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The Latest Breaking News from China

3 held for extorting money from people using loan apps with links to China: Delhi Police

NEW DELHI: Three members of a gang were arrested for extorting money from people using short-term loan applications with alleged links to China, Delhi police said on Saturday.

The Times of India

Biden tells 9 Arab leaders at summit: U.S. "will not walk away” from Middle East

“We will not walk away and leave a vacuum to be filled by China, Russia or Iran,” Biden said at a summit in Saudi Arabia.

Axios

Biden: US 'Will Not Walk Away' from Middle East

US President Joe Biden said on Saturday that the United States will remain an active and engaged partner in the Middle East. Washington “will not walk away and leave a vacuum to be filled by Russia, China or Iran,” Biden said in a speech during a summit with six Gulf…

Asharq Al-Awsat

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Why hot days drive up food prices

As heat waves strike Europe and China, crops are withering

Salon

Blair calls on the West to stand up to China

The former prime minister has predicted a need for increased defence spending as the era of Western dominance draws to a close.

The Independent UK

Philippines Marcos wants to renegotiate loans on $4.9 billion China-backed rail projects

Philippine President Ferdinand Marcos Jr ordered the transport ministry to renegotiate loan agreements struck by his predecessor with China for railway projects worth $4.90 billion, an official said on Saturday.

Reuters

Bhutan-China ties won’t harm India’s interests: Bhutan Foreign Minister

After over two years of COVID-19-induced lockdown, Bhutan will open its doors for tourists on September 23 with a new expensive policy for international tourists and Indians as well. Bhutan Foreign Minister Tandi Dorji says the lessons of COVID-19 include better ties with neighbours, including China.

The Hindu

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New lockdowns in China as Covid picks up

China on Saturday reported its highest number of coronavirus cases since May, with millions in lockdown this weekend as authorities persist with their zero-Covid policy.

Bangkok Post

Newt and the Never Trumpers: Gingrich, Tim Miller and the fate of the Republican party

In two new books, a partisan warrior and a repentant operative paint an alarming portrait of a party gone rogue

The Guardian - US

Xi Jinping visits China's Xinjiang region amid criticism of mass detention

Analysts say it's possible a million people have been detained in the region over time, but the Chinese president shows no signs of backing down from policies that have come under criticism from the West.

ABC News

US Navy ship again sails near disputed South China Sea islands

BEIJING: A United States Navy destroyer sailed near the disputed Spratly Islands on Saturday, the US Navy said, its second such "freedom of navigation" operation in a week in the South China Sea.

Bangkok Post

Biden meets with Arab Gulf countries to counter Iran threat

President Joe Biden on Saturday will meet with leaders of Arab Gulf countries in Saudi Arabia as he closes out of the final leg of a four-day trip meant to bolster U.S. positioning and knit the region together against Iran

The Independent UK

Morning Digest | Bhadrachalam in Telangana reels under severe flood threat; India-China military talks to be held on July 17, and more

A select list of stories to read before you start your day

The Hindu

India-China military talks to be held on July 17

The 16th round of talks will be held onthe Indian side of LAC in eastern Ladakh

The Hindu

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The Guardian - AU

Smiles and unity at the Pacific Islands Forum mask tough questions shelved for another day

While leaders presented a picture of harmony, more vexing topics like Australia’s fossil fuel ambitions and China were kicked down the road

inkl Originals

The Weekly Wrap for Saturday, 16 July 2022

This week, a tour of the Subcontinent. Gotabaya Rajapaksa finally took the hint and people partied through the state of emergency. Pakistan is flooding (both ways) and India claims more bragging rights.

Reuters

U.S. approves possible sale of military assistance to Taiwan

The U.S. State Department has approved the potential sale of military technical assistance to Taiwan worth an estimated $108 million, the Pentagon said on Friday.

Reuters

U.N. urges end to Haiti gangs weapons supply; China wanted embargo

The United Nations Security Council on Friday unanimously threatened targeted sanctions against criminal gangs and human rights abusers in Haiti and called on countries to stop a flow of guns to the strife-torn Caribbean country.

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StockNews.com

Alibaba vs. Amazon: Which E-Commerce Giant Is the Better Investment?

Despite high inflationary pressure and continued supply chain disruptions, resilient consumer spending and enhanced delivery services should help the e-commerce industry to stay afloat. However, considering the uncertain market conditions, e-commerce giants Amazon.com (AMZN) and Alibaba Group (BABA) are expected to remain under pressure. But is it wise to buy…

Bangkok Post

AIMC touts short-term debt strategy

The Association of Investment Management Companies (AIMC) recommends investors focus on short-term debt investments from the US, China and Thailand as well as large-cap equities in emerging markets to avoid losses from a recession triggered by high inflation and rate hikes.

Bangkok Post

Short-term outlook remains volatile, but stay the course

2022 has so far felt like a perfect storm for the global economy and financial markets. Changing monetary policy, decades-high inflation, the war in Ukraine and supply-chain disruptions, to name a few, have taken a toll on investor sentiment.

Bangkok Post

China slump and Fed on investors' minds

Recap: Asian shares were mixed yesterday as investors grew more concerned over the economic downturn after data showed a sharp second-quarter slowdown in China. However, some investors welcomed comments from two US Federal Reserve governors who said an overly aggressive interest-rate increase was probably not needed.

The Hindu

Dalai Lama’s Ladakh tour ‘completely religious’, says government functionary

The visit may rile China as it comes amid the military standoff between Indian and Chinese troops at several friction points in eastern Ladakh

The Guardian - AU

The seas are rising on Pacific islands nations – but so is their powerful resistance

As the climate crisis threatens their existence, an assertive new collective are using their leverage as a flashpoint in geopolitical tensions

Newsroom.co.nz

NZ cannot afford to be comfortable in the Pacific

While there are reasons for positivity about Aotearoa's role in the region, complacency could be catastrophic.

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