The Latest Breaking News from China

Chinese Australians respond to foreign interference claims ahead of federal election

The Racial Discrimination Commissioner expresses concern over racism against Chinese Australians as political debate over foreign interference heats up.

ABC News · Feb 18, 2022

JPMorgan Sees 57% Upside In Netflix - Read Why

JPMorgan analyst Doug Anmuth says Netflix Inc (NASDAQ:NFLX) shares "remain controversial" as the in-line Q4 subscribers and "light" Q1 outlook are driving lower growth expectations and increased questions around subscriber penetration impact of content and competition.  However, he believes solid secular growth remains in global streaming and that Netflix's penetration of global broadband…

Benzinga · Feb 18, 2022

Iran Nuclear Deal Could Be Agreed Very Soon, EU Official Says

A senior European Union official said on Friday that a US-Iranian deal to revive Iran's 2015 nuclear agreement was close but success depended on the political will of those involved. "I expect an agreement in the coming week, the coming two weeks or so," the EU official said. "I think…

Asharq Al-Awsat · Feb 18, 2022

What's the IOC – and why doesn't it do more about human rights issues related to the Olympics?

The International Olympic Committee, a nongovernmental organization based in Switzerland that’s independent of any one nation, was founded in 1894. It’s a group of officials who supervise and support the Olympics and set Olympic policies about everything from whether break dancing can be added as an official sport to what’s…

The Conversation · Feb 18, 2022

Calling the coronavirus the 'Chinese virus' matters – research connects the label with racist bias

No one wants their geographic region to be associated with a deadly disease. Unfortunately, this has happened in the past with diseases such as “German measles,” “Spanish flu” and “Asiatic cholera.”

The Conversation · Feb 18, 2022

Benda Struggles To Keep Up With Demand For LFS 700 In China

Benda’s LFS 700 is being met with a lot of demand in its home market of China, with bookings temporarily suspended in order to keep up with the growing demand.

RideApart · Feb 18, 2022

Hong Kong's future unclear as leadership election, lacking front-runner, is delayed by COVID

Hong Kong on Friday postponed an election for a new leader until May to battle a raging COVID outbreak, but unlike previous years, there's still no front-runner for the job, adding to uncertainty about the city's future as Beijing imposes its rule.

Reuters · Feb 18, 2022

Meituan Shares Get Butchered As China Introduces Tougher Laws

Meituan (OTC:MPNGY) shares shed ~15% after China issued new guidelines asking food delivery platforms to cut restaurant fees to reduce business costs, Bloomberg reports. Online food delivery platforms will have to offer preferential fees to restaurants in regions hit by the pandemic, as per the National Development and Reform Commission.  Related Content: US Adds…

Benzinga · Feb 18, 2022

Huawei Aims To Spend $633M On Digital Energy HQ, R&D Center

Huawei Technologies looks to spend CNY4 billion ($632.52 million) on building a new headquarters and R&D center for its digital power unit, Reuters reports. Huawei Digital Power inked an agreement on February 17 with the local government of the southern metropolis of Shenzhen, where its parent is headquartered, for the project.…

Benzinga · Feb 18, 2022

Opinion: One Man, a Poor Coal Mining Town, and 173 World Speed-Skating Titles

Meng Qingyu’s life’s work of turning Qitaihe into China’s speed-skating mecca shows that wealth isn’t necessary to cultivate Olympic champions

Caixin Global · Feb 18, 2022