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The Latest Breaking News from China

With American claims that Beijing is considering whether to arm Russia in its war against Ukraine, there could be significant ripple effects for Kiwi politicians and exporters.

Newsroom.co.nz

China's top diplomat visits Moscow as Russia's war on Ukraine nears 1 year

Trade between China and Russia has increased over the past year, especially with Chinese purchases of Russian oil and gas.

WEKU

Kremlin official urges deeper ties with China to resist West

Russia’s security head has held talks with the Chinese Communist Party’s foreign policy chief, saying Moscow and Beijing must deepen their cooperation in the face of Western pressure

The Independent UK

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China's Xi preparing to visit Moscow for summit with Putin -WSJ

Chinese leader Xi Jinping is preparing to visit Moscow for a summit with Russian President Vladimir Putin in the coming months, the Wall Street Journal reported on Tuesday, citing people familiar with the plan.

Reuters

China's top diplomat says Russia ties 'rock solid'

China's top diplomat told one of President Vladimir Putin's closest allies on Tuesday that Beijing's relationship with Moscow was "rock solid" and would withstand any test in a changing international situation.

Reuters

Scientist convicted of editing babies’ genes has Hong Kong visa revoked over ‘false statement’

Local media report inquiry launched over application by Chinese scientist He Jiankui, whose work sparked ethics storm

The Guardian - UK

Could battery swapping be the new charging?

Charge anxiety could be a thing of the past if we follow China’s lead and bring in battery-swapping stations. But how likely are they to catch on here?

Evening Standard

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Hackers scored data center logins for some of the world’s biggest corporations more than a year ago. Now they’re selling that information

In an episode that underscores the vulnerability of global computer networks, hackers got ahold of login credentials for data centers in Asia used by some of the world’s biggest businesses, a potential bonanza for spying or sabotage, according to a cybersecurity research firm.

Tribune News Service

Chinese provinces give 30 days' paid 'marriage leave' to boost birth rate

Some Chinese provinces are giving young newlyweds 30 days of paid leave in the hope of encouraging marriage and boosting a flagging birth rate, the Communist Party mouthpiece People's Daily Health said on Tuesday.

Reuters

Japan bids teary farewell to pandas sent to reserve in China

Japanese panda fans bid teary farewells to their idols Xiang Xiang, “super papa” Eimei and his twin daughters who were sent to China to live in a protected facility in Sichuan province

The Independent UK

Japan, China to work towards direct communication line for security, Japan says

Japan and China will work towards launching a direct communication line for security from this spring, Japan's defence ministry said on Tuesday in a statement after talks between senior defence officials from both countries.

Reuters

The post-Cold War era is gone. A new arms race has arrived

Shortly after Russia invaded Ukraine, the government in neighboring Poland passed a law to more than double the size of its military, and went shopping for weapons.

Tribune News Service

Explainer-A year into Ukraine war, how has China stood by 'no limits' partner Russia?

Nearly a year has passed since Russia invaded Ukraine, which came just weeks after Beijing and Moscow had declared a "no limits" partnership that sparked anxiety in the West.

Reuters

China Encourages Foreign Investment in Real Estate Through Private Equity Funds

Pilot scheme will permit qualified PE managers to set up funds to invest in property and infrastructure

Caixin Global

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The Independent UK

China outlines Xi Jinping’s plan for world peace as top diplomat set for Moscow talks

‘We will continue to promote peace talks, provide Chinese wisdom for the political settlement of the Ukraine crisis’

Caixin Global

New Capital Rules Aim to Bring Chinese Banks in Line With Global Standards

The draft framework categorizes banks by size and offshore business to help increase compliance while helping smaller banks

The Japan News/Yomiuri

Xiang Xiang begins trip to new home in China

Xiang Xiang, a 5-year-old giant panda born and raised at Tokyo's Ueno Zoological Gardens, left Japan for China on Tuesday.

The New Daily

Climate change will hit Australia’s most populous states hardest, global report finds

Victoria, New South Wales and Queensland rank among the places most at risk from physical climate change in Oceania, a new report finds.

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The News Lens

When Switzerland Was the Location of Choice for Chinese Espionage

In the 1960s, Switzerland stood at the center of a global Chinese espionage network. Many Taiwanese diplomats could be blackmailed into collaboration because they had relatives living in China.

Axios

A year after Ukraine invasion, Russia's reliance on China deepens

China has cultivated an important strategic partnership without itself becoming an international pariah — an approach that is likely to continue as the war drags on.

St. Louis Post-Dispatch

Editorial: The strange new world just got a lot more strange

For anyone who thought the Chinese spy balloon was weird, wait till you see the next phase in subterfuge that China already is using to put its own stamp on news events. China is creating videos of news anchors who talk about American gun violence or put Beijing’s spin on…

Tribune News Service

Editorial: A surprise trip to show US resolve

President Joe Biden was greeted by a grateful Ukrainian President Volodymyr Zelenskyy during a surprise trip to Kyiv on Monday. In an admirable show of solidarity, Biden declared America's "unwavering commitment" to the besieged but brave Ukrainians just days before the one-year anniversary of Russia's full-scale invasion.

Caixin Global

China’s Debt Levels Will Limit Impact of Monetary Policy, Ex-PBOC Official Says

Local governments, businesses and households all have holes in their finances that will discourage them from borrowing

Reuters

Australian cotton clears Chinese customs on bets sanctions will end

Chinese cotton buyers are buying up Australian product in anticipation the unofficial ban that decimated Australian cotton exports to China could lift amid a diplomatic thaw that has already seen trade resume in other sanctioned commodities.

Bangkok Post

Beijing quietly backing HK crypto plans

HONG KONG: In October, Hong Kong rolled out the red carpet for cryptocurrency businesses to help revitalise the embattled financial hub. Signs are now emerging that the push has under-the-radar backing from Beijing, providing impetus for mainland Chinese firms to return.

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