China in the News: May 7, 2021

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China retaliates: suspending its Strategic Economic Dialogue with Australia is symbolic, but still a big deal

Beijing’s suspension of the China-Australia Strategic Economic Dialogue sends a strong signal it is prepared to escalate tensions.The Conversation AU8 hours ago

‘No prospects’ for China-Australia relations to get back on track soon, political analyst says

Relations between China and Australia are unlikely to get back on track anytime soon after Beijing on Thursday moved to “indefinitely” suspend all high-level …CNBC3 hours ago

US military not planning to shoot down China rocket as it returns to Earth

Weighing around 22.5 tonnes, the rocket is one of the most massive pieces of space junk to make an uncontrolled re-entry into the atmosphere — and it’s …ABC News5 hours ago

Chinese rocket debris expected to crash on to Earth this weekend

The rocket carried parts of a new space station and now no one knows where and when it will fall.BBC News4 hours ago

Workers take a break at a stockyard in Shanghai. Demand for Australian iron ore has held up well despite tensions between the two countries.

The surprising $20b boost to the budget as China stockpiles iron ore

Chinese demand for Australian iron ore will add up to $20 billion to Tuesday’s federal budget as fears the diplomatic relationship will continue to deteriorate …Sydney Morning Herald2 hours ago

Fruitico chief executive Roger Fahl says Australian table grapes are backed up at Chinese ports.

Fears for $300m table grape trade as exports held up in China amid rumours of unofficial ban

Western Australia’s largest table grape grower has warned of dire consequences for growers across the country if delays in Chinese customs clearances …ABC News1 hour ago

China’s trade with the U.S. and Australia grew in April despite tensions

U.S. dollar-denominated exports rose 32.3% in April from a year ago, China’s customs agency said Friday. That beat an estimate of 24.1% growth from analysts …CNBC1 hour ago

Pentagon says it has ‘no plan’ to shoot down ‘out of control’ Chinese rocket

US Secretary of Defence Lloyd Austin says America has no plans to shoot down debris from an “out-of-control” Chinese rocket that is falling back to Earth.NEWS.com.au12 hours ago

China military watch | The Strategist

There’s rising concern about the prospect of a major military crisis erupting across the Taiwan Strait as a result of China’s intention to force Taiwan to unify with …The Strategist3 hours ago

Baltic states start to turn away from China | The Strategist

Over the past decade, China has made noteworthy strides towards drawing Eastern Europe into a web of cooperative relations. Through a cheque-book …The Strategist12 hours ago

China should take government trolls to task, after recent saga with India

While China has rules governing its official social media accounts, it needs to go further.video_youtubeSouth China Morning Post8 hours agoOpinion

China emissions greater than all developed nations combined

China now accounts for more greenhouse gas emissions than all of the world’s developed nations combined, according to new research from Rhodium Group.Aljazeera.com15 hours ago

The logic of US–China competition | The Strategist

In his recent address to the US Congress, President Joe Biden warned that China is deadly serious about trying to become the world’s most significant power.The Strategist6 hours ago

New Zealand wants a mature relationship with China, foreign minister says

New Zealand wants a more mature relationship with China that goes beyond trade ties and gives room for disagreement, particularly on issues of human rights, …Reuters1 hour ago

As China awaits WHO approval for its vaccines, one country is sending theirs back

Hong Kong (CNN) When Philippine President Rodrigo Duterte live-streamed himself receiving a first dose of the Chinese-made Sinopharm vaccine on Monday, …CNN 4 hours ago

Next China: China Rebukes G-7, Australia After Labor Day Holiday

The first day back from a holiday is often quite a busy one. And Beijing got straight to work after the Labor Day holiday.Bloomberg3 hours ago

China on track to build more electric cars than the rest of the world combined – report

China is currently building more electric vehicle factories than the rest of the world combined, according to a new report from The New York Times. Furthermore …CarAdvice19 hours ago

‘China will now be able to hold a dagger to our throat’: Alan Jones

China’s construction of a $40 billion “industrial city” in PNG will give it control over all maritime traffic through the Torres Strait – a necessary trade route for our oil …Sky News Australia21 hours ago

Brazilian President suggests COVID-19 is ‘biological warfare’

Brazilian President Jair Bolsonaro has thrown out the rule book for dealing with China.NEWS.com.au2 hours ago

Puppies and kittens being posted in mystery boxes in China

Chinese animal rights activists are demanding action over a new trend of pets being bought and delivered in…9News7 hours ago

Jongyeol “Saebyeolbe” Park shown while competing with his former team.

