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The Latest Breaking News from China

Supply fears as China lockdown hits world’s largest iPhone factory

Foxconn plant in Zhengzhou, which which many workers have fled, now under seven-day Covid lockdown

The Guardian - UK

Downsizing At Twitter After Musk Takeover, Big Pharma Chains To Pay $14B In Opioid Claims, Tesla Shutters 1st Showroom In China: Top Stories Wednesday, Nov. 02

Reuters

Benzinga

China, Russia, India enabling Myanmar’s military rule: Report

Group of international legislators call on world to move beyond ASEAN’s ‘failed’ peace plan and recognise Mynamar’s NUG.

Al Jazeera

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China denies it has police stations in Netherlands amidst probe

China's foreign ministry said on Wednesday that offices set up in the Netherlands were not police stations but rather centres to help Chinese citizens renew documents, a day after the Dutch government ordered their closure amidst a probe into their activities.

Reuters

Xi Jinping assures Pakistan’s Sharif of China’s support

Prime Minister Shehbaz Sharif has held talks with top Chinese leaders during two-day visit in Beijing.

Al Jazeera

Father blames China's COVID policy for son's death that sparked online anger

The father of a 3-year-old boy who died on Tuesday from carbon monoxide poisoning in northwest China said strict COVID-19 policies "indirectly killed" his son by causing delays obtaining treatment, in a case that has sparked social media outrage.

Reuters

Estee Lauder Cuts Annual Forecasts as China Curbs Drag Demand

Estee Lauder Cos Inc cut its full-year sales and profit forecasts on Wednesday, signaling a hit to sales from persistent COVID-19-related lockdowns and store closures in major market China. The New York-based company's shares were down about 5% in premarket trade. Sales growth of many US companies like Estee has…

Asharq Al-Awsat

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China bans celebrities with ‘lapsed morals’ from endorsing products

State regulator tightens advertising rules to align society with ‘core socialist values’

The Guardian - AU

Singapore’s reopening boom draws big money and bubble fears

Earlier this month, a record 302,000 people attended Singapore’s first Formula 1 car race in three years. Some forked out $900 for a grandstand seat for three days, while others booked hotel suites overlooking the Marina Bay track for as much as $10,000. Nightclub tables were fetching up to $70,000…

Bangkok Post

Australia plays down US B-52 bomber plan that angers China

Australian Defense Minister Richard Marles has played down the significance of a major upgrade of U.S. B-52 bomber facilities planned for northern Australia that has raised China’s ire

The Independent UK

China's Xi affirms commitment to Pakistan economic ties

Chinese President Xi Jinping has affirmed his country's commitment to invest in Pakistan despite a slowdown in recent years

The Independent UK

Banned Twitter accounts will not be reinstated until after US midterms

Elon Musk says setting up process over those barred, including Donald Trump, will take ‘at least a few more weeks’

The Guardian - UK

AP Interview: Tennis tour CEO still wants Peng Shuai inquiry

WTA Tour Chairman and CEO Steve Simon says he does not know when women's professional tennis events will return to China

The Independent UK

Investment in China’s New Economy Sectors Shrinks, Caixin Index Shows

The contribution of high value-added industries such as biotechnology to the country’s total economic inputs slipped in October

Caixin Global

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The Independent UK

China panda experts visit Taiwan in rare point of contact

Taiwan has welcomed a pair of experts from China to help with an ailing panda in a rare opportunity for contact between the sides

Benzinga

Why Harsco Shares Surged Over 22%; Here Are 80 Biggest Movers From Yesterday

Gainers

The Guardian - AU

Australia delivers police vehicles and rifles to Solomon Islands in ‘game-changer’ donation

Handover ceremony comes after turbulent year when Pacific country signed controversial security agreement with China

Al Jazeera

In Hong Kong, world bankers urged not to ‘bet against’ China

Hong Kong leader tells investment summit city remains a unique link to the rest of China.

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Reuters

China will support Pakistan in stabilising its financial situation - Xi

(()

Bangkok Post

Beijing reassured by Hanoi's vow to reject all military alliances

Morale in Beijing, which is weary of American influence in Taiwan and the South China Sea, will be boosted by Vietnam's refusal to host foreign bases on its soil, analysts said as Vietnamese Communist Party chief Nguyen Phu Trong concluded his four-day visit to China.

Caixin Global

Shanghai Composite Index Rose 1.15% on Wednesday

Shenzhen Component Index closed up 1.33%

AAP

Weapons, vehicles given to Solomons police

Australia has donated more than $1 million in weapons and vehicles to Solomon Islands police, in a move criticised by the Solomon Islands opposition.

Benzinga

Gartner, Sony, Uber And Other Big Gainers From Tuesday

U.S. stocks closed lower on Tuesday, with the Nasdaq Composite dropping around 100 points. Here is the list of some big stocks recording gains in the previous session.

ABC News

Australian Federal Police gives Solomon Islands police semi-automatic rifles, vehicles

Australia donates rifles and police vehicles to the Royal Solomon Islands Police Forces ahead of the Pacific Games, but the country's opposition leader criticised the donation, saying Australia did it to stop China's influence.

Reuters

China says must 'rectify what needs to be rectified' in Hong Kong for long-term stability

China should "resolutely rectify" and "correct" what must be rectified and corrected to resolve long-term stability issues in Hong Kong and Macau, a senior official said, according to a 20th Communist Party Congress party supplementary document reading published in October.

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