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The Latest Breaking News from China

Russia’s war has changed the Iran nuclear deal calculus

Russia’s war on Ukraine is reshuffling Middle East diplomacy and forcing the U.S. to reassess the political costs of reviving the 2015 nuclear accord with Iran.

Tribune News Service · Mar 24, 2022

Asean needs a forward-looking trade agreement

In 2009, against the worst global economic crisis since the Great Depression, the Association of Southeast Asian Nations (Asean) signed the Asean Trade in Goods Agreement (Atiga) furthering its commitment to open and integrated regional trade. On March 16, against the Covid-19 pandemic and rising geopolitical crises, Asean economic ministers…

Bangkok Post · Mar 24, 2022

Latest Ukraine updates: Russia says first phase of war near end

Ukraine war news from March 25: Russian general says Moscow will push to fully capture eastern region of Donbas.

Al Jazeera · Mar 24, 2022

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Biden renews warning to China against aiding Russia in Ukraine

Joe Biden says he did not issue threats to China’s Xi Jinping in call, but made ‘consequences’ of helping Moscow clear.

Al Jazeera · Mar 24, 2022

NATO pledges humanitarian aid, sanctions, but falls shorts of Ukraine President Zelenskyy's pleas for weapons

NATO says it will tighten sanctions against Moscow and send more military aid to Ukraine, but falls short of Ukrainian President Volodymyr Zelenskyy's pleas for help.

ABC News · Mar 24, 2022

Time for India to redefine its relationship with Russia

It is too risky for New Delhi to pursue vague aims vis-à-vis Moscow at a time of diplomatic and strategic uncertainty

The Hindu · Mar 24, 2022

The peculiar case of Ladakh’s eastern boundary

Atmanirbhar Bharat requires a bold relook at old misconceptions while continuing dialogue

The Hindu · Mar 24, 2022

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Luckin Coffee’s Outlets in China Top Starbucks

Fourth-quarter revenue jumps and loss narrows as Chinese startup moves past 2020 fraud scandal and prepares to seek relisting of its stock in the U.S.

Caixin Global · Mar 24, 2022

China Blocks Oscar Telecast For Second Straight Year

Chinese movie lovers will not be able to watch Sunday’s telecast of the Academy Awards ceremony for the second consecutive year.

Benzinga · Mar 24, 2022

Biden says he told Xi aiding Russia would put him in ‘significant jeopardy’

‘I think that China understands that its economic future is much more closely tied to the west than it is to Russia’

The Independent UK · Mar 24, 2022

2024 MINI Cooper SE Will Be Shorter Yet Roomier Than Current Model

The next-generation MINI Cooper SE will be made in China from 2023 by Spotlight Automotive Limited, a joint venture between BMW Group and Great Wall Motor.

InsideEVs · Mar 24, 2022

Can't believe China would want escalation in Ukraine, Macron says

French President Emmanuel Macron said on Thursday that he believed China still wanted to do everything to stop the war in Ukraine and avoid doing anything that could escalate the situation.

Reuters · Mar 24, 2022

ZTO Emerges from Latest Delivery Price Wars With Return to Profit Growth

Key Takeaways: ZTO’s adjusted profit grew 35% in the fourth quarter, reversing a trend that saw the figure decline in five of the last seven quarters Return to profit growth comes as recent price war eases, and amid growing signs of consolidation in the fragmented logistics sector By Shirley Lau

Benzinga · Mar 24, 2022

Reports: Chinese foreign minister arrives in India

Indian media have reported Chinese Foreign Minister Wang Yi has arrived in the Indian capital, his first trip since troops from the two countries engaged in a tense faceoff and occasional clashes along their disputed border

The Independent UK · Mar 24, 2022

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Benzinga · Mar 24, 2022

Here's Why This Analyst Sees Sharp Upside In XPeng, NIO, Li Auto

China Renaissance analyst Yiming Wang initiated coverage on XPeng Inc (NYSE:XPEV), NIO Inc (NYSE:NIO), and Li Auto Inc (NASDAQ:LI). The analyst notes that the Chinese emerging EV automakers embraced a new rapid growth stage after being undervalued in 2019 and 2020. Wang initiated XPeng with a Buy and $55.60 price target (94% upside), citing it as the sector's top…

Benzinga · Mar 24, 2022

Leapmotor Enters EV Race to Capital Markets With Hong Kong IPO Plan

Key takeaways: Leapmotor plans to go public in Hong Kong, becoming the fourth Chinese electric vehicle startup to list on the exchange The money-losing company is trying to shift gears from making mini EVs to more traditional sedans at the mid- to high-end of the market By Ken Lo

StockNews.com · Mar 24, 2022

Is CooTek a Winner in the Software Industry?

Shares of CooTek (Cayman) (CTK) have been in a downtrend due to the company’s weak financials and low profitability. However, because analysts expect its revenue and EPS to grow, will the stock see a price rebound? Read on. Let’s find out.

The Independent UK · Mar 24, 2022

Nato allies warn China over support for Russia’s war in Ukraine

Leaders of the alliance, including Boris Johnson, called on China to refuse to back Vladimir Putin’s war effort.

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Reuters · Mar 24, 2022

China opposes claims of "prior knowledge" of Russian attack on Ukraine

China's ministry of defence said on Thursday it was completely false to say that China had "prior knowledge" of Russia's invasion of Ukraine and that such claims were a smear.

Benzinga · Mar 24, 2022

Oil Giant Shell Partners With Buffett-Backed EV Company, Offers Tesla Subscriptions In Germany

A large oil company is pushing further into the electric vehicle sector with two recently announced initiatives. Here’s the latest.

Reuters · Mar 24, 2022

China hopes Afghanistan to keep commitment of fending off external forces

China hopes Afghanistan would fulfill its commitment of not allowing any external forces to use its territory as a tool to oppose neighbours, or harm the security of other nations, Foreign Minister Wang Yi said on Thursday.

The Hindu · Mar 24, 2022

After surprise stopover in Kabul, Chinese Foreign Minister Wang Yi lands in Delhi

Visits kept secret, first such visit to Delhi after LAC standoff and PLA transgressions began in April 2020

Benzinga · Mar 24, 2022

Kingsoft Cloud's Q4 Top-Line Beats Street View, Explores Dual Listing In Hong Kong

Kingsoft Cloud Holdings Ltd (NASDAQ:KC) reported fourth-quarter FY21 revenue growth of 38.3% year-on-year to $417.4 million, beating the consensus of $408.2 million. Revenues from public cloud services rose 12.4% Y/Y to $240.2 million, and enterprise cloud services increased 110.6% Y/Y to $177.1 million. EPS loss was $(0.02). Net loss was $(75.7) million, and non-GAAP…

Sports Illustrated · Mar 24, 2022

No Russia, No Problem

The answer has been clear at this week’s World Figure Skating Championships in France.

Benzinga · Mar 24, 2022

Hello Shares Dive Post Dismal Q1 Guidance Amid China's Domestic Tech Crackdown

Hello Group Inc (NASDAQ:MOMO) reported a fourth-quarter FY21 net revenue decline of 3.2% year-on-year to $576.6 million, beating the consensus of $567.96 million. Drivers: Monthly Active Users (MAU) on the Momo application were 114.1 million in December 2021 versus 113.8 million in December 2020. Total paying users of its live video service and value-added…

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