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The top US diplomat landed in Shanghai where he is expected to meet local officials and business leaders, and he will then travel to Beijing for meetings with senior Chinese officials. “We are in a different place than we were a year ago when the bilateral relationship was at an historic low point,” a senior State Department official said. “Russia is no longer kind of on its back foot,” a second senior State Department official said. Blinken will make the case that China should weigh in “more directly” with Iran to be less provocative in the region, the second senior State Department official said. “In both cases the Chinese have taken some early steps,” said the second senior State Department official, adding that there is still “much more” that needs to be done on both fronts.

Persons: Antony Blinken, Joe Biden, Xi Jinping, Janet Yellen, Biden, Xi, ”, “, ” Blinken, Matthew Miller, Leah Millis, China’s, ” Xi, Blinken, ” Miller, it’s, Mark Swidan, Kai Li, David Lin Organizations: CNN, State Department, Ukraine, US, Foreign Ministry, of, People, Biden, Chinese Foreign Ministry, ASEAN, Association of Southeast Asian Nations, Beijing, Party, Taiwan, Communist, Taiwan Relations, White Locations: China, Ukraine, Shanghai, Beijing, California, Russia, Moscow, Italy, “ Russia, ”, Europe, United States, South China, Philippine, Washington, Philippines, South, Taiwan, Taiwan Strait, East, Iran

☆ ‘No force’ can stop China’s tech progress, Xi Jinping tells Dutch PM
▼ + stars: | 2024-03-28 | by ( Laura He | ) edition.cnn.com time to read: +3 min

There was a surge in sales of ASML’s advanced chipmaking tools to China last year — ahead of the Dutch ban. In the fourth quarter of 2023, China accounted for 39% of ASML’s total revenue, according to the company. For 2023 as a whole, China’s share of ASML’s revenue was 29%, doubling from 14% in 2022. “China’s access to [these high-end chipmaking] machines is key to its commercialization of 7-nanometer logic chips,” they added. “China has been aggressively buying semiconductor equipment to build out production lines in both advanced and mature nodes,” according to Jefferies.

Persons: Xi Jinping, Mark Rutte, ASML, ” Xi, Rutte, Wang Wentao, Geoffrey van Leeuwen, ” Wang, “, ” Jefferies, Jefferies Organizations: Hong Kong CNN, Dutch, United, ”, Dutch Trade, Huawei, China’s Semiconductor Manufacturing International Corporation Locations: Hong Kong, China, Netherlands, Beijing, United States, Europe

☆ A glut of cheap Chinese goods is flooding the world and stoking trade tensions
▼ + stars: | 2024-03-28 | by ( Hanna Ziady | Laura He | ) edition.cnn.com time to read: +8 min

The oversupply of Chinese goods in key industries is stoking tensions between the world’s biggest manufacturer and its major trading partners, including the United States and the European Union. From clothes to carsChina’s exports of low-priced goods got a boost after it joined the World Trade Organization (WTO) in 2001. “What China exports is advanced production capacity that meets the needs of foreign customers,” Xinhua News Agency wrote. US President Joe Biden recently pledged to investigate whether imports of Chinese vehicles pose a national security threat. “But perhaps more importantly, persistent oversupply and low prices of Chinese goods will add to geopolitical tensions and keep the threat of tariffs and counter-tariffs alive,” she wrote in a recent note.

Persons: Hong Kong CNN —, ” Jens Eskelund, Xi Jinping, Huang Jingwen, ” Eskelund, Brad W, ” Markus W, Voigt, China’s BYD, Warren Buffett, Setser, Li Qiang, “, ”, Joe Biden, Jennifer McKeown, Shawn Deng Organizations: Hong Kong CNN, European Union, European Union Chamber of Commerce, Zero, of, People, China’s National Bureau of Statistics, Council, Foreign Relations, World Trade Organization, Aream Group, Tesla, Getty, China Development Forum, Xinhua, Agency, ., EV, European Commission, WTO, Capital Economics Locations: Hong Kong, United States, China, Europe, Beijing, Xinhua, China's Shandong, . Washington, Brussels

China’s economy has struggled to recover from severe self-imposed restrictions during the COVID-19 pandemic that it lifted only at the end of 2022. But Xi said that China was again contributing to world economic growth in the double digits percentage-wise. China's economy has been bogged down by a crisis in its property market in which builders are struggling under mountains of debt, and buyers are paying off loans on apartments that may never be completed. Other issues, such as an aging population and high youth unemployment, are prompting China's leaders to lean more heavily on boosting export manufacturing to make up for weak demand at home. “The respective successes of China and the United States create opportunities for each other," Xi was quoted as saying by Xinhua.

