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The Latest Breaking News from China

U.S. has not seen China providing military equipment to Russia - White House

U.S. national security adviser Jake Sullivan said on Tuesday he has not seen any evidence of China providing military equipment to Russia.

Reuters

Ukraine Urges China to Play More Visible Role to Halt War

Ukraine wants China to play a more "noticeable role" in halting the war being waged by Russia on its territory and also to become a future guarantor of its security, a senior aide to Ukrainian President Volodymyr Zelenskiy said on Tuesday. Andriy Yermak, who heads Zelenskiy's office, also said he…

Asharq Al-Awsat

5 Nike Analysts Praise Q3 Earnings Beat, Booming North American Sales Growth

Nike Inc (NYSE: NKE) shares gained 4.3% on Tuesday after the company reported a fiscal third-quarter earnings beat, driven by strong North American demand in an uncertain international market.

Benzinga

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India tries diplomatic dance on Ukraine, but Russia is an awkward partner

India’s failure to condemn Russian aggression in Ukraine at all costs reflects its longstanding relations with Moscow. But as the war enters a more brutal phase, it’s a price that might be too high to pay, even for cheap Russian oil and arms, if it draws New Delhi’s archrivals closer…

France 24

Russia sanctions: new impetus for Chinese yuan to move up the reserve currency ladder?

The invasion of Ukraine by the Russian forces has led to the most aggressive financial sanctions by Western countries against another country in modern history.

The Conversation

China jet’s nosedive from 29,000 feet baffles crash specialists

The China Eastern Airlines Corp. jet was flying a normal route to Guangzhou when it suddenly nosed over at cruise altitude and dove.

Tribune News Service

Finding China Eastern black boxes ‘key task’ for search teams

No survivors have been found since the plane plunged from its cruising altitude during a flight to Guangzhou on Monday.

Al Jazeera

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Nine million locked down in China, masks returning in Europe - new Covid wave gripping the world

Countries across Europe and Asia are witnessing a spike in cases due to the BA.2 variant of Omicron

Irish Mirror

‘A blatant lie’: China and Taiwan fight for credit over rescue of sailors lost at sea for 29 days

Both governments are claiming responsibility for rescue of nine Papua New Guinean nationals last month

The Guardian - AU

Ukraine urges China to play more visible role to halt war

Reuters

Vocational Focus Lets Minsheng Education Thrive Amid Crackdown

Key Takeaways:

Benzinga

China Asks US-Listed Companies To Prepare For Audit Inspections: Will That Ease Delisting Fears For BABA And Others?

The backlash recently suffered by U.S.-listed Chinese stocks is partly attributable to fears of potential delistings in the U.S. The delisting threat stems from the SEC's mandate that the companies should share their audit inspection as a precondition for continued listing in the U.S. It now appears that Chinese authorities are…

Benzinga

Is Tesla 'About To Have A Big Run'? Why Jim Cramer Says EV Stock Could Lead The Market Higher

Tesla Inc (NASDAQ: TSLA) officially opened its new German electric vehicle plant Tuesday as the company aims to diversify manufacturing outside of the U.S. and China. Following the news, Jim Cramer said everything is lining up for Tesla at just the right time.

Benzinga

BofA: 3 Upgrades, 3 Downgrades On New Set Of Global Challenges

Corporates are facing new challenges, including the Russia-Ukraine war, COVID outbreaks in China, rising energy prices, interest rate hikes, and new supply chain disruptions, some of which could materialize into new headwinds, according to BofA Securities. The Chemicals Analyst: Steve Byrne upgraded three stocks and downgraded three others.

Benzinga

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Daily Mirror

China plane crash: Unexplained 30 seconds from doomed flight baffles experts

As mystery surrounds how the aircraft fell from the sky with such speed, aviation experts have said there appears to be 30 seconds unaccounted for - from the final 150 seconds recorded

StockNews.com

5 Chinese Tech Stocks Wall Street Predicts Will Rally by More than 45%

Despite increased regulatory pressure on Chinese tech stocks, the industry holds enormous long-term growth potential. In addition, Beijing's pledge to support the country’s economy by adopting favorable policies should further aid the sector’s performance. Therefore, Wall Street Analysts expect fundamentally sound Chinese tech stocks DiDi Global. (DIDI), GDS Holdings (GDS),…

StockNews.com

Up Fintech vs. FinVolution Group: Which Stock is a Better Buy?

Fintech companies have been at the forefront of changing the way businesses and individuals administer financial transactions. The COVID-19 pandemic-fostered remote culture has boosted the fintech industry’s growth. Since the industry’s prospects look bright, Chinese fintech stocks FinVolution (FINV) and UP Fintech (TIGR) should benefit. But which of these stocks…

Daily Mirror

Doomed China plane crashed after 'human activity' killing 132, chilling theory says

Horrifying footage shows the aircraft nosediving to the ground - with one aviation expert saying a technical fault would not have caused such a sudden and rapid manoeuvre

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France 24

China sticks to zero-Covid policy: Tens of millions endure new lockdown

After first appearing in China more than two years ago, Covid-19 has returned to the Middle Kingdom. The country had largely succeeded in keeping infection and mortality rates in check. But in recent weeks, the Omicron variant has posed a significant challenge to the country's zero-Covid strategy. Once again, harsh…

Benzinga

Here's Why Alibaba's Stock Didn't Get a Boost Despite Big Share Buyback: Bloomberg

Alibaba Group Holding Ltd (NYSE:BABA) shares traded 60% below the 2021 peak despite a $9 billion share buyback boost, Bloomberg reports. The boost marked the third increase since China's domestic tech crackdown started in late 2020. After the buyback announcement, Alibaba's shares jumped up to 9.8% to HK$108.80 in Hong Kong, trailing the February…

Reuters

China says investigation into crashed jet faces serious difficulties

Investigations into the China Eastern Airlines crash face a "very high level" of difficulty due to the severe damage to the aircraft, an official from China's aviation regulator said on Tuesday.

The Hindu

India must stand against ‘autocracies’ like Russia and China: senior U.S. official

Undersecretary of State for Political Affairs Victoria Nuland ends visit, calls on Jaishankar

The Independent UK

Pakistani PM urges Islamic nations to mediate in Ukraine war

Pakistan’s prime minister has urged foreign ministers from Muslim-majority nations to help end Russia’s war in Ukraine, appealing also on China’s top diplomat to join the effort

Dynamite News

OIC meeting: Pakistan PM rakes up Kashmir, fails to speak against rights violation of Uyghurs by China

Turning a blind eye to China's suppression of Uyghur Muslims, Pakistan Prime Minister Imran Khan once again raked up the issue of Kashmir at the Organisation of Islamic Cooperation (OIC) meeting in Islamabad.

The Hindu

Data | India reduced arms imports from Russia, while China’s dependency increased

Russia has been the most preferred source for India’s defence purchases since at least the 2000s with an exception in 2021, when France replaced Russia as India’s primary source

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