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The Latest Breaking News from China

Tourism forecast in line for upgrade as Chinese return

The state planning unit looks set to upgrade its forecasts for tourism revenue and arrival numbers as it expects a surge of visitors from China after the country reopened its borders.

Bangkok Post

Report: Tesla Price Cuts In China Shocked Customers

Interesting reports are coming from China, after Tesla applied a significant price reduction to the Made-in-China (MIC) Model 3 and Model Y electric cars.

InsideEVs

Covid-19 in 2023: All of the signs and symptoms of the new XBB.1.5 variant

Coronavirus infections in the UK leapt to a six-month high after Christmas

Chronicle Live

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China open to cooperation with Australia

China's ambassador to Australia Xiao Qian has given a rare media conference, shedding light on the complex relationship between the nations.

AAP

Tesla Significantly Cut Model 3 And Model Y Prices In China

Tesla sharply reduced prices of its Made-in-China (MIC) Model 3 and Model Y cars in China in an attempt to boost sales.

InsideEVs

Rolls-Royce breaks sales records ahead of launch of first all-electric supercar

World-famous luxury car maker’s strong 2022 comes even as sales in China fall

Evening Standard

Tesla price cut sees customers storm stores to demand compensation

A mob of angry Tesla customers demanded some form of compensation for buying a new car at the older, higher prices.

Fortune

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Tesla Stock Up Due To Crowds At China Stores: Buyers Or Protesters?

Some images and clips shared around social media have people arguing about whether the people flocking to Tesla's China stores were there to buy or protest.

InsideEVs

State Aluminum Giant Hires New Chairman to Fill Months-Long Vacancy

Chinalco, the world’s largest aluminum producer has appointed Duan Xiangdong, former China First Heavy Industries general manager, to helm the company

Caixin Global

China Formalizes Expanded Currency Swap With Argentina

An additional 35 billion yuan was added to the previous agreement in the latest move to further internationalize the Chinese currency

Caixin Global

China sends 57 planes near Taiwan in high-intensity combat exercise

China sent 57 planes and four warships close to Taiwan in the 24 hours before 6am on Monday, in what appeared to be a part of joint navy and air force combat drills announced by the People's Liberation Army’s Eastern Theatre Command late on Sunday.

Bangkok Post

China: Tesla EV Sales Noticeably Decreased In December 2022

In December, Tesla noted a decrease in wholesale vehicle shipments in China (local sales and export).

InsideEVs

China 'wolf warrior' diplomatic spokesperson Zhao moves to new role

Chinese foreign ministry spokesperson Zhao Lijian, who gained prominence as one of China's most outspoken "wolf warrior" diplomats, has been transferred to its department that manages land and sea borders, according to the ministry's website.

Reuters

U.S.’ Principal Financial Invests in Chinese Pension Manager

Principal Financial is now the second-largest shareholder of China Construction Bank Pension Management with a 17.6% stake

Caixin Global

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Reuters

Chinese Vice-Premier Liu to attend Davos meeting next week - SCMP

Chinese Vice-Premier Liu He will travel to Davos, Switzerland next week for the World Economic Forum's annual meeting, the South China Morning Post reported on Monday, citing people familiar with the matter.

Al Jazeera

New Chinese foreign minister heads to Africa for first trip

The new foreign minister’s visit follows in the footsteps of his predecessors over the last three decades.

The Independent UK

With high hopes, Thailand welcomes Chinese tourists' return

Three Cabinet ministers have welcomed Chinese tourists with flowers and gifts as they arrived at Bangkok’s Suvarnabhumi Airport after China relaxed travel restrictions

Evening Standard

Chinese official says ‘90% of province infected with Covid’ as test workers clash with police

Protests outside an antigen test factory erupted over the layoff of several workers, according to reports

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Bangkok Post

Asia stocks on track to enter bull market as China rally extends

Asia’s benchmark stock index was on track to enter a bull market, as China’s reopening and a weakening dollar lure investors back to the region.

Fortune

CanSino's Omicron mRNA shot reports 'positive' trial data

Chinese officials say they have "safe and effective" vaccines as Beijing rebuffs mRNA shots from the U.S. and the EU.

Caixin Global

China Targets Eliminating Mother-to-Child Infection of HIV, Syphilis and Hepatitis B

The country’s health authority hopes to reduce the transmission rate of HIV to under 2% and hepatitis B to 1% or less by 2025

The Independent UK

China's new foreign minister heads to Africa for first trip

China’s new Foreign Minister Qin Gang is starting his term with a weeklong trip to five African countries

Motor1

Rising Auto R7 Is China's Answer To The Tesla Model Y

Rising Auto is SAIC's premium electric vehicle brand.

France 24

Tourism sector optimistic as Beijing lifts most border restrictions for Chinese travelers

On Sunday, tens of thousands of travelers flew in and out of China without having to submit to stringent centralised quarantine requirements. The change in policy is raising hope in neighboring countries that this will signal the return of Chinese tourists. Holiday bookings have already increased and markets are trading…

Caixin Global

Editorial: Take International Rules Seriously

China will boost institutional opening-up, further enhance national awareness of rules and the spirit of the contract, and continue to optimize the business environment

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