Persons: —, Xi Jinping, Xi, ” Xi, Stephen A, Biden, Donald Trump, “, Craig Allen, China's, Antony Blinken, Janet Yellen Organizations: BEIJING, U.S, Communist Party, China's, Xinhua News Agency, Blackstone . Trade, U.S ., China Business Council, Apple, Xinhua Locations: Beijing, China, U.S, United, Washington, San Francisco, Taiwan, Hong Kong, Tibet, Xinjiang, People's Republic, United States

☆ The dangerous parallels between Putin’s ambitions in Ukraine and Xi’s claims on Taiwan
▼ + stars: | 2024-02-27 | by ( Will Ripley | ) edition.cnn.com time to read: +12 min

What is happening is to a certain extent, an element of a civil war,” Putin claimed. The island remained a Japanese colony for half a century until the end of World War II, when it came under the control of China’s ruling Nationalist government. Today Xi is expanding China’s military at a pace the world hasn’t seen in a century – since before World War Two. Long-time China analyst Steve Tsang, author of “If China Attacks Taiwan,” once told me that Xi’s military build-up is, by comparison, larger than Nazi Germany and Imperial Japan combined. Many here in Taiwan fear it’s only a matter of time before Xi, like Putin, puts his words into action.

Persons: Taiwan CNN —, Kolas Yotaka, Tucker, Vladimir Putin, “ Putin, Xi, ”, Putin, Xi Jinping, ” Yotaka, –, Jens Stoltenberg, “, ” Stoltenberg, it’s, ” China’s, Russia –, Carlson, ” Putin, Critics, Chiang Kai, shek, ” Xi, He’s, Tsai Ing, Steve Tsang Organizations: Taiwan CNN, Taiwan Presidential, Taiwan –, NATO, Munich Security, Communist Party, Russia, Observers, Nationalist, Communists, Taiwan’s National Chengchi, Democratic Progressive Party, Taipei, Xi, Navy, Global China, Atlantic Council, Taiwan Relations Locations: Taipei, Taiwan, Ukraine, Beijing, China, Russia, Soviet, Ukrainian, Soviet Union, Japan, Republic of China, Taiwan Strait, United States, Hong Kong, Nazi Germany, Imperial Japan, Washington

☆ Two giant pandas are moving to a California zoo in a rare loan from China
▼ + stars: | 2024-02-22 | by ( Taylor Romine | Jessie Yeung | ) edition.cnn.com time to read: +3 min

CNN —China is sending two giant pandas to the San Diego Zoo – the first time it has granted new panda loans to the United States in two decades. His comments came shortly after the Smithsonian National Zoo in Washington, DC sent its three pandas back to China – marking the end of more than 50 years of Chinese pandas being housed at the zoo. The National Zoo was the first US zoo to showcase pandas, and the end of its program had left Zoo Atlanta as the only other US zoo to feature pandas. San Diego Zoo returned its last two pandas to China in 2019, after its loan agreement ended. According to Xinhua, discussions are ongoing for “a new round of cooperation” with the National Zoo and a zoo in Austria.

