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The Latest Breaking News from China

China relocates entire neighbourhoods 100 miles away in world's strictest Covid lockdown

China has repeatedly taken extreme methods in its attempts to try and stamp out any Covid cases, including forcibly moving people from their homes and into quarantine facilities

Daily Mirror

China President Xi Jinping proposes 'global security initiative'

It is the first time China has argued for "indivisible security" — a concept that means no state should strengthen its security at the expense of another nation — outside the context of the Russia-Ukraine crisis.

ABC News

Russia-Ukraine latest updates: UN chief to meet Putin in Moscow

Ukraine news from April 22: Guterres will meet Russian President Putin on Tuesday to press for fighting to stop.

Al Jazeera

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Alcoa vs. Aluminum Corp. of China: Which Stock is a Better Buy?

Aluminum prices have been skyrocketing lately due to production cuts from China and worsening supply chain disruptions. The strong demand for this lightweight metal and its high prices should benefit prominent players in this space, Alcoa (AA) and Aluminum Corporation of China (ACH). But which of these stocks is a…

StockNews.com

Think the Market is In for a Rough Ride? Then Add These 5 Stocks to Your Portfolio

The stock market seems set for a rough ride amid concerns about the Russia-Ukraine war, high inflation, and the Fed’s tightening monetary policy. Moreover, global growth is expected to slow due to the crisis in Europe and resurgent COVID-19 cases in China and elsewhere. Therefore, we think fundamentally strong stocks…

StockNews.com

China's bid for influence in Asia does not stop with Solomon Islands. This is how Beijing gained a foothold in Sri Lanka

While Australian and US officials express shock and disappointment over Beijing's deal with Solomon Islands, China has been making diplomatic and economic inroads across the region for years.

ABC News

Rosenblatt Did Not See Any Surprise From Seagate, Western Digital - Read Why

Rosenblatt did not expect any surprises from Seagate Technology Holdings PLC (NASDAQ:STX) and Western Digital Corp (NASDAQ:WDC) pre-announcing their March quarter results. The June quarter outlook is a different story. Continued COVID-related shutdowns in China may further delay security system deployments that use HDD storage. June quarter HDD revenue could have some upside if the…

Benzinga

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U.S. says China continues to 'parrot' some Russian security concepts

The U.S. State Department said on Thursday that China continues to "parrot" some of Russia's security ideas amid the war in Ukraine, including the Kremlin's concept of "indivisible security."

Reuters

Growing ambitions: On China-Solomon Islands pact

China's security pact with the Solomon Islands is a first, but unlikely to be the last

The Hindu

China’s Xi says talks, not sanctions, should resolve disputes

Remarks seen as confirmation that China will stick to stance of not criticising Russian invasion of Ukraine.

Al Jazeera

Senior U.S. officials to arrive in Solomon Islands for talks on Thursday - State Department

A White House delegation led by Indo-Pacific Coordinator Kurt Campbell is due to arrive in the Solomon Islands for talks later on Thursday, the U.S. State Department said, amid concerns about a security pact between the Pacific Island country and China.

Reuters

Space Blocs: The future of international cooperation in space is splitting along lines of power on Earth

Even during times of conflict on the ground, space has historically been an arena of collaboration among nations. But trends in the past decade suggest that the nature of cooperation in space is shifting, and fallout from Russia’s invasion of Ukraine has highlighted these changes.

The Conversation

Why Nio Shares Are Sinking Thursday

Shares of several Chinese stocks, including Nio Inc - ADR (NYSE: NIO), are trading lower as traders continue to digest the economic consequences of China’s zero Covid policy.

Benzinga

Why Alibaba Shares Are Sinking Thursday

Shares of several Chinese stocks, including Alibaba Group Holding Ltd - ADR (NYSE: BABA), are trading lower as traders continue to digest the economic consequences of China’s zero Covid policy.

Benzinga

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Newsroom.co.nz

From kiwifruit to Kishida: Ardern's Tokyo success

From “quirky’’ dancing Kiwifruit to powerful diplomacy talks - the Prime Minister’s first day in Tokyo had it all, writes political editor @jo_moir

Benzinga

Fosun Tourism Takes Off Globally, But Gets Grounded in China

Key Takeaways: Club Med operator Fosun Tourism reported a fourfold increase in revenue from its resort operations in the first quarter despite a resurgence of the Covid-19 Omicron variant Company is expected to return to profitability this year, with valuations that look competitive with other major global tourism stocks

The Guardian - AU

Factcheck: the Coalition says Labor always ‘takes China’s side’, but are the parties’ positions so different?

Did the opposition call Scott Morrison a ‘racist’ for shutting the border to China at the start of pandemic? Let’s look at the record

Newsroom.co.nz

NZ-China debate 'must go beyond black and white'

The NZ China Council's new executive director says we cannot shy away from the complications of China's rise.

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Benzinga

Yuan Pricing for Mainland China Buyers Could Lift Hong Kong Stocks

Key Takeaways: Hong Kong and mainland stock regulators will create a mechanism allowing mainland Chinese to buy Hong Kong stocks using China’s yuan through an existing connect program

Roll Call

Pandemic recovery, China competition, insulin cap help drive spending on lobbying - Roll Call

In the first quarter, spending on lobbying by just 10 groups or companies topped $75 million, up from $68 million last year.

The Independent UK

Tesla hits record $3.3bn profit in first quarter but warns factories will run below capacity in 2022

Analsysts say Tesla demand is overshadowing ‘brutal production issues in China as well as a Rubik’s cube supply chain’

Reuters

Hong Kong and China denounce foreign interference after YouTube blocks leadership candidate's channel

Governments in Hong Kong and China on Thursday denounced YouTube's blocking of a campaign account for Hong Kong's sole leadership candidate John Lee because of U.S. sanctions against him, accusing the U.S. of undermining freedom of speech.

Daily Mirror

Dramatic moment girl, 3, is dragged away by wild monkey while playing by herself

Footage shows the girl playing in front of her home in Chongquing, China, on April 19, when a monkey nearly as tall as her suddenly comes from behind

Benzinga

Google, Facebook Restrict Social Media Presence Of Hong Kong's Leadership Candidate

Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Meta Platforms Inc (NASDAQ: FB) have restricted the social media presence of former Hong Kong security chief John Lee due to U.S. sanctions, the Financial Times reports. Google-owned video streaming platform YouTube suspended Lee’s campaign channel, while Meta’s Facebook and Instagram banned payment services by the former official despite…

Benzinga

Danaher Clocks Q1 Sales Jump Of 12%, COVID-19-Related Restrictions In China To Impact Q2 Sales

Danaher Corp (NYSE:DHR) logged Q1 FY22 adjusted EPS of $2.76, up 9.5% Y/Y, surpassing the estimate of $2.66. Sales increased 12% to $7.7 billion, with 12% non-GAAP core and 8.0% non-GAAP base business core revenue growth, beating the $7.54 billion estimate. Operating cash flow reached $2 billion. Non-GAAP free cash flow reached…

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