The Latest Breaking News from China

Here's Why Pfizer And Novavax Shares Are Rising On Monday

Pfizer Inc. (NYSE: PFE) and Novavax, Inc. (NASDAQ: NVAX) shares are trading higher by 4.3% at $52.42 and 9.6% at $80.05 respectively. Strength is possibly due to a spike in COVID-19 cases in China, which could lift vaccine sector sentiment.

Benzinga · Mar 14, 2022

Renewed Focus Clears Distractions for Chindata After Founder's Abrupt Exit

Key takeaways: •      Chindata reported its revenue grew 41% in the fourth quarter, as its full-year revenue and EBITDA for 2021 exceeded previous guidance

Benzinga · Mar 14, 2022

Yum China Stock Slides As COVID-19 Resurgence Disrupts Operations

Yum China Holdings Inc (NYSE:YUMC) said its first-quarter fiscal 2022 operations are significantly impacted by the highly transmissible Omicron variant causing outbreaks across China, including economically important regions of Guangdong, Shanghai, Shandong, and Jilin. The company noted quarter-to-date case counts for 2022 have surpassed that of the full year 2021.  Yum China's same-store…

Benzinga · Mar 14, 2022

White House warns of ‘significant consequences’ if China aids Russia – as it happened

White House press secretary Jen Psaki declines to say if China had provided any military aid to Russia since the war began

The Guardian - US · Mar 14, 2022

Post-Galwan, government sanctioned 32 new roads along China border

Report tabled in Rajya Sabha says work has started on eight roads

The Hindu · Mar 14, 2022

After Alibaba, Tencent Could Attract Regulatory Penalty

The People’s Bank of China discovered Tencent Holdings Ltd (OTC:TCEHY) is guilty of violating some central bank regulations by its WeChat Pay mobile network, the Wall Street Journal reports. Regulators could subject Tencent to a penalty worth at least hundreds of millions of yuan. The central bank’s routine inspection of 2021 found WeChat…

Benzinga · Mar 14, 2022

What your T-shirt reveals about 'carbon colonialism' and the global economy's vast hidden emissions

Where does your T-shirt come from? It’s a question that apparently can be answered with an awkward neck twist and a glance at the label. But the real answer is way more complex.

The Conversation · Mar 14, 2022

Apple suffers iPhone blow as Shenzen Covid lockdown shuts Foxconn factory

Two factories owned by Foxconn, which makes iPhones in China, have had to close as part of a widespread lockdown in the Chinese city of Shenzen.

Evening Standard · Mar 14, 2022

China Fines Companies $3.7 Billion Last Year for Breaking Monopoly Rules

The total was more than 50 times what the market regulator handed out in 2020

Caixin Global · Mar 14, 2022

Morning Brief: Top Stories Dominating Financial Media on Monday, March 14

CNBC

Benzinga · Mar 14, 2022