Persons: Xi Jinping, ” Xi, Xi, Joe Biden Organizations: CNN, San Diego Zoo, San Diego Zoo Wildlife Alliance, Smithsonian National Zoo, Washington , DC, Zoo, Zoo Atlanta, China Wildlife Conservation Association, Xinhua, Washington, Smithsonian, National Zoo, World Wildlife Fund Locations: China, United States, Washington ,, San, Europe, Germany, Netherlands, Denmark, Finland, Qatar, Xinhua, Austria

BEIJING (AP) — The former chairman of the Bank of China has been indicted on bribery charges, prosecutors said Monday, adding to a long list of business and government officials who have been brought down by Chinese leader Xi Jinping's yearslong anticorruption drive. Liu Liange is accused of taking advantage of his positions at the Bank of China and previously as president of the Export-Import Bank of China, the Supreme People’s Procuratorate said in a statement posted on social media. The state-owned Bank of China, one of the country's “Big Four” banks, has a major overseas presence. The Supreme People’s Procuratorate announced last month that Tang Shuangning, the former chairman of China Everbright Group, another state-owned bank, had been arrested on suspicion of embezzlement and bribery. Beyond finance, the former chairman of the Chinese Football Association was tried last month on charges of taking 81 million yuan ($11.2 million) in bribes.

Persons: Xi Jinping's, Liu Liange, People’s Procuratorate, Liu, Xi, Tang Shuangning Organizations: BEIJING, Bank of, Bank of China, Export, Import Bank of China, Xinhua News Agency, of, China Everbright Group, Xinhua, Chinese Football Association Locations: Bank of China, Jinan, China’s Shandong province, of China

☆ China’s Xi calls for stronger ‘strategic coordination’ with Russia in Lunar New Year call with Putin
▼ + stars: | 2024-02-09 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +4 min

Xi told Putin the two sides should “strengthen strategic coordination” and “safeguard the national sovereignty, security and development interests of their respective countries,” according to a readout from China’s Foreign Ministry. Looking to the future, China-Russia relations face new development opportunities,” Xi told Putin during their call. “Vladimir Putin and Xi Jinping specifically stressed that close Russia-China interaction is an important stabilizing factor in world affairs,” the Kremlin readout said. Thursday’s phone conversation between Xi and Putin took place as the two countries celebrate 75 years of diplomatic relations this year. Last year, Xi made his symbolically significant first foreign trip of his third term as president to Moscow last March.

Persons: Xi Jinping, Vladimir Putin, Xi, Putin, “, ” Xi, ’, ”, “ Vladimir Putin, Tucker Carlson, ” Putin, Carlson Organizations: Hong Kong CNN, Russia, Foreign Ministry, United Nations, Shanghai Cooperation Organization, SCO Locations: China, Hong Kong, United States, Western, Ukraine, Russia, Kremlin, “, Israel, Gaza, ” Beijing, Beijing, Moscow, United

☆ China gears up to ring in Year of the Dragon with expected record 9 billion trips
▼ + stars: | 2024-02-09 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +6 min

Authorities last month forecast that China’s population of 1.4 billion would take a record 9 billion trips during the 40-day holiday travel period, which began on January 26. Stringer/VCG/Getty Images A man takes photos of blooming plum blossoms at the Summer Palace in Beijing, China on February 5. Johanes P. Christo/NurPhoto/AP Crowds flock to the Spring Festival Light Show in Xi'an, Shaanxi Province, China on February 3. Axel Miranda/SOPA Images/Sipa/Reuters Workers assemble dragon lanterns at a production workshop in Nanchang, Jiangxi Province, China on January 24. Two major indexes recorded their worst drops in years capping off a dire 2023 that saw China’s stock markets become the world’s worst performer.

Persons: ”, Luo, Stringer, VCG, Zhang Yu, Ulet Ifansasti, Johanes, NurPhoto, Zhang Cheng, Wu Wenjun, Axel Miranda, Xi Jinping, ” Xi Organizations: Hong Kong CNN —, Festival, CNN, Authorities, China News Service, Spring, Reuters Workers, HSBC, Beijing, United States Embassy Locations: Hong Kong, China, Beijing, Fujian, Xi'an, Shaanxi Province, Solo City, Indonesia, Dharmayana, Bali , Indonesia, Guangzhou, China's, Guangdong Province, Barcelona, Spain, Nanchang, Jiangxi Province, Shanghai

Kerry and Xie paved the way for progress at international summits that could have otherwise stagnated. The annual U.N. climate summit was being held in Copenhagen later that year, and Kerry was eager to talk about it with Chinese officials. Stern said the deal “ricocheted around the climate world" and convinced countries that “we can actually get this done.”The importance of the deal became evident one month later. It was the relationship with China, Kerry said afterward, that helped “change the paradigm.”——-The warm feelings were short-lived. Donald Trump was elected president in 2016, and he promptly withdrew the U.S. from the Paris agreement after taking office.

