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The Latest Breaking News from China

Elon Musk Not Worried About Impact Of China Lockdowns On Tesla Production

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said on Tuesday that China is lifting COVID-19 lockdowns rapidly, adding that he does not expect any delays amid

Benzinga

China committed to friendship and working with Philippines under Marcos - embassy

China will continue to work together with the Philippines under its incoming president, Ferdinand Marcos Jr, who won this week's election by a landslide, its embassy in Manila said on Wednesday.

Reuters

Shanghai reaffirms 'zero-COVID'; WHO says not sustainable

Shanghai is reaffirming China's strict “zero-COVID" approach to pandemic control, a day after the head of the World Health Organization said that was not sustainable and urged China to change strategies

The Independent UK

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India-China relations will 'remain strained': US intel

WASHINGTON: The ties between India and China will "remain strained" in the wake of the "lethal clash" in 2020, the US intelligence community has told lawmakers as it also expressed concerns over any potential crisis between India and Pakistan.

The Times of India

Half of Shanghai achieves 'zero COVID'; city presses on with 'unsustainable' fight

China hit back on Wednesday against what it called "irresponsible" comments by the head of the World Health Organization, who described the country's uncompromising and increasingly painful "zero COVID" policy as "not sustainable."

Reuters

China, US exchange barbs over military manoeuvres near Taiwan

The US Navy sent a ship through the Strait of Taiwan after China practised military drills

Al Jazeera

Gadgets: Vivo's X80 lineup to make Indian market debut in May

The Vivo X80 series, which was unveiled last month in China, is all set to make its debut in the Indian market on May 18. Further details on Dynamite News:

Dynamite News

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China risks 1.6 million deaths in virus ‘tsunami’ if Covid Zero is abandoned: Study

BEIJING: China risks a “tsunami” of coronavirus infections resulting in 1.6 million deaths if the government abandons its long-held Covid Zero policy and allows the highly-infectious Omicron variant to spread unchecked, according to researchers at Shanghai’s Fudan University.

The Times of India

How well has the Morrison government handled relations with Southeast Asia?

This is part of a foreign policy election series looking at how Australia’s relations with the world have changed since the Morrison government came into power in 2019. You can read the other pieces here.

The Conversation

Elon Musk Says Tesla Will Expand Giga Shanghai But No New Plant Planned In China

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said on Tuesday that the electric vehicle maker would expand its Giga Shanghai factory but has no plans to launch any new plants in China.

Benzinga

Yoon Suk-yeol faces tough challenges. Is he up to the job?

Yoon Suk-yeol faces range of ‘complex crises’, from N Korean nuclear tests and US-China rivalry to a slowing economy.

Al Jazeera

Trump repeatedly asked if China had secret ‘hurricane gun’ and if US could retaliate, report says

‘I did not get the sense he was joking at all,’ insider tells Rolling Stone magazine

The Independent UK

China says warned U.S. warship as it transited Taiwan Strait

China's military said on Wednesday that it had monitored and warned a U.S. warship that had sailed through the sensitive Taiwan Strait, a mission that happened shortly after China carried out drills near the island.

Reuters

Explainer: Should we be concerned about the baht?

Thailand started off this week with the baht weakening to a five-year low of 34.62 against the greenback. While in line with other Asean currencies that have softened against the US dollar, the performance is worth monitoring because it serves as an indicator in the country's recovery.

Bangkok Post

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The Guardian - US

Trump inquired if China could make hurricanes to harm US, ex-officials say

Former president also wanted to know if it would constitute an act of war and if hurricanes could be nuked to stop them

Foreign Policy

New Philippine President Marcos Is No Duterte on Foreign Policy

Monday’s victor intends to defend sovereignty against China and prioritize the U.S. alliance.

The Guardian - UK

China’s zero-Covid policy is not sustainable, WHO director general says

Dr Tedros Adhanom Ghebreyesus calls for shift in approach as scores of Chinese cities remain in strictly enforced lockdown

Reuters

Analysis-Marcos as Philippine president a boon for China, awkward for U.S

The decisive victory of Ferdinand Marcos Jr. in the Philippines' presidential election on Monday is set to re-shape the Southeast Asian country's relations with China and the United States as he seeks closer ties with Beijing.

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Reuters

WHO chief says China's zero-COVID policy not 'sustainable'

The head of the World Health Organization said on Tuesday China's zero-tolerance COVID-19 policy is not sustainable given what is now known of the virus, in rare public comments by the U.N. agency on a government's handling of the pandemic.

Asharq Al-Awsat

WHO chief says China’s 'zero-COVID' policy not ‘sustainable’

The head of the World Health Organization said on Tuesday China's zero-tolerance COVID-19 policy is not sustainable given what is now known of the virus, in rare public comments by the UN agency on a government's handling of the pandemic. "We don't think that it is sustainable considering the behavior…

The Guardian - AU

A Swiss army knife app: what is WeChat and how is it being used in Australia’s 2022 federal election?

With three million users across the country, including politicians and media, the network could play a pivotal role in determining who wins

Asharq Al-Awsat

Ferragamo Aims to Double Sales Mid-Term but Warns of China Hit

Revenues at Italian luxury group Salvatore Ferragamo beat market forecasts in the first quarter despite a decline in retail sales in China because of new COVID-19 restrictions, and the group said it expected to double sales in the medium term. The leather goods maker, famous for making shoes for Hollywood…

Benzinga

Xpel Q1 Earnings Exceed Estimates Amid New Car Inventory Constraints

Xpel Inc (NASDAQ:XPEL) reported first-quarter FY22 sales growth of 38.6% year-on-year to $71.86 million, beating the consensus of $68.86 million. Product revenue rose 29.3% Y/Y, and Services revenue increased 98.5%. The gross margin for the quarter expanded 330 basis points to 38.6%. The operating margin was 14%, and operating income for the quarter…

Reuters

China wants to take Taiwan peacefully but is preparing militarily -U.S. intelligence officials

China would prefer to take over neighboring Taiwan without military action but is working to get to a position where its military could prevail even if the United States intervenes, U.S. intelligence chiefs said on Tuesday.

Benzinga

Here's How Alibaba, JD Are Proving Handy Amid China Lockdown

Alibaba Group Holding Limited (NYSE: BABA), JD.com, Inc (NASDAQ: JD), and Meituan (OTC: MPNGY) have built effic

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