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☆ Elon Musk wins official praise for Tesla during surprise visit to China
▼ + stars: | 2024-04-29 | by ( Laura He | ) edition.cnn.com time to read: +5 min

Autopilot is available in China, but not the full FSD feature, which needs to comply with the country’s data security rules. “The economies of China and the United States are deeply integrated,” he said, according to an official readout of the meeting with the Tesla CEO. “Tesla is willing to further deepen cooperation with China and achieve more win-win results,” Musk told Li. Musk first met Li in 2018, when Tesla signed a deal with the Shanghai government to open a plant there. Since then, Musk has met with Li publicly at least five times, according to state media reports and government statements.

Persons: Hong Kong CNN — Elon Musk, Premier Li Qiang, Tesla, Musk, ”, Dan Ives, that’s, Ives, Antony Blinken, Xi Jinping, Li, China’s BYD, “, ” Musk, Tesla’s, Ren Hongbin, Li Qiang Organizations: Hong Kong CNN, Premier, China Association of Auto Manufacturers, Baidu, Bloomberg, CNN, Beijing Auto, EV, Wedbush Securities, China Council, Promotion of International Trade Locations: China, Hong Kong, Beijing, United States, Shanghai, Weibo

[1/6] Chinese Premier Li Qiang speaks at the opening ceremony of the first China International Supply Chain Expo (CISCE) in Beijing, China November 28, 2023. "We are willing to build closer production and industrial supply chain partnerships with all countries," Li told the first China International Supply Chain Expo (CISCE), adding that the international community needs to be "more wary of the challenges and risks brought about by protectionism and uncontrolled globalisation." The expo, organised by the state-run China Council for the Promotion of International Trade (CCPIT), is Beijing's latest bid to increase foreign investment in China, which has dropped to historic lows. Despite this decrease, China remains an attractive option: a survey conducted by HSBC bank at the China International Import Expo (CIIE) earlier this month showed 45% of firms expect to expand their supply chain in China over the next year. Zhang Shaogang, a CCPIT official who was part of the Chinese delegation at the APEC summit, said last week that 20% of the foreign firms exhibiting at the supply chain expo were U.S.-based, and included Amazon (AMZN.O), Apple (AAPL.O), Tesla (TSLA.O), and Intel (INTC.O).

Persons: Li Qiang, Florence Lo, Premier Li Qiang, Li, Dan Marks, Xi Jinping, Joe Biden, Zhang Shaogang, Zhang, Eduardo Baptista, Joe Cash, Jamie Freed, Miral Organizations: China International, Chain, REUTERS, Premier, European Union, China Council, Promotion of International Trade, HSBC, China, Royal United Services, Economic Cooperation, APEC, Apple, Intel, Thomson Locations: Beijing, China, EU, BEIJING, United States, Ukraine, Taiwan, India, Mexico, Vietnam, U.S, Asia

☆ China says against supply chain decoupling, wants closer ties with all
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +2 min

[1/6] Chinese Premier Li Qiang speaks at the opening ceremony of the first China International Supply Chain Expo (CISCE) in Beijing, China November 28, 2023. REUTERS/Florence Lo Acquire Licensing RightsBEIJING, Nov 28 (Reuters) - China opposes the cutting of supply chains and is willing to build closer ties with all, Premier Li Qiang said on Tuesday, as a growing number of countries voice concerns at the dependence of their supply chains on China. Speaking at China's first ever China International Supply Chain Expo (CISCE), Li said that China will continue to create an international and rule of law-based business environment. The expo, organised by the state-run China Council for the Promotion of International Trade, is Beijing's latest bid to increase foreign investment in China, which has dropped to historic lows. Reporting by Eduardo Baptista and Joe Cash; Editing by Jamie Freed and Miral FahmyOur Standards: The Thomson Reuters Trust Principles.

Persons: Li Qiang, Florence Lo, Li, Eduardo Baptista, Joe Cash, Jamie Freed, Miral Organizations: China International, Chain, REUTERS, Rights, China, China Council, Promotion of International Trade, European Union, Thomson Locations: Beijing, China, Rights BEIJING, United States, Ukraine, Taiwan, India, Mexico, Vietnam

☆ China Says Against Supply Chain Decoupling, Wants Closer Ties With All
▼ + stars: | 2023-11-27 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +1 min