Persons: John Kerry, Xie Zhenhua, Kerry, Xie, Mao Zedong's, Christiana Figueres, ”, Li Shuo, ” —, George W, Bush, Barack Obama's, Obama, Todd Stern, ” Stern, “, Xi Jinping, Stern, Figueres, ” Xie, —, Donald Trump, Joe Biden, Xi, hadn’t, Trump, Biden, Jonathan Pershing, Nancy Pelosi, John, John Podesta, Podesta, ___ Read, Chris Megerian, Seth Borenstein Organizations: WASHINGTON, United, Communist Party, U.S, Asia Society, Greenpeace, Senate Foreign Relations, International, Trump, William, Flora Hewlett Foundation, Associated Press Locations: United Nations, Dubai, Paris, England, Vietnam, China, Copenhagen, Lima, Glasgow, Sunnylands, Beijing, Christiana, U.S, “, Lima , Peru, South, Taiwan, COVID, Egypt, California, Arab Emirates, AP.org

☆ China’s largest oil supplier in 2023 was Russia
▼ + stars: | 2024-01-22 | by ( Laura He | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Russia surpassed Saudi Arabia to become China’s largest oil supplier in 2023, according to the latest Chinese customs data. That helped Russia overtake Saudi Arabia as China’s largest crude oil supplier for the year. The Middle East country shipped 85.96 million metric tons of crude oil to China in 2023, down 2% from 2022. Russia now accounts for 19% of China’s oil imports, while Saudi Arabia makes up 15%. Russia became China’s largest oil supplier eight years ago, but it fell behind Saudi Arabia between 2019 and 2021, when the Gulf nation boosted its energy trade with Beijing.

Persons: ”, Vandana Hari, Hari, That’s, Xi Jinping, Mikhail Mishustin, ” Xi, Xi Organizations: Hong Kong CNN —, China’s, Administration, Customs, West, Vanda Insights, Saudi, Moscow, Russian, Xinhua Locations: Hong Kong, Hong Kong CNN — Russia, Saudi Arabia, Ukraine, China, Russia, Gulf, Beijing, Moscow, India, Singapore, Iraq, leapfrog, The, Saudi

Taipei, Taiwan CNN —Taiwan’s ruling Democratic Progressive Party pulled off a historic third consecutive presidential victory on Saturday as voters shrugged off warnings by China that their re-election would increase the risk of conflict. The counting of votes has concluded, with Lai – the candidate of Taiwan’s ruling Democratic Progressive Party (DPP) – receiving just over 40% of the total votes, according to Taiwan’s Central Election Commission (CEC). Taiwan’s opposition Kuomintang (KMT) party candidate Hou Yu-ih garnered 33.49% of the votes, with Taiwan People’s Party (TPP) candidate Ko Wen-je received 26.45%. A spokesperson for China’s Taiwan Affairs Office insisted the election result “does not represent the mainstream view on the island.”“Taiwan is China’s Taiwan. “There’s multiple times that China could cause a fuss over a DPP victory, either now or later this year,” Nachman said.

Persons: Taiwan CNN — Taiwan’s, Lai Ching, ” Lai, “, Hsiao Bi, Lai –, Taiwan’s, –, Hou Yu, Ko Wen, je, Xi Jinping, Xi, Yasuyosh Chiba, Tsai Ing, Lai, Tsai, China’s, ” Xi, Hsiao, ”, Jaw Shaw, kong, Sam Yeh, Biden, Wang, Lev Nachman, ” Nachman, Nachman, hasn’t, they’ve Organizations: Taiwan CNN, Democratic Progressive Party, Commission, Kuomintang, KMT, ih, Taiwan People’s Party, Taiwan Affairs Office, Xinhua, China’s Communist Party, Party, Taiwan, Communist, DPP, Chinese Communist Party, Taiwan’s, Illinois State University, National Chengchi University, China’s Taiwan Affairs, Taiwan “, Analysts Locations: Taipei, Taiwan, China, United States, Beijing, ”, China’s Taiwan, AFP, “, New Taipei City, Washington, Taiwan Strait

