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☆ Labor Day isn’t the holiday it once was for China’s workers
▼ + stars: | 2024-04-30 | by ( Chris Lau | Hassan Tayir | ) edition.cnn.com time to read: +7 min

Hong Kong CNN —Like hundreds of millions of workers in China, Hao Zeyu, an algorithm engineer at an electric vehicle maker, is getting five days off this week for the Labor Day holiday. So, why has a decades-old policy caused so much upset in a country whose Communist Party leadership pays annual homage to International Workers’ Day? Trending topicIn recent weeks, complaints about this year’s Labor Day leave arrangements have exploded on Chinese social media. Tourists visit the Qiansimen Jialing River Bridge during the May Day holiday on May 1, 2023 in Chongqing, China. Labor Day isn’t the only holiday to get the adjusted rest policy.

Persons: Hao Zeyu, Hao, “, ” Hao, ”, Yao, Max Teng, it’s, Yaer Tuerdi, Pang Dong Lai, Yu Donglai, Yu, Teng Organizations: Hong Kong CNN, Labor, CNN, Communist Party, International Workers, Workers, Weibo, Tourists, China News Service, University of Wellington, “ Workers Locations: China, Hong Kong, Chongqing, United States, United Kingdom, Kentucky, Henan

☆ Ladakh: Herders on the front line of India-China border dispute say they’re losing grazing land – and a way of life
▼ + stars: | 2024-04-16 | by ( Simone Mccarthy | Aishwarya S Iyer | ) edition.cnn.com time to read: +16 min

For years, Lopzang Dadul herded his yaks, sheep and goats across the vast, vertiginous landscape near India’s contested border with China, following the seasons to find grazing land. All these areas are winter grazing areas of Chushul village. He says 60 of the 113 households in his village used to be nomadic; now only 10 are maintaining the tradition due to those factors and lost grazing lands. New Delhi says two sites remain contested along the Ladakh border after disengagement at other contested zones following the 2020 clash. Reduced patrolling led to an ultimate loss of control over such areas, where China grabs land “inch-by-inch,” the report said.

Persons: Lopzang Dadul, Dadul, ”, Mohd Arhaan Archer, Sushant Singh, Aksai Chin, Manoj Joshi, Singh, Rezeng, Stanzin, Phobrang, Sonam Dorje China, Sonam Wangchuk, Wangchuk, Sonam Dorje, India’s, won’t, “, Phunchok Stanzin, Namgail Phonchok, ” Phonchok, Narendra Modi –, Joshi, ‘, ’, China’s People’s, Modi’s, – Organizations: CNN, “, Getty, Policy Research, Observer Research Foundation, Gurung, Army, ” CNN, India’s Ministry of Defense, Mutual, Equal, China’s Defense Ministry, Protesters, Foreign Ministry, Bharatiya Janata Party, BJP, ‘, LAC, ”, Observers, ’ New, China’s People’s Liberation Army, PLA, Indian Army, Hindustan Times, Indian, Centre for Policy Research, Yale University Locations: China, Ladakh, India’s, India, Phobrang, AFP, Delhi, Ladakh’s Chushul, Chushul, Ladakh –, Leh, Jammu, Kashmir, Pakistan, New Delhi, Leh’s, Friends, Galwan, ” Beijing, Waseem

☆ China is sending its highest-level delegation to North Korea since 2019 to kick off a ‘friendship year’
▼ + stars: | 2024-04-10 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +7 min

The three-day visit, at North Korea’s invitation, shows the “great importance” China attaches to those relations, a Chinese Foreign Ministry spokesperson said. The delegation will also arrive amid heightened global concern about North Korea, which has in recent months ramped up its bellicose rhetoric and continued its weapons testing. The trip could also be an important opportunity for the upper echelons of China’s political establishment to better understand the circumstances in North Korea today. Balance of powerChina has long walked a thin line in its relations with North Korea. It is a critical economic lifeline for a North Korea crippled by international sanctions over its illegal weapons testing.

