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The Latest Breaking News from China

Tesla Removes Unnecessary Steering Control Unit In China

Tesla has been more successful than other automakers in navigating the chip shortage. Here's just one way it's dealing with the situation. Is it a safety issue?

InsideEVs

ASML Warns Against China Affiliate

ASML Holding NV (NASDAQ:ASML) warned against an affiliate of a Chinese rival company, Bloomberg reports. ASML, which previously accused the affiliate of stealing its trade secrets, disclosed that it had begun marketing products that could infringe on its intellectual property rights. ASML has requested specific customers not to aid the associated firm Dongfang…

Benzinga

FDA may halt approval on cancer drugs developed in China

Drugs produced in China account for a significant share of the US market

The Independent UK

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Celebrate Your Right To Ignore (or Watch) the Olympics

Born in nationalism, the Olympic games are fading into a niche entertainment option.

Reason

EV Battery Usage More Than Doubled In China As It Overshadowed Europe, US Combined

China secured more than half of the world’s electric vehicle battery usage in 2021, maintaining its lead in the fast-growing market, data from South Korea research firm SNE Research showed.

Benzinga

Opinion: From Eileen Gu to Zhu Yi — Let’s Cheer On Our Naturalized Players

Despite social media criticism, China's naturalization strategy has proven effective, in both yielding Olympic gold and showing the true meaning of sports

Caixin Global

Analysis: China’s Holiday Spending Doesn’t Bode Well for 2022

A contraction in movie box office sales and tourism revenues during the Lunar New Year break suggests consumer demand hasn’t gotten the boost Beijing is hoping for

Caixin Global

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China’s Developers See Little Change in Fortune Over New Year Holiday

Volume of new home sales in 40 surveyed cities fell 40% over the weeklong period, despite recent easing of financing policies

Caixin Global

Blinken Lands in Australia Ahead of Indo-Pacific Meeting

Secretary of State Antony Blinken and key allies are “voting with their feet” by flying to Australia to focus on challenges in the Indo-Pacific region, Australia’s foreign minister said Wednesday, as fears rise of a Russian invasion of Ukraine on the other side of the globe. Blinken landed in the…

Asharq Al-Awsat

China’s role in American politics has shifted since 2008 Olympics in Beijing

WASHINGTON — The last time China hosted an Olympic Games, in 2008, the Asian powerhouse held a relatively minor role in American politics, mentioned during debates about outsourcing jobs and little else.

McClatchy Washington Bureau

BEIJING DIARY: Testing positive at the no-COVID Olympics

At the Beijing Olympics, the key to freedom is a number: 35

The Independent UK

Blinken in Australia for Quad talks as Ukraine tensions simmer

US’s top diplomat expected to discuss growing China-Russia ties at Quad meeting of foreign ministers in Melbourne.

Al Jazeera

Pakistan’s ‘good Taliban-bad Taliban’ strategy backfires, posing regional risks

For decades, Pakistan pursued a policy of supporting the Afghan Taliban while cracking down on the Pakistani Taliban, the Tehreek-i-Taliban (TTP). With the Taliban in power in Afghanistan, Islamabad may have won its “long game”. But its game of chicken may be backfiring with jihadists coming home to roost.

France 24

U.S. holds amphibious drills in Okinawa

The U.S. Navy and Marine Corps conducted a joint exercise, mobilizing about 10,000 personnel, at bases in Okinawa Prefecture and locations in the East China Sea from Feb. 3 through Feb. 7.

The Japan News/Yomiuri

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France 24

Ski's the limit: China's plan to build a winter sport culture

In China, all eyes are on the ongoing Winter Olympics. Although the Games have come under scrutiny for a number of reasons beyond sport, they are also the culmination of an impressive campaign to convert more than 300 million people into winter sport aficionados. Our correspondents report. We also speak…

The Japan News/Yomiuri

Japan, U.S. eyeing China

The Japanese and U.S. governments are deepening efforts to beef up their capability to jointly deal with contingencies, with China's military ambitions in mind.

The Hindu

Jaishankar heads for Quad meet with vaccines, tech, China on agenda

The MEA said four Foreign Ministers will “exchange views on regional strategic issues given their shared vision of a free, open and inclusive Indo-Pacific region.”

The Guardian - UK

Cost of living crisis hits household confidence; UK trade with Germany falls; FTSE 100 at two-year high – as it happened

Rolling coverage of the latest economic and financial news

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The Guardian - UK

Hanbok at Beijing Winter Olympics opening sparks South Korean anger

Appearance of traditional dress denounced as further attempt by China to appropriate Korean culture

Caixin Global

Shanghai Composite Index Rose 0.79% on Wednesday

Shenzhen Component Index closed up 1.55%

The Guardian - AU

Covid news: Sweden scraps almost all restrictions and testing despite pleas from scientists; Spain’s King Felipe tests positive – as it happened

Sweden scraps almost all of its few restrictions and stops most testing; Spain’s King Felipe tests positive after displaying mild symptoms

Reuters

Chinese funding of sub-Saharan African infrastructure dwarfs that of West, says think tank

China's development banks provided $23 billion in financing for infrastructure projects in sub-Saharan Africa from 2007 to 2020, more than double the amount lent by such banks in the United States, Germany, Japan and France combined, a new study showed.

Reuters

Australia says it is not looking to rename Taiwan's de facto embassy

Australia is not looking at renaming Taiwan's de facto embassy in the country and remains committed to its one-China policy, foreign minister Marise Payne said on Wednesday, amid strain in diplomatic ties with Beijing.

Reuters

Blinken to meet Pacific islands leaders balancing China and west

U.S. Secretary of State Antony Blinken travels to Fiji on Saturday to reassure Pacific island leaders that Washington and its allies are committed to providing security and COVID vaccines, as China steps up its aid and influence in the region.

The Independent UK

Australia, Lithuania unite against Chinese economic coercion

Australian and Lithuanian foreign ministers have called on like-minded countries to join forces against Chinese economic coercion

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