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The Latest Breaking News from Beijing

Xi Jinping’s metal curbs risk backfiring as G7 seeks China alternative

BEIJING: China’s decision to control the export of two key metals showed it has some power to retaliate against moves by the US, Japan and Europe to cut Beijing off from advanced technology. But it also risks backfiring.

The Times of India

Liz Truss was paid more than £90,000 for five-day visit to Taiwan

Parliamentary records show former prime minister paid handsomely for speaking engagemet in Taiwan

The Independent UK

Vietnam bans 'Barbie' movie due to an illustration showing China's territorial claim

State media have reported that Vietnam has banned distribution of the popular "Barbie" movie because it includes a view of a map showing disputed Chinese territorial claims in the South China Sea

The Independent UK

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China to restrict chip exports as US weighs new curbs

Beijing says restrictions on exports of rare metals intended to ‘preserve security and national interests’.

Al Jazeera

Yellen heads to China this week advancing US bid to fix ties

WASHINGTON — U.S. Treasury Secretary Janet Yellen will travel to Beijing on July 6-9, becoming the second member of President Joe Biden’s cabinet to head to the Chinese capital in recent weeks, as the world’s two largest economies look to mend ties after a spate of bilateral tensions.

Tribune News Service

Once ’empowered’ Hong Kong activists face new security law

China’s National Security Law has all but extinguished criticism, but more legislation on security is expected.

Al Jazeera

China says it wants more cooperation with Russia’s military

China said it wants closer ties with Russia’s military, a sign Moscow still has Beijing’s support after the aborted Wagner mutiny.

Tribune News Service

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Hong Kong police offer rewards for arrests of 8 overseas pro-democracy activists

Hong Kong police have accused eight self-exiled pro-democracy activists of violating the territory’s harsh National Security Law and offered rewards of $127,600 each for information leading to their arrests

The Independent UK

US-China talks: can Biden mend ties with Beijing?

The US treasury secretary heads to China this week hoping to lay the groundwork for improved communication and relations between the world’s two largest economies.

The Week

U.S. Treasury Secretary to Visit Beijing

Janet Yellen will arrive for a four-day trip on Thursday, less than three weeks after Washington’s top diplomat Antony Blinken visited in June

Caixin Global

China to send navy’s hospital ship on South Pacific voyage

Beijing says ship’s planned tour of five countries is to show that China is a ‘responsible’ country.

Al Jazeera

Treasury Secretary Yellen set to travel to Beijing to help ease U.S.-China relations

Yellen, who has called the notion of an economic decoupling from China "disastrous," has frequently said in the past year that she would like to visit China.

WEKU

Flooding displaces 10,000 around China as Beijing gets a slight respite from an extreme heat wave

Flooding has displaced thousands of people around China as the capital had a brief respite from a sweltering heat wave

The Independent UK

Janet Yellen To Visit China This Week; US Doesn’t Intend To ‘Decouple’ The Two Economies

US treasury secretary will meet with senior govt officials in Beijing, aiming to ‘work together to address global challenges’.‌

Zenger

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Bangkok Post

China makes progress in bullet train development

BEIJING: China has launched performance verification tests on an even faster high-speed train, the country's railway operator said Saturday.

The Independent UK

Treasury Secretary Janet Yellen is making a long-awaited trip to China this week

Treasury Secretary Janet Yellen will travel to Beijing Thursday in an effort to thaw U.S.-China relations, a Treasury official said

Axios

Yellen to visit China this week as Biden seeks to improve ties

The treasury secretary will aim to improve communication on economic issues.

Bangkok Post

China's sweeping new anti-espionage law comes into effect

BEIJING - A revised law dramatically expanding China's definition of espionage came into force on Saturday, giving Beijing more power than ever to punish what it deems threats to national security.

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Newsroom.co.nz

New Zealand foreign policy turns a corner in Beijing

Nicholas Khoo examines three ways our relationship with China is creating new and formidable waves to navigate.

Zenger

Netanyahu: Beijing’s Growing Clout Could ‘compel’ U.S. To Stay In Mideast

Israeli Prime Minister Benjamin Netanyahu believes that China's growing influence in the Middle East could force the United States to maintain a strong presence in the region, Axios reported on Wednesday

The Guardian - UK

EU softens China strategy by adopting ‘de-risking’ approach

Decision agreed quickly at Brussels summit of leaders as bloc highlights vulnerability of supply chains

The Conversation

What Beijing's muted response to Wagner mutiny tells us about China-Russia relations – and what it doesn't

As mercenary troops bore down on Moscow on June 24, 2023, it likely wasn’t only Russian President Vladimir Putin and his governing elite in Russia who were looking on with concern. Over in China, too, there may have been some concerned faces.

The Times of India

China has $3 trillion of ‘hidden’ currency reserves, Setser says

BEIJING: China is sitting on a $6 trillion pile of money, half of which is “hidden,” and that presents a new kind of risk to the global economy, according to Brad Setser.

The Times of India

China growth momentum slows further amid calls for stimulus

BEIJING: China’s economy lost more steam in June with manufacturing activity contracting again and other sectors failing to build momentum, as calls grow for more policy support.

The Guardian - UK

As Beijing swelters, activists hope the heat will prompt climate action

Despite record temperatures, some Chinese people are yet to connect the extreme heat to the climate crisis, something activists want to change

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