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The Latest Breaking News from China

TikTok Says Oracle to Keep US User Data Safe

TikTok on Friday said Oracle will store all the data from its US users, in a bid to allay fears about its safety in the hands of a platform owned by ByteDance in China. The announcement came as the popular video snippet sharing service fended off concerns about the ability…

Asharq Al-Awsat

Fire at Sinopec Shanghai Petchem Plant Kills One

A fire broke out at a Sinopec Shanghai Petrochemical Co Ltd plant in Shanghai early on Saturday, killing one person, the company said. Roaring fire was seen engulfing part of a sprawling factory, emitting columns of thick black smoke, in a video posted on Twitter by the state-backed Shanghai Daily.…

Asharq Al-Awsat

Morning Digest | Anger rages against Agnipath in many States; China foils bid to designate Lashkar deputy chief a terrorist; India backs China’s plan for joint border activity, and more

A select list of stories to read before you start your day

The Hindu

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China launches ENORMOUS aircraft carrier to rival US Navy in 'defiant statement'

President Xi Jinping has vowed to overhaul and modernise China's armed forces - the largest in the world - and seeks to project its power beyond Chinese shores despite promises it has no hostile intent

Daily Mirror

These Were The World's Top Selling Cars By Segment In 2021

The Toyota RAV4 outsold every other model.

Motor1

Thaw or cold war: will Labor succeed in unfreezing Australia-China relations?

The new government has struck a different tone with Beijing but the same difficult problems – from trade to the Indo-Pacific – remain

The Guardian - AU

Taiwanese church shooting suspect is charged with hate crimes

LOS ANGELES — A 68-year-old man accused of killing one person and injuring five others at a Taiwanese Presbyterian church in Laguna Woods has been charged with hate crime enhancements, Orange County prosecutors announced Friday.

Los Angeles Times

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Tesla Price Increase Spreads Around The World To Europe, China

Tesla's latest round of price increases spread around the world, which is not good news on top of all the economic uncertainty and long queues.

InsideEVs

China's Lipstick King Austin Li was a rich influencer adored by Beijing officials. One mistake triggered his downfall

Austin Li was beloved by young shoppers and the Chinese Communist Party. But when he tried to sell an ice cream cake to millions of his followers, everything went wrong.

ABC News

Legend Biotech Shares Move Higher After Bullish BMO Pitch

BMO Capital Markets initiated coverage on Legend Biotech Corporation (NASDAQ:LEGN) with a price target of $77, and an Outperform rating. The analyst says the company's recently approved Carvykti for multiple myeloma is best-in-class late-line CAR T therapy. Related: EMA's CHMP Clears Janssen, Legend's Multiple Myeloma CAR-T Therapy Though the analyst expects a gradual increase in sales due…

Benzinga

India backs China’s plan for joint border activity

Solidarity-2023 to have all SCO nations

The Hindu

U.S. and Marshall Islands seek economic assistance deal by yearend

The United States and the Marshall Islands agreed to try to reach a deal on U.S. economic assistance by late 2022, according to a statement seen by Reuters on Friday, a sign of momentum in talks as Washington worries about China's expanding Pacific influence.

Reuters

Worldview with Suhasini Haidar | Two years after Galwan: How much has changed in India-China ties?

In this episode of Worldview, we examine the changes in India-China ties after two years of the Galwan clash

The Hindu

Cruz loses it over Disney's "Lightyear"

"Most toys are, kinda, androgynous. They're usually without genitalia"

Salon

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news in one place.

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Benzinga

WISeKey Forges NFT Collaboration With The China Museum Of Finance

Cybersecurity, AI, Blockchain, and IoT company WISeKey International Holding AG (NASDAQ:WKEY) collaborated with The China Museum of Finance to offer Trusted NFTs with the launch of WISe.ART NFT platform. The WISe.ART NFT Platform is an Ethereum scaling and infrastructure development available with Ethereum-compatible blockchains. The WISe.ART platform will auction a historical NFT of the…

Evening Standard

London reaches boiling point

Some people ‘hate-follow’ celebrities or influencers on social media. Mine is ‘Extreme Temperatures Around The World‘. In recent days, it has reported on terribly hot weather in western China, Pakistan and Spain. Today, it is the turn of the UK.

The Independent UK

Head of US Marines vows to bolster defense in southern Japan

The head of the U.S. Marine Corps says his forces are committed to defending southwestern Japanese islands as the allies try to bolster their defenses amid growing threats from China and Russia

Benzinga

Why Alibaba Shares Are Rising Today

Alibaba Group Holding Ltd - ADR (NYSE: BABA) shares are trading higher by 10.30% to $111.90 following reports suggesting China's central bank has accepted Ant Group's financial holding company application.

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The Conversation

Pacific islands: an unexpected new dimension to power struggles between US and China

The island states of the Pacific – from large Papua New Guinea to the smaller island state of Tuvalu – find themselves in a newly influential position as the west and China battle for their strategic backing.

The Hindu

China foils bid to designate Lashkar deputy chief a terrorist

China foils bid to designate LeT deputy chief a terrorist

Reuters

U.S. supports Philippines in South China Sea, State Department says

The United States supports the Philippines in calling on China "to end its provocative actions and respect international law in the South China Sea," the State Department said on Friday.

Benzinga

China Continues Its Crackdown, Penalizes Social Media Influencer $16M For Tax Evasion

China has penalized a social media influencer, Xu Guohao, for $16 million for tax evasion.

Benzinga

Here's Why Aurora Mobile Shares Are Trading Higher Premarket

Shenzhen Development and Reform Commission granted a special support funding of RMB15 million to Aurora Mobile Limited (NASDAQ:JG) under the Strategic Emerging Industries Development Program. Aurora Mobile's deep learning related project had completed the acceptance test from the Commission. Aurora Mobile is a leading provider of customer engagement and marketing technology services in China.…

Bangkok Post

Chinese fintech giant Ant closer to reviving iPO

HONG KONG: China’s central bank has accepted an application by Ant Group to set up a financial holding company, a key step toward finishing a year-long overhaul of Alibaba founder Jack Ma’s fintech business and reviving its stock market debut.

The Japan News/Yomiuri

U.S. to establish Pacific cooperation framework

WASHINGTON -- The United States is planning to establish a cooperation framework next week with Japan, Australia and other countries to strengthen ties with Pacific nations, U.S. National Security Council (NSC) Indo-Pacific Affairs Coordinator Kurt Campbell revealed during a virtual conference.

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