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The Latest Breaking News from China

Xi moves to stop Shanghai COVID rage from sweeping across China

BEIJING — President Xi Jinping now has a bigger problem than stopping COVID-19 infections: quelling escalating anger in Shanghai before it spreads across China, creating a wider crisis of confidence in the Communist Party.

Tribune News Service

Discovery of contaminated fruit export prompts order for tests

CHANTHABURI: Operators of the fruit export sector are being told to implement strict Covid-19 protocols after a shipment to China was banned from entering the country for three days due to the discovery of traces of the coronavirus on the surface of durian packages.

Bangkok Post

China Puts New Financial Holding Companies in Systemic Risk Management

After clearing the first two FHCs, central bank is reviewing three other applicants, head of Macroprudential Policy Bureau says

Caixin Global

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Can Apple Overcome Weak Demand For iPhone SE And Supply Disruptions For Its Other Products?

As some parts of China went into lockdowns, Apple Inc.'s (NASDAQ: AAPL) supply chain partners had to shutter operations. This has engendered fears regarding whether the tech giant can produce enough to meet surging demand for its hardware products.

Benzinga

Raymond James Thinks Med Tech Investors are Somewhat 'Paralyzed' Ahead Of Q1 Earnings

Raymond James has outlined its expectations for next week when Johnson & Johnson (NYSE:JNJ), Abbott Laboratories (NYSE:ABT), and Intuitive Surgical Inc (NASDAQ:ISRG) will report Q1 FY22 earnings. Analysts believe that the Med Tech investors have become somewhat 'paralyzed' given the macro/factor-driven concerns. On the macro, investor attention seems to be focused less on revenue growth and more…

Benzinga

Is Yatsen Holding a Buy Under $1?

The shares of leading Chinese cosmetics company Yatsen Holding (YSG) have been losing momentum over the past year due to increased delisting concerns amid strained Sino-U.S. diplomatic relations. So, as regulators from both countries increase cooperation regarding U.S.-listed Chinese stocks, the question is will YSG stock regain momentum soon? Read…

StockNews.com

Commentary: The border the US shares with Mexico? We really share it with the world

About 15 years ago I was shadowing a local journalist on Peru’s northern coast who was reporting on a group of 20 Chinese nationals local police found lost in the nearby desert. They’d arrived on a container ship that sailed from China to Lima and had paid traffickers to get…

Los Angeles Times

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Zhihu in Quest to Be First Internet Firm with U.S., Hong Kong Primary Listings

Key takeaways: Zhihu will make a second primary listing in Hong Kong alongside its current U.S. listing, aiming to ease U.S. regulatory pressure and reach more Chinese investors Lukewarm interest in the new Hong Kong offering suggests investors are concerned about the company’s growing losses By Jony Ho

Benzinga

Goldwind Diversifies with $3 Billion Deep-Sea Wind Power Investment

Key Takeaways: Xinjiang Goldwind has announced a new tie-up worth nearly $3 billion with the city of Wenzhou involving deep-sea wind power Move will allow the company to develop technology in a major new emerging area, and also help it diversify geographically beyond its controversial home base By Doug Young

Benzinga

Why JD.Com Shares Are Falling

Shares of Chinese companies, including JD.Com Inc (NASDAQ: JD), are trading lower as investors assess the economic impact of a surge in COVID cases in China.

Benzinga

Why Pinduoduo Shares Are Falling

Shares of Chinese companies, including Pinduoduo Inc - ADR (NASDAQ: PDD), are trading lower as investors assess the economic impact of a surge in COVID cases in China.

Benzinga

Why Nio Shares Are Falling

Shares of Chinese companies, including Nio Inc - ADR (NYSE: NIO), are trading lower as investors assess the economic impact of a surge in COVID cases in China.

Benzinga

Why Alibaba Shares Are Falling

Shares of Chinese companies, including Alibaba Group Holding Ltd - ADR (NYSE: BABA), are trading lower as investors assess the economic impact of a surge in COVID cases in China.

Benzinga

Senior US lawmakers arrive in Taiwan for visit

A delegation of six U.S. lawmakers has arrived in Taiwan on a visit that has already been denounced by China

The Independent UK

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Asharq Al-Awsat

Riyadh Chamber Signs Cooperation Agreement with China Foreign Trade Center

The Riyadh Chamber signed on Thursday an agreement with the China Foreign Trade Center (Canton Fair) to enhance and expand commercial, industrial and investment relations by encouraging cooperation among businesspeople. Vice Chairman of Riyadh Chamber Naif bin Abdullah Al-Rajhi and Deputy Director General of China Foreign Trade Center and Spokesperson…

Chicago Sun-Times

Family’s frantic search ends at hospital where they find father in a coma after a carjacking: ‘Robbed, brutally beaten and left for dead’

Jin Yut Lew raised his family near 24th and Canal streets in Chinatown and became a well-known and respected chef. His son said he worries his dad won’t be able to cook again.

Zenger

Solar So Good: New Tech Means Solar Power Could Be Stored For 18 Years

To produce electricity with the new technology, the authors essentially sent Swedish sunshine around the globe to China for conversion.

Reason

The CDC Extends Its Mask Mandate on Planes, Trains, and Buses…Again

Plus: Elon Musk offers to buy all of Twitter, China's "zero COVID" policy is reaching its limits, and more...

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The Conversation

The information age is starting to transform fishing worldwide

People in the world’s developed nations live in a post-industrial era, working mainly in service or knowledge industries. Manufacturers increasingly rely on sensors, robots, artificial intelligence and machine learning to replace human labor or make it more efficient. Farmers can monitor crop health via satellite and apply pesticides and fertilizers…

Benzinga

Morning Brief: Top Stories Dominating Financial Media on Thursday, April 14

CNBC

Benzinga

Tencent To Block Chinese Gamers' Access To Foreign, Unapproved Games: Reuters

Tencent Holdings Ltd (OTC:TCEHY) looks to shut down a service that allowed Chinese gamers to access overseas platforms to play unapproved foreign games reflecting the growing regulatory crackdown, Reuters reports. The report noted Tencent aims to update its games speed booster mobile and desktop apps to new versions on May 31 to…

The Independent UK

Anti-virus shutdowns in China spread as infections rise

Anti-virus controls are shutting down some of China’s biggest cities and fueling public irritation as infections rise

Benzinga

Toyota To Launch SUV Of Revamped Crown Sedan: Reuters

Toyota Motor Corp (NYSE:TM) looks to launch a sport utility vehicle version of its Crown sedan for Japan, China, and North America, Reuters reports. The SUV, likely to come in a hybrid, plug-in hybrid, and full-electric models, looks to bring the 67-year-old Crown more with market trends. The hybrid will likely be…

The Independent UK

China rejects 'pressure or coercion' over Russia relations

China says it will reject “any pressure or coercion" over its relationship with Russia

Benzinga

JPMorgan Reshuffles China Leadership To Tackle Slowing Growth: Bloomberg

JPMorgan Chase & Co's (NYSE: JPM) top executive at its securities business in China is stepping aside and is being replaced by his deputy.

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