☆ Taiwan has chosen its new president. What’s at stake and how might China respond?
▼ + stars: | 2024-01-12 | by ( Nectar Gan | Wayne Chang | ) edition.cnn.com time to read: +7 min

The world was watching to see not only who won the election, but how democratic Taiwan’s authoritarian neighbor will respond. China’s ruling Communist Party views Taiwan as part of its territory, despite having never controlled it. In an initial response, Chen Binhua, spokesperson for China’s Taiwan Affairs Office said Taiwan’s presidential election result “will not change the basic layout and course of development in cross-strait relations.”“Taiwan is China’s Taiwan,” he said. Taiwan's Vice President and presidential candidate of the ruling Democratic Progressive Party (DPP) Lai Ching-te speaks during a campaign rally in Keelung on January 8, 2024. In August 2022, China staged massive war games around Taiwan to show its displeasure with then-US House Speaker Nancy Pelosi’s visit to Taipei.

Persons: Lai Ching, Xi, China’s, ” Xi, ”, Amanda Hsiao, ” Hsiao, Lai, Chen Binhua, Hwa Cheng, “, Wen, doesn’t, Hsiao, Nancy Pelosi’s, Lai’s, Yuan Organizations: CNN, Democratic Progressive Party, DPP, Party, Taiwan, Communist, International Crisis, Taiwan Affairs Office, Getty, China’s Taiwan Affairs, Atlantic, US Locations: China, Beijing, Taiwan, Taipei, United States, Japan, Keelung, AFP, ” Beijing, “, South, Washington

☆ China’s Xi Jinping visits financial hub Shanghai as Chinese economy sputters
▼ + stars: | 2023-11-30 | by ( Laura He | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Chinese leader Xi Jinping has visited Shanghai for the first time in three years, as his government steps up efforts to prop up the country’s economy and financial markets. The visit, his first since 2020, comes as business confidence wanes in China and foreign companies pull out of the country. “General Secretary Xi Jinping’s visit to Shanghai sends important signals at a critical moment,” an editorial by Xinhua said Thursday. “Shanghai must be a vanguard of the country’s reform and opening up and a pioneer in its tech innovation and development,” Xi was quoted as saying by Xinhua. Earlier this month, Xi visited the United States for the first time in more than six years, where he met with President Joe Biden to amend ties between the two countries.

Persons: Xi Jinping, Xi, Lifeng, Cai Qi, Xi Jinping’s, ” Xi, Joe Biden Organizations: Hong Kong CNN, Shanghai Futures Exchange, Xinhua News Agency, PMI, Xinhua, “ Finance Locations: Hong Kong, Shanghai, China, Beijing, United States

☆ China mourns Kissinger — ‘a most valued old friend’
▼ + stars: | 2023-11-30 | by ( Simone Mccarthy | Nectar Gan | ) edition.cnn.com time to read: +8 min

“Farewell, old friend of the Chinese people,” said a top comment with thousands of likes. In July 1971, Kissinger became the first high-ranking US official to visit Communist China. Long after Kissinger left office, Beijing had regarded the well-connected diplomat as a potential helping hand in navigating the increasingly hawkish views towards China in Washington. State broadcaster CCTV called him a “living fossil” who witnessed the development of US-China relations. The tectonic shift in US-China relations that was formalized some eight years later opened the door for extensive economic engagement starting from the early 1980s.

