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BEIJING, July 31 (Reuters) - China's manufacturing activity fell for a fourth straight month in July while the services and construction sectors teetered on the brink of contraction, official surveys showed on Monday, threatening growth prospects for the third quarter. Construction sector activity for July was its weakest since COVID-19-related workplace disruptions dissipated around February, data from the National Bureau of Statistics showed. The non-manufacturing PMI, which incorporates sub-indexes for service sector activity and construction, dropped to 51.5 from June's 53.2. "Meanwhile, we're seeing improvements in inventory levels, suggesting that with destocking nearing its end, China's manufacturing sector bottomed out in the second quarter," he added. "Unless concrete support is rolled out soon, the recent downturn in demand risks becoming self-reinforcing."

Persons: Xu Tianchen, Julian Evans, Pritchard, Joe Cash, Sam Holmes, Edmund Klamann Organizations: National Bureau, Statistics, Communist Party, PMI, Economist Intelligence Unit, destocking, China, State, Capital Economics, Thomson Locations: BEIJING, China

☆ Chinese tech entrepreneurs keen to 'de-China' as tensions with US soar
▼ + stars: | 2023-05-30 | by ( David Kirton | ) www.reuters.com time to read: +7 min

But he's dismayed by the U.S.-China trade spats and the restrictions on a growing number of Chinese companies that have been imposed, or are being proposed, by U.S. lawmakers. "It's very unfair," he said, lamenting that competitors from other countries did not face similar issues when trying to expand into the United States. Reuters spoke to seven tech entrepreneurs from mainland China, most of them educated overseas, who would like to expand their businesses in the United States. Geopolitical tensions have meant a far less friendly atmosphere for mainland Chinese companies wanting to operate or gain funding in the United States, the entrepreneurs and consultants say. The U.S. Commerce Department did not respond to a request for comment on attitudes towards Chinese companies within the United States.

Persons: Florence Lo, Ryan, Trump, Joe Biden, Major flashpoints, James McGregor, Xi, Wilson, Chris Pereira, Shein, PDD, Pereira, Tommy, David Kirton, Eduardo Baptista, Casey, Brenda Goh, Edwina Gibbs Organizations: REUTERS, Huawei, U.S ., U.S, Micron Technology, Washington DC, Chinese Communist Party, Greater, APCO Worldwide, U.S . Commerce Department, Reuters, of Information, American Ecosystem Institute . Companies, PDD Holdings, U.S . Customs, Border Protection, Casey Hall, Thomson Locations: China, SHENZHEN, U.S, Washington, United States, Shenzhen, East Asia, North America, Hong Kong, Canada, Japan, Singapore, Montana, Greater China, Beijing, China's, Shanghai, Dublin

☆ Cuban lawmakers vote for president amid crisis, no change expected
▼ + stars: | 2023-04-19 | by ( ) www.reuters.com time to read: +1 min

HAVANA, April 19 (Reuters) - Cuban lawmakers convened on Wednesday to appoint a new president for the next five years, at a time of social and economic crisis near unprecendented since Fidel Castro's 1959 revolution. Lawmakers and the newly elected leaders will face daunting challenges during their coming five-year term. Candidates for president and legislative leaders were proposed in secret by lawmakers prior to Wednesday's session, then vetted by a National Candidacy Commission. The 470 lawmakers slated to vote were elected on March 26 in a popular ballot with no opposition candidates. The newly elected president is scheduled to address the nation later in the day.

☆ Petr Pavel: who is the ex-army chief leading Czech presidential election race?
▼ + stars: | 2023-01-24 | by ( Jan Lopatka | ) www.reuters.com time to read: +5 min

Polls make the bearded retired general, 61, the favourite to win a run-off vote on Friday and Saturday against billionaire ex-prime minister Andrej Babis, 68. "We got into several tense situations and he always managed them with deliberation and calm," retired Czech general Ales Opata, who served in Croatia and after with Pavel, told Reuters. He lead the Czech general staff from 2012, during Czech involvement in operations in Afghanistan, and in 2015 became NATO's military committee chair, an advisory position of the alliance's secretary-general. Jiri Sedivy, chief executive of the European Defence Agency and former Czech ambassador to NATO, said Pavel was a decision-maker who could take responsibility. After Russia's 2014 annexation of Crimea, Pavel represented NATO in a 2017 meeting with Russian Chief of General Staff Valery Gerasimov.

Feeling defiant, I told him, I will let the world know what you police are doing," said Pei, 27. He asked to be identified only by part of his name for fear of repercussions. China's Ministry of Public Security did not respond to a request for comment on the laws they might use against protesters. Zhang Dongshuo, a Beijing-based lawyer who has handled rights cases in the past, said the levels of punishment for protesting in China vary widely. "They just sprang up organically because people were driven by a sense of hopelessness and desperation about the never-ending COVID restrictions," Wu said.

Oct 24 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeeverChinese politics, Japanese policy. This was offered up for public consumption on Saturday when former President Hu Jintao was unexpectedly escorted out of the Party Congress's closing ceremony. Xi's cabinet reshuffle may also see central bank chief Yi Gang stepping down and being replaced by former deputy governor Yin Yong, according to sources. Meanwhile, Japan intervened in the FX market on Friday after the yen slumped to a new 32-year low close to 152.00 per dollar. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

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