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☆ Baidu releases new AI tools to promote application development
▼ + stars: | 2024-04-18 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Baidu's newly announced AI tools allow people with no coding knowledge to create generative AI-powered chatbots for specific functions, which can then be integrated in a website, Baidu search engine results or other online portals. watch nowThe basic Baidu tools are generally available to try for free, up until a certain usage limit, similar to some of Google's cloud and AI functions. Baidu this week also announced three new versions of its Ernie AI model — called "Speed," "Lite" and "Tiny" — that coders can selectively access, based on the complexity of the task. In a demonstration hall, Baidu business departments showed off how the AI tools could be integrated with virtual people doing livestreams, or directing search engine traffic to an AI-based interactive buying guide. Also on display was a humanoid robot developed by Shenzhen-based UBTech Robotics that used Baidu's Ernie AI model for understanding commands and reading written words.

Persons: Robin Li, Ernie bot, OpenAI, Ernie, Bo Du, Baidu, Buysmart.AI, Andy Qiu, That's, Qiu Organizations: Bloomberg, Getty Images, Baidu, CNBC, WestSummit Capital Management, Robotics Locations: Shenzhen, China, Getty Images SHENZHEN, Weibo, U.S

☆ China's BYD is the world's biggest electric car maker — but it's not coming to America anytime soon
▼ + stars: | 2024-03-09 | by ( George Glover | ) www.businessinsider.com time to read: +6 min

Read previewJapanese and Korean carmakers cracked the US market long ago — but don't expect Chinese EV seller BYD to repeat that feat. Advertisement"It'd be very difficult for a Chinese EV maker to enter the US market," Seth Goldstein, an equity strategist at Morningstar, told Business Insider. The bill, a key part of US President Joe Biden's economic agenda, offers tax credits worth up to $7,500 for EV makers, excluding any "Foreign Entity of Concern." BYD isn't the only company turning its back on the US EV market. Given that EV sales growth is stalling in US, it's perhaps little wonder companies like BYD are not too bothered.

Persons: —, There's, Tesla, We're, Stella Li, BYD, Seth Goldstein, I'm, Suzuki, Jim Farley, Will Roberts, Goldstein, Roberts, Joe Biden's, Joe Biden, Demetrius Freeman, Rho Motion's Roberts, you'd, Li, carmakers Organizations: Service, Yahoo Finance, Business, Morningstar, Toyota, Motors, Nissan, Mazda, Lexus, Honda, Mitsubishi, Korea's Hyundai, Kia, North, Ford, EV, Rho, Energy, Treasury, Washington Post, Cox Automotive, Apple Locations: Korean, North America, —, China, North American, Russia, Iran, North Korea, Brazil, Thailand, Americas, Asia, South America

☆ China is entering an era of stagnation and disappointment that may not be resolved like Japan's, Nobel economist Paul Krugman says
▼ + stars: | 2024-01-19 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

China's economy is headed for an era of stagnation and disappointment, Nobel laureate Paul Krugman wrote. The country's economic model has been unsustainable for years, given ultra-low consumer spending. "Let's not gloat about China's economic stumble, which may become everyone's problem." AdvertisementBut even under better stewardship, China's economic approach has been unsustainable for years and was set to break down eventually. "Let's not gloat about China's economic stumble, which may become everyone's problem."

Persons: Nobel, Paul Krugman, —, Krugman, Xi, That's Organizations: Service, New York Times Locations: China, Japan, Tokyo, Beijing

☆ Why the U.S. may extend its run as the world's leading economy
▼ + stars: | 2024-01-10 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com time to read: +3 min

The U.S., China and India may take turns leading the global economy this century, according to an analysis from the Centre for Economics and Business Research. The CEBR forecast suggests China could potentially take the top spot as the world's largest economy by gross domestic product as early as 2037. "The ranking of which is the largest economy in the world — that doesn't take into account things like living standards. Around the world, policymakers are spending large sums of public funds to prepare for social and environmental challenges that may be ahead. Watch the video above to learn more about the race to be the world's largest economy.

