Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Global Times"


25 mentions found


Seoul, South Korea CNN —China’s newest, largest and most-advanced aircraft carrier, the Fujian, took a big step to joining the world’s largest naval fleet on Wednesday as it set out from Shanghai for its first sea trials. “The sea trials will primarily test the reliability and stability of the aircraft carrier’s propulsion and electrical systems,” read an announcement from the state-run Xinhua news agency on Wednesday. The warship was launched in 2022 and has “completed its mooring trials, outfitting work and equipment adjustments” working up to the latest sea trials, Xinhua said. A tugboat tows China's third aircraft carrier, the Fujian, away from a dock in east China's Shanghai on May 1, 2024. The American aircraft carrier USS Gerald R. Ford is seen from the air anchored in Italy in the Gulf of Trieste on September 18, 2023.
Persons: Li Tang, , John Bradford, Carl Schuster, Gerald R Ford, ” Bradford, Gerald R, Ford, Andrej Tarfila, Schuster, ” Schuster, Brian Hart, Yuan Huazhi, John F Kennedy, Doris Miller Organizations: South Korea CNN —, Jiangnan Shipyard, Maritime Safety Administration, Xinhua, Liberation Army, United States Navy, PLAN, Foreign Relations International Affairs, US, Pacific Command’s Joint Intelligence, Nimitz, Ford, Center for Strategic, International Studies, Analysts, American, Chinese Defense Ministry, China Power, CSIS, Times, US Navy, Enterprise Locations: Seoul, South Korea, Fujian, Shanghai, East China, Jiangnan, Shandong, Liaoning, Italy, Gulf of Trieste, China
New images posted to social media show China's third and newest aircraft carrier hosting aircraft mock-ups. AdvertisementChina's newest aircraft carrier appears to be sporting mock-ups of warplanes, according to new images posted to social media by a long-time China watcher. The pictures also show the Fujian's catapult system, designed to launch aircraft much like the US Navy's aircraft carriers. CHINESE AIRCRAFT CARRIER, JIANGNAN SHIPYARDS, CHINA, JUNE 18, 2022: Maxar satellite imagery close up view of CV 18 Fujian Aircraft Carrier, Shanghai, China. Take a close look at China's third aircraft carrier #Fujian, which was launched in Shanghai on Friday.
Persons: , Andreas Rupprecht, @QwaSkkn2447, Kitty Hawk, Matthew P, Funaiole, Joseph S, Bermudez Jr, Brian Hart Organizations: Service, People's Liberation Army Navy, Fujian, 10J, Ford, Department of Defense, China, Fujian Aircraft Carrier, Global Times, Center for Strategic, International Studies Locations: Fujian, China, Shanghai, Fujian “, Liaoning, Shandong, JIANGNAN, CHINA, China's, Taiwan
CNN —Three people died after typhoon-like winds pulled them out through their apartment windows in southern China, as extreme weather battered the region over the past week. A total of seven people had died in Jiangxi province since the exceptionally strong winds began on Sunday, state broadcaster CCTV reported on Thursday. A 60-year-old woman from the same building was also swept out of the window by extreme wind. Air conditioners were blown out of high-rises in the city, while more than 2,000 trees were toppled, state media said. China has been hit by a series of extreme weather events in recent years.
Persons: yanked Organizations: CNN Locations: China, Jiangxi, Nanchang, Heilongjiang
CNN —South Korean soccer star Son Jun-ho, who was detained in China for allegedly accepting bribes, has recently returned home, the country’s Ministry of Foreign Affairs said in a statement on Monday. The ministry has been communicating with the Chinese authorities through “various channels” and requested cooperation to “ensure a swift and fair process,” it said without giving details of the release. He has also represented South Korea’s men’s national team and reached the knockout stages of the World Cup in 2022 with the squad. Son became the first foreign soccer player to be investigated and detained since the CSL started in 2004, according to China’s state-run Global Times. His arrest was part of a broader initiative by Beijing to rid Chinese soccer of alleged corruption in the highest levels of the sport, during which the Communist Party’s anti-graft watchdog has been investigating a host of Chinese Football Association figures.
