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The Latest Breaking News from China

EU official warns of sanctions if China crosses 'red line' and arms Russia

It would be an absolute "red line" if China provided weapons to Russia, a senior European Union official said on Friday, adding that the EU would respond with sanctions.

Reuters

TikTok: Crack for users, crackdown for governments

Germany is the latest in a slew of governments to ban TikTok from officials' devices over security fears. But the highly addictive video scroller remains incredibly successful in Western countries, along with several other Chinese apps. It's more evidence that China has edged into top spot when it comes to…

France 24

Joe Biden meets Olaf Scholz in effort to keep Ukraine strategies aligned

German chancellor’s working visit to the White House focuses on continuing support for Kyiv

The Guardian - UK

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3 Chinese Stocks That Could Be Big Winners This Year

While it could be a good idea to invest in resurgent China that is prioritizing economic growth, the prospects of Alibaba (BABA) don’t seem certain enough. Hence, growing Chinese stocks Hello Group (MOMO), China Automotive Systems (CAAS), and Tarena International (TEDU) could be better bets instead. Continue reading….

StockNews.com

China: Tesla Model 3/Model Y Wholesale Sales Increased In February 2023

In February 2023, Tesla once again increased wholesale sales of Made-in-China (MIC) Model 3/Model Y electric cars in China.

InsideEVs

Ericsson to pay $206M for breaking US deal in bribery case

Swedish telecom equipment maker Ericsson has agreed to plead guilty to U.S. foreign corruption violations and pay more than $206 million for breaking a deal with the Justice Department over charges of bribery and falsifying records in countries from China to Kuwait

The Independent UK

South Africa is exporting more food. But it needs to find new growth frontiers

South African agricultural exports were up for the third consecutive year in 2022, reflecting favourable production conditions and higher commodity prices. The export numbers for the full year have not yet been published. I have calculated the annual data for 2022 using quarterly trade export statistics published by Trade Map,…

The Conversation

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China leads global competition for emerging technology, study shows

China has a "stunning lead" over the West in most critical and emerging technologies, a security thinktank has found after tracking defence, space, energy and biotechnology.

Radio France Internationale

Battered Ukraine force all but surrounded in bloody rubble of Bakhmut

Russian troops and mercenaries have been closing off the last access routes to the besieged Ukrainian city of Bakhmut, on the cusp of Moscow's first major

The New Daily

Lavrov says Russia will ‘no longer rely’ on West for energy trade as Moscow pivots to India and China

Russia and China ‘wanted to include Nord Stream sabotage issue in G20 communique’

The Independent UK

FBI director believes lab leak theory

The director of the FBI, Christopher Wray, fanned the flames of speculation that blame the Chinese government

Salon

Martin Schram: A one-China policy can be win-win for all

Tweets and texts were popping all over the place on Wednesday. Not only were China’s economic experts surprised — but their leaders were actually satisfied.

Tribune News Service

China accuses US of attacking companies after export curbs

China has accused Washington of improperly attacking Chinese companies after genetics analysis giant BGI Group and 17 others were hit with curbs on access to U.S. technology on security or human rights grounds

The Independent UK

Caixin China New Economy Index Expands on Surge in Capital Investment

The gauge that tracks the size of high value-added industries such as biotech rose 1.2 points to 29.5 in February

Caixin Global

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WEKU

The Chinese balloon saga could be part of a new space race closer to Earth

China has put new focus on airships hovering in a part of the sky just before outer space. Although Beijing says they're scientific, analysts say the data helps the country develop advanced weapons.

The Independent UK

AP News Digest 3:30 a.m.

Here are the AP’s latest coverage plans, top stories and promotable content. All times EST. For up-to-the minute information on AP’s coverage, visit Coverage Plan.

Asharq Al-Awsat

Biden, Scholz to Huddle on Ukraine War at White House

German Chancellor Olaf Scholz is visiting the White House on Friday for a private meeting with President Joe Biden as both allies become increasingly vocal about their concerns that China may step off the sidelines and supply weapons to Russia for its invasion of Ukraine. Such a step could dramatically…

Asharq Al-Awsat

Egypt’s Mayar Sherif Rallies to Reach Monterrey Quarters

Seventh-seeded Mayar Sherif of Egypt saved two match points while rallying for a 3-6, 7-6 (6), 6-4 win over China's Xinyu Wang on Thursday in the second round of the Abierto GNP Seguros in Monterrey, Mexico. Wang served for the match at 6-5 of the second set, but Sherif broke…

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Bangkok Post

Taiwan wary of China charm offensive ahead of presidential vote

TAIPEI: Taiwan's government believes China is set to renew a charm offensive targeting "opinion leaders" to win hearts and minds as the island gears up for a presidential election in less than a year, a security agency said in an internal report.

Caixin Global

NPC Preview: Supporting Growth as the Top Priority

We expect the meeting to set the GDP growth target at ‘around 5%’ with supportive macro policies, including a higher headline fiscal deficit, small increase of new special local government bond quota and more property policy easing, the bank’s chief China economist Wang Tao says

Asharq Al-Awsat

Battle for Bakhmut Rages 'Round the Clock'; US Readies $400 Mln New Arms Aid for Ukraine

Ukrainian forces clinging to the eastern city of Bakhmut dug new trenches in an attempt to hold back Russian attackers, as the United States said new military aid for Ukraine would be discussed at a meeting with Germany's leader on Friday. Russian forces have been attacking Bakhmut in Donetsk province…

Asharq Al-Awsat

US Treasury Imposes New Sanctions on Iranian Companies

The United States imposed new sanctions Thursday on Iran-linked shipping and petrochemical companies, including two shipping firms based in China. The sanctions also target 20 shipping vessels linked to firms in China, Vietnam, and the United Arab Emirates, the Treasury Department's website showed. The sanctions were issued under a 2018…

France 24

Russians pound last access routes to Ukraine's besieged Bakhmut

Russia said on Friday it would take measures to prevent new border incursions, a day after accusing Ukraine-backed nationalists of killing two people in a cross-border raid in southern Russia. Russian President Vladimir Putin later on Friday told the Russian security council it needed to take up new "anti-terrorism measures"…

Caixin Global

Shanghai Composite Index Rose 0.54% on Friday

Shenzhen Component Index finished nearly flat

The Independent UK

Quad FMs, wary of China's might, push Indo-Pacific option

The top diplomats of Australia, India, Japan and the United States say their Indo-Pacific-focused bloc is not aimed at China, but their latest words reflect growing unease over China's influence in the region

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