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The Latest Breaking News from China

New Zealand's China dilemma: reviving ANZAC spirit region's best defence

Has our neighbour recognised that the threat to its security is of greater significance than protecting its economic interests?

Newcastle Herald

Family of food delivery driver Xiaojun Chen, who died at work, granted $830k compensation

A landmark court ruling finds Xiaojun Chen was an employee of Hungry Panda when he died after being hit by a bus in Sydney, entitling his widow and children to compensation.

ABC News

G7, NATO leaders to ratchet up pressure on Russia, keeping eye on China -U.S. officials

Leaders from the Group of Seven rich nations and the NATO alliance will seek to increase pressure on Russia over its war in Ukraine at meetings next week, while making clear that they remain concerned about China, senior U.S. administration officials said on Wednesday.

Reuters

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Nato summit to host Asia-Pacific leaders for first time in show of ‘democratic’ unity aimed at Russia and China

‘Russia obviously continues to be the most serious and immediate threat to the alliance, but the strategic concept will also addressed the multifaceted and longer term challenges posed by the PRC to Euro-Atlantic security’

The Independent UK

Senior ministers to retire before Victoria’s election – as it happened

This blog is now closed

The Guardian - AU

Polysilicon Price Hits 11-Year High on Surging Solar Panel Demand

Key green energy material gains 25.8% in a year, sparking Chinese suppliers to plan a quadrupling of capacity by next year

Caixin Global

BRICS partners may offer Russia a way out of sanctions impasse

The 2022 summit between leaders of China, Russia, India, Brazil and South Africa (BRICS) starts tomorrow, Thursday. In a speech preceding the virtual gathering, the host, Chinese President Xi Jinping, warned against "expanding" military ties. Meanwhile, only one BRICS country is critical of Russia's invasion of Ukraine, while some of…

Radio France Internationale

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Telsey Advisory Cuts Nike Price Target - Read Why

Telsey Advisory Group analyst Cristina Fernández has lowered the price target on Nike Inc (NYSE:NKE) to $140 (32% upside) from $170 and kept Outperform rating on the shares. The analyst cited near-term risks, including the impact of strict COVID lockdowns in China, demand decline in wholesale channel, given lowered expectations for 2H22 by key partners…

Benzinga

Anthony Albanese is invited to visit PNG but its citizens must first elect a prime minister

In less than a fortnight, Papua New Guineans will head to the polls in an election that will likely see James Marape or Peter O'Neill elected prime minister. With tensions in the region high, the vote is being closely watched.

ABC News

The role of caste in economic transformation

The divergent outcomes in structural transformation in the global South, i.e., India, China and S.E. Asia, are illustrative

The Hindu

RAAF sent second jet into South China Sea hours after Chinese air force's 'dangerous' interception

Australia's air force was not deterred by a "dangerous" interception by a Chinese fighter jet last month, with new details emerging that the RAAF deployed a second Poseidon aircraft to the South China Sea the day after the incident.

ABC News

Man arrested after iconic pagoda vandalised in Manchester's Chinatown

The structure will now be closed while repairs are carried out

Manchester Evening News

Macro Headwinds Accelerate Cango's Drive to Car Trading from Auto Finance

Key Takeaways: Cango’s revenue fell 30% in the first quarter, led by a 74% decline in its legacy auto financing business that the company is de-emphasizing in favor of broader auto trading services

Benzinga

Starbucks likely to tap board director to fill top job as Schultz exit looms

Starbucks Corp.’s hunt for a new chief executive officer has no shortage of complications: The coffee giant’s crucial China business is sputtering and its US stores are grappling with unionization efforts, potential turnoffs for plum candidates. The company lacks natural internal successors after the departure last year of two C-suite…

Tribune News Service

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The Guardian - UK

Harrods delays summer discount sale due to global supply chain issues

Supplies are running ‘two to three weeks’ behind, a situation the store says has been exacerbated by post-Brexit staff shortages

The News Lens

‘After Yang’ Is Infused With Asian Americanness

‘After Yang’ is a sci-fi grounded in a plausible future history, conveying an uncanny sense of frisson familiar to Asian Americans, American Asians, or indeed anyone caught between two cultures in hard-to-delineate ways. The film is part of the 2022 Taipei Film Festival.

Daily Mirror

War in Ukraine has 'shattered peace in Europe', says NATO chief before summit

Secretary-General Jens Stoltenberg spoke out days before alliance leaders gather in Madrid for a major summit the crisis, more arms for Kyiv and how to deal with China

Benzinga

JX Luxventure Adopts $5M Stock Buyback Program; Inks $30M Sales Agreement

JX Luxventure Ltd (NASDAQ:LLL) Board of Directors has authorized a share repurchase program of up to $5 million shares. The funds for the repurchases under the program will be personally provided by the CEO, Sun Lei. The Board thinks the share buyback program will restore shareholder confidence in the company as the current…

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The Independent UK

China says Ukraine crisis has sounded alarm for humanity

Chinese leader Xi Jinping has said the conflict in Ukraine has “sounded an alarm for humanity," but proposed no solutions

Benzinga

Chinese Analyst Provokes Country To Attack Elon Musk's Popular Starlink Satellite Service

In a paper published by the Beijing Institute of Tracking and Telecommunications Technology, a Chinese researcher urged the Chinese military to track and monitor every satellite in the Starlink network, Bloomberg reports. Tesla, Inc (NASDAQ:TSLA) chief Elon Musk’s satellite service provides internet access in over 30 countries. Ren Yuanzhen cited the pervasiveness, ability…

The Independent UK

Cement carbon dioxide emissions quietly double in 20 years

New global data shows that emissions of heat-trapping gases coming from making cement have doubled in the last 20 years

ABC News

Defence Minister Richard Marles visits India to boost military ties, compares notes on approach to China

The Defence Minister Richard Marles says Australia and India have been drawn together because both countries are wrestling with the "difficult problem" of how to reconcile strong economic ties with China against shared anxieties over Beijing's growing military might.

The Independent UK

Stanley Johnson calls for parliament ban on ‘agreeable’ Chinese ambassador to be lifted

PM’s father heading to Xinjiang to make TV show about Marco Polo – but insists it is ‘not a political exercise’

Benzinga

China Sentences Man Linked To Alibaba Employee Sexual Assault Case

A China court sentenced a man to 18 months in prison for being involved in Alibaba Group Holding Limited (NYSE:BABA) female employee sexual assault case, the Global Times reports. The court held Zhang Guo guilty of forcible indecency against a female employee surnamed Zhou of Alibaba Group during a business dinner in July…

Caixin Global

Opinion: Possible Tariff Rollback Won’t Alter U.S. Strategy to Contain China

As the U.S. stares down record inflation, it plans to ‘outcompete’ China in key areas

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