China’s Overwatch League teams end boycott of South Korean player who criticized ‘One China’ policy

The Overwatch League today issued a statement announcing that the league’s four China-based teams will no longer boycott the Seoul Dynasty in any …The Washington Post14 hours ago

The world turns to China for vaccines as Covid-19 crisis deepens in India

The world is fast becoming ever more reliant on China for vaccines, with India’s raging virus outbreak stifling its ability to deliver on supply deals, even as the …Business Standard7 hours ago

China wants the world to know that resistance to its rise is futile

LEADERS OF CHINA and America share an obsession: the notion that a large enough coalition of Western democracies might have the heft to confront a rising …The Economist1 hour ago

Two people play Chinese chess whilst seated on a bench in a park in Shanghai, China, on Saturday, April 10, 2021. China's population is aging more quickly than most of the worlds developed economies due to decades of family planning aimed at halting population growth.

China’s Population Dip May Have a Silver Lining

If the government wants to ease its demographic plight, it should start by treating families more humanely.Bloomberg6 hours agoOpinion

Medical suppliers in China worked overtime to ramp up output for India

Chinese experts suggested the Indian government should rectify its inflated import-approval process to facilitate Indian companies’ imports of vital medical …Global Times20 hours ago

Europe Starts to Come Around on China

Putting business first and alienating the U.S. has backfired.The Wall Street Journal10 hours ago

Will China and the Whitsun Reef dispute loom large over the Philippine election?

Beijing’s aggressive stance in the South China Sea is set to have an impact on the 2022 presidential poll, given incumbent Rodrigo Duterte’s tolerance of it.video_youtubeSouth China Morning Post5 hours ago

US-China Tensions Are Escalating. What Does That Mean for the Left?

A key challenge for the Left in the coming years will be to reject attempts to stoke tensions with China — tensions the Biden administration has made worse in its …Jacobin magazine15 hours ago

At least one million Uighurs and people from other mostly Muslim minorities have been held in camps in Xinjiang, according to rights groups

China slams New Zealand parliament’s motion on Uighur abuses

China criticised New Zealand on Thursday over “groundless” allegations about the ill-treatment of Uighurs, underlining Wellington’s struggle to find a middle …Al Jazeera English16 hours ago

A man flies a kite on the Bund as the Lujiazui Financial District stands in the background in Shanghai, China, on Saturday, April 10, 2021. Photographer: Qilai Shen/Bloomberg

China’s Bonds Are Near Pressure Points as Liquidity Tightens

A much-anticipated selloff in China’s bond market, the world’s second largest, may not have materialized yet, but it is on its way if key indicators are any guide.Bloomberg3 hours ago

China’s President Xi Jinping (C) and lawmakers applaud after voting in favour of a resolution to overhaul Hong Kong’s electoral system, during the closing session of the National People’s Congress at the Great Hall of the People on March 11, 2021 in Beijing, China.

China’s Xi Jinping Says Soon No Enemy Will Be Able to Defeat the Country

China can be undefeatable in a world mired in political turmoil, as long as it is self-reliant and balances its relationship with the outside world, Xi Jinping told …Newsweek16 hours ago

China and India can cooperate on COVID-19 fight but tensions still in air

The China-India relationship is going through a “very difficult phase,” said Indian Minister of External Affairs Subrahmanyam Jaishankar on Wednesday.Global Times21 hours ago

General Stephen Townsend, in an interview with The Associated Press, said Beijing is looking to establish a large navy port capable of hosting submarines or aircraft carriers on Africa's western coast

China’s Africa Outreach Poses Growing Threat, US General Warns

The top U.S general for Africa is warning that a growing threat from China may come not just from the waters of the Pacific but from the Atlantic as well. U.S. Gen. Stephen Townsend, in an interview with The Associated Press, said Beijing is looking to establish a large navy port capable of hosting submarines or aircraft carriers on Africa’s western coast. Townsend said China has approached countries stretching from Mauritania to south of Namibia, intent on establishing a naval facility. If realized, that prospect would enable China to base warships in its expanding Navy in the Atlantic as …VOA Asia20 hours ago

