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The Latest Breaking News from China

Benzinga Pro's Top 5 Stocks To Watch For Thursday, Jan. 27, 2022: XLNX, ARDS, LRCX, HOOD, WDC

Today's 5 Stock Ideas: Xilinx (XLNX) - Shares up premarket. The company reported Q3 earnings results. A Reuters report titled 'China conditionally approves AMD's $35 bln deal for Xilinx' is also

Benzinga

What China's Slowdown Could Mean For The Yuan

On CNBC, Joshua Crabb of Robeco said China is seeing some slowdown amid COVID-19 restrictions in the country. With the country seeing strong exports growth, the Chinese yuan continues to remain strong despite the strong U.S. dollar environment, he said.

Benzinga

Despite China Cutting Rates, Continue to Avoid These 3 Chinese EV Stocks

In an effort to prevent an economic slowdown, China’s central bank has cut its benchmark lending rates. But many experts believe the rate cuts are insufficient to boost the performance of the electric vehicle (EV) industry. So, we think it could be wise to avoid fundamentally weak and overvalued Chinese…

StockNews.com

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Meet Team USA: Beijing 2022

A group of 222 athletes from around the country will compete at the Winter Games, where a total of 109 events in 15 disciplines across seven sports on snow and ice will be held—in a bubble, under COVID-19 protocols—across 12 competition venues in China. From fresh faces to familiar ones,…

Sports Illustrated

Tesla Deployed 222 New Supercharging Stations In Q4 2021

Tesla reports another strong quarter for Supercharger installations, although not as significant as in Q4 2020 when a major boost came from China.

InsideEVs

Honduras inaugurates first female president, Harris vows closer U.S. ties

Xiomara Castro was sworn in as Honduras' first woman president on Thursday in front of a cheering crowd including U.S. Vice President Kamala Harris, who pledged U.S. government support to stem migration and fight corruption.

Reuters

China's plans for Xinjiang, and what it means for the region's persecuted Uyghurs – podcast

When the Beijing Winter Olympics open on February 4, diplomats from a number of countries, including the US, UK, Canada and Australia, will not be there to watch. Their diplomatic boycott hinges on concerns about human rights abuses in China’s Xinjiang Uyghur Autonomous Region. In this episode of The Conversation…

The Conversation

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Stellantis Plans To Raise Stake In China JV To 75%

Stellantis NV (NYSE:STLA) plans to increase its shareholding in the joint venture GAC-Stellantis to 75% from 50%. The financial terms were not disclosed. GAC-Stellantis is a joint venture formed between China Guangzhou Automobile Group Co., Ltd. (GAC Group) and Stellantis in March 2010. The move comes as a part of Stellantis' plan to…

Benzinga

China Conditionally Approves AMD-Xilinx Deal: Report

China's market regulator conditionally approved Advanced Micro Devices Inc's (NASDAQ:AMD) $35 billion all-stock deal for peer Xilinx Inc (NASDAQ:XLNX), Reuters reports. Related Content: AMD, Xilinx Stockholders Approve Acquisition In December, the companies stated that conversations with regulators continue to progress productively and expect to secure all required approvals. Xilinx manufactures programmable chips for data centers, telecom including 5G…

Benzinga

Why Are DouYu Shares Trading Higher Premarket?

Tencent Holdings Ltd (OTC:TCEHY) looks to take DouYu International Holdings Ltd (NASDAQ:DOYU) private by 2022 end amid disagreements over strategy among executives at the Chinese videogame streaming firm, Reuters reports. Tencent, the biggest shareholder in DouYu, has a 37% stake. Tencent aims to team up with at least one private equity firm for the…

Benzinga

Beijing's Olympic bubble makes a slightly surreal experience

For journalists covering the Beijing Winter Olympics, China's strict pandemic measures are creating a surreal and somewhat frustrating experience

The Independent UK

EU launches WTO action against China over Lithuania dispute

The European Union says it's launched action against China at world trade’s governing body for discriminatory practices against Lithuania

The Independent UK

Olympians warned to bring burner phones to Beijing

They'll be loaded up with burner phones and laptops and will likely leave their own devices behind.

Axios

China Warns US over Ukraine, 'Interfering' in Winter Olympics

China's top diplomat spoke with his US counterpart on Thursday, warning Washington to "stop interfering" in the Winter Olympics and stressing that Russia's security concerns in Europe should be "taken seriously". Beijing hopes to turn next week's Games into a soft power triumph. But the lead-up has been clouded by…

Asharq Al-Awsat

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Al Jazeera

China warns US over Russia’s ‘legitimate security concerns’

China’s foreign minister takes aim at Washington as tensions with Russia mount over Ukraine.

The Independent UK

China spends billions on Olympics with longer-term goal

The finance model for the Winter Olympics calls for the host country to spend several billion dollars, the IOC to earn a couple billion, and sports bodies to share around hundreds of millions

Reuters

China says it questioned then returned Indian citizen at disputed border

China said on Thursday it has returned an Indian citizen who entered "illegally" into Chinese territory at the disputed border between the two Asian giants.

Tribune News Service

POINT: Biden’s diplomatic boycott of Beijing Olympics is apt decision

In late 2021, the Biden administration officially declared it will diplomatically boycott the Beijing Olympics due to China’s horrendous human rights abuses. Although I rarely agree with President Joe Biden, I absolutely believe this is the correct call.

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Tribune News Service

COUNTERPOINT: There are better ways to contest forced labor than boycotting the Beijing Olympics

The Winter Olympic Games in Beijing are just days away, but the Biden administration’s campaign to orchestrate a diplomatic boycott, so far joined by only a few allies, is already failing to meet certain expectations. It seems as if the criterion for success was to get a sizeable group of…

The Guardian - UK

Ukraine crisis: Russia ‘not optimistic’ but will keep talking with west – as it happened

Russian president Vladimir Putin is being briefed on a US paper reaffirming support for Ukraine’s right to pursue Nato membership

Dynamite News

'Stop interfering' in Beijing Winter Olympics: Top Chinese diplomat tells US

A few days ahead of Beijing Winter Olympics, China has said Washington should avoid interference in the Games and also stop flaring tensions up around the Taiwan issue.

Reuters

There can a diplomatic solution with China over Lithuania - Dombrovskis

The European Union and China can find a diplomatic solution over their spat on Lithuania, European Commission Vice President Valdis Dombrovskis said on Thursday, speaking shortly after EU authorities challenged China's practices regarding Lithuania at the World Trade Organization (WTO)

Reuters

China says EU should not allow Lithuania to hijack their ties

China's foreign ministry said that the European Union should not allow Lithuania to hijack their relations, after the trading bloc launched a case against Beijing over what it called discriminatory trading practices versus the Baltic state.

The Times of India

Asian Games 2022: 40 sports to feature, cricket to be back after 11 years

MUMBAI: The 2022 Asian Games will take place from September 10 to September 25, 2022, in Hangzhou, Zhejiang, China and there will be five co-host cities.

Caixin Global

Shanghai Composite Index Fell 1.78% on Thursday

Shenzhen Component Index closed down 2.77%

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