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The Latest Breaking News from China

China's Shenzhen city says will allow firms to resume work in an orderly manner

Shenzhen city in China, a key technology and manufacturing hub that had halted operations of companies to tackle rising COVID-19 cases, will allow them to resume work and production in an orderly manner, a local government official said on Thursday.

Reuters

Sanctions on Russia are also about protecting Japan says former minister Kono

Japan's sanctions on Russia over its invasion of Ukraine are necessary, even if they squeeze energy supplies, because Tokyo one day could need allies to counter China in East Asia, said Taro Kono a former defence chief and ex-foreign minister.

Reuters

Calls for clarity over China's shipment of 'replica guns' to Solomon Islands after Honiara riots

Solomon Islands' opposition calls for explanation about exactly what was inside a crate that China shipped to Honiara last month, after reports emerged it contained weapons secretly brought into the capital just months after it was shaken by violent riots.

ABC News

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China: BYD Follows In Tesla Footsteps By Raising Car Prices

China's largest electric vehicle manufacturer, BYD, announced a price increase due to rising raw materials costs.

InsideEVs

Why Did The KraneShares CSI China Internet ETF Rocket Nearly 40% Today?

KraneShares CSI China Internet ETF (ARCA:KWEB) traded significantly higher Wednesday alongside several Chinese stocks following Chinese state media reports indicating China's financial stability and development committee urged market stability measures and mentioned cooperation with U.S. regulators.

Benzinga

Chinese operative accused in plot to undermine US candidate

Five people accused of acting on behalf of the Chinese government have been charged with plotting to stalk and harass Chinese dissidents living in the United States

The Independent UK

China Fights Back Against Plunging Stock Markets

Top securities regulator joins government response by vowing stability and urging traded companies to buy back shares to help prop up prices

Caixin Global

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United Nations votes are not black and white

Delegations do not vote for or against other countries; they vote for themselves

The Hindu

Human costs mount in the third week of war in Ukraine

Refugees, displaced Ukrainians pass the five million mark, as Russia encircles cities and pounds them with missiles.

Al Jazeera

WHO Says Global Rise in COVID Cases Is 'Tip of the Iceberg'

Figures showing a global rise in COVID-19 cases could herald a much bigger problem as some countries also report a drop in testing rates, the WHO said on Tuesday, warning nations to remain vigilant against the virus. After more than a month of decline, COVID cases started to increase around…

Asharq Al-Awsat

Tesla Increased Prices For Almost All Model 3/Model Y In China Too

Tesla has just applied a noticeable price increase to almost all Made-in-China (MIC) Model 3 and Model Y in China, basically mirroring the move in the U.S.

InsideEVs

US Tiger Securities Analyst Upgraded Chinese Tech Sector - Read Why

U.S. Tiger Securities analyst Bo Pei upgraded the China Internet Sector to Outperform from Neutral.

Benzinga

India, China in talks over Foreign Minister Wang Yi’s visit

Month-end visit could mark turnaround in relations between the neighbours

The Hindu

Saudi prince, rebuked by West, faces dilemma over Russia and China

The United States and Britain are ramping up pressure on Saudi Arabia to pump more oil and join efforts to isolate Russia, while Riyadh has shown little readiness to respond and has revived a threat to ditch dollars in its oil sales to China.

Reuters

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Benzinga

61 Stocks Moving In Wednesday's Mid-Day Session

Gainers

Newsroom.co.nz

Possible Chinese intervention in the war on Ukraine should ring alarm bells for NZ

Geoffrey Miller puts NZ’s new humanitarian visa policy for Ukrainians under the microscope and considers the implications of claims of a potential role for China in Ukraine

Reuters

Lithuania says EU should scrap summit with China

A planned summit between China and the European Union should be canceled until Beijing shows whether it stands with Russia or the West over the conflict in Ukraine, a senior Lithuanian official said on Wednesday.

Benzinga

TuSimple Shares Soar As It Looks To Divest China Operations

Autonomous trucking startup TuSimple Holdings Inc (NASDAQ:TSP) looked to divest its China business for up to $1 billion, Reuters reports. TuSimple approached several Chinese investors, including private equity firm Boyu Capital, searching for potential buyers. TuSimple aimed to focus on the U.S. market. Also Read: TuSimple Paves The Way For Its Truck Technology Commercialization…

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Benzinga

Alibaba Hunts For New SCMP Chief As It Devotes Former Chief To NFT Spinoff

Alibaba Group Holding Ltd (NYSE:BABA) owned South China Morning Post is on a CEO hunt, Bloomberg reports. The move coincided with Alibaba weighing options for media assets, including SCMP. Alibaba dedicated SCMP chief Gary Liu to running a spinoff to turn artwork into non-fungible tokens. Also Read: Alibaba Launches New NFT Marketplace: What…

Benzinga

Why KE Holdings Shares Are Soaring Today

KE Holdings Inc (NYSE: BEKE) shares are trading significantly higher Wednesday alongside several other Chinese stocks following a Chinese state media report indicating China's financial stability and development committee urged market stability measures and mentioned cooperation with U.S.

The Guardian - UK

How close are China and Russia and where does Beijing stand on Ukraine?

Putin and Xi have said the bonds between their two countries have ‘no limits’ but what does this mean in practice?

Benzinga

Why Kingsoft Cloud Holdings Shares Are Soaring

Kingsoft Cloud Holdings Ltd (NASDAQ: KC) shares are trading significantly higher Wednesday alongside several other Chinese stocks following a Chinese state media report indicating China's financial stability and development committee urged market stability measures and mentioned cooperation with

Reuters

Justice Department accuses China of spying on, intimidating dissidents living in U.S

U.S. federal prosecutors on Wednesday accused Chinese government agents of trying to spy on and intimidate dissidents living in the United States including a congressional candidate.

Benzinga

Spurned by New York, Kingsoft Cloud Looks for Love in Hong Kong

Key Takeaways: Kingsoft Cloud is studying a possible dual listing in Hong Kong to complement its current listing on the Nasdaq Company made the announcement after the U.S. securities regulator reminded U.S.-listed Chinese firms they could face forcible delistings under a law passed in December 2020 By Doug Young

InsideEVs

Report: Tesla Giga Shanghai Pauses Production

According to Reuters's unofficial sources, the company is suspending production for two days. Reuters notes that a single day of production is worth 2,000 cars.

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