Persons: Zhao Leji, ”, KCNA, Zhao, Xi Jinping, China’s, Joe Biden, Fumio Kishida, Kishida, Li Qiang, Liu Dongshu, …, ” Liu, Kim, Li Mingjiang, Vladimir Putin, Yun Sun Organizations: Hong Kong CNN — China’s, Beijing, Foreign Ministry, Japanese, CNN, Communist, North Korea –, Hong Kong’s City University, North, Singapore’s Nanyang Technological University, “, United Nations Security, Stimson Locations: China, Hong Kong, North Korea, Pyongyang, Beijing, Moscow, United States, North, Japan, South Korea, Ukraine, Asia, Washington, Philippines, Russia, North Korean, Covid, Pacific, American

☆ What Chinese Outrage Over ‘3 Body Problem’ Says About China
▼ + stars: | 2024-04-08 | by ( Li Yuan | ) www.nytimes.com time to read: +1 min

The first five minutes of the Netflix series “3 Body Problem” were hard to watch. I tried not to shut my eyes at the coldblooded beating of a physics professor at the height of the Cultural Revolution in 1967. By the end of it, he was dead, with blood and gruesome wounds all over his head and body. I also felt compelled to watch it because of how the series, a Netflix adaptation of China’s most celebrated works of science fiction, has been received in China. China doesn’t have many such hugely successful cultural exports.

Persons: China’s, Barack Obama Organizations: Netflix Locations: China

☆ Yellen returns to China to tackle economic challenges bedeviling ties with US
▼ + stars: | 2024-04-04 | by ( Laura He | ) edition.cnn.com time to read: +6 min

Hong Kong CNN —Janet Yellen has kicked off her second visit to China as US treasury secretary to continue efforts to further stabilize ties between the world’s two largest economies. “During prior meetings with her Chinese interlocutors, Yellen has largely avoided taking a strong stance on controversial issues,” he said. Trade tensionsBiden administration officials have suggested raising tariffs on Chinese imports to “level” the playing field for trade. Former President Donald Trump has threatened to slap 60% tariffs on imports from China if he is re-elected. The “forces” are often referred to as emerging industries such as EVs, new materials and artificial intelligence.

Persons: Hong Kong CNN — Janet Yellen, Yellen, “, ’ Yellen, Joe Biden, Xi Jinping, Li Qiang, Lifeng, Liu He, Pan Gongsheng, Lan Fo’an, Craig Singleton, ”, Biden, Xi’s, Donald Trump, Rick Waters, ’, Xi, Waters, don’t, ” Singleton Organizations: Hong Kong CNN, People’s Bank of China, Finance, Foundation for Defense of Democracies, Bali . Trade, Biden, Trump, Treasury Department Locations: China, Hong Kong, Georgia, United States, California, Guangzhou, Beijing, Washington, Bali ., Eurasia

☆ Messi’s ‘miracle’ return stirs Chinese anger and conspiracy theories
▼ + stars: | 2024-02-08 | by ( Simone Mccarthy | Chris Lau | ) edition.cnn.com time to read: +10 min

“(He) played in five of the six preseason games and only missed the game in Hong Kong, China! Don’t come to China, China doesn’t welcome you,” another user wrote in a post liked by 20,000 others. “Why didn’t Messi play in Hong Kong or participate in the handshake with HK (the Hong Kong) chief executive? Messi's no-show sparks an outcry in Hong Kong on February 4, 2024. One social media user noted that it was not only Messi who played in Tokyo, but not Hong Kong.

Persons: Lionel Messi, Messi didn’t, Messi, “ Messi, Hong Kong, Kenneth Fok, Hu Xijin, didn’t Messi, ” Hu, ”, Louise Delmotte, “ Don’t, Hong, David Beckham, Beckham, Gerardo “ Tata ” Martino, Luis Suárez couldn’t, Philip Fong, “, nimbly, Regina Ip, ” “ Messi, Kenneth Chan, Taylor Swift, ’ Organizations: Hong Kong CNN, Sunday, Major League Soccer, Inter Miami, Vissel, Hong, CNN, Weibo, HK, Global Times, Inter, National Basketball Association, Houston Rockets, Soccer, Ardent, Messi, Argentina national, Australia, Inter Miami's, Getty, The Inter Miami, Hong Kong Baptist University Locations: China, Hong Kong, Argentine, Japan, Vissel Kobe, Tokyo, Beijing, State, China’s Sichuan, Argentina, AFP, Asia

☆ US sends top Treasury officials to China to discuss economy
▼ + stars: | 2024-02-05 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —A team of five US Treasury Department officials is traveling to Beijing this week for a series of meetings on the economy with their counterparts in China, a Treasury official told CNN on Monday. The trip by senior officials comes ahead of a planned return to China by Treasury secretary Janet Yellen later in 2024. Specifically, the Treasury delegation plans to raise China’s use of non-market economic practices and industrial overcapacity, the official said. The visit marks the first time that the economic working group is meeting in Beijing since it was launched last September after Treasury Secretary Janet Yellen’s trip to China. However, there is nothing to suggest the latest US-China meeting is in direct response to the renewed concerns about China’s economy and financial markets.