Persons: Son, , Organizations: CNN, South, country’s Ministry of Foreign Affairs, Chinese Super League, Football Association, Korea’s, CSL, Times, Communist, Chinese Football Association Locations: South Korean, China, China’s, Liaoning, Shandong Taishan, Beijing
China's richest man is being targeted by nationalists who say he's not patriotic enough. AdvertisementZhong Shanshan, the richest man in China, has been beset this month by accusations from an online nationalist crowd that he isn't loyal enough to his country. Some think Nongfu Spring loves JapanThe hostility escalated this week into claims that Nongfu Spring was intentionally planting elements of Japanese culture into its product marketing. CFOTO/Future Publishing via Getty Images and Jinhee Lee/NurPhoto via Getty ImagesAnother complaint accused Nongfu Spring of using a red bottle cap that resembles the Japanese flag. China's nationalist groups have been notorious for turning on typically celebrated figures and businessmen.
Persons: Zhong Shanshan, Zong Qinghou, , Zhong, he's, Zong, Zhong Shuzi, Jinhee Lee, NurPhoto, Mr Zong, Hu Xijin, shouldn't, Hu, Li Guoqing, Li, Zong Fuli, Mo Yan Organizations: Service, Nongfu, Hong, Hangzhou Wahaha, Hangzhou Wahaha Group, Getty Images, Weibo, Mount, Publishing, Getty, Global Times, The Global Times, Rongsheng Petrochemical, China Newsweek, China News Service, Business Locations: Japan, China, Hong Kong, Hangzhou, Zhejiang Province, American, Tokyo, Mount Fuji
Hong Kong/Beijing CNN —China has described a potential TikTok ban as “an act of bullying” that would backfire on America. Cybersecurity experts say that the national security concerns surrounding TikTok remain a hypothetical — albeit troubling — scenario. US officials have not publicly presented evidence that the Chinese government has accessed the user data of US TikTok users, an outcome that lawmakers say their bill is intended to prevent. In recent comments to reporters, Wisconsin Republican Rep. Mike Gallagher, who chairs a House select committee on China, rejected characterizations of the bill as a TikTok ban. “It puts the choice squarely in the hands of TikTok to sever their relationship with the Chinese Communist Party.
Persons: ByteDance, ” Wang Wenbin, Wang, , Mike Gallagher, “ It’s, TikTok, , Tiktok Organizations: Beijing CNN, CNN Wednesday, Senate, Wisconsin Republican, Chinese Communist Party, Weibo Locations: Hong Kong, Beijing, China, America, American, tatters
Now, some of China’s most zealous online nationalists have a new target in their crosshairs: the country’s first officially recognized Nobel laureate. Mo Yan receives the 2012 Nobel Literature Prize from King Carl Gustaf of Sweden during an award ceremony on December 10, 2012 in Stockholm. He accused Wu of creating a publicity stunt by “maliciously framing” the Nobel laureate and taking his words out of context. In 2011, he was named the vice chairman of the state-run Chinese Writers Association – an appointment that could not have been made without the blessing of the party. In 2022, Sima Nan, a nationalist pundit known for his inflammatory criticism of the United States, famously accused Mo’s Nobel win of being a Western effort to smear China.
Persons: Hong Kong CNN — They’ve, Mo Yan, Xi Jinping, Xi, Wu Wanzheng, Mao Xinghuo, Wu, Guan Moye, , Mo, King Carl Gustaf of Sweden, Jonathan Nackstrand, ” Zhang Yongsheng, Hu Xijin, Hu, , Murong Xuecun, “ Xi, Mao, Writers Association –, Liu Xiaobo, Liu, caricaturize, , doesn’t, Sima Nan, Mo’s Nobel, ” Murong Organizations: Hong Kong CNN, Communist Party, Communist, Getty, Red Guards, Tongji University, Global Times, Writers Association, Chinese Writers Association Locations: China, Hong Kong, Mo, Weibo, Stockholm, AFP, Shanghai, Beijing, Shandong, United States
Hong Kong CNN —At least 15 people were killed in a fire thought to have been started by an electric bicycle parked at a high-rise residential building in eastern China early Friday morning, state media have reported. Forty-four people were also injured during the blaze that engulfed the 34-floor building in the eastern city of Nanjing, the media outlet CCTV said. Footage on Chinese social media showed a ball of fire spreading to the exterior of the building. The blaze was a trending topic on the Chinese social media platform Weibo on Saturday, being viewed more than 470 million times by the afternoon. A fire breaks out at a residential building in Nanjing on February 23, 2024. liangyishengmagua/WeiboFaulty electric bicycles have been reportedly linked to several blazes in the country in recent years.
