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The Latest Breaking News from China

Premier Li offers China's help for 'grave' Ukraine situation

China’s premier is calling the situation in Ukraine “grave” and offering Beijing's help in playing a “positive role” for peace while continuing to refuse to criticize Russia

The Independent UK

China Premier says Ukraine situation 'disconcerting', urges support for ceasefire talks

Chinese Premier Li Keqiang said on Friday the Ukraine situation was "disconcerting" and that it is important to support Russia and Ukraine in ceasefire talks.

Reuters

China's Xi says S.Korea important partner in letter to President-elect Yoon -Yonhap

Chinese President Xi Jinping said South Korea is a close neighbour and important partner in a congratulatory letter to South Korea's President-elect Yoon Suk-yeol, Yonhap news agency reported on Friday.

Reuters

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DeSantis attacks Disney over ties to China after CEO speaks out against ‘Don’t Say Gay’

Florida Republicans have accepted tens of thousands of dollars from Disney entities

The Independent UK

‘A necessary war’: reporting on the Ukraine ‘disagreement’ outside the west

Venezuela says Putin is a victim, China blames the US, and a South African pundit calls out western hypocrisy

The Guardian - UK

China closes legislative session amid Ukraine, virus worries

China is wrapping up the annual session of its rubber-stamp legislature against the backdrop of Beijing’s controversial position on the war in Ukraine and a COVID-19 surge

The Independent UK

Better Buy for 2022: Cleveland-Cliffs vs. United States Steel

In addition to the production cut from China, the ongoing war between major steel exporters Russia and Ukraine has been raising concerns over global supply, pushing steel prices to multi-year highs. Steel producers are likely to capitalize on the strong global demand and rising prices. Therefore, prominent stocks in this…

StockNews.com

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Soho China Offers Properties at 30% Discount to Cover Debts

Real estate developer jacks up agents’ commissions to 4% from 1% as it races struggling competitors to dump assets and raise cash

Caixin Global

Latest Ukraine updates: UN stresses ‘urgent’ need for talks

Ukraine-Russia news from March 11: UN says it is not aware of Ukraine biological weapons programme.

Al Jazeera

Ukraine is model for Taiwan defense should China violate its 'sovereignty' -U.S. official

Ukraine's stiff resistance against the invasion by Russian forces could be a model for Taiwan to defend itself should China choose to violate the island's "sovereignty" by attacking, a senior U.S. defense official told a Senate hearing on Thursday.

Reuters

Aramco JV to Develop Major Refinery, Petrochemical Complex in China

Saudi Aramco said on Thursday its joint venture in China will develop a major integrated refinery and petrochemical complex in the northeast of the country. The project, expected to be operational in 2024, combines a 300,000 barrel-per-day capacity refinery and ethylene-based steam cracker, with Aramco set to supply up to…

Asharq Al-Awsat

Michael Pascoe: RBA gently points out we don’t have an AUKUS economy

You know the old cliché “if America sneezes, Australia catches a cold”? It’s very last century and long overdue for retirement.

The New Daily

Penny Wong says diplomatic thaw with China possible if Coalition stops ‘playing politics’

However senator says whether the relationship ultimately becomes more productive is “a question for China”

The Guardian - AU

Daqo New Energy Suffering from Year-End Hiccups, or Longer-Term Solar Indigestion?

Key Takeaways:

Benzinga

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Benzinga

Ming Yuan Cloud Shadowed by Slumping Real Estate Market

Key Takeaways: Ming Yuan Cloud said its adjusted net profit last year dropped up to 27% from 2020 The company is actively transitioning its ERP business and rapidly growing its more profitable SaaS, but investors remain unimpressed By Ken Lo

Newsroom.co.nz

Rod Oram: Sanctions don't stop wars but these will change the world

The history of sanctions to date show target countries usually learn to live with or find ways around them, though they are far poorer for doing so, writes Rod Oram

The Conversation

Wins, missteps and lessons: African experts reflect on two years of COVID response

On 11 March 2020, just months after the SARS-CoV-2 coronavirus was first identified in China, the World Health Organization declared COVID-19 to be a public health emergency of international concern. Over the next two years COVID-19 would go on to infect nearly half a billion people, killing over 6 million…

Benzinga

Piper Sandler Remains Cautious On Tesla Despite Noting Its Strength

Piper Sandler analyst Alexander Potter admitted that the current weekly China Passenger Car Association February sales and production exhibited continued strength for Tesla Inc's (NASDAQ:TSLA) Shanghai factory. Tesla sold 56,515 China-made vehicles in February, including 33,315 for export. Potter also noticed a "general uptick in inbound calls" from investors regarding Tesla's exposure to geopolitical risks and commodity price…

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The Conversation

China's balancing act on Russian invasion of Ukraine explained

Russia has few friends in the international community following its invasion of Ukraine. But China, which shares a 2,672-mile (4,300-kilometer) border with Russia, is among the handful of nations that has refused to condemn Vladimir Putin’s actions, while criticizing the West’s response to the crisis and its role in pushing…

Tribune News Service

Biden gets a new friend in Asia to take on China, North Korea

Joe Biden may have a new friend in Asia, with South Korea’s presidential-elect preparing a foreign policy reboot that more closely aligns with the U.S. president’s views of China.

Al Jazeera

Infographic: How much of your country’s oil comes from Russia?

Russia is the world’s second highest exporter of crude oil, after Saudi Arabia. In 2019, 48 countries bought Russian oil

Caixin Global

Citigroup Appoints New China Chief Economist

Yu Xiangrong, who joined the U.S. financial giant in 2017, will head research on the Chinese economy and policy

Reuters

Chinese foreign minister says he hopes Ukraine war will stop as soon as possible

China hopes the war in Ukraine can stop as soon as possible, Foreign Minister Wang Yi said on Thursday, describing for the first time the situation in Ukraine as a "war".

The Independent UK

China eases control to let ruble fall faster against yuan

China is easing government exchange rate controls to let the Russian ruble fall faster in value against the Chinese yuan in a move that would help to insulate Beijing from economic sanctions on Moscow

Reuters

China censors online Ukraine debate, bars calls for peace

China's censors, who quietly determine what can be discussed on the country's buzzing social media platforms, are silencing views of citizens protesting against Russia's invasion of Ukraine.

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