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☆ Olympic moment of the day: Facing giants, diver Andrea Spendolini-Sirieix shows what sports – and life – are all about
▼ + stars: | 2024-08-06 | by ( Patrick Sung | ) edition.cnn.com time to read: +5 min

The Olympic Games are perhaps the biggest stage of them all for this theatre of feeling. Great Britain’s Andrea Spendolini-Sirieix had entered Tuesday’s individual 10m platform with a bronze in the 10m synchronized platform with partner Lois Toulson. Fred Sirieix, who has appeared on a number of well-known shows in the UK throughout his career, was at the Aquatics Centre watching Spendolini-Sirieix dive over the last few days. Spendolini-Sirieix showed us that sport isn't just about medals, records and wins. We’re here to see you.’ And at the end of the day, that’s all I can ask for,” Spendolini-Sirieix said.

Persons: Andrea Spendolini, Sirieix, Lois Toulson, –, Fred Sirieix, China’s Quan Hongchan, Chen Yuxi, Manan Vatsyayana, Quan –, Chen, Quan, old’s, I’m, ”, I’ve, “, It’s, ‘ We’ve Organizations: CNN, Olympic, Paris, Aquatics, Games, BBC, Aquatics Centre, Getty, British, Team GB, Olympic Games, Lifeline Locations: Doha, AFP, Chinese, Tokyo

☆ China coast guard detains Taiwanese fishing boat near frontline islands, Taiwan says
▼ + stars: | 2024-07-03 | by ( Eric Cheung | Nectar Gan | ) edition.cnn.com time to read: +3 min

Taipei, Taiwan CNN —China’s coast guard detained a Taiwanese fishing vessel and its five-member crew near the mainland’s southeast coast on Tuesday night, according to Taiwan authorities, in the latest flare-up of tensions in waters around a group of frontline islands controlled by Taipei. In a statement, Taiwan’s coast guard said the fishing boat, Tachinman 88, was intercepted by two Chinese coast guard vessels near the Kinmen islands, which lie just miles from the Chinese city of Xiamen. China coast guard officers boarded the fishing boat and then escorted it to a nearby Chinese port, the statement said, adding that three Taiwan coast guard vessels answered a call for help but retreated to avoid conflict when they were outnumbered by their Chinese counterparts. The Taiwan coast guard demanded the immediate release of the boat and crew members. In late February, Chinese coast guard officers intercepted and boarded a Taiwanese tourist boat for inspection, an unprecedented move that startled Taiwanese passengers.

Persons: Hsieh Ching, China’s, Lai Ching, ”, Chen Yu, jen Organizations: Taiwan CNN, Taiwan’s Coast Guard Administration, Coast Guard Administration, Communist Party, Democratic Progressive Party, Kuomintang, CNN, Taiwan’s Ministry, Agriculture Locations: Taipei, Taiwan, Xiamen, China, Beijing, Kinmen, China’s

LONDON, Nov 23 (Reuters) - Chilean copper miner Antofagasta (ANTO.L) last week inked the first major 2024 concentrates supply deal with China's Jinchuan Group. Indeed, it's far from certain there will be a single benchmark for next year due to a shifting copper concentrates landscape. Annual "benchmark" copper smelter treatment chargesSPLIT BENCHMARK? Other members of China's Copper Smelters Purchase Team, a grouping of the country's biggest players, have rejected Jinchuan's terms as a benchmark. Its new Manyar copper smelter will start ramping up from May.

Persons: Freeport, Chen Yunian, Jinchuan, it's, Jan Harvey Organizations: China's Jinchuan, TC, Freeport McMoRan, HK, Study, China's, Copper, Reuters, Thomson Locations: Antofagasta, Jinchuan, Freeport, Indonesia, Panama, Peru, Chile, China, Jiangxi, Canada, Botswana

☆ Here are 7 ways investors can be greedy while others are fearful as China's potential property crisis unfolds, according to UBS
▼ + stars: | 2023-09-07 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Here are the seven smartest ways to invest in Chinese markets, according to UBS. Stimulus should keep Chinese stocks from sinkingHowever, UBS believes that plenty of pain has already been priced into Chinese stocks. Naturally, China's property market turmoil has inspired comparisons to the US housing market bubble that led to the global financial crisis, but Yu is confident that such fears are overblown. "The government has the toolkit to minimize the risk of having something that is systematically disastrous in the financial markets," Yu said. If China's growth exceeds expectations, companies in the consumer discretionary and materials sectors will be among the biggest beneficiaries, according to UBS.

Persons: David Kelly, Xingchen Yu, Solita Marcelli, Yu, there's Organizations: US, UBS, Asset Management Locations: China, Shanghai, People's Republic, Swiss, Beijing, Taiwan

☆ China's auto workers bear the brunt of price war as fallout widens
▼ + stars: | 2023-09-05 | by ( ) www.reuters.com time to read: +9 min

Millions of auto workers and suppliers in China are feeling the heat as an electric vehicle price war forces carmakers to shave costs anywhere they can. State-run China Automotive News estimates there are over 100,000 auto suppliers in the country. Suppliers typically negotiate prices once a year, but many have been pressed to lower prices on a quarterly basis in 2023, two senior executives at auto suppliers said. And in June, a group of small suppliers wrote to state-owned Changan Automobile to push back against 10% price reductions. Three months later, he told Reuters that price cuts had been more aggressive in 2023 than in previous years.