Persons: Chen Zhichang, , , Hu Xijin, It’s, Hu Organizations: Hong Kong CNN, Investigations, Authorities, Nanjing, Nanjing government’s, Weibo, liangyishengmagua, Global Times Locations: Hong Kong, China, Nanjing, Weibo
The bureau on Saturday accused Chinese vessels of pumping cyanide into the shoal's waters. AdvertisementThe Philippines' fishing bureau has accused Chinese fishing vessels of using cyanide to destroy the Scarborough Shoal, a fish-rich atoll in the South China Sea contested by both Manila and Beijing. Cyanide fishing is a controversial fishing method that typically involves dumping the highly toxic chemical near coral reefs or in fishing grounds to stun or kill fish so they can be easily captured. Notably, the Philippines' fishing industry was known to use cyanide fishing back in the 1960s to capture live fish for aquariums and restaurants, though the practice has become less common. The Scarborough Shoal is contested by The Philippines, China, and Taiwan.
Persons: , Nazario Briguera, Brigeura, Briguera, hadn't, Jay Tarriela, Guo Shoujing, Hague Organizations: Service, Bureau of Fisheries, Aquatic Resources, The Philippine, Philippine, Scarborough, Philippine Star, ROSA, GMA, Philippine Coast Guard, Conservation, Education Foundation, Global Times, The, TED, Getty, Google, Fisheries, Business Locations: Philippines, China, Scarborough, South, Manila, Beijing, Masinloc, Spanish, Scarborough Shoal, AFP, Bajo de, Cebu, South China, Taiwan, The Philippines, Quezon City, Philippine
Tickets for the game cost up to 4,880 Hong Kong dollars ($624) each. In its statement, Tatler Asia said it would refund 56 million Hong Kong dollars ($7.2 million) in total, resulting in a loss of 43 million Hong Kong dollars ($5.5 million). Before the refund, its net income stood at 13 million Hong Kong dollars ($1.7 million), the organizer said. In response to the announcement, the Hong Kong government welcomed the arrangement in a statement, calling it as a responsible move. “One theory is that their actions have political motives, as Hong Kong intends to boost economy through the event and external forces deliberately wanted to embarrass Hong Kong through this incident,” it said.
Persons: Lionel Messi, Messi, Messi’s, , Regina Ip, “ Messi, Hong Kongers, ___ Organizations: Inter, Global Times, Tatler Asia, Tatler, Hong Kong, Hong, Inter Miami, Associated Press, Weibo, Messi, , Executive, Miami, Newell’s Old Locations: HONG KONG, Hong Kong, China, Argentina, Tokyo, Asia, Japan, Tatler Asia, Inter Miami, Beijing, Regina, Weibo, El Salvador, Dallas, Saudi Arabia, Florida, Rosario
“(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
BANGKOK (AP) — Chinese and U.S. officials have met in Beijing for talks on tough issues dividing the two largest economies, as trade and tariffs increasingly draw attention in the runup to the U.S. presidential election. The talks sent a “positive signal,” the Global Times, a newspaper of China’s ruling Communist Party, said in an article published late Tuesday. The two sides said the talks in Beijing also touched on issues such as debt problems in developing countries, financial cooperation and economic policies. The Economic Working Group's meeting was its third since it was established in September and its first in Beijing. A Treasury delegation met with Chinese Vice Premier He Lifeng while in Beijing and conveyed a message that Yellen hoped to visit China at an “appropriate time.”
