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The Latest Breaking News from China

China expands military might as far as French borders with Solomon Islands pact

China has signed a security agreement with the Solomon Islands, a tiny state in the Pacific Ocean. The US and Australia are furious and worry that Beijing might want to expand its naval operations. The agreement also means that China's sphere of influence now extends to French territory as the…

Radio France Internationale

US defence chief speaks for first time with Chinese counterpart

The call comes amid continued US concerns that China could support Russia in the invasion of Ukraine.

Al Jazeera

Economist Cuts China GDP Growth Forecast As COVID Lockdowns Weigh On Economy

This week, the International Monetary Fund cut its global GDP growth forecast for 2022 and 2023 in the wake of the economic disruption caused by Russia's invasion of Ukraine.

Benzinga

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Australia's biggest coal market to reduce dependency on imports

China's demand for Australian coal will decline rapidly over the next few years

The Canberra Times

Qudian Sees Food for Growth in Prepared Meals, Weighs Exit of Core Lending Business

Key Takeaways • Qudian said it has started trial operations for QD Food, which sells ready-to-cook meal kits through a WeChat mini app • The move comes as company says it may wind down its original credit business due to challenging regulatory environment By Warren Yang

Benzinga

Chinese Firms In New GDR Rush To Realize Global Dreams

Key takeaways: Six domestically listed Chinese companies have announced plans to issue GDRs in Europe over the last month Four Chinese companies with existing GDRs in London have received scant interest from investors, with extremely low trading volumes. By Tina Yip

Benzinga

Pentagon chief speaks with China's defense minister for first time under Biden

U.S. Defense Secretary Lloyd Austin spoke with Chinese Minister of National Defense General Wei Fenghe on Wednesday, the first call between the two officials since the start of President Joe Biden's administration more than a year ago.

Reuters

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Taiwan is part of China, Beijing tells U.S

Taiwan is a part of China and no one can change that, Chinese Defense Minister Wei Fenghe said on Wednesday during a rare phone call with U.S. Defense Secretary Lloyd Austin, according to a statement from Beijing.

Reuters

Alibaba, JD Stocks Suffer Heightened US Exodus Over Regulatory Clash

Chinese e-commerce giants have seen more of their shares shift to the Hong Kong market as Beijing failed to impress U.S. regulators, Bloomberg reports. Bloomberg saw ~77% of JD.com Inc's (NASDAQ:JD) shares circulating in Hong Kong's clearing and settling system as of April 19, versus 44% at the 2022 beginning. The shift highlighted…

Benzinga

Aurora Mobile Shares Gain Premarket After Its Subsidiary Collaborates With Leading EV Maker

Aurora Mobile Ltd's (NASDAQ:JG) Wuhan SendCloud Technology Co, Ltd subsidiary collaborated with a market-leading global new energy vehicle manufacturer to provide email services. Aurora Mobile is a leading mobile development service provider in China. SendCloud is a leading email API platform in China that provides customers with email and SMS services. On…

Benzinga

US Pentagon chief speaks for 1st time to Chinese counterpart

Defense Secretary Lloyd Austin has spoken with his Chinese counterpart for the first time since becoming Pentagon chief more than a year ago

The Independent UK

Australian party leaders clash on China in election debate

Australia’s prime minister and his opposition rival have clashed heatedly over Australia’s tumultuous relationship with China in the first leaders' debate ahead of elections on May 21

The Independent UK

Leaders' debate: Scott Morrison and Anthony Albanese clash over boat turnbacks, China, NDIS and major reforms

The first leaders' debate of the election campaign starts out as a friendly affair but ends with Labor leader Anthony Albanese accusing Prime Minister Scott Morrison of an "outrageous slur".

ABC News

China Stocks Are Approaching Bottom, Says Mark Mobius: Time to Buy Small, Mid-Sized Names

The negative risks faced by China stocks may have played out fully and a bottom is near, Mark Mobius, a fund manager focused on emerging markets said in an interview with the South China Morning Post.

Benzinga

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Benzinga

Half Of Apple's 200 Chinese Suppliers Said To Be Operating In Lockdown-Hit Areas

Almost half of Apple Inc's (NASDAQ: AAPL) 200 top suppliers are based in Shanghai and other COVID-19 lockdown-hit areas of China, according to a

The Guardian - AU

Morrison and Albanese clash on Solomon Islands-China pact in first leaders’ debate of federal election

Scott Morrison accuses Anthony Albanese of siding with China as Labor leader wins support of 40% of undecided voter forum over PM’s 35%

Reuters

In Shanghai lockdown, Carrefour staff sleeps at store to keep residents supplied

To prepare the 3,000-plus orders of vegetables, meat and essentials her Carrefour supermarket sends out every day to locked-in Shanghai residents, manager Zhang Wei wakes at 5 a.m. after a night in a sleeping bag on her office floor.

The Independent UK

One month on, cause of China Eastern crash still a mystery

One month after a China Eastern passenger jet crashed mid-flight, killing all 132 people on board, investigators say they have not determined a cause

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Reuters

YouTube blocks account of Hong Kong's sole leadership candidate

YouTube blocked the account of Hong Kong's sole leadership candidate John Lee on Wednesday as part of U.S. sanctions against the city's former No. 2 official who said the move will not affect his bid to lead the financial hub for the next five years.

Benzinga

JPMorgan's Chinese Tech Sector Downgrade Proved Costly for Them - Read How

JPMorgan Chase & Co (NYSE:JPM) lost its position as the most senior underwriter for Kingsoft Cloud Holdings Ltd's (NASDAQ:KC) Hong Kong stock offering, Bloomberg reports. The size of the offering in Hong Kong is relatively small, amounting to ~$100 million. The change came after one of JPMorgan's analysts cut the share-price target for the…

Caixin Global

Ping An Unit Looks to Beef Up Private Pension Business With Fresh Funds, Sources Say

Ping An Annuity Insurance is seeking $1.6 billion from its parent, as it aims to further develop a business central to China’s plans to change how people save for retirement

Caixin Global

China’s Covid Controls Take a Heavy Toll on Highway Traffic

Volume of vehicles of the nation’s expressways plunges 40%, including a 65% drop in the Yangtze River Delta region around Shanghai

The Independent UK

Solomon Islands leader defends new security pact with China

The Solomon Islands prime minister has confirmed that his government has signed a new security agreement with China, but told lawmakers it would not undermine the peace and harmony of the region, as has been feared by the opposition and countries including the United States and Australia

The Guardian - UK

Taiwan news channel accidentally airs false report of Chinese invasion

CTS apologises for panic caused by broadcast of mocked-up captions it says it created for security drills

The Guardian - AU

Solomon Islands’ security pact with China raises the question – is Australia the partner for the Pacific it thinks it is?

There may not be a direct link between climate policy and the agreement, but it has contributed to the dimming of Australia’s reputation in region

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