Persons: New York CNN —, Janet Yellen, Jay Shambaugh, Donald Trump, Yellen, Janet Yellen’s, ” Yellen, “, Jerome Powell, ”, Powell, ” Powell Organizations: New, New York CNN, US Treasury Department, Treasury, CNN, Shanghai, Weibo, The New York Times, China Business Council’s, Federal, United Locations: New York, Beijing, China, Treasury’s, Washington, Hong Kong, Evergrande, United States

WASHINGTON (AP) — Chinese middlemen launder the proceeds of North Korean hackers’ cyber heists while Chinese ships deliver sanctioned North Korean goods to Chinese ports. China views North Korea as a buffer against the U.S., which maintains a significant troop presence in South Korea. The U.S. has accused North Korea of supplying artillery shells and rockets to Russia, while new evidence shows Hamas fighters likely fired North Korean weapons during their Oct. 7 assault on Israel. “China violates North Korea sanctions it voted for and says won’t work because it’s afraid they’ll work. Such “over-the-counter” brokers allow North Korean hackers to bypass know-your-customer rules governing banks and other financial exchanges.

Persons: “, ” Aaron Arnold, Kim Jong Un, ”, Joshua Stanton, cryptocurrency, Anthony Ruggiero, couldn’t, hadn’t, Eric Penton, Dake Kang Organizations: WASHINGTON, North, Associated, United Nations, Royal United Services Institute, U.S, . Security, North Korean, Kremlin, AP, Treasury, government’s Ministry of Commerce, U.N, Associated Press, Carnegie Corporation of New, Outrider Foundation, Investigative@ap.org Locations: Beijing, Korea, North Korea, China, Pyongyang, South Korea, Ukraine, The U.S, Russia, Israel, North, U.S, Carnegie Corporation of New York

Shadi Tabatibi/Reuters Relatives mourn for a family killed in an Israeli airstrike in Gaza City on October 21. Alexi J. Rosenfeld/Getty Images Europe/Getty Images Palestinians inspect a destroyed area following an Israeli airstrike in Gaza on October 21. Ronen Zvulun/Reuters A woman mourns over a dead man at the Al-Aqsa Martyrs Hospital in Gaza City on October 18. Fatima Shbair/AP People react at the site of an Israeli airstrike in Al-Shati refugee camp in Gaza City on Saturday, October 14. Ramez Mahmoud/AP A plume of smoke rises in the sky over Gaza City during an Israeli airstrike on October 9.