Persons: Henry Kissinger, ”, Wang Wenbin, Xi Jinping, Joe Biden, Wang, “, Kissinger, Washington –, Richard Nixon’s, Scott Kennedy, Washington . Long, Xie Feng, centenarian, ” Xie, – Kissinger, Biden, Xi, John Kerry, Janet Yellen, Wang Yi, Nixon, Alfred Wu, Lee, ’, Wu, “ Kissinger, ” Wu, Zhou Enlai, Kennedy, China …, ” Kennedy Organizations: Hong Kong CNN, China’s Foreign, Center for Strategic, International Studies, CCTV, Xinhua, Foreign, Lee Kuan Yew, of Public, National University of Singapore, Flying Tigers, CSIS Locations: China, Hong Kong, Beijing, Weibo, United States, Washington, Communist China, “ China, American, selfTaiwan, Japan, Soviet Union, Moscow

Social media’s antisemitism problemThe rise in antisemitism since the outbreak of war in the Middle East has ignited a clash between Wall Street donors and universities, and divided some workplaces. Now, the pressure is building on social media platforms, particularly Elon Musk’s X and TikTok, with advertisers, celebrities and influencers pulling spending and confronting executives about the proliferation of hate speech. He posted to X his support for white nationalist conspiracy theories that Jewish communities were spreading hatred. Yaccarino was brought in to win back advertisers after Musk bought Twitter last year and culled many content moderators. More than a dozen Jewish celebrities and creators, including the actors Sacha Baron Cohen, Debra Messing and Amy Schumer, confronted TikTok executives this week.

Persons: Elon Musk’s, Adolf Hitler, Musk, X’s, Linda Yaccarino, Yaccarino, “ Linda, ” Martin Sorrell, DealBook, TikTok, Sacha Baron Cohen, Debra Messing, Amy Schumer, “ Hitler, Anne Frank ”, Cohen, ”, Osama bin, bin Laden, —, Alex Haurek, George Santos, Biden, Xi Jinping, Doug McMillon, Walmart’s, “, ” Brian Cornell, ’ Organizations: IBM, Media, America, Nazi Party, Apple, Oracle, Defamation League, Twitter, S4 Capital, House, Big, General Motors, Hyundai, Republican, Justice Department, Business, APEC, West Texas Intermediate, Consumers, Depot, Walmart Locations: TikTok, New York, Hong Kong, China, San Francisco, Beijing, Washington, U.S

Later, Beijing loaned the pandas to other U.S. zoos, with proceeds going back to panda conservation programs. The National Zoo’s three giant pandas, Mei Xiang, Tian Tian and their cub Xiao Qi Ji, eight days ago began their long trip to China. After their departure, only four pandas are left in the United States, in the Atlanta Zoo. Unproven allegations that U.S. zoos mistreated the pandas, known as China’s “national treasure,” flooded China’s social media. The San Diego Zoo returned its pandas in 2019, and the last bear at the Memphis, Tennessee, zoo went home earlier this year.

Persons: Xi Jinping, ” Xi, Xi, Joe Biden, Mei Xiang, Tian Tian, Xiao Qi Ji, Biden, Ashraf Khalil Organizations: FRANCISCO, U.S ., National Zoo, Atlanta Zoo, San Diego Zoo, Garden, China Wildlife Conservation Association, Associated Press Locations: China, United States, California, San Diego, U.S, Beijing, Washington, San Francisco, Memphis , Tennessee

☆ China pandas: Xi Jinping hints he could send new pandas to US as ‘envoys of friendship’
▼ + stars: | 2023-11-16 | by ( Yong Xiong | Nectar Gan | ) edition.cnn.com time to read: +3 min

Their departure leaves Zoo Atlanta as the only other US zoo to feature pandas from China. “Recently, the three pandas at Smithsonian’s National Zoo in Washington D.C. have returned to China. The Chinese leader did not offer additional details on where any future Chinese pandas might be sent, but suggested California would be the most likely destination. The San Diego Zoo returned its last two pandas to China in 2019, after the loan agreement concluded. It’s also the Chinese leader’s first trip to the US in more than six years.

