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The Latest Breaking News from Xinhua

China's Xi to visit Hong Kong for 25th anniversary handover - Xinhua

Chinese President Xi Jinping will visit Hong Kong for the 25th anniversary of the city's handover to mainland China, state news agency Xinhua reported on Saturday.

Reuters

China's Xi Calls for Stronger Fintech Oversight, Security

A high-level Chinese government meeting led by President Xi Jinping has called for stronger oversight and better security in financial tech, state media reported, with the sector hit hard by a regulatory crackdown. The government action has pummeled some of China's biggest tech firms, wiping out hundreds of billions of…

Asharq Al-Awsat

China's Xi calls for stronger fintech oversight, security

Beijing (AFP) - A high-level Chinese government meeting led by President Xi Jinping has called for stronger oversight and better security in financial tech, state media reported, with the sector hit hard by a regulatory crackdown.

AFP

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South China provinces raise alerts over historic flooding

Two provinces in south China upgraded flood warnings on Tuesday as rivers overflowed their banks and waters reached record levels, forcing people from their homes and disrupting work after weeks of pounding rain, state media reported.

Reuters

China further reins in business activities of officials' families

China's ruling Communist Party has issued rules to further rein in the business activities of the families of senior government officials, in the latest move to fight corruption, the official Xinhua news agency said on Sunday.

Reuters

China announces new Hong Kong leader's cabinet

China and Hong Kong issued a list of cabinet members on Sunday for incoming Hong Kong leader John Lee's new administration, according to the official Xinhua news agency and a statement from the special administrative region's government.

Reuters

Fire at Sinopec Shanghai Petchem Plant Kills One

A fire broke out at a Sinopec Shanghai Petrochemical Co Ltd plant in Shanghai early on Saturday, killing one person, the company said. Roaring fire was seen engulfing part of a sprawling factory, emitting columns of thick black smoke, in a video posted on Twitter by the state-backed Shanghai Daily.…

Asharq Al-Awsat

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One dead in Shanghai chemical plant explosion

Shanghai (AFP) - Shanghai authorities on Saturday announced an investigation into a massive chemical plant blaze that left one person dead and another injured in the first major industrial accident since the city lifted lockdown in early June.

AFP

Fire breaks out at Shanghai petrochemical plant, killing at least one person

At least one person is killed in a large fire at a Shanghai chemical plant that shot clouds of smoke across the city early on Saturday morning.

ABC News

China launches third aircraft carrier in major military milestone

Shanghai (AFP) - China on Friday launched its biggest and most modern aircraft carrier, marking a major military advance for the Asian superpower.

AFP

China Launches High-Tech Aircraft Carrier in Naval Milestone

Beijing launched a new-generation aircraft carrier Friday, the first such ship to be both designed and built in China, in a milestone as it seeks to extend the range and power of its navy. The Type 003 carrier christened Fujian left its drydock at a shipyard outside Shanghai in the…

Asharq Al-Awsat

China's Xi to host virtual BRICS leaders summit on June 23 - Xinhua

Chinese President Xi Jinping will host a virtual BRICS summit for leaders on June 23, the official Xinhua news agency reported on Friday.

Reuters

Top US, Chinese National Security Figures Hold 'Candid' Talks

The top Chinese and US security advisers have held lengthy talks, with both sides describing them as "candid" following days of acrimonious exchanges over Taiwan and other flashpoint issues. Readouts of the meeting in Luxembourg on Monday were toned down compared with last week, when China's defense minister warned his…

Asharq Al-Awsat

Biden adviser Sullivan raised concerns with China over North Korea

U.S. national security adviser Jake Sullivan has raised concerns with China's top diplomat Yang Jiechi over Beijing's veto at the United Nations of a U.S.-led push to impose more sanctions on North Korea, a senior U.S. official said.

Reuters

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Asharq Al-Awsat

Heavy Rains Leave 10 Dead, Hundreds of Thousands Displaced in China

Ten people have died in central China as torrential rains lashed Hunan province, forcing the evacuation of hundreds of thousands, state media reported. The downpours, which began on June 1, have forced the evacuation of around 286,000 people, with more than 2,700 homes collapsed or seriously damaged, the official Xinhua…

Reuters

Former official and regulator sentenced to death by China for corruption

Tong Daochi, a former senior official of China's southern Hainan province and an ex-securities regulator, was sentenced to death for bribery and insider trading, with a two-year reprieve, the official Xinhua News Agency reported on Thursday.

AFP

Xi hails 'new atmosphere' in Hong Kong, welcomes next leader

Beijing (AFP) - Chinese President Xi Jinping has met with Hong Kong's next leader in Beijing, telling John Lee he has the full trust of the central government, state media said Monday.

AFP

Football fans allowed for China's Covid-delayed kick-off

Beijing (AFP) - Fans will be allowed in when the coronavirus-delayed Chinese Super League season kicks off on Friday despite the country's strict Covid controls, state media reported.

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The Independent UK

15 dead, 3 missing after torrential rains in southern China

At least 15 people have died in torrential rains across southern China

AFP

US stocks rally again as China premier warns on Covid-hit economy

New York (AFP) - Wall Street stocks rose for a second straight session Thursday on a mixed day for global equities, while China's premier offered an unusually stark warning as the country's zero-Covid strategy bites into growth.

Asharq Al-Awsat

China Premier Issues Warning on Covid-hit Economy

China's premier has sounded an unusually stark warning about the world's second-largest economy, saying it must return to normal as the country's zero-Covid strategy bites into growth. China is the last major economy welded to a policy of mass testing and rapid lockdowns to eliminate virus clusters, but the strict…

AFP

China premier issues warning on Covid-hit economy

Beijing (AFP) - China's premier called for more to be done to stabilise the world's second-largest economy, issuing an unusually stark warning as the country's zero-Covid strategy bites into growth.

Al Jazeera

China pledges support for ailing economy, analysts doubt impact

Beijing says it will roll out additional tax cuts and postpone social security payments for firms to support growth.

AFP

China offers bonds, tax breaks as new medicine for ailing economy

Beijing (AFP) - Tax breaks and a bond drive for Chinese aviation and railway firms are among a blizzard of fresh measures agreed by China's economic planners to gee up an economy stunted by a coronavirus surge.

Reuters

Beijing ramps up COVID quarantines, Shanghai residents decry uneven rules

Beijing stepped up quarantine efforts to end its month-old COVID outbreak as fresh signs of frustration emerged in Shanghai, where some bemoaned unfair curbs with the city of 25 million preparing to lift a prolonged lockdown in just over a week.

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