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The Latest Breaking News from China

China tells Europe to not backslide on climate commitments

Europe insists rise in coal use is only temporary and will have no long-term effect on targets to cut gas emissions.

Al Jazeera

Top Financial Media Stories Thursday, September 22: Facebook Sued For Bypassing Apple Privacy Rules, Walmart Slows Hiring Plans Ahead Of Holiday Season, China Blames US For Northwestern Polytechnical University Hack And More..

Reuters

Benzinga

China 'ready for the fight' if Xinjiang motion is brought to UN rights body

A Chinese official said on Thursday that the country was readying "counter-measures" in case action is taken at a U.N. body against its human rights record in the western region of Xinjiang.

Reuters

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Factbox-Sri Lanka set to begin talks to restructure debt of $30 billion

Crisis-hit Sri Lanka will begin on Friday the tricky task of debt renegotiation with a raft of private and bilateral creditors, including China, India and Japan, to restructure and repay nearly $30 billion that it owes.

Reuters

Lawmakers walk tightrope on upping Taiwan's diplomatic status as Biden casts doubt on 'ambiguity' - Roll Call

Officials and experts in Washington and Taipei are debating whether America's "strategic ambiguity" toward Taiwan needs to end.

Roll Call

Exclusive-China sends regulators to Hong Kong to assist U.S. audit inspection -sources

Beijing has sent a team of regulatory officials to Hong Kong to assist the U.S. audit watchdog with onsite audit inspections involving Chinese companies, four people familiar with the matter said, as part of a landmark deal between the two countries.

Reuters

Crude oil prices fall amid recession concerns

PTT reveals Q3 oil analysis

Bangkok Post

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Andreas Kluth: A decision tree for Biden if Putin goes nuclear

Russian President Vladimir Putin doesn’t want to use nuclear weapons, just as he doesn’t want to still fight his “special military operation” against Ukraine. But he is still fighting — because he’s unable to win. That also means he might yet drop a nuke, as he once again threatened this…

Tribune News Service

Vladimir Putin's nuclear threat: A guide to how Joe Biden might decide to respond

WASHINGTON: Russian President Vladimir Putin doesn't want to use nuclear weapons, just as he doesn't want to still fight his "special military operation" against Ukraine. But he is still fighting — because he's unable to win. That also means he might yet drop a nuke, as he once again threatened…

The Times of India

Between India and China — Sri Lanka’s survival strategy

Foreign policy credit for India in its immediate neighbourhood has always been a tough ask. With Hambantota, the Chinese just raised the bar.

The Hindu

Analysis-As Putin escalates Ukraine war, China stands awkwardly by him

Xi Jinping is unlikely to abandon his "old friend" Vladimir Putin, even as the Russian leader's decision to send thousands more troops to Ukraine and his nuclear threats strain Beijing's "no limits" partnership with Moscow, experts said.

Reuters

Russia to Face UN Heat as Zelensky Urges Punishment

Russia is set to face direct pressure Thursday at the United Nations over its invasion of Ukraine, whose leader Volodymyr Zelensky appealed to the world to punish Moscow. As global leaders convened for the annual General Assembly, the Security Council will hold a special session among foreign ministers called by…

Asharq Al-Awsat

China sentences former justice minister to death with two-year reprieve

China has sentenced former Justice Minister Fu Zhenghua to death with a two-year reprieve for taking bribes and bending the law for selfish ends, state media said on Thursday.

Reuters

China’s Lipstick King reappears, months after Tiananmen ‘tank cake’ row

Celebrity livestreamer Li Jiaqi returns to screen after nearly four months of silence following a broadcast showcasing a tank-shaped dessert

The Guardian - AU

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Reuters

Palau calls for greater U.S. support as it renegotiates bilateral agreement

The Pacific island state of Palau, which finds itself at the heart of a geostrategic struggle between the United States and China, called on Wednesday for greater U.S. support to build its infrastructure and economy.

Benzinga

Alibaba Plunges, Xpeng, Nio Nosedive: Fed Rate Hike and Projections Push Hang Seng To 2011 Lows

Hong Kong's benchmark Hang Seng Index lost over 1.9% in opening trade to hit 2011 lows after the U.S. Federal Reserve raised interest rates by 0.75% and indicated they could be hit as high as 4.6% next year. That dented stocks of U.S.-listed Chinese EV makers, whose business prospects depend a lot…

AAP

More stress for family budgets: minister

The highest interest rates in the US in almost 15 years, coupled with war in Europe and China's lockdowns, will put more pressure on Australian households.

Roll Call

Senate approves treaty that would limit potent greenhouse gases - Roll Call

The Senate voted 69-27 Wednesday to approve the Kigali Amendment, a treaty that would limit highly potent greenhouse gases.

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Foreign Policy

China Is Quietly Trying to Dethrone the Dollar

Regional groups and small banks are helping insulate Beijing against sanctions.

Los Angeles Times

'A brutal, needless war ... chosen by one man': Biden, at United Nations, slams Putin's invasion of Ukraine

UNITED NATIONS — President Joe Biden excoriated Russian President Vladimir Putin and announced another $1.2 billion aid package for Ukraine during his annual address to the U.N. General Assembly on Wednesday.

Daily Mirror

How seriously should we take Vladimir Putin’s threat to use nuclear weapons against West?

The use of weapons of mass destruction would be a last resort for Vladimir Putin as it would invite global condemnation and risk a retaliatory attack, our helpful Q&A explains

The Hindu

A risky new status quo

The tentative conciliatory steps between nuclear-armed rivals at the LAC are important, but come with riders for India

Al Jazeera

Five key takeaways from Joe Biden’s UNGA speech

In wide-reaching UN address, US president slams Russia and says Washington not seeking ‘cold war’ with Beijing.

The Hindu

With ₹19,500-crore PLI plan, sun shines on solar cell units

The aim is to reduce the industry’s reliance on China-made panels

Benzinga

Fosun International Sells Assets as Short-Term Cash Crunch Looms

Key Takeaways: Fosun has sold down its stake in New China Life, its latest move to raise cash as it faces large debt maturing in the next 12 months The company is also selling down stakes in its Fosun Tourism unit, owner of the Club Med resort chain, and appears…

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