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Asian news from China

William Pesek - Masato Kanda - Shunichi Suzuki - 25-year weak yen obsession is blowing up on Tokyo - asiatimes.com - Japan - China - Usa - Washington - Turkey - Egypt - city Tokyo

25-year weak yen obsession is blowing up on Tokyo

Currency traders betting on a rebound in the yen would be wise to look past the officials currently in charge and listen instead to policy veterans who know better.

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Jumping aboard the small-modular-reactor bandwagon - asiatimes.com - Canada - China - Usa - Russia - South Korea - Argentina

Jumping aboard the small-modular-reactor bandwagon

Enthusiasm is increasing worldwide for small modular reactors (SMRs) and advanced modular reactors (AMRs).

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SHIZUKA TANABE - Nikkei staff writer - Nissan to make EVs for China's Dongfeng Motor - asia.nikkei.com - China - city Wuhan - city Guangzhou

Nissan to make EVs for China's Dongfeng Motor

GUANGZHOU -- Nissan Motor will start producing electric vehicles for Chinese venture partner Dongfeng Motor in Wuhan by the end of the year, Nikkei has learned.

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Li Qiang - China's Li says EVs and batteries meet domestic demand, enrich global supply - asia.nikkei.com - China - Usa - Washington - Eu - city Beijing - city Washington - city Brussels - city Dalian, China

China's Li says EVs and batteries meet domestic demand, enrich global supply

DALIAN, China (Reuters) -- China's Premier Li Qiang used his address at a World Economic Forum meeting in Dalian to hit back at accusations from the U.S. and EU that Chinese firms benefit from unfair subsidies and are poised to flood their markets with cheap green technologies.

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Sergey Lavrov - Why warmer North Korea-Russia ties could be trouble for Northeast Asia - scmp.com - China - Usa - Russia - India - South Korea - Washington - North Korea - city Tokyo - city Pyongyang - city Beijing - city Moscow - city Seoul

Why warmer North Korea-Russia ties could be trouble for Northeast Asia

South Korea’s foreign ministry also summoned Russian Ambassador Georgy Zinoviev to officially express its outrage over the pact.

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Bloomberg - India’s Modi to visit Russia for first time since Ukraine war, underscoring Delhi-Moscow ties - scmp.com - China - Usa - Russia - India - Ukraine - city Beijing - city Moscow - city Sanction - city Stockholm - city Delhi

India’s Modi to visit Russia for first time since Ukraine war, underscoring Delhi-Moscow ties

The Kremlin’s foreign policy aide, Yuri Ushakov, announced Modi’s trip on Tuesday, saying the exact dates of the visit will be confirmed later. Tass news service reported earlier that the Indian leader was set to spend two days in the country in early July.

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Agence FrancePresse - Gotabaya Rajapaksa - Ranil Wickremesinghe - Cash-strapped Sri Lanka to sign debt deals with China, other lenders to meet IMF bailout - scmp.com - Japan - France - China - Usa - India - Sri Lanka

Cash-strapped Sri Lanka to sign debt deals with China, other lenders to meet IMF bailout

A treasury delegation is on its way to France to sign agreements with creditors on Wednesday, government spokesman Bandula Gunawardana said.

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Karen Gilchrist - Eli Lilly - Novo Nordisk - Reuters - Novo Nordisk's Wegovy weight loss drug approved in China - cnbc.com - China - Denmark

Novo Nordisk's Wegovy weight loss drug approved in China

Novo Nordisk said Tuesday that its Wegovy weight loss treatment has been approved in China for long-term weight management, opening up the blockbuster drug for sale in the world's second largest economy.

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