Persons: Xi Jinping, ” Xi, “, Xi, Joe Biden, Richard Nixon’s, Tian Tian, Mei Xiang, Xiao Qi Ji –, It’s, Biden Organizations: CNN, San Diego Zoo, Beijing –, Smithsonian National Zoo, Smithsonian National, Zoo, Asia Pacific Economic Cooperation Locations: China, United States, San Francisco, Beijing, Europe, Germany, Netherlands, Denmark, Finland, Qatar, Washington ,, Zoo Atlanta, Washington, California, Bali , Indonesia

☆ On sidelines of APEC Summit, Xi Jinping vows to be a ‘partner and friend’ of the US
▼ + stars: | 2023-11-16 | by ( Nectar Gan | Juliana Liu | ) edition.cnn.com time to read: +7 min

CNN —China is willing to be “a partner and a friend” of the United States, Chinese leader Xi Jinping told American business leaders in San Francisco on Wednesday, as he sought to court US businesses amid a decline in foreign investment in China. “China is willing to be a partner and friend of the United States,” he added. China is happy to see a confident, open and prosperous US,” Xi said. Xi recalled entering the US on that trip through San Fransisco, which he said formed his “first impression” of America. Under Xi, China has further expanded the scope of its anti-espionage law, raided US consultancy and due-diligence firms and detained executives in the name of national security, sending a chill through the foreign business community.

Persons: Xi Jinping, Xi, ” Xi, Tim Cook, Elon Musk, Joe Biden, ”, Biden, Dexter Roberts, Roberts, “, ’ “ Liu Dongshu, ” Liu, Fred Hu, ” Hu, China “ Organizations: CNN, Economic Cooperation, Apple, Tesla, US, China Business Council, National Committee, China Relations, Flying Tigers, Mansfield Center, University of Montana, City University of Hong, Primavera Capital Group, Bloomberg, Economy, China Locations: China, United States, San Francisco, Asia, Japan, Iowa, America, San Fransisco, City University of Hong Kong, Xi, Singapore

“Planet Earth is big enough for the two countries to succeed,” Xi told Biden. Before leaving for California, Kishida told reporters a meeting with Xi had not yet been decided on. The aura of goodwill generated by the meeting was marred somewhat, however, by a comment by Biden. “I feel that China-U.S. relations have eased, and maybe the next step will be cooperation,” said Xu Jiaguang a 31-year-old firefighter. ___Associated Press writer Mari Yamaguchi in Tokyo and video producer Caroline Chen in Beijing contributed to this report.

Persons: Joe Biden, Xi, lunching, they’re, ” Xi, Biden, ”, Jeff Liu, Fumio Kishida, Kishida, Madoka Fukuda, ” Biden, Mao Ning, Xu Jiaguang, Gao Kexin, Mari Yamaguchi, Caroline Chen Organizations: Foreign, South, . Security, Samsung Electronics, SK Hynix, Kookmin Ilbo, Economic Cooperation, Communist Party . Tokyo, Tokyo's Hosei University, Foreign Ministry, China -, U.S, Associated Press Locations: TAIPEI, Taiwan, California, China, Beijing, U.S, Taiwan Strait, North Korea, Seoul, Pyongyang, Russia, South Korea, Japan, Asia, San Francisco, United States, China - U.S, Tokyo

☆ Analysis: Xi signals shift in tone for China on US – but can it last?
▼ + stars: | 2023-11-16 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +9 min

This reversal comes as China grapples with a troubled economy and is keen to highlight Xi as a powerful and capable world leader. Xi’s opticsOn Chinese state media and across social media platforms, where the hashtag #Planet-Earth-Is-Big-Enough-For-Both-China-And-The-US was trending, the broad perception appeared to be of a job well done. The positive coverage of the event was a break from the typical rhetoric critical of the US that often plays across Chinese state and social media. US President Joe Biden and Chinese leader Xi Jinping walk together during their bilateral meeting. “China will eventually achieve reunification, and will inevitably achieve reunification,” Xi was quoted as saying — another line that was also trending on Chinese social media following the meeting.

Persons: Xi Jinping, Joe Biden, Biden, ”, Antony Blinken, Mao Ning, It’s, Xi, “, Xi’s, Alfred Wu, Lee, Wang Yi, Wang, ” Wang, ” Xi, Tim Cook, Elon Musk, Brendan Smialowski, Liu Dongshu, Biden’s Organizations: Hong Kong CNN, Foreign Ministry, Lee Kuan Yew, of Public Policy, China’s, Economic Cooperation, Apple, Tesla, Getty, Communist Party, Beijing, City University of Hong Locations: China, Hong Kong, United States, Beijing, Washington, Bay, San Francisco Bay Area, Taiwan, Singapore, California, America, Asia, AFP, City University of Hong Kong

