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☆ Chinese celebrity chef vows to never cook egg fried rice again after nationalist backlash
▼ + stars: | 2023-11-30 | by ( Nectar Gan | ) edition.cnn.com time to read: +8 min

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

☆ Evergrande shares fall 20% to all-time low as court adjourns winding-up hearing
▼ + stars: | 2023-10-30 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Pictured here on Sept. 7, 2023, are residential buildings under construction at the Tao Yuan Tian Jing project, developed by Evergrande in Yangzhou, China. Shares of embattled Chinese property Evergrande hit an all-time low of 18.8 Hong Kong cents (2.4 U.S. cents) after a Hong Kong judge delayed the court hearing to wind-up its business. Evergrande's shares plunged over 20% from last Friday's close of 23.6 Hong Kong cents to the all-time low early Monday, before recovering slightly to 22.2 Hong Kong cents. Reuters reported that Justice Linda Chan from Hong Kong's High Court pushed back the hearing from Oct. 30 to Dec. 4, which would be the last before a decision is made on the winding up order. Evergrande must come up with a revised restructuring proposal before that date, or the company will likely to be wound up, she said.

Persons: Yuan Tian Jing, Linda Chan Organizations: Evergrande, Hong, Reuters, Court Locations: Yangzhou, China, Hong Kong, Hong Kong's

☆ Shares of Evergrande have been suspended amid reports its chairman is under surveillance
▼ + stars: | 2023-09-28 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +2 min

Shares of Evergrande were suspended on Thursday, Hong Kong's exchange announced. Seen here are residential buildings under construction at the Tao Yuan Tian Jing project, developed by China Evergrande Group, in Yangzhou, China. Bloomberg | Getty ImagesShares of China Evergrande Group were suspended on Thursday, Hong Kong's exchange announced. Evergrande shares last closed at 32 Hong Kong cents on Wednesday. Operating loss stood at 11.72 billion yuan, down from 39.36 billion in the first half of 2022.

Persons: Hong Kong's, Yuan Tian Jing, Evergrande Organizations: China Evergrande Group, Bloomberg, Getty, China Evergrande, Bloomberg News, Hong, Trading, Reuters Locations: Yangzhou, China, Hong Kong, —, Hengda, U.S

☆ China's property slump worsens, clouding recovery prospects
▼ + stars: | 2023-09-15 | by ( ) www.cnbc.com time to read: +1 min

Residential buildings under construction at the Tao Yuan Tian Jing project, developed by China Evergrande Group, in Yangzhou, China, on Thursday, Sept. 7, 2023. Speculative bets that Chinese authorities will widen support for the property sector sent some of the country's ailing developers surging by the most on record. A slump in China's property sector worsened in August, with deepening falls in new home prices, property investment and sales, despite a recent flurry of support measures, adding pressure to the world's second-largest economy. For August, property investment fell for the 18th straight month, down 19.1% year-on-year from a 17.8% slump the previous month, separate data showed on Friday. Home sales are down for the 26th consecutive month, according to Reuters calculations based on the data.

Persons: Yuan Tian Jing Organizations: China Evergrande Group, National Bureau, Statistics Locations: Yangzhou, China, Beijing

[1/3] The sign outside the Sam's Club is seen at its store in Shanghai, China July 12, 2023. The membership stores are also gaining ground amid a sales decline in China's hypermarket sector, which struggled with a shift towards online purchases during the pandemic. The club warehouse format "is the only bright spot," said Derek Deng, who leads Bain & Company's consumer products practice in greater China. "Sam's Club are doing well. But Sam's Club was ultimately confident it is currently miles ahead, one of the people said.

Persons: Aly, Liu Zheng, lockdowns, Derek Deng, Bain, Kantar Worldpanel, Judith McKenna, Bain's Deng, Christina Zhu, Sophie Yu, Brenda Goh, Jamie Freed Organizations: Sam's, REUTERS, Sam's Club, Costco, Walmart, HK, Freshippo, Carrefour, Yonghui, Bain, Reuters Graphics, Reuters, Sun, Retail, M, Beijing Yaodi Agriculture, M Club, Thomson Locations: Shanghai, China, BEIJING, Beijing, U.S, United States, Carrefour China, Peking, Yangzhou, Lanzhou, Sam's

☆ China's economic data misses expectations as economy continues to show uneven recovery
▼ + stars: | 2023-05-16 | by ( Jihye Lee | ) www.cnbc.com time to read: +1 min

YANGZHOU, CHINA - MAY 02: Aerial view of tourists visiting the Dongguan street during the May Day holiday on May 2, 2023. China's economic data for April broadly missed expectations as the economy continued to show an uneven path of recovery from the impact of its stringent Covid restrictions. Industrial production for April rose by 5.6% year-on-year, compared to the 10.9% expected by economists surveyed in a Reuters poll. "It's not good enough to meet with investors' expectations – that's a problem," Wu said, adding that the momentum from China's pent-up demand seems to be fading away. "The recovery of income, of job security, and confidence will take time," she said.

☆ Consumers in China are dining at nicer restaurants — even if it costs $500 a person
▼ + stars: | 2023-05-05 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Despite the Covid-19 pandemic, a brand called Lu Style opened four new restaurants in the last three years in Beijing and Shanghai. Since Lu Style launched in 2016, more people no longer focus on just being able to eat, said Tian Junfeng, director of operations. Tian said Lu Style will be focused on improving customer service in the coming months. The 2023 rankings selected 304 restaurants — most of which were in China, including Lu Style. Two Lu Style locations have one Michelin star each, and the France-based guide includes more than 400 restaurants in mainland China.

☆ Late Chinese leader Jiang Zemin's ashes are scattered at mouth of Yangtze River
▼ + stars: | 2022-12-11 | by ( ) www.reuters.com time to read: +1 min

BEIJING, Dec 11 (Reuters) - The ashes of late Chinese leader Jiang Zemin were scattered into the sea at the mouth of the Yangtze River on Sunday, the state-run Xinhua news agency said. After arriving in Shanghai, the ashes were taken by hearse to the Wusong military port. Then Jiang's relatives escorted the ashes aboard the Yangzhou, a Chinese People's Liberation Army warship which was named after Jiang's hometown Yangzhou, Xinhua said. At the mouth of the Yangtze River, Jiang's widow Wang Yeping and other relatives, as well as Cai Qi, a senior Communist Party member, slowly scattered Jiang's ashes and colourful flower petals to the river and sea, it said. "Comrade Jiang Zemin devoted his life unreservedly to the motherland and the people," Xinhua said.

☆ China to Bid Farewell to Jiang Zemin While Tapping Down Public Expression
▼ + stars: | 2022-12-01 | by ( Chun Han Wong | ) www.wsj.com time to read: 1 min

Mourners left bouquets outside the old home of former Chinese leader Jiang Zemin in Yangzhou. HONG KONG—China said it would hold a ceremonial send-off for its late former leader Jiang Zemin in Beijing early next week, as authorities enforced a somber tone across online and public spaces as part of the official mourning. In a Thursday notice, an official committee overseeing Mr. Jiang’s death rites said senior Communist Party and government leaders, lawmakers and military officials will conduct a memorial service on the morning of Dec. 6 at Beijing’s Great Hall of the People.

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