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The Latest Breaking News from China

China calls reports on Chinese-Russian coordination on Ukraine 'fake news'

The Chinese foreign ministry said on Thursday that reports on Chinese and Russian coordination ahead of Russia's attack on Ukraine are "fake news."

Reuters

Shanghai Composite Index Fell 0.09% on Thursday

Shenzhen Component Index closed down 1.09%

Caixin Global

Taiwan honours former top U.S. diplomat Pompeo, China calls him 'despicable'

Taiwan President Tsai Ing-wen bestowed a presidential honour on former U.S. Secretary of State Mike Pompeo on Thursday for his contribution to boosting relations with the island, as China's government lambasted his record as "despicable".

Reuters

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China Positions Itself as Mediator Between Russia, Ukraine

A mediation attempt would divert international attention from China’s controversial goal of unifying with Taiwan, experts say.

The News Lens

Why Alibaba, Xpeng And Other Tech Stocks Are Muted In Hong Kong Today

Shares of U.S.-listed Chinese tech companies were mixed in Hong Kong on Thursday, even as the benchmark Hang Seng Index opened higher on news that China may soften its zero-tolerance approach to curbing COVID-19 outbreaks.

Benzinga

Too early for China to seek 'coexistence' with COVID - govt expert

It is still too early for China to consider easing its stringent coronavirus restrictions, with the highly infectious Omicron strain still capable of causing large numbers of deaths, said Liang Wannian, head of an expert group on COVID-19 prevention.

Reuters

China's slowing economy in spotlight as legislature meets

The annual meeting of China's mostly ceremonial legislature usually showcases grand, long-term plans

The Independent UK

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Mongolia's East-West balancing act buffeted by Russian invasion of Ukraine

Russia's invasion of Ukraine and the imposition of tough sanctions on Moscow has put landlocked Mongolia in a tight spot economically and diplomatically, and experts warn that its delicate balancing act between East and West could be upset.

Reuters

UN General Assembly demands Russia withdraw troops from Ukraine

In historic UN General Assembly vote, 141 nations demand Russia immediately withdraw troops from Ukraine.

Al Jazeera

Amid Ukraine fallout, crisis-hardened chipmakers move to adapt

Semiconductor manufacturers are stockpiling materials and seeking out new suppliers to minimise disruptions.

Al Jazeera

Invasions Are Not Contagious

Russia’s War in Ukraine Doesn’t Presage a Chinese Assault on Taiwan

Foreign Affairs

China asked Russia to delay Ukraine invasion until after Winter Olympics, say US officials

War began just four days after closing ceremony in Beijing

The Independent UK

Space junk on 5,800-mph collision course with moon

Cape Canaveral The moon is about to get walloped by 3 tons of space junk, a punch that will carve out a crater that could fit several semitractor-trailers.

The Hindu

Top Banking Regulator Warns Against a ‘Too Dramatic’ Real Estate Correction

CBIRC’s Guo Shuqing calls for a smooth transition to avoid hurting China’s economy after reversal of a bubble momentum in the property market

Caixin Global

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Bangkok Post

Free the money for a brighter future

The main factor limiting the global recovery is not the much-discussed increase in inflation in advanced economies, which is likely to be transient, but rather the massive inequalities between most rich countries and the rest of the world, with the exception of China. These disparities, by constraining the expansion of…

Benzinga

Jinmao Services Becomes Latest Property Manager to Split From Parent

Key takeaways: Jinmao Services has launched a Hong Kong IPO to raise $106 million, with plans to use the funds for acquisitions The company is the latest property manager to split off from its development-oriented parent, capitalizing on China’s housing boom of the last two decades By Ken Lo

Benzinga

Finding Middle Ground: Chinese Companies Need to Recalibrate Their Global Strategies

By Lub Bun Chong The U.S.-China decoupling shows no signs of abating anytime soon. That means that, like it or not, Chinese companies need to go back to the drawing board and recalibrate their international fundraising and growth strategies.

Benzinga

JD.com Pays Big Premium For Majority Control of Dada Nexus

Key Takeaways: JD.com will take majority control of Dada Nexus for a big premium, completing a deal the two first announced a year ago Deal may have been delayed by Beijing regulators, who are wary of the growing influence of China’s biggest technology companies By Doug Young

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Reuters

China asked Russia to delay Ukraine invasion until after Olympics -NYT

Senior Chinese officials told senior Russian officials in early February not to invade Ukraine before the end of the Winter Olympics in Beijing, the New York Times reported, quoting Biden administration officials and a European official who cited a Western intelligence report.

The Guardian - AU

‘A new culture’: discovery in China reveals ochre processing in east Asia up to 41,000 years ago

Site in Nihewan Basin shows, ‘a potential signpost of a migration event of our species’, says Australian researcher

Roll Call

Major corporations make last-ditch push for R&D tax break - Roll Call

Some of the largest U.S. companies are pressing Congress to restore a more generous tax break for research and development in spending bills.

The Conversation

We're recycling potato skins to make prebiotics: here's why that's good for your gut – and the planet

It’s an unbelievable tragedy that a third of the world’s food is wasted. To put that in perspective, it would take an area the size of China to grow that much food – and if food waste were a country it would be the world’s third-largest greenhouse gas emitter.

The Japan News/Yomiuri

Meaning of U.N. called into question amid Security Council's failures

The U.N. Security Council failed to adopt a resolution condemning Russia's invasion of Ukraine and calling for the immediate withdrawal of Russian troops. The body has not remotely fulfilled its role of preventing war and resolving conflict.

InsideEVs

NIO EV Sales Increased Only 10% In February 2022

NIO reports 6,131 electric car sales in February, which is only 9.9% more than a year ago and noticeably less than in several previous months.

The Japan News/Yomiuri

Fears grow over risk of China, N. Korea, Russia taking advantage of Ukraine turmoil

Following Russia's invasion of Ukraine, the government is on alert for provocations in East Asia by China, Russia and North Korea, which it believes might attempt to take advantage of the turmoil in international affairs.

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