China ‘world’s biggest debt collector’ as poorer nations struggle with its loans

Country, estimated to be owed up to $1.5trn, is increasing penalties for late payments and cutting back on infrastructure projects

China has become the world’s biggest debt collector, as the money it is owed from developing countries has surged to between $1.1tn (£889bn) and $1.5tn, according to a new report. An estimated 80% of China’s overseas lending portfolio in the global south is now supporting countries in financial distress.

Since 2017, China has been the world’s biggest bilateral lender; its main development banks issued nearly $500bn between 2008 and 2021. While some of this predates the belt and road initiative (BRI), Beijing’s flagship development programme has mobilised much of the investment in developing countries.

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Morrison says world should not get ‘suckered into’ Gaza ceasefire – as it happened

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Paterson: ceasefire in Gaza would ‘just allow Hamas to regroup’

Turning to the Israel-Hamas war, Liberal senator James Paterson is asked for his view on calls for a ceasefire.

[It would] just allow Hamas to regroup, it would allow them to continue to hold more than 200 hostages, and it would allow them to again prepare for another attack on Israel.

And the truth is that neither the people of Gaza, the Palestinian people, nor the people of Israel, will be safe as long as Hamas is in power in Gaza. And so their removal is a legitimate military objective which Israel is proceeding with. Having said that, it is of course important for Israel and the IDF to do what they can to minimise civilian casualties.

I think it’s important that the prime minister raises the full range of issues in the bilateral relationship with Xi Jinping, including the foreign interference and espionage in our democracy but also the ongoing detention of an Australian citizen Dr Yang Hengjun, the ongoing unjustified sanctions against the Australian economy and many other challenges.

I think they (China) certainly do pose national security challenges to Australia in terms of foreign interference and espionage, in terms of cyber attacks in terms of intellectual property theft, but also in terms of malign conduct that they’re engaging in the South China Sea …

In my view, it would be absurd to admit as a member of one of the highest standard agreements in the world, a country which until recently had engaged in up to $20bn of economic sanctions against the bilateral free trade agreement. If the Chinese government is not able to abide by the standards it voluntarily agreed to enter into under the Australian free trade agreement, why should we expect that they will behave any differently in the future?

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Pacific Islands Forum: four leaders fail to attend as China-US rivalry takes centre stage

The US has been racing to reopen embassies and deepen links with Pacific countries in wake of Solomon Islands security pact with China

The leaders of three Melanesian countries are missing the region’s most important annual political gathering, dealing a blow to attempts by Pacific island countries to project unity at a time of rising geopolitical rivalry.

Officials confirmed the prime ministers of Solomon Islands, Vanuatu and Papua New Guinea would not be travelling to the Cook Islands for the Pacific Islands Forum (Pif) meeting running from Monday to Friday.

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Albanese to echo Whitlam as he prays for a good harvest in Xi talks

The prime minister will visit the Temple of Heaven in Beijing on Monday morning before a significant meeting with China’s president, Xi Jinping

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Fifty years ago, Gough Whitlam visited the Temple of Heaven in Beijing as part of an historic visit to China to establish diplomatic relations with the People’s Republic.

Whitlam’s visit to the Beijing landmark produced an iconic image. In the photograph, the newly elected Australian prime minister is captured with his ear to the circular Echo Wall in the world heritage site. In the background, the Australian prime minister is watched by Stephen Fitzgerald, Australia’s first ambassador to China.

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Albanese offers gentle rebuke over China’s ‘unnecessary barriers to trade’ at Shanghai expo

Australian prime minister pushes the benefits of ‘rules-based trade’ after a period of unilateral sanctions imposed by China

Anthony Albanese has delivered an implicit rebuke to China for its strong-arm tactics during Beijing’s protracted trade war with Canberra, telling attenders at a trade expo in Shanghai “Australia and China have prospered thanks to the certainty and stability that is made possible by rules-based trade”.

But while politely criticising Beijing’s trade tactics, Australia’s prime minister did not rule out supporting China’s long-held ambition to join a critical regional pact – the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

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Albanese arrives in China for landmark visit, says it’s in ‘our national interest’

Albanese will meet Chinese president Xi Jinping and premier Li Qiang, on the first visit to China by an Australian prime minister since 2016

Anthony Albanese has declared Australia will “cooperate with China where we can, disagree where we must, but ... also engage in our national interest” as the prime minister arrived in the People’s Republic for a landmark three day official visit.

