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The Latest Breaking News from China

China’s stock markets jump on hopes for end to ‘zero COVID’

Shares rise more than 7 percent in Hong Kong and 2.5 percent in Shanghai after report decrying ‘overly strict measures’.

Al Jazeera

China-linked currencies gain on reopening hopes

Rising speculation over the easing of Covid-19 curbs in China spurred gains in currencies tied to Asia’s biggest economy on Friday.

Bangkok Post

China COVID cases surge to 6-month high as tensions in affected cities build

China on Friday reported the highest daily count of new local COVID cases in six months as outbreaks widened, pushing policymakers to walk an even finer line between holding the virus at bay while keeping a lid on social and economic angst.

Reuters

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War fallout and aid demands are overshadowing the climate talks in Egypt

War in Ukraine, rising energy and food prices, and growing enmity between the West on the one hand and Russia and China on the other make finding cooperation at the coming climate talks difficult.

WEKU

G7 urges China to abstain from threats, use of force

The Group of Seven on Friday urged China to abstain from "threats, coercion, intimidation, or the use of force," while the United States touted the countries' increasingly aligned approach toward dealing with Beijing.

Reuters

China is preparing a plan to lift COVID flight suspensions - Bloomberg News

China is working on a plan to end a system that banned individual flights for bringing in passengers infected with the COVID-19 virus, Bloomberg News reported on Friday, citing people familiar with the matter.

Reuters

China's COVID policies are consistent and clear - China foreign ministry

Chinese foreign ministry spokesman Zhao Lijian said on Friday that he was not aware of the media report that said China was preparing a plan to end COVID-19 flight suspensions.

Reuters

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China Premier Li Keqiang to visit Cambodia from Nov.8-13 for summits

China Premier Li Keqiang will visit Cambodia from Nov.8-13, Chinese foreign ministry spokesperson Zhao Lijian said on Friday.

Reuters

European Lawmakers Visit Taiwan, Taking Different Path from Scholz

German Chancellor Olaf Scholz set out on a high-profile visit to Beijing while lawmakers from seven European countries and the European Union were winding up a show of solidarity in Taiwan.

The News Lens

Shanghai Composite Index Rose 2.43% on Friday

Shenzhen Component Index closed up 3.2%

Caixin Global

Xi Jinping’s pilgrimage to ‘red Mecca’ brings back the Mao factor

Yan’an is where Mao Zedong definitively – and brutally – stamped his supreme authority on China’s Communist party. Experts explain how Xi continues to shape himself as today’s embodiment of the ‘great leader’

The Guardian - AU

Hong Kong shares soar on hopes China COVID rules may ease

Shares have soared more than 7% in Hong Kong after a Communist Party newspaper reported that local officials are being urged not to impose overly burdensome controls to curb coronavirus infections

The Independent UK

ALW Reds sign China's Cup hero Xiao Yuyi

Xiao Yuyi, who scored the winning goal for China in the Women's Asian Cup final, has joined Adelaide United on loan for the upcoming A-League Women season.

AAP

Germany’s Olaf Scholz meets China’s Xi Jinping as trade in focus

Scholz’s trip to China has been criticised over his willingness to do deals with an increasingly authoritarian Beijing.

Al Jazeera

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Reuters

Former U.S. military pilot arrived in Australia from China weeks before arrest - lawyer

A former United States military pilot arrested in Australia and facing likely extradition to the United States on undisclosed charges had arrived from China weeks before and interacted with Australian intelligence agencies, his lawyer said on Friday.

Reuters

Xi tells Scholz China and Germany should work together during 'times of change and turmoil'

Chinese President Xi Jinping told German Chancellor Olaf Scholz on Friday that as big nations with influence, China and Germany should work together all the more during "times of change and turmoil" for the sake of world peace, according to state media.

The Times of India

Coronavirus: China extends lockdowns as Covid outbreak worsens

BEJING: China's daily local Covid infection rate soared to its highest level since early May, with lockdowns sweeping across the nation.

The Independent UK

Germany's Scholz in China amid trade, Ukraine, rights issues

German Chancellor Olaf Scholz has arrived in Beijing for a one-day visit that has drawn criticism over China’s tacit support for Russia in its war on Ukraine

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Benzinga

Alibaba, Nio Stocks Surge: Hang Seng Rises Over 3% As Tech, EV Rally Outweighs COVID-19 Worries

Hong Kong shares traded in the green on Friday with the benchmark Hang Seng opening 3.36% higher. Investors and traders seem to have shrugged off a rise in COVID-19 cases in China which hit their highest since August.

Reuters

China says U.S. must 'take responsibility' for breakdown in climate ties

Climate change diplomacy between China and the United States cannot be separated from broader political tensions between the two sides, and Washington must take responsibility for the breakdown in talks, China's foreign ministry said.

AAP

Australia focuses on Solomons relationship

The Australian government will focus on building a strong relationship with the Solomon Islands, rather than being distracted by China's interactions.

Caixin Global

Weekly Must-Read: Yuan Gets More International Love as Dollar Rivalry Grows

China and its trading partners are doing more business in yuan, Belt and Road investment is increasingly being funded in the Chinese currency, and ‘dim sum’ bond sales are booming

Reuters

Xi, Scholz warn against 'irresponsible' nuclear threats over Ukraine

Chinese President Xi Jinping and German Chancellor Olaf Scholz on Friday condemned threats to use atomic weapons in Ukraine, with Scholz warning that Russia risked "crossing a line" in the international community by resorting to nuclear force.

Reuters

Taiwan, U.S. to hold in person trade talks next week

Taiwan and the United States will hold in-person trade talks next week in New York under a new joint initiative announced in June, the U.S. and Taiwanese governments said, a programme opposed by China, which views the island as its own territory.

Reuters

Nepal’s Oli vows balanced ties with China, India if returned to power

Nepal's main communist opposition party will balance the Himalayan nation's ties with neighbours China and India for mutual benefit if it is returned to power in a general election this month, its leader said.

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