Persons: Joe Biden, Xi Jinping, Biden, Donald Trump, Yellen, Organizations: U.S, China’s Ministry of Finance, Global Times, Communist Party, U.S . Treasury Department, International Energy Agency, Treasury Department, Trump, Treasury Locations: BANGKOK, Beijing, U.S, China, Europe, San Francisco , California, Taiwan
Hong Kong CNN —Chinese shares haven’t just had a bad start to 2024. The astonishing losses, reminiscent of the last Chinese stock market crash of 2015-2016, highlight a crisis of confidence among investors concerned about the country’s future. But on the same day, major state-owned banks moved to support the Chinese yuan, in order to prevent the currency from falling too fast as Chinese shares plunged, according to a Reuters report, citing unnamed sources. Topics related to the “market plunge” and “China’s stock market rescue” were trending on Weibo on Tuesday. “I’m sad about today’s stock market performance,” Hu Xijin, former editor-in-chief for state newspaper Global Times, posted on Weibo on Monday.
Persons: It’s, , Goldman Sachs, Wall, Li Qiang, , Nomura, bedeviling, Beijing’s, Li, Ken Cheung, ” Hu Xijin, “ Hu Organizations: Hong Kong CNN, Reuters, Bloomberg, Monday, People’s Bank of China, , Big Tech, Xinhua, Hong, Mizuho Bank, Global Times Locations: China, Hong Kong, Shanghai, Shenzhen, Japan, Asia, Beijing, US, Weibo
By Liz LeeBEIJING (Reuters) - China's chief intelligence agency posted on social media a comic strip featuring foreign-looking characters secretly extracting rare earths, in a story portraying the country's strategic metals under threat from covetous "overseas organisations". No foreign government or agencies were named in the comic strip, and the ministry did not specify any measures to counter foreign "interest" in China's rare earths. It also banned the export of technology to make rare earth magnets, in addition a ban on technology to extract and separate rare earths. The restrictions have fanned fears that the supply of rare earths might ignite tensions with the West, particularly the United States, which accuses China of using economic coercion to influence other countries. The newspaper said the United States, Japan and the European Union, among others, have for a long time "coveted China's rare earth mineral resources".
Persons: Liz Lee BEIJING, Li Baiyang, Liz Lee, Miral Fahmy Organizations: State Security, United, Mining, Times, European Union, Global Times, Nanjing University Locations: China, United States, Beijing, U.S, Japan
On Nov. 18, China’s Ministry of Public Security announced that authorities in northern Myanmar had handed over some 31,000 suspects. The Kokang Self-Administered Zone and the Wa Self-Administered Division both share a border with China and are heavily influenced by their bigger neighbor. The Ming family are not the only powerful Kokang families caught up in the drive. Wa police handed 194 Chinese nationals to Chinese authorities on Nov. 28, according to Wa's state media, Voice of Wa State. Others say that China is showing it won't tolerate the scams anymore, regardless of how powerful are the people behind them.
Persons: , Lu Jiantang, Jason Tower, Ming, Hu Xijin, ” Hu, Wei Qingtao, they’ll, ” Wei, Liu Zhengqi, Ming Xuechang, Kokang, Yin Masan, MNDAA, cyberscammers, Richard Horsey, , Bai Suocheng, Li Kyar Wen, It’s, Wanqing Chen Organizations: China’s Ministry of Public Security, U.S . Congress, United States Institute of Peace, Communist Party, China’s Communist Party, CCTV, Global Times, of Public Security, Fully, Wa Construction Ministry, Wa Communist Party, Brotherhood Alliance, Arakan Army, Myanmar National Democratic Alliance Army, National Liberation Army, International Crisis Locations: BANGKOK, China, Myanmar, , Wa, Kokang, Yunnan, Wa State, Shan, Arakan, cyberscams, Beijing
However, by attacking mentions of egg fried rice by famous chefs and other online influencers, the nationalist users have inadvertently promoted the very rumor their government is trying to quash. Celebrity chef Wang Gang says he won't make egg fried rice again. But can it be a coincidence every single time?” a comment said of Wang’s egg fried rice videos. But some have also come to Wang’s defense, noting that the chef has posted egg fried rice in other months throughout the year. “Why don’t we clearly stipulate a complete ban on eating and making egg fried rice in November, or simply retire egg fried rice from Chinese cruisine all togther,” another supporter quipped.
