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The Latest Breaking News from China

Chinese businessman arrested in $1 billion fraud conspiracy

A self-exiled Chinese businessman has been arrested in New York on charges alleging that he oversaw a $1 billion fraud conspiracy

The Independent UK

2023 Spring Statement brings 'enhanced' tax incentives to tech SMBs

UK chancellor Jeremy Hunt said the government plans to introduce tax incentives for UK-based small and medium-sized businesses (SMBs) as part of a broader set of plans to boost the UK's technology sector. Delivering the government's 2023 Spring Statement to the House of Commons on Wednesday, Hunt said the incentives…

IT Pro

China, Russia, Iran conduct four-day naval exercises in Gulf of Oman

China, Iran and Russia are conducting joint naval exercises in the Gulf of Oman from March 15-19, the Chinese and Russian defence ministries said on Wednesday.

Reuters

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Gap in data complicates legislation to keep China off US farms - Roll Call

Lawmakers are sounding national security alarms about foreign buyers acquiring control of U.S. farm and forest land.

Roll Call

UK expected to ban TikTok from government mobile phones

Ban on Chinese owned video-sharing app marks U-turn from previous relaxed position

The Guardian - UK

PV Sindhu knocked out in first round of All England Championships

NEW DELHI: Ace Indian shuttler PV Sindhu's dismal run continued as she made a shocking first round exit from the All England Championships after losing to Zhang Yi Man of China in straight games in Birmingham on Wednesday.

The Times of India

EU eyes more naval visits in disputed South China Sea

A European Union official says the 27-member bloc wants to step up its naval visits and possibly engage in joint military training exercises to promote freedom of navigation and respect for international law in the disputed South China Sea

The Independent UK

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US recognises Arunachal Pradesh as part of India and condemns China’s attempts ‘to change status quo’

China claims the northeastern state as its own and calls it ‘Zangnan’ or ‘South Tibet’

The Independent UK

Honduras seeks to establish diplomatic relations with China in blow for Taiwan

President expresses intention to ‘expand frontiers freely’

The Independent UK

China’s Excavator-Makers Unearth Growing Business Abroad

Exports of the construction equipment rose 14.9% in the first two months of the year, overtaking the domestic market

Caixin Global

China, Russia, Iran hold joint naval drills in Gulf of Oman

China's Defense Ministry says Chinese, Iranian and Russian naval forces are staging joint drills in the Gulf of Oman near the mouth of the strategic Persian Gulf this week

The Independent UK

Showdown over subs triggers fight among Labor’s faithful

Paul Keating has delivered a full frontal attack on Prime Minister Anthony Albanese and condemned the nuclear submarine.

The New Daily

Jeremy Hunt's bizarre blunder where he mistakenly called his Chinese wife 'Japanese'

As Jeremy Hunt announces the budget today, we look back at the time he made a bizarre blunder when he referred to his Chinese wife as "Japanese" while on a trip to China in 2018

Daily Mirror

Opinion: Internationalizing the Yuan Is Not Easy, but China Is Pulling Out All the Stops

Beijing is using policy support, a large financial market, stable currency value and increasing exchange rate flexibility to make the renminbi a currency of choice in global markets

Caixin Global

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The News Lens

U.S. Military Presence in Taiwan and Philippines to Alter Balance of Power in the Indo-Pacific

Just as it’s helping Ukraine defend itself against Russian invasion by coordinating European allies, the U.S. is flexing both its military and diplomatic strength in the Indo-Pacific to hedge against China’s war plans.

France 24

Ohio sues Norfolk Southern rail company over derailment

After a disastrous derailment in East Palestine, Ohio on February 3, the US state's attorney general has filed a lawsuit against the Norfolk Southern rail company, saying it prioritises profits over people. The state is seeking to hold the railroad financially accountable for the accident. Also in this edition, media…

InsideEVs

2023 XPeng P7i Facelift Adds Range, Performance, And Tech Upgrades

XPeng will start customer deliveries of the P7i in China this month, with prices starting from $36,230 for the base 702Pro rear-wheel-drive model.

Chicago Tribune

Commentary: China gets the credit for improving Iran-Saudi Arabia ties — but the US benefits

There was a time, only a few short years ago, when Saudi Arabia’s Crown Prince Mohammed bin Salman thought Iran’s supreme leader, Ayatollah Ali Khamenei, was worse than Adolf Hitler. “I believe that the Iranian supreme leader makes Hitler look good,” Prince Mohammed told The Atlantic’s Jeffrey Goldberg in a…

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The Guardian - UK

China’s world view: Inside the 17 March Guardian Weekly

Xi Jinping’s vision. Plus: pictures that changed the way we see sport.

Bangkok Post

Honduras switching ties to China from Taiwan

 Honduras will establish diplomatic relations with China, President Xiomara Castro said on Tuesday, a move that would result in the severing of longstanding official ties with Taiwan.

Asharq Al-Awsat

Time and Money for Love: China Brainstorms Ways to Boost Birth Rate

Concerned by China’s shrinking population, political advisors to the government have come up with more than 20 recommendations to boost birth rates, though experts say the best they can do is to slow the population's decline. China dug itself into a demographic hole largely through its one-child policy imposed between…

WEKU

Honduras says it will seek ties with China, spurning Taiwan

China claims self-ruled, democratic Taiwan is part of its territory and refuses most contacts with countries that maintain formal ties with Taiwan.

The News Lens

Japan and South Korea: A Logical but Uneasy Alignment

Is a compensation deal to right colonial-era wrongs part of a strategic shift towards rapprochement?

The Guardian - AU

Australia seeks talks with global nuclear watchdog to allay Aukus fears

Government has promised not to enrich uranium or reprocess spent fuel as part of the nuclear-powered submarine program

Caixin Global

Shanghai Composite Index Rose 0.55% on Wednesday

Shenzhen Component Index finished nearly flat

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