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The Latest Breaking News from China

Elon Musk’s Starlink has inspired Taiwan to build a similar satellite system to the one Ukraine is using in its war with Russia

“Our primary concern…is facilitating the societal resilience,” Audrey Tang, Taiwan’s digital affairs minister, told the FT.

Fortune

Adam Tooze: Washington Is Undermining the Trade System It Helped Build

The World Trade Organization nears a breaking point over U.S. tariffs against China.

Foreign Policy

Hermes Expands in Nanjing as Luxury Industry Bets on Chinese Return

Birkin bag maker Hermes is opening a new, enlarged store in China's Nanjing city, signaling the luxury industry's confidence in a strong return of Chinese shoppers after three years of tough COVID-19 restrictions. Hermes, which first opened a store in the city in 2010, has now relocated to the upscale…

Asharq Al-Awsat

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China accused of under-reporting Covid cases and deaths

In China, there are fears not just of a Covid wave but maybe a tsunami. Funeral parlours are overwhelmed and hospitals are packed with elderly patients on respirators. This comes after the lifting of China's zero-Covid restrictions following protests. The World Health Organization, meanwhile, is pointing the finger, saying China's…

France 24

American Democracy Is Still in Danger

American democracy must be protected from enemies foreign and domestic.

Foreign Affairs

Boy, 12, forced to have surgery after getting thermometer stuck up his penis

The 12-year-old boy, from Chengdu in central China, told doctors he put the thermometer up his penis while masturbating out of "curiosity" and because he "lacked sex education"

Daily Mirror

Shuyi Xu: Appeal to find missing teenager from China last seen in Barnet

The Met Police has launched an appeal to find a 17-year-old girl last seen in north London.

Evening Standard

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The Missing Minerals

To shift to clean energy, America must rethink supply chains.

Foreign Affairs

China forecasts 2.1bn holiday-season trips

BEIJING: The Chinese government says it expects about 2.1 billion domestic journeys to be made in the country over a 40-day travel season that includes the weeklong Lunar New Year holidays beginning Jan 21, amid fears the large-scale human migration could further spread Covid-19.

Bangkok Post

With Tesla trailing in China, Musk unleashes price war with Warren Buffett’s BYD

Tesla is slashing prices in China for a second time since late October, as BYD is widening its lead.

Fortune

Top international news developments of the day

The United States will expand Trump-era restrictions to rapidly expel Cuban, Nicaraguan and Haitian migrants caught illegally crossing the US-Mexico border, President Joe Biden said on Thursday in his first major speech on border security.

The Times of India

Job cuts and falling shares: how did it all go so wrong for the US tech sector?

As Amazon axes 18,000 roles and Tesla loses 65% of its value, we examine the causes of the glitch hitting Silicon Valley

The Guardian - UK

US keeps offering China its COVID vaccines. China keeps saying no

China has rebuffed repeated U.S. offers to share advanced vaccines as Beijing battles a fast-spreading wave of COVID-19, a rejection that’s led to growing frustration among American officials concerned about a resurgence of the pandemic.

Tribune News Service

China's COVID situation is dire – but it shouldn't pose a big risk to other countries

China is currently in the midst of a severe wave of COVID infections and deaths. We don’t know exactly how bad it is because of significant gaps in official reporting, but by all indications, things are dire. News reports suggest hospitals and mortuaries are overflowing.

The Conversation

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Caixin Global

China’s CIC Crowned World’s Largest Sovereign Fund

China Investment Corp. added $129 billion in assets last year, taking its total portfolio to $1.35 trillion

Caixin Global

China’s AIA, PICC Among Insurers Called Out for Inaccurate Data

The insurance firms get named and shamed after probes into their solvency reporting

Reuters

Former PICC P&C president expelled from Chinese Communist Party

China's anti-graft watchdog said on Friday that the former president of insurer PICC Property and Casualty Co had been expelled from the Communist Party and dismissed from the company for severe violations of law and discipline.

The Japan News/Yomiuri

Japan, Britain to sign defense pact, eyeing Russia, China

Japan and Britain plan to sign a Reciprocal Access Agreement (RAA) when Prime Minister Fumio Kishida visits Britain next week, according to government sources.

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France 24

China's Lunar New Year travel set to double from last year

China is gearing up for the Lunar New Year, which falls on January 22. The New Year travel rush, known as "Chunyun", begins this weekend. Authorities estimate that 2.1 billion passenger trips will be made during the period, doubling from last year. But the travel rush is set to be…

Fortune

How A.I. can make the Global South more competitive

Far-sighted companies can boost prosperity and shrink poverty in the Global South by unleashing A.I.’s full power.

Fortune

CEO Daily: An earlier COVID peak could be good for China's economy

Investors seem convinced that China's economy is turning a corner after Beijing's COVID-zero policy dragged down growth.

The Times of India

Chinese firm signs deal with Taliban to produce oil in Afghanistan

KABUL: The Taliban-led administration in Afghanistan signed its first international contract Thursday to extract oil from the northern Amu Darya basin as the beleaguered group seeks to increase revenue.

Wales Online

Young people in China deliberately infecting themselves with Covid

It comes amid an explosion of cases in the country

WEKU

Biden's national security adviser is hopeful war over Taiwan can be prevented

In an exclusive interview at the White House, Jake Sullivan spoke with NPR's Steve Inskeep. They discussed China-Taiwan tensions, the war in Ukraine, and his upcoming trip to Israel.

France 24

China seeks to minimise Covid outbreak during Lunar New Year travel rush

China is seeking to minimize the possibility of a major new COVID-19 outbreak during this month’s Lunar New Year travel rush following the end of most pandemic containment measures.

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