China in the News: April 21, 2021

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Daily news headlines about China from around the world (past 24 hours)

Australia’s $160m hay exports to China under threat as permits lapse

Australian hay growers could be the next major industry frozen out by China, with Canberra-Beijing relations yet to thaw since a year-long diplomatic spat over …9News18 hours ago

Exporters drop Aussie hay demand due to China trade woes

The hay trade to China is usually worth about $160 million a year, but Australia’s largest exporter has warned trade issues will lead to a huge drop in demand.ABC News14 hours ago

China’s Solar Dominance Presents Biden With Human Rights Dilemma

WASHINGTON — President Biden has repeatedly pledged to work with China on issues like climate change while challenging Beijing on human rights and …The New York Times1 hour ago

Chinese President Xi Jinping criticizes world ‘hegemony’ in jab at U.S.

Chinese President Xi Jinping called for a rejection of hegemonic global power structures on Tuesday, in an implicit jibe at U.S. dominance.NBC News10 hours ago

China’s keyboard warriors like to fight . . . each other

For most of us, calling those who argue about politics online “keyboard warriors” is a joke. But the Chinese Communist party takes the metaphor seriously.Financial Times11 hours agoOpinion

‘Break their roots’: China slammed for ‘crimes against humanity’

China has been accused of a laundry list of crimes and human rights abuses in a damning new report on its treatment of Uyghurs in Xinjiang.Yahoo News Australia12 hours ago

Pandemic year points to more crisis for Australia and China

2020 marked a year of rolling crises for both Australia and China that have shaken the two nations and their relationship, a new book from The Australian…Mirage News1 hour ago

China, U.S. Close to Naming New Ambassadors as Rivalry Grows

China and the U.S. are getting close to naming new envoys to both capitals as the two world powers get locked into an increasingly heated competition for …The Wall Street Journal6 hours ago

Is the Likelihood of War with China Increasing?

After years of appeasing China in order to gain access to its markets, the US now appears to be taking a much harder line against Beijing, emphasising national …Future Directions International19 hours ago

Taiwan seizes chance to host foreign reporters kicked out of China

Taiwan is courting journalists fleeing China, spotting an opportunity to boost its visibility and build international support as concerns mount that Beijing is flirting …Financial Times23 hours ago

Tesla (TSLA) Knocks Keep Coming as China Chides Over Vehicle Safety

Tesla Inc. is coming under increasing pressure in China with two government entities firing off missives about the carmaker’s behavior and treatment of …Bloomberg36 minutes ago

China tech groups hire ex-regulators to fend off Beijing’s crackdown

A growing number of Chinese tech companies have hired former government officials as part of efforts to navigate President Xi Jinping’s intensifying crackdown …Financial Times56 minutes ago

Oppression of journalists in China ‘may have been factor in Covid pandemic’

China placed 177th in Press Freedom Index, with warning that persecution of reporters can have international impact.The Guardian19 hours ago

What an Australian secretary-general of the OECD means for China | The Strategist

China’s economic embargo of Australia helped to persuade several OECD members, including the United States and Canada, to back Australia’s Mathias …The Strategist18 hours ago

China and Russia Turn Deeper Ties into a Military Challenge for Biden

Deepening military and diplomatic cooperation between Russia and China is worrying U.S. defense planners, who fear the two frenemies that share military …Foreign Policy7 hours ago

Caught up in ‘tit for tat’ political games: journalist Mike Smith details his exit from China

Today on Please Explain, Tory Maguire speaks with journalist Mike Smith about his dramatic exit from China last year.Sydney Morning Herald19 hours ago

China censors ex-premier Wen Jiabao’s article ahead of Communist Party anniversary

FI:E PHOTO: Chinese President Xi Jinping talks to former Chinese premier Wen Jiabao after the closing session of the National People’s Congress (NPC) at the …CNA13 hours ago

China wants to launch its own Hubble-class telescope as part of space station

China could launch the first module for its own space station this month as the country also prepares to send a large space telescope to join it in orbit within the …Space.com13 hours ago