Persons: Joe Biden’s, Zhai Jun, Beijing’s, Zhai, ”, Sanam Vakil, ” Jonathan Fulton, Said Khatub, Leon Neal, Hatem Moussa, Nir Oz, Wolfgang Schwan, Yousef Masoud, Alexi J . Rosenfeld, Shadi Tabatibi, Ali Jadallah, Belal al Sabbagh, Mohammed Saber, Khan, Rizek Abdeljawad, Ahmad Gharabli, Janis Laizans, Abed Khaled, Mohammed Dahman, Yoav Gallant, Gallant, Yasser Qudih, Ofir Libstein, Aza, Ronen Zvulun, Belal Khaled, Abed Rahim Khatib, Hod, Ayal Margolin, Antony Blinken, Joe Biden, Benjamin Netanyahu, Brendan Smialowski, Biden, Netanyahu, Kenny Holston, Ariel Schalit, Mohammed Abed, Kfar Aza, Ilia Yefimovich, Mustafa Hassona, Mahmoud Khaled, Samar Abu, Fatima Shbair, Dor Reder, Violeta Santos Moura, Shir Torem, Wahaj Bani Moufleh, Antonio Macías, Macías, Francisco Seco, Eli Albag, Liri, Mohammed Talatene, Sergey Ponomarev, Hatem Ali, Dor Kedmi, Mahmud Hams, Saher, Abraham Cohen, Valentin Ghnassia, Ghnassia, Yuri Cortez, Ibrahim Hams, Bashar Taleb, Baz Ratner, Jack Guez, Yahya Hassouna, Mapal Adam, Abed Zagout, Tamir Kalifa, Agha, Ibraheem Abu Mustafa, Reuters Itzik, Miriam Shafir, Dor Shafir, Savion Kiper, Maya Alleruzzo, Mohammed Salem, CNN Sergey Ponomarev, Eden Guez, Atef Safadi, Ohad, Mohammed Soboh, Said, Noam Elimeleh Rothenberg, Amir Cohen, Ilai Bar Sade, Erik Marmor, Oren Ziv, Majdi, Ramez Mahmoud, Roi Levy, Alleruzzo, Tali Touito, Jalaa Marey, Oded, Khan Younis, Ahmad Hasballah, Mohammed Fayq Abu Mostafa, Tsafrir, Ilan Rosenberg, Eyad Baba, Itai Ron, Hadas Parush, Xi Jinping, ” Vladimir Putin, Putin, ” Zhai, Mikhail Bogdanov, Putin’s, Israel –, Israel, “, Li Mingjiang, Li, China’s, Mao Zedong, Fulton, Zhao Tong, Vakil, China doesn’t Organizations: Hong Kong CNN, United, Palestine, Chatham House, Atlantic Council, Getty, Pictures, Tel Aviv University, AP, New York Times, Reuters, Reuters Civil, AP Rockets, AP Israel's, Regional, Al, Aqsa Martyrs Hospital, Israel's, Ahli Baptist Hospital, Israel Defense Forces, Israeli, Ben Gurion International, Shifa, Palestinian, West Bank, Aris Messinis, Haim, Mount, Mount Herzl Military, Nova, Anadolu Agency, CNN, Nova Festival, Ben Gurion, Rockets, United Nations, Reuters Police, Reuters Rockets, Biden, US, UN, Singapore’s Nanyang Technological University ., Israel, Carnegie Endowment, International Locations: China, Hong Kong, United States, Israel, Beijing, Palestinian, Qatar, Egypt, Gaza, peacemaking, East, North Africa, Abu Dhabi, Rafah, AFP, Tel Aviv, Deir al, Anadolu, Khan Younis, Europe, Zahra City, Gaza City, Xinhua, East Jerusalem, Ras, Israel's, Yehuda, Aqsa, Hod HaSharon, Kiryat Shmona, Al, Ahli, Sderot, Gan, Kfar, North Sinai, Samar, Samar Abu Elouf, Beit Kama, Haifa, Cyprus, Nablus, West, Lebanon, Kfar Saba, Israeli, Be'eri, Rehovot, Mount Herzl, Jerusalem, Kibbutz Be'eri, Modiin Maccabim, Kfar Aza, Ashkelon, Mount Herzel, Yassin, Beitar Ilit, Ramat Gan, Itai, Beit Hanun, Rishon Lezion, Ukraine, Russia, Chatham, Iran, Africa, Moscow, Washington, Xinjiang, Leningrad, Communist China, United Nations, Palestine, Beijing –, Saudi Arabia, Lebanese, Tehran

☆ From Russia to the Middle East: Why China can’t afford another big conflict
▼ + stars: | 2023-10-19 | by ( Laura He | ) edition.cnn.com time to read: +8 min

Now, as Israel’s war against Palestinian militant group Hamas threatens to spiral into a broader conflict that could shatter stability in the Middle East, China has called for a ceasefire while criticizing Israel’s actions. It also highlights China’s deep economic interests in both Russia and the Middle East, which it wants to safeguard at all cost. The world’s second largest economy depends on Russia and the Middle East for much of its energy needs. The Middle East is also a cornerstone in the Belt and Road Initiative. “Regional conflagration means long instability and long instability means no business for China in the Middle East,” he added.

