China

SHANGHAI (Reuters) -Shares in China's three biggest telecoms companies fell as much as 5% in Hong Kong on Monday, the first trading session since the New York Stock Exchange (NYSE) said it would delist the firms in a move China branded unwise and oppressive.

Mainland China reported 33 new COVID-19 cases on Jan. 3, up from 24 cases a day earlier, the National Health Commission said on Monday.

Asian factory activity expanded moderately in December thanks to robust demand in regional giant China, business surveys showed on Monday, but the prospect of tougher coronavirus curbs clouded the outlook for the recovering sector.

Activity in China's factory sector rose in December as the world's second-largest economy sustained its recovery to pre-pandemic levels, a business survey showed on Monday, however, increasing cost pressures slowed the pace of expansion.

When Carlos Tavares takes the wheel of a combined PSA and Fiat Chrysler this year he will quickly need to revive the carmaker's fortunes in China, rationalise a sprawling global empire and address massive overcapacity.

SHANGHAI (Reuters) -China's relationship with the United States has reached a "new crossroads" and could get back on the right track following a period of "unprecedented difficulty", senior diplomat Wang Yi said in official comments published on Saturday.

Different efficacy results for a Chinese COVID-19 vaccine released separately in China and in United Arab Emirates are both real and valid, an executive at China National Biotec Group (CNBG) told state media.

China has rebuffed the latest offer of talks from Taiwan, saying the government was engaging in a "cheap trick" and provocation by seeking confrontation with China at every turn.

TAIPEI (Reuters) -Taiwan is ready to have "meaningful" talks with China as equals as long as they are willing to put aside confrontation, President Tsai Ing-wen said on Friday, offering another olive branch to Beijing in her New Year's speech.