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The Latest Breaking News on China

US treasury secretary says ‘there is a path’ with China over tariff negotiations

‘The Chinese will see this high tariff level is unsustainable for their business,’ says Scott Bessent

The Guardian - US

S Korea’s main opposition party taps former chief as presidential candidate

Democratic Party of Korea names Lee Jae-myung as its candidate for the snap presidential election set for June 3.

Al Jazeera

China lowers minimum amount for tax refunds for tourists to boost spending

China has lowered the minimum amount tourists spend to get tax refunds as part of measures to boost consumption as its economy comes under pressure during a trade war between Beijing and Washington

The Independent UK

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Philippines, US Test Air Defences As China Seizes Reef

Missiles fired off the coast of the northern Philippines Sunday as US and Filipino forces conducted their first integrated defence drills, hours after China said it had seized control of a reef claimed by Manila.

International Business Times

US forces deploy anti-ship missiles in Philippines and stage live-fire drills near China hotspots

The mock battle scenarios under the annual Balikatan military exercises between the United States and the Philippines over the weekend have not only simulated real-life war

The Independent UK

Taiwan cracks down on holders of Chinese ID amid fears over propaganda and espionage

Expulsion of people holding a Chinese passport or ID card prompts debate over identity, loyalty and freedom

The Guardian - AU

Kim Jong Un unveils North Korea's new naval warship 'equipped with nuclear-capable ballistic missiles'

The dictator claims the destroyer will strengthen his country’s ability to defend itself amid ‘aggression’ from US and allies

Evening Standard

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‘Kim Jong Un style’ 5,000-tonne warship unveiled by North Korea amid US tensions

North Korean leader Kim Jong Un has unveiled a new naval destroyer, claiming it as a significant advancement towards his goal of expanding the operational range and preemptive strike capabilities of his nuclear-armed military

The Independent UK

Six things we learned about the future of energy security at UK summit

Critical minerals, nuclear power and the ‘weaponisation’ of energy supplies were discussed at international conference

The Guardian - UK

China reportedly waives tariffs on some US chip imports — duties paid are eligible for refunds

Chinese authorities might be putting an exemption from their 125% tariff on some American chip imports.

Tom’s Hardware

China pledges support for economy, dismisses US claims on tariff talks

Beijing dismisses President Donald Trump’s claims of being engaged in tariff negotiations.

Al Jazeera

Asian And European Stocks Rise In Wake Of Wall Street Rally

US stocks rallied for a third straight session on Thursday, shrugging off signs that US trade deals with China and the European Union aren't imminent despite promising signs elsewhere.

Latin Times

China's Top Leaders Pledge Economic Support As Trade War Rages

China's top leaders pledged on Friday to step up support for the economy and oppose "unilateral bullying" in global trade in a veiled rebuke of hefty tariffs imposed by US President Donald Trump.

International Business Times

Xi announces plan for Chinese economy to counter impact of US trade war

Beijing will ‘strengthen bottom-line thinking’ as reports say it could drop tariffs on some US products

The Guardian - UK

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Al Jazeera

Trump signs controversial order to boost deep-sea mining industry

The executive order will help private deep-sea mining companies to access mineral-rich nodules on the sea floor.

The Guardian - UK

Trade war fears hammer US consumer expectations; FTSE 100 in longest winning run since 2019 – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

How has India reacted to attack in Kashmir and why are tensions in region so high?

Kashmir, where 26 people were killed on Tuesday, is claimed in full by the arch-rivals India and Pakistan

Al Jazeera

China will talk trade, but US will need to make the first move, experts say

Beijing is in a stronger position than Washington to negotiate trade deal, analysts say.

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International Business Times

Asian Markets Mixed As China Dispels Trump Talk Of Tariff Negotiations

Asian markets were mixed on Thursday as China poured cold water on US President Donald Trump's comments talking up the prospects of a deal to end their trade war.

The Independent UK

The key reasons China holds the edge over the US in Trump’s trade war

Despite the slight change in tone from the White House, China says it will not be bullied into a deal

The Independent UK

Kenyan president vows closer ties to China during visit amid Trump's trade war

Kenyan President William Ruto pledged to build closer ties with China on Thursday, a day after saying a global trade war triggered by Washington could deal a “death blow” to the current world order

International Business Times

Chinese Catholics Mourn Pope Francis, Mull Church's Future

In a small church tucked into a side street in northern China's Hebei province, a group of around 10 people gathered for their weekly meeting, the day after Pope Francis died aged 88.

The Independent UK

Hong Kong allows outspoken Cardinal Joseph Zen to attend Pope Francis’ funeral

Zen is among the critics in recent years who have said the Vatican’s agreement with Chinese authorities on the appointment of bishops betrays pro-Vatican Chinese Catholics

International Business Times

S. Korea's Economy Shrinks In First Quarter As Trade War Hits Exports

South Korea's economy unexpectedly contracted 0.1 percent in the first three months of this year, the country's central bank said Thursday, as the Asian export giant reels from months of political chaos and heightened trade tensions.

International Business Times

Chinese Business In Vietnam Struggles With Trump Tariffs Uncertainty

A year ago Zhang Chundong helped the firm he manages expand into Vietnam, part of a wave of Chinese businesses to choose the booming manufacturing hub since the trade war of US President Donald Trump's first term.

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