Rainbow Flags Test China
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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 -
Russia launched a satellite into space in February 2022 that is designed to test components for a potential antisatellite weapon that would carry a nuclear device, U.S. officials said.
Russia launched a satellite into space in February 2022 that is designed to test components for a potential antisatellite weapon that would carry a nuclear device, U.S. officials said.The Wall Street Journal - World - Russia -
The FDA cleared Neuralink to implant its brain chip in a second person, accepting the company's proposed fixes for a problem that occurred in the first test participant.
The FDA cleared Neuralink to implant its brain chip in a second person, accepting the company’s proposed fixes for a problem that occurred in the first test participant.The Wall Street Journal - World -
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 -
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An Unfinished Film review – moving and mysterious movie about China’s Covid crisis
Cannes film festivalLou Ye’s docu-realist film starts as sophisticated comedy, morphs from looking like a zombie apocalypse to intimate drama, and evolves into a tribute to how a nation handled trauma. Out of agony and chaos, Chinese film-maker ...The Guardian - World - Covid -
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 -
The US has approved more flights for China, but the real winner is Russia
While it is certainly understandable that the Biden administration wishes to reestablish the bilateral services agreement with China, there is a better way to do so.The Hill - Politics - China -
Microsoft Asks Some China Staff to Relocate Amid Sino-US Tensions
The group of mostly Chinese nationals work on cloud computing and machine learning, which are now flashpoints in the growing U.S.-China rivalry.Inc. - Business - China -
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The right US-China policy prioritizes collaboration despite competition
Conflict and hostility currently dominate the China discourse.The Hill - Politics -
Taiwan, on China’s Doorstep, Is Dealing With TikTok Its Own Way
The island democracy was early to ban TikTok on government phones, and the ruling party refuses to use it. But a U.S.-style ban is not under consideration.The New York Times - Business - Tiktok -
China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China -
China is a 'critical' global supplier, full decoupling may be impossible, survey shows
Chinese companies are growing more optimistic about a rise in trade exports as firms show no signs of fully decoupling from China, according to Allianz Trade.CNBC - Business - China -
China eases mortgage rules in latest push to aid property sector
China’s financial regulators said Friday that they would remove the mortgage rate floors for first and second homes, and lower minimum downpayment ratios for first-time homebuyers.MarketWatch - Business - China -
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Putin arrives in China's 'Little Moscow' as allies aim to deepen trade
It comes a day after the Russian and Chinese leaders pledged a "new era" of partnership between their countries.BBC News - Top stories - China -
China Says It Will Start Buying Apartments as Housing Slump Worsens
Signaling growing alarm, policymakers ramped up efforts to stem a continued decline in real estate values.The New York Times - Business - China -
Putin’s China Visit Highlights Military Ties That Worry the West
The Russian leader visited an institute in Harbin known for defense research. President Xi Jinping saw him off with a rare and seemingly deliberate embrace for the cameras.The New York Times - World - China -
China’s spy threat is growing, but the West has struggled to keep up
For years, Western spy agencies have talked of a need to focus on China, but senior officials say the threat has not been taken seriously enough.BBC News - Top stories - China -
Canada Goose jumps 16% after the company reports growth surge in China
Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.CNBC - Business - China -
China pledges $42 billion in a slew of measures to support the struggling property sector
Chinese authorities on Friday pledged new support for state-owned enterprises to enable them to buy unsold apartments.CNBC - Business - China -
China pledges $42 billion in a slew of measures to support the struggling property sector
Chinese authorities pledged new support for state-owned enterprises to enable them to buy unsold apartments, in an effort that could help developers get more funding to finish construction on pre-sold properties.NBC News - Top stories - China -
China to cut mortgage rates as part of plan to prop up property market
Local authorities will be allowed to turn unsold homes from developers into affordable housing. China will cut mortgage rates and allow local authorities to turn unsold homes from developers into affordable housing, in a series of drastic measures ...The Guardian - World - China -
Putin concludes a trip to China by emphasizing its strategic and personal ties to Russia
Russian President Vladimir Putin is concluding a two-day visit to China by emphasizing the countries' strategic ties as well as his own personal relationship with Chinese leader Xi Jinping as they seek to present an alternative to U.S. global ...ABC News - World - China -
American conservatives love Hungary’s Orbán — but ignore his wooing of China
Orbán’s devotion to deepening relations with China makes him an unreliable partner.The Hill - Politics - China -
Last pandas in the U.S. have a timetable to fly back to China
Atlanta received Lun Lun and Yang Yang from China in 1999 as part of a 25-year loan agreement that will soon expire.CBS News - Top stories - China -
Musk Pushes Plan for China Data to Power Tesla's AI Ambitions
A data center in Chinato teach AI models for self-driving technology using data that could be processed in the countrycould be a big shift for Tesla, or merely a backup plan.Inc. - Business - China