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The Latest Breaking News from Beijing

South Korea key for Europe to manage fallout from China-U.S. rivalry, report says

Closer ties between the European Union and South Korea under President-elect Yoon Suk-yeol are imperative for managing China's rising power and the increasing rivalry between Beijing and Washington, former ambassadors and officials said.

Reuters

America’s lopsided China strategy: all guns and no butter

Facing criticism that its approach focuses too much on defence, the administration is preparing an economic plan for the Indo-Pacific

Financial Times

Could Asia save Putin from an EU energy ban? It’s not so simple

Infrastructure issues, political pressure and low demand could prevent Asia from absorbing diverted energy supplies.

Al Jazeera

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China dismisses speculation about plans for Solomon Islands military base

China's Foreign Ministry spokesperson says claims that Beijing intends to build a military base on Solomon Islands after signing a security agreement with the Pacific nation are "completely fabricated".

ABC News

Beijing to test 20 million for COVID in bid to avert Shanghai lockdown misery

Three-quarters of Beijing's 22 million people lined up for COVID-19 tests on Tuesday as authorities in the Chinese capital raced to stamp out a nascent outbreak and avert the debilitating city-wide lockdown that has shrouded Shanghai for a month.

Reuters

Free media in Hong Kong almost completely dismantled – report

Government crackdown has cleared market for an expanded pro-Beijing and state-owned media sector

The Guardian - UK

Beijing Tightens Controls Amid Virus Flare-Up Fears

China’s capital city sets out to test most of its 22 million residents for Covid after 70 new infections appear since April 22

Caixin Global

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Omicron’s arrival in Beijing could lead to more supply chain disruption

Business & Investing: Fear returns to markets as investors turn bearish, and Kiwi dollar at three-month low against US dollar

Newsroom.co.nz

Richard Marles’ contentious China trip was praised by Coalition MP

Deputy Labor leader was joined in Beijing in 2019 by Ted O’Brien who wrote a positive testimonial of the study tour

The Guardian - AU

Global stocks fall amid fears of new Covid lockdowns in China

FTSE 100 drops by 141 points to 7380.5, its lowest close in more than five weeks

The Guardian - UK

China's Beijing city to expand mass COVID testing to more districts

Beijing will expand its mass COVID-19 testing campaign to another 10 districts and one economic development area from Tuesday to Saturday, an official for the Chinese capital said late on Monday.

Reuters

Xi puts ideology before economy with market-busting lockdowns

China’s worst equity selloff since early 2020 reflects a growing concern about President Xi Jinping: He can’t afford the political costs of shifting from a COVID Zero strategy that is pummeling the economy.

Tribune News Service

Several Major Chinese Banks to Cut Deposit Rates

A handful of major bank branches in Beijing have said that they will lower upper limit on interest rates for some fixed deposits by around 10 basis points, Caixin has learned

Caixin Global

FTSE 100: Markets tumble across the globe on China and Germany fears

Markets tumbled across the globe today on fears China is heading for a sharp slowdown and the expectation that America is poised to ratchet up interest rates.

Evening Standard

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The Independent UK

Beijing districts placed under lockdown as cases mount

China's capital Beijing has begun mass testing and shutting down residential and business districts amid a new outbreak of COVID-19

Evening Standard

Panic buying in Beijing amid fears of strict Covid lockdown

People are panic buying in Beijing amid fears the Chinese government could impose a strict lockdown on the city after a spike in Covid cases.

The Guardian - AU

Covid lockdown fears spark panic buying in Beijing as largest district begins mass testing

Residents hope to avoid Shanghai-style shortages as Chinese authorities rush to stamp out outbreak in the capital

Reuters

'Shanghai was a lesson': Beijing residents hit the stores amid COVID lockdown fears

A mass COVID-19 testing order in Beijing's biggest district prompted residents in the Chinese capital to stock up on groceries, fearing they could be destined for a lockdown similar to that of Shanghai, which entered a fourth week of bitter isolation.

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Asharq Al-Awsat

Beijing Covid Spike Prompts Mass Testing, Panic Buying

Fears of a hard Covid lockdown sparked panic buying in Beijing on Monday, as long queues for compulsory mass testing formed in a large central district of the Chinese capital. China is already trying to contain a wave of infections in its largest city Shanghai, which has been almost entirely…

The Independent UK

Japan to send envoy to Solomons amid worry over China pact

Japan is sending a vice foreign minister to the Solomon Islands amid worry over a security agreement it struck with China that could increase Beijing’s military influence

The Times of India

Lockdown jitters hit Beijing as Shanghai Covid deaths climb

BEIJING: China’s coronavirus outbreak worsened as rising cases in Beijing sparked jitters about an unprecedented lockdown of the capital, with policy makers racing to avert a Shanghai-style crisis that’s already wrought havoc on the financial hub.

Reuters

Beijing shoppers throng stores as district starts mass testing

Beijing residents snapped up food and other supplies as the city's biggest district began mass COVID-19 testing of all residents on Monday, prompting fears of a Shanghai-style lockdown after dozens of cases in the capital in recent days.

Tribune News Service

Chinese naval base in Solomons a ‘red line,’ Australian PM says

Australia Prime Minister Scott Morrison said a Chinese military base in the Solomon Islands would be a “red line” for his government, as he attempts to deflect criticism he did not move quickly enough to avoid a security agreement between Honiara and Beijing.

Al Jazeera

Game over? China’s game industry navigates post-crackdown era

Beijing is continuing its strict oversight of the gaming sector despite lifting nine-month freeze on new titles.

The Guardian - UK

The Guardian view on Ukraine and Taiwan: looking for lessons

Editorial: The Russian invasion – and resistance to it – are prompting reassessment in Beijing and Washington as well as in Taipei

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