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The Latest Breaking News from China

Tencent Caught In Regulatory Turmoil Like Jack Ma's Ant Group

China looks to require Tencent Holdings Ltd (OTC:TCEHY) to include WeChat Pay in a newly created financial holding company, Bloomberg reports. The overhaul may mandate a new license for the universal mobile payments service subjecting it to intense regulatory scrutiny jeopardizing the one-stop-shop appeal reviving investor angst. Tencent needs to fold its banking, securities, insurance,…

Benzinga

Star women's hockey striker Vandana eyeing gold in Asian Games

NEW DELHI: Star Indian women's hockey team striker Vandana Katariya has set her eyes on wining the gold medal in this year's Asian Games in Hangzhou, China to help them directly qualify for the 2024 Paris Olympics.

The Times of India

Russia Ukraine War Advisory

Russia struck buildings near western city of Lviv and capital Kyiv as world leaders push for an investigation of the Kremlin’s repeat attacks on civilian targets. President Joe Biden and Xi Jinping of China meet Friday for the first time since Russia's invasion of Ukraine.

The Independent UK

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Personal ties that bind: How Xi-Putin relationship has evolved

Close ties between two leaders unlikely to differ much in short term, even if China distances itself from Ukraine war.

Al Jazeera

Opinion: To Revive Rural China, Define Where Public Space Ends and Private Space Begins

To revitalize China’s villages, the first problem to solve is the lack of a clear line between public and private land

Caixin Global

Brickbat: Dog Gone

In China, the government of the city of Huizhou has apologized after public health workers beat a woman's dog to death and promised the workers will be counseled and suspended. The woman was forced to go to a quarantine center after her boyfriend tested positive for COVID-19, and she was…

Reason

‘It’s a nightmare’: Hong Kong runs low on coffins as omicron exacts deadly toll

SINGAPORE — The repurposed AsiaWorld Expo center in Hong Kong echoes with the moans of elderly COVID-19 patients. Kept in 8-square-foot cubicles, many go weeks without fresh air, sunlight or a bath. Some take their last breaths under the harsh glow of the convention hall lights. On a good day,…

Los Angeles Times

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Chinese carrier sails through Taiwan Strait hours before Biden-Xi call

A Chinese aircraft carrier sailed through the sensitive Taiwan Strait on Friday, Taiwan's Defence Ministry said, just hours before the Chinese and U.S. presidents were due to talk.

Reuters

Shanghai Composite Index Rose 1.12% on Friday

Shenzhen Component Index closed up 0.31%

Caixin Global

China to increase scrutiny of statistical data to curb fraud

China will step up scrutiny of the country's statistics agency and tackle the "outstanding problems" of data fraud and falsification, the Communist Party's anti-corruption inspection unit said on Friday.

Reuters

Can Seoul Court Beijing’s Perception Problem?

While it might be unrealistic for Seoul to completely sever itself from Washington’s global geostrategy, Beijing and Seoul could still reach a modus vivendi on South Korea’s contribution to the U.S.-led Indo-Pacific Strategy and its future relationship with the Quad.

The News Lens

China’s decisive turning point: will it side with Russia and divide the world?

Analysis: the world faces the possibility of a dramatic shift in the geopolitical balance of power as Beijing mulls support for Russia over the Ukraine war

The Guardian - US

Biden outlines ‘consequences’ if China aids Russia – as it happened

Ukraine president says time has come for ‘meaningful’ talks; Biden warns Xi Jinping of ‘implications’ if Beijing helps Russia during call to China president

The Guardian - AU

US, China discuss Russia as Biden and Xi hold call

US says Beijing has ‘responsibility to use influence with Putin’ as toll mounts from Russian invasion of Ukraine.

Al Jazeera

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The Independent UK

Biden looks to assess where China's Xi stands on Russia war

President Joe Biden and China's Xi Jinping are set to speak on Friday as the White House warns Beijing that providing military or economic assistance for Russia’s invasion of Ukraine will trigger severe consequences from Washington and beyond

The Guardian - AU

Ukraine war: Joe Biden to warn Xi Jinping China will face ‘costs’ if it helps Russia

Leaders will hold first phone call since the invasion of Ukraine on Friday, amid speculation that Beijing could provide financial or military support to Moscow

Reuters

After Biden-Xi call, U.S. warns China it could face sanctions if it backs Russia in Ukraine

U.S. President Joe Biden warned Chinese leader Xi Jinping on Friday of 'consequences' if Beijing gave material support to Russia's invasion of Ukraine, the White House said, while both sides stressed the need for a diplomatic solution to the crisis.

The Independent UK

China weighs exit from 'zero COVID' and the risks involved

Even as authorities lock down cities in China’s worst outbreak in two years, they are looking for an exit from what has been a successful but onerous COVID-19 prevention strategy

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The Guardian - AU

Hong Kong Covid crisis: why is the death rate so high?

Low vaccination rates among the elderly, low rates of prior infection and an overwhelmed healthcare system have contributed to create the perfect storm

Bangkok Post

More sanctions on Russia over Ukraine, Biden to talk to Xi

KYIV/LVIV, Ukraine: Japan and Australia on Friday slapped fresh sanctions on Russian entities as punishment for Moscow's invasion of Ukraine, which the West says has been stalled by staunch resistance but continues to take a devastating toll on civilians.

Reuters

Shanghai pushes ahead with mass COVID tests as new cases spike

The Chinese commercial hub of Shanghai is pushing ahead with a mass testing initiative as it tries to curb a new spike in COVID-19 infections, but some districts were easing lockdown rules in an effort to minimise disruptions.

Reuters

Russia 'tightening noose' on Mariupol; Biden tells China not to fuel assault

Russia said its forces were "tightening the noose" around the besieged Ukrainian port of Mariupol on Friday and concern grew over mass civilian casualties as the United States again warned China against aiding Moscow in its invasion.

Bangkok Post

Malaysia: RCEP regional trade pact comes into force

KUALA LUMPUR: The Regional Comprehensive Economic Partnership (RCEP) free trade agreement has entered into force in Malaysia from Friday, Malaysia's Ministry of International Trade and Industry said.

Reuters

Chinese foreign ministry official meets with Russia's ambassador to China

A Chinese foreign ministry official met with Russia's ambassador to China on March 17 to exchange views on bilateral relations, the Chinese foreign ministry said in a statement on Friday.

The Conversation

Battered but not broken: how global trade is responding to Russia’s invasion of Ukraine

Russia’s first McDonald’s store in opened in 1990, just months after the fall of the Berlin Wall. It was a potent symbol that the Cold War was ending and a great ideological wound healing.

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