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The Latest Breaking News from China

US won’t rule out military action if China establishes base in Solomon Islands

Ambassador Daniel Kritenbrink warns security pact presents ‘potential regional security implications’

The Guardian - AU

China dismisses speculation about plans for Solomon Islands military base

China's Foreign Ministry spokesperson says claims that Beijing intends to build a military base on Solomon Islands after signing a security agreement with the Pacific nation are "completely fabricated".

ABC News

Jeff Bezos takes aim at Musk's Twitter deal With China jibe

Amazon.com Inc founder Jeff Bezos posed a provocative question after Elon Musk clinched a $44 billion takeover of Twitter Inc: whether that will make things difficult for Tesla Inc in China.

The Times of India

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Morning digest | Elon Musk buys Twitter for $44 billion; No limits to Russia-China friendship, warns EU chief amid Ukraine crisis, and more

A select list of stories to read before you start your day

The Hindu

Temper tantrums and invasion threats over Solomon Islands deal with China will push Pacific allies away

Behaving like the security deal is a catastrophe lessens our standing in a region sick of being seen as a geo-strategic chessboard

The Guardian - AU

Beijing to test 20 million for COVID in bid to avert Shanghai lockdown misery

Three-quarters of Beijing's 22 million people lined up for COVID-19 tests on Tuesday as authorities in the Chinese capital raced to stamp out a nascent outbreak and avert the debilitating city-wide lockdown that has shrouded Shanghai for a month.

Reuters

Global military spending tops $2 trillion for first time, led by U.S.

The U.S. spent 38% of the global total, with China at 14%

Axios

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BlackRock Venture Launches First Pension Product in China

BlackRock’s majority-owned joint venture in China launched its first pilot pension wealth management investment in government and financial bonds.

Caixin Global

Payne says China military base in Solomons would be a ‘red line’ – as it happened

This blog is now closed

The Guardian - AU

In election 2022 battleground seats, voters are switching off politics but economic issues loom

From marginal seats with diverse communities to blue-ribbon ones with climate-focused independents, voters are fed up with political spin and are seeking policy action on big issues like the cost of living and climate change.

ABC News

Morning mail: lobby group under fire for trans billboard, old China trip sparks new dispute, Elon Musk buys Twitter

Tuesday: AOC and Swimming Australia threaten legal action over billboards claiming ‘women’s sport is not for men’. Plus: the world’s richest man now owns Twitter

The Guardian - UK

China plans system to take out asteroids hurtling toward earth

China plans to develop a system for monitoring asteroids that pose a threat to earth, highlighting the nation’s growing ambitions for its space program.

Tribune News Service

Markets Pare Early Losses As Musk-Twitter Agree On Buyout Deal

U.S. indices pared early losses and closed higher Monday. Markets were trading lower to start the session as stocks continued to fall after the Fed last week indicated it may move more quickly on rate hikes to combat inflation. China’s COVID-19 outbreak has also added to global macro uncertainty.

Benzinga

FDA Gives Green Signal To Human Trial For Sorrento's STI-9167 Against Omicron

The FDA has cleared Sorrento Therapeutics Inc's (NASDAQ:SRNE) investigational new drug application (IND) for intravenous (IV) STI-9167 (COVISHIELD) to study the safety and pharmacokinetics in healthy volunteers. STI-9167 is the IV formulation of the intranasal STI-9199 neutralizing antibody. Also Read: Sorrento To Start Late-Stage Trial Of Abivertinib In Critically-Ill COVID-19 Patients. The Phase 1 study…

Benzinga

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The Independent UK

Shares plunge as fears grow over impact of China’s draconian Covid lockdown

In China, shares saw their biggest slump since the start of the Covid pandemic in 2020

Newsroom.co.nz

Omicron’s arrival in Beijing could lead to more supply chain disruption

Business & Investing: Fear returns to markets as investors turn bearish, and Kiwi dollar at three-month low against US dollar

Benzinga

What's Happening With BioNTech SE Shares?

Shares of vaccine companies, including BioNTech SE - ADR (NASDAQ: BNTX), are trading higher amid COVID-19 concerns due to rising cases in China.

Benzinga

Why This Starbucks Analyst Says Stock Valuation Is At 'Historical Low'

Starbucks Corporation (NASDAQ: SBUX) is off to a brutal start to 2022, but Bank of America analyst Sara Senatore said Monday that there's reason for optimism after taking a close look at Starbucks' quarterly demand trends.

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news in one place.

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Asharq Al-Awsat

Iran Urges New Nuclear Meet 'as Soon as Possible'

Iran called on Monday for a new meeting "as soon as possible" in the talks that have been held in Vienna aimed at restoring its frayed 2015 nuclear deal with major powers. Tehran has been engaged in negotiations with Britain, China, France, Germany and Russia directly and the United States…

Benzinga

Why Novavax Shares Are Rising

Shares of vaccine companies, including Novavax, Inc. (NASDAQ: NVAX), are trading higher amid COVID-19 concerns due to rising cases in China.

AAP

Labor pledges to restore Pacific relations

Labor has unveiled a plan to restore Australia's standing in the Pacific, but the prime minister claims it is a copy of what his government is already doing.

AAP

Economic outlook 'tricky' despite strength

Australia's economic recovery has been faster and better than expected, but war in Europe and China's COVID-19 outbreaks are wildcards for the nation's outlook.

The Guardian - AU

Labor pledges more foreign aid to Pacific with plan ‘to restore Australia’s place as first partner of choice’

Seven-point plan also includes funding boosts for regional broadcasting and fight against illegal fishing

The Guardian - AU

Richard Marles’ contentious China trip was praised by Coalition MP

Deputy Labor leader was joined in Beijing in 2019 by Ted O’Brien who wrote a positive testimonial of the study tour

Benzinga

What's Going On With Moderna Shares?

Shares of vaccine companies, including Moderna Inc (NASDAQ: MRNA), are trading higher amid COVID-19 concerns due to rising cases in China.

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