☆ US-China chip war nixes Alibaba’s plan to spin out cloud business
▼ + stars: | 2023-11-16 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

London CNN —Alibaba has called off plans to spin off its cloud computing arm, saying recent tightening of US controls on chip exports to China has created “uncertainties” for the division’s prospects. “We will focus on developing a sustainable growth model for Cloud Intelligence Group under the fluid circumstances,” the company said. And days after the announcement of the latest US chip restrictions, Beijing unveiled plans to restrict exports of graphite, a mineral required to make batteries for electric vehicles. Alibaba’s revenues for the June-to-September quarter climbed 9% on the previous year to 224.8 billion renminbi ($31 billion). Net profit was 26.7 billion renminbi ($3.7 billion), compared with a net loss previously, due to an increase in the value of the group’s equity investments.

Persons: London CNN — Alibaba, Xi Jinping, Joe Biden, BABA, ”, Xi, ” Biden, Biden, Tim Cook, Tesla, Elon, ” Xi, Jack Ma Organizations: London CNN, Cloud Intelligence Group, Alibaba’s, Biden Wednesday, San, Apple Locations: China, United States, Beijing, San Francisco, Hong Kong

The coronavirus pandemic exposed frailties in their supply chains. Chinese President Xi Jinping, too, met with American business leaders — at a $2,000-per-plate dinner Wednesday evening. “The global economy is recovering, but its momentum remains sluggish,” Xi said. “Industrial and supply chains are still under the threat of interruption and protectionism is rising. The new framework has four major pillars: supply chains, climate, anti-corruption and trade.

Persons: Fresh, Joe Biden, “ We've, ” Biden, hasn't, Bill Clinton, Biden, Kamala Harris, Alexei Overchuk —, “ Will, Xi Jinping, —, ”, Xi, ” Xi, Josh Boak, Didi Tang Organizations: FRANCISCO, APEC, Russia's, U.S, Smithsonian National Zoo, Atlanta Zoo, Biden, Pacific, won’t, Associated Press Locations: China, U.S, Bangkok, Ukraine, Israel, Russia, United States, Northern California, Tokyo, Washington, San Francisco

☆ Alibaba stock drops as chip war nixes its plan to spin out cloud business
▼ + stars: | 2023-11-16 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

London CNN —Alibaba has dropped plans to spin off its cloud computing arm, sending its stock tumbling, because of US controls on chip exports to China which the company said had created “uncertainties” for the division’s prospects. “We will focus on developing a sustainable growth model for Cloud Intelligence Group under the fluid circumstances,” the company said. During talks with Biden Wednesday, Xi described the restrictions as “technological containment,” according to a senior US official. Biden said in response that the United States is not going to provide technology to China that could be used against it by the Chinese military. Alibaba’s revenues for the June-to-September quarter climbed 9% on the previous year to 224.8 billion renminbi ($31 billion).

Persons: London CNN — Alibaba, Xi Jinping, Joe Biden, BABA, ”, Xi, Biden, Tim Cook, Tesla, Elon, ” Xi, Jack Ma Organizations: London CNN, Cloud Intelligence Group, Biden Wednesday, US, San, Apple Locations: China, London, Hong Kong, United States, Beijing, San Francisco

President Joe Biden on Wednesday announced his administration secured agreements with China to resume military communications and combat fentanyl after his first in-person meeting with Chinese President Xi Jinping in a year. “Vital miscalculations on either side can cause real, real trouble with a country like China – or any other major country,” Biden said. During the press conference, Biden added that he believes the ultimate answer to the war in Gaza is a two-state solution. Biden mentioned he raised concerns about China’s human rights and tension between China and the Philippines in the South China Sea. Overall, though, Biden presented an optimistic view about future relations with China.

Persons: Joe Biden, Xi Jinping, Biden, ”, “ I’m, ” Xi, “, ” Biden, “ It's, Xi's, that’s Organizations: Wednesday, Economic Cooperation, U.S, Western, State Department Locations: China, United States, Asia, San Francisco, U.S, Beijing, Ukraine, Israel, Gaza, Taiwan, Philippines, South China

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