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The Latest Breaking News from China

IMF upgrades its outlook for the global economy in 2023

The outlook for the global economy is growing slightly brighter as China eases its zero-COVID policies and the world shows surprising resilience in the face of high inflation, elevated interest rates and Russia’s ongoing war against Ukraine

The Independent UK

Chinese food blogger fined $18,500 after cooking and eating great white shark

The video was in violation of China’s Wild Animal Protection Law

The Independent UK

Congress tightens U.S. manufacturing rules after battery technology ends up in China

The Department of Energy allowed a taxpayer-funded breakthrough in batteries to transfer overseas with little oversight

WEKU

From analysis to the latest developments in health,
read the most diverse news in one place.

Fed set to slow down rate rises this year

The US Federal Reserve is likely to lift interest rates by just 0.75% this year amid improving economic figures, benefiting Asian stock markets as well as high-risk assets, investment company Principal Asset Management said yesterday.

Bangkok Post

Russia's notorious Wagner Group secretly develop 'swarm drones' in deal with Chinese spies

More than 2,500 helicopter-style DJI Mavic2 drones were shipped from Beijing to Moscow in a murky deal between Wagner officers, the Mirror can reveal

Daily Mirror

Chinese TikTok food blogger fined almost $20,000 after eating a great white shark she bought online

Great white sharks are classed as an endangered species in China.

Fortune

Yakuza battle Chinese gangs for control of Japan's criminal underworld

On the afternoon of October 16 last year a brawl erupted between two groups of gangsters in a restaurant on the 58th floor of the Sunshine 60 high-rise building in Ikebukuro, a central neighbourhood of Tokyo. A group of around 70 people crashed a private party and fighting broke out,…

The Conversation

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Mystery of teen missing for 100 days without a trace before body found near school

Hu Xinyu, 15, went missing from his private boarding school in China's Jiangxi Province in October, but despite extensive police searches, his body wasn't found until last Thursday

Daily Mirror

3 Stocks That Are Way Too Cheap to Ignore

The stock market is anticipated to remain volatile in the near term due to the Fed’s incessant rate hikes and recessionary concerns. Against this backdrop, investors can scoop up quality stocks Berry Corp. (BRY), China Automotive (CAAS), and ARC Document (ARC) that look way too cheap to ignore. Read on….

StockNews.com

4 Stocks to Buy for Under $8 in 2023

The better-than-expected 2022 fourth-quarter GDP report and the rise in consumers’ sentiment are fueling optimism in the stock market. Moreover, the signs of cooling inflation might prompt the Fed to go ahead with a slower pace of rate hikes. Hence, fundamentally strong stocks Nokia (NOK), China Automotive (CAAS), Assertio (ASRT),…

StockNews.com

2 Chip Stocks to Buy Instead of NVIDIA In 2023

Regulatory actions and macroeconomic headwinds hampered the performance of the chip industry last year. However, technological advancements and lucrative government support could drive the industry’s long-term growth. Hence, quality chip stocks Taiwan Semiconductor (TSM) and Photronics (PLAB) might be solid buys instead of NVIDIA Corp. (NVDA) for 2023. Read on….

StockNews.com

China warns against US House speaker's plan to visit Taiwan

China on Monday warned against a reported plan by US House of Representatives Speaker Kevin McCarthy to visit Taiwan this spring, urging Washington to abide by the one-China principle and refrain from doing anything that could affect bilateral relations.

Bangkok Post

Flight attendant hailed a hero for soothing a crying baby that no-one could calm

The youngster's screams had turned the four-and-a-half hour flight from Chengdu to Jilin, China into a nightmare as not even his parents could calm him - but a heroic flight attendant soothed the little one by taking him on a tour of the plane

Daily Mirror

Chinese province ends ban on unmarried people having children

Sichuan measures aim to encourage more people to have children after population fell for first time in 60 years

The Guardian - UK

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The Guardian - AU

Australia vows to keep raising human rights concerns with China despite ambassador’s warning

Xiao Qian implies resumption of dialogue conditional on Australia taking a ‘constructive attitude’ and not ‘trying to smear China’

The Independent UK

China accuses Washington of abusing export controls

China’s government has criticized U.S. controls on technology exports as a trade violation after Japan and the Netherlands agreed to join Washington in limiting Beijing’s access to materials to make advanced processor chips

Reuters

China coast guard drives away Japanese vessels from disputed waters in the East China Sea

China's coast guard drove away Japanese vessels from waters around disputed East China Sea islets on Monday, according to Chinese state media.

Reuters

China contacts Prague over Czech president-elect speaking to Taiwan president

The Chinese foreign ministry said on Monday it was in touch with Prague over President-elect Petr Pavel's scheduled call with Taiwan's President Tsai Ing-Wen.

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Caixin Global

Following the startling suspension of its would-be record-setting $34.5 billion IPO in November 2020, the fintech company was plunged into an extensive restructuring that has been ongoing for the past two years as regulators clamp down on misconduct in the industry

Evening Standard

Wave of Covid-19 infections in China ‘coming to an end’

The Center for Disease Control and Prevention (CDC) said in a report that infections are past their peak and have begun to trend downward

Asharq Al-Awsat

GCC Minister Discuss Free Trade Agreement with China

Members of the Financial and Economic Cooperation Committee and the Trade Cooperation Committee of the GCC countries discussed the final report on the technical status of the free trade agreement negotiations between the GCC and China. The meeting completes the vision of the Custodian of the Two Holy Mosques, King…

Roll Call

With EV batteries in demand, some in GOP say 'no' to China - Roll Call

As Americans snap up electric cars, some Republicans take a tough-on-China stance even for projects that would create jobs for Americans.

WEKU

With COVID lockdowns lifted, China says it's back in business. But it's not so easy

China has been trying to woo back foreign investors and businesses after nearly three years of self-imposed isolation, but a quick economic recovery will also hinge on domestic consumption.

Fortune

Senators Warner, Rubio claim Beijing can meddle with what's trending on TikTok

“I don't know how our national security interests and the operation of TikTok in this country, as long as it's owned by ByteDance, can coexist," Senator Marco Rubio said on CBS's Face the Nation.

Reuters

Russia seeks 'new level' of China ties

Russia said on Monday that it wanted to take ties with China to a "new level" and was looking forward to face-to-face talks with Beijing's leadership as a Russian newspaper reported that China's top diplomat would visit Moscow in February.

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