Persons: ”, Eswar Prasad, refiners, Vladimir Putin, Xi, Sergei Guneyev, Russia’s, Putin, Russia —, Wang Yi, Jean, Loup Samaan, Joe Biden, QatarEnergy, Ahmed Aboudouh, Antony Blinken, Blinken, “ Organizations: Hong Kong CNN —, Moscow, Palestinian, Cornell University, Getty, Initiative, Shanghai’s Fudan University, United, China’s, Middle East Institute of, National University of Singapore, Wednesday, Jihad, Energy, China Petroleum & Chemical Co, Sinopec, Fudan University, Chatham House, US Department of State Locations: China, Hong Kong, Hong Kong CNN — Beijing, Ukraine, East, Palestine, Israel, United States, Russia, Beijing, Moscow, Saudi Arabia, Russian, AFP, Pakistan, Iran, Hamas, Tehran, Gaza, Qatar, China’s, Qatari, London, “, Persian, ”

☆ Belt and Road Forum: Beijing to host global gathering as Xi Jinping lays out China's vision
▼ + stars: | 2023-10-15 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +10 min

Russia’s Vladimir Putin, whose on-going assault on Ukraine is another major point of global instability and division, is expected to attend. The last time he was in Beijing was for the Winter Olympics opening ceremony in early 2022. Winning backing for China’s global leadership from a broad swath of developing and emerging economies is key to Xi’s strategy to push back against perceived international threats, analysts say. Overseas development finance from China’s two major development banks has also decreased significantly since a peak in 2016, the report’s data show. Ten years on, Chinese decision makers are becoming “more selective and more calculating” about the benefits of their financing, she said.

Persons: Xi Jinping, laud China’s, –, weren’t, Russia’s Vladimir Putin, ”, Craig Singleton, “, Kenya . Han Xu, Li Mingjiang, ” Jonathan Fulton, Luiz Inacio Lula da Silva, Cyril Ramaphosa, Narendra Modi, Sergei Lavrov, Alet Pretorius, ” It’s, Liang, Yun Sun Organizations: CNN, Global, Initiative, Foundation for Defense, Democracies, Getty, Communist Party, Hamas, Singapore’s Nanyang Technological University, Officials, Atlantic Council, Indian, Russia's, Boston University Global Development, Center, World Bank, Overseas, China’s National, Reform, China Program, Stimson Locations: China, Beijing, United States, Israel, Gaza, Ukraine, Ukraine’s, Washington, Kenya ., Xinhua, Russia, Moscow, China’s, Abu Dhabi, Fulton, Johannesburg, New Delhi, saddling

TAIPEI, Taiwan (AP) — Russian President Vladimir Putin is expected to meet this week with Chinese leaders in Beijing on a visit that underscores China’s economic and diplomatic support for Moscow during its war in Ukraine. China has sought to balance its ties with Israel with its economic relations with Iran and Syria, which are strongly backed by Russia. Putin’s visit is also a show of support for Chinese leader Xi Jinping’s signature Belt and Road drive to build infrastructure and expand China’s overseas influence. “I don’t expect that Russia and China will create a military alliance,” Gabuev said. China and the former Soviet Union were Cold War rivals for influence among left-leaning states, but have since partnered in the economic, military and diplomatic spheres.

Persons: Vladimir Putin, Putin’s, Xi, Putin, ”, ” Putin, ” Alexander Gabuev, that’s, ” Gabuev, “, Beijing's, hasn't Organizations: Moscow, Soviet Union, Carnegie Russia Eurasia Center, Ukraine, Associated Press, International Locations: TAIPEI, Taiwan, Beijing, Ukraine, United States, Israel, China, Iran, Syria, Russia, Russian, Zambia, Sri Lanka, Moscow, Central Asia, “, Asia, Europe, Cold

☆ China wants to be a peace broker in the Middle East. How has it responded to the Israel-Gaza war?
▼ + stars: | 2023-10-11 | by ( Nectar Gan | ) edition.cnn.com time to read: +10 min

Experts say this initial response may expose Beijing’s limited influence in the region, despite official propaganda talking up China as the world’s new peacemaker. Yuval Waks, a senior official at the Israeli Embassy in Beijing, said his country expected a “stronger condemnation” of Hamas from China. State media coverageDespite its claims of neutrality, coverage of the conflict on China’s state-run television appears more slanted. Chinese state media were also quick to blame the US for the conflict now raging in the heart of the Middle East. “China looks at Israel as an opportunity to get points with the broader Arab world and the rest of the developing world.