Global Reflation Trade Gains New Momentum From China’s Yuan

China’s yuan is overvalued, and that could end up stoking global inflation.Bloomberg12 hours ago

China’s Military Has a Hidden Weakness – The Diplomat

High-tech new weapons are useful, but current military reform shortfalls hinder the PLA’s ability to employ such hardware.The Diplomat8 hours ago

Border situation cannot be swept under carpet, says Indian envoy to China

Comments indicate difference in how New Delhi and Beijing view the way forward to restore normalcy in the relationship.The Hindu11 hours ago

China’s US embassy has begun accepting non-Chinese vaccine records

Beijing has started to accept vaccination records from people seeking to enter China who have been inoculated in the United States with COVID-19 shots made …Reuters14 hours ago

China’s market regulator investigates Alibaba-Minmetals JV

China’s market regulator is investigating a joint venture between e-commerce giant Alibaba Group (9988.HK) and Minmetals Development (600058.Reuters13 hours ago

Top military official warns China and Russia are modernizing nuclear weapons faster than US

The top US military official who runs the American nuclear arsenal warned that China and Russia are modernizing their nuclear weapons and capabilities faster …CNN 2 hours ago

China-linked hackers used VPN flaw to target US defense industry -researchers

At least two groups of China-linked hackers have spent months using a previously undisclosed vulnerability in American virtual private networking devices to spy …Reuters1 hour ago

China offers Sri Lanka a lifeline as critics question cost

COLOMBO — China appears to be tightening its strategic grip on Sri Lanka, wooing the debt-ridden South Asian nation with a *fresh* $500 million loan as.Nikkei Asia16 hours ago

PayPal to launch local wallet in China focused on cross-border payments

In January, the PayPal became the first foreign firm with 100% ownership of a payments platform in China but has so far been quiet on its plans.CNBC23 hours ago

China can ‘grapple’ US satellites with robotic arm, commander says

NEW YORK — The U.S. military is concerned about China’s rapid development of space capabilities, especially a satellite equipped with a robotic arm t.Nikkei Asia4 hours ago

Iron Ore Giants Challenged in Race to Meet China Demand

The world’s top two iron ore miners struggled to keep up with strong Chinese demand in the first quarter of 2021, hit by operational challenges and weather …Bloomberg16 hours ago

Citi downgrades Nike, says China backlash could hurt stock in near term

Investors should be cautious with Nike as the apparel giant faces a potential slowdown in China and a large number of other short-term headwinds, Citi said in a …CNBC13 hours ago

Researcher who sold trade secrets to China gets 33 months

A former researcher at an Ohio children’s hospital has been sentenced to 33 months in prison for conspiring to steal trade secrets and sell them in China.ABC News9 hours ago

Japan says Chinese military likely behind cyberattacks

In this Feb 21, 2019, file photo provided by the Japan Aerospace Exploration Agency JAXA, staff of the Hayabusa2 Project watch monitors for a safety check at …CNA10 hours ago

China’s economy roars ahead as engine for global growth

China’s economic indicators for the first quarter of 2021 have been released. At an annualized rate, the economy grew 18.3% from January through to April, …Hellenic Shipping News Worldwide5 hours ago

China’s V-shaped Recovery Reached Turning Point, Goldman Says

China’s economy is on track to return to trend growth after its V-shaped recovery from the coronavirus slump ended with a record pace of expansion last quarter, …Bloomberg17 hours ago

China, Myanmar and others criticised in report on rising religious persecution

Violations of religious freedom are increasing and persecution takes place in more than 25 countries, with China and Myanmar among those that have the worst …Reuters1 hour ago

China’s climate change journey

Global leaders hosted by US President Joe Biden will meet at a virtual summit on April 22, 2021 to discuss ways to tackle climate change. In this series, the …South China Morning Post18 hours ago

China ready with ‘precautionary measures’ to stop foreign traders causing market volatility, regulator says

China will suspend the ability of foreign investors to trade if they cause serious market volatility through massive capital flows in a short period of time, a senior …Yahoo Finance14 hours ago

