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☆ Chinese climbers stuck on cliff for more than an hour due to overcrowding
▼ + stars: | 2024-05-07 | by ( Lilit Marcus | Wayne Chang | ) edition.cnn.com time to read: +2 min

Earlier this week, groups of travelers climbing Yandang Mountain in eastern China were stuck partway up a cliff, clinging to a rope along a fixed climbing route, for more than an hour. Someone like me afraid of heights might just wet myself up there!” wrote one Chinese online commenter. Wenzhou Dingcheng Sports Development Co., Ltd, which manages the via ferrata, said it had underestimated the number of people interested in climbing the mountain. Yandang Mountain is about 410 km (255 miles) south of Shanghai, in Zhejiang province, and is 1150 meters (3,773 feet) high. A popular site for holidaymakers in China, Yandang Mountain was submitted for UNESCO World Heritage site designation in 2001 and remains on the tentative list.

Persons: Everest, rungs, ”, I’m Organizations: CNN, Sports Development Co, Labor, UNESCO Locations: China, Wenzhou, Shanghai, Zhejiang province

☆ Watch Cannes and Sundance winner ‘Will You Look at Me’ - The New York Times
▼ + stars: | 2024-05-07 | by ( Shuli Huang | ) www.nytimes.com time to read: +1 min

When the filmmaker Shuli Huang made the diarylike documentary above, he was struggling to find his place in the world. As his life and study in New York City were put on pause during the pandemic, Shuli returned to his hometown Wenzhou, China. As his need to discuss his truth became overwhelming, Shuli turned the camera on himself and his family. Shuli Huang is a Chinese writer, director and cinematographer based in New York. “Will You Look at Me” won the 2022 Golden Horse Award for best documentary short film, the Queer Palm for best short film at the 2022 Cannes Film Festival and the 2023 Sundance Film Festival’s nonfiction short award.

Persons: Shuli Huang, Shuli, he’d, ”, Huang Locations: New York City, Wenzhou, China, Chinese, New York

☆ Donald Trump's Truth Social has crashed 70% from its peak — and experts say the meme stock may fall further
▼ + stars: | 2024-04-17 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Donald Trump's meme stock has plunged by 70% from its peak last month. Trump Media & Technology Group, which owns Truth Social, soared after it went public. AdvertisementDonald Trump's meme stock skyrocketed in March but has now crash-landed. Advertisement"Given Donald Trump's substantial fanbase, particularly during election cycles, he could wield significant influence over specific stocks, such as Truth Social stock," he said. The sharp rise in Truth Social price will definitely be a short-run phenomenon because it is not fully backed by fundamentals."

Persons: Donald Trump's, —, Donald, Trump, Michele Costola, Costola, Imran Yousaf, Warren Buffett, Yousaf, it's, TMTG, they'll, Devin Nunes Organizations: Trump Media & Technology Group, Service, Bloomberg, Foscari University of Venice, Kean University, GameStop Locations: Tuesday's

☆ China's population decline likely won't be solved by throwing money at its citizens, an expert on China says
▼ + stars: | 2024-02-01 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

China's ruling party introduced a "three-child policy" in 2021, welcoming families to have more than two children. A solution for China's demographic crisis likely won't come through a few policy initiatives, Wang argued. The law was introduced, in part, as an effort to boost the country's birth rate. Taiwan has so far invested $3 billion in implementing programs to get more citizens to have children, The Los Angeles Times reported. This is a "global shift," Wang told BI.

Persons: —, Wang Feng, Wang, BI's Huileng Tan, China's, Ethan Michelson, Michelson Organizations: Service, country's National Bureau, Statistics, Business, University of California, Communist Party, Chinese Community Party, Ethan Michelson , Indiana University Bloomington's, East Asian, BI, Los Angeles Times Locations: country's, China, Irvine, Hangzhou, East China, Wenzhou, Ethan Michelson ,, Seoul, South Korea, Italy, Taiwan

☆ China is facing a brutal reality as it desperately tries to fix its population decline problem
▼ + stars: | 2024-02-01 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

China's population fell for a second consecutive year as the birth rate reached a record low. AdvertisementFor the second year in a row, China's population fell. But still, the Chinese population — young people, in particular — did not bite. The law was introduced, in part, as an effort to boost the country's birth rate. This is a "global shift," Wang told BI.

