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The Latest Breaking News from China

U.S. to push debt relief, Ukraine aid at G20 finance meeting in India

U.S. Treasury Secretary Janet Yellen will travel to India next week for G20 finance meetings that will focus on unblocking distressed-country debt restructuring, boosting support for Ukraine and reforming multilateral development banks.

Reuters

Lawmakers eye opportunities as Philippines base access expands - Roll Call

Lawmakers say the Pentagon’s new access to additional bases in the Philippines will boost its ability to deter Chinese aggression.

Roll Call

First Thing: latest objects shot down over US not linked to China, Biden says

‘Private companies’ conclusion likely to fuel criticism that downings were overreaction amid pressure over initial balloon discovery. Plus, there may be a reason you want to sleep more in winter

The Guardian - UK

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China top tech dealmaker goes missing amid graft crackdown

Shares of the company that operates one of China’s top investment banks, China Renaissance, plunged Friday after the firm said it had lost touch with its founder Bao Fan, one of the country’s most high-profile bankers

The Independent UK

Toyota bZ4X Price Cut By More Than $4,000 In China To Boost Sales

After the 15 percent price cut, the Toyota bZ4X now starts at just under $25,000 in China, making it way more affordable than in the US.

InsideEVs

China Green Bulletin: New Ford-CATL Battery Plant, Green Energy Capacity Trumps Coal

Chinese firms search the world for mining assets, Beijing promotes EVs in rural areas

Caixin Global

One of China’s top investment banks has a big problem: It can’t find its CEO

China Renaissance said it was "unable to contact" its CEO Bao Fan, sending shares plunging in Friday morning trading.

Fortune

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Militaries have sought to use spy balloons for centuries. The real enemy is the wind

The U.S. government suspects that China's surveillance balloon may have blown off course. It wouldn't be the first time.

WEKU

Hermes Beats Forecasts on Robust Growth in China, US

Birkin bagmaker Hermes said that wealthy Chinese clients snapped up its products in the fourth quarter even as the rest of the luxury sector took a hit from rising COVID infections, helping it beat sales and margin forecasts. Hermes also saw strong demand from Chinese clients across products during the…

Asharq Al-Awsat

Truss urges west to safeguard Taiwan security ‘before it’s too late’

In Tokyo speech to conservative lawmakers, former British PM issues warning about Chinese aggression

The Guardian - AU

Liz Truss’s delusional speech about China is digging the trenches of a second cold war

Does she really think Xi’s threats to Taiwan will be stopped by the sabre-rattling of the failed PM of a former colonial power? asks foreign affairs commentator Simon Tisdall

The Guardian - UK

France lifts Covid testing requirement for travellers from China

France has dropped Covid testing restrictions imposed on travellers from China, the French embassy in Beijing has announced.

Radio France Internationale

China’s Xi Plans ‘Peace Speech’ on Ukraine Invasion Anniversary, Italy Min Says

China's President Xi Jinping will deliver a "peace speech" on the anniversary of Russia's invasion of Ukraine, Italy's foreign minister said on Friday, citing top diplomat Wang Yi. Wang Yi "told me that Xi will deliver a peace speech on the anniversary of the invasion of Ukraine" on Feb. 24,…

Asharq Al-Awsat

Former Tory chairman makes bizarre sex joke as Liz Truss makes return in speech

Sir Jake Berry suggested interventions by former Prime Ministers should be "like sex in a long and happy relationship - infrequent but always anticipated with glee"

Daily Mirror

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Caixin Global

Boao Forum to Make Full Return as In-Person Event

Delegates from governments, businesses and academia will gather in the town of Boao on South China’s island province of Hainan starting March 28 to discuss deepening international cooperation in the post-Covid era

Reuters

China's Xi plans 'peace speech' on Ukraine invasion anniversary, Italy min says

China's President Xi Jinping will deliver a 'peace speech' on the anniversary of Russia's invasion of Ukraine, Italy's foreign minister said on Friday, citing top diplomat Wang Yi.

Asharq Al-Awsat

Chinese President to Visit Iran

Chinese President Xi Jinping will make a state visit to Iran, Beijing’s foreign ministry said Thursday, as a three-day trip to China by Iranian President Ebrahim Raisi drew to a close. The Chinese president “gladly accepted the invitation” by Raisi, said a joint statement by both countries, although no date…

Asharq Al-Awsat

Biden Says He Will Speak to China’s Xi about Balloon Incident

President Joe Biden said on Thursday he expects to speak with China's president, Xi Jinping, about what the United States says was a Chinese spy balloon that a US fighter jet shot down early this month after it transited the United States. "We are not looking for a new cold…

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Radio France Internationale

Security Conference opens with Ukraine and China but no Russia

On Friday, the German city of Munich will host its annual security conference, bringing together top politicians, defence specialists and contributors to both sides of the war in Ukraine. Russia will not be represented.

The Guardian - AU

Scott Morrison says he ran out of time to impose sanctions on China over human rights

Australia’s former PM urges new government to apply sanctions amid questions why he stopped short of taking such action when in power

Caixin Global

Shanghai Composite Index Fell 0.77% on Friday

Shenzhen Component Index closed down 1.61%

Reuters

Mongolian PM sees South Korea as customer and gateway for rare metals trade

Mongolia sees South Korea's high-tech industry and busy ports as an ideal customer as well as gateway to the wider world for copper and rare earth materials, Mongolian Prime Minister Luvsannamsrain Oyun-Erdene told Reuters on Friday.

The Independent UK

Liz Truss: learn lessons of Russian aggression and stand up to China now

Ms Truss was speaking in Japan in her first public speech since her resignation as prime minister.

The Guardian - AU

Top Pentagon official to visit Taiwan, report says, amid US-China tensions

Relations between Beijing and Washington have soured since the US accused China of sending a spy balloon into its airspace

France 24

Ukraine war exposes splits between Global North and South

Over the past year, most Global South countries adopted a position of studied neutrality on the war in Ukraine. Their self-interest over the principles of international law and stability ended up serving Russian interests and regional tyrants, but not their citizens, who comprise most of the world’s population.

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