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☆ Murder and Magic Realism: A Rising Literary Star Mines China’s Rust Belt
▼ + stars: | 2024-03-01 | by ( Vivian Wang | ) www.nytimes.com time to read: 1 min

For a long time during Shuang Xuetao’s early teenage years, he wondered what hidden disaster had befallen his family. His parents, proud workers at a tractor factory in the northeastern Chinese city of Shenyang, stopped going to work, and the family moved into an empty factory storage room to save money on rent. But they rarely talked about what had happened, and Mr. Shuang worried that some special shame had struck his family alone. The region had been China’s industrial heartland, but suddenly millions of laborers were left unemployed. Even today, the region, sometimes called China’s Rust Belt, has not fully recovered.

Persons: Shuang Xuetao’s Locations: Shenyang, China

☆ Fact Check: Video of burning aircraft predates November 4 attack at Pakistan air base
▼ + stars: | 2023-11-17 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

An old video of a dummy fighter jet set ablaze by supporters of former Pakistan Prime Minister Imran Khan in May 2023 in Mianwali, Pakistan, has been falsely captioned as showing scenes from a November 2023 attack at an air base in that city. A post on X (archived), formerly known as Twitter, shared the video on the day of the militant attack captioned: “Pak Airforce fighter jets up in flames. Meanwhile, Mianwali airbase attack still ongoing.” The video was also shared on Facebook (archived). Police arrested hundreds of supporters of ousted Prime Minister Imran Khan for violence following Khan's arrest on corruption charges in May, including attacks on state-owned buildings and vehicles. A video of a burning airplane is from protests in Mianwali, Pakistan, in May 2023, not from a militant attack in November.

Persons: Imran Khan, Read Organizations: Pakistan, Pakistan Air Force Training, Reuters, Twitter, “ Pak Airforce, Facebook, Hindustan Times, YouTube, Police, Thomson Locations: Mianwali, Pakistan, Shenyang

People wearing face masks wait at an intersection in Beijing's Central Business District (CBD), as the city is shrouded in smog, in China November 1, 2023. The weather in many parts of China had stayed stubbornly warm entering November, with cities in eastern and central provinces such as Shandong, Anhui, Jiangsu and Henan still logging temperatures above 30C. In tandem with the warm weather, smog has also shrouded Beijing and its surrounding areas for days. In coming days, temperatures across northern China are expected to drop sharply. Other cities such as Beijing, Zhengzhou, Jinan, Xian and Shijiazhuang will see a sudden decline of 10C to 15C.

Persons: REUTER, Tingshu Wang, Ethan Wang, Ryan Woo, Simon Cameron, Moore Organizations: Business, Rights, Beijing Daily, Xinhua, National Meteorological Center, Shanghai, Thomson Locations: China, Rights BEIJING, Beijing, Shandong, Anhui, Jiangsu, Henan, Hebei province, Shenyang, Changchun, Harbin, Zhengzhou, Jinan, Xian, Shijiazhuang

☆ China's fighter jet fleet is growing in size and appears to have made a big jump in capability, new Pentagon report shows
▼ + stars: | 2023-10-23 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

US Department of Defense released its annual China Military Power Report to Congress last week. The Chinese fighter jet fleet appears to have not only grown in size but, more importantly, also in overall capability. AdvertisementAdvertisementA new report from the Pentagon details China's expanding military power, including the growth of its fighter jet fleet, which appears to have also experienced a jump in capability. The Pentagon's report notes that China's fighter jet fleet has both expanded and apparently improved. CFOTO/Future Publishing via Getty ImagesExamples of China's fourth-generation fighter aircraft include the Chengdu J-10, Shenyang J-16, and Shenyang J-15.

