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The Latest Breaking News from China

EXPLAINER: Can war massacres sway China's support for Russia

China has called reports of civilian killings in Ukraine disturbing and urged further investigations, even while declining to blame Russia

The Independent UK

US warns Xi Jinping of ‘what might come his way’ if China supports Russia in Ukraine war effort

‘I hope there are some lessons learned that sanctions bite, that we will keep them coming’

The Independent UK

China warns U.S. against House Speaker Pelosi visiting Taiwan

China warned on Thursday it would take strong measures if U.S. House of Representatives Speaker Nancy Pelosi visited Taiwan and said such a visit would severely impact Chinese-U.S. relations, following media reports she would go next week.

Reuters

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Shanghai Composite Index Fell 1.42% on Thursday

Shenzhen Component Index closed down 1.65%

Caixin Global

China ship shadows research vessel, Filipino scientists wary

Philippine officials say a Chinese coast guard ship maneuvered for days near a research vessel deployed by Philippine and Taiwanese scientists to undertake a crucial survey of undersea fault lines west of the northern Philippines, causing concern among the scientists on board

The Independent UK

‘Total disaster’: Shanghai lockdown puts livelihoods under strain

Restauranteurs and other small business owners struggle as COVID lockdown brings China’s biggest city to a halt.

Al Jazeera

Shanghai calls on party members to 'draw swords' in Covid fight

SHANGHAI: China's ruling Communist Party issued a rare call imploring rank-and-file members to help contain the coronavirus in Shanghai, a sign of the strain the locked down financial hub of 25 million people is under as its worst outbreak to date spreads.

The Times of India

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Analysis-China's balancing act over Ukraine offers Washington a subtle 'win'

China's abstentions on U.N. votes to condemn Russia's invasion of Ukraine are a "win", said the U.S. envoy to the United Nations, underscoring how Beijing's balancing act between its partner Russia and the West may be the best outcome for Washington.

Reuters

Financial warfare: will there be a backlash against the dollar?

The sanctions freezing Russia’s foreign currency reserves have created an incentive for countries to bypass the US currency

Financial Times

Shanghai vows to improve food deliveries as discontent grows over COVID curbs

The Shanghai government said on Thursday it was trying its best to improve the distribution of food and essential goods to locked-in residents, responding to growing public discontent as COVID curbs stretched into an 11th day.

Reuters

Yellen says Russia should be expelled from G20, U.S. may boycott some meetings

U.S. Treasury Secretary Janet Yellen said on Wednesday that Russia should be expelled from the Group of 20 major economies forum, and the United States will boycott some G20 meetings if Russian officials show up.

Reuters

Shanghai calls on party members to ‘draw swords’ in COVID fight

China’s ruling Communist Party issued a rare call imploring rank-and-file members to help contain the coronavirus in Shanghai, a sign of the strain the locked-down financial hub of 25 million people is under as its worst outbreak to date spreads.

Tribune News Service

China's security deal with Solomons raises alarm in Pacific

A security alliance between China and the Solomon Islands has sent shudders throughout the South Pacific, with many worried it could set off a large-scale military buildup or that Western animosity to the deal could play into China’s hands

The Independent UK

Chinese medics killed death row inmates by taking hearts: Report

Academic study finds doctors might have removed vital organs before the executed had been officially confirmed dead.

Al Jazeera

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Tribune News Service

Yellen faces bipartisan pressure to toughen Russia sanctions

WASHINGTON — Treasury Secretary Janet Yellen was pushed by legislators from both sides of the aisle Wednesday to strengthen moves to cut off financial links with Russia, and was queried on the Biden administration’s readiness to impose sanctions on China in the event it moved aggressively toward Taiwan.

Bangkok Post

Yuan won't outrank dollar anytime soon

The issue of the Chinese yuan as a premier international currency has been around for quite some time. Right now, only 3% of international trade transaction is conducted in yuan and, correspondingly, central banks around the world keep only 3% of their international reserves in Yuan. To most, this is…

Bangkok Post

Taiwan needs to pick better allies

In the same week that Taiwanese took to the streets to repudiate Russia's invasion of Ukraine, Taiwan's leaders rolled out the red carpet for a visit by former US President Donald Trump's secretary of state, Mike Pompeo. This is the same man who, together with Mr Trump, withheld military aid…

ABC News

Why is Australia so concerned about China's planned security agreement with Solomon Islands?

Seen the headlines but haven't followed closely? This is why China's proposed new security pact with Solomon Islands is a big deal for Australia.

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Businessweek

China’s $2.3 Trillion Infrastructure Plan Puts America’s to Shame

More than half the projects will directly support the manufacturing and service industries.

The Hindu

Repairing the complex India-Nepal relationship

There needs to be quiet dialogue to resolve their many differences, with New Delhi needing to be sensitive and generous

Reuters

U.S. says China could face sanctions if it supports Russia's war in Ukraine

Sanctions imposed on Russia over its war in Ukraine should give China a "good understanding" of the consequences it could face if it provides material support to Moscow, U.S. Deputy Secretary of State Wendy Sherman said on Wednesday.

StockNews.com

2 Chinese Stocks to Consider as Delisting Worries Abate

Concerns over the delisting of a few Chinese companies by U.S. regulators sparked panic among investors last month, resulting in significant price dips in Chinese stocks. However, since China has agreed to fulfill the audit requirements imposed by U.S. authorities, easing delisting concerns, we think it could be fruitful to…

Newsroom.co.nz

Infrastructure firm China Railway goes off tracks in NZ, owing money

A multibillion-dollar Chinese company quietly folded its NZ operations with nearly $800,000 in unpaid debts.

ABC News

China accuses US, UK and Australia of trying to build Asia-Pacific NATO

China says the recently created AUKUS security alliance and its pursuit of hypersonic weapons risks undermining peace and stability in the Asia-Pacific.

Benzinga

Tesla's Shanghai Factory Remains Closed Amid Covid-19 Surge

Tesla Inc (NASDAQ:TSLA) factory shutdown has stretched out to at least 12 days as Shanghai's Covid-19 lockdown disrupts businesses in China's financial hub, Bloomberg reports. The factory lockdown, which began on March 28, will remain closed through Thursday, making Tesla lose 12 days of production in recent weeks. The most sought-after semiconductors are…

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