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The Latest Breaking News from China

Veteran Chinese Economist Urges China To Seize TSMC - Read Why

A veteran Chinese economist called on authorities in an online post to capture Taiwan Semiconductor Manufacturing Co (NYSE:

Benzinga

Taiwan tells US: Don't forget free trade deal

TAIPEI: Taiwan's top trade negotiator appealed to the United States on Tuesday not to forget that the island wants a free trade deal but understands this will not happen immediately and is willing to make other agreements first as "building blocks".

Bangkok Post

Globalization Is Alive, Well, and Changing

America can join with more free trade or it can miss out.

Reason

From analysis to the latest developments in health,
read the most diverse news in one place.

It is clear Australia’s voice is being heard in the region – and that’s in no small part due to Penny Wong

The foreign minister has exploded out of the blocks since Labor won the election. Her aspiration is to be a serious person in serious times

The Guardian - AU

China says Australia military planes in S China Sea are a threat

Beijing says Australia military aircraft in the South China Sea region threaten its sovereignty and security.

Al Jazeera

China encourages public to help with national security with cash for tip-offs

Chinese citizens can get rewards of more than 100,000 yuan ($15,000) and special certificates for tip-offs on breaches of national security under measures introduced this week, state media reported on Tuesday.

Reuters

China, Cambodia breaking ground on joint port project

Cambodian and Chinese officials will break ground this week on the expansion of a port facility that the U.S. and others worry will be used by Beijing as a naval outpost on the Gulf of Thailand, but the government has denied that any Chinese military presence will be allowed

The Independent UK

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Japan calls for defence spending hike in policy paper, notes threats to Taiwan

Japan wants to drastically increase defence spending "within the next five years" it said on Tuesday in an annual economic policy document that for the first time mentioned both a time frame for the expenditure and concern about threats faced by Taiwan.

Reuters

Taiwan appeals to U.S. not to forget its desire for free trade deal

Taiwan's top trade negotiator appealed to the United States on Tuesday not to forget that the island wants a free trade deal, but understands this will not happen immediately and is willing to make other agreements first as "building blocks".

Reuters

China warns Australia to stop 'dangerous' actions over the South China Sea after RAAF interception

A Chinese defence ministry spokesman says the Australian aircraft seriously threatened China's sovereignty and security, warning Australia to restrain its actions or "bear all the serious consequences".

ABC News

China's top diplomat says new, old China-Japan problems intertwined

Old problems in China-Japan relations are intertwined with new ones, and the challenges cannot be ignored if the countries wish to have a "healthy" relationship, China's top diplomat said on Tuesday.

Reuters

Chinese military ‘to have exclusive use of parts of Cambodian naval base’

Reports of presence at Ream base on Gulf of Thailand would significantly expand its presence in Indo-Pacific

The Guardian - UK

Shanghai Composite Index Rose 0.17% on Tuesday

Shenzhen Component Index finished nearly flat

Caixin Global

China says Australia military plane in S. China Sea threatens sovereignty

China said on Tuesday that its military has identified Australian military aircraft and warned them to leave after Australia said fighter aircraft intercepted one of its military surveillance planes in the South China Sea.

Reuters

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Reuters

Don't call us pro-China, Taiwan opposition chief says in U.S

It is wrong to label Taiwan's main opposition party the Kuomintang (KMT) as being pro-China as it has always been pro-U.S. and is dedicated to defending the island though also to talking to Beijing, its chairman said in Washington.

Axios

Labor unions warn Biden not to lift Trump's China tariffs — even to fight inflation

The issue has divided Biden's top advisers.

Bangkok Post

Leadership changes in the Indo-Pacific

New leaders in the Indo-Pacific region -- Australia, South Korea and the Philippines -- will significantly impact the future trajectory of US-China relations. Their policy shifts, even nuances, could either moderate or harden the two powers' strategic rivalries.

Newsroom.co.nz

Henare to push Pacific at defence summit

As a major defence event returns, the Defence Minister says the Pacific will be at the forefront of his talks.

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ABC News

Pacific Island Forum's leadership crisis comes into focus as leaders arrive in Fiji to resolve tensions

The ABC understands Pacific Island leaders hope to strike an agreement to resolve leadership questions, reform the organisation and allow the forum to stay whole, after last year's threat by Micronesian nations to withdraw.

AAP

China base in Cambodia 'concerning': PM

Reports of a Chinese bid to secure a naval presence in Cambodia have been met with concern by Australian authorities.

The Guardian - AU

‘A dangerous act’: how a Chinese fighter jet intercepted an RAAF aircraft and what happens next

Government says PLA J-16 forced Australian P-8 on routine surveillance into a dangerous manoeuvre over South China Sea

The Conversation

Why countries choose to remain neutral and what responsibilities come with it – The Conversation Weekly podcast transcript

This is a transcript of The Conversation Weekly podcast episode: Neutrality: why countries choose not to join a war and what responsibilities come with it, published on May 5, 2022.

Benzinga

Burning Rock Localizes as Investors Grow Impatient

Key Takeaways: Burning Rock’s revenue grew 27% in the first quarter, but its costs grew even faster as it focused on building up new revenue sources Company’s older centralized testing services contracted in the quarter due to Covid disruptions, but its newer localized service with partner hospitals posted strong growth

Benzinga

Vending Machine Leader Ubox Spits Out Big Losses During Pandemic

Key takeaways: Ubox has filed for a Hong Kong IPO despite reporting losses in the past two years due to pandemic-related disruptions to its core vending machine business The company’s backers include Alibaba’s Ant Financial, which led a 1.6 billion yuan investment in the company in 2019

Los Angeles Times

Summit of the Americas opens in LA as US grapples with deteriorating relations and influence

WASHINGTON — It was the early 1990s, and the Western world seemed full of promise. The Soviet Union had collapsed, and the Cold War that had gripped and shaped global politics for decades was over.

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People

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