China’s foreign trade up 28.5 pct in Jan.-April

2021-05-07 11:41:16Xinhua Editor : Li Yan ECNS App Download. China’s total imports and exports expanded 28.5 percent year on year in the first four months …ecns5 hours ago

Global X Investigating China’s information technology sector

Details of the information technology sector and its sub-industries in China make for interesting reading for tech-focused investors.CMC Markets19 hours ago

‘We can’t rely on anything’ China says: Bernardi

Sky News host Cory Bernardi says “China lies unilaterally”, so why should we “give a hoot” about its latest decision to suspend economic relations with Australia.Sky News Australia23 hours ago

COVID cut off the ‘backchannel’ discussions which mitigated China’s ‘strong language’

Defence strategist Tyson Sara says the pandemic has cut out the “informal backchannel” discussions between leaders which would have mitigated some of the …Sky News Australia10 hours ago

A2 Milk (ASX:A2M) share price falls as China suspends dialogue

The A2 Milk (ASX: A2M) share price has taken a hit in the market after China suspended all talks with Australia. Let’s take a look.The Motley Fool Australia6 hours ago

Consumption in China to inject confidence in post-pandemic era

On the first working day after the May Day holidays, which generated travel-related spending with year-on-year growth of 138.1 percent to 113.23 billion yuan …Global Times19 hours ago

China Box Office Sets Another Record With $258M Across May Day Holiday As 2021 Tops $3.4B

Chinese box office across the five-day May Day holiday which concluded Wednesday hit a record high of RMB 1.67B ($258M). This is up from the RMB 1.53B …Deadline22 hours ago

Admiral Describes Growing Threat From Nuclear-Armed China, Russia

For the first time in its history, the U.S. faces two nuclear-capable strategic peer competitors at the same time in Russia and China, the commander of U.S. …Department of Defense16 hours ago

Chinese EV maker Nio is stepping outside of China for the first time

Chinese electric vehicle maker Nio has chosen Norway — an EV hotspot — for its first foray into international markets. Nio Norway will offer a European version …Yahoo News Australia13 hours ago

China’s debt ratio fell in first quarter as economy rebounded from virus

China’s debt-to-GDP ratio has declined for the past two quarters after swelling last year due to the economic shock of the coronavirus pandemic, the nation’s …video_youtubeSouth China Morning Post21 hours ago

Risk Binge, U.S. Pressures China, Bankers Not to Blame: Eco Day

Happy Friday, Asia. Here’s the latest news and analysis from Bloomberg Economics to take you through to the weekend:Bloomberg10 hours ago

China’s approval of mRNA vaccine ‘in final stage’; effective against over 30 variants including Indian one: BioNTech CEO

The Global Times reporter Hu Yuwei (GT) recently talked exclusively to the German-based vaccine developer BioNTech’s CEO, Ugur Sahin (Sahin) who …Global Times21 hours ago

Chinese cinemas are showing old propaganda movies. Is Hollywood going to lose out?

Hong Kong (CNN Business) Beijing has ordered China’s cinemas to use the box office this year to spread propaganda celebrating the Communist Party.CNN7 hours ago

Bill and Melinda Gates’ divorce sends shockwaves through China

The divorce of Bill and Melinda Gates has caused alarm in China, where the Microsoft co-founder enjoys a celebrity-like status not seen with other Western …NEWS.com.au23 hours ago

Primary teacher arrested after scalping boy with hair pulling punishment

A primary school teacher in central China has been arrested for allegedly pulling the hair of a nine-year-old boy so hard the child’s skull was partially scalped …South China Morning Post8 hours ago

The U.S. Embassy in Beijing. The post could be read as a ham-handed attempt to be cute. But at a moment of heightened nationalism on the Chinese internet, it set off a wave of criticism.

‘Are You Like This Doggy?’ U.S. Embassy Asked Chinese Students. It Backfired.