Persons: Nina Skero, Mariana Mazzucato, we're, China that's, Joe Biden, Xi Jinping, Yasheng Huang, Rajiv Biswas Organizations: U.S, Centre for Economics, Business Research, University College London, Washington, MIT Sloan School of Management, P Global Market Intelligence, CNBC Locations: China, India, U.S, Japan, South Korea, Asia, Pacific

☆ Where China’s consumers are spending. Jefferies' top sector picks for 2024
▼ + stars: | 2023-11-26 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Analysts generally say that for consumers in China today, daily essentials, rather than discretionary goods, are in. Top picks Both are on Jefferies' top picks list for the China consumer in 2024. In addition to being a staple at business dinners in China, Moutai has tried to branch out with co-branding in chocolate, ice cream and coffee. But the company said it expected the Chinese market to "to return to mid single-digit growth" in coming periods. The firm analyzed 80 publicly-listed consumer companies with a majority of revenue from mainland China.

Persons: China haven't, Jefferies, they'd, Alibaba, Moutai, Gamble, It's, North America —, Andy, McKinsey's Daniel Zipser, — CNBC's Michael Bloom Organizations: OC, C, Nestle, PepsiCo, Procter, Foods, China, Pacific Sun Advisors, McKinsey Locations: China, Shanghai, Hong Kong, U.S, Wednesday's, Shenzhen, Friday's, China —, North America, Asia

☆ China's not-so-special economic zone embodies a harsh new reality
▼ + stars: | 2023-11-16 | by ( David Kirton | ) www.reuters.com time to read: +9 min

REUTERS/David Kirton Acquire Licensing RightsSHENZHEN, China, Nov 16 (Reuters) - Tony Xiong is among the latest arrivals to the glitzy office towers in the newest part of Shenzhen, built to showcase China's economic miracle. Office workers are not the only ones grumbling about the unattractiveness of Qianhai, a special economic zone where Chinese dreams of global financial might and economic prosperity that once seemed inevitable are now darkened by half-empty skyscrapers and shopping malls as well as barely used motorways. And that's before China's tallest skyscraper of over 1,000 metres and a cluster of other towers are completed. With China entering a new era of sluggish growth, Qianhai may never reach the international status to which it aspires. The Qianhai Authority and China's State Council Information Office did not respond to Reuters requests for comment on the local and macro economic challenges.

Persons: David Kirton, Tony Xiong, Qianhai, Knight Frank, Antonio Fatas, Deng Xiaoping's, Xi Jinping, Xi, Zhiwu Chen, incentivised, Witman Hung, I've, Brian Miller, Klaus Zenkel, it's, Bill Deng, Zhang, James Pomfret, Marius Zaharia, David Crawshaw Organizations: REUTERS, Rights, Reuters, Authority, Communist Party, University of Hong, Qianhai Authority, HSBC, UBS, Standard Chartered, Chamber of Commerce, Greater, Thomson Locations: Shenzhen, Guangdong province, China, Rights SHENZHEN, Hong Kong, Beijing, Shanghai, China's, Qianhai, University of Hong Kong, Guangzhou, Hengqin, Macau, Nansha, South China, Greater Bay Area, . Hong Kong

☆ Analysis: The US presidential election is next year. Here’s what that could mean for stocks
▼ + stars: | 2023-11-09 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —The US presidential election is less than a year away. Wall Street has a laundry list of uncertainties that it worries could threaten the current stock rally, including the upcoming presidential election. But history shows that stocks typically gain during the fourth year of presidential terms. The S&P 500 has gained 6.2% on average during the fourth year of presidential terms since 1932, according to Yardeni Research. That’s below the 13.5% gain the index has averaged during the third year of presidential terms since 1931.

Persons: ’, There’s, Darrell Crate, ”, Goldman Sachs, Joe Abbott, Abbott, Loretta Mester, Bryan Mena, Elisabeth Buchwald, Hawkish, Mester, Heidi Gartland, “, ” Gartland, Read, Niron, Peter Valdes, Niron Magnetics, Jonathan Rowntree Organizations: CNN Business, Bell, New York CNN, Federal Reserve, The New York Fed, Management, Investors, Research, Yardeni Research, “, CNN, Cleveland Fed, Reserve Bank, Cleveland, Regional, Bank, General Motors, China General Motors Locations: New York, East, Russia, Ukraine, Wisconsin, China, Minnesota

☆ With big new EV motor investment, GM aims to cut reliance on China
▼ + stars: | 2023-11-08 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +2 min

In electric vehicle motors, rapidly shifting magnetic fields spin a rotor made with magnets that contain “rare Earth minerals” such as terbium and dysprosium. China accounts for a large percentage of the world’s rare Earth minerals supply, according to the United States Geological Survey. And among those minerals used for EV motor magnets, China is responsible for about 90%, according to Niron. The technology could also make EV motors less expensive, he said, but declined to say by what percentage. Daniels would not say when GM expects to begin manufacturing EV motors using the new magnet technology.