Persons: —, Xi, Liu Dawei, they've, Matthew P, Funaiole Organizations: of Defense, China, Service, US Department of Defense, People's Liberation Army, PLA, PLA Air Force, PLA Navy, PLAN, PLAN Aviation, DoD, The Air Force, Air, Air Force Aviation University, CFOTO, Publishing, Getty, Shenyang J, 14th China International Aviation, Aerospace Exhibition, Pentagon, China Power Project, Center for Strategic, International Studies Locations: People's Republic of China, China, United States, Nanjing, Jiangsu province, Shanghai, Jiangsu, Zhejiang, Anhui, Jiangxi, Fujian, Chengdu, Shenyang, Chinese, Liaoning, Zhuhai, Guangdong Province, Xinhua, Russian

☆ In northeast China, Russian and Chinese firms ink deals from manufacturing to agriculture
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +2 min

Russian President Vladimir Putin shakes hands with Chinese President Xi Jinping during a meeting at the Belt and Road Forum in Beijing, China, October 18, 2023. Sputnik/Sergei Guneev/Pool via REUTERS/File Photo Acquire Licensing RightsBEIJING, Oct 23 (Reuters) - Chinese and Russian companies attending a regional conference in northeastern China signed a raft of cooperation deals on Monday in sectors ranging from manufacturing and logistics to e-commerce and agriculture, Chinese state media reported. The conference in Shenyang, the capital of Liaoning province, followed last week's meeting in Beijing between Russian President Vladimir Putin and China's President Xi Jinping. Russian local government officials, business representatives as well as nearly 800 Chinese companies hoping to enter the Russian market were attending the conference. In January to September, 40 Russian firms set up businesses in Liaoning, China's national broadcaster reported on Monday.

Persons: Vladimir Putin, Xi Jinping, Sergei Guneev, Xi, Ryan Woo, Ellen Zhang, Simon Cameron, Moore Organizations: Forum, Sputnik, Rights, West, China's, Chinese, Administration of Customs, Thomson Locations: Beijing, China, Rights BEIJING, Shenyang, Liaoning province, Russia, Ukraine, Liaoning, Heilongjiang, Jilin, Vladivostok, Russian, Zhoushan, Zhejiang

That adds to tech-related tensions between the West and China, which is one of Europe’s biggest trading partners and the world’s biggest auto market. Chinese EV makers are drawn to Europe because auto import tariffs are just 10% versus 27.5% in the U.S., independent auto analyst Matthias Schmidt said. MG — owned by SAIC Motor, China’s biggest automaker — is the largest Chinese EV player in Europe. One reason Chinese companies can offer high-quality cars at affordable prices stems from the rules to enter the Chinese market. Chinese EV makers, meanwhile, are trying to stand out in a crowded field.

Persons: Laima Springe, Janssen, “, ” Springe, I’m, ”, Matthias Schmidt, John Kirkwood, —, Kirkwood, Warren Buffett, Ursula von der Leyen, Alfa, China’s EVs, Carlos Tavares, we’re, Alexander Klose, ” Klose, Schmidt, Justin Nicholls, Nicholls Organizations: Volvo, Nissan, Skoda, Union, EV, Volkswagen Passat, Kia, MG, SAIC Motor, China’s, —, Lotus, Chinese Commerce Ministry, EU, World Trade Organization, Tesla’s, Peugeot, Citroen, Alfa Romeo, Fiat, Global, Wall Motors Locations: Copenhagen, Denmark, Europe, China, West, U.S, British, Western, France, Germany, Beijing, Shenyang, Shanghai, Israel

☆ It’s official: The era of China’s global dominance is over
▼ + stars: | 2023-10-15 | by ( Linette Lopez | ) www.businessinsider.com time to read: +19 min

We've reached the end of an era for the Chinese economy. Unless dramatic action is taken, the future of China's economy is looking less like a young dynamo and more like an old, slow-moving blob. A faltering Chinese economy will suppress demand for commodities like oil seeds and grain, hitting US farmers especially hard. For the US economy, China as a workshop is much more important than China as a consumer. Now that China's economic supercycle is over, that may be the cycle we're about to witness.

