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The Latest Breaking News from China

Excavator Sales Rebound Offers Glimmer of Hope for China Recovery

Deliveries of the construction equipment, an important gauge of economic activity, rose 2.7% in November, breaking a 10-month losing streak

Caixin Global

What China’s decision to ditch COVID zero means for the world

COVID restrictions have been eased in China, with the Zero-COVID plan seemingly scrapped. This is good news for Australia.

The New Daily

Opinion: Is the World on the Brink of an Entirely New Era?

If we are in the early throes of a seismic shift, leaders must prepare to operate in a new world where their old assumptions no longer hold

Caixin Global

From analysis to the latest developments in health,
read the most diverse news in one place.

US sues to block Microsoft's takeover of Activision in blow to big tech

The US Federal Trade Commission has filed a formal complaint to stop Microsoft's $69 billion dollar acquisition of video game studio Activision. Also in the show: China and Saudi Arabia sign $30 billion in new contracts, and we see how Italy's pasta sector is under strain from high energy prices.

France 24

Riyadh, Beijing Seek to Increase Cooperation in Housing, Mining and Industry Projects

Saudi Arabia and China are seeking to form a joint working group on cooperation in the field of housing, within the mechanism of the Trade and Investment Subcommittee, to enhance exchanges at the governmental level, and coordinate policies and planning. Areas of cooperation include the exchange of development plans, policies,…

Asharq Al-Awsat

Saudi Arabia gathers China's Xi with Arab leaders in 'new era' of ties

Chinese President Xi Jinping meets with Arab leaders on Friday at "milestone" summits hosted by Saudi Arabia in a show of strength by Crown Prince Mohammed bin Salman as an aspiring leader of the Middle East and key partner for global powers.

Radio France Internationale

UN human rights chief vows to follow up with China on abuse concerns

U.N. human rights chief Volker Turk said on Friday he wanted to engage with Beijing over the findings of a report issued by his predecessor that said China's treatment of Uyghurs and other Muslims in its Xinjiang region may constitute crimes against humanity.

Reuters

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Saudi-Chinese Summit Culminates in Comprehensive Strategic Partnership Agreement

The meeting of Custodian of the Two Holy Mosques King Salman bin Abdulaziz and Chinese President Xi Jinping, which was held at Al Yamamah Palace in Riyadh, in the presence of Crown Prince Mohammed bin Salman, culminated in the signing of the Comprehensive Strategic Partnership Agreement between the two countries.…

Asharq Al-Awsat

China, Saudi Arabia strengthen partnership on energy, defence

Beijing and Riyadh say they will ‘firmly support each other’s core interests’ during an official visit by Xi Jinping.

Al Jazeera

Honda Signs Deal To Purchase 123 GWh Of EV Batteries From CATL

The massive amount of batteries will enable Honda to build more than 1 million electric vehicles based on its first EV-dedicated platform, the e:N Architecture.

InsideEVs

China's tourism sector hails sudden policy shift on zero-Covid, but lockdown scepticism remains

The night China announced it would ease some of its most controversial coronavirus controls, Shanghai resident Yu Yuan immediately booked a high-speed train ticket to Beijing for a New Year's trip.

Bangkok Post

China's Xi calls for oil trade in yuan at Gulf summit in Riyadh

President Xi Jinping told Gulf Arab leaders on Friday that China would work to buy oil and gas in yuan, a move that would support Beijing's goal to establish its currency internationally and weaken the U.S. dollar's grip on world trade.

Reuters

Xi Announces Listing Saudi Arabia as Tourist Destination for Chinese Groups

China’s President Xi Jinping said his country listed Saudi Arabia as an outbound destination for Chinese tourist groups to expand interpersonal exchanges as well as cultural and popular exchanges. The announcement was made following Xi’s meeting with Prince Mohammed bin Salman, Saudi Crown Prince and Prime Minister, in Riyadh on…

Asharq Al-Awsat

Dwindling Economic Opportunities for China’s Youth Fuels Discontent

Without addressing high levels of youth unemployment, China will see a generation of lost youth who may look for disruptive ways to voice their despair.

The News Lens

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Asharq Al-Awsat

Saudi-China Summit: Deepening Ties Within Framework of Comprehensive Strategic Partnership

Saudi Arabia and China stressed in a joint statement on Friday the importance of continuing joint action in all fields and deepening relations within the framework of the comprehensive strategic partnership between the two countries. Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Prince Mohammed…

France 24

China's Xi strikes deals with Saudi royals during 'milestone' visit

Chinese President Xi Jinping signed a raft of deals with Saudi officials during a three-day visit to Riyadh as Beijing seeks to shore up its Covid-hit economy and as the Saudis, long-term US allies, push to diversify their economic and political alliances.

The Independent UK

China struggles with COVID infections after controls ease

Social media users are reporting a rash of COVID-19 cases in schools and businesses across China after the ruling Communist Party loosened anti-virus rules as it tries to reverse a deepening economic slump

Reuters

Chinese president invites Saudi king to visit China - Saudi state TV

Chinese President Xi Jinping has invited Saudi King Salman bin Abdulaziz to visit China, Saudi state TV al-Ekhbariya reported on Friday.

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Asharq Al-Awsat

Aramco, Shandong Energy Collaborate on Downstream Projects in China

Saudi Aramco and Shandong Energy Group are exploring collaboration on integrated refining and petrochemical opportunities in China, the Saudi Arabian Oil Company said in a statement on Friday. The companies have signed a Memorandum of Understanding (MoU) which includes a potential crude oil supply agreement and chemicals products offtake agreement,…

Asharq Al-Awsat

Sisi, Xi Discuss Global Challenges

Egypt’s President Abdel Fattah al-Sisi held two separate meetings with his Chinese and Iraqi counterparts in Riyadh on Thursday. The meetings touched on the regional and global developments, the challenges facing the Middle East, and ways to enhance bilateral cooperation. Presidential spokesman Bassam Rady said Sisi exchanged views with China’s…

Asharq Al-Awsat

Saudi Arabia, China Affirm Importance of Stable Global Oil Markets

Saudi Arabia and China reaffirmed the significance of stability in global oil markets and the Saudi role in that, a joint statement said on Friday, following Chinese President Xi Jinping's visit to the Kingdom. "The People's Republic of China welcomed the Kingdom’s role as a supporter of the balance and…

Bangkok Post

Vietnam Airlines resumes China flights after 3-year pandemic halt

HANOI: Vietnam Airlines said on Friday it has restarted its first regular commercial flight to China after nearly three years of suspension due to the coronavirus pandemic.

Caixin Global

Shanghai Composite Index Rose 0.3% on Friday

Shenzhen Component Index closed up 0.98%

Asharq Al-Awsat

Saudi Arabia, China Strengthen Strategic Partnership in Digital Economy

Saudi Arabia has signed a strategic partnership with China for cooperation on the digital economy. The agreement was signed by Minister of Communications and Information Technology Eng.

The Guardian - UK

Without effective vaccines, China’s economy may not heal

Changes to zero-Covid policy could prove insufficient if lockdowns are expected to continue

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