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The Latest Breaking News from China

Davos 2023: Outlook brighter than feared, fraught with risks

The year ahead looks better than feared for the global economy but remains fraught with risks including escalation of the conflict in Ukraine and the emergence of a transatlantic trade war, the World Economic Forum's final panel concluded.

Reuters

Tibet avalanche: At least 20 dead and eight buried alive after disaster hits motorway

The majority of the victims of the crushing avalanche were Tibetans heading back to their mountain homes ahead of the Lunar New Year celebrations in China, which are set to begin on Sunday

Daily Mirror

UK judge rejects Uyghur bid to halt Xinjiang cotton imports

A British judge has rejected a lawsuit that accused the U.K. government of allowing the import of cotton products associated with forced labor in China’s Xinjiang region

The Independent UK

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The 3 Best China Stocks to Watch

After an end to a challenging year, the Chinese abandoned its strict zero-Covid policy despite the country facing a surge in infections. This year, a sharp rebound in the economy is expected due to its reopening. Therefore, it could be an opportune time to add fundamentally strong Chinese stocks Hello…

StockNews.com

In Senegal, Yellen talks about future of US-Africa relations

U.S. Treasury Secretary Janet Yellen is visiting Senegal with a message about the future of U.S.-Africa relations

The Independent UK

Avatar inspired by stunning real world 'floating' mountains and towering cliffs

A taste of Pandora, the world in Avatar, can not only be had at Disney's Animal Kingdom theme park at the Walt Disney World Resort in Bay Lake, Florida, but also in China's Zhangjiajie National Forest Park

Daily Mirror

‘The last generation’: the young Chinese people vowing not to have children

Negative population growth that arrived a decade before forecasts has been exacerbated by Covid and restrictive government policies

The Guardian - UK

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Treasury Secretary Janet Yellen shames Russia and China in Africa speech

She cited the war in Ukraine as the leading cause of African misery.

Axios

Uyghur group loses legal challenge over cotton imports from Chinese labour camps

The World Uyghur Congress brought a claim against the Home Secretary, HMRC and the National Crime Agency.

The Independent UK

This Chinese billionaire has lost $39 billion from his personal fortune

The real estate mogul has also been removed from high profile political networks.

Fortune

Ex-China Life Chairman Charged for Bribery, Concealing Overseas Deposits

Wang Bin’s alleged misconduct stretches back to his time at state-owned lenders the Agricultural Development Bank of China and Bank of Communications

Caixin Global

240 flights from China due over holiday

About 240 flights from China to Thailand are expected during the Chinese New Year holiday from Jan 19-25, or an average of 34 per day, boosting the tourism sector, according to Aeronautical Radio of Thailand Ltd (Aerothai).

Bangkok Post

The new frontier in the US war on TikTok: university campuses

Experts say banning the app over college networks will not stop students from accessing it over cellular data

The Guardian - US

Taiwan president thanks military in new year's message

Taiwan President Tsai Ing-wen thanked the armed forces for defending the island in her Lunar New Year message on Friday, saying the government had safeguarded peace in the face of China's military drills and pressure.

Reuters

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Bangkok Post

China okays group tours to Thailand

BEIJING: China will allow overseas group tours to resume to 20 countries including Thailand, the Ministry of Culture and Tourism said on Friday.

Bangkok Post

Thai AirAsia gears up for China revival

The budget carrier Thai AirAsia is preparing its pilots and cabin crew for the return of Chinese tourists, previously its largest customer group, as the airline resumes routes across China.

Daily Mirror

The mirrors, that are made in China, present a risk of injuries due to the potential for the wall fitting to break and the mirror to fall. If you have one return it to IKEA

Reuters

Sri Lanka expects financing assurances from China for IMF deal within days

Sri Lanka expects to get China's backing for its debt restructuring plan within days to help unlock a $2.9 billion loan from the International Monetary Fund, a government official said on Friday, as India pledged further support to its crisis-stricken southern neighbour.

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Caixin Global

Ex-Manager of China’s Semiconductor ‘Big Fund’ Handed Over to Prosecutors

Lu Jun, who headed the firm in charge of the country’s biggest state-run chip investment vehicle, is suspected of taking bribes, embezzling public funds and abusing his position

Reuters

As COVID surged in China, so did spending by funeral providers

A funeral parlour in the Chinese city of Shantou published a tender recently for an "emergency purchase" of two cremation ovens, according to a government procurement database, one of several indications of COVID-19's deadly toll.

Caixin Global

Shanghai Composite Index Rose 0.76% on Friday

Shenzhen Component Index closed up 0.57%

Liverpool Echo

Once a great hope, Liverpool's Chinatown is at a dead end

Liverpool is home to the oldest Chinese community in Europe, but many feel broken promises and decades of decline mean it no longer lives up to its magnificent archway

Zenger

Flame Resistant Cotton Could Be On Horizon

Cotton plants from fields in India, China and the US - the world's top three producers - all grow, flower and produce cotton fiber

Bangkok Post

Vietnam succession battle heats up after president’s ouster

HANOI: Over the past few years, Vietnamese Communist Party Chief Nguyen Phu Trong has won praise from investors for removing corrupt officials. Now as some big names fall, it is becoming clear his campaign serves another purpose: strengthening his hand in choosing a successor.

The Independent UK

China keeping 1 hour daily limit on kids' online games

As the week-long Lunar New Year holidays in China draws near, children have something more than just feasts and red envelop presents of cash to look forward to -– one extra hour of online games each day

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