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The Latest Breaking News from China

China says U.S. needs to ease sanctions on N.Korea, end military exercises

The United States needs to take action on North Korea such as easing sanctions in certain areas and ending joint military exercises with South Korea, China's U.N. Ambassador Zhang Jun told the U.N. General Assembly on Wednesday.

Reuters

Inspired By Alibaba, Tencent Goes Global As Regulatory Crackdown In China Continues To Bite

Tencent Holdings Ltd (OTC:TCEHY) looks to unleash its flagship mobile game "Honor of Kings" globally by the end of 2022, Reuters reports. Tencent will launch the international version under its Singapore-based brand Level Infinite, formed in 2021 to help games globally. "Honor of Kings," with over 95% of its users in China,…

Benzinga

China Said To Building A Secret Naval Base In Southeast Asian Country

China, whose navy has the world's largest fleet but only one foreign facility to launch ships, is secretly building a new naval base in Cambodia.

Benzinga

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Why more European firms are choosing Vietnam over China

A combination of geopolitical tensions and higher costs are pushing large firms to look for alternative production sites. Vietnam's strong economic performance in recent years has drawn the attention of European firms.

Bangkok Post

Alibaba Could Suffer Fallout From Mysterious Disappearance Of 'Lipstick King'

The sudden disappearance of China's "Lipstick King" from Alibaba Group Holding's (NYSE: BABA) Taobao may come as a blow to the live-streaming platform.

Benzinga

Czech Republic eyes exit from China’s 16+1 investment club

Citing ‘unfulfilled expectations’, Prague considers leaving China’s 16+1 investment club for Central and Eastern Europe.

Al Jazeera

Ling Huawei: Missions of International Organizations and Roles of China

What expectations should China have for international organizations? At present, the views of Chinese people from various backgrounds seem inconsistent, and include long-term misunderstandings, writes Caixin managing editor Ling Huawei

Caixin Global

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DiDi Discusses Stake Acquisition In Sinomach Automobile's EV Division For $150M

DiDi Global Inc (NYSE:DIDI) discussed acquiring a third of the EV unit of state-backed Sinomach Automobile, Reuters reports. Recent reports suggested possible ease in the regulatory crackdown on the ride-hailing company. Didi was amid advanced discussions to acquire shares in small-sized automaker Sinomach Zhijun Automobile from minority shareholders, costing over 1 billion yuan…

Benzinga

Cambodia: No foreign military base allowed

Cambodia's Defence Minister Tea Banh reassured Wednesday that no foreign military base would be allowed in the country as it goes against its Constitution.

Bangkok Post

Exclusive: Under Biden, China has widened trade lead in much of Latin America

China has widened the gap on the United States in trade terms in large swathes of Latin America since U.S. President Joe Biden came into office early last year, data show, underscoring how Washington is being pushed onto the back foot in the region.

Reuters

China's online "tank" cake snafu raises Tiananmen questions

An online snafu involving China’s most popular e-commerce livestreamer and a cake decorated to look like a tank has raised questions among some Chinese over the violent crackdown on pro-democracy protests in Beijing's Tiananmen Square on June 4, 1989

The Independent UK

China, Cambodia break ground on port, dismiss US concerns

Chinese and Cambodian officials have broken ground on a contentious naval port expansion project, dismissing American concerns it could provide Beijing with a strategically important military outpost on the Gulf of Thailand

The Independent UK

China hails "iron-clad" Cambodia ties as work begins on naval base

A Chinese official said on Wednesday an "iron-clad partnership" with Cambodia was bolstered by military cooperation, as work began on a China-funded upgrade of Cambodia's biggest naval base that has raised U.S. concern about China's growing influence.

Reuters

Cambodia, China revamp naval base near Thailand, stoking US fears

Cambodia and China on Wednesday broke ground on a Beijing-funded project to revamp a naval base – about 200km by sea from Trat province – that the US fears is intended for Chinese military use.

Bangkok Post

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ABC News

Nike to end its Run Club app in China in the latest retreat by a US brand

The world's largest sportswear brand will be discontinuing its running app in China come July, in a move that follows other mega US brands exiting the Chinese market.

ABC News

China-Solomon Islands security deal could lead to a 'difficult' situation for Australian troops in Honiara

Solomon Islands and China signed a wide-ranging security deal in April that opens the way for Beijing to send police and military forces to the Pacific nation, but there are questions over how the agreement will operate.

Caixin Global

Shanghai Composite Index Rose 0.68% on Wednesday

Shenzhen Component Index closed up 0.82%

The Independent UK

Chinese Olympian Eileen Gu working for Salt Lake Games bid

Eileen Gu won two gold medals for China in freestyle skiing at the recent Beijing Olympics

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The Times of India

China fears wind is blowing Covid virus in from North Korea

BEIJING: Officials in a Chinese city on the border with North Korea say they can’t figure out where persistent new Covid-19 infections are coming from -- and suspect the wind blowing in from their secretive neighbor.

Asharq Al-Awsat

China Approves 60 New Games

China has approved the release of dozens of new video games, boosting the shares of some of its biggest tech firms Wednesday on hopes that a long-running and painful crackdown on the sector is easing. The announcement follows a report in The Wall Street Journal on Monday that said regulators…

Bangkok Post

China fears wind carrying Covid virus from N Korea

Officials in a Chinese city on the border with North Korea say they cannot figure out where persistent new Covid-19 infections are coming from -- and suspect the wind blowing in from their secretive neighbour.

The Times of India

These are the world’s 20 most expensive cities for expats

NEW YORK: Hong Kong is the world’s most expensive city to live in as an expat for the second year in a row, according to a new study. New York and Geneva took second and third place in the rankings.

Reuters

Biden envoy to visit Marshall Islands as U.S. concerns grow about China's Pacific push

President Joe Biden's special envoy for talks with three tiny but strategically important Pacific island nations will lead a delegation to the Marshall Islands next week amid growing U.S. worries about China's efforts to expand its influence in the region.

AAP

Australia warned to boost cyber defences

Government and industry have been warned to increase their defences against China-backed hackers, who are using common office equipment to gain network access.

The Hindu

Developing countries need much longer beyond 2050 to reach Net-Zero: Joint statement by India, China and other nations

Prime Minister Narendra Modi had told the COP26 global climate summit in Glasgow last year that India will meet a target of net zero emissions by 2070

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