China’s slow trains for the poor

There are 81 no-frills train routes left over from the Mao era to *service* far-flung areas. Who rides them?Marketplace5 hours ago

Beijing Pushing for Vaccine Passport for Those Inoculated with Chinese Vaccines

Voice of America23 hours ago

China leads the world with new state-backed digital currency

It could set global standards for the use of national digital currencies.ampAxios14 hours ago

China Needs Structural Reform for Economy, Ex-IMF Official Says

China faces huge structural problems in its economy as the government fell back to its old playbook of investment-driven growth last year, said Zhu Min, a former …Bloomberg21 hours ago

U.S. And China Agree To Cooperate On Climate Crisis, Despite Fraught Relationship

The Biden admin. has taken a tough approach to China so far, but it is hoping to make climate change an arena of cooperation. It will be a test of Biden’s …NPR14 hours ago

Why the outlook for China’s currency remains bright

Demand for Chinese debt will be enhanced with its inclusion in FTSE Russell’s flagship government bond index, which will underpin the demand for yuan.South China Morning Post17 hours agoOpinion

How a sweeping US infrastructure plan might spur financial havoc in China

Economists debate whether a proposed US$2 trillion infrastructure programme would cause American inflation that could be exported overseas.video_youtubeSouth China Morning Post9 hours ago

China police detain 2 staff of BP venture, others in fuel trade probe -sources

Police in China’s southern Guangdong province have detained several people, including two senior staff of a BP Plc (BP.L) joint venture, in connection with an …Reuters17 hours ago

Watch China’s First Aircraft Carrier Recover a Fighter Jet

A new video has surfaced that purportedly shows the Chinese aircraft carrier Liaoning recovering a J-15 strike fighter. The landing is perhaps the first video …Popular Mechanics11 hours ago

How much Bitcoin comes from dirty coal? A flooded mine in China just spotlighted the issue

The recent accident showed just how fragile, and how environmentally damaging, the Bitcoin supply chain can be.Fortune7 hours ago

Is the WTO the Worst of Both Worlds for U.S.-China Tech Competition?

The World Trade Organization (WTO) was envisioned as a forum for countries to resolve sensitive trade disputes based on generally applicable rules without …Lawfare10 hours ago

China starts large-scale testing of its internet of the future

Experimental network connects 40 leading universities to prepare for an AI-driven society five to 10 years down the track.South China Morning Post8 hours ago

College Foreign Cash at Risk as Senate Targets China’s Clout

A broad attempt by Congress to stem China’s influence could put at risk research collaborations and funding that U.S. universities count on by subjecting some …Bloomberg2 hours ago

China releases new documentary on modern-day Xinjiang USA

PRNewswire/ — A report from CCTV+: China Global Television Network (CGTN) released new documentary “Beyond the Mountains: Life in Xinjiang” on Apr.PRNewswire10 hours ago

Huawei is not a carmaker — it wants to be the Bosch of China

One after another, Chinese tech giants have announced their plans for the auto space over the last few months. Some internet companies, like search engine …TechCrunch7 hours ago

‘China expert’ to examine USyd’s ‘foreign influence’ risks

The University of Sydney has engaged “China expert” John Garnaut, through consultancy firm McGrath Nicol, “as part of a range of initiatives…to manage the …Honi Soit18 hours ago

China builds world’s largest internet test facility backbone network

China announced on Tuesday that it has opened the world’s largest internet test facility backbone network, a move that analysts said will push the development …Global Times12 hours ago

China’s Meituan Amasses $10 Billion War Chest for Drones and Driverless Cars

China’s Meituan is raising nearly $10 billion from investors, hoping it will be able to gain an edge on its e-commerce rivals by spending heavily on technology …The Wall Street Journal20 hours ago

Tesla’s biggest rival in China is all in on flying cars

Xpeng is getting into the flying car game. The company’s vice chairman and president Brian Gu tells Yahoo Finance Live why.Yahoo Finance7 hours ago

China’s metal imports from Myanmar show trade contortions amid post-coup protest

YANGON: Chinese trade data gave a mixed snapshot of neighbour Myanmar’s ability to keep up metal shipments in March amid unrest after February’s …CNA14 hours ago

