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The Latest Breaking News from China

Forget Big Tech—Emerging market stocks will be the leaders of the next decade as India takes China's thunder, Morgan Stanley IM says

China is “at the eye of a de-globalization storm,” JPMorgan’s emerging markets specialist Jitania Kandhari said Tuesday—and India may be the biggest beneficiary. “Everything that is not working for China is working for India.”

Fortune

China restarts overseas group tours but leaves Australia off the destination list

After Australia imposed additional COVID-19 testing requirements on travellers from China, Beijing has left Australia off a list of 20 countries Chinese travellers on guided group tours can visit.

ABC News

Broad focus planned for revamped COVID panel under GOP majority - Roll Call

The panel's new chairman wants an “after-action review” but also plans work on the origins of the coronavirus.

Roll Call

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Brazil's Lula proposes Mercosur trade deal with China after EU accord

Brazilian President Luiz Inacio Lula da Silva said on Wednesday that he favored an agreement between Mercosur and China in a plan to modernize and open the South American trade bloc to other regions.

Reuters

3 Potentially Explosive Energy Stocks to Buy in 2023

The energy industry is well-positioned for considerable growth this year, driven by sustained energy demand and increasing oil prices amid the lifting of China’s Covid restrictions. Hence, potentially explosive energy stocks Valero Energy (VLO), APA Corporation (APA), and Berry Corporation (BRY) could be wise additions to your portfolio this year.…

StockNews.com

City where temperatures plummet to -53C and you can get frostbite in MINUTES

Close to the Russian border, the northern Chinese city of Mohe is not a stranger to cold climes with winter periods usually lasting eight months but this record-breaking spell reached -53C

Daily Mirror

3 Stable Stocks to Buy This Week for Under $50

Despite the headline inflation cooling down, the Fed will likely continue raising interest rates to meet its inflation target. Moreover, S&P 500 earnings are estimated to have declined in the last quarter. Amid the uncertainties, investors should consider buying fundamentally strong and stable stocks Daikin Industries (DKILY), Takeda (TAK), and…

StockNews.com

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Inside cruel China fur farms where animals born to die for fashion live in filthy cages

More than 100 million animals - including mink, fox, raccoon dog, chinchilla and rabbit - are killed each year for their fur, with the creatures typically living in filthy, one-metre squared battery cages

Daily Mirror

China: Covid cases peaked at 7m daily

HONG KONG: China’s daily new Covid-19 infections hit a peak of more than 7 million per day around Dec 22, while deaths reached a daily peak of more than 4,000 on Jan 4, the country’s Centre for Disease Control and Prevention said on Wednesday.

Bangkok Post

China Infesting Settlements Of Villages Across China-Bhutan Border: Report

China, despite its promises of attempting to settle border disputes with Bhutan, has been infesting settlements of villages across the disputed regions, Kathmandu-based online magazine Epardafas reported. Read full story on Dynamite News:

Dynamite News

‘Cope with your own debt’, China tells US over Zambia debt relief

Washington and Beijing are vying for influence in Africa, where Chinese banks are major lenders.

Al Jazeera

Sri Lanka says debt-restructuring talks making progress

Debt-stricken Sri Lanka’s Central Bank chief says the country is making good progress in talks with its creditors to obtain financial assurances for debt restructuring, an important step toward finalizing an International Monetary Fund rescue plan

The Independent UK

Honda Creates EV Unit To Speed Up Electrification, Cuts Sales Regions

The new division is called Electrification Business Development Operations, aimed at consolidating Honda's electrification strategy across all product areas.

InsideEVs

China says COVID deaths, severe cases have fallen over 70% since peak

Critically ill COVID-19 cases in China are down 72% from a peak early this month while daily deaths among COVID-19 patients in hospitals have dropped 79% from their peak, the Center for Disease Control and Prevention said on Wednesday.

Reuters

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Al Jazeera

China, India firms dropped by Norway fund over Myanmar weapons

Norway’s sovereign wealth fund, the world’s largest, has divested from the two firms over sales of weaponry to Myanmar.

Fortune

U.S. ranks below China, Latvia, and Mauritius for women’s health

As it turns out, money can’t buy happiness - or health. Despite spending the most on healthcare, the U.S. doesn't rank highly for women's health.

Bangkok Post

World’s biggest fund cuts more firms linked to Myanmar

Norway’s sovereign wealth fund, the world’s biggest, has dropped two companies from China and India for selling weapons to Myanmar, the Norwegian central bank said on Wednesday.

Motor1

Ford To Sell German Factory To China's BYD: Report

The company wants to save the Saarlouis plant.

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France 24

North Korea locks down capital due to ‘respiratory illness’ outbreak

North Korea has ordered a five-day lockdown in the capital over "respiratory illness", a report said Wednesday, in what appears to be the first citywide restrictions since the country declared victory over Covid-19 in August 2022.

The Independent UK

The AP Interview Takeaways: The Pope on "patience" in China

Pope Francis says continued dialogue with Chinese authorities is a guiding principle in his efforts to safeguard his flock who are a small minority in that Asian nation

Asharq Al-Awsat

US Increases Pressure on China to Stop Iran Oil

The US said it will increase pressure on China to stop buying Iranian oil, as the White House seeks to enforce sanctions aimed at curbing the Iran's nuclear activities. This comes two weeks before the anticipated visit of US Secretary of State Antony Blinken to Beijing. “China is the main…

The Guardian - AU

Japan and North Korea sound warning as deadly cold snap sweeps across Asia

Extreme weather kills at least one person in Japan and more than 100 in Afghanistan while parts of China hit record low temperatures

Bangkok Post

Baht down ahead of policy decision

Asian emerging markets trickled back to life on Wednesday after the Lunar New Year holiday, with the baht dipping ahead of a central bank policy rate decision, while Singapore shares hit a near nine-month high ahead of inflation data.

The Independent UK

China uses US debt battle to deflect pressure on Africa debt

The Chinese government says the U.S. should stop pressuring it on debt relief for Zambia and get its own financial house in order to avert a default and the possible fallout on the global economy

The Independent UK

Asia travel hotspots quiet as Chinese tourists stay away

The beaches and temples of Asian travel hotspots like Bali and Chiang Mai are the busiest they've been since the pandemic struck three years ago, but they're still relatively quiet

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