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The Latest Breaking News from China

Coalmining regions urged to diversify, with Chinese slowdown in coal consumption 'imminent'

Energy economists are warning coalmining regions to make urgent changes to diversify as China both reduces consumption and opens massive mines of its own.

ABC News

Batteries are the new oil and the U.S. needs to catch up

The federal government is taking steps to build a domestic battery industry to reduce reliance on China.

Axios

Opinion: The Doomsday Scenario of U.S.-China Financial Decoupling

Policy actions that sever linkages will result in great costs to both nations, driving Chinese firms to access global capital via alternative investment channels

Caixin Global

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AP News Digest 4:05 a.m.

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan at https://newsroom.ap.org.

The Independent UK

Shanghai Composite Index Fell 2.26% on Thursday

Shenzhen Component Index closed down 2.7%

Caixin Global

Report: Chinese credit card processor rebuffs Russian banks

A Russian news outlet says China's credit card processor has refused to work with banks in Russia for fear of being targeted by sanctions over its attack on Ukraine

The Independent UK

Tesla Supplier CATL, Warren Buffett-Backed BYD Dominate EV Battery Market In China

Tesla Inc (NASDAQ: TSLA) and Xpeng Inc (NYSE: XPEV) battery supplier Contemporary Amperex Technology Co, Ltd (CATL) grabbed a market share of 50% in March among electric vehicle battery makers in China, a

Benzinga

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Indonesia Is a Fence Sitter on the Russia–Ukraine Crisis

While Indonesia’s government avoided taking a stand on the war, public opinion tilted in favor of Russia.

The News Lens

New Zealand's Ardern in Tokyo to meet Kishida, promote trade

New Zealand Prime Minister Jacinda Ardern is in Japan as part of her first trip abroad in more than two years as her government seeks to promote the country’s reopening for business and tourism following a pandemic-related border closure, while Japan wants to focus on mutual security concerns, including China’s…

The Independent UK

IMF chief warns of global risks from prolonged China slowdown

Kristalina Georgieva says Beijing has room to take measures to support world’s second-biggest economy.

Al Jazeera

Xi defends China’s Covid response amid mounting economic woes

President Xi Jinping defended China’s lockdown-dependent approach to fighting the pandemic, even as he sought to reassure the world that the country was still committed to opening its economy.

Bangkok Post

China's Xi urges dispute resolution, opposes sanctions

Chinese leader Xi Jinping says his government supports talks to resolve international disputes, but opposes the use of sanctions

The Independent UK

Industry rebuts Alex Turnbull claims of Chinese hit on Australian coal

Study says China will buy less Australian coal: industry says it already buys none

Newcastle Herald

Shanghai Official Covid Death Toll Rises to 25

Shanghai logged eight official Covid-19 deaths on Thursday, reporting a mounting death toll even as daily cases appear to be tapering off and some residents are finally free to venture outside under an easing lockdown. China's largest city and commercial engine is inching towards reopening after weeks-long restrictions kept most…

Asharq Al-Awsat

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ABC News

Solomon Islands MP defends military pact with China by comparing it to secretive Pine Gap facility in NT

Former Solomon Islands prime minister Danny Philip staunchly defends his country's secret pact with Beijing, saying the government does not need to seek public approval, because of "national security".

The Times of India

Covid-19: Elderly Shanghai woman's quarantine ordeal sparks outrage

SHANGHAI: The treatment of a 92-year-old Shanghai woman who was sent to quarantine late at night has caused anger in China, underscoring the frustration that many are feeling under the nation’s strict Covid Zero rules.

The Independent UK

Surprisingly low Shanghai COVID death count spurs questions

In a city of 25 million people with hundreds of thousands of COVID-19 cases, Chinese health authorities have reported only 25 coronavirus deaths

The Guardian - AU

Jacinda Ardern questions motive for China-Solomons security pact

New Zealand PM flags Beijing’s ‘growing assertiveness’ in region, while ‘Pacific stuff-up’ haunts Australia’s governing Coalition going into election

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The Conversation

Anti-satellite weapons: the US has sworn off tests, and Australia should follow suit

When United States Vice-President Kamala Harris was at the Vandenberg Space Force Base in California earlier this week she said the US would not conduct tests of destructive, direct ascent anti-satellite missiles.

Reuters

Japan cabinet secretary says Solomon Islands-China pact may have impact on region

China's security agreement with the Solomon Islands may have an impact on security for the region and is a likely topic for discussions between the leaders of Japan and New Zealand later on Thursday, Japan's chief cabinet secretary said.

Reuters

China's Xi proposes 'global security initiative', without giving details

Chinese President Xi Jinping on Thursday proposed a "global security initiative" that upholds the principle of "indivisible security", a concept also endorsed by Russia, although he gave no details of how it would be implemented.

Benzinga

Elon Musk Says Tesla Giga Shanghai Returning 'With A Vengeance' After COVID-19 Halts, Sees Record Q2 Output

Tesla Inc's (NASDAQ: TSLA) Giga Shanghai could spring a production surprise in the current quarter as the key plant returns to production after weeks of shutdowns due to COVID-19 curbs in China.

Al Jazeera

Why Chinese bankcard chips may not ease Putin’s economic pain

Russia has turned to China for microchips it needs to meet surging demand for its domestic bank cards.

ABC News

Peter Dutton warns China will expand its presence in Pacific after Solomon Islands pact

Defence Minister Peter Dutton is warning China will not waste any time expanding its presence in the South Pacific, after signing its controversial security pact with Solomon Islands.

The Guardian - AU

Covid forces China to face mental health crisis a long time in the making

Strains of lockdown have seen demand for counselling services soar, exposing a lack of mental health support that long pre-dates the pandemic

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