Persons: We've, Xi Jinping, Lee Miller, it's, Xi's, —, Xu Jiayin, Charlene Chu, Chu, Chu —, Victor Shih, Shih, that's, they're, Jinping, Zhang, Miller, It's, they'll, Chinese Communist Party that's, Anne Stevenson, Yang, isn't, Stevenson, Linette Lopez Organizations: Chinese Communist Party, CCP, Trust, Autonomous Research, Bloomberg, Autonomous, Century China Center, University of California, J Capital Research, Japan, Nike, Starbucks, Companies Locations: China, Beijing, Cities, Shanghai, It's, Shenyang, metropolises, Shenzhen, Europe, Wall, —, University of California San Diego, Middle Kingdom, Mexico, Vietnam, New York City, United States

☆ The Great China Boom is going bust
▼ + stars: | 2023-10-15 | by ( Linette Lopez | ) www.businessinsider.com time to read: +18 min

Unless dramatic action is taken, the future of China's economy is looking less like a young dynamo and more like an old, slow-moving blob. AdvertisementAdvertisementChinese President Xi Jinping has shifted the country's priorities from economic growth to a "technology and national-security race with the US." A faltering Chinese economy will suppress demand for commodities like oil seeds and grain, hitting US farmers especially hard. For the US economy, China as a workshop is much more important than China as a consumer. Now that China's economic supercycle is over, that may be the cycle we're about to witness.

Persons: We've, Xi Jinping, Lee Miller, it's, Xi's, —, Xu Jiayin, Charlene Chu, Chu, Chu —, Victor Shih, Shih, that's, they're, Zhang, Beijing's largess, Miller, It's, they'll, Chinese Communist Party that's, Anne Stevenson, Yang, isn't, Stevenson, Linette Lopez Organizations: Chinese Communist Party, CCP, Trust, Autonomous Research, Bloomberg, Autonomous, Century China Center, University of California, J Capital Research, Japan, Nike, Starbucks, WSJ, China, Companies Locations: China, Beijing, Cities, Shanghai, It's, Shenyang, metropolises, Shenzhen, Europe, Wall, —, University of California San Diego, Middle Kingdom, Mexico, Vietnam, New York City

☆ China's Golden Week: expected consumption boom disappoints
▼ + stars: | 2023-10-09 | by ( Laura He | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —China has concluded its Golden Week holiday on a muted note, with key travel and spending data showing weaker-than-expected recovery in consumption amid a wider economic slump. Before the holiday, the ministry had expected domestic travel to hit 896 million trips, and tourism spending to reach 782.5 billion yuan ($107 billion). According to the National Immigration Administration, on average 1.48 million people crossed the border every day during the Golden Week holiday. Weakness at the box officeChina’s box office hit multi-year lows during the holiday week. A recovery in domestic consumption not related to the Golden Week also fell short of expectations.

Persons: ” Goldman Sachs, Tesla, BYD Organizations: Hong Kong CNN, Ministry of Culture, Tourism, National Immigration Administration, Shenyang North Railway, Stringer, Getty, Citi, Entertainment, Tencent, China Passenger Car Association Sunday, CNN, EV Locations: China, Hong Kong, Beijing, China's, Liaoning, AFP, Tourism

For its part, North Korea appears to have treated his case as one of illegal immigration. North Korea's KCNA state news agency said King told Pyongyang he entered North Korea illegally because he was "disillusioned about unequal U.S. The Swedish government, which represents U.S. interests in North Korea because Washington has no diplomatic presence in the country, retrieved King in North Korea and brought him to China. The State Department said the U.S. ambassador to Beijing, Nicholas Burns, met King in Dandong, China, a city bordering North Korea. King, who joined the U.S. army in January 2021, faced two allegations of assault in South Korea.