In a social media post about visa applications, the consular section in Beijing posed a question that some critics called racist.The New York Times7 hours ago

How China turned a prize-winning iPhone hack against the Uyghurs

In March 2017, a group of hackers from China arrived in Vancouver with one goal: Find hidden weak spots inside the world’s most popular technologies.MIT Technology Review23 hours ago

Chinese tourists behaving badly an embarrassment during May Day holiday

Videos of mainland Chinese tourists climbing on ancient ruins and graffitiing old statues appear as tourism resumes after pandemic lockdowns.video_youtubeSouth China Morning Post19 hours ago

Exclusive: India holds up wireless approvals for China-made devices, delaying launches

India has held up approvals for import of wifi modules from China for months, driving companies such as U.S. computer makers Dell and HP and …CNA2 hours ago

Why so many young Chinese seek plastic surgery

HANNAH TANG, a company manager in Beijing, first went under the knife when she was 18. The surgeon made an incision across each of her eyelids, then …The Economist3 hours ago

China reports 13 new COVID-19 cases vs 5 a day earlier

China reported 13 new mainland COVID-19 cases on May 6, up from five cases a day earlier, the country’s national health authority said on Friday.Reuters8 hours ago

China whistleblower challenges finding in cancer treatment feud

An online feud surrounding allegations of medical malpractice and professional ethics violations against a Shanghai-based doctor continued to brew as a …Nikkei Asia6 hours ago

China, this is why

For the life of me, the China issue is really irritating, provocative, and a hate generator. It is not the Chinese, by the way, it is those…INQUIRER.net16 hours agoOpinion

How will the digital renminbi change China?

While many central banks are still investigating the possibility of issuing a digital currency, China has rolled out a digital currency via a series of pilot …Business Standard16 hours agoOpinion

Volkswagen’s display at the Shanghai auto show in China last month. China is the German carmaker’s largest market.

Volkswagen Earnings Show Reliance on Sales in China

A spike in sales to Chinese customers helped Volkswagen rebound strongly from the disruption caused by the pandemic, the carmaker said Thursday, …The New York Times20 hours ago

China approves ETFs tracking HK-listed tech giants – state media

China has approved domestic fund managers’ first exchange-traded funds (ETFs) based on Hong Kong’s Hang Seng TECH Index, state media said on Friday, …CNA6 hours ago

Biden trade team set for first talks with Chinese counterparts

US Trade Representative Katherine Tai is expected to talk to her Chinese counterpart Liu He soon to review the deal.video_youtubeSouth China Morning Post21 hours ago

China’s terra-cotta warriors were built by an army of artisans

Creating thousands of live-size soldier statues to protect the mausoleum of China’s first emperor was a massive operation, requiring many steps and close …National Geographic13 hours ago

Letter: China’s big challenge is to harness education success

In highlighting that China’s population will shrink and age over the coming decades as a consequence of its low fertility rate, Gideon Rachman suggests the …Financial Times10 hours ago

Aluminium extends rally as China-Australia tensions add to supply fears

Prices have rocketed almost 25% this year as commodities and equities markets surged and investors anticipate that a crackdown on polluting smelters in China …Economic Times22 hours ago

SoftBank leads $15M round for China’s industrial robot maker Youibot

SoftBank has picked its bet in China’s flourishing industrial robotics space. Youibot, a four-year-old startup that makes autonomous mobile robots for a range of …Yahoo Tech7 hours ago

China Wants To Revive A Strategically Located Airfield Deep In The Pacific: Report

The airstrip in the country of Kiribati is positioned just 1800 miles from Hawaii, which isn’t that far in terms of the distances in the Pacific.The Drive16 hours ago

Robert Gates on US action in Iran, Afghanistan and China | PBS NewsHour

Robert Gates on US action in Iran, Afghanistan and China

Over 100 days into the Biden administration, how is the president dealing with national security issues? Judy Woodruff explores the question with former …PBS NewsHour10 hours ago

China private services-sector gauge rises in April

A private gauge of China’s services sector rose to its highest level since December, thanks to stronger consumer demand after Beijing’s success in containing…MarketWatch6 hours ago

China detects 18 cases of double mutant COVID-19 variant first found in India

Chinese state media on Wednesday reported the existence of at least 18 cases of the double mutant coronavirus variant from India. Watch:WION21 hours ago

Disconnect in Duterte’s China policy: Deliberate or just a tangled mess?