Persons: —, Wang Feng, Wang, BI's Huileng Tan, China's, Ethan Michelson, Michelson Organizations: Service, country's National Bureau, Statistics, University of California, Communist Party, Chinese Community Party, Ethan Michelson , Indiana University Bloomington's, East Asian, BI, Los Angeles Times Locations: country's, China, Irvine, Hangzhou, East China, Wenzhou, Ethan Michelson ,, Seoul, South Korea, Italy, Taiwan

☆ Four killed in building collapse in China's Wenzhou city
▼ + stars: | 2023-11-12 | by ( ) www.reuters.com time to read: +1 min

BEIJING, Nov 12 (Reuters) - Four people were killed when a building collapsed in China's Wenzhou city, state media outlet CCTV reported on Sunday. The collapse occurred on Saturday during renovation of the building, and the casualties were all construction workers, CCTV reported, adding that continuous rain had hampered rescue work. The accident in the eastern city follows several similar incidents recently, including the collapse of a gym in heavy snow in the northeast province of Heilongjiang last week, which killed three. In July, 11 people were killed when the roof of a school gym caved in during intense rain, also in Heilongjiang province, drawing criticism by media. Authorities said construction materials illegally stacked on the roof may have caused the collapse, Xinhua reported.

Persons: Andrew Hayley, Ziyi Tang, Robert Birsel Organizations: Authorities, Xinhua, Weibo, Thomson Locations: BEIJING, China's Wenzhou, Heilongjiang, Heilongjiang province

☆ Four Killed in Building Collapse in China's Wenzhou City
▼ + stars: | 2023-11-11 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +1 min

BEIJING (Reuters) - Four people were killed when a building collapsed in China's Wenzhou city, state media outlet CCTV reported on Sunday. The collapse occurred on Saturday during renovation of the building, and the casualties were all construction workers, CCTV reported, adding that continuous rain had hampered rescue work. The accident in the eastern city follows several similar incidents recently, including the collapse of a gym in heavy snow in the northeast province of Heilongjiang last week, which killed three. In July, 11 people were killed when the roof of a school gym caved in during intense rain, also in Heilongjiang province, drawing criticism by media. Authorities said construction materials illegally stacked on the roof may have caused the collapse, Xinhua reported.

Persons: Andrew Hayley, Ziyi Tang, Robert Birsel Organizations: Authorities, Xinhua, Weibo Locations: BEIJING, China's Wenzhou, Heilongjiang, Heilongjiang province

Alibaba's Taobao and Tmall Group did not respond to a request for comment. This year's Singles Day event is also the first since Alibaba Group split into six business units. This view is supported by recent polls on social media where the majority of respondents said Singles Day was no longer necessary. Meara He, a 21-year-old student from Wenzhou, says she often shops using Douyin live-streams and this year, "doesn't care" about Singles Day as much. "In the past I would wait for Double 11 (Singles Day) and do some shopping, but this time I just plan to buy products that I need," she said.

Persons: Alibaba, Pinduoduo, Josh Gardner, Alibaba's, Ashley Dudarenok, AlixPartners, Douyin, Melody Zhao, Casey, Sophie Yu, Brenda Goh Organizations: PDD Holdings, Kungfu, Tmall, Administration, Market, ByteDance, Alibaba, Suisse, Industry, Hua Gui Food Group, Casey Hall, Thomson Locations: SHANGHAI, HK, China, Wenzhou, Shanghai, Beijing

The individuals' accounts varied but were consistent in describing heightened scrutiny of overseas travel even after China reopened borders in January. Reuters is reporting these measures and the scope of some post-COVID travel curbs for the first time. NEW LIMITSRestrictions on personal foreign travel have long applied to senior government officials and state executives with access to confidential information. MAPPING CONNECTIONSChinese authorities are also scrutinising personal foreign ties, according to a document seen by Reuters, one of the 10 people who discussed travel curbs and three other state-enterprise workers with knowledge of the matter. Thomas said the travel curbs in particular would have implications for China's interactions with the world.