BEIJING (Reuters) - China opposes the cutting of supply chains and is willing to build closer ties with all, Premier Li Qiang said on Tuesday, as a growing number of countries voice concerns at the dependence of their supply chains on China. Speaking at China's first ever China International Supply Chain Expo (CISCE), Li said that China will continue to create an international and rule of law-based business environment. The expo, organised by the state-run China Council for the Promotion of International Trade, is Beijing's latest bid to increase foreign investment in China, which has dropped to historic lows. Li's speech comes amid calls over the past year from the United States and the European Union to "de-risk" their supply chains and reduce overdependence on China in certain sectors, as well as efforts to cut off Chinese enterprises from some advanced semiconductors. (Reporting by Eduardo Baptista and Joe Cash; Editing by Jamie Freed and Miral Fahmy)

Persons: Li Qiang, Li, Eduardo Baptista, Joe Cash, Jamie Freed, Miral Organizations: China, Chain, China Council, Promotion of International Trade, European Union Locations: BEIJING, China, United States, Ukraine, Taiwan, India, Mexico, Vietnam

☆ China trade council asks U.S. to "carefully consider" tech investment ban
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +1 min

The flags of the United States and China fly from a lamppost in the Chinatown neighborhood of Boston, Massachusetts, U.S., November 1, 2021. REUTERS/Brian Snyder/File photo Acquire Licensing RightsSINGAPORE, Sept 29 (Reuters) - China's international trade council has formally asked the United States to "carefully consider" rules that ban or restrict U.S. investments in China's tech sector, state television reported on Friday. "That not only gives rise to transaction risks and compliance cost...but also damages the highly inter-dependent global industrial chain," the chamber added. Biden's order was aimed at protecting national security and preventing U.S. capital from aiding China's military. Reporting by Chen Aizhu; editing by Miral FahmyOur Standards: The Thomson Reuters Trust Principles.

Persons: Brian Snyder, Joe Biden, ，, Chen Aizhu, Miral Organizations: REUTERS, Rights, China Council, Promotion of International Trade, Ministry of Commerce, Thomson Locations: United States, China, Chinatown, Boston , Massachusetts, U.S, Rights SINGAPORE

Both are owned by Beijing-based parent company ByteDance, but Douyin launched before TikTok and became a viral sensation in China. Like TikTok, it’s a short-form video app. Then in 2017, the privately-owned tech company bought a US-based video startup and released TikTok as the overseas version of Douyin. The download page for the TikTok app displayed on an Apple iPhone. Besides TikTok, there’s also shopping app Temu, fast fashion retailer Shein and video editing app CapCut, which is also owned by ByteDance.

☆ Nepal seeks easier trade access to Chinese markets
▼ + stars: | 2023-03-14 | by ( Gopal Sharma | ) www.reuters.com time to read: +2 min

Beijing accounts for 14% of Nepal's international trade while India holds nearly two-thirds of it, trade officials said. Beijing will also help Nepal construct a trans-Himalayan railway network linking Kathmandu with the Tibet region of China. He had requested China to give access to "some 512 tradable Nepali products" to the country's duty-free and quota-free market, he said. "Trade is the engine of growth and our future prosperity lies in our capacity to produce and trade more," Dahal added. China allows duty and quota free entry to 8,030 items from least-developed countries including Nepal, officials said.

Several businesses specializing in selling lingerie through livestreaming have had their sessions cut short after they featured a female model and their brush with internet censorship came to light in January. A man poses in a white dress and robe set posted on Chinese video-sharing platform Douyin on December 17, 2022. The emergence of male lingerie models has caused mixed views online in China, from merriment and annoyance to reluctant acceptance. Male models are not the only workaround. Even outside of China, platforms such as Facebook and Instagram have faced criticism for restricting the sharing of images involving partial nudity, especially of women.

☆ New Zealand's Ardern hopes to lead trade mission to China once border controls allow
▼ + stars: | 2022-12-09 | by ( Lucy Craymer | ) www.reuters.com time to read: +2 min

WELLINGTON, Dec 9 (Reuters) - New Zealand Prime Minister Jacinda Ardern said on Friday she hoped to lead a trade mission to China once border settings are changed to allow travel to her country's biggest trading partner as it emerges from the pandemic. Ardern said New Zealand's trade and economic links with China have proven resilient, despite the challenges of COVID. Delivering a speech marking 50th anniversary of diplomatic relations between the two countries, Ardern said New Zealand's relationship with China was important but complex and evolving. Ardern said "we continue to recognise that there are areas where China and New Zealand do not agree, where our interests or world view differ." While Australia's relationship with China has deteriorated, New Zealand and China's interactions have remained largely cordial.

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