The Latest Breaking News from China

Morning Brief: Top Financial Stories Dominating on Wednesday, April 27

Reuters Kellogg Sues British Government Over New Sugar Rules

Benzinga · Apr 27, 2022

Trade deals not affected by India and China’s stance on Ukraine, says minister

UK negotiators are in India this week to continue trade talks and are looking to resume discussions with Beijing, Anne-Marie Trevelyan said.

The Independent UK · Apr 27, 2022

The stock market is a mess

With inflation already an uncomfortable fact, a rout will add to the cranky mood of voters and consumers.

Axios · Apr 27, 2022

Opinion: How to Fine Tune China’s Version of the Individual Retirement Account

The proposed private pension system should encourage more people to participate and be connected with employer-sponsored plans

Caixin Global · Apr 27, 2022

The World Is Back on a War Footing and We'll All Pay the Price

Mourn the end of a too-brief interlude of relative peace and prosperity.

Reason · Apr 27, 2022

China's Hainan free-trade port tipped to deepen Asean ties

HONG KONG: Hainan's transformation into a free-trade port will open new doors for trade between China and the Association of Southeast Asian Nations (Asean), but its success will require a leap of faith and pioneering spirit, experts said.

Bangkok Post · Apr 27, 2022

STMicroelectronics Clocks 18% Revenue Growth In Q1 Backed By Robust Demand For Microcontrollers

STMicroelectronics N.V. (NYSE:STM) reported first-quarter FY22 revenue growth of 17.6% year-on-year to $3.55 billion, beating the consensus of $3.49 billion.  This revenue performance, driven by solid demand for microcontrollers, was partially offset by temporarily reduced operations at its Shenzhen, China, manufacturing facility due to the pandemic.  Sales to OEMs increased by 14.4% Y/Y,…

Benzinga · Apr 27, 2022

Shehbaz Sharif says will devise plan for security of Chinese and other foreigners working in Pakistan

ISLAMABAD: In the wake of the suicide attack on Chinese nationals in Karachi, prime minister Shehbaz Sharif has said that he will hold a meeting to devise plan for security of people from China and other foreigners working in Pakistan.

The Times of India · Apr 27, 2022

China's Beijing finds positive samples in COVID testing this week

China's capital of Beijing has detected some positive COVID-19 cases in the first round of mass testing conducted in a dozen districts this week, a municipal official said on Wednesday.

Reuters · Apr 27, 2022

China’s Capital in Race to Detect COVID Cases, Avoid Shanghai’s Distress

Millions of people in Beijing took their second COVID-19 tests of the week on Wednesday as the Chinese capital tried to keep an outbreak numbering in the dozens from spiraling into a crisis like the one the locked-down city of Shanghai is enduring. Evidence that Shanghai's month-long isolation has become…

Asharq Al-Awsat · Apr 27, 2022