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☆ China’s booming electric vehicle companies eye U.S. competitors they see as ‘not ready’
▼ + stars: | 2024-05-07 | by ( Janis Mackey Frayer | Jennifer Jett | ) www.cnbc.com time to read: +8 min

Despite lower price tags, Chinese EVs often have more powerful batteries and more advanced technology. The competition among hundreds of Chinese EV makers has spurred rapid innovation. Even Tesla CEO Elon Musk, who made a surprise visit to Beijing last week, has said that without trade barriers Chinese EV makers would "demolish" their competitors. Chinese EVs tend to be smaller, cheaper and more accessible to the masses — BYD's Seagull, a small all-electric hatchback, starts at less than $10,000. It would take time to set up a sales and distribution network, Fields said, and Chinese EV makers could face a perception issue among American consumers.

Persons: They're, Stella Li, America's Tesla, Tesla, BYD, Mark Fields, Elon Musk, Musk, Fields, they've, Li, Biden, Musk's, That's Organizations: Alliance for American Manufacturing, U.S, BYD, NBC News, Western, Communist Party, Ford, International Energy Agency, Western automakers, United States, Lawmakers, World Trade Organization, European, Rhodium Group, EV, China Association of Automobile Manufacturers Locations: China, EVs, U.S, BYD Americas, BYD, Shenzhen, United States, Beijing, Europe, United, Union, Chinese, Mexico, South Korea, Japan

☆ U.S.-China fentanyl talks get off to a 'productive' start, security advisor says
▼ + stars: | 2024-01-31 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Chinese Minister of Public Security Wang Xiaohong (C) announces the launch of the U.S.-China Counternarcotics Working Group next to U.S. Deputy Assistant to the President and Deputy Homeland Security Advisor Jen Daskal (center L) at the Diaoyutai State Guesthouse in Beijing on January 30, 2024. Ng Han Guan | Afp | Getty ImagesBEIJING — The U.S. and China had a "productive" first day of talks in Beijing about the fentanyl crisis, Jennifer Daskal, a deputy homeland security advisor, told NBC News' Janis Mackey Frayer in an exclusive interview Tuesday. "We're looking for results and we had a productive step forward," Daskal said, while acknowledging the risk that China could use its sway over the fentanyl supply chain as a bargaining chip. Daskal, leader of the White House delegation for this week's high-level talks, said the diversity of representatives from both sides "showed a real commitment." "We will know if it works if we start seeing the supply of precursor drugs diminish, if we start seeing the supply of pill presses and other equipment diminish," Daskal said.

Persons: of Public Security Wang Xiaohong, Jen Daskal, Ng, Guan, Jennifer Daskal, Janis Mackey Frayer, Daskal, Joe Biden, Xi Jinping, Wang Xiaohong, Wang, Biden, Hua Zhendong, Mackey, Hua, Yu Haibin, Yu, NBC's Mackey Frayer Organizations: of Public Security, U.S ., Homeland, Getty, NBC News, National Narcotics Control Commission, Public Security, Public Security's Institute of Forensic Science, China -, Counternarcotics, White House, International Narcotics Control Locations: U.S, China, Diaoyutai, Beijing, Afp, BEIJING, The U.S, Mexico, Washington, San Francisco

☆ Spy balloon 'chapter should be closed’ after China talks, Blinken tells NBC News
▼ + stars: | 2023-06-19 | by ( Janis Mackey Frayer | Jennifer Jett | ) www.cnbc.com time to read: +5 min

China's President Xi Jinping (R) receives US Secretary of State Antony Blinken prior to their meeting at the Great Hall of the People in Beijing on June 19, 2023. President Xi Jinping hosted Antony Blinken for talks in Beijing on June 19, capping two days of high-level talks by the US secretary of state with Chinese officials. BEIJING — Secretary of State Antony Blinken told NBC News on Monday that his trip to Beijing marked an "important start" in stabilizing U.S. ties with China and that the countries should move on from the spy balloon incident that postponed his earlier visit. "That chapter should be closed," Blinken said in an interview before leaving Beijing, where he spent two days meeting with senior Chinese officials including President Xi Jinping. Blinken's trip to China, the first by a U.S. secretary of state since 2018, was postponed in February after the discovery of an alleged Chinese spy balloon over U.S. territory.

Persons: Xi Jinping, Antony Blinken, Blinken, Nancy Pelosi's, Joe Biden, Xi, Biden, that's, we've, there's, Jinping, Janis Mackey Frayer, Jennifer Jett Organizations: of, People, BEIJING —, NBC, South China, Cuban, U.S ., Congressional, House Locations: Beijing, BEIJING, China, Taiwan, Taiwan Strait, South, U.S, South Carolina, Cuba, doesn't, Indonesia, Hong Kong

SHANGHAI — Patients are crammed into hallways, stairwells and lobbies, and still the sick keep coming. After international criticism that it had not been transparent about the severity of the outbreak, the Chinese government said last weekend that it had recorded 60,000 Covid-related deaths since Dec. 8. But that figure covers only those who have died in hospitals, suggesting the true death toll could be much higher. “My father had no symptoms but still died,” one 31-year-old woman said outside a hospital in central Shanghai. On the day my father moved into the hospital, almost all patients in the emergency department died.”

☆ Mystery as former Chinese leader is escorted out of Communist Party Congress in front of world media
▼ + stars: | 2022-10-22 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Janis.Jpg | Janis Mackey Frayer | ) www.nbcnews.com time to read: +4 min

BEIJING — Former Chinese President Hu Jintao was led out of the country's Communist Party Congress Saturday in a moment of unexpected drama during an otherwise highly choreographed event. The “Two Safeguards” assure Xi’s “core” status within the party and the party’s centralised authority over China. It is widely expected that Xi Jinping will hold onto his status as general secretary and head of China’s armed forces. “With Xi Jinping being so prominent, and the party so omnipresent, whenever something goes wrong in China the party will be blamed, and Xi Jinping will be blamed,” he said. In his closing remarks, president Xi said that the Chinese Communist Party, now in its 100th year, was still in its prime.

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