Persons: Aly, Mike Chen, Chen, carmakers, Tesla, George Magnus, Elon Musk, Mike Chen's, Li Auto, Liu, Changan Automobile's, Chen Yudong, They've, Zhang Yan, Brenda Goh, Kripa Jayaram, Marius Zaharia, David Clarke Organizations: SAIC Volkswagen, REUTERS, Rights, Shanghai, SAIC, Volkswagen, VW, Oxford University's China, China Passenger Car Association, Tesla, GM, HK, Changan Automobile, Mitsubishi Motors, Toyota, Hyundai, China Automotive, Automobile, EV, Reuters, Thomson Locations: Shanghai, China, China's, Beijing, Shenzhen, Hefei, Chongqing, Chery's, Qingdao

LONDON, Aug 29 (Reuters) - As the world's best badminton players travel home after the World Championships in Denmark, the sport's leading manufacturer Yonex (7906.T) told Reuters some of them were fighting it out for the first time in sneakers made partly from recycled materials. In addition to appeasing environmentally conscious shoppers, the companies argue that switching to recycled materials helps reduce waste and their reliance on finite resources. While developing the products, Yonex thought about how to blend materials in order to overcome the challenge of the physical properties of sustainable materials generally being different to traditional materials. He added that sustainable materials currently cost more to use because suppliers mass-produce traditional materials. Yonex said it uses sustainable materials in 83% of its apparel products, such as organic cotton or recycled fibers.

Persons: Chen Yu Fei, Viktor Axelsen, Yonex, Shinichiro Chiba, Chiba, Taiwan's Victor, Richa Naidu, David Holmes Organizations: Reuters, Sports, Adidas, Badminton World Federation, Olympic, Thomson Locations: Denmark, Tokyo, China

The dollar index dipped below the 100 level on July 14, marking its lowest level since mid-April 2022. "So there's just a dynamic where the overall access to capital funding improves when there's a weaker dollar in emerging markets, and vice versa. The Swiss bank found that the MSCI Emerging Markets index is trading near a 36% discount to the S & P 500. The three largest are: Vanguard FTSE Emerging Markets ETF , iShares Core MSCI Emerging Markets ETF and iShares MSCI Emerging Markets ETF . Core MSCI is higher by 9.6% in 2023, iShares MSCI Emerging Markets is up 8.2% and Vanguard FTSE Emerging Markets has gained 7.4%.

Persons: Shannon Saccocia, Yung, Yu Ma, there's, Ma, Xingchen Yu, Yu, —, Michael Bloom, Sarah Min Organizations: U.S, UBS, Neuberger Berman, Wealth, Research, Wealth Management, Vanguard FTSE, Markets Locations: outflows, U.S, India, Vietnam, Swiss, America, South, Southeast Asia, Central, Eastern Europe

Some Chinatown residents benefited from the development boom, selling properties to developers or drawing more customers from increased foot traffic. Some residents have shown tentative support for the luxury buildings, saying they might make the neighborhood safer or bring in wealthier Asian residents who could boost Chinatown's economy. Manhattan Chinatown's housing stock is "really aged," which has led to costly fires, according to Thomas Yu, executive director of Asian Americans for Equality. Chinatowns and the pandemicMany debates surrounding luxury development and affordable housing were accelerated by the pandemic, which shuttered hundreds of businesses across Chinatowns. However, business owners who spoke with CNBC said Chinatown's businesses, though still recovering, are keeping the city's culture alive.

Speaking to reporters in Rome after meetings with his Italian counterpart and Italy’s prime minister, Zelensky said Ukrainian forces were “preparing very seriously.”“There will definitely be very serious steps. Earlier, Zelensky met with Pope Francis, who has been outspoken in his support for an end to the war in Ukraine. Vatican News/APZelensky said last week that his country still needs “a bit more time” before it launches the counteroffensive, in order to allow some more of the promised Western military aid to arrive in country. Russian attacksAs Zelensky toured Europe, Russia’s assault on Ukraine continued. In western Ukraine, at least 21 people were injured following Russian strikes on the city of Khmelnytskyi in the early hours of Saturday, Ukrainian authorities said.

[1/5] Badminton - All England Open Badminton Championships - Utilita Arena, Birmingham, Britain - March 19, 2023 South Korea's An Se-young celebrates on the podium after winning the women's singles final Action Images via Reuters/Andrew BoyersBIRMINGHAM, England, March 19 (Reuters) - South Korea's An Se Young smashed her way to the women's singles title at the All England Open badminton championships on Sunday, beating Tokyo 2020 Olympics gold medallist Chen Yu Fei of China. "I'm so tremendously happy," said An, 21, who had knocked Tokyo Olympics silver medallist Tai Tzu Ying of Taiwan out in the semi-finals on Saturday. It was touch-and-go for An in the second half of the final game, with Chen pressing with aggressive smashes and smart backhands. China beat South Korea in the mixed doubles final 21-16 16-21 21-12. Later on Sunday, Li Shi Feng will play fellow Chinese shuttler Shi Yu Qi in the men's final.

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