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The Latest Breaking News from China

Here's Why Jack Ma Led Alibaba Affiliate's IPO Got Postponed Indefinitely

Jack Ma's Alibaba Group Holding Ltd (NYSE:BABA) affiliated fintech Ant Group's Hong Kong listing got postponed indefinitely as the bankers remained concerned over China's continued crackdown on the domestic tech sector, the Infomation reports. The weakness of publicly traded Chinese tech stocks, including Alibaba, has made it difficult for Ant and its stakeholders.…

Benzinga

South Korea presidential race too close to call

South Korea’s presidential race was too close to call as votes were being counted, with an exit poll released minutes after polls closed Wednesday showing conservative candidate Yoon Suk-yeol with a lead of less than one percentage point.

Tribune News Service

What Ukraine Means for Taiwan’s Security

Although authoritarian states implement similar strategies against their military targets, there’s important distinctions worth keeping in mind when comparing the war in Ukraine to a potential cross-strait conflict.

The News Lens

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Labor to spend more on defence if it wins power, says Opposition Leader Anthony Albanese

Federal Opposition Leader Anthony Albanese will use a major foreign policy speech to try and burnish his national security credentials, pledging to spend substantially more on defence than previous Labor governments.

ABC News

The US is banning Russian oil imports, but an embargo that includes European allies would have more impact

President Joe Biden announced on March 8, 2022, that the U.S. will ban imports of oil from Russia, along with refined petroleum products, natural gas and coal. The ban is the latest U.S. action designed to punish Russia for its invasion of Ukraine. Global energy policy expert Amy Myers Jaffe…

The Conversation

Relationship with China has to be based on '3 mutuals': Foreign Secretary

i India has made it clear to China that peace and tranquillity in border areas is essential for the development of overall bilateral ties and the relationship has to be based on the “three mutuals” of respect, sensitivity and interest, Foreign Secretary Harsh Vardhan Shringla said on March 9.

The Hindu

U.S. Firms Less Optimistic About Doubling Down on New Investments in China, Survey Shows

Regulatory environment, talent recruitment and U.S.-China tensions are issues affecting businesses’ outlook for a market that remains a top priority for many, a new survey shows

Caixin Global

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Leaders from China, France and Germany Press for Settlement to Russia-Ukraine War

President Xi Jinping says that the task for now is to ‘prevent the tense situation from escalating or even running out of control’

Caixin Global

Xi Jinping gambled on a new era with Vladimir Putin. Is Beijing about to pay?

Vladimir Putin set out to restore a cross between the Soviet Union and the Russian Empire. In fact, his botched invasion of Ukraine has revived the West, sprung the EU and Britain into action and unsettled Xi Jinping in China. The only thing that now looks “brain dead”, which is…

Evening Standard

Union matchmakers a turn-off, say Chinese web users as birth rate debate heats up

Proposals for matchmaking committees within unions and a drive to encourage more graduate students to have babies triggered a frosty reception on social media, as officials brainstormed ways to raise China's plunging birth rate.

Reuters

China's state media buys Meta ads pushing Russia's line on war

State media outlets are finding ways around social media platforms' efforts to limit them.

Axios

Taiwan says China is too busy with party congress to raise tensions now

China is too busy with ensuring stability for a key Communist Party congress at the end of the year where President Xi Jinping will likely get a third term in office to suddenly escalate tensions with Taiwan, Taipei's government said on Wednesday.

Reuters

Winter Paralympics: golds for Canada but GB curlers suffer injury and defeats

Brian McKeever and Natalie Wilkie win cross-country sprints as Britain’s David Melrose injured in wheelchair curling fall

The Guardian - UK

Nickel Markets Hit Pause As China Also Suspends Trading After Manic Surge In Prices

Shanghai Futures Exchange, China’s top commodity bourse, has paused nickel trading after prices hit their upper limit, a day after a similar surge prompted the London Metal Exchange to take similar action, Bloomberg News

Benzinga

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Al Jazeera

China’s Xi: Beijing supports peace talks between Russia, Ukraine

Chinese leader says the situation in Ukraine is ‘worrying’ and calls for ‘maximum restraint’ as conflict escalates.

The Independent UK

‘It’s been crazy’: Brett Wild and Millie Knight frustrated by ParalympicsGB’s intense schedule

Knight and Wild, who won three medals at PyeongChang 2018, have had just one day off since arriving in China and took to the Yanqing snow just hours after hitting the runway

Reuters

Shanghai steps up defences against wave of asymptomatic COVID cases

The Chinese financial hub of Shanghai is moving quickly to halt the spread of COVID-19 amid a rising wave of local symptomless cases, testing tens of thousands of people, delaying dozens of concerts and exhibitions and shutting some public venues.

Caixin Global

China Intensifies Bribery Crackdown by Targeting the People Who Pay

In 2021, authorities accused 9,083 people of accepting illegal payoffs and 2,689 people of offering them, showing that authorities are now targeting more bribe payers

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Dynamite News

Peace in border areas vital to boost bilateral ties between India, China, says Shringla

Highlighting the engagements with the neighbouring countries in recent years, Foreign Secretary Harsh Shringla on Wednesday said that India has made it clear to China that peace and tranquillity in the border areas are essential elements to boost bilateral relationship between both the countries.

Reuters

China blames NATO for pushing Russia-Ukraine tension to 'breaking point'

Moves by U.S.-led NATO have pushed tension between Russia and Ukraine to a "breaking point", Chinese foreign ministry spokesman Zhao Lijian said on Wednesday.

Reuters

China to provide 5 million yuan worth of humanitarian assistance to Ukraine

Chinese Red Cross will provide a batch of humanitarian assistance worth 5 million yuan ($791,540) to Ukraine, consisting of daily necessities, Chinese foreign ministry spokesman Zhao Lijian said on Wednesday.

Bangkok Post

Nickel chaos goes silent as China also hits pause on trading

Nickel futures are not trading anywhere in the world on Wednesday, after prices in Shanghai hit their daily upward limit in the wake of unprecedented moves and a trading suspension on the London Metal Exchange.

The Guardian - UK

We Uyghurs Have No Say by Ilham Tohti review – a people ignored

‘China’s Mandela’ draws attention to the shamefully overlooked plight of an ethnic group facing genocide

Caixin Global

Shanghai Composite Index Fell 1.13% on Wednesday

Shenzhen Component Index closed down 1.12%

ABC News

Top intelligence chief warns China's 'troubling' strategic convergence with Russia poses threat to democracies

The Director-General of the Office of National Intelligence offers a grim assessment of Australia's strategic outlook after Russia and China struck a new pact shortly before the invasion of Ukraine.

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Harsh Vardhan Shringla

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