Persons: Carlos Garcia Rawlins, Xi, Neil Thomas, Thomas, Wang Zhi'an, Engen Tham, Julie Zhu, Kane Wu, Xie Yu, Martin Quin Pollard, David Crawshaw, Vidya Ranganathan Organizations: REUTERS, Rights, Reuters, Asia Society, Center for, State, Information Office, Communist Party, China Construction Bank, China Development Bank, National Council for Social Security Fund, Municipal Eco, Communist, Communist Youth League, Ministry of State Security, U.S . Central Intelligence Agency, CIA, Beijing, Thomson Locations: China, Beijing, Rights SHANGHAI, HONG KONG, Center for China, Washington, Shanghai, Zhejiang, Hong Kong, Singapore, Ningbo, Wenzhou, Japan, Italy

☆ 5 ways China's trying to get people to have more babies — from cash incentives to cracking down on the 'bride price'
▼ + stars: | 2023-10-05 | by ( Huileng Tan | ) www.businessinsider.com time to read: +6 min

In 2022, China's population started shrinking for the first time in six decades. The push for marriage and babies comes after China last year saw a record low of 6.83 million marriages registered. Here's how China has tried to get its people to have more babies over the past two years. Wenzhou, a city in southeast China, is offering would-be parents up to 3,000 yuan in subsidies per child. In August, a county in eastern China started offering couples 1,000 yuan in cash if the bride was 25 years old or younger, according to a post on its official WeChat account.

Persons: —, Trip.com Organizations: Service, United Nations, Technology, QiaoYin City Management, China Women's Federation, Authorities, Bloomberg Locations: China, Hangzhou, East China, Wenzhou, Shanghai, Shanxi, Beijing, Zhejiang, Provinces, skewing, Jiangxi, Hebei —, Sichuan, Western China

China operates talent programs at various levels of government, targeting a mix of overseas Chinese and foreign experts. China has previously said its overseas recruitment through the TTP aimed to build an innovation-driven economy and promote talent mobility, while respecting intellectual property rights, according to the state-run Xinhua news agency. It said that anyone who recommends a candidate who is then selected for the talent programs would receive "diamonds, bags, cars, and houses". In some cases, these people said, those experts will be offered roles at Chinese chip companies' overseas operations. ($1 = 7.1475 Chinese yuan renminbi)Reporting by Julie Zhu, Fanny Potkin, Eduardo Baptista and Michael Martina; editing by David CrawshawOur Standards: The Thomson Reuters Trust Principles.

Persons: Florence Lo, Xi Jinping, Qiming, Dean Boyd, Nick Marro, Chen Biaohua, Chen, Ma Yuanxiao, Dawei Di, Di, Zhuji, Julie Zhu, Fanny Potkin, Eduardo Baptista, Michael Martina, David Crawshaw Organizations: REUTERS, Washington, Reuters, China, Ministry of Industry, Information Technology, U.S . Commerce Department, Xinhua, Ministry of Science, Technology, U.S, government's National Counterintelligence and Security Center, Economist Intelligence, China Center for Information Industry Development, China Semiconductor Industry Association, Qiming, Massachusetts Institute of Technology, Harvard, Stanford, HK, LinkedIn, Hangzhou Juqi Technology, Fortune, Beijing Institute of Technology, BIT's School of Integrated Circuits, Electronics, Britain's University of Nottingham, University of Hong, BIT, Communist Party's Organization Department, Zhejiang University, Communist Party, Thomson Locations: China, HONG KONG, SINGAPORE, WASHINGTON, U.S, China's, Qiming, Beijing, Hangzhou, ResearchGate, University of Hong Kong, Ma, Zhejiang, Wenzhou, Cambridge

☆ Factbox: China's incumbent and upcoming LNG traders
▼ + stars: | 2023-08-21 | by ( Chen Aizhu | ) www.reuters.com time to read: +5 min

A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. Below is a list of China's main gas traders and their operations globally, according to information from company sources and traders. In May, PCI became the first Chinese firm to gain long-term access to gas storage at a European gas terminal. CNOOC also plans to create a London desk in the coming year or two, following PCI and Unipec. Sumitomo Corp (8053.T), which has a desk to trade piped gas in London is considering expanding into LNG trading, said a company spokesperson.

Persons: Issei Kato, Keith Martin, Wang Bingsi, CNOOC, Norinco, ENN, Chen Aizhu, Yuka Obayashi, Florence Tan, Tom Hogue Organizations: REUTERS, Rights, PetroChina International, PCI, London, Gazprom, China National Offshore Oil Company, Gas Co, ENN, LNG, Beijing Gas, Zhejiang Energy, Zhejiang Energy Zhejiang Energy, Exxon Mobil, Mexico, China Gas Holding, China Gas, JOVO Energy, Privately, SOUTH, Mitsubishi Corp, Marubeni Corp, Tokyo Gas, Korea's SK E, Sumitomo Corp, Thomson Locations: Futtsu, Tokyo, Japan, London, Singapore, Beijing, Dubai, Houston, Sinopec, China, Jiangsu province, ENN, U.S, Hebei, Shenzhen, CNOOC, Zhejiang Energy Zhejiang, Zhejiang, Ningbo, Wenzhou, Zhejiang province, HK, Guangxi province, Yantai, Shandong province, Guangdong, Guangzhou, JAPAN, SOUTH KOREA, Asia

