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The Latest Breaking News from China

Recent visits by the foreign ministers of China and the US created lots of buzz among the Thai public and diplomatic community regarding the direction of Thai foreign policy. Many questions were raised but no satisfactory answers were given.

Bangkok Post

Thailand Sets 2028 Target To Finish High-speed Rail Link With China

Thailand’s new goal to finish the railway line from Bangkok to the Lao border is feasible but may be more of a political statement, analysts say.

The News Lens

Why China's challenges to Australian ships in the South and East China Seas are likely to continue

Last week it was reported an Australian warship had, in early July, been closely followed by a Chinese guided-missile destroyer, a nuclear-powered attack submarine, and multiple military aircraft as it travelled through the East China Sea.

The Conversation

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US developing satellite system to track hypersonic weapons

The U.S. will spend $1.3 billion to develop advanced satellites that will be able to better track hypersonic missile threats

The Independent UK

Stalemate in India-China talks to end Eastern Ladakh standoff continues

While India pushed for a comprehensive disengagement, China’s refusal to discuss Demchok and Depsang had stalled all further progress in talks

The Hindu

Behind the crisis in Sri Lanka – how political and economic mismanagement combined to plunge nation into turmoil

Sri Lankan President Gotabaya Rajapaksa formally resigned on July 15, 2022, having earlier fled the country amid widespread protests in the Southern Asian nation.

The Conversation

Yellen calls out China trade practices in South Korea visit

Treasury Secretary Janet Yellen says the U.S. and South Korea should deepen their trade ties to avoid working with countries that use their market positions to unfair advantage

The Independent UK

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China demands U.S. cancel potential arms sale to Taiwan

China has demanded that the United States immediately cancel its latest arms sale to Taiwan, the Chinese state broadcaster reported on Monday, citing the country's Ministry of National Defence.

Reuters

Tesla Made Up Almost Half Of China's NEV Exports In H1 2022

Despite the Shanghai lockdowns, Tesla managed to export 97,182 vehicles from its Chinese factory, which accounts for 48% of China's NEV exports in H1 2022.

InsideEVs

NVIDIA Stock Is Winding Up for A Record Setting Second Half

Semiconductor giant NVIDIA (NASDAQ: NVDA) stock is down (-48%) during the 2022 technology bear market. The leading maker of graphic processor units (GPUs) saw record growth as revenues rose 46.4% in its fiscal Q1 2023.

Benzinga

Volkswagen Group Global BEV Sales In Q2 2022: 118,000

Volkswagen Group all-electric vehicle sales increased in Q2 by over 6% year-over-year to around 118,000.

InsideEVs

U.S. wants to end dependence on China rare earths

The United States wants to end its "undue dependence" on rare earths, solar panels and other key goods from China to prevent Beijing from cutting off supplies as it has done to other countries, U.S. Treasury Secretary Janet Yellen said.

Reuters

China headhunts Taiwan's semiconductor engineers

TAIPEI -- China is headhunting semiconductor engineers from Taiwan through various methods, including offering generous compensation packages and sometimes using illicit means of recruitment, in a bid to become self-sufficient in the production of this vital product.

The Japan News/Yomiuri

U.S., allies cannot allow China to dominate raw materials, technologies - Yellen

U.S. Treasury Secretary Janet Yellen will call on Tuesday for deeper trade ties among allies to fortify their supply chains, combat inflation and thwart China's "unfair trade practices" and efforts to dominate key raw materials and technologies markets.

Reuters

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Inverse

China’s Tianwen-1 Mars probe just completed its number one goal

Upon successful orbital insertion and landing at Mars, Tianwen-1 is a historic victory for both the CNSA and space exploration.

The Guardian - AU

‘Abusing China’s restraint’: Beijing accuses Australia of provocation at sea

Global Times quotes comments by foreign ministry spokesman Wang Wenbin on military encounters in the South China Sea

The Guardian - AU

China banks told to bail out property developers as mortgage boycotts threaten economy

Regulator’s intervention comes as thousands of homebuyers refuse to make mortgage repayments as crisis in property sector deepens

Asharq Al-Awsat

Oil Prices Extend Gains

Oil prices extended gains on Monday, propped up by a weaker dollar and tight supplies that offset concerns about recession and the prospect of widespread COVID-19 lockdowns in China again reducing fuel demand. Brent crude futures for September settlement rose 69 cents, or 0.7%, to $101.85 a barrel by 0421…

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Reuters

Shanghai enforces new COVID testing, some areas in China extend lockdowns

Several large Chinese cities including Shanghai are rolling out new mass testing or extending lockdowns on millions of residents to counter new clusters of COVID-19 infections, with some measures being criticised on the internet.

Reuters

Scorching heat expected to resume baking China this week

Searing summer heat waves are expected to return this week across large parts of China, lasting through late August, the state weather forecaster said, despite brief interludes of seasonal rain.

The Conversation

Pacific Islands are back on the map, and climate action is not negotiable for would-be allies

This year’s Pacific Islands Forum marked the beginning of a more dangerous era as Pacific leaders tried to find common responses to both the climate crisis and sharpening geostrategic competition.

Al Jazeera

Pacific islands demand climate action as China, US woo region

Small island nations call for more action on climate change while pledging unity amid growing geopolitical competition.

360info

Sponge cities beating urban heat in China

Infrastructure to prevent urban flooding has benefits for preventing urban heat.

The Guardian - AU

China floods leave at least 12 dead, with thousands evacuated

Another 12 missing in flash floods in Sichuan and Gansu, as some areas receive double their monthly rain in less than two days

InsideEVs

Tesla Model X And Y Reach Mount Everest Base Camp

Two Chinese Tesla owners managed to reach the base camp of Mount Everest in their EVs. The whole journey was recorded in a video posted by Tesla China.

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