are mostly rising after a rebound on Wall Street, despite regional investor risks reflected in negative economic data out of China

The Independent UK

China sets sanctions on Taiwan figures to punish US, island

China is imposing visa bans and other sanctions on Taiwanese political figures as it raises pressure on the island and the U.S. in response to successive congressional visits

The Independent UK

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Ford Fusion Active Spied Testing Alongside China’s 2023 Edge, Maybe

It seems we're looking at two different SUVs.

Motor1

China sanctions Taiwan officials and stages new military drills after US lawmakers’ Taipei visit

Beijing carries out ‘combat drills’ and acts against seven individuals for allegedly supporting Taiwan independence

The Guardian - UK

Chinese 'spy ship' docks in Sri Lanka despite India, US concerns

HAMBANTOTA, Sri Lanka: A Chinese research vessel docked at Sri Lanka's Chinese-run southern port of Hambantota on Tuesday despite concerns from India and the United States about its alleged spying activities.

Bangkok Post

China sanctions seven top Taiwanese officials after 2nd US Congressional delegation's visit to Taipei

BEIJING: China on Tuesday announced sanctions on seven "die-hard" pro-independence Taiwanese politicians and officials, including Taipei's representative to Washington, amid concerns over the increasing visits by foreign dignitaries to the self-ruled island claimed by Beijing.

The Times of India

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Chinese survey ship docks in Sri Lanka after diplomatic standoff

Yuan Wang 5 arrives in Sri Lanka’s Hambantota port after a delay amid reported concerns from India and the US.

Al Jazeera

What the Philippines Has at Stake in Taiwan

Politicians in the Philippines have called for a contingency plan for the evacuation of the estimated 200,000 overseas Filipino workers in Taiwan.

The News Lens

China patrols sea by Taiwan with newest attack subs carrying supersonic missiles

China has deployed Type-039C Yuans, its newest attack submarines carrying supersonic missiles, in the sea around Taiwan during military exercises following the visit of US House speaker Nancy Pelosi

Daily Mirror

AP News Digest 3 am

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan at https://newsroom.ap.org.

The Independent UK

Chinese research ship docks in Sri Lanka after postponement

A Chinese scientific research ship whose port call was earlier deferred due to apparent security concerns raised by India arrived at Tuesday a southern port in Sri Lanka

The Independent UK

Alibaba Muted But Hong Kong Stocks Overall Show Momentum, Looking Past Weak China Economic Data

Hong Kong’s benchmark index Hang Seng index opened in the green on Tuesday, gaining 0.34%, seemingly moving past concerns related to underwhelming economic data reported a day earlier.

Benzinga

China imposes sanctions on seven Taiwan ‘secessionist’ officials

Beijing accuses the group of pushing independence for the island it claims as its own.

Al Jazeera

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Reuters

Taiwan accuses China of exaggeration with islands footage

Taiwan accused China of exaggeration on Tuesday after the Chinese military published footage of the strategically located Penghu islands, where there is a major Taiwanese air base, saying it was not true Chinese forces had come near the islands.

Reuters

China sanctions seven Taiwanese 'independence diehard' officials

China on Tuesday imposed sanctions including an entry ban on seven Taiwanese officials and lawmakers it accused of being "independence diehards", drawing condemnation from the democratically governed island.

ABC News

China stages more military drills near Taiwan as US political delegates visit

China announces more military drills around Taiwan as the self-governing island’s President meets with members of a new US congressional delegation.

Reuters

Australia, New Zealand say no issues with meat exports to China

Australia and New Zealand said on Tuesday they were aware of Chinese media reports of a ban on meat imports from both countries by Beijing but said they had not received any official notice and shipments had been clearing as normal.

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AAP

Don't suspend beef imports, PM tells China

Anthony Albanese has called on China to remove sanctions against Australian products amid fears that Beijing will stop beef imports over disease concerns.

ABC News

ASX closes at 10-week high as BHP unveils record dividend, Tassal accepts $1.7b takeover bid

Australian shares have risen to their highest level in 10 weeks as BHP reports its second-highest profit ever, James Hardie lowers its profit forecasts due to surging inflation and Tassal accepts a $1.7 billion takeover bid from Canadian aquaculture company Cooke Inc.

The Independent UK

EXPLAINER: Why US lawmakers' Taiwan trips keep riling China

Taiwan is high on the summer travel list for U.S. members of Congress on their August recess this year

Bangkok Post

ROK-China relations face challenges

While United States House Speaker Nancy Pelosi has long departed South Korea for home, the news headlines generated by her journey continue unabated around the world.

The Hindu

Propaganda that there is no free expression in India not true: J&K L-G

Lieutenant Governor Manoj Sinha said in the past one year, 27 journalists were detained in the U.S., 51 in China and 25 in Turkey, but only seven in India

The Hindu

China silent on details of talks with Sri Lanka as its high-tech vessel set to dock at Hambantota port

The ship with facilities to track satellites and intercontinental missiles will dock at the Hambantota Port which China has taken for a 99-year lease as a debt swap

StockNews.com

4 Semiconductor Stocks to Buy as Sales Increase

While the global semiconductor shortage remains a pressing concern, the China-Taiwan tensions could aggravate it further. However, rising government and corporate investments to ramp up production should drive the industry’s growth, given the ever-increasing demand and rising prices. As the industry witnessed sales growth in the last quarter, quality semiconductor…

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