Persons: Travis King, King, Fort Sam Houston, Brittney Griner, Travis T, Sarah Leslie, Handout, Nicholas Burns, Phil Stewart, Idrees Ali, Evan Garcia, Ed Davies, Neil Fullick, Toby Chopra Organizations: U.S . Army, Reuters, Base San, Fort, Brooke Army Medical Center, Russia, Security Area, REUTERS, Army, The State Department, Osan Air Force Base, U.S, South Korean, Thomson Locations: Texas, North Korea, U.S, Base San Antonio, Panmunjom, South Korea, Pyongyang, Swedish, Washington, China, Beijing, Dandong, Shenyang, United States, Korea

WASHINGTON/SEOUL, Sept 27 (Reuters) - Private Travis King, the U.S. soldier who ran into North Korea in July, is in U.S. custody and heading home after being expelled by North Korea into China, the United States said on Wednesday. For its part, North Korea appears to have treated his case as one of illegal immigration. North Korea's KCNA state news agency said King told Pyongyang he entered North Korea illegally because he was disillusioned about unequal U.S. Last month, it said that he wanted refuge in North Korea or elsewhere because of maltreatment and racial discrimination within the U.S. army. KING IN 'GOOD HEALTH'The Swedish government, which represents U.S. interests in North Korea because Washington has no diplomatic presence in the country, retrieved King in North Korea and brought him to China.

Persons: Travis King, King, KCNA, Matthew Miller, Nicholas Burns, Miller, Kim Hong, Jonathan Franks, Claudine Gates, Gates, Myron Gates, Fort Sam Houston, Brittney Griner, Hyonhee Shin, hyang Choi, Phil Stewart, Susan Heavey, Trevor Hunnicutt, Doina, Idrees Ali, Daphne Psaledakis Michael Martina, Humeyra Pamuk, David Brunnstrom, Brendan O'Brien, Johan Ahlander, Philippa Fletcher, Sharon Singleton, Bill Berkrot, Don Durfee, Daniel Wallis, William Maclean, Cynthia Osterman Organizations: North, The State Department, ., China . State Department, U.S, Osan Air Force Base, King, REUTERS, United States Army, ABC News, South Korean, Brooke Army Medical Center, Base San, Fort, Russia, Thomson Locations: WASHINGTON, SEOUL, U.S, North Korea, China, United States, Washington, Pyongyang, Swedish, Beijing, Dandong, Shenyang, South Korea, Sweden, Gijungdong, Panmunjom, Texas, Base San Antonio, Seoul, Chicago, Stockholm

☆ Slowing, Graying and in Debt, Can China’s Industrial Heartland Be Revived?
▼ + stars: | 2023-09-26 | by ( Keith Bradsher | More About Keith Bradsher | ) www.nytimes.com time to read: +1 min

Hundreds of workers at a factory in Shenyang in northeastern China weld automated machines, 95 yards long, that are used to bore subway tunnels. At another factory there, employees assemble robots that China’s solar panel makers will use to streamline their production. Shenyang is the capital of Liaoning Province, one of three large provinces in the northeast that constitute the cradle of China’s heavy industry. Now the central government, confronting a national economy that has slowed because of a real estate crisis that defies easy fixes, is turning to cities like Shenyang. Fewer people are buying new homes, apartment prices are falling and construction cranes are less active.

Locations: Shenyang, China, Liaoning Province, Beijing

☆ China's 1.4 billion population isn't enough to fill the country's empty homes, former official says
▼ + stars: | 2023-09-24 | by ( Marta Biino | ) www.businessinsider.com time to read: +3 min

A former Chinese official said the country's entire population couldn't fill its empty homes. He Keng said China's 1.4 billion population was likely insufficient to fill all its vacant houses. AdvertisementAdvertisementChina has long relied on real-estate development as a safe investment to bolster economic growth. Today, farmers have taken over the ghost town, plowing the land and letting cattle roam free around the empty mansions. But by 2016, its population was only around 100,000, and it has been described as "the largest ghost town in the world."

