Europe Moves to Revive Mining to Cut Reliance on China
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China Is Finally Getting Serious About a Housing Rescue
Beijing has announced a plan to clear the backlog of unsold homes, but questions remain over the scale and financing of the program.The Wall Street Journal - World - China -
Japanese beauty needs to look beyond China
Chinese shoppers have been increasingly turning to homegrown beauty brands, with sales growing rapidlyFinancial Times - World - China -
China unveils package to boost property sector
Central bank eases lending requirements and lowers downpayments to ease years-long slowdownFinancial Times - World - China -
Xi Jinping's strongman politics is China’s 'new normal'
Rather than go “back to the future” after Xi (who may yet rule for decades), China is unlikely to liberalize.The Hill - Politics - China -
Putin seeks greater energy cooperation with China
Yahoo News - World - China -
Putin concludes China trip by emphasizing ties with Russia
Russian President Vladimir Putin concluded a visit to China, emphasizing the countries’ strategic ties as well as his relationship with Xi Jinping.NBC News - Top stories - China -
Last pandas in the U.S. are going back to China
The last pandas in the U.S. --four at Zoo Atlanta -- will soon be heading back to China this fall as a loan agreement expiresCBS News - Top stories - China -
China launches new mystery Shiyan satellite (video)
Yahoo News - World - China -
China promises 'friendship' as two warships dock in Cambodia
Two Chinese warships docked Sunday at a commercial port in Cambodia, in preparation for joint naval exercises between the two countries.NBC News - Top stories - China -
China Benchmark Lending Rates Held Steady
The country’s benchmark lending rates were held steady this month, central bank data showed Monday after Beijing announced bold moves to address property-sector malaise.The Wall Street Journal - World - China -
In China, Deepfakes of ‘Russian’ Women Point to ‘Nationalistic Sexism’
A.I.-manipulated videos on Chinese sites use young, supposedly Russian women to promote China-Russia ties, stoke patriotism — and make money.The New York Times - World - China -
China Hints at Possible Retaliation Against EU Probes
China has hinted at potential retaliation in response to the European Union’s investigations into Chinese companies, and launched a probe into chemical imports.The Wall Street Journal - World - China -
The U.S. Finally Has a Strategy to Compete With China. Will It Work?
The strategy, which took seven years to come together, is a three-legged stool consisting of tariffs, security restrictions and tech subsidies.The Wall Street Journal - World -
Taiwan's new president calls on China to cease 'intimidation'
Lai Ching-te was sworn in as Taiwan’s new president on Monday, extending the rule of a party that is viewed with suspicion by China.NBC News - Top stories - China -
Why China is reluctant to make a much-needed shift
Beijing is stubbornly refusing to genuinely empower consumers, preferring to focus on industrial supportFinancial Times - World - China -
How China Is Beating the West in the Minerals War
Despite years of efforts by the West to make a dent, Chinese mining companies are becoming more dominant, not less.The Wall Street Journal - World - China -
Biden’s Get-Tough-on-China Tariffs May Backfire
Some of President Biden’s new array of tariffs targeted at China make sense. But others seem motivated by a desire to outflank his opponent in Rust Belt swing states.The New York Times - Top stories - Joe Biden -
U.S.-China tensions are blocking the road for EV manufacturers
Biden administration is confident that U.S. car companies will adapt to new tariffs on Chinese-made products.MarketWatch - Business - China -
The race to be China’s Tesla has an unexpected leader
Charging infrastructure will become an increasingly important factor in winning over EV buyersFinancial Times - Business - China -
BoE needs more evidence of price pressures easing before cutting rates, says policymaker
Megan Greene believes ‘burden of proof’ must lie in inflation waning before Bank of England loosens stanceFinancial Times - Business -
Tiger Woods misses cut at 2024 PGA Championship with pair of triple bogeys in second round at Valhalla
Valhalla hasn't been kind to Woods ever since his dramatic 2000 PGA Championship victoryCBS Sports - Sports - Golf -
