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The Latest Breaking News from China

North Korea says its COVID outbreak is now under control. But is it?

After saying there were no cases, officials on May 12 announced an outbreak. But without an adequate supply of tests, some say North Korea is "flying blind." And it still doesn't have vaccines.

WEKU

Eating sea squirts reverses signs of ageing in mice – new research

Mice fed extracts of a creature called a sea squirt – so-called because they tend to squirt water when plucked from their briny home – reversed some of the signs of ageing, according to a recent study from China.

The Conversation

China signs MOU on civil air transport with Solomon Islands

China has signed a memorandum of understanding (MoU) with the Solomon Islands on civil air transport, laying a foundation for airlines of both countries to open air routes, China's aviation regulator said on Friday.

Reuters

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So, Who Is Going To Win The Chinese Lockdown Story? We've Both UK And US Evidence To Look At

Coronavirus has affected different countries at different times, different variants flowing through populations and so on. Different government have taken different approaches as well. We though are interested in the Jerry Maguire point: "Show me the money".

Benzinga

Miniso Rides Into China Covid Storm With Forecast for First-Ever Revenue Contraction

Key Takeaways: Miniso said it expects its revenue to decline around 9% in the current quarter as many of its China stores have been forced to shut down during recent citywide lockdowns Company said nearly one-tenth of its China stores were closed in March, even as its smaller international operations…

Benzinga

Living in TikTok's Shadow, Kuaishou Bleeds Red Ink and Cash

Key Takeaways: Kuaishou’s adjusted net loss narrowed in the first quarter, but its ad revenue came under pressure during China’s latest Covid containment measures

Benzinga

How Ukraine war could boost tensions between US and China over future of Taiwan

China is becoming “more repressive at home and more aggressive abroad”, according to the US secretary of state, Antony Blinken. Blinken made a major statement on US foreign policy on May 26 at George Washington University. It received a great deal of attention, internationally – not least because reporters and…

The Conversation

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Ex-Malaysia PM: US-led trade group intended to isolate China

Former Malaysian Prime Minister Mahathir Mohamad has criticized a new U.S.-led economic grouping, saying it is intended to isolate China and won't benefit regional economic growth without Beijing

The Independent UK

China Subsidizes Airlines, Car Purchases to Ease Pain of Crippling Lockdowns

Authorities issue a raft of measures to boost consumer spending and support businesses hit hard by persistent Covid controls

Caixin Global

Volkswagen Tavendor Emerges In China As Company's Umpteenth SUV

Too many SUVs? There's no such thing for VW.

Motor1

Shanghai lockdown: Residents demand release, and some get it

Residents in China's largest city of Shanghai have become bolder in demanding the lifting or easing of coronavirus restrictions that have left millions locked up in their compounds for almost two months

The Independent UK

Workers Rebel Against China's Major Apple Supplier, Question Country's Covid Decree

Shanghai Apple Inc (NASDAQ:AAPL) supplier, Quanta Computer Inc's (OTC:QUCPY) low-wage workers, rebelled against their supervisors, demanding more freedom, Bloomberg reports. The workers locked down by government ruling and isolated from the outside world for almost two months were a part of violent clashes, mounting infections, and vacant factory floors. During the April lockdown, Quanta had…

Benzinga

Political Pulse / Is the United Nations a friend of justice or a useless bystander?

The invasion of Ukraine by Russia has once again called into question the raison d'etre of the United Nations. In February, the U.N. Security Council rejected a draft resolution condemning Russia, due to Russia's use of its veto power. Secretary General Antonio Guterres' call on Russian President Vladimir Putin for…

The Japan News/Yomiuri

China criticizes US as tensions rise in South Pacific

China is criticizing a speech by U.S. Secretary of State Antony Blinken that focused on relations between the world's top two economic powers

The Independent UK

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Reuters

China punishes local officials for falsifying economic data

China has punished a number of local officials with demotions or dismissal for falsifying economic data, the country's statistics bureau said on Friday, as part of an effort to curb data fraud as the economy falters.

The Independent UK

China's Pacific plan seen as regional strategic game-changer

When China signed a security pact with the Solomon Islands in April it raised concerns from the U.S. and its allies that Beijing may be seeking a military outpost in the South Pacific, an area of traditional American naval dominance

Reuters

Chinese province neighbouring North Korea reports border area COVID cases

Border areas in China's northeastern province of Jilin, which shares a long frontier with coronavirus-hit North Korea, reported domestically transmitted COVID-19 infections of unknown origin, a Chinese health official said on Friday.

Tribune News Service

Editorial: Biden's clarity on Taiwan is risky

"Strategic ambiguity" is what U.S. diplomats call America's policy on Taiwan and China. The strategy is to keep the peace by maintaining ambiguity over the degree the U.S. would go to defend Taiwan from a Chinese invasion.

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Reuters

N.Korea stockpiled Chinese masks, vaccines before reporting COVID-19 outbreak

In the months before it acknowledged its first official COVID-19 outbreak, North Korea suddenly imported millions of face masks, 1,000 ventilators, and possibly vaccines from China, trade data released by Beijing showed.

The News Lens

As Biden Leaves Asia, North Korea Launches ICBM, Other Missiles

North Korea test-fired three ballistic missiles, including what appeared to be an intercontinental ballistic missile, hours after U.S. President left South Korea.

Asharq Al-Awsat

China, Russia Veto US Bid at UN to Punish North Korea

China and Russia on Thursday vetoed a US-led bid at the United Nations to toughen sanctions on North Korea over its missile launches, laying bare divisions that Western envoys fear would be exploited by Pyongyang.

The Times of India

More Russian oil than ever before is heading for India, China

NEW DELHI: A record volume of Russian oil is on board tankers, with unprecedented amounts heading to India and China as other nations restrict imports because of the war in Ukraine.

Caixin Global

Shanghai Composite Index Rose 0.23% on Friday

Shenzhen Component Index closed down 0.12%

Benzinga

North Korea Began Importing COVID-19 Medical Supplies From China Long Before It Reported First Case

Although North Korea admitted its first-ever case of COVID-19 only two weeks ago, it has reportedly been importing virus-related medical supplies from China for a long time now.

The Independent UK

Asian shares' rise broadly cheered by US earnings, rally

Asian shares are gaining as investors cheered a strong set of earnings from retailers that sent U.S. shares higher

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