Persons: Keng, Evergrande, that's, Li Gan, Shenyang . Jade Gao Organizations: Service, Reuters, China News Service, Texas, M University, Greenland Group, Getty, Nikkei Locations: China, Wall, Silicon, France, City's, Shenyang, Shenyang ., AFP, Mongolia, Inner Mongolia, Ordos, Nikkei Asia

☆ More Chinese cities lift home-buying curbs to revive demand
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Thomas Peter/File Photo Acquire Licensing RightsBEIJING, Sept 11 (Reuters) - Two major cities in eastern China lifted all curbs on home purchases and selling on Monday, joining several other cities in dropping restrictions to attract buyers and revive a largely frozen property market. Qingdao previously limited the number of homes that could be purchased in two districts. Last week, three cities - Nanjing in eastern Jiangsu province and Dalian and Shenyang in northeastern Liaoning province - became the first group of big cities to eliminate curbs on home buying. Smaller Chinese cities, whose property markets tend to have a larger share of their local economies, have already begun dismantling curbs. Jiaxing city, a relatively small city in the eastern province of Zhejiang, announced it would lift all curbs in the city in late August, according to a local media report.

Persons: Thomas Peter, Albee Zhang, Ryan Woo, Neil Fullick, Emelia Organizations: REUTERS, Rights, Thomson Locations: Beijing, China, Rights BEIJING, Jinan, Qingdao, China's, Shandong, Nanjing, Jiangsu, Dalian, Shenyang, Liaoning, Jiaxing, Zhejiang

☆ Three Chinese cities lift house-buying curbs
▼ + stars: | 2023-09-10 | by ( ) www.reuters.com time to read: +1 min

People walk along Nanjing Pedestrian Road, a main shopping area, following the outbreak of the coronavirus disease (COVID-19), in Shanghai, China May 10, 2021. REUTERS/Aly Song/File Photo Acquire Licensing RightsBEIJING, Sept 10 (Reuters) - At least three major Chinese cities last week removed restrictions on home buying, as the Asian giant gradually rolls back a crackdown on the property sector in a bid to revive its economy. These announcements come on the heels of a series of nationwide support measures for the property sector, including lower mortgage rates for first-time homebuyers. China's debt-riddled property sector accounts for one-quarter of the state's economic activity. It had been on a downward spiral since 2021 when the government moved to stop developers from accumulating debt.

Persons: Aly, Yew Lun, Michael Perry Organizations: REUTERS, Rights, Thomson Locations: Nanjing, Shanghai, China, Rights BEIJING, Dalian, Shenyang, Liaoning, Jiangsu

☆ Xiaomi revenue drops but EV strategy ahead of schedule
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +2 min

Sales dropped to 67.4 billion yuan ($9.2 billion) from 70.17 billion in the same quarter a year earlier, but beating analysts' estimates of 65.13 billion. Net income rose to 5.14 billion yuan over the period, an increase of 147% from 2.08 billion yuan a year earlier, also beating expectations. "Despite the macroeconomic headwinds in the global market we continue to expand our footprint," Xiaomi President Lu Weibing said on an earnings call. Lu said the company's plans to start mass production of EVs in the first half of 2024 remains unchanged. "Our current progress is ahead of expectations and of the original production schedule," he said.

Persons: Lu Weibing, Lu, Stringer, Canalys, David Kirton, Mo Yelin, Louise Heavens, David Holmes Organizations: Xiaomi Corp, HK, REUTERS, Reuters, Thomson Locations: SHENZHEN, China, Shenyang, Liaoning province, India, Shenzhen, Mo, Beijing

[1/5] Workers walk out of a construction site of residential buildings by Chinese developer Country Garden, in Tianjin, China August 18, 2023. Both sites are run by Country Garden, China's largest developer by sales volume before this year, now mired in a debt crisis threatening to spill over to the wider economy. Once considered one of the more financially sound developers, Country Garden is now a bellwether of how the cycle has turned for developers. Country Garden built its success by quickly selling a large number of units for low margins and by promising "five-star living" in less popular, smaller cities. Tianjin has about a dozen Country Garden projects, with the majority finished and delivered, said Gao Fei, investment advisory manager at the Tianjin branch of Centaline Property Agency.

