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The Latest Breaking News from China

Chinese and Russian ambitions in space pose threat, Pentagon warns

China and Russia are increasing their capacities to threaten the United States from space, according to a new Pentagon report.

Roll Call

Explained: How Sri Lanka fell into debt trap, defaulted on foreign payments

NEW DELHI: Grappling with its worst economic crisis since the country got independence in 1948, Sri Lanka on Tuesday announced a default of $51 billion on foreign debt.

The Times of India

VNET Finally Gets Some Respect from Unsolicited Suitor

Key Takeaways: VNET has received an unsolicited buyout offer that is 50% higher than its previous stock price, sparking a 30% surge in its shares Company is the relative laggard among China’s three major independent data center operators despite its status as the oldest of the group By Doug Young

Benzinga

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read the most diverse news in one place.

3 Stocks with Monster Upside Potential, According to Wall Street

Despite the recent market pullback due to rising Treasury yields, expectations regarding the Fed’s tighter monetary policy, and declining oil prices amid COVID-19 lockdowns imposed in China, quality growth stocks that seem relatively resistant to the market’s uncertainties are attracting investors’ attention. Thus, Wall Street analysts suggest buying fundamentally solid…

StockNews.com

Gay references removed from Fantastic Beasts 3 for Chinese release

Big-budget fantasy sequel has had six seconds cut, as Warner Bros releases statement to say ‘the spirit of the film remains intact’

The Guardian - US

Japan, Italy to lift defense ties amid China, Russia worries

Japanese Defense Minister Nobuo Kishi says he and his Italian counterpart agreed to step up military cooperation as Japan expands security ties with Europe amid concern about Russia’s invasion of Ukraine and its impact on Asia

The Independent UK

Annual Inflation Hits 8.5 Percent, Highest Rate Since 1981

Plus: China's unsustainable COVID lockdowns, Texas Gov. Greg Abbott's performative anti-immigration antics snarl supply chains, and more...

Reason

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Why This Nvidia, Qualcomm Analyst Is Lowering Price Targets For These Chip Stocks

Nvidia Corporation (NASDAQ: NVDA) shares command a premium valuation, and sell-side's theses have all along justified its valuation due to the chipmaker's strong growth profile and optionality.

Benzinga

A Peek Into The Markets: US Stock Futures Down Ahead Of March Inflation Report

Pre-open movers U.S. stock futures traded lower in early premarket trade after the Nasdaq Composite index closed at 13,411.96, a dip of almost 300 points. Investors are awaiting the annual inflation number for March, which is forecasted at 8.4%, a steep rise from 7.9% in February.

Benzinga

Chinese markets sink as lockdowns and inflation linger

Lockdowns in China, a manufacturing behemoth, could weaken both its economy and the world’s.

Axios

China Starts Issuing Videogame Licenses Again: WSJ

China’s videogame regulator has started granting publishing licenses to new titles, ending a months-long freeze in the world’s largest mobile game market, the Wall Street Journal reported. The country stopped issuing licenses in July 2021, after Beijing tightened rules on the industry. The report noted approved 45 videogames last week, including…

Benzinga

US Asks All Non-Emergency Government Staff In Shanghai To Leave As COVID Surges: CNBC

The U.S. State Department has ordered all non-emergency government staff and their family members in Shanghai to leave following a surge in COVID-19 cases, CNBC reported. "Reconsider travel to the People's Republic of China (PRC) due to arbitrary enforcement of local laws and COVID-19-related restrictions," the report quoted the State Department.…

Benzinga

Tesla Wrests SUV Leadership In China; Model Y Tops Category In Q1

Tesla, Inc. (NASDAQ: TSLA) has come out on top in China, one of its key markets.

Benzinga

Bosch Halts Production At Two China Plants: Reuters

German auto parts supplier Bosch has halted production in the Chinese cities of Shanghai and Changchun following COVID-19 curbs, Reuters reported. Bosch has closed shutters at a Thermotechnology factory in Shanghai and an automotive components site in Changchun in northeastern Jilin province. The report noted two other plants in Shanghai and Taicang city…

Benzinga

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news in one place.

100's of premium titles.
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Benzinga

Taiwan, Worried About China Stealing Its 'Crown Jewel,' Pushes For Speedy Passage Of Laws Protecting Chip Industry

In a bid to save its crown jewel, Taiwan's Premier has called for the swift passage of revisions to laws to prevent China from stealing its semiconductor technology, according to a Reuters report.

The Guardian - AU

US tells some consulate staff to leave Shanghai as Covid outbreak worsens

State department cites risk of children and parents being separated as EU warns zero-Covid strategy eroding investor confidence

France 24

China's zero-Covid policy: Shanghai struggles with tough sanitary measures

Some coronavirus restrictions are being eased in Shanghai, despite the Chinese city reporting recent record highs of new cases. Residents have grown increasingly frustrated as they've struggled to find enough food and medicine. We get analysis from Carl Minzner, senior fellow for China studies at the Council on Foreign Relations…

The Independent UK

China ‘deplores’ missile strike on Ukraine train station but doesn’t blame Russia directly

Relevant circumstances must be established and accusations should only be based on facts, China says

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The Independent UK

US orders consular staff to leave Shanghai amid Covid lockdown

Order comes as Shanghai eases restrictions after two weeks of stringent lockdown

The Guardian - UK

First Thing: Russia using weapons ‘smuggled by Iran’ in Ukraine

Anti-tank missiles and RPG’s are being supplied through undercover networks via Iraq, militia there say. Plus, how sonic pollution hurts marine life

Reuters

Shanghai patients crowdsource medical help during COVID lockdown

Shanghai residents have turned online for grassroots help on medical treatment as the city's tough COVID-19 curbs limit access to healthcare and fuel frustration and anxiety.

Axios

Shanghai lockdown: A modern city starves

The Chinese government's COVID crackdowns are severe.

Axios

Former Xinjiang prisoner arrives in U.S. as key witness to abuses

Ovalbek Turdakun will provide evidence for a case submitted to the International Criminal Court.

The Guardian - AU

China requested heavily armed security team be sent to Solomon Islands, leaked documents reveal

The 10-person detail was to be armed with pistols, rifles, two machine guns and a sniper rifle to protect Chinese embassy

Asharq Al-Awsat

Japan’s Honda Outlines Strategy to Forge Ahead on EVs

Honda is investing 5 trillion yen ($40 billion) over the next decade in research, especially to realize a major shift to ecological electric vehicles, the Japanese automaker said Tuesday. The products and services in the works will account for more than half of its 8 trillion yen ($64 billion) research…

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