2024 PGA Championship missed cuts: Jon Rahm, Wyndham Clark among stars not playing weekend at Valhalla
A number of recent major champions won't be around for the action this weekend in LouisvilleCBS Sports - Sports -
Woods gets stuck in sand, makes two early triples en route to a 77 and will miss the cut at PGA
Tiger Woods will miss the cut at the PGA Championship after making two triple-bogeys over his first four holes on the way to a round of 6-over-par 77ABC News - Sports -
Trump-era tax cuts set to expire after 2025 — here's what you need to know
Several tax cuts enacted by former President Donald Trump are set to expire after 2025 without changes from Congress. Here's how it could affect your wallet.CNBC - Business -
European utilities cut renewable targets as high costs and low power prices bite
Trend of scaling back and reviewing plans highlights difficult economics of transitioning away from fossil fuelsFinancial Times - Business -
‘We know consumers are feeling pressured’: Target to cut prices on 5,000 items ahead of Memorial Day weekend
Retailer Target is competing on price with its bigger rival Walmart at a time when many Americans are struggling with inflationary pressures.MarketWatch - Business -
Alleged Cut Modern Warfare 3 2011 Post-Credits Scene Completely Changes Ending To Infinity Ward's Trilogy
In 2011, Call of Duty: Modern Warfare 3 concluded Infinity Ward's original Modern Warfare trilogy, with Captain Price emerging victorious over the terrorist Vladimir Makarov after a dramatic helicopter crash and rooftop battle. But a newly ...GameSpot - Tech -
Fed’s Mester says forecast of 3 rate cuts this year is now probably too many
“I was on the record before saying I was at the median [forecast] which was three,” Loretta Mester said Monday. “The developments I’ve seen in the economy right now, I would not think that that’s still appropriate.”MarketWatch - Business -
Target, Aldi cut prices on staples like chicken, diapers and pet food as shoppers rack up grocery debt
‘Consumers are feeling pressured,’ a Target executive said, while Walmart also lowered pricesMarketWatch - Business -
Target cutting prices on thousands of basic items: Here's which items will cost less
The retail chain said customers will see lower prices on items ranging from milk to diapers.ABC News - Top stories -
Treasury yields dip as Fed’s Waller calls for more time before supporting any rate cut
Rates on U.S. government debt were slightly lower Tuesday morning as investors eyed another batch of comments from Federal Reserve officials.MarketWatch - Business -
IMF warns Hunt against UK tax cuts as it flags £30bn funding gap
Fund says real departmental spending growth may rise at double the pace seen in official projectionsFinancial Times - Business - United Kingdom -
Fed’s Waller needs ‘several more months’ of good inflation data before backing rate cut
“In the absence of a significant weakening in the labor market, I need to see several more months of good inflation data before I would be comfortable supporting an easing in the stance of monetary policy,” Waller said Tuesday.MarketWatch - Business -
England name Euro 2024 training squad: Marcus Rashford, Raheem Sterling, Jordan Henderson miss the 33-man cut
It's a new-look side for Gareth Southgate with a younger generation alongside stalwarts such as Harry KaneCBS Sports - Sports -
Microsoft Asks Hundreds of China-Based AI Staff to Consider Relocating Amid U.S.-China Tensions
The request comes as the Biden administration toughens controls on China’s access to cutting-edge American technology.The Wall Street Journal - Tech - China -
Putin meets Xi as Russia-China ties flourish amid tension with U.S.
Xi Jinping welcomes Vladimir Putin to Beijing - talking peace in Ukraine amid a backdrop of war and growing tension with the U.S. and NATO.CBS News - Politics - China -
With its critical mineral strategy, Australia seeks to break free from China
Yahoo News - World - Australia -
Philippine group calls civilian mission in South China Sea a 'major victory'
Yahoo News - World - China -
Neither Russia nor China wants the Ukraine war to end, but for different reasons
Yahoo News - World - Ukraine -
Why Biden’s China tariffs are more bark than bite
Also in today’s newsletter, how another Trump administration could reshape the energy outlookFinancial Times - World - China