Japan treads a careful path in its dealings with China
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Asia markets gain as Hong Kong’s Hang Seng jumps nearly 2%
Shares in the Asia Pacific markets rose on Friday, with Hong Kong’s Hang Seng index leading gains. Read more on cnbc.com
UK Can Legally Launch ‘Defensive’ Cyberattacks Against Hostile States: Attorney General
Britain can respond to cyberattacks by hostile states by taking countermeasures including sanctions or “defensive” cyberattacks, the attorney general said. Read more on theepochtimes.com
China’s Central Bank Makes Unexpected Rate Cut as Growth Crumbles
China’s central bank cut a key interest rate while keeping another unchanged, an unexpected shift that economists said would likely help the moribund housing market but bring only limited relief to the struggling economy. Read more on wsj.com
Oil steady as economic worries offset possible China demand rise
Oil prices were little changed on Friday as worries about weaker economic growth offset expectations that crude demand could rebound in China as Shanghai lifts some coronavirus lockdowns. Read more on reuters.com
China’s international schools hit by exodus of teachers dejected by COVID curbs
After teaching for three years at an international school in Shanghai, Michael is preparing to break his contract and leave, worn down by stringent measures against the coronavirus. Read more on reuters.com
Ground Breakers: Rough times for base metals ‘unlikely to last long’ with recovery predicted – Stockhead
ANZ commodity strategist’s Daniel Hynes and Soni Kumari think there is limited downside for base metals in the second half of 2022. Read more on stockhead.com.au
The California Church Shooter Has a Connection to China’s Influence Arm | National Review
His connection to China’s United Front Work Department deserves more scrutiny. Read more on nationalreview.com
We made wrong call sticking with China, says Scottish Mortgage Investment Trust
The lead manager of one of Britain’s most widely held investment trusts has admitted it was a “mistake” to have sold down western technology companies instead o Read more on thetimes.co.uk
An Island nation in turmoil allows India chance to seize key China partner
“India has stepped up its game in crisis-hit Sri Lanka at a time when China has hesitated to provide debt relief,” Overseas Development Institute’s Ganeshan Wignaraja told Newsweek. Read more on newsweek.com
‘Deadly serious’: U.S. quietly urging Taiwan to follow Ukraine playbook for countering China
Yet Beijing is also learning lessons from Russia’s botched invasion. Read more on politico.com
China still forcing thousands of citizens into COVID quarantine centers
Videos from a village showed residents being warned over a loudspeaker that they had to pack their belongings ready to be carted off to isolation centers. Read more on nypost.com
China spied on Russian defence research institutes
Twisted Panda APT used sophisticated malware. Read more on itnews.com.au
International investors sell Chinese debt at record pace
International investors dumped a record $ 35bn worth of renminbi-denominated bonds in the first four months of 2022 as Covid-19 lockdowns hit the country’s currency and rising US yields reduced appetite for Chinese debt. Read more on jnews.uk