Persons: Niron, Niron Magnetics, Jonathan Rowntree, GM EVs, ”, Kai Daniels, Stellantis, Rowntree, Daniels Organizations: New, New York CNN —, Motors, United States Geological Survey, GM, GM Ventures, Stellantis Ventures, Volvo Car Tech Fund, Chrysler, Dodge, Fiat, Sioux Community, University of Minnesota Locations: New York, Wisconsin, China, dysprosium, Minnesota, Sioux

☆ An embarrassing Russian defeat a century ago is a warning about the risks of losing a war to China now, top US Air Force official says
▼ + stars: | 2023-10-26 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +8 min

In May 1905, Russia's navy suffered a resounding defeat by the Japanese at the Battle of Tsushima. The battle is a lesson about complacency in the face of new threats, a top US Air Force official says. AdvertisementAdvertisementGreat-power competitionJapanese soldiers relieve Russian troops in an outer fort at Port Arthur after the Russian surrender in 1905. Proctor via Wikimedia Commons"The Battle of Tsushima Straits did not go well for Russia," Kendall, a self-proclaimed history buff, said at the conference. If our power-projection capability and capacity are not adequate to deter Chinese aggression against Taiwan or elsewhere, war could occur," Kendall said.

Persons: —, Frank Kendall, Kendall, aren't, George Rinhart, Port Arthur —, Korea's, Shigetada Seki, Port Arthur, Oriol, Tsushima, Oleg, Proctor, Theodore Roosevelt Organizations: Russia's, Russo, US Air Force, Service, Air Force, Air and Space Forces Association, Getty, Imperial, Siberian Railway, Asahi, Wikimedia, Imperial Japanese Navy, Russian, Baltic Fleet, 2nd Pacific Squadron, Wikimedia Commons, Mukden, Japanese Defense Ministry, US Defense Department Russia's Locations: Tsushima, Japanese, Asia, European, Imperial Japan, Imperial Russia, Pacific, Japan, Russia, China, Port, Europe, Korea, Dalian, Liaodong, Port Arthur, Tokyo, Russian Pacific, Chemulpo, Ulsan, Baltic, Russian, Vladivostok, Philippines, Madagascar, Manila Bay, Shandong, Okinawa, US, Britain, Germany, Imperial Germany, South, Soviet Union, Manchuria, Taiwan

☆ The U.S. is trying to tighten the screws on Chinese AI. What that means for stocks
▼ + stars: | 2023-10-22 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

The artificial intelligence behind ChatGPT-like products and autonomous driving is driving enormous demand for Nvidia's chips in China. Chinese companies also dominate the burgeoning electric car market , where Nvidia has had a fast-growing business of selling chips for assisted and fully autonomous driving. When it comes to such chips for cars, Nomura analysts said there's little reason to worry. Auto chip market BYD, Nio , Li Auto and Xpeng are among the China-based electric automakers using the Orin chip. In the automotive chip category, they noted Nvidia's Thor chip and Qualcomm's Snapdragon Ride Flex chip both fall into that more advanced category.

Persons: Orin, Orin X, Joel Ying, Li Auto, Albert Liu, Weeks, Kneron, Liu, Julian Ma, Ma, Inceptio, Nomura, Inovance Organizations: Nvidia, Nomura, Nomura China Technology, Auto, CNBC's East Tech West, Apple, HSBC, SEC, U.S, Management Locations: China, U.S, Nomura China, South, German, Inovance's, Hong Kong

☆ Stocks to bet on China’s economic future after the real estate pain ends
▼ + stars: | 2023-10-08 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

For example, China's urbanization rate in 2022 was 64%, the same as Japan's back in the 1960s, she said, noting Japan's urbanization rate in the 1990s was a much higher 77%. China is also leading in innovation based on research and development spending as a percentage of sales, the report said. Easier said than done, especially since that debt and urban development are linked to a struggling real estate sector that's accounted for about a quarter of China's economy. After a summer of mounting worries about China's growth prospects, KKR's head of global macro, Henry McVey, made yet another trip to the region . He pointed to China's push to reduce carbon emissions and increase the integration of tech in the economy — such as through automation.

