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The Latest Breaking News from China

EXPLAINER: How do Australian parties differ on key issues?

Australia’s center-left opposition Labor Party has outspent the ruling conservative Liberal Party-led coalition in election promises during the six-week campaign

The Independent UK

Canada Bans China’s Huawei Technologies from 5G Networks

Wireless carriers in Canada won’t be allowed to install Huawei equipment in their high-speed 5G networks, the Canadian government said Thursday, joining allies in banning the giant Chinese technology company. Canada had been the only member of the Five Eyes intelligence-pooling alliance not to bar or restrict use of equipment…

Asharq Al-Awsat

Biden begins Asia tour aimed at boosting Indo-Pacific ties

US president visits South Korea, Japan to strengthen Indo-Pacific alliances amid China’s rise and Russia-Ukraine war.

Al Jazeera

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Philippines establishes coast guard outposts in disputed sea

The Philippines has established three coast guard outposts on three islands in the disputed South China Sea to monitor ship movements and promote safety at sea

The Independent UK

Bullish Tesla Analyst Cuts Delivery Estimates, PT On This 'Epic Disaster' Headwind

Tesla, Inc. (NASDAQ: TSLA) shares are languishing at their lowest level since August 2021 and it may not be yet time to call the bottom, given the looming risks.

Benzinga

Solomon Islands Opposition Leader accuses AFP of renting property from government MP for inflated price

Solomon Islands Opposition Leader Matthew Wale is accusing the Australian Federal Police of renting a property from a key government MP and powerbroker for a hugely inflated price.

ABC News

As Biden visits Asia, China launches South China Sea drills

China is holding military exercises in the disputed South China Sea coinciding with U.S. President Joe Biden's visit to South Korea and Japan

The Independent UK

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Shanghai Composite Index Rose 1.6% on Friday

Shenzhen Component Index closed up 1.82%

Caixin Global

Chess: Carlsen goes head to head with Ding Liren as world top two meet

China’s Ding is the new favourite for next month’s Candidates after Alireza Firouzja, 18, failed in Bucharest, and the 29-year-old will play the world No 1 at least once during the Chessable Masters

The Guardian - UK

‘Difficult to believe’: Biden’s economy plan a tough sell in Asia

US president’s arrival in Seoul will mark start of effort to promote new Indo-Pacific Economic Framework in region.

Al Jazeera

Asian stocks rise after Wall St slips closer to bear market

Asian stock markets have advanced after Wall Street fell closer to bear territory, China cut a key interest rate and Japanese inflation rose

The Independent UK

China becomes wild card in Sri Lanka's debt crisis

China says its initiative to build ports and other infrastructure across Asia and Africa, paid for with Chinese loans, will boost trade

The Independent UK

Growers may dump more grapes next season as wine glut grim forecast continues

The industry is calling on government assistance as a drop in exports to China coupled with rising input costs due to increased disease-pressure and the cost of chemical, fertiliser, fuel and labour has left winegrape growers worried for the future.

ABC News

Biden in Asia: New friends, old tensions, storms at home

President Joe Biden hopes to use his visit to Asia to confirm his belief that long-standing friendships can afford to become even friendlier — and pay dividends

The Independent UK

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WEKU

Canada bans China's Huawei Technologies from 5G networks

Wireless carriers in Canada have been banned from installing Huawei equipment in their high-speed 5G networks, as the country joined allies in banning the giant Chinese technology company.

Reuters

Locked-down Shanghai finds new cases, breaking "zero COVID" streak

Shanghai announced its first new COVID-19 cases outside quarantined areas in five days on Friday and imposed stricter curbs in two districts, but did not signal any change to the planned end of a prolonged city-wide lockdown on June 1.

Al Jazeera

North Korea shuns outside help as COVID catastrophe looms

Pyongyang has not responded to offers of help and inquiries from the US, South Korea, the WHO and UNICEF.

The Independent UK

US, S Korean leaders meet in face of N Korea nuclear threat

U.S. President Joe Biden will meet South Korean President Yoon Suk Yeol this week as the allies face a growing threat from North Korea’s nuclear weapons and missile program

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Caixin Global

Weekly Must-Read: China’s Record-Breaking Unemployment Rates Amid Covid Lockdowns

Surveyed urban unemployment rate came in at 6.1% in April, while the figure for 16- to 24-year-olds hit the highest ever recorded

The Guardian - AU

Cabinet committee blocked plan to double Australia’s support to Pacific, election-eve leak reveals

‘Extraordinary’ revelation about national security decision shows the government is ‘falling apart’, Labor says

The Hindu

Morning Digest | PM Modi to visit Tokyo for Quad summit next week; China’s Pangong bridge construction is in occupied territory, says India, and more

A select list of stories to read before you start your day

Tribune News Service

Canada bans Huawei from 5G, ending years-long impasse

Prime Minister Justin Trudeau’s government joined Canada’s closest intelligence allies in banning Huawei Technologies Co. from fifth-generation wireless networks.

ABC News

Non-urgent elective procedures delayed in Queensland amid dye shortage caused by China's COVID-19 lockdown in Shanghai

COVID lockdowns in Shanghai spark a world wide shortage of contrast dyes used in CT scans, with Queensland Health announcing some non-urgent elective procedures will be postponed.

The News Lens

Lies, Damn Lies, and North Korea’s COVID Statistics

Why has Pyongyang suddenly fessed up to an outbreak after years of insisting the virus has been held completely at bay?

Reuters

East Timor’s new president pledges stronger ties with China

East Timorese independence figure and Nobel laureate Jose Ramos-Horta was inaugurated as the country's fifth president on Friday, pledging to dedicate his time in office to strengthen national unity and forge closer relations with China.

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