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The Latest Breaking News from China

China to take ‘golden shares’ in tech firms Alibaba and Tencent

Move marks shift in focus by Beijing as it tries to extend influence and keep sector in check

The Guardian - UK

China eyes rule on office machines contradicting stance in WTO talks

GENEVA / BEIJING -- China has done an about-face since an October 2022 World Trade Organization meeting in which it clearly stated that it would not revise its standards to require office equipment such as multifunction printers to be designed and developed in China, it has been learned.

The Japan News/Yomiuri

Japan, U.S. shift focus to defense of Nansei Islands

WASHINGTON -- A clear takeaway from the latest 2-plus-2 talks of the Japanese and U.S. foreign and defense ministers was the shift toward reinforcing the defense of the Nansei Islands.

The Japan News/Yomiuri

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Uganda drops Chinese firm from railway deal, eyes Turkish rival

Uganda has terminated its contract with a Chinese firm China Harbour and Engineering Company Ltd (CHEC) to build a railway to the Kenyan border and is now considering a deal with a Turkish company, a senior official told Reuters on Friday.

Reuters

Chinese flock to Hong Kong to get private Covid booster shots

Travel packages also advertised in Macau as interest grows in mRNA vaccines unavailable on mainland

The Guardian - UK

Japan doubles down on defense and U.S. alliance with an eye on China

Japan plans to double defense spending and deepen cooperation with the U.S.

Axios

EV maker BYD expanding in Vietnam

HANOI: The Chinese electric vehicle (EV) maker BYD Auto Co is reportedly planning to build a plant in Vietnam to produce car parts, which would complement an EV production plant scheduled to open next year in Thailand.

Bangkok Post

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China COVID Peak to Last 2-3 Months, Hit Rural Areas Next, Says Expert

The peak of China's COVID-19 wave is expected to last two to three months, and will soon swell over the vast countryside where medical resources are relatively scarce, a top Chinese epidemiologist has said. Infections are expected to surge in rural areas as hundreds of millions travel to their home…

Asharq Al-Awsat

Health officials urge China's travelers to avoid visiting their elderly parents during Chinese New Year

China's transit system is expected to carry over 2 billion passengers over the Chinese New Year holiday period.

Fortune

About 490,000 exit, entry trips made daily in China since Jan. 8

About 490,000 entry and exit trips were made to and from China daily between Jan. 8-12 after the country reopened its borders, an official from the country's immigration bureau told a news briefing on Friday.

Reuters

Guru Weekly's Buzz for Jan 13 to 19

Guru by Bangkok Post's pick of the most exciting products, activities, art exhibitions, shows, food and hotel deals.

Bangkok Post

China, U.S. Climate Envoys Agree to Keep Working on Climate Change

Xie Zhenhua and John Kerry discuss multilateral solutions to tackle the global problem

Caixin Global

Family members reunite in China after 3-year COVID separation

Chu Wenhong would fly back to Shanghai and visit her parents at least once a year after she moved to Singapore in 1994.

Reuters

China’s Covid Infections Could Remain High for Three Months, Expert Says

The former chief epidemiologist at the Chinese CDC, Zeng Guang, adds that high numbers of severe cases may persist even longer

Caixin Global

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The Independent UK

Late Cardinal Pell called Pope Francis ‘a catastrophe’ in leaked memo

Pell called out the Pope for staying silent on human rights issues in China, Russia, and Hong Kong

Caixin Global

Shanghai Composite Index Rose 1.01% on Friday

Shenzhen Component Index closed up 1.19%

Reuters

Explainer-Why Japan is seeking military ties beyond its U.S. ally

Before meeting President Joe Biden in Washington D.C., Japanese Prime Minister Fumio Kishida visited Italy, France, Britain and Canada, in part to forge security ties that could help it fend off China, North Korea and Russia.

The Times of India

Coronavirus: Covid wave may last for three months, China CDC veteran warns

BEIJING: China’s Covid outbreak could continue for another two to three months as there are parts of the vast country yet to be hit, according to the former chief scientist at the Chinese Center for Disease Control and Prevention.

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The Times of India

China’s government to take golden shares in Alibaba, Tencent

BEIJING: Chinese government entities are set to take so-called “golden shares” in units of Alibaba Group Holding Ltd and Tencent Holdings Ltd, suggesting Beijing is moving to ensure greater control over key players in the world’s largest internet arena.

Reuters

China set for historic demographic turn, accelerated by COVID traumas

Living under China's stringent COVID-19 restrictions for the past three years had caused Zhang Qi enough stress and uncertainty to consider not having babies in the country.

Reuters

U.S. strongly committed to Japan defense, Biden tells Kishida, hails military boost

President Joe Biden told Japanese Prime Minister Fumio Kishida on Friday the United States was "fully, thoroughly, completely" committed to Japan's defense and praised Tokyo's security build up, saying the nations had never been closer.

Caixin Global

Weekly Must-Read: China Wraps Up Two-Year Tech Crackdown

Central bank and banking regulator’s Guo Shuqing sends first signal that sector led by Alibaba, Tencent, Didi and Meituan may finally be off the hook

Al Jazeera

UK says Hong Kong freedoms continue to erode, drawing China anger

Former colonial power in the territory says it is in China’s interests that Hong Kong maintain its distinctiveness.

The Independent UK

China's trade surplus swells to $877.6B as exports grow

China’s trade surplus swelled to a record $877.6 billion in 2022 as exports rose 7% despite weakening U.S. and European demand and anti-virus controls that temporarily shut down Shanghai and other industrial centers

Reuters

China COVID peak to last 2-3 months, hit rural areas next -expert

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