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The Latest Breaking News from China

Exclusive-U.S. NTSB assisting in download of cockpit voice recorder in China March 21 crash

The National Transportation Safety Board (NTSB) confirmed late on Friday the cockpit voice recorder from a China Eastern Airlines Boeing 737-800 that crashed March 21 is at the U.S. agency's lab in Washington.

Reuters

The U.S. Vs China: The Rare Earths Cold War

Rare earths have become the subject of a gripping trade cold war involving the world’s two biggest economies. China —the world’s largest producer and with the biggest reserves— is seeing its position in the market threatened, while the U.S.

Benzinga

China accused of cyber-attacks on Ukraine before Russian invasion

UK investigating claims, but Ukrainian security service says it has ‘nothing to do with’ memos obtained by Times

The Guardian - UK

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Inside the lives of frontline workers making China's COVID-zero strategy possible

Millions of community workers across China are on the job for up to 15 hours a day making phone calls, setting up testing sites and monitoring residents to ensure the country can keep coronavirus at bay.

ABC News

HSBC Compares This EV Maker To Tesla - Read Why

HSBC analyst Yuqian Ding initiated coverage of XPeng Inc (NYSE:XPEV) with a Buy rating and a $37 price target (30% upside). Ding specifies that the Chinese company built all its autonomous driving software in-house from the ground up, like Tesla Inc (NASDAQ:TSLA), which no other domestic manufacturer has achieved. The analyst calls XPeng's latest autonomous driving…

Benzinga

Butterfly Effect: Spooky Moment Reincarnated Black Butterfly Lands At Air Crash Site

The butterfly seen in the video is believed to be a papilio memnon, which is also known as a great Mormon and is common to Asia.

Zenger

Most Chinese Biotech Stocks Can Continue US Listing After New Audit Framework

According to a Bloomberg report, U.S. regulators could reportedly have full access to auditing reports from most of the 200-plus China-based companies listed in New York in mid-2022. In the drafting stage, the framework from the China Securities Regulatory Commission and other national agencies would let most Chinese firms keep their U.S.…

Benzinga

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Xi Jinping once called Vladimir Putin his ‘bosom buddy’, but Russia's failing gambit in Ukraine hands China an opportunity

China wants to strengthen ties with Russia, but given the complex love-hate relationship between the two powers, it's not clear how that will play out in Ukraine.

ABC News

Tesla Opens A New Supercharger Station With A Unique New Record

Tesla Inc.'s (NASDAQ: TSLA) largest Supercharger station in the world is located in Shanghai, China, and has 72 stalls.

Benzinga

EU tells China it expects help to persuade Russia to end war

ROME — European Union leaders said they told China in a virtual summit Friday that they expect Beijing to help end Russia’s war in Ukraine and at the very least not to interfere with international sanctions imposed on Moscow.

Tribune News Service

Why Alibaba, Nio Could See Relief From Regulatory Overhang On Chinese Stocks

After the steep drop seen in U.S.-listed Chinese stocks amid delisting fears, China has shown willingness to arrive at a resolution.

Benzinga

Russia and India will find ways to trade despite sanctions, says Lavrov

Russian foreign minister meets Narendra Modi and praises India’s refusal to condemn Ukraine invasion

The Guardian - UK

EU, China agree on Ukraine war threat, EU's Michel

The European Union and China agreed that the war in Ukraine was threatening global security, the head of the European Council said on Friday, while warning China against helping Russia's war.

Reuters

'Historic' trade agreement with India will allow Australia to reduce economic dependence on China, says government

The Coalition hails the agreement as a significant step in its efforts to diversify export markets and reduce Australia's economic dependence on China by opening up new opportunities in a large and expanding economy.

ABC News

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Benzinga

SELLAS Life Sciences Stock Plunges After $25M Capital Raise Via Equity, In-Licenses Cancer-Focused CDK9 Inhibitor

GenFleet Therapeutics

Benzinga

Why Alibaba, Nio And Pinduoduo Shares Are Rising Today

Shares of several Chinese stocks, including Alibaba Group Holding Ltd (NYSE: BABA), Nio Inc (NYSE: NIO) and Pinduoduo Inc (NASDAQ:

Reuters

China's Xi calls on EU to view China 'independently' -state media

China's President Xi Jinping said on Friday he hopes the European Union can form its view of China "independently", state broadcaster CCTV reported.

Reuters

Chinese Premier says China pushes for peace talks on Ukraine 'in its own way' – state media

Chinese Premier Li Keqiang told EU leaders on Friday that China pushes for peace talks on Ukraine in "its own way", state broadcaster CCTV reported.

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The Guardian - AU

Australia to sign trade deal with India as Coalition clears decks for election

Morrison government to sign interim agreement which has taken on extra urgency given Australia’s rocky relationship with China

Benzinga

Most US Firms In China To Cut Annual Forecast as Business Hit By COVID-19 Curbs: Reuters

According to a joint survey by the American Chambers of Commerce in Shanghai, 54% of U.S.

The Independent UK

Security review finds no grounds to block Chinese takeover of UK’s biggest microchip firm

Senior Conservatives calling on Kwasi Kwarteng to block sale of Newport Wafer Fab to subsidiary of Chinese company

The New Daily

Why China’s play in the Solomon Islands is sending shockwaves around the region

A security deal between the Solomon Islands and China has critics nervous the world's largest economy could establish a military base in the region.

Al Jazeera

Analysis: Russia sanctions could spur Chinese arms sales to Nigeria

Western sanctions on Russia and Belarus could push Nigeria to import more accessible and affordable Chinese armaments.

Caixin Global

Opinion: On Abortion Policy, Heed Women’s Voices

While abortion rights tend to be viewed from a utilitarian perspective in China, we should consider people’s rights as well because there are social costs that everyone in society will have to bear

Reuters

'From our heart': Taiwan rejects China's criticism over Ukraine aid

Taiwan's foreign minister on Friday strongly rejected criticism of its relief efforts for Ukraine from China, saying the aid came "from our heart" and was not an exercise in political manipulation.

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