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The Latest Breaking News from China

United States, Australia will 'watch very carefully' as China-Solomons pact takes shape, says US Deputy Secretary of State Wendy Sherman

United States Deputy Secretary of State Wendy Sherman has reassured the Pacific region the Biden administration is watching closely as the security pact between China and the Solomon Islands takes shape, warning a military base on the islands would "create security concerns for all".

ABC News

Companies in China distance themselves from Taiwan amid Pelosi backlash

From a Chinese soy sauce maker to an Asia-focused asset manager, companies in China are rushing to distance themselves from geopolitical tensions over Taiwan following last week's visit to the island by a high-profile U.S. official.

Reuters

Singapore PM warns of worsening geopolitical climate in national address

Singapore Prime Minister Lee Hsien Loong on Monday warned of the scope for miscalculations over tensions in the Taiwan Strait, which he said were unlikely to ease soon amid deep suspicion and limited engagement between the United States and China.

Reuters

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China asks India to stop ‘disturbing’ exchanges with Sri Lanka, says opposition to ship visit is ‘senseless’

China’s Foreign Ministry hit out at opposition to the visit, terming it “senseless” .“We have noted the relevant report,” spokesperson Wang Wenbin said in response to a question on Sri Lanka’s deferral request.

The Hindu

China Says Military Drills Around Taiwan Will Continue

Several days of activity have disrupted shipping and air travel, with Taiwan saying the move amounts to a blockade.

The News Lens

China announces fresh military drills around Taiwan

Beijing says it will conduct anti-submarine drills and sea assault operations

The Independent UK

First Thing: Senate passes $739bn healthcare and climate bill

Inflation Reduction Act will reduce planet-heating emissions and lower prescription drug costs – and give Biden a crucial victory. Plus, meet Casper the ghostly octopus

The Guardian - UK

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Fire engulfs historic wooden bridge in southern China

Authorities are investigating the cause of a fire that engulfed a covered wooden bridge with 900 years of history in southeastern China over the weekend

The Independent UK

China foreign ministry: Military drills in 'waters off its own territory' open, transparent

(This Aug 8 story corrects quote in lead, headline to 'waters off its own territory' not 'in our own waters')

Reuters

Weather tracker: no relief as heatwaves continue in parts of Europe and China

Meanwhile heavy rainfall predicted to far exceed annual averages in South and North Korea

The Guardian - UK

Taiwan, once world’s factory, taps tourism to keep plants alive

‘Tourism factories’ seek to give new life to industries that have for years been moving operations overseas.

Al Jazeera

UK economy shrank in second quarter according to poll of economists – as it happened

Rolling live coverage of business, economics and financial markets as analysts weigh risk of recessions across the world

The Guardian - UK

China extends military exercises against Taiwan as tensions rise

China’s People’s Liberation Army said the exercises would include anti-submarine drills

Evening Standard

Oil Bounces as China, US Data Ease Recession Concerns

Oil prices bounced higher from multi-month lows on Monday as investors' appetite improved following data on US jobs and Chinese exports data that eased recession concerns. Brent crude futures had risen 81 cents, or 0.9%, to $95.73 a barrel by 0638 GMT. US West Texas Intermediate crude was at $89.76…

Asharq Al-Awsat

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Reuters

Air traffic around Taiwan returning to normal despite new Chinese drills

Air traffic around Taiwan is gradually returning to normal after airspace surrounding the island reopened, Taiwan's Ministry of Transportation and Communications said on Monday, although China later announced fresh military drills in the area.

Asharq Al-Awsat

China Announces Fresh Military Drills Around Taiwan

China's military announced fresh military drills on Monday in the seas and airspace around Taiwan - a day after the scheduled end of its largest ever exercises to protest against last week's visit to Taipei by US House Speaker Nancy Pelosi. China's Eastern Theatre Command said it would conduct joint…

The Independent UK

China extends threatening military exercises against Taiwan

China said Monday it was extending threatening military exercises surrounding Taiwan that have disrupted shipping and air traffic and substantially raised concerns about the potential for conflict

The Independent UK

Asian stocks mixed after US job gain paves way for rate hike

Asian stock markets are mixed after strong U.S. jobs data cleared the way for more interest rate hikes and China reported Monday that its exports rose by double digits

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The Independent UK

Australia calls for cooling of Taiwan Strait tensions

Australian Foreign Minister Penny Wong has called for a cooling of tensions after Beijing accused her of “finger-pointing” in her criticism of China’s military exercises in response to U.S. House Speaker Nancy Pelosi’s visit to Taiwan

Reuters

In first visit to China, South Korean foreign minister seeks to reassure Beijing over U.S. ties

South Korea foreign minister Park Jin is set for his first visit to China on Monday as President Yoon Suk-yeol's government seeks to reassure Beijing about their relationship despite stronger ties with the United States and tensions over Taiwan.

Reuters

Chinese military: Drills continue around Taiwan on Monday

China's military said on Monday it is continuing drills in the seas and skies around Taiwan on Monday.

Daily Mirror

China warns USA will bear 'serious consequences' for Nancy Pelosi's trip to Taiwan

China was infuriated by House Speaker Nancy Pelosi's visit to Taiwan last week, and defended its decision to end US talks... but the White House said Beijing was overreacting

The Independent UK

One year after Afghanistan, spy agencies pivot toward China

A year has passed since President Joe Biden ended the war in Afghanistan

The Independent UK

Asian stocks mixed after US job gain paves way for rate hike

Asian stock markets are mixed after strong U.S. jobs data cleared the way for more interest rate hikes and China reported its exports rose by double digits

Reuters

Myanmar ambassador to China died on Sunday

Myanmar's ambassador to China died suddenly on Sunday in the southwestern Chinese city of Kunming, according to an obituary in Myanmar state media and diplomatic sources in Beijing.

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