Persons: , ” Wang Gang, Wang’s, , Wang, Mao Zedong’s, Mao Anying, Mao Anying’s, Wang Gang, Chef Wang, Yang Di, Mao, Xi Jinping, Luo Changping, Xi, , , ” Wang, Hu Xijin, ” Hu Organizations: Hong Kong CNN, People’s Liberation Army, Chinese Academy, Communist Party, Weibo, telegraphs, Fried, Daily, Global Times Locations: Hong Kong, China, Weibo, American, North Korea, Nanchang, Yangzhou, Sichuan
“China and the United States’ relations will forever be linked to the name ‘Kissinger,’” Mr. Xi said to Mr. Kissinger as the two men sat side by side in cream-colored armchairs. It was the same building where half a century earlier Mr. Kissinger had met Zhou Enlai, who was then China’s premier: Villa No. When Mr. Xi was on the cusp of power in 2012, he met Mr. Kissinger twice — once in Beijing and then in Washington. In a sign of the high regard in which he was held, Mr. Xi respectfully cited Mr. Kissinger’s views in speeches. “It is understandable that he cared about the interests of the United States,” Professor Lu said.
Persons: , Henry A . Kissinger, Mr, Kissinger, Nixon’s, Xie Feng, Biden, Xi Jinping, , ‘ Kissinger, , Xi, Zhou Enlai, Li Shangfu, John F, Kirby, Kissinger “, Wu Xinbo, , President Trump, Wu, Trump, Kissinger’s, Charles T, Munger, Lu Yeh, Lu Organizations: Global Times, Communist Party, Beijing, United, Mr, U.S . National Security Council, Institute of International Studies, Fudan University, National Chengchi University Locations: China, United States, Washington, Communist, Beijing, U.S, ” China, “ China, Diaoyutai, Shanghai, Philippines, Australia, Weibo, Taiwan, Taipei,
For many in China, Henry A. Kissinger represented a now-bygone chapter in relations between China and the United States, when the countries seemed to be moving inexorably closer. In July, China laid out a red-carpet welcome for Mr. Kissinger, including an audience with Xi Jinping, the top leader. “China and the United States’ relations will forever be linked to the name ‘Kissinger,’” Mr. Xi said to Mr. Kissinger as the two men sat side by side in cream-colored armchairs. When Mr. Xi was on the cusp of power in 2012, he met Mr. Kissinger twice — once in Beijing and then in Washington. In a sign of the high regard in which he was held, Mr. Xi respectfully cited Mr. Kissinger’s views in speeches.
Persons: Xi Jinping, Henry A . Kissinger, , Mr, Kissinger, Nixon’s, Xie Feng, Biden, , ‘ Kissinger, , Xi, Zhou Enlai, Li Shangfu, John F, Kirby, Kissinger “, Wu Xinbo, , President Trump, Wu, Trump, Kissinger’s, Charles T, Munger, Lu Yeh, Lu Organizations: of, People, Global Times, Communist Party, Beijing, United, Mr, U.S . National Security Council, Institute of International Studies, Fudan University, National Chengchi University Locations: Beijing, State, China, United States, Washington, Communist, U.S, ” China, “ China, Diaoyutai, Shanghai, Philippines, Australia, Weibo, Taiwan, Taipei,
CNN —Almost three years on from its bloody coup, Myanmar’s military junta is facing the biggest threat to its hold on power as it fights wars on multiple fronts across the Southeast Asian nation. Junta airstrikes and ground attacks on what the Myanmar military calls “terrorist” targets have killed thousands of civilians to date, including children, and displaced about 2 million people. Stringer/AFP/Getty ImagesCNN has reached out to Myanmar’s military spokesperson for comment on the recent fighting but has not received a response. Stringer/AFP/Getty ImgesIn the jungles of southeast Kayah state, fighting has raged near the state capital Loikaw. Video filmed and published by the Karenni Nationalities Defense Force appears to show Myanmar army soldiers surrendering to rebels at Loikaw University who are filmed treating their injuries.