Albanese touched down in Shanghai on Saturday evening. After being received at the airport by senior diplomats from both countries, the prime minister went immediately to a banquet hosted by China’s premier Li Qiang to open China’s International Import Expo in downtown Shanghai.

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A new chapter: how China sees Albanese’s ‘ice-breaking’ state visit

Chinese state media have previously viewed Australia’s actions as blindly following the US. Does a resumption of dialogue signal a change?

It’s a busy time in Beijing – this autumn has already hosted a major Belt and Road forum, international dignitaries, and a security summit. But an upcoming visit by the Australian prime minister has also prompted a flurry of preparations and discussion.

Anthony Albanese’s three-day tour of Shanghai and Beijing, the first prime ministerial visit to the country in seven years, is being warmly welcomed. He is expected to meet with the premier, Li Qiang – the host of the official visit – and the president, Xi Jinping, with whom Canberra has said Albanese will raise tough issues.

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Blockbuster show on Genghis Khan opens in France after row with China

Exhibition features objects never before seen in Europe and draws lessons from Mongol empire relevant to today

It was a major cultural row between France and China, prompting a history museum to pull the plug on one of its most important exhibitions of the decade accusing the Beijing authorities of interference and trying to rewrite history.

But now the Chateau des ducs de Bretagne history museum in Nantes has finally opened its blockbuster exhibition on Genghis Khan and the Mongol empire, with large crowds queueing to see hundreds of objects that have never been shown in Europe, some dug up by archaeologists only three years ago. It is part of a new modern reading of the geopolitical importance of the vast continental empire.

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The great powers signed up to Sunak’s AI summit – while jostling for position

Even China is part of the UK’s ‘Bletchley declaration’ – but Britain is not the only country ambitious to lead on the issue

Sitting in a purpose-built hut in the grounds of the historic Bletchley Park country estate, British officials believed they had pulled off a diplomatic coup.

On stage in front of them was the UK’s technology secretary, Michelle Donelan, and behind her were high-level representatives from the US and China, together for the first time to discuss the international regulation of artificial intelligence.

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Albanese to raise human rights and trade with Xi in first China visit by Australian PM since 2016

Ahead of trip signalling emergence from diplomatic deep freeze, Albanese also calls on Beijing to again allow Australian journalists to report from mainland

Anthony Albanese will raise human rights, trade and Australia’s concerns about the militarisation of the South China Sea when he meets Xi Jinping in Beijing on Monday during the first visit to China by an Australian prime minister since 2016.

Albanese has signalled he intends to raise the plight of the Australian writer Yang Hengjun, who has been detained for more than four years in China. Ahead of his departure, the prime minister also called on the Chinese government to issue visas to Australian journalists, allowing them to report once again from the mainland.

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Li Keqiang funeral in China brings out crowds despite suppression effort

Police line road amid strictly controlled public tributes to premier once seen as antidote to authoritarian Xi Jinping

Hundreds of people have gathered near a state funeral home in China as former premier Li Keqiang was being laid to rest.

Plainclothes and uniformed police lined the road leading to the funeral home, blocking traffic and telling people to move along while watching for the presence of unofficial or foreign media.

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China and US reportedly agree to rare nuclear arms control talks

Talks expected on Monday would be first since Obama administration and follow visit to Washington by Wang Yi, Chinese foreign minister

China and the United States will reportedly discuss nuclear arms control next week, the first such talks since the Obama administration.

The talks would be led on Monday by Mallory Stewart, a senior state department official, and Sun Xiaobo, the head of the arms control department at China’s foreign ministry, the Wall Street Journal reported on Wednesday.

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UK, US, EU and China sign declaration of AI’s ‘catastrophic’ danger

Bletchley summit communique does not agree to set up testing hub in UK, as some in government had hoped

The UK, US, EU, Australia and China have all agreed that artificial intelligence poses a potentially catastrophic risk to humanity, in the first international declaration to deal with the fast-emerging technology.

Twenty-eight governments signed up to the so-called Bletchley declaration on the first day of the AI safety summit, hosted by the British government. The countries agreed to work together on AI safety research, even amid signs that the US and UK are competing to take the lead over developing new regulations.

