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The Latest Breaking News from Beijing

Xi tells Biden Russia-Ukraine fighting is in ‘no one’s interest’

Call between two leaders comes amid US concerns that China could aid Russia in its invasion of Ukraine.

Al Jazeera

Ukraine: why China is not yet bailing out Russia

As Russia’s war in Ukraine continues, China’s role has been thrown into sharp relief. Prior to the war, some commentators suggested that China would openly side with Russia or seek to act as a mediator – so far Beijing appears to have resisted doing either.

The Conversation

Personal ties that bind: How Xi-Putin relationship has evolved

Close ties between two leaders unlikely to differ much in short term, even if China distances itself from Ukraine war.

Al Jazeera

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Local govts try to ride X-sports popularity

At the Beijing Winter Olympics skateboard and snowboard double-threat Ayumu Hirano soared to gold in the men's snowboard halfpipe. His success, among other brilliant results achieved by Japanese athletes in both Beijing and at the Tokyo Summer Games, has helped X-sports popularity explode.

The Japan News/Yomiuri

Can Seoul Court Beijing’s Perception Problem?

While it might be unrealistic for Seoul to completely sever itself from Washington’s global geostrategy, Beijing and Seoul could still reach a modus vivendi on South Korea’s contribution to the U.S.-led Indo-Pacific Strategy and its future relationship with the Quad.

The News Lens

China’s decisive turning point: will it side with Russia and divide the world?

Analysis: the world faces the possibility of a dramatic shift in the geopolitical balance of power as Beijing mulls support for Russia over the Ukraine war

The Guardian - US

Biden outlines ‘consequences’ if China aids Russia – as it happened

Ukraine president says time has come for ‘meaningful’ talks; Biden warns Xi Jinping of ‘implications’ if Beijing helps Russia during call to China president

The Guardian - AU

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US, China discuss Russia as Biden and Xi hold call

US says Beijing has ‘responsibility to use influence with Putin’ as toll mounts from Russian invasion of Ukraine.

Al Jazeera

Biden looks to assess where China's Xi stands on Russia war

President Joe Biden and China's Xi Jinping are set to speak on Friday as the White House warns Beijing that providing military or economic assistance for Russia’s invasion of Ukraine will trigger severe consequences from Washington and beyond

The Independent UK

Ukraine war: Joe Biden to warn Xi Jinping China will face ‘costs’ if it helps Russia

Leaders will hold first phone call since the invasion of Ukraine on Friday, amid speculation that Beijing could provide financial or military support to Moscow

The Guardian - AU

After Biden-Xi call, U.S. warns China it could face sanctions if it backs Russia in Ukraine

U.S. President Joe Biden warned Chinese leader Xi Jinping on Friday of 'consequences' if Beijing gave material support to Russia's invasion of Ukraine, the White House said, while both sides stressed the need for a diplomatic solution to the crisis.

Reuters

How China is using scholarships to shape Indonesian Muslim students' views

China has expanded its soft-power clout in Indonesia in recent years to accompany its growing economic and political foothold in Indonesia. One of these endeavours is courting Muslim students, known as “Santri”, with scholarships.

The Conversation

Analysis-Chinese military aid to Russia would be major role reversal, analysts say

For decades Russia has, more than any other country, aided China's dramatic military modernisation with weapons and technology - and now Beijing has plenty that Moscow needs as its Ukraine invasion continues, military analysts say.

Reuters

Tencent's Social Media Removes Posts Questioning China's Strong Economic Data

Tencent Holdings Ltd's (OTC:TCEHY) social media site WeChat deleted at least two reports by notable economists questioning China's surprisingly strong economic data, Bloomberg reports. JD.com Inc (NASDAQ:JD) chief economist Shen Jianguang argued over multiple contradictions behind the robust data. Tencent also removed a similar post by China Evergrande Group's former chief economist Ren…

Benzinga

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Reuters

Analysis-U.S. gamble on China over Ukraine raises tensions with rival superpower

The Biden administration made a carefully orchestrated gamble this week, issuing a series of public and private threats to Beijing that it will face consequences if it supports Russia's invasion of Ukraine.

The Independent UK

U.S. Olympian Alysa Liu, father targeted in Chinese spy case

U.S. Olympic figure skater Alysa Liu and her father Arthur Liu – a former political refugee – were targeted in a spying operation ahead of the Beijing Olympics that the Justice Department alleges was ordered by the Chinese government, the elder Liu said

The Guardian - AU

China property shares soar on Beijing stimulus, despite continued debt crisis

Plans to shore up real estate and tech sectors welcomed by investors, but downgrade of third-biggest developer Sunac shows problems persist

The Independent UK

Biden's China 'pivot' complicated by Russia's war in Ukraine

Joe Biden set out to be the U.S. president who finally completed the “Asia pivot,” Washington lingo for a long sought adjustment of U.S. foreign policy to better reflect the rise of China

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Benzinga

Alibaba Up 9%, Nio Up 4.6% — What's Driving Hong Kong Markets Higher Today?

Shares of U.S.-listed Chinese tech companies extended strong gains in Hong Kong on Thursday after Beijing vowed to ensure stability in the stock market and support overseas listings of domestic companies.

Al Jazeera

India and Australia close to signing a mini free trade agreement

The move comes at a time when both nations are desperate to reduce their dependence on China.

Reuters

Lithuania says EU should scrap summit with China

A planned summit between China and the European Union should be canceled until Beijing shows whether it stands with Russia or the West over the conflict in Ukraine, a senior Lithuanian official said on Wednesday.

The Guardian - UK

How close are China and Russia and where does Beijing stand on Ukraine?

Putin and Xi have said the bonds between their two countries have ‘no limits’ but what does this mean in practice?

The Japan News/Yomiuri

How far is China willing to go in its support for Russia in Ukraine crisis?

If China supports Russia in its aggression against Ukraine, it will face international criticism and severe sanctions. Is Chinese President Xi Jinping aware of the high cost that Beijing would pay?

Benzinga

Global Efforts To Reduce Semiconductor Dependence Will Further Exacerbate Crisis: Bloomberg

Growing efforts from the U.S. and Europe to consolidate their semiconductor supply chains to compete with China could backfire due to the political strings attached to the aid, Bloomberg reports. The downside includes insufficient and ill-timed government aid and different parts of the world striving to secure supplies while championing domestic…

Benzinga

Alibaba Looks To Slash Workforce By 30% After Its MMC Division Decides To Lay off 20% Employees

Alibaba Group Holding Ltd (NYSE:BABA) and Tencent Holdings Ltd (OTC:TCEHY) employees saw a job cut of 30%, the Print reports as per speculation on Weibo Corp (NASDAQ:WB). Internal speculation among employees was that Alibaba looked to lay off 30% of its employees while Tencent between 10% - 30% of its employees. Tencent started layoffs within small business…

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