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The Latest Breaking News from China

Trilateral naval drills between China, Russia and Iran start on Friday

China, Russia and Iran will hold joint naval drills on Friday, a public relations official from Iran's armed forces told semi-official ISNA news agency on Thursday.

Reuters

FTSE 100 Live: Unilever shares rise as Glaxo interest cools, China cuts rates, Nasdaq in correction territory

The Nasdaq’s slide into “correction” territory after falling 10% since November today failed to unsettle the FTSE 100 index.

Evening Standard

Nio Is Getting Immense Publicity In China Over Norway Swap Station Launch — But Not Exactly How It Would Have Wanted

U.S.-listed Chinese electric vehicle maker Nio Inc’s (NYSE: NIO) ‘musical’ battery swap station launch in Norway has triggered hilarious online retorts in China, cnEVpost

Benzinga

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Shanghai Composite Index Fell 0.09% on Thursday

Shenzhen Component Index closed down 0.06%

Caixin Global

Beijing migrant worker's search for son sparks outrage, sympathy

The story of a migrant worker in Beijing who caught COVID-19 while searching for his missing son provoked shock and sympathy on social media on Thursday, drawing attention to the hardships faced by the floating population in China's big cities.

Reuters

Taiwan VP to make sensitive U.S. stopovers in visit to Honduras

Taiwan Vice President William Lai will transit through the United States on his way to Honduras next week, the presidential office said on Thursday, a travel plan that drew a complaint from China.

Reuters

Scandal-Hit Starbucks Rival Luckin Said To Be Scheming A US Relisting

Luckin Coffee Inc (OTC: LKNCY) is planning to list its shares once again in the United States nearly two years after the Chinese company was rocked by a $300 million accounting scandal.

Benzinga

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China says it warned away U.S. warship in South China Sea, U.S. denies

Chinese forces followed and warned away a U.S. warship which entered waters near the Paracel Islands in the South China Sea, the country's military said on Thursday, but the U.S. Navy denied the ship had been warned off.

Reuters

Australia, UK to 'fight back' against hostile states in cyber - minister

Australia and Britain will "fight back" against cyber attacks from China, Russia, and Iran, defence minister Peter Dutton said ahead of consultations with Britain in Sydney.

Reuters

China Reports 1st Official Iranian Oil Imports Since Dec 2020

China reported the first imports of Iranian crude oil in a year despite ongoing sanctions by the United States government, according to data released by customs on Thursday. China brought in 260,312 tons of Iranian crude oil in December, according to data from the General Administration of Chinese Customs, which…

Asharq Al-Awsat

First Thai rice shipment delivered using Laos-China railway

A first shipment 1,000 tonnes of Thai rice has been delivered using the Lao-Chinese railway to Chongqing, marking a new chapter in exports to China, the Agriculture and Cooperatives Ministry announced on Thursday.

Bangkok Post

Asian stocks rise after China rate cuts, Japan export gain

Asian stock markets are higher after China cut interest rates to shore up flagging economic growth and Japan reported a double-digit rise in exports

The Independent UK

Russia's menacing forces near Ukraine spark fears of an invasion. How close is Europe to its first war in decades?

As more than 100,000 Russian troops amass at the Ukranian border and diplomatic talks continue to fail, the West is on edge that Europe is teetering towards its first war in 30 years.

ABC News

China's demographic dividends to end soon, expert warns

China's demographic dividends are still within a "window of opportunity", but that window will shut soon, with fewer births putting pressure on the working population, a Chinese demographic expert warned on Thursday.

Reuters

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Los Angeles Times

NBC Sports play-by-play announcers will not attend Winter Olympics in Beijing

NEW YORK — COVID-19 protocols will keep NBC Sports’ play-by-play teams from reporting on the scene at the Winter Olympic games in Beijing next month.

Reuters

Beijing city raises vigilance as local COVID cases tick higher before Olympics

China's capital Beijing ramped up efforts to curb COVID-19 infections, ordering checks among cold-chain firms and urging residents to cut unnecessary gatherings, as the city reported an uptick in local cases weeks before the Winter Olympics.

The Japan News/Yomiuri

Arab nations move against Uighurs for sake of China ties

CAIRO -- Members of the Uighur ethnic minority who fled to the Middle East to escape Chinese government oppression have been detained in countries such as Saudi Arabia and Morocco, with some facing possible deportation to China. These nations appear to be prioritizing their economic interests with China over solidarity…

The Guardian - UK

France to ease restrictions; Austrian parliament approves mandatory vaccination – as it happened

French PM says from February work from home guidance will be changed and nightclubs reopen; Austria will have Europe’s first universal jabs mandate

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Inverse

China's Yutu-2 rover: 3 discoveries from the far side of the Moon

A new study on the findings of China's Yutu-2 lunar rover reveals the nature of the soil on the far side of the Moon and could guide future missions.

The Independent UK

Tucker Carlson compares Russian threat to Ukraine to Mexico falling under control of China

The Fox News host made the bold comparison amid US intelligence reports of an impending Russian invasion of Ukraine

Caixin Global

China Issues More Guidelines on Internet Giants and Fintech

Nine regulatory agencies jointly call for improved regulation in the financial sector and stronger supervision of payment services

Benzinga

China's Property Market Decline To Send Iron Ore Supply Up

The China Evergrande Group (HKG:3333) crisis has had a mammoth of an impact on the metals market. For instance, in the fourth quarter last year, demand for steel in the country dropped lower than analysts’ expectations, and in the case of iron ore, the stage is set for low prices…

Benzinga

Entrepreneurial State Bank Makes Hong Kong's First SPAC Application

Key takeaways: Aquila Acquisition has applied to become Hong Kong’s first SPAC listing, formed by a group connected to China Merchants Bank Investors must put up at least $128,000 to buy the SPAC’s shares, which may be too high to create a vibrant market By Jony Ho

Benzinga

New Beijing Signals Reinforce China's Intent to Reopen U.S. IPO Pipeline

Key Takeaways: China Securities Regulatory Commission Chairman Yi Huiman says his agency is aiming to quickly implement new rules government overseas listings by Chinese firms New U.S. IPO application by cold rolled steel maker Hongli continues nascent resumption of Chinese listings in New York By Doug Young

ABC News

ASX rallies as resources stocks boosted by China rate cut and higher commodity prices

The ASX pared its losses after miners and energy stocks rose after China cut interest rates again and the unemployment rate fell. The Nasdaq Composite index falls 10 per cent from its peak.

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