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The Latest Breaking News from China

Oil price falls below $100 amid Russia-Ukraine ceasefire talks

Drop in price comes as Covid-19 infections rise in China, which could hit demand for energy supplies

The Guardian - UK

Alibaba Marks Cloud Computer Debut Outside China In Singapore; Claims It Will Cut IT Spend By ~50%

Alibaba Group Holding Ltd's (NYSE:BABA) Alibaba Cloud launched its cloud computer in Singapore, eliminating the need for powerful desktop hardware to perform compute-intensive tasks, ComputerWeekly.com reports. Dubbed Wuying, the palm-sized machine weighed only 60g and depended on Alibaba's Elastic Desktop Service (EDS) to do the heavy lifting. The launch marked the debut…

Benzinga

‘We’ll kill you’: Uyghur exile who fled to Arctic Circle still fears reach of Chinese state

For asylum seekers, Norway is a sanctuary but even in remote towns, Muslim refugees say they face surveillance and threats

The Guardian - UK

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Toyota Motor Sees Additional Production Cuts As Semiconductor Crisis Continues To Bite

Toyota Motor Corp (NYSE:TM) looked at additional production cuts in March as the semiconductor chip crisis continues to pinch, Reuters reports. The production suspension will affect the production of ~14,000 Noah and Voxy minivans. Recently, the Japanese automaker reduced its domestic production target by up to 20% for the April-June quarter. Toyota looked to…

Benzinga

How Plausible Is Chinese Military Aid for Russia?

The US says Russia has asked China to provide military assistance for its war in Ukraine, and that China has responded affirmatively.

Asharq Al-Awsat

Chinese military releases video it says shows Australian Defence Force plane flying in a 'nuisance' manner during laser encounter

A month after Australia accused Chinese warships of pointing a laser towards a RAAF surveillance plane in the Arafura Sea, China releases a 12-second clip it says shows the Australian plane flying in a "nuisance", "malicious" and "unprofessional" manner.

ABC News

Voles Cut Grass To Shape Their Environment And Fend Off Their Foes

Rodents engage in environmental engineering on the steppes of Russia and China.

Zenger

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Morning Brief: Top Stories Dominating Financial Media on Tuesday, March 15

CNBC China's Fintech Specialist Sees Digital Yuan Challenging US Dollar

Benzinga

Alibaba Affiliate Ant Financial Divests Entire Stake In 36KR Holdings

Jack Ma's Ant Group Co divested its entire stake in the tech news firm 36KR Holdings Inc (NASDAQ:KRKR), Bloomberg reports. The Alibaba Group Holding Ltd (NYSE:BABA) affiliate looked to comply with Chinese regulators by the move. Ant held an 18% stake in 36KR as of early 2021. Also Read: DiDi Had To Postpone Its IPO After Jack…

Benzinga

Japan-US marine combat drills held amid China, Russia worry

Japanese and U.S. Marines had their first airborne landing and combat training together Tuesday near Mt

The Independent UK

Analysis: China’s Fiscal Spending Will Reach a Record High in 2022

Three main tools to be used are infrastructure investment, transfer payments, and tax cuts and refunds

Caixin Global

Russia Ukraine War Advisory

Russian bombs struck residential areas in Ukraine's capital where leaders of three EU nations planned to meet with top leaders in a symbolic show of support for the embattled nation.

The Independent UK

China's Fintech Specialist Sees Digital Yuan Challenging US Dollar

Richard Turrin sees China's nascent digital yuan challenging the U.S. dollar's dominance of international trade settlements in the next decade, CNBC reports. Turin admitted that the world's second-largest economy was currently ahead in all financial technology by a decade while the U.S. would take "easily another five years" to get out…

Benzinga

US warn China over its alleged backing of Russia's invasion of Ukraine

The Kremlin has repeatedly denied any Chinese involvement in its invasion and denied reports it requested Chinese military equipment

Irish Mirror

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Roll Call

China-UAE ties raise US technology safety questions for lawmakers - Roll Call

U.S. lawmakers want more information from the intelligence community about deepening ties between China and the UAE, an American ally.

Benzinga

China's Lockdown Of Tech Hubs To Hamper Amazon, Walmart's Online Delivery: Report

China's recent lockdown looks to hamper the online order delivery of global e-commerce firms like Amazon.com Inc (NASDAQ:AMZN) and Walmart Inc (NYSE:WMT), Bloomberg reports. China had to initiate lockdowns and restrictions in its crucial manufacturing hubs like Shenzhen and Dongguan following a Covid-19 resurgence. Related Content: China Restricts Activities In Shenzhen, Shanghai Following Covid-19 Resurgence The…

The Independent UK

Boris Johnson will push Saudi regime to denounce Ukraine invasion

The Prime Minister is set to meet Crown Prince Mohammed bin Salman to discuss oil and gas production.

The Independent UK

China says it's 'impartial' on Ukraine, denies aiding Russia

China says its stance on the conflict in Ukraine is “completely objective" and “impartial” and is repeating its accusations that the U.S. is spreading misinformation with reports that Beijing has responded positively to a Russian request for military supplies

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Axios

The tech industry's dream of one global market is dying

Tensions with China, a global pandemic, and now war in Ukraine are making it harder than ever to "scale."

Reuters

Russia fires official who said China refused to supply aircraft parts

Russian aviation authorities have fired an official who said last week that China had refused to supply Russian airlines with aircraft parts in the wake of Western sanctions, the Kommersant newspaper reported on Tuesday, citing sources and the official.

The Independent UK

EXPLAINER: How plausible is Chinese military aid for Russia?

The U.S. says Russia has asked China to provide military equipment to assist with its war in Ukraine and that China has responded affirmatively

France 24

Chinese markets slump over fears of how Covid-19 lockdowns will hurt economy

Stock markets in Shanghai and Hong Kong slumped on Tuesday, as investors fear the impact of the latest Covid-19 lockdowns on China's economy. Nearly 30 million people are now living under restrictions in the country, including in the technology manufacturing hub of Shenzen. Also today, Volkswagen has suspended production of…

Asharq Al-Awsat

Oil Tumbles to 2-Week Low on Ukraine Talks, Fears over China Demand

Oil prices extended losses on Tuesday, sliding to a two-week low as ceasefire talks between Russia and Ukraine eased fears of further supply disruptions and surging COVID-19 cases in China fueled concerns about slower demand. Brent futures dropped $5.95 or 5.6% to $100.95 a barrel by 0747 GMT after tumbling…

Axios

The global economic outlook depends on geopolitics

Events in Russia and China make for an unsettled economic moment

Al Jazeera

China says it does not want to be impacted by Russia sanctions

Foreign minister says Beijing is ‘not party’ to Russia-Ukraine war as pressure grows on it to withdraw Moscow support.

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