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The Latest Breaking News from China

Shanghai Composite Index Ended Nearly Flat on Wednesday

Shenzhen Component Index closed up 0.09%

Caixin Global

'Say their names' - Families urge Blinken to use China trip to free U.S. detainees

Katherine Swidan, whose son Mark has been imprisoned in China for over 10 years, has not seen even a photograph of him over the last decade. The last time she heard his voice was in 2018.

Reuters

Kansas researcher faces sentencing in China-related case

A former researcher accused of concealing work he did in China while employed by the University of Kansas will be sentenced Wednesday

The Independent UK

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Chinese who lost relatives to COVID angry at failure to protect elderly

Former high school teacher Ailia was devastated when her 85-year-old father died after displaying COVID-like symptoms as the virus swept through their hometown in the southeastern province of Jiangxi.

Reuters

China's NetEase criticizes Blizzard offer as unequal, unfair

China games company NetEase Inc. says it has rejected a proposal from World of Warcraft creator Activision Blizzard to temporarily extend its partnership while the U.S. company seeks a new partner, in an escalating public spat

The Independent UK

US-China officials to meet on economy, aim to ease tension

U.S. Treasury Secretary Janet Yellen is set to sit down with her Chinese counterpart in Switzerland on Wednesday

The Independent UK

What it would take for Apple to disentangle itself from China

The tech giant increasingly finds itself beholden to America’s biggest geopolitical rival. But is diversification even possible?

Financial Times

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China's Xi frets about COVID in rural areas, sees 'light ahead'

President Xi Jinping said on Wednesday he was particularly concerned about China's COVID-19 wave spreading to rural areas with poor medical facilities but he urged perseverance in stressful times, saying "light is ahead".

Reuters

China's pessimistic Gen Z poses challenge for Xi post-COVID

The first weekend after COVID-19 restrictions ended last month, dozens of young Chinese jostled in the dark at a heavy-metal concert in a tiny Shanghai music venue that reeked of sweat and hard liquor.

Reuters

China takes great leap forward in Australia’s car market with EVs leading the charge

Exclusive: Sales of Chinese-made vehicles increased 61% in 2022 with one industry expert saying companies are ‘innovating faster’

The Guardian - AU

Lion dance troupe Jin Wu Koon prepares for 100 performances for Lunar New Year

Jumping from pole to pole, the Chinatown-based group Jin Wu Koon is set to wow crowds over the Lunar New Year period.

ABC News

In wide-ranging interview, Scholz discusses war in Ukraine, Germany's economic outlook

Chancellor Olaf Scholz said he’s sure Germany will avoid a recession this year, offering reassurance for Europe’s largest economy as it faces down Russia’s energy squeeze.

Tribune News Service

Economists slice growth outlook for Asean+3

China's reopening should provide a timely boost to the Asean+3 region as the area's economic growth was downgraded because of continuing weakness in China, Japan and South Korea, according to economists.

Bangkok Post

Report: Tesla EV Sales In China Surged After Price Cuts

The China Merchants Bank International (CMBI) revealed that Tesla sales, during seven days between January 9-15, increased by 76 percent year-over-year.

InsideEVs

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Fortune

Fewer people than ever think their life is going to get better as 'economic optimism collapses' worldwide

Never before have so many households felt so pessimistic and negative towards their economic prospects.

Fortune

Nearly a quarter of travelers flying out of China after 'zero COVID' lift were positive for the disease, new report reveals

The study offers a glimpse at transmission occurring from the eastern superpower to the rest of the world.

France 24

Davos 2023: EU's von der Leyen on her Green Deal Industrial Plan

EU Commission President Ursula von der Leyen outlined the bloc's Green Deal subsidy plan at the World Economic Forum on Tuesday, as the US and China push ahead with their own industrial subsidies for clean tech. FRANCE 24's Business Editor Kate Moody spoke with von der Leyen in Davos about…

InsideEVs

Volvo Planning To Launch Electric Minivan In China This Year

This new Volvo EV will reportedly be its version of the Zeekr 009, which it will reportedly reveal in production form by the end of the year.

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Reuters

Biden, Kishida held 'very productive' talks on China export controls

U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida held "very productive" talks last week on semiconductor-related export controls on China, White House Indo-Pacific coordinator Kurt Campbell said on Tuesday.

StockNews.com

3 Precious Metals ETFs to Buy for 2023

The stock market is yet to see an end to the Fed’s monetary tightening to control inflation. On top of that, recent economic data reflecting an economic and demographic decline in China is a stark reminder that the global economy, battered by various headwinds, may spiral into a full-blown recession.…

Fortune

Davos CEOs have never had a worse feeling about the global economy

The world's business leaders at Davos think the global economy is in for a rough few years. Do they know something we don't?

The Conversation

China's COVID cases may have hit 900 million. What's headed our way?

Over the weekend, Peking University released a study that estimated 900 million Chinese had been infected with COVID up until January 11, representing 64% of the population.

Tribune News Service

US-China trade is close to a record, defying talk of decoupling

Trade between the U.S. and China is on track to break records, a signal of resilient links between the world’s top economies amid the heated national security rhetoric in Washington and fears of “decoupling.”

Reuters

Davos 2023: What you need to know about the WEF on Tuesday

The first day of official programming at the World Economic Forum's (WEF) annual meeting kicked off on Tuesday with bold declarations by Europe and China in attempts to bolster their positions in the world.

Zenger

Early Retirement May Lead To First Signs Of Dementia

Early retirement in old age was associated with higher levels of cognitive impairment and sluggish memory

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