Persons: Tingshu Wang, Wang, Wei, Gao Fei, Gao, Laurie Chen, Clare Jim, Sumeet Chatterjee, Sonali Paul Organizations: Workers, REUTERS, Rights, Reuters, Construction, Nomura, Centaline Property Agency, Thomson Locations: Tianjin, China, Rights TIANJIN, HK, Beijing, Shenyang Tengyue, Centaline, Hong Kong

☆ Chinese coach fined, banned for eight months for slapping referee
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +2 min

BEIJING, Aug 2 (Reuters) - A Chinese soccer coach who slapped a referee on the side of his head during a second tier match last month has been handed an eight-month match ban and fined 150,000 yuan ($20,905), the Chinese football association (CFA) said on Wednesday. For this he is "prohibited from entering the sports stadium for matches for a period of eight months" and fined 150,000 RMB, it added. "The Chinese Football Association will strictly and resolutely handle all kinds of violations of rules and discipline in accordance with the provisions of the Disciplinary Code of the Chinese Football Association, in order to purify the atmosphere of the game. "We hope that all parties involved will work together to maintain order on the field and preserve the hard-earned development environment of football." ($1 = 7.1754 Chinese yuan renminbi)Reporting by Martin Quin Pollard Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

Persons: Duan Xin, Martin Quin Pollard, Christian Radnedge Organizations: Liaoning, Chinese Football Association, CFA, Thomson Locations: BEIJING, Chinese, Nanjing

☆ Check out a ghost town of deserted Chinese mega-villas built for multimillionaires that's now overrun by farmers and left to rot
▼ + stars: | 2023-07-24 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +6 min

Chinese farmers have moved into a cluster of abandoned villas in China to grow crops and rear cattle. Jade Gao/AFP via Getty ImagesThe half-built villas are now overrun by local farmers, who plow the land and plant crops on the overgrown lawns of abandoned villas. Local farmers now plow the land of the abandoned development. Jade Gao/AFP via Getty ImagesThe insides of the buildings look post-apocalyptic too, like shots straight out of "The Last of Us." Shenyang's ghost villas are just one of many "rotten" real estate projects across China's urban landscapeThe interior of a deserted housing sales building.

Persons: Jade Gao, —, riche, Guo, who's, Li Gan, Gan Organizations: Twitter, Service, AFP, Greenland Group, Getty, Getty Images, Texas, M University, Survey, Research Center, China Household Finance, Chengdu's Southwestern University of Finance, Economics Locations: China, AFP, Weibo, Wall, Silicon, Shenyang, China's, Liaoning province, Greenland, Evergrande, Li

☆ BYD seeks nod for $1 billion plan to build EVs and batteries in India
▼ + stars: | 2023-07-14 | by ( ) www.cnbc.com time to read: +2 min

China's BYD Co has submitted a $1 billion investment proposal to build electric vehicles and batteries in India in partnership with a local company, three people with direct knowledge of the plan told Reuters. The longer-term plan is to build a full line-up of BYD-brand EVs in India from hatchbacks to luxury models, one of the three people said. BYD, the world's largest producer of EVs and plug-in hybrid vehicles, did not immediately respond to a request for comment. If the India investment is approved, it would give BYD a presence in all major global car markets with the exception of the United States. The investment proposal also includes a plan by BYD and Megha to set up charging stations in India and build research and development and training centres, the sources said.

