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The Latest Breaking News from China

Africa faces hard knocks as rich countries take manufacturing back home

The global economic crisis triggered by the outbreak of the COVID pandemic in 2020 and Russia’s invasion of Ukraine in February this year has intensified the risk of declining trade integration between countries. A process referred to as the deglobalisation of trade.

The Conversation

Tesla China Announces Battery Design Challenge For Highly-Anticipated Cyberquad EV: What You Should Know

Tesla, Inc. (NASDAQ: TSLA) is providing renewable energy and tech enthusiasts in China an opportunity tor design batteries for a vehicle it announced way back in 2019 and is yet to see the light of the day.

Benzinga

Labor to announce Pacific plan to boost diplomatic relations in region

Following the controversy surrounding the signing of a security pact between Solomon Islands and China, Labor is set to announce a package of reforms to boost Australia's relationship with the Pacific.

ABC News

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Opinion: Will U.S. Rate Hikes Send Chinese Stocks and Bonds Tumbling?

It depends on whether the slowdown in Chinese economy can be reversed

Caixin Global

Bishop Auckland women prosecuted after haul of fake Nike Air Max trainers worth £188,000 seized

Joanne McKimm and Sarah Bell were getting deliveries of fake designer trainers from China and Hong Kong to Bishop Auckland

Chronicle Live

Editorial: Resumption of Work and Production Not Solely in the Hands of Enterprises

Governments at all levels should issue practical policies to coordinate the fight against Covid-19 and promote economic development

Caixin Global

India increased military expenditure by 0.9% in 2021; China by 4.7%: SIPRI report

“Amid ongoing tensions and border disputes with China and Pakistan that occasionally spill over into armed clashes, India has prioritised the modernisation of its armed forces and self-reliance in arms production,” it noted

The Hindu

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Graphic Chip Price Drop Raises Questions on Whether End of Shortage Is in Sight

A sharp drop in graphic chip prices could presage an unexpectedly quick ending to a global chip crunch that has crippled manufacturing from smartphones to cars, and the issue will be a central one for companies reporting results this week. As Intel, Qualcomm and others report, investors will weigh how…

Asharq Al-Awsat

China plans system to take out asteroids hurtling toward Earth

China plans to develop a system for monitoring asteroids that pose a threat to earth, highlighting the nation’s growing ambitions for its space program.

Bangkok Post

FTSE 100: Markets tumble across the globe on China and Germany fears

Markets tumbled across the globe today on fears China is heading for a sharp slowdown and the expectation that America is poised to ratchet up interest rates.

Evening Standard

Doyle McManus: Biden's escalating aid to Ukraine reflects a sea change in US foreign policy

When President Joe Biden took office last year, he had three top foreign policy priorities: to revive NATO and other alliances that President Donald Trump had savaged, to withdraw the last American troops from Afghanistan, and to compete more effectively with a newly assertive China.

Los Angeles Times

Tired of takeout? These 2026 Chinese cookbooks will help you master authentic flavours at home

From dumplings and dim sum to sweet and sour and spring rolls, these cookbooks have it all

Evening Standard

World’s military spending reaches unprecedented $2 trillion

Russia inflated its military budget in 2021, in run-up to Ukraine invasion, by 2.9%

The Independent UK

Stocks tumble as China lockdowns rattle investors

Stocks and commodities tumbled as China’s worsening Covid outbreak compounded fears sparked by faster Federal Reserve tightening.

Bangkok Post

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Asharq Al-Awsat

WTA Not Returning to China in 2022, Wants Resolution to Peng Case

The WTA is still working to find a resolution to the standoff with China over the Peng Shuai issue but will not return to the country this year, Tour chief Steve Simon said. Former doubles world number one Peng's wellbeing became a concern for the WTA after she posted a…

The Independent UK

Beijing districts placed under lockdown as cases mount

China's capital Beijing has begun mass testing and shutting down residential and business districts amid a new outbreak of COVID-19

Caixin Global

Shanghai Composite Index Fell 5.13% on Monday

Shenzhen Component Index closed down 6.08%

The Guardian - UK

Markets hit by China lockdown fears; UK manufacturing confidence slides amid supply crunch – as it happened

Fears over China’s economy are rising as Beijing district launches mass-testing, factory confidence drops and more British households are hit by rising costs

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Evening Standard

FTSE 100 Live: Musk nears Twitter deal, China lockdown fears hit shares, Brent crude price falls sharply

Heavy stock market selling continued today as fears intensified over the economic impact of China’s zero Covid policy.

Al Jazeera

‘Pearl lost its shine’: Shanghai expats eye exit over COVID rules

Outrage over draconian lockdowns is raising questions about city’s status as a global business hub.

Asharq Al-Awsat

Beijing Covid Spike Prompts Mass Testing, Panic Buying

Fears of a hard Covid lockdown sparked panic buying in Beijing on Monday, as long queues for compulsory mass testing formed in a large central district of the Chinese capital. China is already trying to contain a wave of infections in its largest city Shanghai, which has been almost entirely…

The Independent UK

Japan to send envoy to Solomons amid worry over China pact

Japan is sending a vice foreign minister to the Solomon Islands amid worry over a security agreement it struck with China that could increase Beijing’s military influence

The Times of India

Lockdown jitters hit Beijing as Shanghai Covid deaths climb

BEIJING: China’s coronavirus outbreak worsened as rising cases in Beijing sparked jitters about an unprecedented lockdown of the capital, with policy makers racing to avert a Shanghai-style crisis that’s already wrought havoc on the financial hub.

Reuters

Beijing shoppers throng stores as district starts mass testing

Beijing residents snapped up food and other supplies as the city's biggest district began mass COVID-19 testing of all residents on Monday, prompting fears of a Shanghai-style lockdown after dozens of cases in the capital in recent days.

The News Lens

Shanghai Covid Lockdown Threatens New Export Delays

Nearly a third of goods leaving the Port of Shanghai are held up due to a strict lockdown. The delays are set to exacerbate a supply chain crisis that has caused shortages and price rises across the world.

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