The Latest Breaking News from China

Xi tells Hong Kong's leaders to control COVID as infections spiral

(Adds government statement on food supply)

Reuters · Feb 16, 2022

Jessie Diggins heads to her gold medal event with fresh changes, challenges

ZHANGJIAKOU, China — Jessie Diggins has been making the case that the U.S. really isn't defending the Olympic gold medal in cross-country skiing she won four years ago. The team sprint at the 2018 Pyeongchang Games was a freestyle, while Wednesday's team sprint at the Beijing Games is in the…

Tribune News Service · Feb 15, 2022

China seeking to 'exploit social division'

China is seeking to exploit social division, a Senate committee has been told, amid a tit-for-tat between the coalition and Labor over national security.

AAP · Feb 15, 2022

Tesla Facing Increasing Competition From These 2 Carmakers: Report

Tesla, Inc. (NASDAQ: TSLA) is still the leader of the EV industry, but its dominant market positioning is at risk, according to a new report from Canalys.

Benzinga · Feb 15, 2022

3 Life Insurance Stocks to Buy as Treasury Yields Hit 2-Year Highs

U.S. Treasury bond yields are rising faster than anticipated this year, with the 10-year Treasury yield now at two-year highs. The rising Treasury yields bode well for life insurance companies, allowing them to generate better returns. Thus, we think life insurance stocks China Life Insurance (LFC), MetLife (MET), and National…

StockNews.com · Feb 15, 2022

Starbucks Faces Chinese Boycott Calls After Store Was Rude To Police Officers

Starbucks (NASDAQ: SBUX) has found itself with a public relations problem in China after an incident of impolite behavior to police officers at a store turned into a viral social media fury.

Benzinga · Feb 15, 2022

China Gives OK For Theatrical Release Of 'The Batman'

The Chinese government has granted approval for the domestic release of “The Batman,” the latest installment in the on-screen adventures of Gotham City’s Caped Crusader.

Benzinga · Feb 15, 2022

Philippines' Marcos wants military presence to defend its waters in South China Sea

Philippine presidential candidate Ferdinand Marcos Jr. said he wants his country to have a military presence in the South China Sea, "not to fire upon" vessels but to defend its waters in a long-running dispute with China.

Reuters · Feb 15, 2022

What you need to know about the controversy involving Russian skater Kamila Valieva

ZHANGJIAKOU, China — A delayed medal ceremony was only the beginning.

Los Angeles Times · Feb 15, 2022

BorgWarner Clocks 7% Sales Decline In Q4; Issues FY22 Outlook

BorgWarner Inc (NYSE:BWA) reported a fourth-quarter FY21 sales decline of 6.9% year-on-year, to $3.65 billion, beating the analyst consensus of $3.47 billion. Net sales from the Air Management segment declined 9.2% Y/Y, and the e-Propulsion & Drivetrain segment lost 6.6%. Gross profit fell 19% to $625 million, and gross margin contracted 260 basis…

Benzinga · Feb 15, 2022