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The Latest Breaking News from China

Solomon Islands says China security pact will not undermine peace

A security pact between the Solomon Islands and China will not undermine peace, the prime minister of the Pacific island nation told parliament on Wednesday in a bid to ease the worries of the United States and its allies about China's growing influence.

Reuters

China and Solomon Islands Sign Security Pact

Accord aims to assure social stability in South Pacific nation, China’s Foreign Ministry says, though U.S. fears it could lead to a Chinese military base there

Caixin Global

Central SOEs Post Slower Growth in First Quarter

Revenues and profits cool amid the Covid flare-ups and the war in Ukraine, offering a snapshot of the headwinds facing China’s economy.

Caixin Global

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Scott Morrison pushes back on claims the government bungled security relationship with Solomon Islands

The Prime Minister rejects accusations that the Coalition has bungled a key security relationship, after Solomon Islands shrugged off warnings from Australia and signed a new pact with China.

ABC News

PM defends role in Pacific amid China deal

Labor has attacked the Morrison government for not acting sooner to prevent a security deal from being signed between China and the Solomon Islands.

AAP

Chevrolet Seeker In China Could Preview New Crossover For US

The model could sit between the TrailBlazer and Blazer.

Motor1

China's complex abortion problem

Recent official pronouncements in China have sparked speculation that tighter restrictions on abortion may be in the offing. Six months ago, the Chinese State Council issued guidelines to lower the number of abortions performed for non-medical reasons. And in February, China's family-planning association announced that the authorities would launch a…

Bangkok Post

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SC order against internship for students who studied medicine in China and the Philippines: Minister

CM had taken up the issue with PM Modi: Ma. Subramanian

The Hindu

U.S. is concerned about lack of transparency of China pact with Solomon Islands –White House

The United States is concerned about the lack of transparency in China's reported security pact with the Solomon Islands, the White House said on Tuesday, calling it part of a pattern of Beijing offering "shadowy" deals to countries.

Reuters

Arms control at the mercy of great power politics

Nicholas Khoo argues that the realities of the politics between major powers often limit multilateral arms control agreements.

Newsroom.co.nz

Ardern's rocky road to reconnecting with the world

Political editor @jo_moir is on the road with the Prime Minister for her first trip abroad in more than two years, but it isn't all smooth sailing in Covid times.

Newsroom.co.nz

Wells Fargo Slashed Price Targets On Seagate and Western Digital - Read Why

Wells Fargo analyst Aaron Rakers maintained Seagate Technology Holdings PLC (NASDAQ:STX) with an Equal-Weight and reduced the price target from $110 to $90 (8.1% upside). Rakers maintained Western Digital Corp (NASDAQ:WDC) with an Overweight and decreased the price target from $80 to $70 (45.6% upside). Rakers reduced its estimates on Seagate and Western Digital ahead of their upcoming earnings releases. Also…

Benzinga

Taiwanese group provides democracy ratings for milk tea shops

The group hopes to mobilize consumers to push back against Beijing.

Axios

Is The Chinese Market's Rebound Over?

After a crash and a significant rebound, it looks like the Chinese stocks may be heading lower once again. As you can see on the following chart, shares of the iShares China Large-Cap ETF (NYSE: FXI) appear to be forming a new downtrend.

Benzinga

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Daily Mirror

Council compared to 'communist China' over patrols to stop people feeding birds bread

Complaints were made to Leicester City Council after some slices of bread were left out for the birds in Rushey Mead - before wardens posted a warning tweet showing four bits of bread left on the ground

Salon

Putin's Ukraine fiasco: What's next?

This war's not over, Clarke warns, but Russia's no longer a great power: It's a "gas station with nuclear weapons"

The Guardian - US

New York Times names Joseph Kahn as executive editor

Kahn, 57, was newspaper’s managing editor after working as a reporter in China and leading the international news desk

Benzinga

InnoCare Pharma Goes Back to Funding Trough With STAR Market Listing

Key Takeaways:

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Benzinga

Titanium Miner LB Group Seeks to Shine in Hong Kong IPO Raising up to $1.5 Billion

Key Takeaways: LB Group has filed for a Hong Kong IPO to raise up to $1.5 billion, aiming to consolidate its place as Asia’s leading producer of titanium dioxide pigments Listing would complement company’s existing Shenzhen A-shares, which look sharply undervalued compared with industry peers By Andrew Curran

InsideEVs

China: Wuling Hong Guang MINI EV Notes Close to 100,000 Sales In Q1 2022

The Wuling Hong Guang MINI EV has quickly become the best-selling electric vehicle in China, and despite new competition in its segment, it still remains on top.

Benzinga

Jack Ma's Alibaba Fintech To Grab Majority Ownership Of This Payments Platform

Jack Ma founded Alibaba Group Holding Ltd (NYSE:BABA) fintech affiliate, Ant Group, is set to become the majority investor in Singapore-based payments platform 2C2P as part of a partnership, Reuters reports. The deal will integrate Ant's Alipay+ payment service with 2C2P's platform used by merchants in Asia, Europe, the Middle East, and the Americas.…

Caixin Global

Opinion: China Is Still Investible, but Skills Needed to Succeed Have Changed

Investing in the country requires paying close attention to policymakers’ long-term vision, so deciphering their signals is now crucial

Los Angeles Times

The quest to save Cantonese in a world dominated by Mandarin

LOS ANGELES — Laura Ng had a dual motive for taking Cantonese classes at Stanford.

The Guardian - UK

Fear, paranoia, anger – this is life under China’s zero-Covid strategy

The threat of Omicron in no way justifies this draconian response, says a British writer living near Shanghai

Axios

China's economy is sputtering

The path of the world economy and global financial markets this year largely hinges on China's economic and public health.

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