Persons: Mahmoud Abbas, Xi Jinping, Jonathan Fulton, they’re, Yuval Waks, ” Waks, Chuck Schumer, Xi, “, ” Schumer, Mao Ning, ”, Zhang Jun, Beijing’s, Phil Cunningham, Israel –, Abbas, –, Israel, ” Fulton, Fulton, Benjamin Netanyahu Organizations: CNN, Hamas, Atlantic Council, China’s, Embassy, Reuters, US, Foreign, United Nation, European Union, Global Times, Communist, USS Ford, US Air Force, UN Security Council, Palestinian, Palestinian Authority, West Bank, ”, Israel, Washington, Israeli Locations: China, Beijing, Israel, Iran, Saudi Arabia, Gaza, Palestinian, Palestine, Abu Dhabi, United States, Europe, Asia, Africa, Latin America, State, ”, Russia, Hamas, Ukraine, Xinjiang, Fulton, Haifa, Iraq, Oman –

☆ America’s new China curbs eschew scale for smarts
▼ + stars: | 2023-08-10 | by ( Ben Winck | ) www.reuters.com time to read: +4 min

The White House on Wednesday took the wraps off its proposal for screening investments U.S.-based funds make abroad, giving President Joe Biden a new tool for “de-risking” from China. But while the government’s inbound-investment reviews have often proven onerous, the pitch for outbound screening should placate investors and even diplomats. If recipients boast close ties to Chinese military or intelligence capabilities, the department could then block the transaction. Follow @BenWinck on TwitterCONTEXT NEWSU.S. President Joe Biden on Aug. 9 issued an executive order that tasks the Treasury Department with forming an outbound investment screening program. In response to the executive order the Treasury Department issued an Advanced Notice of Proposed Rulemaking seeking comment on the program.

Persons: Joe Biden, Jonathan Ernst, Janet Yellen’s, Antony Currie, Katrina Hamlin Organizations: Auburn Manufacturing, REUTERS, Reuters, Washington, Wednesday, Biden, Regulators, Treasury, Department, Treasury Department, Thomson Locations: U.S, Auburn , Maine, WASHINGTON, China, Washington

Officials announcing the step repeatedly emphasized their goal was to limit US capital from aiding China’s military – not to damage China’s economy. “This is a national security action, not an economic one. US national security adviser Jake Sullivan described the measures as “tailored” in April. Since then, officials have worked to finalize the new investment rules, including narrowing them to focus squarely on national security technology. Still, Biden and his team have encouraged other countries to take similar steps to “de-risk” national security supply chains from China.

Persons: Joe Biden’s, “, Janet Yellen, Gina Raimondo, Jake Sullivan, ”, Biden, don’t, Nikki Haley, Xi Jinping, Still, Xi Organizations: CNN, Officials, US, American, ”, technology, Republicans, South, Republican Locations: China, Beijing, Yellen, United States, Washington, South Carolina, Europe

On Douban, a popular Chinese movie review site, the movie is currently scored 8.6 out of 10, with nearly half of all viewers giving it full marks. Another top comment compared “Barbie” to another recent Chinese release, “Lost in the Stars,” which had previously received criticism for its portrayal of gender stereotypes. “There isn’t any new thinking about feminism, the movie is just an expression of old thoughts,” one person wrote on Douban. By Monday, cinemas had increased the number of screenings allocated to “Barbie” to make up 8.7% of all movie screenings, according to Maoyan. The film’s success is all the more notable given mounting challenges for US films to break into the Chinese movie market – the world’s second biggest, briefly holding the top spot during the Covid pandemic.

Persons: Barbie ”, “ Barbie ”, Greta Gerwig, Bird, don’t, ”, “ Barbie, China’s, Greg Baker Organizations: Hong Kong CNN, Twitter, Weibo, Publishing, Warner Bros, Warner Bros ., Getty, Hollywood Locations: Hong Kong, China, United States, Shanghai, Beijing, AFP

☆ John Kerry steps into searing China heat as world’s two biggest polluters try to fix fractured ties
▼ + stars: | 2023-07-15 | by ( Nectar Gan | ) edition.cnn.com time to read: +10 min

China Energy Investment Corporation, the world’s largest generator of coal-fired power, said its production of electricity reached a historic high on Monday. Kerry, 79, has traveled to China twice since being appointed as US President Joe Biden’s special climate envoy. Li, the Greenpeace analyst, said he would be closely watching who will meet with Kerry in Beijing. That would require the country to phase out coal power, which accounts for about 60% of its total electricity generation. “The expansion of coal is a grave challenge for China’s climate policy,” Li said.

