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The Latest Breaking News from China

International capital flows have long been a major source of economic growth. Savings in higher-income countries have financed high-yielding investments in low-income countries, generating benefits for all. After World War II, capital flows under the Marshall Plan drove the rapid reconstruction of Europe, and after those countries recovered, they extended…

Bangkok Post

China key to aviation's recovery

Asia-Pacific aviation could see faster recovery in terms of passengers this year, fuelled by China's reopening, as well as achieving a small profit in 2024, while pent-up demand from the mainland could help compensate slowing Western markets, according to the International Air Transport Association (IATA).

Bangkok Post

Can China Pull Off Its Charm Offensive?

Why Beijing’s foreign-policy reset will—or won’t—work out.

Foreign Policy

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read the most diverse news in one place.

Congressman suggests sending jointly operated US submarine to Australia as AUKUS announcement looms

A senior member of the US Congress calls for a dual-crewed American submarine to be based in Australia as part of an interim measure under the AUKUS agreement.

ABC News

Lunar New Year 2023: How it's celebrated and what the year of the rabbit means

More than 1.5 billion people celebrate Lunar New Year each year, with colourful traditions and activities to welcome a new year and wish for luck and prosperity

Irish Mirror

2 Potentially Explosive Energy Stocks to Buy Before the End of January

Amid increasing demand from China’s lifting Covid restrictions, the energy sector is poised to witness solid growth in the near term. Against this backdrop, quality energy stocks APA Corporation (APA) and CVR Energy (CVI) might be wise additions to your portfolio before the end of January. Read on….

StockNews.com

Excitement for beach businesses as Thailand braces for Chinese deluge

Entrepreneurs on Thailand's holiday island of Phuket are bracing enthusiastically for the long-awaited return of Chinese tourists, hoping China's reopening and dismantling of its strict COVID-19 curbs can boost their flagging businesses.

Reuters

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‘We don’t have limitless resources’: Australian government prepared to scale back defence projects

While Labor has committed to an increase in defence spending, Richard Marles refused to rule out building first nuclear-powered submarines offshore

The Guardian - AU

Taiwan president tells pope war with China not an option

Taiwan President Tsai Ing-wen has written to Pope Francis to say that war between Taiwan and China is not an option and only by respecting the Taiwanese people's insistence on sovereignty and freedom can there be healthy ties with Beijing.

Reuters

Study Suggests Dual-Earner Couples Who Work From Home Don't Have Same Experience

Working from home may be a better deal for husbands than wives in some ways in dual-earner couples, according to two related studies of workers in China and South Korea. Read full story on Dynamite News:

Dynamite News

COVID is running rampant in China – but herd immunity remains elusive

After nearly three years of keeping COVID under control, China is experiencing a massive new wave of COVID infections. The official figures reporting 60,000 deaths between December 8 and January 12 are widely seen as underestimating the impact of the outbreak.

The Conversation

Zambia visits by Yellen, IMF reflect concern over stalled debt talks, China

Two of the world's most powerful finance officials are visiting Zambia this week, a reflection of the growing concern shared by Western officials about how China and other creditors are handling the African country's debt.

Reuters

US Chamber of Commerce dips to second place in K Street spending - Roll Call

Mega-bills fueled the influence business in 2022, as lobbyists pivot to dealing with divided government in 2023.

Roll Call

Pig kills slaughterhouse butcher after being stunned before waking up and lashing out

The butcher, a 61-year-old working at the Sheung Shui Slaughterhouse on Hong Kong's border with mainland China, was knocked to the ground as the pig struggled, before sustaining fatal wounds from a 15-inch meat cleaver

Daily Mirror

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The Japan News/Yomiuri

U.S. decides not to send medium-range missiles to Japan

Washington has decided not to send ground-launched medium-range missiles to U.S. forces in Japan, sources from both nations said.

InsideEVs

BYD Seagull Small EV Leaked In China, Said To Start Under $9,000

The BYD Seagull is a five-door hatchback that bridges the gap between the city car and subcompact segments, with a length of 148.8 inches and 98.4-in wheelbase.

The Independent UK

Viral image of arctic foxes with massively overgrown claws prompts backlash against China zoo

‘The foxes could not walk normally. I can tell it really is painful for them’

Reuters

Yellen urges Zambia debt restructuring after talks with China

U.S. Treasury Secretary Janet Yellen said on Monday on a visit to Zambia it was critically important to restructure its debt, and she believes progress could be made after her frank talks last week with China, which is owed almost $6 billion by Lusaka.

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The Guardian - UK

Eight in 10 people in China caught Covid since early December, say officials

Reported death toll surges to 72,000 after zero-Covid restrictions lifted; some experts estimate 1m deaths

ABC News

Australia to fast-track purchase of high-tech sea mines to protect ports, trade routes

Amid China's growing influence in the Pacific, Australia will accelerate plans to buy advanced sea mines designed to differentiate between military targets and other types of ships.

Caixin Global

Developer Oceanwide and Tycoon Lu Zhiqiang Sued in $1 Billion Loan Dispute

China Minsheng Bank is pursuing the firm and its de facto controller for billions of yuan in unpaid debt that they guaranteed

Caixin Global

China Urges Los Angeles Community to be Vigilant After New Year’s Day Mass Shooting

The Chinese consulate in the city issued the warning after a 72-year-old man killed 10 people in a dance club in an Asian American neighborhood

AAP

Pandemic preparedness lacking: Bill Gates

Billionaire Bill Gates says pandemic preparedness should be a priority for all countries, urging the US and China to take the lead in tackling global crises.

Daily Record

Aaron Mooy confesses Celtic career revival hasn't 'soaked in' after Champions League and World Cup journey

The Australian is back to his best in Scotland after a big money move to China failed to kickstart his career.

The Independent UK

AP PHOTOS: East Asia marks Lunar New Year of the Rabbit

From Jakarta to Seoul, Bangkok to Beijing, people in Asia have been celebrating the Lunar New Year marking the start of the Year of the Rabbit.

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