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The Latest Breaking News from Beijing

Beijing closes 15% of metro network amid fears of Covid breakout

Up to 15 per cent of the metro has been closed while a further 150 bus routes will also be shut.

Evening Standard

DiDi Faces Double Whammy Of US, China Investigations

The U.S. SEC is probing DiDi Global Inc's (NYSE:DIDI) botched U.S. IPO, the Financial Times reports. DiDi's annual report disclosed that "the SEC contacted us and made inquiries in relation to the offering." DiDi President Jean Liu also made her posts on the Chinese social media platform Weibo Corporation (NASDAQ:WB) invisible to her 10 million…

Benzinga

Beijing imposes new transit restrictions in bid to contain COVID

As Omicron spreads, officials in China’s capital city are trying to avoid the kind of mass lockdown seen in Shanghai.

Al Jazeera

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Beijing Closes Dozens of Subway Stations as Covid Controls Tighten

Beijing closed dozens of subway stations on Wednesday, as Covid restrictions slowly constrict movement across the Chinese capital of over 21 million people.

Asharq Al-Awsat

Beijing closes 10% of subway stations to stem COVID spread

Beijing is closing some 10% of the stations in its vast subway system as an additional measure against the spread of coronavirus

The Independent UK

Beijing reopens mass isolation centre in fight against Covid

Chinese capital ramps up efforts to control Omicron outbreak and avoid lockdowns

The Guardian - AU

Beijing steps up COVID curbs as virus spreads in China

Beijing shut scores of metro stations and bus routes and extended COVID-19 curbs on many public venues on Wednesday, focusing efforts to avoid the fate of Shanghai, where millions have been under strict lockdown for more than a month.

Reuters

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Beijing Postpones School Reopenings on Virus Concerns

Labor Day holiday extended by a week for students until May 11 as number of Covid cases in flare-up reaches 453 in 10 days

Caixin Global

Full Truck Alliance Shift Up a Gear on Regulatory Easing Reports

Key Takeways: Full Truck Alliance shares are up 60% from a mid-March low, including a 32% gain since Friday, on reports that Beijing may ease its regulatory oversight of big tech companies Company is currently undergoing a data security review and said its business could contract in the second quarter…

Benzinga

Oil Slips on China Demand Worries, While EU Weighs Russia Oil Ban

Oil slipped about 1% on Tuesday as concerns about the demand outlook due to prolonged COVID lockdowns in China outweighed support from a possible European oil embargo on Russia over its actions in Ukraine. Beijing, reporting dozens of new cases daily, is mass-testing residents to avert a lockdown similar to…

Asharq Al-Awsat

Fitch Cuts China's 2022 GDP Forecast on COVID Hit

Fitch said on Tuesday it has cut China's GDP growth forecast for 2022 to 4.3% from 4.8%, saying pandemic-related disruptions have had an impact on the country's economy in the first two quarters of the year. The rating agency said it stills expects a quarter-over-quarter GDP contraction in the second…

Asharq Al-Awsat

Beijing to postpone school reopening for at least one week after labour day holiday

Beijing will postpone school reopening for at least one week after the labour day holiday, an official said at a press briefing on Tuesday.

Reuters

US Relieved as China Appears to Heed Warnings on Russia

Two months after warning that Beijing appeared poised to help Russia in its fight against Ukraine, senior US officials say they have not detected overt Chinese military and economic support, a welcome development in the tense US-China relationship. US officials told Reuters in recent days they remain wary about China's…

Asharq Al-Awsat

U.S. relieved as China appears to heed warnings on Russia

Two months after warning that Beijing appeared poised to help Russia in its fight against Ukraine, senior U.S. officials say they have not detected overt Chinese military and economic support, a welcome development in the tense U.S.-China relationship.

Reuters

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Reuters

China envoy vows to play 'constructive role' amid tensions on Korean peninsula

China remains committed to playing a constructive role in resolving the North Korea nuclear issue, Beijing's Korean affairs envoy said on Tuesday, a week after the North vowed to develop its nuclear forces "at the fastest possible speed".

Reuters

Some in Shanghai get out for a rare stroll; Beijing tightens COVID curbs

Some of Shanghai's 25 million people managed to get out on Tuesday for short walks and shopping after enduring more than a month under a COVID-19 lockdown, while China's capital, Beijing, focused on mass tests and said it would keep schools closed.

The Times of India

Elon Musk's grand vision for Twitter faces reality check in Asia

SAN FRANCISCO: For all the furor about which way Elon Musk might tilt US political discourse after getting the keys to Twitter Inc, his biggest challenges may emerge across the Pacific.

The Independent UK

Beijing preps COVID-19 hospital spaces, though new cases low

Beijing is preparing new hospital facilities to deal with a spike in COVID-19 cases, even though the numbers of new cases remain low

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news in one place.

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Al Jazeera

‘Not a businessman’: Hong Kong’s next chief faces test on economy

John Lee to take over business hub as economy languishes after two years of political crackdowns and pandemic controls.

Tribune News Service

Musk’s grand vision for Twitter faces reality check in Asia

For all the furor about which way Elon Musk might tilt U.S. political discourse after getting the keys to Twitter Inc., his biggest challenges may emerge across the Pacific.

Reuters

China backs Sri Lanka's decision to work with IMF to restructure debt

China supports crisis-hit Sri Lanka's decision to work with the International Monetary Fund (IMF) to restructure its debt, Beijing's ambassador Qi Zhenhong told Sri Lankan Finance Minister Ali Sabry at a meeting on Monday.

The Hindu

Indian professionals in China urge Jaishankar to press Chinese govt. to permit return of their families

“The work for Indian students’ return has already been started.” Chinese Foreign Ministry spokesman Zhao Lijian

Daily Mirror

Man convinced he has Covid seals himself inside car creating makeshift quarantine unit

The unnamed Beijing resident took self-isolation to the extreme when he shut himself inside his car upon learning he'd been exposed to coronavirus, not even opening the door to get food

Reuters

Setback for Shanghai's COVID battle as Beijing ramps up mass testing

China's commercial capital of Shanghai was dealt a blow on Monday as authorities reported 58 new COVID-19 cases outside areas under strict lockdown, while Beijing pressed on with testing millions of people on a May Day holiday few were celebrating.

Reuters

Beijing concerned with rising North Korea tensions, envoy says in Seoul

Beijing is concerned about the tense situation on the Korean peninsula, China's Korean affairs envoy said as he arrived for talks in Seoul this week, adding that both the symptoms and root cause of tensions needed to be addressed.

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