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The Latest Breaking News from China

Saudi Arabia is China's Top Crude Supplier Again

Saudi Arabia regained the spot as China's top crude supplier in the first two months of 2022, having been leapfrogged by Russia in December, while Russianshipments dropped 9% as a cut in import quotas led independent refiners to scale back purchases. Arrivals of Saudi crude totaled 14.61 million tons in…

Asharq Al-Awsat

Sri Lanka in talks with China for $2.5 billion credit support -Chinese official

China is considering offering a $1.5 billion credit facility to Sri Lanka and a decision is expected soon, a top Chinese official said on Monday, as part of efforts to help the island nation amid its worst economic crisis in decades.

Reuters

Ukraine: Why China Is Not Yet Bailing Out Russia

China has been careful not to make enemies in Europe. Ukraine and much of the former Soviet Union are key components in the ongoing Belt-and-Road initiatives to build a massive international infrastructure of trade routes.

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China says it will offer 10 million yuan more of humanitarian aid to Ukraine

The Chinese Red Cross will offer an additional 10 million yuan ($1.57 million) of humanitarian assistance to Ukraine, Chinese foreign ministry spokesman Wang Wenbin told reporters on Monday.

Reuters

Shanghai Composite Index Rose 0.08% on Monday

Shenzhen Component Index closed up 0.41%

Caixin Global

US declares Myanmar army committed genocide against Rohingya

Antony Blinken says evidence shows military had ‘clear intent’ to commit genocide in Myanmar.

Al Jazeera

As global brands shun Russia, Asian firms sit out controversy

Different government policies and public perceptions fuel reluctance to follow Western-led corporate exodus, experts say

Al Jazeera

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Pressed to choose sides on Ukraine, China trade favors the West

U.S. President Joe Biden's warning of "consequences" for any aid China may give to Russia's Ukraine war effort aims to force Chinese President Xi Jinping to choose a longstanding lucrative trade relationship with the West over a growing strategic partnership with Moscow.

Reuters

China's Shenzhen city says lifts COVID curbs on offices, factories - CCTV

China's Shenzhen city said it would allow offices and factories to restart operations from Monday and that public transport would also resume, after residents in the city completed three rounds of COVID-19 testing, state broadcaster CCTV reported.

Reuters

Deltacron and Stealth Omicron differences explained as Covid infections in UK surge again

Two new Covid-19 variants are surging across the globe but what exactly are they? And should we be worried?

The Independent UK

Shanghai's Disney resort shut amid record daily local COVID infections

China's financial hub of Shanghai reported on Monday a record daily surge in local COVID-19 infections as authorities scrambled to test residents and rein in the Omicron variant, while closing its Disney resort until further notice.

Reuters

Hong Kong's COVID sports ban hits residents, young athletes

Competitive swimmer Jody Lee’s goal is to compete at the Paris Olympics in 2024, but with only two years left to qualify, Hong Kong’s months-long shutdown of swimming pools is making achieving his dream tougher.

Reuters

Biden turns to former Trump officials on China competition bill

By coordinating with Trump officials, the Biden team is trying to depoliticize and add urgency to the legislation.

Axios

Chinese ambassador says Beijing hasn’t provided Russia with military aid

US officials alleged in diplomatic cables that Beijing was willing to send military, economic aid

The Independent UK

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The Hindu

India’s stand on the Ukraine war is tragic

New Delhi cannot crawl for the goodwill of Russia but must at least condemn Moscow’s aggression and illegal invasion

Reuters

Biden administration rules Myanmar army committed genocide against Rohingya

The Biden administration has formally determined that violence committed against the Rohingya minority by Myanmar's military amounts to genocide and crimes against humanity, U.S. officials told Reuters, a move that advocates say should bolster efforts to hold the junta that now runs Myanmar accountable.

The New Daily

Alan Kohler: China is at a crossroads, which means Australia is too

It looks like Australia will finally have to confront the problem of trading with a repugnant dictatorship, unless China dumps its partnership with Russia.

Tribune News Service

China will work to de-escalate war in Ukraine, ambassador says

WASHINGTON — China’s top envoy to Washington pledged his country “will do everything” to de-escalate the war in Ukraine and said its relationship with Russia is “not part of the problem.”

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The Guardian - AU

Chinese article urging country to cut ties with Putin gets 1m views

Essay on US site republished in China before being censored, reflecting balancing act between Russia and west

The Guardian - UK

UK considering ban on NHS procurement of Chinese goods made in Xinjiang

Tory MPs want ministers to follow health bill amendment banning goods from regions with ‘risk of genocide’

Reuters

Shanghai Disney Resort to close from Monday as China battles COVID outbreak

The Shanghai Disney Resort said on Sunday it will temporarily close until further notice from Monday, citing the coronavirus pandemic in China.

The Independent UK

AP Exclusive: US admiral says China fully militarized isles

A top U.S. commander says China has fully militarized at least three of several islands it built in the disputed South China Sea and has armed them with anti-ship and anti-aircraft missile systems, laser and jamming equipment and fighter jets

The Independent UK

Ukraine war is backdrop in US push for hypersonic weapons

The U.S. Navy is rushing to field its first hypersonic weapon in a race with Russia and China to develop the new class of weapons

Axios

China is making new billionaires much faster than the U.S.

But American billionaires still control more money.

Asharq Al-Awsat

China Reports First COVID-19 Deaths in More than a Year

China's health authorities reported two COVID-19 deaths on Saturday, the first since January 2021, as the country battles its worst outbreak in two years driven by a surge in the highly transmissible omicron variant. The deaths, both in northeastern Jilin province, bring the country's coronavirus death toll to 4,638. Both…

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