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The Latest Breaking News from China

Key Boeing China Customer Said To Have Scrapped Over 100 Jets From Delivery Plans

Key Boeing Co (NYSE: BA) customer China Southern Airlines Co has removed more than 100 of its 737 MAX jets from its fleet plans due to uncertainty over deliveries, Bloomberg News

Benzinga

Beijing locks down more people in China's 'zero-COVID' fight

Authorities in Beijing are restricting more residents to their homes in a now 3-week-long effort to control a small but persistent COVID-19 outbreak in the Chinese capital

The Independent UK

Factbox-COVID-hit Chinese cities seek exit from painful lockdown

Plans by COVID-hit Chinese cities to exit or avoid lockdown are more fraught and uncertain than ever as the pursuit of zero cases grows more prolonged, taxing and complex, with the highly infectious Omicron variant demanding quicker and tougher steps.

Reuters

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Shanghai Composite Index Rose 0.65% on Tuesday

Shenzhen Component Index closed up 1.23%

Caixin Global

Man killed in California church shooting called a hero

Authorities say the man killed trying to stop a gunman at a Southern California church may have saved dozens of lives

The Independent UK

Hikvision sanctions signal uncharted waters from UK to Vietnam

Washington’s reported plans to sanction Chinese tech firm could have ramifications for countless companies worldwide.

Al Jazeera

Shanghai Says 'Zero-Covid' Achieved but Millions Still in Lockdown

Shanghai on Tuesday declared it had achieved "zero-Covid" across all its districts, sparking derision on social media as millions in China's biggest city remained under lockdown. Confronted with its worst outbreak since the beginning of the pandemic, China -- the last major economy still closed off to the world --…

Asharq Al-Awsat

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Taiwan's president condemns California church shooting

Taiwan's president has condemned the shooting at a Taiwanese church in California by a man reportedly driven by hatred of the island while a lawmaker from her ruling party questioned whether Chinese propaganda was a motivating factor in the violence

The Independent UK

Poll winner must tackle 'aggressive' China

The China relationship will be a challenge for whichever party wins the election on Saturday, two former foreign ministers have told oil and gas leaders.

AAP

Foreign orders boost China shipbuilding firm linked to military

US think tank says shipping firms need to reconsider approach given shipyards links to military.

Al Jazeera

Shanghai residents leverage Excel skills, management savvy to navigate lockdown

China's worst COVID-19 outbreak has frayed nerves and stirred resentment among many residents of Shanghai but some have thrived in the face of adversity, stepping up with bright ideas and commitment to help their communities through the crisis.

Reuters

Musk's China ties add potential risks to Twitter purchase

Elon Musk’s ties to China through his role as electric car brand Tesla’s biggest shareholder could add complexity to his bid to buy Twitter

The Independent UK

China’s small businesses buckle under lockdowns, as expats exit

Beijing’s controversial “dynamic zero COVID policy” is hammering the world’s second-largest economy.

Al Jazeera

Shanghai hits prized 'zero COVID' status but lockdown lingers

Shanghai achieved its long-awaited milestone of three consecutive days with no new COVID-19 cases outside quarantine zones on Tuesday but most residents will have to put up with confinement for a while longer before resuming more normal life.

Reuters

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Tribune News Service

Boeing’s top Chinese customer removes 737 Max from fleet plans

Boeing Co.’s biggest airline customer in China has removed more than 100 of the US manufacturer’s 737 Max jets from its fleet plans, citing uncertainty over deliveries.

Reuters

Beijing reports 43 new symptomatic COVID cases, 9 asymptomatic cases

China's capital Beijing reported 43 new symptomatic coronavirus cases for May 16, up from 39 a day earlier, state media reported on Tuesday.

Los Angeles Times

Laguna Woods shooting was a hate crime targeting Taiwanese, sheriff alleges

LOS ANGELES — The suspect in the Laguna Woods church shooting Sunday appeared to be motivated by political hatred directed at the Taiwanese community, Orange County Sheriff’s officials said Monday.

Reuters

Alarmed by Solomon Islands-China pact, NZ finds its voice on security

New Zealand has long been seen as the moderate, even absent, voice on China in the "Five Eyes" western alliance, so much so that its commitment to the group was questioned just 12 months ago.

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ABC News

Augathella invites China's ambassador to see effects of trade ban on timber imports

The tiny town of Augathella in Queensland may be a world away from Beijing, but it has become collateral damage in China's ongoing trade dispute with Australia.

Motor1

New BMW 3 Series Teaser Promises Facelifted Sedan Is Coming Soon

Will it look any different than the i3 that already debuted in China?

Caixin Global

Parcel Deliveries Continue Dropping as Virus Restrictions Persist

Shanghai’s 90% plunge leads China slump as nationwide more than 1 billion fewer packages were distributed in April than in March

Benzinga

Giant Biogene IPO: A Collagen Queen, or Saggy-Skinned Stepsister?

Key Takeaways: Giant Biogene has filed for a Hong Kong IPO, thriving on growing popularity of skin care products from China’s growing middle class The company’s gross margin has improved steadily over the last three years on strong sales for more expensive professional skin-care products

The Hindu

A war that is shrinking India’s geopolitical options

The main worry now is about how to manage a China that is attempting to consolidate the region under its influence

Benzinga

Climate, Shlimate: China's Daily Coal Output Up 11% From Last Year

The Chinese government doesn’t appear to be overly concerned over the impact of coal pollution on the environment – in fact, the nation's daily coal output in April was up by 11% year-over-year following a directive from Beijing to ramp up production.

Benzinga

Here's Why JPMorgan Upgraded Alibaba, Other Chinese Stocks Months After Calling Them 'Uninvestable'

JP Morgan Chase & Co (NYSE:JPM) upgraded multiple Chinese internet companies, including Alibaba Group Holding Limited (NYSE: BABA) and Tencent Holding Ltd (OTC: TCEHY), to Overweight, Bloomberg reports. JPM also upgraded shares of Meituan (OTC: MPNGY), NetEase, Inc (NASDAQ: NTES), and Pinduoduo Inc (NASDAQ: PDD). "Significant uncertainties facing the sector should begin to abate on the back of recent regulatory announcements," the firm added. Also Read: Alibaba And…

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