The Latest Breaking News from China

Ecuador's president wants to untie oil output from debt on China visit

Ecuador's President Guillermo Lasso said on Tuesday he will seek to disconnect the handover of crude from outstanding debt to China during a visit to the Asian country next month, part of his plan to renegotiate some $4.1 billion in debt.

Reuters · Jan 25, 2022

Lithuania considers modifying Taiwan representation name to defuse row with China

Lithuanian officials, seeking to defuse a row with China, are discussing whether to ask their Taiwanese counterparts to modify the Chinese translation of the name of Taiwan's de-facto embassy in Vilnius, two sources told Reuters.

Reuters · Jan 25, 2022

Recovery disrupted: IMF cuts global economic growth forecast

Cut to global forecast largely reflects downward revisions to US and China outlooks.

Al Jazeera · Jan 25, 2022

Inflation and Omicron will dent world growth in 2022, says IMF

Global growth downgraded to 4.4% as body predicts especially marked slowdown for US and China

The Guardian - UK · Jan 25, 2022

Seven US sailors injured after jet’s ‘landing mishap’ in South China Sea

Pilot safely ejected from the jet and was recovered via US military helicopter

The Independent UK · Jan 25, 2022

China’s Environmental Watchdog Tells Local Authorities to Ensure Clear Skies During Winter Olympics

Proposed measures including curtailing operations of polluting companies and movement of vehicles to avert air pollution

Caixin Global · Jan 25, 2022

Wells Fargo Sees 20% Upside In This Footwear Brand - Read Why

Wells Fargo analyst Kate Fitzsimons upgraded Nike Inc (NYSE:NKE) to Overweight from Equal Weight with an unchanged price target of $175, implying a 19.86% upside. Fitzsimons noted the stock's 12% year-to-date decline presents a "rare buying opportunity for this best-in-class global athletic name." The analyst expects accelerating trends for Nike in fiscal 2023, and recent…

Benzinga · Jan 25, 2022

Abrupt lockdowns loom over Beijing life ahead of Olympics

Beijing residents are coping with abrupt local lockdowns and sweeping COVID-19 testing requirements as the Chinese capital seeks to prevent a coronavirus outbreak ahead of the opening of the Winter Olympics in less than two weeks

The Independent UK · Jan 25, 2022

Concerns as China builds bridge on lake at disputed India border

Construction of the bridge across Ladakh’s Pangong Lake comes amid military standoff between the two nuclear powers.

Al Jazeera · Jan 25, 2022

EVs To Drive Growth In China Auto Market This Year, Says Rating Agency Fitch

Rating agency Fitch said on Tuesday it expects electric vehicles to remain a key growth driver in China’s car market. What Happened: Fitch Ratings said EV volumes in China could reach 20% of the total share this year, up from 15.5% in 2021. 

Benzinga · Jan 25, 2022