Just this week, he chastised his own foreign secretary over an expletive-laced Twitter post calling out China.. Read more at straitstimes.com.The Straits Times18 hours ago

China’s small property agents doomed as big rivals take over, says Fitch

Intense competition between agents selling lived-in homes will eventually leave just a handful of large operators, the ratings agency said in a note.South China Morning Post22 hours ago

Juul inventor’s Myst lands funding as institutional investors turn to China’s e-cigs

Over the past several years, institutional investors had largely shied away from China’s e-cigarette makers, an industry that was teeming with shoddy workshops …TechCrunch2 hours ago

China swoops on London-listed lithium miner

Ministers urged to block potential takeover of Bacanora Lithium by Gangfeng as fears mount over Beijing’s control of rare earths.Telegraph.co.uk16 hours ago

China reveals it has way more 6G patents than the US, laying claim to early 6G lead

While the transition from 4G to 5G is still in an early stage of development in some parts of the world, the race has begun for more robust connectivity with 6G.gizmochina3 hours ago

The Impact of U.S./China Competition and Cooperation on IT Industry Under the Biden Administration, 2021 Report – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “The Impact of U.S.- China Competition and Cooperation on IT Industry Under the Biden Administration ” report has been …Business Wire22 hours ago

China stocks firm on upbeat trade data, services survey

HK->Shanghai Connect daily quota used 4.9%, Shanghai->HK daily quota used 2.1%Reuters4 hours ago

Trade relations with China has ‘gone to custard’ – Robb

Former trade minister Andrew Robb says Australia’s relationship with China has “gone to custard”.Queensland Country Life5 hours ago

Chinese Manufacturers Sidestep Trade Barriers by Buying Factories Overseas

China’s government has provided billions of dollars in subsidies to state-owned companies to acquire Western manufacturing rivals and to build factories …The Wall Street Journal17 hours ago

AUD/USD Gains May Extend on China PMIs After Discounting AU-China Tensions

AUD/USD is tracking higher despite an overnight drop as tensions between China and Australia heat up further. Today’s PMI prints out of China, and the RBA …DailyFX10 hours ago

Biden Likely to Proceed With Trump China Investment Ban

The Biden administration is likely to preserve limits on U.S. investments in certain Chinese companies imposed under former President Donald Trump, …Bloomberg9 hours ago

Chinese unicorn’s robot waiters ready to serve the world

SHANGHAI — As the pandemic propels restaurants and other businesses to keep their distance from customers, Shanghai-based Keenon Robotics looks to br.Nikkei Asia7 hours ago

China opens Everest’s north side to 38 virus-tested climbers

BEIJING (AP) — China has opened Mount Everest’s northern slope to a few dozen mountaineers who will be tested for the coronavirus and must keep their …WBNG-TV2 hours ago

China Online Gaming Market Report 2021-2027 – eSports is One of the Main Reasons for Market Growth as Competitions are Broadcasted Online

PRNewswire/ — The “China Online Gaming Market By Number of Users, Category, Age Group, Segments, Company Analysis, Forecast” report has been added …PRNewswire15 hours ago

Around 230 million trips were made domestically during the five-day May Day "Golden Week" holiday this year.

Pent-up demand fuels China’s travel boom during May day holiday

But experts doubt local tourism can sustain its shine for the jet-setting crowd. . Read more at straitstimes.com.The Straits Times18 hours ago

Chinese naval ships join retrieval efforts for Indonesian submarine

An undated underwater photo released on Apr 25, 2021 shows parts of submarine KRI Nanggala 402 that sank in the Bali Sea, Indonesia. (Photo: Indonesian …CNA21 hours ago

A board displays the chart of German share index DAX at the stock exchange in Frankfurt am Main, western Germany, on December 29, 2017, the final day of trading before the New Year break. / AFP PHOTO / Daniel ROLAND (Photo credit should read DANIEL ROLAND/AFP/Getty Images)

Stock Markets Today: Vaccine Patents, Covid-19 Variants, China Tensions, Crypto

Good morning. An attempt to find a compromise on vaccine patents, spreading variants and continued pressure on China. Here’s what’s moving markets.Bloomberg2 hours ago

Australian agriculture sector ‘rapidly diversifying away’ from China

Sky News host Peter Gleeson says the Australian agricultural sector is diversifying away from China “in a very rapid fashion” as economic relations halt between …Sky News Australia19 hours ago

China pushes back against critics of its policies in Xinjiang

NOT LONG before the Beijing Olympics of 2008, the Chinese government carried out a vicious crackdown on demonstrations in Tibet. Foreign media drew …The Economist18 hours ago