Persons: John Kerry, ”, Li Shuo, Nancy Pelosi’s, ” Li, Andy Wong, Kerry, Biden, Antony Blinken, Xi Jinping, Janet Yellen, China’s Premier Li Qiang, Blinken, Wang Yi, Alex Wang, Joe Biden’s, Xie Zhenhua, Arnd Wiegmann, Li, Xie Jianhua, Ding Xuexiang, Xi, Obama, Xie, ” Kerry, “ I’m, Stringer, Wang, “ It’s, “, ” Wang Organizations: Hong Kong CNN, Greenpeace, Washington, US, Taiwan —, China Energy Investment Corporation, China’s Premier, University of California, US State Department, China’s Ministry of Ecology, Economic, Blinken, Kerry, CNN, COP28, UCLA, Global Energy Monitor Locations: Hong Kong, Beijing, United States, China, Greenpeace China, Taiwan, Jakarta, “, Los Angeles, Kerry, Shanghai, Tianjin, People’s Republic of China, Davos, Switzerland, Washington, Paris, China Glasgow, Dubai, Lianyungang, China's, Jiangsu, AFP

☆ John Kerry to step into searing China heat as world’s two biggest polluters try to fix fractured ties
▼ + stars: | 2023-07-15 | by ( Nectar Gan | ) edition.cnn.com time to read: +10 min

Persons: John Kerry, ”, Li Shuo, Nancy Pelosi’s, ” Li, Andy Wong, Kerry, Biden, Antony Blinken, Xi Jinping, Janet Yellen, China’s Premier Li Qiang, Blinken, Wang Yi, Alex Wang, Joe Biden’s, Xie Zhenhua, Arnd Wiegmann, Li, Xie Jianhua, Ding Xuexiang, Xi, Obama, Xie, ” Kerry, “ I’m, Stringer, Wang, “ It’s, “, ” Wang Organizations: Hong Kong CNN, Beijing Sunday, Greenpeace, Washington, US, Taiwan —, China Energy Investment Corporation, China’s Premier, University of California, US State Department, China’s Ministry of Ecology, Economic, Blinken, Kerry, CNN, COP28, UCLA, Global Energy Monitor Locations: Hong Kong, Beijing, United States, China, Greenpeace China, Taiwan, Jakarta, “, Los Angeles, Kerry, Shanghai, Tianjin, People’s Republic of China, Davos, Switzerland, Washington, Paris, China Glasgow, Dubai, Lianyungang, China's, Jiangsu, AFP

☆ Ant Group valuation: Jack Ma's speech cost Chinese company about $230 billion
▼ + stars: | 2023-07-10 | by ( Laura He | ) edition.cnn.com time to read: +4 min

The company was co-founded by Jack Ma, as was e-commerce giant Alibaba Group (BABA). On Friday, Chinese financial regulators fined Ant and its subsidiaries a total of 7.1 billion yuan ($984 million) for breaking rules related to consumer protection and corporate governance. The fines mean the regulatory “overhang” over the Chinese internet sector has finally been removed, Jefferies analysts said Saturday. Chinese tech shares rallied Monday, with Alibaba rising 3.2% and Tencent gaining 0.7%. Friday’s fines mark the conclusion of the regulatory crackdown on Ant and could pave the way for the company to revive its long-anticipated IPO, according to analysts.

Persons: Jack Ma, Didi, Meituan, Ant, ”, Alibaba, Ma, ” Ma Organizations: Hong Kong CNN — Ant, Alibaba, CNN, Jefferies, Saudi Aramco, Bund Financial Locations: Hong Kong, China, Shanghai, Saudi, Beijing

☆ Blinken set to land in China in rare trip with hopes low for any breakthrough
▼ + stars: | 2023-06-17 | by ( Humeyra Pamuk | Thomson Reuters | Humeyra Pamuk Is A Senior Foreign Policy Correspondent Based In Washington Dc. She Covers The U.S. State Department | ) www.reuters.com time to read: +4 min

Having postponed a February trip after a suspected Chinese spy balloon flew over U.S. airspace, Blinken is set to become the highest-ranking U.S. government official to visit China since President Joe Biden took office in January 2021. Particularly alarming for China's neighbors has been its reluctance to engage in regular military-to-military talks with Washington, despite repeated U.S. attempts. He said he would also be raising the issue of U.S. citizens detained in China on charges Washington sees as politically motivated. But U.S. officials in a briefing call previewing the trip earlier in the week played down any expectations of much progress. It could also set the stage for meetings between Xi and Biden at multilateral summits later in the year.

