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The Latest Breaking News from China

50 costliest places for expats to live, work

Hong Kong is the world’s most expensive place for employees sent abroad to work, according to a new study comparing the prices of 200 goods and products in more than 400 cities.

Bangkok Post

China slashes COVID-19 quarantine time by half for international travellers

Beijing says the new rules are designed to make coronavirus restrictions more "scientific and precise" while the country sticks with its COVID-zero principle.

ABC News

'Pro-China campaign' targets Aussie miner

Fake social media accounts promoting Chinese interests have been used to target an Australian rare earths miner, according to a cybersecurity report.

AAP

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Shanghai Composite Index Fell 1.4% on Wednesday

Shenzhen Component Index closed down 2.2%

Caixin Global

Widespread relief for Shanghai's restaurant sector as dine-in resumes

Restaurants and eateries in China's largest city Shanghai begun reopening their doors to diners on Wednesday, bringing widespread relief to an industry that was badly hit by the city's two month COVID-19 lockdown.

Reuters

China's Xi says COVID strategy is 'correct and effective'

Chinese president Xi Jinping said the ruling Communist Party's strategy to tackle the COVID-19 pandemic was "correct and effective" and should be firmly adhered to, the official news agency, Xinhua, said on Wednesday.

Reuters

China is a challenge to NATO interests, values - Stoltenberg

China poses a challenge to NATO's values and interests and the alliance has to take into account the consequences for its security from China's investment in modern long-range weapons, NATO Secretary-General Jens Stoltenberg said on Wednesday.

Reuters

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Chinese spacecraft acquires images of entire planet of Mars

An uncrewed Chinese spacecraft has acquired imagery data covering all of Mars, including visuals of its south pole, after circling the planet more than 1,300 times since early last year, state media reported on Wednesday.

Reuters

Typhoon warning issued ahead of Hong Kong handover anniversary

Hong Kong's weather forecaster released a typhoon warning late on Wednesday, urging the public to stay away from the coast, as rain and unsettled weather moves across southern China, ahead of the 25th anniversary of Hong Kong's handover to the mainland.

Reuters

Boomers platform for Maker's NBA bid

Thon Maker hopes to boost his NBA prospects when he returns to the Boomers line-up for FIBA World Cup qualifying games against China and Japan.

AAP

'Australia is a partner': relationships Conroy's focus at Pacific forum

"Australia is a partner that won't come with strings attached, nor impose unsustainable financial burdens."

Newcastle Herald

Li Auto L9 Is Probably China's Finest Family SUV

There's some amazing tech in this range-extender EV family hauler.

Motor1

Hong Kong in limbo 25 years after British handover to China

Twenty-five years after Britain handed Hong Kong over to mainland China, the city is in limbo

The Independent UK

Ukraine news – live: Putin facing no breakthrough for months in ‘grim’ war, says US

Russian forces will only make ‘incremental gains’, but no breakthrough in Ukraine, top US intelligence official says

The Independent UK

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The Independent UK

China's Baidu races Waymo, GM to develop self-driving cars

Baidu Inc. is China's highest-profile competitor in a multibillion-dollar race with Alphabet Inc.'s Waymo and General Motors Co.'s Cruise to create self-driving cars

Bangkok Post

Unity needed to fight 'waste colonialism'

In many areas countrywide, imported waste releases dangerous toxic chemicals, including Persistent Organic Pollutants (POPs) or "forever chemicals" -- so called because of their ability to remain in an environment and organisms for a long time.

Benzinga

Nike's Fourth Quarter 'Not As Bad As Feared': Why 3 Analysts Are Lowering Price Targets

Apparel and footwear company Nike Inc. (NYSE: NKE) reported fourth quarter earnings Monday after market close.

Zenger

What The Pug: Cute Dog’s Confused Look After Spending 24 Hours In Transit From China

The funny footage was shared by TikTok user ‘Panizlautner’ where it is going viral with 734,000 views and 118,000 ‘likes’.

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Reuters

Britain must spend more on defence, says minister

Britain must bolster investment in defence to tackle threats not only from Russia but from China and other countries, British defence minister Ben Wallace said on Tuesday.

Benzinga

Tencent Targets Metaverse After Overseas Opportunities, EV To Drive Growth

Tencent Holding Ltd (OTC:TCEHY) acknowledged setting up a unit focused on exploring the space to tap multiple opportunities in extended reality (XR) technologies in the next 4-5 years, Reuters reports. Gaming chief Steven Ma disclosed that Tencent had set up an XR business line to combine hardware and software, betting on most…

Benzinga

Why Trip.com Shares Are Surging Today

Trip.com Group Ltd (NASDAQ:TCOM) said its first-quarter FY22 sales remained flat year-on-year at RMB4.1 billion ($649 million). Net revenue decreased by 12% Q/Q. The sequential decrease was caused by the impact of the latest wave of COVID-19 resurgence in China. Accommodation reservation revenue fell 8% Y/Y, transportation ticketing increased 10%, packaged tours revenue…

Benzinga

Why Las Vegas Sands Stock Is Surging

Las Vegas Sands Corp (NYSE: LVS) shares are trading higher Tuesday alongside several casino companies with exposure to Macau after China eased quarantine rules for international travelers.

Benzinga

Why Wynn Resorts Stock Is Rising

Wynn Resorts Ltd (NASDAQ: WYNN) shares are trading higher Tuesday alongside several casino companies with exposure to Macau after China eased quarantine rules for international travelers.

Benzinga

Why MGM Resorts Stock Is Trading Higher Today

MGM Resorts International (NYSE: MGM) shares are trading higher Tuesday following bullish analyst coverage from JMP Securities.

Reuters

G7: China must press Russia to stop Ukraine invasion

G7 leaders urged China on Tuesday to uphold the principle of peaceful settlement of disputes by pressing Russia to stop its invasion of Ukraine and dropping its "expansive maritime claims" in the South China Sea.

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