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The Latest Breaking News from China

China Is Quietly Trying to Dethrone the Dollar

Regional groups and small banks are helping insulate Beijing against sanctions.

Foreign Policy

'A brutal, needless war ... chosen by one man': Biden, at United Nations, slams Putin's invasion of Ukraine

UNITED NATIONS — President Joe Biden excoriated Russian President Vladimir Putin and announced another $1.2 billion aid package for Ukraine during his annual address to the U.N. General Assembly on Wednesday.

Los Angeles Times

How seriously should we take Vladimir Putin’s threat to use nuclear weapons against West?

The use of weapons of mass destruction would be a last resort for Vladimir Putin as it would invite global condemnation and risk a retaliatory attack, our helpful Q&A explains

Daily Mirror

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A risky new status quo

The tentative conciliatory steps between nuclear-armed rivals at the LAC are important, but come with riders for India

The Hindu

Five key takeaways from Joe Biden’s UNGA speech

In wide-reaching UN address, US president slams Russia and says Washington not seeking ‘cold war’ with Beijing.

Al Jazeera

With ₹19,500-crore PLI plan, sun shines on solar cell units

The aim is to reduce the industry’s reliance on China-made panels

The Hindu

Fosun International Sells Assets as Short-Term Cash Crunch Looms

Key Takeaways: Fosun has sold down its stake in New China Life, its latest move to raise cash as it faces large debt maturing in the next 12 months The company is also selling down stakes in its Fosun Tourism unit, owner of the Club Med resort chain, and appears…

Benzinga

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1 Stock Headed for a Chip-Wreck Right Now

Last few weeks have been difficult for NVIDIA (NVDA) as it reported a significant fall in its graphics segment revenue in the last quarter due to a slowdown in GPU sales. The company was later hit by an export ban by the U.S. government. After falling more than 55% year-to-date,…

StockNews.com

Lepu ScienTech Revives IPO After Policy Move Brightens Its Prospects

Key Takeaways: After taking its Lepu Biopharma unit public in February, Lepu Medical is pressing ahead with a third attempt at listing is Lepu ScienTech unit in Hong Kong

Benzinga

Exclusive-NATO chief Stoltenberg calls China a security challenge

China's cooperation with Moscow since Russia's invasion of Ukraine and Chinese comments against NATO enlargement show why the Western defense alliance should regard Beijing as a security challenge, Secretary-General Jens Stoltenberg said on Wednesday.

Reuters

Biden’s bullish rhetoric on Taiwan risks provoking China with no gain in security

The president’s latest pledge to defend the island contradicts the US’s longstanding One China policy

The Guardian - US

What if carbon border taxes applied to all carbon – fossil fuels, too?

The European Union is embarking on an experiment that will expand its climate policies to imports for the first time. It’s called a carbon border adjustment, and it aims to level the playing field for the EU’s domestic producers by taxing energy-intensive imports like steel and cement that are high…

The Conversation

Ukraine war: Putin calls up more troops and threatens nuclear option in a speech which ups the ante but shows Russia's weakness

Declaring a partial mobilisation and threatening the use of “lots of Russian weapons” in response to alleged western nuclear blackmail, Russia’s president Vladimir Putin has upped the ante once more in his war against Ukraine. Indeed, Putin nearly went so far as to say so: “When the territorial integrity of…

The Conversation

China says it has patience needed to bring Taiwan under control

China said it has the patience to someday bring Taiwan under its control, partly because “compatriots” there want it to happen -- a view that contrasts with polling showing sceptical views of Beijing in the democracy.

Bangkok Post

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Al Jazeera

Hong Kong has lost aviation hub status, airline body head says

International Air Transport Association head says China’s pandemic policies have ‘devastated’ former British colony.

Bangkok Post

China's record-breaking drought hits major rice-growing regions

HONG KONG: A record-breaking drought has continued to hit China's two major rice-growing regions, adding to challenges over food security, drinking water and the conservation of endangered Yangtze River mammals.

Reuters

China urges dialogue, consultation after Putin's warning to West

China's foreign ministry urged all parties to engage in dialogue and consultation and find a way to address the security concerns of all parties after Russian President Vladimir Putin warned the West over what he described as "nuclear blackmail".

Asharq Al-Awsat

US and Canadian Warships Sail through Taiwan Strait

A US destroyer and a Canadian frigate sailed through the Taiwan Strait on Tuesday in the latest joint operation aimed at reinforcing the route's status as an international waterway. Beijing views as its own both democratic Taiwan and the narrow body of water separating the island from mainland China --…

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The Hindu

China remains a formidable challenge: Navy chief

Navy chief Admiral R. Hari Kumar has said China has increased its presence not only along India’s la

The Independent UK

China dials down Taiwan rhetoric; US, Canada transit strait

China has toned down its rhetoric on Taiwan, saying it is inevitable that the self-governing island comes under its control but that it would promote efforts to achieve that peacefully

The Independent UK

US, UK join Pacific allies in Fijian military exercise

A military exercise in Fiji involving the United States, Britain, Australia and New Zealand ends this week as the traditional allies counter China’s growing influence in the region

Al Jazeera

China says will do all it can for peaceful Taiwan ‘reunification’

Beijing says the self-ruled island is part of China and has been increasingly assertive over its claim.

Bangkok Post

Zero-Covid hurts 75% of European firms in China

BEIJING: China's "inflexible" and "inconsistent" zero-Covid policy is crippling European business operations in the country, a major business lobby said Wednesday, warning that the presence of the companies "can no longer be taken for granted".

Al Jazeera

‘Ideology trumping economy’: EU body warns firms souring on China

European Union Chamber of Commerce says companies increasingly view China as “less predictable, reliable and efficient”.

The Independent UK

Biden at UN to call Russian war an affront to body's charter

President Joe Biden is ready to make the case at the U.N. General Assembly that Russia's “naked aggression” in Ukraine is an affront to the heart of what the international body stands

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