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The Latest Breaking News from China

Analysis: Renewed Saudi-Iranian ties, brokered by China, force new calculations in Mideast

BEIRUT — The surprise announcement of a resumption of diplomatic ties between Saudi Arabia and Iran, thanks to a deal brokered by Beijing, underscores regional governments’ interest in a de-escalation of tensions — and China’s willingness to wield its economic clout to achieve it.

Los Angeles Times

Republicans quietly drop House investigation into Trump finances

‘I know exactly what I’m investigating: money the Bidens received from China,’ House Oversight & Accountability Chairman James Comer says

The Independent UK

Samsung Seeks to Make South Korea No. 1 Chipmaker with $230B Investment Over 20 Years

Samsung on Wednesday unveiled their plan to invest $230 billion over the next 20 years in a new semiconductor production mega cluster in South Korea. The country's government believes that the new chip manufacturing site and the expansion of existing fabs will make South Korea the world's largest producer of…

AnandTech

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U.S. arrests a Chinese business tycoon in a $1 billion fraud conspiracy

Guo Wengui, long sought by the government of China and known for cultivating ties to Trump administration figures including Steve Bannon, was arrested on charges that he oversaw a fraud conspiracy.

WEKU

‘Gargantuan’: China fossils reveal 70-tonne dinosaur had 15-metre neck

Analysis of bones found in 1987 suggest Jurassic-era sauropod was animal with longest known neck

The Guardian - UK

Downing of US drone in Russian jet encounter prompts counter claims of violations in the sky – an international law expert explores the arguments

The details are disputed, but either way the result was the same: On March 14, 2023, a U.S. drone crashed into the Black Sea after an encounter with Russian aircraft.

The Conversation

China disputes Japan's territorial claims over disputed waters in East China Sea

China's foreign ministry on Thursday countered Japan's territorial claims over disputed waters in the East China Sea, calling the move a "grave violation" of Chinese sovereignty.

Reuters

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Chinese businessman arrested in $1 billion fraud conspiracy

A self-exiled Chinese businessman has been arrested in New York on charges alleging that he oversaw a $1 billion fraud conspiracy

The Independent UK

2023 Spring Statement brings 'enhanced' tax incentives to tech SMBs

UK chancellor Jeremy Hunt said the government plans to introduce tax incentives for UK-based small and medium-sized businesses (SMBs) as part of a broader set of plans to boost the UK's technology sector. Delivering the government's 2023 Spring Statement to the House of Commons on Wednesday, Hunt said the incentives…

IT Pro

China, Russia, Iran conduct four-day naval exercises in Gulf of Oman

China, Iran and Russia are conducting joint naval exercises in the Gulf of Oman from March 15-19, the Chinese and Russian defence ministries said on Wednesday.

Reuters

Gap in data complicates legislation to keep China off US farms - Roll Call

Lawmakers are sounding national security alarms about foreign buyers acquiring control of U.S. farm and forest land.

Roll Call

UK expected to ban TikTok from government mobile phones

Ban on Chinese owned video-sharing app marks U-turn from previous relaxed position

The Guardian - UK

PV Sindhu knocked out in first round of All England Championships

NEW DELHI: Ace Indian shuttler PV Sindhu's dismal run continued as she made a shocking first round exit from the All England Championships after losing to Zhang Yi Man of China in straight games in Birmingham on Wednesday.

The Times of India

EU eyes more naval visits in disputed South China Sea

A European Union official says the 27-member bloc wants to step up its naval visits and possibly engage in joint military training exercises to promote freedom of navigation and respect for international law in the disputed South China Sea

The Independent UK

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The Independent UK

US recognises Arunachal Pradesh as part of India and condemns China’s attempts ‘to change status quo’

China claims the northeastern state as its own and calls it ‘Zangnan’ or ‘South Tibet’

The Independent UK

Honduras seeks to establish diplomatic relations with China in blow for Taiwan

President expresses intention to ‘expand frontiers freely’

Caixin Global

China’s Excavator-Makers Unearth Growing Business Abroad

Exports of the construction equipment rose 14.9% in the first two months of the year, overtaking the domestic market

The Independent UK

China, Russia, Iran hold joint naval drills in Gulf of Oman

China's Defense Ministry says Chinese, Iranian and Russian naval forces are staging joint drills in the Gulf of Oman near the mouth of the strategic Persian Gulf this week

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The New Daily

Showdown over subs triggers fight among Labor’s faithful

Paul Keating has delivered a full frontal attack on Prime Minister Anthony Albanese and condemned the nuclear submarine.

Daily Mirror

Jeremy Hunt's bizarre blunder where he mistakenly called his Chinese wife 'Japanese'

As Jeremy Hunt announces the budget today, we look back at the time he made a bizarre blunder when he referred to his Chinese wife as "Japanese" while on a trip to China in 2018

Caixin Global

Opinion: Internationalizing the Yuan Is Not Easy, but China Is Pulling Out All the Stops

Beijing is using policy support, a large financial market, stable currency value and increasing exchange rate flexibility to make the renminbi a currency of choice in global markets

The News Lens

U.S. Military Presence in Taiwan and Philippines to Alter Balance of Power in the Indo-Pacific

Just as it’s helping Ukraine defend itself against Russian invasion by coordinating European allies, the U.S. is flexing both its military and diplomatic strength in the Indo-Pacific to hedge against China’s war plans.

France 24

Ohio sues Norfolk Southern rail company over derailment

After a disastrous derailment in East Palestine, Ohio on February 3, the US state's attorney general has filed a lawsuit against the Norfolk Southern rail company, saying it prioritises profits over people. The state is seeking to hold the railroad financially accountable for the accident. Also in this edition, media…

InsideEVs

2023 XPeng P7i Facelift Adds Range, Performance, And Tech Upgrades

XPeng will start customer deliveries of the P7i in China this month, with prices starting from $36,230 for the base 702Pro rear-wheel-drive model.

Chicago Tribune

Commentary: China gets the credit for improving Iran-Saudi Arabia ties — but the US benefits

There was a time, only a few short years ago, when Saudi Arabia’s Crown Prince Mohammed bin Salman thought Iran’s supreme leader, Ayatollah Ali Khamenei, was worse than Adolf Hitler. “I believe that the Iranian supreme leader makes Hitler look good,” Prince Mohammed told The Atlantic’s Jeffrey Goldberg in a…

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