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The Latest Breaking News from China

China finds recent water flows on Mars, with big implications for alien life

China's Zhurong rover found geologically recent water on Mars, billions of years after it should have been gone.

Inverse

How the West discovered the Buddha

Buddhism is the third largest (and fastest growing) religion in Australia with approximately half a million adherents.

The Conversation

Which Chinese Firms Face Delisting From US Stock Exchanges?

Geopolitical tensions between China and the US have escalated in recent years amid efforts by both countries to become the world’s economic powerhouse.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

North Korea did an amazing job of keeping COVID out. Or it lied

Few health experts believe North Korea managed to keep out COVID-19 since early 2020. So when Kim Jong Un officially confirmed the nation’s first case on Thursday, the question was more: “Why now?”

Tribune News Service

Chinese-speaking voters critical of Coalition’s ‘militaristic’ stance on China in lead-up to 2022 election, WeChat study shows

Labor also faces criticism, but Albanese is gaining ground in news coverage on Chinese social media platform, research finds

The Guardian - AU

Facing Double Whammy in India, Will Xiaomi Look Home for Comfort?

Key Takeaways: Xiaomi has been accused of tax evasion in India, though the company claims its activities complied with local laws Ban of company’s local apps is dealing a second blow to Xiaomi in India, leading some to predict it could switch its focus back to its home Chinese market

Benzinga

Texhong Eyes Vietnam in World of Diversifying Supply Chains

Key Takeaways: Texhong is preparing to launch a major facility in Vietnam that will sharply boost its fabric production to complement its larger cotton yarn business Company now manufactures nearly 40% of its output in the Southeast Asian nation and is one of the biggest U.S. cotton buyers in the…

Benzinga

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Business owners waited years for COVID-19 loans—and now it’s too late

Jaja Chen and her husband Devin Li were elated when they signed a lease for their new bubble tea shop, Cha Community. Both Asian-American immigrants (her from Taiwan, him from China), they said it was a struggle to find authentic Asian food in their new home of Waco, Texas. So…

Tribune News Service

2 Aluminum Stocks to Buy During the Selloff

Concerns over low demand because of slowing manufacturing activity amid extended COVID-19 lockdowns in China, and declining aluminum prices, have triggered a broad selloff in aluminum stocks. Amid the ongoing market correction, we think investors should take advantage of the price dip in fundamentally sound aluminum stocks Aluminum Corporation China…

StockNews.com

Camtek Clocks 35% Revenue Growth In Q1 Backed By Robust Order Flow Amid China's Covid Lockdown, Global Tensions

Camtek Ltd (NASDAQ:CAMT) reported first-quarter FY22 revenue growth of 35% year-on-year to $77.17 million, marginally beating the consensus of $77 million. The non-GAAP gross margin expanded 130 bps to 52%. The non-GAAP operating margin expanded by 160 bps to 28.8%. Non-GAAP EPS of $0.44 missed the consensus of $0.45. The company held $428.3…

Benzinga

UN Human Rights Council votes to start war crimes probe in Kyiv

33 countries voted in favor and only two, China and Eritrea, voted against.

Axios

Can Marvel Films Profit Without Playing In China? Here's What Disney CEO Bob Chapek Says

Walt Disney Co.

Benzinga

Read How Himax Technologies Fared In Q1

Himax Technologies, Inc (NASDAQ:HIMX) reported first-quarter FY22 revenue growth of 33.6% year-on-year to $412.8 million. Net revenues declined 8.6% sequentially. Revenue from large display drivers grew 60% Y/Y to $110.6 million. Monitor and notebook IC sales decreased sequentially on the backdrop of slowing end market sell-through. TV revenue was flat sequentially, anchored by…

Benzinga

Alibaba And Other Chinese Stock Investors Remain Cautious Over China's Political Body Forum With Leading Firms

China’s top political advisory body looks to host a forum next week with some of the nation’s largest private-sector firms, including Baidu, Inc (NASDAQ:BIDU), Bloomberg reports. While the conference focused on developing China’s digital economy, investors will likely watch for a possible wind-down of its year-long crackdown on the tech sector after a…

Benzinga

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Daily Mirror

China set to launch new high-tech aircraft supercarrier as big as nine blue whales

Weighing in at 90,000 tonnes and longer than nine blue whales end to end, the beast is the said to be the most technically advanced China has ever seen

Reuters

Hong Kong police file complaints to lawyer groups over national security case

Hong Kong police said on Thursday they had filed complaints to the city's main professional legal bodies over a national security case involving a fund that had assisted pro-democracy protesters to pay for legal services.

The Guardian - US

Elon Musk praises Chinese workers for ‘burning the 3am oil’ – here’s what that really looks like

Tesla’s massive Shanghai ‘Giga-factory’ pushes its workers to the limit to meet production targets amid an ongoing pandemic lockdown

Reuters

COVID crisis could deepen N.Korea food shortages amid drought warnings

North Korea's coronavirus outbreak threatens to deepen its already dire food situation this year, as a nationwide lockdown would hamper ongoing anti-drought efforts and the mobilisation of labour, analysts said.

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The Independent UK

China accuses US of ‘political manipulation’ for changing wording about Taiwan on website

The State Department denies Beijing’s accusations and says the US’s underlying policy with Taiwan has not changed

The Guardian - UK

NFT scams, toxic ‘mines’ and lost life savings: the cryptocurrency dream is fading fast

It was supposed to be a financial revolution. Instead, crypto has become an environmentally disastrous gift to con artists, says academic David A Banks

Asharq Al-Awsat

Oil Slips on Fears Recession May Hit Demand

Oil prices fell on Thursday in a volatile week as recession fears dogged global financial markets, outweighing supply concerns and geopolitical tensions in Europe. Brent crude was down $1.92, or 1.8%, to $105.59 a barrel at 1202 GMT.

Caixin Global

China Says It Will ‘Strictly Restrict’ People From Entering or Leaving the Country

National Immigration Administration promises to limit ‘unnecessary outbound activities’ of Chinese citizens, without elaborating

Asharq Al-Awsat

Plane Veers Off Runway in China and Catches Fire; 36 Injured

A Chinese passenger jet veered off the runway during takeoff and caught fire on Thursday, sending black smoke billowing into the air and injuring more than 30 people. The Tibet Airlines flight with 122 people on board was departing from the southwestern city of Chongqing for a flight to Nyingchi…

Asharq Al-Awsat

North Korea Reports First Covid Cases, Kim Orders National Lockdown

North Korea confirmed its first-ever Covid cases on Thursday and declared a "serious emergency", with leader Kim Jong Un ordering lockdowns across the country. The nuclear-armed country had never admitted to a case of Covid-19 and the government had imposed a rigid coronavirus blockade of its borders since the start…

Al Jazeera

‘Barbaric war on Ukraine’: EU’s von der Leyen denounces Russia

European Commission president calls Russia the ‘most direct threat’ to international order during annual meeting.

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