China plans $3 billion supercomputing centre to analyse data from space

In the next decade, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking …The Hindu11 hours ago

ASML Can’t Stay Neutral on China for Much Longer

The world’s most important semiconductor equipment maker is getting caught in the crossfire between the U.S. and China.Motley Fool4 hours ago

Belt and Road Initiative faces increased international risk, report warns

The country’s top economic planner also identified changes to global governance and trade and the ongoing rivalry with the US as major challenges.South China Morning Post20 hours ago

As Kerry secures climate pledge with China, here’s what else to watch for at Biden’s Earth Day summit

Climate change has been a key topic in President Joe Biden’s first 100 days in office and now the administration looks to reclaim a leadership position in…MarketWatch10 hours ago

AUTOSHOW Chinese woman’s Tesla protest prompts 5-day detention, company apology

An unhappy customer who invaded the Tesla booth at the Shanghai auto show by clambering atop a car in protest, creating a social media stir and prompting an …Reuters5 hours ago

India Tells China To Avoid “Tendency To Sweep Situation Under Carpet”

India has told China that the significance of the consensus reached between their leaders to maintain peace along the Line of Actual Control (LAC) can’t be …NDTV13 hours ago

Fitch Rates Bank of China’s Proposed MTN Notes ‘A(EXP)’

Fitch Ratings – Hong Kong/Shanghai – 20 Apr 2021: Fitch Ratings has assigned an expected rating of ‘A(EXP)’ to Bank of China Limited’s (BOC, A/Stable/bb+) …Fitch Ratings16 hours ago

Electric vehicle race intensifies in China | Business| Economy and finance news from a German perspective

Car companies across the world tustle for China’s electric vehicle market. Traditional car companies like Volkswagen and Toyota are having to fight to defend …Deutsche Welle13 hours ago

China the ‘only winner’ if Australia commits to a net zero target

China will be the “only winner” if Australia commits to a net zero emission by 2050 target, according to Nationals Senator Matt Canavan. Last night Prime …Chronicle22 hours ago

China pork imports hit all-time high, US soybean imports surge 320 per cent

China’s imports of US soybeans hit the highest monthly total since December 2016 in March, while overall pork imports jumped to an all-time high in March on …South China Morning Post17 hours ago

CGTN: Universities have a vital role to play in China’s modernization drive

PRNewswire/ — Top Chinese universities will play a bigger role in the country’s development in the next five years and beyond, as the world’s second largest…PRNewswire22 hours ago

Disney Can’t Depend On China To Make ‘Shang-Chi’ A Hit

Marvel’s ‘Shang-Chi and the Legend of the Ten Rings’ will likely be a success in China, but its domestic box office is still the most important factor in its global …Forbes5 hours ago

Number of AI corporations in China stands 2nd in 2020 globally: industry report

The number of artificial intelligent (AI) corporations in China stands at the second place in the world in 2020, next after the US, according to an annual global AI …Global Times18 hours ago

BMW’s Q1 earnings boosted by China demand, higher prices

BMW’s earnings bounced back more strongly than expected from a pandemic-ravaged quarter, the company said, helped by higher prices and sales growth in …Automotive News Europe16 hours ago

China Lowers CIT Liability for Small and Low-Profit Enterprises

China’s tax body has clarified a preferential corporate income tax (CIT) policy for small and low-profit enterprises and individual businesses, in place till …China Briefing14 hours ago

Politics and economics have come to a head for China, the US and the EU | TheHill

For a long time, the West has managed to avoid an excessive intertwining of political and economic components in its trade with China, for better or worse — this …The Hill4 hours agoOpinion

2021 China Construction Industry Market Size & Forecasts, Across 40+ Market Segments in Residential, Commercial, Industrial, Institutional and Infrastructure Construction – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “China Construction Industry Databook Series – Market Size & Forecast (2016 – 2025) by Value and Volume (Area and Units) …Business Wire16 hours ago

China may hit back at Japan but economic action unlikely, analysts say

Beijing accused the countries of inciting ‘group confrontation’ and said it would take all necessary measures to defend its interests, after Suga and Biden on …video_youtubeSouth China Morning Post23 hours ago