☆ ChatGPT: Chinese police detain man for allegedly using it to spread rumors online
▼ + stars: | 2023-05-09 | by ( Chris Lau | ) edition.cnn.com time to read: +3 min

According to a statement from police in the northwest province of Gansu, the suspect allegedly used ChatGPT to generate a bogus report about a train crash, which he then posted online for profit. ChatGPT, developed by Microsoft (MSFT)-backed OpenAI, is banned in China, though internet users can use virtual private networks (VPN) to access it. State broadcaster CGTN says it was the country’s first arrest of a person accused of using ChatGPT to fabricate and spread fake news. Formally known as deep synthesis, deep fake refers to highly realistic textual and visual content generated by artificial intelligence. The new legislation bars users from generating deep fake content on topics already prohibited by existing laws on China’s heavily censored internet.

Hong Kong CNN —A Taiwan political activist has been formally arrested on suspicion of “secession” in China, more than eight months after he was detained amid heightened tensions across the Taiwan Strait. Taiwan’s Mainland Affairs Council said they had repeatedly reached out to mainland authorities about Yang’s detention but had not received a direct response. In 2019, he became the vice chairman of the Taiwan National Party, a fringe political party advocating Taiwan independence. Handcuffed and escortedCCTV said Yang had long advocated the idea of “Taiwan independence” and founded the Taiwan National Party to push for Taiwan to become an independent, sovereign country and a member state of the United Nations. However, Taiwan’s Mainland Affairs Council reminded Taiwan citizens to evaluate the risks before traveling to mainland China, citing the “repeated occurrence of similar cases recently,” without elaborating on the incidents.

[1/4] China's newly-elected Premier Li Qiang takes an oath after being elected during the fourth plenary session of the National People's Congress (NPC) at the Great Hall of the People in Beijing, China on March 11, 2023. Previously the Communist Party chief in Shanghai, Li was confirmed as premier during the National People's Congress, charged with managing the world's second largest economy. "Officials know that Li Qiang is Xi Jinping's guy," he said. "He clearly thinks that Li Qiang is a very competent person and he has put him in this position because he trusts him and he expects a lot of him." American author Robert Lawrence Kuhn, who met Li and Xi together in 2005 and 2006, said the two shared an easy rapport.

Previously the Communist Party chief in Shanghai, Li is poised to be confirmed as premier on Saturday during the ongoing National People's Congress, charged with managing the world's second largest economy. Trey McArver, co-founder of consultancy Trivium China, said Li is likely to be much more powerful than his predecessor. "Officials know that Li Qiang is Xi Jinping's guy," he said. "He clearly thinks that Li Qiang is a very competent person and he has put him in this position because he trusts him and he expects a lot of him." American author Robert Lawrence Kuhn, who met Li and Xi together in 2005 and 2006, said the two shared an easy rapport.

☆ 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.

Now, as the virus sweeps through a country of 1.4 billion people who lack natural immunity having been shielded for so long, there is growing concern about possible deaths, virus mutations and the impact, again, on the economy. Beijing reported five COVID-related deaths on Tuesday, following two on Monday which were the first fatalities reported in weeks. Authorities have also been racing to build so-called fever clinics, facilities where medical staff check patients' symptoms and administer medicines. In the past week, major cities including Beijing, Shanghai, Chengdu, and Wenzhou announced they had added hundreds of fever clinics, according to government WeChat accounts and media reports. A survey by World Economics showed on Monday China's business confidence fell in December to its lowest since January 2013.

In sparse comments on workplace conditions, however, national health officials have urged that high-risk areas should be much more narrowly defined, while production or business operations continue elsewhere. As he stockpiles medicines against such an eventuality, he has told staff to follow new guidelines to stay home if they got infected, in which case he plans to pay them half their wages. To avoid disruption from any infections, Yang initially considered shutting the factory early ahead of the Lunar New Year, but ultimately set aside that option. In Beijing, some state firms and banks are grouping staff into teams to ensure work continues despite any outbreak, sources told Reuters. "I am confident it will be a mess for about 3 months," saidthe firm's executive vice president, Renaud Anjoran.

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