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The Latest Breaking News from China

After Two Months, a Scarred Shanghai’s COVID-19 Lockdown Ends

Following two months of frustration, despair and economic loss, Shanghai's draconian COVID-19 lockdown ended at midnight on Wednesday morning, prompting celebrations tempered with fear that an outbreak could return. Most of Shanghai's 25 million residents can now freely leave home, return to work, use public transport and drive their cars…

Asharq Al-Awsat

The sheer size of the China trading relationship is why Australia has to share its feasts and famines with Beijing

Facing economic difficulties, China is prioritising self-sufficiency and reduced dependence on Australian raw materials

The Guardian - AU

Bumper Australian crops unlikely to provide relief at the cash register

Despite farmers planting a record 24m hectares this year, higher fuel and fertiliser costs mean produce prices will remain high

The Guardian - AU

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The Guardian view on the UN in Xinjiang: a grave error

Editorial: The UN human rights chief, Michelle Bachelet, failed to adequately address terrible abuses in the region

The Guardian - UK

ATRenew Starts the Year Off Strong, Braces for Covid Impact

Key Takeaways: ATRenew‘s revenue rose 45.7% in the first quarter to 2.2 billion yuan as both product and service revenues recorded strong gains Company could benefit over the longer term from the rollout of China’s first guidelines for used electronics refurbishment by the city of Shenzhen in April

Benzinga

Chinese yuan rebounds on Shanghai reopening hopes

The Chinese yuan rose to one-week highs on Monday, fueled by expectations that Shanghai, the country’s financial hub, will soon emerge from a two-month lockdown that has crippled economic activities in the city and weighed on the country’s overall economic recovery.

Benzinga

Huazhu Group Stock Gains On Q1 Earnings Beat

Huazhu Group Ltd (NASDAQ:HTHT) reported a first-quarter FY22 sales growth of 15.2% year-on-year to $423 million, beating the consensus of $378.25 million. The occupancy rate for all legacy-Huazhu hotels in operation was 59.2%, down 700 basis points Y/Y. Blended RevPAR (revenue per available room) was RMB132 versus RMB138 the previous year. The operating…

Benzinga

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After two months, a scarred Shanghai's COVID-19 lockdown ends

Reuters

Germany's Merck To Launch Semiconductor Base In China

German semiconductor supplier of chemicals and materials Merck KGaA (OTC:MKKGY) forged a contract with local authorities to open a semiconductor base in China's Zhangjiagang, Reuters reports. The new 69-acre base will house production plants for thin-film materials and electronic specialty gasses, warehouses, and operation centers. Previously Merck disclosed plans to invest at least…

Benzinga

As China’s Economy Falters, Be Careful What You Wish For

Why Western schadenfreude about Beijing’s economic troubles is misplaced.

Foreign Policy

Advocates denounce UN official's China visit as "ultimate betrayal"

A top UN human rights official repeated Beijing's Xinjiang propaganda

Axios

Top Gun's Maverick risks China's anger with Taiwan flag on jacket

Tom Cruise isn’t simply taking on what appears to be Russian-made fighter jets in his update to the 1986 classic “Top Gun”: He’s also angering China.

Tribune News Service

What's Going On With Alibaba Stock Today?

Alibaba Group Holding Ltd (NYSE: BABA) shares are trading higher Tuesday as China prepares to lift COVID-19 lockdown measures, beginning June 1.

Benzinga

3 ways Vladimir Putin's war in Ukraine is affecting the former Soviet region

The war in Ukraine is dividing the former Soviet region, making it poorer and less secure. Russia will take advantage of this.

The Conversation

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The Hindu

India, China agree to hold next round of military talks soon

The situation in eastern Ladakh was reviewed at a meeting held under the framework of the Working Mechanism for Consultation and Coordination on India-China border affairs

The Independent UK

Next Hong Kong leader says city must work harder at COVID-19

Hong Kong’s incoming chief executive, John Lee, says the city still has to work hard at controlling the coronavirus and boosting vaccination rates

The Japan News/Yomiuri

South Pacific island nations remain wary of Beijing

BEIJING/JAKARTA -- Visiting Chinese Foreign Minister Wang Yi on Monday met with his counterparts from 10 South Pacific island nations in Fiji. According to Australian media, the Chinese government presented a draft agreement that includes strengthening security cooperation, but the parties failed to reach consensus because of opposition by at…

Reuters

Xi says China to strengthen, broaden bilateral ties with Zambia

Chinese President Xi Jinping told his Zambian counterpart on a telephone call on Tuesday that China is willing to strengthen and broaden bilateral ties with Zambia, according to a Chinese state television report.

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The Japan News/Yomiuri

Moving to strengthen ties with Pacific isles

The United States and Australia are moving to counter China's active engagement with South Pacific island nations.

The Independent UK

College changes name of China centre following transparency criticism

Jesus’ College’s centre on China will need to state its commitment to academic freedom on its website, a review says.

Evening Standard

Shanghai moves towards ending two-month Covid lockdown as restrictions ease

Officials in Shanghai have announced plans to reopen China’s largest city on Wednesday following a two-month Covid lockdown.

The Independent UK

Sea feud with China flares as Marcos prepares for presidency

The Philippine government has announced a new diplomatic protest against China over disputes in the South China Sea

The Guardian - UK

Mongolia under pressure to align with Russia and China

Landlocked state is pursuing neutrality despite neighbours’ efforts to create triangle of anti-western cooperation

The Independent UK

China's foreign minister arrives in Tonga on Pacific tour

China’s Foreign Minister Wang Yi arrived in Tonga on Tuesday as he continued his regional island-hopping tour a day after failing to ink an ambitious deal with 10 South Pacific nations

Bangkok Post

Philippines complains of Chinese fishing ban, 'harassment'

MANILA: The Philippines on Tuesday said it had filed a diplomatic protest with China for unilaterally declaring a South China Sea fishing ban and complained also of harassment and violations of its jurisdiction by Beijing's coast guard.

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