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The Latest Breaking News from China

Why India chose a path of 'proactive neutrality' on Ukraine

Since Russia invaded Ukraine in February, India’s refusal to condemn Russia and maintain a neutral stance has sparked many debates at home and criticism abroad. US President Joe Biden called India’s stance “somewhat shaky”. However, shortly after, the US also called India an essential partner in realising its mission for…

The Conversation

Blinken says China biggest threat to press freedom for number of journalists detained

Blinken says Biden administration is ‘concerned’ about press freedom in China

The Independent UK

Morning Brief: Top Financial Stories Dominating on Wednesday, May 4

Reuters HSBC Kick Starts Its $1B Planned Share Buyback

Benzinga

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Chinese Analyst Who Highlighted Delisting Risks For US-Listed Companies Like Alibaba Suddenly Leaves State-Owned Brokerage

One of China's most prominent and outspoken market analysts has quietly left the state-owned brokerage he was employed at, days after his Chinese social media accounts were suspended, according to a Reuters report.

Benzinga

DiDi Faces Double Whammy Of US, China Investigations

The U.S. SEC is probing DiDi Global Inc's (NYSE:DIDI) botched U.S. IPO, the Financial Times reports. DiDi's annual report disclosed that "the SEC contacted us and made inquiries in relation to the offering." DiDi President Jean Liu also made her posts on the Chinese social media platform Weibo Corporation (NASDAQ:WB) invisible to her 10 million…

Benzinga

US readying ‘seismic’ sanctions on Chinese surveillance company

The company has been accused of supplying surveillance equipment for the detention of Uyghur Muslims in China

Evening Standard

Beijing imposes new transit restrictions in bid to contain COVID

As Omicron spreads, officials in China’s capital city are trying to avoid the kind of mass lockdown seen in Shanghai.

Al Jazeera

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Pandora Warns of Uncertainty in 2022 after Record Quarter

Jewellery maker Pandora warned on Wednesday that higher inflation and the Ukraine war posed increased uncertainty for its full-year earnings, despite reporting record first-quarter revenue and raising its sales outlook slightly. "We are very pleased with the strong start to the year delivering record revenue for a first quarter," Chief…

Asharq Al-Awsat

Unraveling the Controversies of Chinese Foreign Aid

China’s new aid and security pact with the Solomon Islands is the latest case to raise the question of whether Chinese aid is developmental or a political.

The News Lens

Mercedes Boss Wolff Hopes China Can Host Several Races in Future

The Chinese Grand Prix is absent from the calendar for the third straight year due to the COVID-19 pandemic but Mercedes boss Toto Wolff said Formula One can have a "strong footprint" in the country and hopes it will one day host three races each season. China is relatively lacking…

Asharq Al-Awsat

World’s longest glass-bottom bridge opens in Vietnam

New bridge beats China’s 526m-long structure in the Huangchuan Three Gorges area of Guangdong, which opened in September 2020

The Independent UK

China analyst leaves state-owned brokerage after bearish commentaries

Hong Hao, a managing director and head of research at Bank of Communications International Holdings Co (BoCom International), has left the brokerage, a spokesperson for the firm told Reuters on Wednesday.

Reuters

Taiwan cracks down on China poaching tech talent

Taipei is ramping up efforts to stem brain drain in semiconductor industry as officials warn of a ‘red supply chain’.

Al Jazeera

Modi, Macron put Ukraine rift aside to take Indo-French ties to next level

Indian Prime Minister Narendra Modi becomes the first world leader to have a face-to-face meeting with his frequently cited “friend” Emmanuel Macron following the French president’s re-election victory. While India, unlike France, still refuses to publicly condemn Russia over the Ukraine war, the two leaders share plenty of common ground.

France 24

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ABC News

Solomon Islands Prime Minister ups ante with criticism of Australia while praising China during tirade in parliament

The Prime Minister of Solomon Islands launches a tirade in parliament, suggesting Australia and its allies are deliberately trying to undermine his government, criticising the Western response to Russia's invasion and praising China's treatment of Christians.

France 24

Death penalty in Singapore: demonstrations organized as 'sense of injustice' grows

In Singapore, the fate of two Malaysian men on death row has sparked local mobilisation and attracted international attention. On April 25th, Nagaenthran Dharmalingam was hanged. With an IQ of 69, which is recognized as a disability, his execution could amount to a breach of international law. The next day,…

The Hindu

End of the age of soft power?

The 21st century was to be driven by the win-win use of soft power — but in the last few years global leaders have rejected it in favour of a ‘might is right’ attitude

The Guardian - AU

Scott Morrison has not spoken to Solomon Islands prime minister since calling election

Australian PM insists he wants positive relationship, while Manasseh Sogavare says use of ‘back yard’ to describe country is offensive

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Caixin Global

Shrinking Capital Investment Drags Down Caixin New Economy Index

The share of high-value added industries in China’s overall economic inputs dropped to 28.8% in April from 30.6% the previous month, the NEI shows

Benzinga

Tesla Confirms Plans For New Shanghai Plant That Would Double China Capacity

Tesla Inc (NASDAQ: TSLA) has confirmed plans to build a second manufacturing plant in Shanghai as it looks to double production capacity in China, Reuters

Al Jazeera

Tesla most ‘future-ready’ carmaker, China’s BYD rising: Report

Japan’s Toyota second, followed by Germany’s Volkswagen and South Korea’s Hyundai.

The Independent UK

Beijing closes 10% of subway stations to stem COVID spread

Beijing is closing some 10% of the stations in its vast subway system as an additional measure against the spread of coronavirus

The Guardian - AU

Beijing reopens mass isolation centre in fight against Covid

Chinese capital ramps up efforts to control Omicron outbreak and avoid lockdowns

Reuters

Beijing steps up COVID curbs as virus spreads in China

Beijing shut scores of metro stations and bus routes and extended COVID-19 curbs on many public venues on Wednesday, focusing efforts to avoid the fate of Shanghai, where millions have been under strict lockdown for more than a month.

ABC News

Outcry in China after Shanghai aged care resident was wrongly declared dead and sent to morgue in body bag

Five people are under investigation after an elderly resident at the care home was mistakenly declared dead, placed in a body bag and loaded into a car bound for the morgue.

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