Persons: China's BYD, BYD, Tesla, EVs Organizations: Auto, Reuters, BYD Locations: Shenyang, Liaoning Province of China, India, Hyderabad, hatchbacks, United States

CNN —For nearly 13 million high school students across China, Wednesday marks a day that could make or break their plans for college and the increasingly competitive job market beyond. A high score in the two-day “gaokao” college entrance exam is the only way to get into the country’s top universities, and most Chinese students only get one shot at the grueling test, unlike US students who can take the SAT several times. A user on Douyin, China’s version of TikTok, recalled taking the gaokao in 2000 when there were only about 3.75 million other test takers. The urban unemployment rate for 16- to 24-year-olds hit a record high of 20.4% in April, according to data released by the National Bureau of Statistics. And the rate could increase further, as a record 11.6 million college students are set to graduate this year.

Persons: gaokao, ”, TikTok, Fu Linghui, Xi Jinping’s Organizations: CNN, Getty, Authorities, Times, National Bureau of Statistics, NBS Locations: China, Shenyang, honking

☆ The stealth F-22 Raptor's days are numbered, and the Air Force is officially looking for designs for the fighter jet's next-gen replacement
▼ + stars: | 2023-05-18 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

The Air Force is officially seeking designs for the next-gen fighter to replace the F-22 Raptor. "We will lose that edge if we don't move forward now," Frank Kendall, Air Force secretary, said. "No one does this better than the US Air Force, but we will lose that edge if we don't move forward now." There are two of these sixth-generation projects currently underway, one for the Air Force and the other for the Navy. The Air Force has pushed for the retirement of some earlier F-22s, but it has received pushback from Congress.

☆ Korean player held in China on suspicion of bribery - diplomatic source
▼ + stars: | 2023-05-15 | by ( ) www.reuters.com time to read: +1 min

[1/2] Soccer Football - FIFA World Cup Qatar 2022 - Round of 16 - Brazil v South Korea - Stadium 974, Doha, Qatar - December 5, 2022 Brazil's Raphinha in action with South Korea's Son Jun-ho... Read moreBEIJING, May 15 (Reuters) - South Korean soccer player Son Jun-ho has been detained in China on suspicion of bribery, a Korean diplomatic source said on Monday. Son was detained on Friday, the source told Reuters. Son is an international player who represents Chinese Super League club Shandong Taishan, based in the northeastern province of Shandong. Son was currently in the custody of the Liaoning Public Security Department, which alleges that Son bribed a "non-government official", according to an official at South Korea's consulate-general in Shenyang. Reporting by Eduardo Baptista, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.

☆ Deel Speed: The inside story of a $12 billion HR startup's breakneck growth
▼ + stars: | 2023-03-20 | by ( Rob Price | ) www.businessinsider.com time to read: +32 min

Insider spoke with more than 30 current or former Deel workers about the HR company's extraordinary rise, and the unconventional tactics that made it possible. "I think if you talk to anyone, they would say that Alex is the face but all decisions run through Phillipe," one former Deel worker told Insider. "They lose every employment and labor protection," Valerio De Stefano, a professor at Osgoode Hall Law School, said of independent contractors. Alex Bouaziz, Deel on Centre Stage during day two of Collision 2022 at Enercare Centre in Toronto, Canada. The company didn't have an internal human-resources team until sometime in 2021, by which point it had grown to hundreds of people.

☆ A Chinese city is offering couples almost $2,900 to have a third child and some others are giving newlyweds paid marriage leave to help boost the birth rate
▼ + stars: | 2023-02-24 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

The Chinese city of Hangzhou is giving $2,900 to parents welcoming a third child this year. Some other cities are giving almost 30 days of marriage leave to boost the birth rate. Meanwhile, the northeastern city of Shenyang is offering subsidies of up to $72 a month till a child is three years old. Chinese employees are typically entitled to three days of paid marriage leave. The push for babies comes after China's population started shrinking for the first time in six decades.

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