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Halloween costumes in Shanghai poke fun at Chinese authorities

People dress as Covid workers, surveillance cameras and Winnie-the-Pooh, a reference to Xi Jinping

Halloween revellers in Shanghai have poked fun at the Chinese authorities with their costumes, dressing up as Covid prevention workers, surveillance cameras and China’s falling stock market.

Videos posted on social media showed police shepherding away people with particularly subversive costumes on Tuesday night, including one dressed as Lu Xun, a Chinese writer from the early 20th century whose fable about a useless scholar has become a meme for China’s unemployed youth.

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Fires in Queensland tropics – as it happened

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The NSW RFS has confirmed that just after 4am this morning one of its firefighting tanks rolled over 10km south of Jennings in the Tenterfield LGA.

A spokesperson said there were four firefighters on board. They were all taken from the truck, with three being taken to hospital for observation.

They’ve said they’ll be returning to bulk billing, or many of them who are considering a change would stick with bulk billing, for those more than 11 million Australians.

That’s about 60% or more of the throughput of the average general practice. So it’s a huge boost in confidence and funding to a sector that I think is probably in its most powerless status been in the 40 year history of Medicare.

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Biden expected to meet with Xi Jinping next month for ‘constructive’ talks

White House comments come after China’s foreign minister made rare visit to Washington to pave way for Xi to meet Biden

Joe Biden is expected to meet Chinese leader Xi Jinping on the sidelines of a summit in San Francisco in November for “constructive” talks, the White House said on Tuesday.

The comments came days after China’s foreign minister made a rare visit to Washington to pave the way for Xi to meet Biden at the Asia-Pacific Economic Cooperation (Apec) summit.

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Yang Hengjun’s family urges Albanese to negotiate with China for jailed Australian writer’s release

Democracy activist ‘hasn’t enjoyed any direct sunlight for over four years’ and his children fear their father risks being left to die in a Chinese prison

The children of jailed Australian writer Yang Hengjun, detained for more than four years in China, have pleaded with Anthony Albanese to negotiate his release in Beijing this week, telling the prime minister his situation is critical and their father risks “being left to die”.

The writer and avowed democracy activist was arrested in January 2019 and charged with espionage. Yang has collapsed in prison and been told he has a 10cm cyst growing on his kidney, his sons said in a letter to Albanese, emphasising there was “a narrow window of opportunity” to secure his release.

In a prison, inmates are allowed to go outside to get fresh air and may eat in the canteen. Unlike the detention centre where I eat, drink, defecate and urinate all in a small room.

I haven’t enjoyed any direct sunlight for over four years. At most, some rays of sunlight occasionally come through one or two panes of glass and flicker fitfully.

Don’t forget I have not been convicted yet. According to Chinese law, I am still innocent, yet I have been locked up for more than four years, and I am almost destroyed … I’m talking about physically; mentally, no-one can destroy me.

I just hope I will be able to get out alive.

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China’s billionaires looking to move their cash, and themselves, out

Crackdowns on financiers, roiling political climate and slowing economy under Xi Jinping has many seeking exit plans

Billionaires are notoriously difficult to track. It’s no surprise – the easier they and their assets are to find, the easier they are to tax. But by all accounts, the number of uber-wealthy people in China is in decline. Of the world’s estimated 2,640 billionaires, at least 562 are thought to be in China, according to Forbes, down from 607 last year.

With crackdowns on financiers and a roiling political climate, many of China’s rich people are looking to move their money, and themselves, out of the country.

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US vows to support ‘free media’ in Pacific as concern over China influence grows

Washington will look to partner with Pacific media sector, top official tells the Guardian

Regional media has emerged as a new front in the contest between the US and China in the Pacific, as Washington said it will support “free media” while warning of the dangers of Beijing’s efforts to manipulate information around the world.

During a visit to countries in the Indo-Pacific in October, the US under secretary for public diplomacy and public affairs, Elizabeth Allen, said Washington was “prioritising the support of independent media” across the region.

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Why the rusting wreck of a second world war ship is so important to China

The Sierra Madre, deliberately marooned by the Philippines in 1999, is crumbling but repair is being made impossible by an effective blockade by Beijing

It is perhaps the most unlikely kind of military base. For more than two decades, a second world war-era ship, BRP Sierra Madre, has stood deliberately grounded in the remote, shallow waters of the fiercely contested South China Sea, carrying the Philippine flag and guarding against Chinese expansion.

But its future is increasingly precarious, and the ship has become a growing flashpoint in one of the world’s most disputed waters.

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