Persons: Yao Yang, Yao, Bernstein, Rupal Agarwal, Bernstein's Agarwal, BYD — Bernstein, Meituan, Henry McVey, CNBC's Michael Bloom Organizations: Tokyo, CNBC, National School of Development, Peking University, KKR, Citi Locations: China, Japan, Asia, Hong Kong

☆ Opinion: The ‘rising superpower’ myth about China
▼ + stars: | 2023-09-07 | by ( Opinion Peter Bergen | Joel Rayburn | ) edition.cnn.com time to read: +12 min

He was the US Special Envoy for Syria and the senior director for Iran, Iraq, Syria and Lebanon on the National Security Council staff during the Trump administration. After that, China’s National Bureau of Statistics said it would suspend publishing youth unemployment data in the future. What does it signify that China’s national power, which today is vast, is almost certain to be weaker in the future? If Xi and his strategists have a feasible plan for nimbly averting China’s demographic doom, they are keeping very quiet about it. This brings us back to the question of national security strategies for the United States and its allies.

Persons: Peter Bergen, Peter Bergen ”, Joel Rayburn, Trump, Biden, Saddam Hussein’s, Lloyd Austin, China’s, Xi Jinping, Stephen Shaver, ”, Ng Han Guan, Xi, China “, ” Trump Organizations: New, Arizona State University, Apple, Spotify, American Center for Levant Studies, New America, US, National Security Council, CNN, Strategy, Pentagon, of Defense, Development Research Center, Communist Party, UPI, Manpower, Census Bureau, National Bureau of Statistics, Financial, China’s Southwestern University of Finance, Economics, Rocky, United Nations, Beijing, Pew Research Center, Communist, Trump administration’s National Security, Twitter, Trump Locations: New America, Syria, Iran, Iraq, Lebanon, Washington, China, United States, Saddam Hussein’s Iraq, al Qaeda, Ukraine, People’s Republic of China, Beijing, India, Yarkent County, China's Xinjiang Uyghur Autonomous Region, Saudi Arabia, USSR, Russia, Russia’s Ukraine, Vietnam, Korea, Italy, Japan, Taiwan, Hong Kong

REUTERS/Brendan McDermid Acquire Licensing RightsORLANDO, Florida, Sept 7 (Reuters) - If you think this time is different, and the post-2008 world of low interest rates and bond yields is over, think again. What's more, Fed officials' longer-term rate projections and New York Fed model estimates of the theoretical long-run equilibrium interest rate - or 'R-Star' - suggest policymakers probably agree. The Fed's persistently low long-term rate outlook and New York Fed's declining R-Star estimates despite the highest inflation, policy rate and bond yields in years, suggest rates and yields won't stay this high for long. With the fed funds target range currently 5.25-5.50%, Fed policy is extremely restrictive, by around 250 basis points or more. The Fed publishes its updated inflation, growth and policy rate outlook on September 20 in the latest Staff Economic Projections.

Persons: Brendan McDermid, Steven Major, HSBC's, Jamie McGeever Organizations: New York Stock Exchange, REUTERS, Rights, U.S ., Bank of America, New York Fed, The New York Fed, Dallas Fed, Reuters, Artificial, Fed, Thomson Locations: New York City, U.S, Rights ORLANDO , Florida, Ukraine, U.S . Republic, China, Japan, York

☆ China today is very similar to Japan's lost decade in the 1990s: Strategist
▼ + stars: | 2023-09-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina today is very similar to Japan's lost decade in the 1990s: StrategistKevin Hebner from TD Epoch say China's debt burden especially in the real estate sector poses a serious challenge to policymakers in Beijing.

Persons: Japan's, Kevin Hebner Locations: China, Beijing

☆ U.S. Restricts Investment in China
▼ + stars: | 2023-08-09 | by ( Jonathan Wolfe | More About Jonathan Wolfe | ) www.nytimes.com time to read: +1 min

U.S. restricts investment in ChinaPresident Biden escalated his confrontation with China today by banning American investments in key Chinese tech industries that could enhance Beijing’s military and surveillance capabilities. The proposed rules would apply to U.S. private equity and venture capital firms investing in quantum computing, artificial intelligence and advanced semiconductors. U.S. firms investing in a broader range of Chinese industries would also be required to report their activity. At the same time, it has pushed to develop suppliers outside China, and ramped up restrictions on selling the country technologies like semiconductors for advanced computing. But venture capital and private equity firms have continued to seek out lucrative opportunities for partnerships as a way to gain access to China’s vibrant tech industry.

