The Latest Breaking News from China

Russia-China relations at strongest level ever, says Lavrov

Russian Foreign Minister Sergei Lavrov on Monday said Russia's relations with China were at their strongest level ever, at a time when Western nations are seeking to isolate Moscow with unprecedented sanctions over Ukraine.

Reuters · Mar 28, 2022

China's Huawei says 2021 sales down, profit up

Chinese telecom equipment maker Huawei says its 2021 sales fell but profit rose 76% despite U.S. sanctions in a year when its chief financial officer was released by Canadian authorities, ending a standoff with Washington over its dealings with Iran

The Independent UK · Mar 28, 2022

Half of Shanghai in Lockdown to Curb Covid-19 Outbreak

Millions of people in China's financial hub were confined to their homes on Monday as the eastern half of Shanghai went into lockdown to curb the country's biggest ongoing Covid-19 outbreak. The move, announced late Sunday, caused a run on grocery stores by residents who have become increasingly exasperated with…

Asharq Al-Awsat · Mar 28, 2022

Shanghai Composite Index Rose 0.07% on Monday

Shenzhen Component Index closed down 1.02%

Caixin Global · Mar 28, 2022

Oil Falls as Shanghai Lockdown Boosts Fears Over Weaker Demand

Oil prices fell more than $3 on Monday as fears over weaker fuel demand in China grew after its financial hub of Shanghai launched a planned two-stage lockdown on Monday to contain a surge in COVID-19 infections. The market kicked off another week of uncertainty, buffeted on one side by…

Asharq Al-Awsat · Mar 28, 2022

Australia’s lost influence in Pacific on display in Solomon Islands-China deal, Anthony Albanese says

Labor leader says poor emissions reductions targets and cuts to foreign aid have broken trust with Pacific countries

The Guardian - AU · Mar 28, 2022

Monday briefing: Russia and Ukraine to return to negotiating table

Zelenskiy prepared to discuss neutrality … Oscars in chaos as Will Smith slaps Chris Rock … and changes to England’s school system to be unveiled

The Guardian - AU · Mar 28, 2022

US, Filipino forces start war drills in region facing Taiwan

Thousands of American and Filipino forces have begun one of their largest combat exercises in years

The Independent UK · Mar 28, 2022

Taiwan sees Ukraine war helping Chinese yuan's internationalisation

The war in Ukraine and Russia's effective exclusion from the global currency system could be an opportunity for China to raise the profile of its currency in a challenge to the U.S. dollar, a senior Taiwanese security official said on Monday.

Reuters · Mar 28, 2022

Large parts of Shanghai locked down as mass Covid-19 testing begins

China has reported more than 56,000 infections nationwide this month

Wales Online · Mar 28, 2022