Column: Supercycle or China cycle? Funds wait for Dr Copper’s call

Funds continue to reduce their long exposure to the copper market even as the bull clamour for higher prices grows ever louder.Reuters9 hours ago

AUTOSHOW China’s Great Wall aims for 20% growth in sales of pickup trucks this year

China’s Great Wall Motor (601633.SS) aims to sell around 270000 pickup trucks this year, up from 225000 units last year, Cui Xiaohui, general manager of Great …Reuters13 hours ago

China’s Buying Spree Helps Push Corn Futures To 8 Year Price Highs

China’s record corn imports due to crop failures and inadequate state reserves have diminished available global corn supplies and pushed prices higher.Forbes8 hours ago

Surveillance, brainwashing and CCP propaganda: Australian Uyghur woman reveals as China puts her husband in jail

For now, 30-year-old Taher is sentenced to 25 years in jail in China while his 26-year-old wife waits for him in Australia. | OpIndia News.OpIndia19 hours ago

Stock picks: Goldman Sachs names big brands and Chinese shares to buy

The Goldman analysts like both established and upcoming players.CNBC22 hours ago

China to require financial institutions to move towards green finance – c.bank gov

China will require financial institutions to transition towards green finance as early as possible, to help achieve the country’s carbon neutrality goals, central bank …Reuters14 hours ago

China’s J-20 jets to get purpose-built engine ‘within next two years’

… China has spent two decades trying to master the technology behind the WS-15 engine, which a military source says is now almost ready to enter *service*.South China Morning Post9 hours ago

What to Make of China’s New Special Representative on Korean Peninsula Affairs

On April 12, China announced the appointment of its new special representative on Korean Peninsula affairs—Ambassador Liu Xiaoming. Amb. Liu’s career has …38 North2 hours ago

Another Tiny IPO Pops With 181% Jump by China’s Infobird

A third tiny listing in as many weeks is surging in its market debut on Tuesday.Bloomberg3 hours ago

China had 792,000 5G base stations as of end-February: report

Chinese operators had deployed a total of 792,000 5G base stations as of the end of February, Chinese press reported, citing a government official. Liu Liehong …RCR Wireless News9 hours ago

How China is using India`s pandemic crisis to keep border standoff alive

For six days, India has reported over 200 new infections daily. But New Delhi is unable to take its eyes off the border with China. China is using the pandemic in …WION6 hours ago

China cuts Saudi, Russia crude imports in March

China imported less crude from top suppliers Saudi Arabia and Russia in March compared to a month earlier, while boosting arrivals from Brazil and the UAE, …Argus Media12 hours ago

Headache For China: US-Japan Plan Full Cooperation In ‘All Domains’ To Counter Beijing

The US and Japan have renewed their alliance in “all domains” for their shared vision for peace and stability in the Indo-Pacific region. The move has irked their …EurAsian Times21 hours ago

Oatly’s IPO health depends heavily on China

Oatly is soaking itself in China in more ways than one. The Swedish company that makes milk out of porridge oats on Monday filed for an initial public offering in …Reuters7 hours ago

As China revs up battery production, Dem lawmakers see another Middle East nightmare

The clean energy economy is being made in China. Washington Democrats are launching a late-stage rush to lure it back home. The Biden administration and …POLITICO15 hours ago

China to create own standards for cotton_china.org.cn

China is set to release its own version of the Better Cotton Initiative standards soon, as it ramps up efforts to build its own brand of cotton to promote a …China.org.cn22 hours ago

China delivery giant Meituan raises $10 bln – a warchest for drones, self-driving cars

Food delivery behemoth Meituan (3690.HK) has raised $10 billion in a stock and convertible bonds sale, underscoring strong investor faith in the growth …Reuters13 hours ago

New book explores origins of China’s wolf warrior diplomacy

Over the past two years, China’s previously reticent diplomats have taken to Twitter and the airwaves to feature a raft of highly nationalistic and sometimes …ampAxios8 hours ago

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