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The Latest Breaking News from China

Huadi's Year of the Tiger Starts with a Roar, But Destined to End on a Whimper?

Key Takeaways: Huadi International reported its revenue rose 18% in its latest fiscal year, but its profit dropped 24% on high shipping and IPO-related costs Company’s shares were largely unchanged after results announcement, but have rallied sharply since last October on what looks like speculative trading By Doug Young

Benzinga

Ukraine in focus for Olympics insurers as Beijing Games kick off

The threat of war between Russia and Ukraine is the biggest risk for insurers offering coverage during the Beijing Winter Olympics as an outbreak of hostilities could force team withdrawals or appearance cancellations, industry sources say.

Reuters

NBC's Tokyo Olympics coverage left viewers hanging. This time it promises a 'safety net'

A 16-hour time difference. An overloaded schedule spread across a complex array of channels. Disappointing performances from star athletes. Miserable weather. A resurgent pandemic. Empty stands. Political controversy. Social media spoilers.

Los Angeles Times

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Olympics-Tibetans march on IOC headquarters to protest Beijing Games

Several hundred Tibetan and Uyghur activists marched on the International Olympic Committee (IOC) on Thursday, a day before Beijing 2022 opens, accusing the Swiss-based organisation of complicity in "atrocities" committed against ethnic minorities in China.

Reuters

Olympics-India won't send diplomat after Games 'politicized' by China

India said on Thursday it would not send its top diplomat in China to the opening ceremony of the Winter Olympics, after a Chinese soldier wounded in border clash between the countries carried the symbolic torch.

Reuters

Hundreds of Tibetans protest outside IOC headquarters

Hundreds of Tibetans are marching outside the Swiss headquarters of the International Olympic Committee, demanding freedom for their homeland as Beijing prepares to host the Winter Games

The Independent UK

Cummins Reports Mixed Q4 Results; Expects China Demand To Moderate In FY22

Cummins Inc. (NYSE:CMI) reported fourth-quarter sales of $5.85 billion, flat year-over-year, beating the consensus of $5.79 billion. Sales in North America decreased 4% while international revenues increased 6% Y/Y, driven by strong demand across most global markets, except China. Sales by segments: Engine $2.4 billion (+4% Y/Y), Distribution $2.1 billion (+3% Y/Y),…

Benzinga

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Germany must reassess policy towards Russia, China -ruling party chief

Germany should reassess its long-held strategy of seeking to bring about change in authoritarian societies through rapprochement given developments in Russia and China, the co-head of the ruling Social Democrats (SPD) said in an interview.

Reuters

Gus Kenworthy interview: ‘I’m going for gold for the LGBTQ+ community as well as for Britain’

Exclusive interview with Team GB’s freestyle skier on the eve of the Beijing Winter Olympics

Evening Standard

Winter Olympics: What you need to know about Beijing 2022

Beijing becomes the first city to host both the Summer and Winter Games.

Al Jazeera

Factbox-Russia, China may sign energy, other deals amid Moscow tension with West

Russian President Vladimir Putin meets China's leader Xi Jinping this week when he attends the Beijing Winter Olympics and they may seek to deepen trade ties in energy and other areas at a time when Moscow is at loggerheads with the West over Ukraine.

Reuters

IOC president Bach says Peng Shuai can move freely in China

The president of the International Olympic Committee has sought to play down concerns about the safety of Chinese tennis player Peng Shuai while also saying he planned to go ahead with their long-promised dinner during the Beijing Games

The Independent UK

Olympics-Peng Shuai expected inside Beijing bubble as athletes find their snow feet

The Olympics chief on Thursday pledged to support Chinese tennis player Peng Shuai if she asks for an investigation into her treatment when he meets with her inside Beijing's "closed loop" at the Winter Games.

Reuters

Riled up by torchbearer, India skips China Olympics opening

India will not attend Friday’s opening ceremony of the Beijing Winter Olympics, after one of the torchbearers reportedly chosen by Chinese authorities riled up New Delhi’s anger

The Independent UK

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The Times of India

'Shameful', says US lawmaker on China picking PLA soldier as torchbearer for Beijing Olympics

WASHINGTON: A top US lawmaker on Thursday described as "shameful" China picking a PLA soldier, who was part of the military command that attacked Indian soldiers in the Galwan Valley in 2020, as a torchbearer for the Beijing Winter Olympics.

The Independent UK

Peng Shuai can move freely in China, says IOC president before meeting tennis player in Beijing

Thomas Bach will meet Peng inside the ‘closed loop’ of the Beijing Olympics

The Conversation

How to reduce investing's gender gap: try talking about ethics

The Research Brief is a short take about interesting academic work.

Sports Illustrated

Who’ll Win In Beijing? SI Picks Every Medal at the 2022 Olympics

Who will win in Beijing? SI’s expert predicts the podium for all 109 events at the Winter Games.

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The Hindu

Indian diplomats to boycott Beijing Winter Olympics

China's decision to field PLA Galwan commander as Olympic torchbearer angers New delhi; no diplomat will represent India at opening and closing ceremonies; DD cancels live telecast of ceremonies

The Guardian - UK

Xi-Putin summit: Russia inches closer to China as ‘new cold war’ looms

Fifty years after Nixon and Mao’s historic handshake, the geopolitical world order is again being reshaped

Dynamite News

China has politicised Winter Olympics, charge d'affaires in Beijing not to attend opening, closing ceremonies, says India

Referring to China choosing a PLA commander injured in Galwan clash for 2022 Winter Olympics torch relay, India on Thursday expressed regret that Beijing has chosen to politicise an event like the Olympics and said its charge d'affaires will not be attending the opening or closing ceremony of the event.

Roll Call

Law aimed at Chinese forced labor to test companies on ESG performance

The Olympics beginning Friday in Beijing will draw attention to U.S. companies' monitoring of their own supply chains.

Roll Call

Lithuania's resistance to Chinese pressure a test for US strategy - Roll Call

Little Lithuania is standing up to China's economic pressure, making it a test case for its Biden administration allies.

Axios

Olympic sponsors' silence on human rights feeds censorship fears

“China's leverage has changed in every dynamic.”

The Independent UK

BC-Olympic Digest, ADVISORY

Nihao from Beijing

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