Persons: Antony Blinken, Joe Biden, Qin Gang, Wang Yi, Xi Jinping, Blinken, ” Blinken, Janet Yellen, Gina Raimondo, Xi, Biden, Xi's, Humeya Pamuk, Daniel Wallis Organizations: Chinese Foreign, State Department, Washington, U.S, Treasury, Thomson Locations: TOKYO, Beijing, American, China, U.S, Tokyo, Taiwan, Xi's Bali, United States

☆ Opinion | Fareed Zakaria on Where Russia’s War in Ukraine Stands — and Much More
▼ + stars: | 2023-06-02 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +96 min

Obviously, the line is not perfect, but I think that’s a very sensible line. And I don’t think that’s all about absorption capability. But I don’t think it’s fair to say that the Russians have done everything they can. fareed zakaria[LAUGHS] And by the way, I think that’s some key to understanding the alliance is a personal one. I think India, Israel, and Poland — usually, in the 70 percent-plus say they like — have a favorable view of America.

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☆ Why China Doesn’t Have a Property Tax
▼ + stars: | 2023-05-10 | by ( Keith Bradsher | ) www.nytimes.com time to read: +1 min

Across China, many local governments are on the brink of insolvency. Central government bailouts are a possibility to rescue cities from their deep budget problems, but China hasn’t turned to a source of revenue that would be an obvious option in other countries: property taxes. In China, where the government owns the land, localities almost never tax homeowners to support services like schools. Revenue from these land sales has plunged in the past year. That knowledge means officials in Beijing could start a nationwide property tax system.

☆ China doesn’t want US cars like Ford and General Motors. That’s a big problem for their futures.
▼ + stars: | 2023-04-24 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

America has a problem: China — the world's largest car market — doesn't want its vehicles. In 2022, data shows Ford and General Motors' car sales in China each dropped more than 20% from the year before. My colleagues Alexa St. John and Nora Naughton break down how the future of US automakers hinges on China. Although Google founder Larry Page's flying car company Kittyhawk majorly flopped, it left us with some interesting vehicles. Hop aboard to see all the funky flying car models here.

☆ China’s Angry Pensioners Are Symptomatic of Deeper Problems
▼ + stars: | 2023-02-17 | by ( Jacky Wong | ) www.wsj.com time to read: 1 min

China doesn’t have a robust social safety net—individuals pay a relatively high proportion of medical fees out of pocket. Recent protests by retirees in China over reduced healthcare benefits epitomize a thicket of interrelated problems entangling the country: an aging population, strained local government finances, an inadequate social safety net and heavy debt. The immediate trigger for the flare-up was revisions pushed through by some local governments, including the city of Wuhan, which will cut reimbursements for medical care. Some money from individual accounts contributed under a compulsory savings plan will be pooled with a public insurance fund. The move would use some of the surplus in these so-called personal accounts to meet increasing public medical needs—but elderly protesters feel like the government has taken away their savings.

☆ Analysis: China has limited power, and perhaps little desire, to curb North Korea
▼ + stars: | 2022-11-22 | by ( Martin Quin Pollard | ) www.reuters.com time to read: +5 min

China does not want to see a nuclear-armed North Korea, nor does it want to see U.S. nuclear weapons in the region, but the prospect of an expanding U.S. military footprint raises other priorities for China, said Jenny Town of 38 North, a Washington-based North Korea project. "They see the United States, South Korea and Japan forming as a security bloc, creating a need for a counter bloc, which would include North Korea," she said, referring to China. "Americans have perennially overestimated China's influence over North Korea," said John Delury, professor of Chinese studies at Yonsei University in Seoul. "Sanction North Korea, which cut itself off from the world for three years because of COVID and continued testing missiles? The whole point is China doesn’t control North Korea."

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