The Latest Breaking News from China

University of Kansas professor convicted of concealing China ties

A chemical engineering professor at the University of Kansas was convicted on Thursday on charges that he concealed work he was doing in China while conducting research that was funded by the U.S. government.

Reuters · Apr 7, 2022

China used TV, TikTok stars in discreet Olympics campaign

A “Real Housewives of Beverly Hills” TV star, a Paralympic swimmer and a self-described “brand king” were among the Instagram and TikTok influencers who were paid by Chinese officials for a discreet campaign that promoted the Beijing Winter Olympics, new Justice Department documents reveal

The Independent UK · Apr 7, 2022

Is India’s position on Russia affecting its relationship with the U.S.?

While India has explained its stand on the war and its ties with Russia, the U.S. remains ‘disappointed’ 

The Hindu · Apr 7, 2022

Chinese hacker groups continue to target Indian power plants, says government

At least two attempts by Chinese hackers were made on electricity distribution centres near Ladakh but were not successful, Power Minister R.K. Singh said.

The Hindu · Apr 7, 2022

Yet Another Analyst Slashed Alibaba's Price Target, Outlook Following China's Covid Outbreak

Benchmark analyst Fawne Jiang reduced the price target on Alibaba Group Holding Ltd (NYSE:BABA) to $220 from $235 (104.3% upside) and kept a Buy rating on the shares.  Jiang cut her fiscal Q4 revenue forecasts in China commerce direct sales to reflect the disruption of offline businesses due to COVID lockdowns. Jiang lowered International Retail…

Benzinga · Apr 7, 2022

China's Worries Switch From Nickel To Lithium

Nickel is not the battery-destined metal that concerns China the most. In March, the government of the Asian giant summoned several market players to find ways to curb lithium’s whopping increase of 472% since last June.

Benzinga · Apr 7, 2022

Here's Why JPMorgan Trimmed Apple's Earnings Outlook

JPMorgan analyst Samik Chatterjee sees consumer spending restricting the upside expectations from Apple Inc's (NASDAQ: AAPL) launch of the iPhone SE3 and will likely limit the magnitude of upside to iPhone 13 and App Store revenue in Services.  Chatterjee trimmed earnings forecasts for Apple, led by a "modest haircut" to revenue growth estimates for iPhone and…

Benzinga · Apr 7, 2022

Japan, Philippines to step up security ties amid China worry

The defense ministers of Japan and the Philippines have agreed to bolster security cooperation and expand joint drills between their forces, and shared concerns about China’s increasingly assertive military actions in the region

The Independent UK · Apr 7, 2022

What drives Chinese migrants to Ghana: it's not just an economic decision

Over the past two decades, there have been many debates about China’s growing engagement in Africa. In these discussions, the more than one million Chinese expatriates, business people and labourers who come and work in Africa are often seen only as a byproduct of an overall “outbound” China. And they…

The Conversation · Apr 7, 2022

China warns of ‘strong measures’ if US House Speaker Nancy Pelosi visits Taiwan

‘All possible consequences that arise from this [visit] will completely be borne by the US side’

The Independent UK · Apr 7, 2022