The Latest Breaking News from China

Ukraine is model for Taiwan defense should China violate its 'sovereignty' -U.S. official

Ukraine's stiff resistance against the invasion by Russian forces could be a model for Taiwan to defend itself should China choose to violate the island's "sovereignty" by attacking, a senior U.S. defense official told a Senate hearing on Thursday.

Reuters · Mar 10, 2022

Aramco JV to Develop Major Refinery, Petrochemical Complex in China

Saudi Aramco said on Thursday its joint venture in China will develop a major integrated refinery and petrochemical complex in the northeast of the country. The project, expected to be operational in 2024, combines a 300,000 barrel-per-day capacity refinery and ethylene-based steam cracker, with Aramco set to supply up to…

Asharq Al-Awsat · Mar 10, 2022

Michael Pascoe: RBA gently points out we don’t have an AUKUS economy

You know the old cliché “if America sneezes, Australia catches a cold”? It’s very last century and long overdue for retirement.

The New Daily · Mar 10, 2022

Piper Sandler Remains Cautious On Tesla Despite Noting Its Strength

Piper Sandler analyst Alexander Potter admitted that the current weekly China Passenger Car Association February sales and production exhibited continued strength for Tesla Inc's (NASDAQ:TSLA) Shanghai factory.  Tesla sold 56,515 China-made vehicles in February, including 33,315 for export. Potter also noticed a "general uptick in inbound calls" from investors regarding Tesla's exposure to geopolitical risks and commodity price…

Benzinga · Mar 10, 2022

China's balancing act on Russian invasion of Ukraine explained

Russia has few friends in the international community following its invasion of Ukraine. But China, which shares a 2,672-mile (4,300-kilometer) border with Russia, is among the handful of nations that has refused to condemn Vladimir Putin’s actions, while criticizing the West’s response to the crisis and its role in pushing…

The Conversation · Mar 10, 2022

Biden gets a new friend in Asia to take on China, North Korea

Joe Biden may have a new friend in Asia, with South Korea’s presidential-elect preparing a foreign policy reboot that more closely aligns with the U.S. president’s views of China.

Tribune News Service · Mar 10, 2022

Infographic: How much of your country’s oil comes from Russia?

Russia is the world’s second highest exporter of crude oil, after Saudi Arabia. In 2019, 48 countries bought Russian oil

Al Jazeera · Mar 10, 2022

Citigroup Appoints New China Chief Economist

Yu Xiangrong, who joined the U.S. financial giant in 2017, will head research on the Chinese economy and policy

Caixin Global · Mar 10, 2022

Chinese foreign minister says he hopes Ukraine war will stop as soon as possible

China hopes the war in Ukraine can stop as soon as possible, Foreign Minister Wang Yi said on Thursday, describing for the first time the situation in Ukraine as a "war".

Reuters · Mar 10, 2022

China eases control to let ruble fall faster against yuan

China is easing government exchange rate controls to let the Russian ruble fall faster in value against the Chinese yuan in a move that would help to insulate Beijing from economic sanctions on Moscow

The Independent UK · Mar 10, 2022