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The Latest Breaking News from China

BMW And Audi Reportedly Halt Shipments To China By Rail: What You Need to Know

The Russia-Ukraine crisis is continuing to affect the fortunes of automakers in more than one way. Alongside severely impairing the supply chain, the geopolitical tension is also seen casting a cloud on logistics.

Benzinga

US threatens military action if China sets up Solomon Islands base: ‘Would very naturally respond’

New security pact allows China to send police and military personnel to Solomon Islands while also opening doors for Chinese warships to stop in port

The Independent UK

Sri Lanka discusses loan from China to cover earlier debts

Sri Lanka’s government says China does not want to restructure its loans to the island nation but is discussing making an additional loan to help with repayment of existing debts

The Independent UK

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Solomon Islands tells Japan it will not allow China military bases

Solomon Islands Prime Minister Mannaseh Sogavare told a visiting Japanese delegation on Tuesday that he had no intention of allowing China to build military bases in his country, Japanese Foreign Minister Yoshimasa Hayashi said.

Reuters

China dismisses speculation it may try to influence Twitter via Tesla

China's foreign ministry said on Tuesday there was no basis to speculation that Beijing could try to use leverage over electric car maker Tesla Inc in order to influence content on U.S. social media site Twitter Inc.

Reuters

EU warns Elon Musk that Twitter must stick to digital rules – as it happened

Rolling coverage of the latest economic and financial news, including the latest on Elon Musk’s takeover of Twitter

The Guardian - UK

Taiwan aims to learn lessons of Ukraine in annual military drills

Taiwan will incorporate lessons learned from Russia's invasion of Ukraine into upcoming military exercises aimed at practising fighting off a Chinese attack, the island's defence ministry said on Tuesday.

Reuters

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Shanghai Composite Index Fell 1.44% on Tuesday

Shenzhen Component Index closed down 1.66%

Caixin Global

FTSE 100 Live: Reaction to Elon Musk’s Twitter deal, markets recover after China losses

Elon Musk’s Twitter deal has set the tone for a stronger European session as sentiment recovers after hefty China-driven losses.

Evening Standard

Beijing enforces mass COVID testing, closes neighborhoods

Beijing was enforcing mass testing and closing down access to neighborhoods as China’s capital sought to contain a new COVID-19 outbreak

The Independent UK

Labor’s Pacific plan is underdone and risks further politicising foreign policy

The news China has negotiated and signed a defence cooperation agreement with the Solomon Island has exposed the Australian government to a barrage of criticism.

The Conversation

Jeff Bezos questions China’s influence over Elon Musk’s Twitter

Amazon founder raises concerns after Tesla boss strikes $44bn deal to buy social media platform

The Guardian - UK

Sri Lanka begins talks with China on refinancing debt

Sri Lanka has begun discussions with China about refinancing its debt, a cabinet spokesman said on Tuesday, as Colombo struggles with its worst financial crisis in decades.

Reuters

Beijing Expands Mass Testing as Lockdown Fears Grow

Beijing on Tuesday launched mass coronavirus testing for nearly all its 21 million residents, as fears grew that the Chinese capital may be placed under a strict lockdown like Shanghai. China is trying to contain a wave of infections in Shanghai -- its biggest city -- which has been almost…

Asharq Al-Awsat

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Al Jazeera

Asia facing ‘stagflationary’ risks, IMF official warns

Senior official points to Ukraine war, soaring commodity prices and China’s economic slowdown as risks to the region.

Reuters

Australia PM trails in poll amid criticism over handling of China-Solomons deal

Australian Prime Minister Scott Morrison is struggling to close the gap with the main opposition ahead of an upcoming general election, a poll showed on Tuesday, amid criticism over his handling of a security pact between China and Solomon Islands.

The Guardian - UK

Too many new coal-fired plants planned for 1.5C climate goal, report concludes

Number of new plants planned fell last year, but coal-generated electricity rose by 9% to record high

Evening Standard

Covid camps, fenced-off apartments and workers forced to sleep in factories — inside Shanghai’s lockdown

More than 25 million residents have been shut inside their homes for four weeks while officials battle to contain the city’s worst Omicron surge to date. As fences go up around housing blocks with no end to the lockdown in sight, Ed Tucker reports from China’s Covid frontline

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The Guardian - AU

Xinjiang: UN team in China ahead of visit by human rights chief

Michelle Bachelet due to visit Uyghur region in May after United Nations long pushed China for ‘unfettered, meaningful’ access

The Independent UK

Australian opposition party vows to train Pacific armies

Australia’s opposition party has promised to establish a Pacific defense school to train neighboring armies in response to China’s potential military presence on the Solomon Islands

Reuters

South Korea key for Europe to manage fallout from China-U.S. rivalry, report says

Closer ties between the European Union and South Korea under President-elect Yoon Suk-yeol are imperative for managing China's rising power and the increasing rivalry between Beijing and Washington, former ambassadors and officials said.

ABC News

Labor promises to counter Chinese influence in the Pacific with $525 million step up in foreign aid

Labor will boost foreign aid to the Pacific by more than half a billion dollars, establishing climate and defence training programs and overhauling visa programs, as part of an effort to counter China's influence in the region.

Financial Times

America’s lopsided China strategy: all guns and no butter

Facing criticism that its approach focuses too much on defence, the administration is preparing an economic plan for the Indo-Pacific

Al Jazeera

Could Asia save Putin from an EU energy ban? It’s not so simple

Infrastructure issues, political pressure and low demand could prevent Asia from absorbing diverted energy supplies.

Reuters

U.S. seeks to increase security cooperation with Papua New Guinea

The United States wants to expand security cooperation with the Pacific island nation of Papua New Guinea, a U.S. official said on Tuesday, amid concerns in Washington about China's motives for striking a security pact with the nearby Solomon Islands.

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