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The Latest Breaking News from China

Doting aunt, dance-loving mother, ‘Mr Nice’: community mourns Monterey Park shooting victims

Family accounts tell an interwoven story about the hope of starting afresh in a new country and shared joy

The Guardian - US

Northeast Asia battles severe cold snap and heavy snow

The Korean Peninsula, Japan and China see temperatures plunge to levels not seen in a decade as snow hampers travel.

Al Jazeera

China's EXIM bank gives Sri Lanka debt extension

China's Export-Import Bank of China (EXIM) has provided Sri Lanka with a debt extension, China's foreign ministry said on Thursday, confirming a Reuters report earlier this week..

Reuters

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Biden has never been under more pressure from Congress to ban TikTok

The growing clamor in Congress to completely ban the popular social media platform TikTok in the U.S. raises the stakes for the Biden administration, which is in the late stages of reviewing the security risks of the app.

Tribune News Service

China says Covid deaths down by nearly 80%

BEIJING: The number of daily Covid-19 deaths in China has fallen by nearly 80% since the start of the month, authorities have said, in a sign that the country's unprecedented infection surge may have started to abate.

Bangkok Post

Broad focus planned for revamped COVID panel under GOP majority

The new chair of the House Select Subcommittee on the Coronavirus Pandemic is planning a wide focus on future pandemic preparedness and the impacts of the pandemic on the economy, education and the national supply chain.

Tribune News Service

Judge slaps ex-Chicago college student who spied for China with 8 years in federal prison

A federal judge on Wednesday sentenced a former Chicago college student to eight years in federal prison for spying on behalf of the Chinese government, saying it was clear that his ultimate goal was to become a “sleeper agent” and infiltrate some of the United States’ most sensitive operations.

Chicago Tribune

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As Boeing posts more red ink, CEO cites progress, swipes at FAA

Still struggling with a wobbly supply chain and production slowdowns, Boeing lost $663 million, or $1.06 per share, in the fourth quarter despite Wall Street analysts’ expectation of a profit.

Tribune News Service

Forget Big Tech—Emerging market stocks will be the leaders of the next decade as India takes China's thunder, Morgan Stanley IM says

China is “at the eye of a de-globalization storm,” JPMorgan’s emerging markets specialist Jitania Kandhari said Tuesday—and India may be the biggest beneficiary. “Everything that is not working for China is working for India.”

Fortune

China restarts overseas group tours but leaves Australia off the destination list

After Australia imposed additional COVID-19 testing requirements on travellers from China, Beijing has left Australia off a list of 20 countries Chinese travellers on guided group tours can visit.

ABC News

Broad focus planned for revamped COVID panel under GOP majority - Roll Call

The panel's new chairman wants an “after-action review” but also plans work on the origins of the coronavirus.

Roll Call

Brazil's Lula proposes Mercosur trade deal with China after EU accord

Brazilian President Luiz Inacio Lula da Silva said on Wednesday that he favored an agreement between Mercosur and China in a plan to modernize and open the South American trade bloc to other regions.

Reuters

3 Potentially Explosive Energy Stocks to Buy in 2023

The energy industry is well-positioned for considerable growth this year, driven by sustained energy demand and increasing oil prices amid the lifting of China’s Covid restrictions. Hence, potentially explosive energy stocks Valero Energy (VLO), APA Corporation (APA), and Berry Corporation (BRY) could be wise additions to your portfolio this year.…

StockNews.com

City where temperatures plummet to -53C and you can get frostbite in MINUTES

Close to the Russian border, the northern Chinese city of Mohe is not a stranger to cold climes with winter periods usually lasting eight months but this record-breaking spell reached -53C

Daily Mirror

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StockNews.com

3 Stable Stocks to Buy This Week for Under $50

Despite the headline inflation cooling down, the Fed will likely continue raising interest rates to meet its inflation target. Moreover, S&P 500 earnings are estimated to have declined in the last quarter. Amid the uncertainties, investors should consider buying fundamentally strong and stable stocks Daikin Industries (DKILY), Takeda (TAK), and…

Daily Mirror

Inside cruel China fur farms where animals born to die for fashion live in filthy cages

More than 100 million animals - including mink, fox, raccoon dog, chinchilla and rabbit - are killed each year for their fur, with the creatures typically living in filthy, one-metre squared battery cages

Bangkok Post

China: Covid cases peaked at 7m daily

HONG KONG: China’s daily new Covid-19 infections hit a peak of more than 7 million per day around Dec 22, while deaths reached a daily peak of more than 4,000 on Jan 4, the country’s Centre for Disease Control and Prevention said on Wednesday.

Dynamite News

China Infesting Settlements Of Villages Across China-Bhutan Border: Report

China, despite its promises of attempting to settle border disputes with Bhutan, has been infesting settlements of villages across the disputed regions, Kathmandu-based online magazine Epardafas reported. Read full story on Dynamite News:

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Al Jazeera

‘Cope with your own debt’, China tells US over Zambia debt relief

Washington and Beijing are vying for influence in Africa, where Chinese banks are major lenders.

The Independent UK

Sri Lanka says debt-restructuring talks making progress

Debt-stricken Sri Lanka’s Central Bank chief says the country is making good progress in talks with its creditors to obtain financial assurances for debt restructuring, an important step toward finalizing an International Monetary Fund rescue plan

InsideEVs

Honda Creates EV Unit To Speed Up Electrification, Cuts Sales Regions

The new division is called Electrification Business Development Operations, aimed at consolidating Honda's electrification strategy across all product areas.

Reuters

China says COVID deaths, severe cases have fallen over 70% since peak

Critically ill COVID-19 cases in China are down 72% from a peak early this month while daily deaths among COVID-19 patients in hospitals have dropped 79% from their peak, the Center for Disease Control and Prevention said on Wednesday.

Al Jazeera

China, India firms dropped by Norway fund over Myanmar weapons

Norway’s sovereign wealth fund, the world’s largest, has divested from the two firms over sales of weaponry to Myanmar.

Fortune

U.S. ranks below China, Latvia, and Mauritius for women’s health

As it turns out, money can’t buy happiness - or health. Despite spending the most on healthcare, the U.S. doesn't rank highly for women's health.

Bangkok Post

World’s biggest fund cuts more firms linked to Myanmar

Norway’s sovereign wealth fund, the world’s biggest, has dropped two companies from China and India for selling weapons to Myanmar, the Norwegian central bank said on Wednesday.

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