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The Latest Breaking News from China

What the CIA thinks: William Burns on the new world disorder

Fifty years after Nixon’s cold war coup, the US is facing a new global realignment

Financial Times

Weekly Must-Read: Why China’s Seniors Hesitate to Get Vaccinated

The government has been trying to get shots specifically into the arms of people over 60 for more than a year, yet the vaccination rate of this most vulnerable group has remained consistently low

Caixin Global

Shanghai aims to defeat COVID over next week as Beijing hunkers down

Locked-down Shanghai aims to ringfence its COVID outbreak over the next week, officials said on Friday, while residents in China's capital Beijing largely heeded the advice of authorities to work from home to stem the virus' spread.

Reuters

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Biden pledges $150m to ASEAN with eye on China

US president kicks off summit with Southeast Asian leaders with commitment to fund infrastructure, security and health.

Al Jazeera

ASEAN summit: U.S. seeks to "step up our game" and compete with China

President Biden is hosting the leaders of eight countries in Southeast Asia Thursday and Friday.

Axios

Biden makes $150m commitment to Asean leaders

WASHINGTON: United States President Joe Biden opened a gathering of Southeast Asian leaders with a promise to spend $150 million on their infrastructure, security, pandemic preparedness and other efforts aimed at countering the influence of rival China.

Bangkok Post

Thais to face China in semis

Thailand defeated India to set up a semi-final clash against defending champions China in the Uber Cup on Friday.

Bangkok Post

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With China in focus, Biden makes $150 million commitment to ASEAN leaders

U.S. President Joe Biden opened a gathering of Southeast Asian leaders with a promise to spend $150 million on their infrastructure, security, pandemic preparedness and other efforts aimed at countering the influence of rival China.

Reuters

Federal election: Penny Wong, Marise Payne clash over relationship with Solomon Islands, China — as it happened

Foreign Minister Marise Payne and Labor's Foreign Affairs Shadow Minister Penny Wong clash in a debate at the National Press Club.

ABC News

House Republican wants visa applicants to declare communist ties

A Jim Banks bill would require the disclosure to stop abuse of the H-1B visa program.

Axios

Thai gold demand sinks

Consumer demand for gold in Thailand fell 54% year-on-year to 3.8 tonnes in the first quarter, from 8.3 tonnes in the first quarter of 2021, as high prices weighed on sentiment, according to the World Gold Council (WGC).

Bangkok Post

America, Asean in geostrategic drift

As Southeast Asia's renowned regional bloc, Asean has been wanting to have its cake as well as eat it. Its summit meeting with the United States in Washington this week is a testimony to trying to have it both ways. When Washington cares less about Asean, the nominally 10-member grouping…

Bangkok Post

China finds recent water flows on Mars, with big implications for alien life

China's Zhurong rover found geologically recent water on Mars, billions of years after it should have been gone.

Inverse

How the West discovered the Buddha

Buddhism is the third largest (and fastest growing) religion in Australia with approximately half a million adherents.

The Conversation

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Benzinga

Which Chinese Firms Face Delisting From US Stock Exchanges?

Geopolitical tensions between China and the US have escalated in recent years amid efforts by both countries to become the world’s economic powerhouse.

Tribune News Service

North Korea did an amazing job of keeping COVID out. Or it lied

Few health experts believe North Korea managed to keep out COVID-19 since early 2020. So when Kim Jong Un officially confirmed the nation’s first case on Thursday, the question was more: “Why now?”

The Guardian - AU

Chinese-speaking voters critical of Coalition’s ‘militaristic’ stance on China in lead-up to 2022 election, WeChat study shows

Labor also faces criticism, but Albanese is gaining ground in news coverage on Chinese social media platform, research finds

Benzinga

Facing Double Whammy in India, Will Xiaomi Look Home for Comfort?

Key Takeaways: Xiaomi has been accused of tax evasion in India, though the company claims its activities complied with local laws Ban of company’s local apps is dealing a second blow to Xiaomi in India, leading some to predict it could switch its focus back to its home Chinese market

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news in one place.

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Benzinga

Texhong Eyes Vietnam in World of Diversifying Supply Chains

Key Takeaways: Texhong is preparing to launch a major facility in Vietnam that will sharply boost its fabric production to complement its larger cotton yarn business Company now manufactures nearly 40% of its output in the Southeast Asian nation and is one of the biggest U.S. cotton buyers in the…

Tribune News Service

Business owners waited years for COVID-19 loans—and now it’s too late

Jaja Chen and her husband Devin Li were elated when they signed a lease for their new bubble tea shop, Cha Community. Both Asian-American immigrants (her from Taiwan, him from China), they said it was a struggle to find authentic Asian food in their new home of Waco, Texas. So…

StockNews.com

2 Aluminum Stocks to Buy During the Selloff

Concerns over low demand because of slowing manufacturing activity amid extended COVID-19 lockdowns in China, and declining aluminum prices, have triggered a broad selloff in aluminum stocks. Amid the ongoing market correction, we think investors should take advantage of the price dip in fundamentally sound aluminum stocks Aluminum Corporation China…

Benzinga

Camtek Clocks 35% Revenue Growth In Q1 Backed By Robust Order Flow Amid China's Covid Lockdown, Global Tensions

Camtek Ltd (NASDAQ:CAMT) reported first-quarter FY22 revenue growth of 35% year-on-year to $77.17 million, marginally beating the consensus of $77 million. The non-GAAP gross margin expanded 130 bps to 52%. The non-GAAP operating margin expanded by 160 bps to 28.8%. Non-GAAP EPS of $0.44 missed the consensus of $0.45. The company held $428.3…

Axios

UN Human Rights Council votes to start war crimes probe in Kyiv

33 countries voted in favor and only two, China and Eritrea, voted against.

Benzinga

Can Marvel Films Profit Without Playing In China? Here's What Disney CEO Bob Chapek Says

Walt Disney Co.

Benzinga

Read How Himax Technologies Fared In Q1

Himax Technologies, Inc (NASDAQ:HIMX) reported first-quarter FY22 revenue growth of 33.6% year-on-year to $412.8 million. Net revenues declined 8.6% sequentially. Revenue from large display drivers grew 60% Y/Y to $110.6 million. Monitor and notebook IC sales decreased sequentially on the backdrop of slowing end market sell-through. TV revenue was flat sequentially, anchored by…

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