China Helping Russia on Northern Sea Route Now but Ready to Push Moscow Aside Later – Jamestown

Russia’s ever-closer economic cooperation with China may not end the way Moscow hopes. Instead of strengthening Russia as Moscow expects, it may put …The Jamestown Foundation11 hours ago

Fizzy Beer Stocks Are Due for a Bar Fight in China

China’s beer drinkers are getting choosier. Will Bud remain the King of Beers?The Wall Street Journal21 hours ago

Hordes of visitors at the Badaling section of the Great Wall of China in Beijing on Tuesday. There was massive overcrowding at several tourist hot spots across China during the recent five-day "Golden Week" holiday, with visitors packed chest to chest and having little regard for social distancing.

Pent-up demand fuels China’s travel boom, East Asia News & Top Stories

Spending on domestic travel in China has hit pre-pandemic levels as cashed-up consumers reined in by border closures make the most of low coronavirus …The Straits Times12 hours ago

One year later, a New York Times article flops for its advice on Chinese system

An article written by a Peking University law professor and published by the Chinese edition of the New York Times in February last year has flopped in the past …Global Times18 hours ago

A Long March 5B rocket carrying a module for a Chinese space station lifts off from the Wenchang Spacecraft Launch Site.

No plan to shoot down Chinese rocket, says Pentagon chief

A Chinese tabloid characterised reports that the rocket is “out of control” and could cause damage as “Western hype.”The Age10 hours ago

The Chinese Government Needs to Become a Clean Energy Supermajor

(Bloomberg) — China is turning to its state-owned coal power companies to helm the next stage of the country’s renewables push, as the sector becomes less …Yahoo Finance17 hours ago

China’s Huayi Bros. Marks Third Year of Losses, Despite Delivering the Highest Grossing Film of 2020

China’s Huayi Brothers studio notched its third consecutive year of losses in 2020 despite producing the world’s highest grossing film.Variety5 hours ago

UPDATE 1-China’s April soybean imports climb 11% on year as delayed cargoes arrive

China’s soybean imports in April rose 11% from the same month a year earlier, boosted by the arrival of some delayed cargoes, customs data showed on Friday.Reuters5 hours ago

CGTN: Rooted in tradition, China’s green roads to the low-carbon future

BEIJING, May 6, 2021 /PRNewswire/ — Since the dawn of industrialization, mankind has created unprecedented material wealth. However, this prosperity has …PRNewswire17 hours ago

Defense contractor Honeywell fined $13M for sharing documents with China, other countries | TheHill

Honeywell has agreed to pay the State Department $13 million after it transferred to other countries — including China — unauthorized technical data on the …The Hill17 hours ago

Huawei’s IC design unit is losing the 5G chip market to MediaTek, Qualcomm

Huawei’s IC design unit HiSilicon has become a bit player in 5G chipsets after US sanctions cut off its access to wafer foundries, allowing rivals MediaTek and …South China Morning Post23 hours ago

Sen. Rob Portman, R-Ohio, questions Homeland Security Secretary nominee Alejandro Mayorkas during his confirmation hearing in the Senate Homeland Security and Governmental Affairs Committee on Tuesday, Jan. 19, 2021, on Capitol Hill in Washington. (Bill Clark/Pool via AP)

8 GOP senators oppose Biden amnesty program benefiting China, other foreign adversaries

FIRST ON FOX: GOP senators are calling on the Biden administration to scrap a proposed amnesty program for U.S.-based scientists and academics who failed …Fox News16 hours ago

China’s Waterdrop raises US$360 million in New York IPO -sources

Chinese online insurance technology firm Waterdrop Inc has raised US$360 million by pricing its shares at US$12 a piece in its New York initial …CNA5 hours ago

China ‘calls on’ G7 to abandon its human rights hypocrisy

Share. QR. Copied. Editor’s note: CGTN’s First Voice provides instant commentary on breaking stories. The daily column clarifies emerging issues and better …CGTN23 hours ago

China to tighten steel capacity controls from June 1

China’s industry ministry will tighten steel production capacity swap controls in key areas suffering from air pollution under new rules taking effect on June 1, …Hellenic Shipping News Worldwide15 hours ago

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