Persons: , Matthew Arnold, ” Arnold, Min Aung, Aung, Suu Kyi, , Bo Nagar, Stringer, Myint Swe, Chin Shwe Haw, Nan Diya, Lalmalsawma Hnamte, Lin Lin, Ye Myo Hein, May, – “, Karen, Chin state’s Matupi, Tian Junli, Arnold, Myanmar’s, it’s, Suu Organizations: CNN, United Nations, National Unity Government, Junta, Myanmar, UN, Administration Council, Burma National Revolutionary Army, National Liberation Army, Alliance, Myanmar National Democratic Alliance Army, Arakan Army, , Getty, Reuters, Loikaw, Karenni Nationalities Defense Force, Loikaw University, Resistance, Burma People’s Liberation Army, Brotherhood Alliance, United States Institute of Peace, Wilson Center, Border Guard Forces, China, Global Times, PLA Southern Theater Command Locations: Myanmar, Myanmar’s, Suu, Yangon, Mandalay, Burma, Namhsan Township, Shan State, AFP, Arakan, China, , Shan, Chin, Muse, Rakhine, Pauktaw, Lashio, Kayah, Mizoram, , Sagaing region, Asia, Kawkareik, Karenni, Sagaing, India, Thailand, Bangladesh
BEIJING, Nov 27 (Reuters) - More than three million people took China's annual civil service exam on the weekend, state media reported on Monday, a record number that underscores young people's concerns about getting a secure job in a rocky economy. With stubbornly high youth employment in the world's second-largest economy, the prospect of a less glamorous career in the civil service is increasingly attractive as private sector job opportunities dwindle. "After all, the general environment is not good," one user of the Weibo social media platform said of economic prospects as posts about the civil service exam surged. The exam was held simultaneously in 237 cities across the country on Sunday, the state-run China Daily reported. The Global Times reported that the number of civil service jobs had increased for the past five years.
Persons: Chu Zhaohui, Bernard Orr, Robert Birsel Organizations: Weibo, Companies, China Daily, Global Times, China News Network, China National Academy of Educational, Thomson Locations: BEIJING, China, Beijing, Shanghai
TAIPEI, Nov 24 (Reuters) - Terry Gou, the billionaire founder of tech giant Foxconn (2317.TW), on Friday withdrew from the race to be Taiwan's next president, bringing a sense of relief to the major Apple (AAPL.O) supplier and iPhone manufacturer, sources said. Complete the change of power and change Taiwan," Gou said. Despite a massive advertising campaign, which saw his face plastered across Taiwan, Gou consistently polled far behind his rivals. Although Gou stepped down as Foxconn chief in 2019 and resigned as a board member in early September, he remained the company's largest shareholder. "It's a sigh of relief," said one of the sources, who declined to be identified due to the sensitivity of the matter.
Persons: Terry Gou, Gou, Hou Yu, Ko Wen, Ko, Lai Ching, Foxconn, Young Liu, TPP, Tammy Lai, Lai, Yimou Lee, Ben Blanchard, Sarah Wu, Muralikumar Anantharaman, Gerry Doyle Organizations: Apple, Democratic Progressive Party, ih, Kuomintang, KMT, Taiwan People's Party, Facebook, Global Times, Reuters, Netflix, Thomson Locations: TAIPEI, Ukraine, Taiwan, China, Taipei, Beijing
Northern China is struggling with a wave of respiratory illnesses among its children. Cities like Beijing and Tianjin have been hit hard by cases of flu and pneumonia, hospitals said. Children wait on the stairs at a children hospital in Beijing on November 23, 2023, with some administered with drips. "All the children have respiratory illnesses." Children receive a drip at a children hospital in Beijing on November 23, 2023.
Persons: , Liu Wei, Liu, imploring, JADE GAO, Mi Feng, they're, It's, JADE GAOJADE, Hu Xijin, Hu, David Heymann, Francois Balloux Organizations: Service, Beijing Aviation General, Management, drips, Getty, Changjiang, Health, Business, Global Times, Health Organization, London School of Hygiene, Tropical Medicine, UCL Genetics Institute Locations: Northern China, Cities, Beijing, Tianjin, China, Tianjian, Wuhan, Hubei, Chongqing, Weibo
Apple supplier Foxconn books surprise rise in quarterly profit
  + stars: | 2023-11-14 | by ( ) www.reuters.com   time to read: +2 min
[1/2] People wear masks to protect themselves from the coronavirus disease (COVID-19) while passing a Foxconn office building in Taipei, Taiwan, July 14, 2020. REUTERS/Ann Wang/File Photo Acquire Licensing RightsTAIPEI, Nov 14 (Reuters) - Apple Inc (AAPL.O) supplier Foxconn (2317.TW) reported on Tuesday a surprise 11% increase in third-quarter profit, boosted by strong demand for smartphones ahead of the year-end holiday shopping season in Western markets. Net profit for the July-September quarter rose to T$43.1 billion ($1.3 billion), beating market estimates for an 11% drop. Shares of Foxconn closed up 2.4% ahead of the earnings announcement, beating a 0.5% gain for the benchmark index (.TWII). ($1 = 32.3430 Taiwan dollars)Reporting by Yimou Lee and Sarah Wu; Editing by Anne Marie Roantree and Edwina GibbsOur Standards: The Thomson Reuters Trust Principles.
