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The Latest Breaking News from Beijing

Are Investors Bullish On Chinese Stocks Again?

A raft of regulations targeting a number of sectors — from technology to real estate and education — have hammered Chinese stocks late last year and into 2022, and although many economists remain bullish on Chinese stocks’ potential, Beijing’s relationship with the Kremlin is now weighing on investor appetite for…

Benzinga

Carrie Lam: a divisive leader in Hong Kong’s turbulent times

Tenure of woman who rose through ranks to become governor marked by controversies and scandals

The Guardian - UK

China variants and Omicron XE put fresh focus on Covid mutations

BEIJING: The disclosure of new Covid variants emerging in China and the rise of a potentially more transmissible strain in the UK has recast the spotlight on the ongoing risk of the virus, even as health experts say there’s no reason to panic.

The Times of India

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For Chinese evacuated from Ukraine, safety costs a pretty penny

Chinese nationals fleeing the war-torn country have had bills exceeding $5,000 for charter flights and quarantine.

Al Jazeera

China promotes traditional cures as Pfizer pill alternatives

As Hong Kong’s outbreak became the deadliest in the world, among the aid Beijing sent to the financial hub were 1 million packets of honeysuckle, rhubarb root, sweet wormwood herb and other natural ingredients, all mixed according to principles of traditional Chinese medicine.

Tribune News Service

Hong Kong leader Carrie Lam will not seek second term

Hong Kong leader Carrie Lam has announced she will not be seeking a second term.

Evening Standard

Australia anxious to show it didn’t ‘drop the ball’ on Pacific after China and Solomon Islands deal

Canberra must walk a delicate line when responding to challenges presented by Beijing and Solomons’ security agreement

The Guardian - AU

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Beijing Auto Show Postponed Indefinitely Due To COVID-19 Resurgence

The show was supposed to kick off on April 21.

Motor1

Explainer-Hong Kong leadership contender emerges amid uncertain future

Hong Kong's deputy leader, former police officer John Lee, has signalled his intention to contest an election for the city's top job, media has reported, which could see Beijing signing off on the first security official to run the global financial hub.

Reuters

In Solomon Islands, Australia’s largesse faces China challenge

Canberra is facing questions about the limits of its economic diplomacy as Pacific neighbour boosts ties with Beijing.

Al Jazeera

After Ukraine war, Taiwan’s chip supremacy raises economic stakes

Island’s importance to global supply chains is under scrutiny amid predictions of an invasion by China in coming years.

Al Jazeera

Hong Kong election for top leader is wide open as race starts

HONG KONG — Hong Kong’s election season officially begins Sunday, and despite a near-two month delay in proceedings because of a COVID-19 crisis, it’s still wildly unclear who actually wants the city’s top job.

Tribune News Service

Weekly Must-Read: China’s Battle to Stabilize Its Economy

Alarming Covid outbreaks, surging commodity prices and the triple pressures of shrinking demand, disrupted supply and weakening expectations all threaten Beijing’s 2022 growth target

Caixin Global

Live updates | Chinese diplomat suggests moves to end war

A Chinese diplomat has a suggestion for resolving the Ukraine conflict: U.S. President Joe Biden should call Russian President Vladimir Putin and promise there will be no further NATO expansion, no deployment of strategic weapons in Ukraine and that the country will remain neutral

The Independent UK

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Reuters

Hong Kong's Carrie Lam says leadership election to go ahead as planned

Hong Kong's leadership election will go ahead on May 8 as planned, city Chief Executive Carrie Lam said on Saturday, rejecting media speculation it might be delayed for a second time due to a major COVID-19 outbreak.

Al Jazeera

China resists tougher Russia response at ‘frank’ summit with EU

Chinese leaders tell EU counterparts they will push for peace in Ukraine in their ‘own way’.

Reuters

China says not deliberately circumventing sanctions on Russia

China is not deliberately circumventing sanctions on Russia, a senior Chinese diplomat said on Saturday, a day after China and the European Union held a virtual summit during which the EU told Beijing not to allow Moscow to work around Western sanctions imposed over its invasion of Ukraine.

Tribune News Service

EU tells China it expects help to persuade Russia to end war

ROME — European Union leaders said they told China in a virtual summit Friday that they expect Beijing to help end Russia’s war in Ukraine and at the very least not to interfere with international sanctions imposed on Moscow.

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Al Jazeera

Taiwan’s ‘silicon shield’: Why island may not be the next Ukraine

Self-ruled island’s dominance in semiconductors is seen by some analysts as a deterrent against an invasion by Beijing.

Asharq Al-Awsat

EU to Seek China Rethink over Russia Ties

The EU holds a virtual summit with China on Friday amid increasing alarm over Beijing's growing proximity with Moscow and its reluctance to condemn Russia's invasion of Ukraine. Chinese President Xi Jinping will hold the videoconference with EU leaders Charles Michel and Ursula von der Leyen, carrying through on an…

France 24

As it happened: Ukraine denies attacking fuel depot inside Russia

The Red Cross on Friday said a team sent to help evacuate civilians from the besieged Ukrainian city of Mariupol had been forced to turn around after conditions made it “impossible to proceed”. Russia accused Ukraine of carrying out an air strike against a fuel depot in the Russian city…

The Independent UK

Ukraine top of agenda as China, EU prepare to meet at summit

The European Union will seek China’s assurances that it won’t assist Russia in circumventing economic sanctions leveled over the invasion of Ukraine at an annual summit Friday

Bangkok Post

Solomon Islands says won't allow Chinese military base

SYDNEY: Amid a regional backlash, the Solomon Islands said on Friday it would not allow a Chinese military base in the Pacific islands nation despite its plans to sign a security pact with Beijing.

Bangkok Post

Aid convoys unable to reach Ukraine's Mariupol

The United Nations said relief convoys have so far failed to reach Mariupol after the port city has been devastated by weeks of shelling by Russian forces, but aid including food and medicine arrived in the northeastern city of Sumy.

Reuters

Solomon Islands won't allow Chinese military base, says PM's office

Amid a regional backlash, the Solomon Islands said it would not allow a Chinese military base in the Pacific islands nation despite its plans to sign a security pact with Beijing.

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