Persons: Ann Wang, Young Liu, Terry Gou, Yimou Lee, Sarah Wu, Anne Marie Roantree, Edwina Gibbs Organizations: REUTERS, Rights, Apple Inc, TW, Apple, Global Times, Thomson Locations: Taipei, Taiwan, Rights TAIPEI, China
A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. The chip industry newsletter SemiAnalysisas reported earlier that Nvidia plans to release new artificial intelligence chips aimed at the Chinese market less than a month after the U.S. tightened rules on selling high-end AI chips to China. The new rules put a cap on how much computing power a chip can pack into a small size. SemiAnalysis said the new Nvidia chips are called the HGX H20, L20 PCIe and L2 PCIe and the company could announce them on Nov. 16. "It is not difficult to imagine that as long as Washington remains committed to 'choking' China, the game of 'catch me if you can' will continue indefinitely," the newspaper said.
Persons: Dado Ruvic, SemiAnalysis, Robert Birsel Organizations: NVIDIA, REUTERS, Rights, Nvidia, Global Times, U.S, Shanghai, Thomson, Reuters Locations: China, U.S, Washington
All this coincides with longstanding calls from countries across the developing world for an international system where they have more say. Beijing, he added, sees the US as merely “paying lip service” to the “liberal order” to hurt other countries. Sergei Savostyanov/Sputnik/ReutersIn recent years, even some countries that have for decades embraced a close partnership with the US have drawn closer to China and its vision. “Is China really trying to promote multipolarity — or does China just want to (become a) substitute (for) US influence over the world?” he asked. They also raise questions about how a more militarily and economically powerful China would behave globally, if left unchecked.
Persons: Xi Jinping, , Xi, Vladimir Putin, General Antonio Guterres, ” Xi, , Shen Hong, they’d, , Yun Sun, liberalize, Sanjit Das, Shen Dingli, , ’ ”, Russia’s Putin, Bashar al, Assad —, Assad’s, Sergei Savostyanov, Ali Sarwar Naqvi, “ We’ve, James Marape, , Rubens Duarte, Li Zhiquan, , Tong Zhao, Zhao, Ted Aljibe, Luiz Inácio Lula da Silva, Zhang Youxia, Beijing’s, Gilberto Teodoro Jr, BRICS, Weeks, Joe Biden, Sergio Lima, ” — Organizations: Hong Kong CNN, United Nations, Forum, China, Communist, CNN, Beijing, Washington, Getty, Stimson, Bank, World Trade Organization, . Riot, Bloomberg, Initiative, Asian, Global, Sputnik, Reuters, Center for International Strategic Studies, Papua New Guinea, multipolarity, China News Service, Carnegie Endowment, International Peace, Global Security Initiative, NATO, Russia, Philippine Defense, Shanghai Cooperation Organization, United, New, Seven, Ministry, Global Security, Group, UN, Communist Party Locations: China, Hong Kong, Beijing, United States, Ukraine, Gaza, Russian, Xinhua, Washington, South, Taiwan, Tibet, Xinjiang, America, Shanghai, West, Hangzhou, Israel, Pakistan, Pakistani, Islamabad, Papua New, Brazil, Indonesia, Europe, Asia, Scarborough, South China, AFP, Moscow, Russia, , Saudi Arabia, Iran, Palestine, India, South Africa, Argentina, Egypt, Ethiopia, United Arab Emirates, New Delhi, Southeast Asia, Latin America, Caribbean, ” Beijing
Total: 25