Persons: Biden Organizations: Investments, U.S Locations: China

☆ China has to stabilize its housing market and address risks to its economy if it wants to avoid 'Japanification', JPMorgan says
▼ + stars: | 2023-08-02 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

China has a rapidly aging population and a difficult macro environment, but it also has some strong points. Beijing must stabilize its housing market to avoid the same pitfalls Japan faced decades prior. Strategists warned Wednesday of the superpower's "Japanification" risk that could stem from an unsteady housing market, financial imbalance, and an aging population. Hence, it is critical to stabilize the housing market as a near-term policy priority, as emphasized by the July Politburo meeting." Ultimately, much of the potential "Japanification" falls back to housing market risks.

Persons: Japan's Organizations: Service, Privacy, China, stagnating, JPMorgan Locations: China, Japan, Beijing, Wall, Silicon, stagnating Japan, 1Q23, —, Russia, Ukraine

REUTERS/Stringer/File PhotoSummary Countries at odds over which should pay climate financeEU wants China to contribute to climate fundsChina among countries not currently obliged to payBRUSSELS/BEIJING, July 21 (Reuters) - Record-breaking heat in China. The EU, today the biggest contributor of climate finance, has lobbied to expand the pool of donor countries that provide it. Climate finance refers to money that wealthy countries pay toward helping poorer nations reduce CO2 emissions and adapt to a hotter, harsher world. Advocates for the change argue that an expansion needs to happen before a new - and, likely, far bigger - U.N. target for climate finance kicks in after 2025. "It would earn China diplomatic clout, and pressure Western donors to raise their stakes on climate finance," he said.

Persons: Stringer, John Kerry, Janet Yellen, Kerry, Li Qiang, Pa'olelei Luteru, Luteru, Byford Tsang, Kate Abnett, Valerie Volcovici, Katy Daigle, Stephen Coates Organizations: REUTERS, BRUSSELS, U.S, Union, Reuters, EU, United Arab Emirates, of Small, WHO, United, Climate Cooperation, Initiative, Bridgetown Initiative, Thomson Locations: Hangzhou, Zhejiang province, China, EU, BEIJING, COP28, Dubai, Beijing, U.S, Brazil, Saudi Arabia, Qatar, Singapore, States, United States, South Korea, U.N, Barbados, Bridgetown, Brussels

Liang took the grueling two-day exam, known as the “gaokao,” in early June alongside nearly 13 million students nationwide. Students’ exam results are their only criteria for college admission – and most candidates only get one shot, with the test happening once a year. “It may be a little difficult if I want to go to a good university this year,” he said in the video. He’d even accepted that Sichuan University might be out of reach, deciding to attend any “key university” that would accept him. Ahead of this year’s test, many students visited temples to light incense and pray for good results.

Persons: Liang Shi, Liang, ”, he’s, “ I’m, livestream, “, He’d, master’s Organizations: Hong Kong CNN, Sichuan University, China Daily Locations: Hong Kong, ”, Sichuan, China, Nanjing

☆ Is China heading for Japan-like stagnation? Economist says the worst is likely behind us
▼ + stars: | 2023-06-05 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Jade Gao | Afp | Getty ImagesBEIJING — China's economic recovery from the pandemic is set to broaden, meaning the country isn't headed toward Japan-style stagnation just yet, according to Macquarie's Chief China Economist Larry Hu. The meeting, led by Premier Li Qiang, noted the foundation of China's economic recovery is not yet solid. Similar, but not the same as, Japan"While the worst is behind us, the recovery is far from being self-sustaining," Macquarie's Hu said. Stock Chart Icon Stock chart icon iShares MSCI China ETF"The absence of a self-sustained recovery in China today is mainly a cyclical, not structural, phenomenon," Hu said. The iShares MSCI China ETF is down by about 4% so far this year.

Persons: Jade Gao, Larry Hu, Hu, Macquarie, China's, Premier Li Qiang, Macquarie's Hu, Japan's Organizations: Afp, Getty, BEIJING, China, State Council, Premier, Companies Locations: Beijing, Japan, China

☆ Farm animals, crops suffer from extreme weather affecting China
▼ + stars: | 2023-06-02 | by ( Laura He | ) edition.cnn.com time to read: +6 min

This year, extreme heat has ravaged many parts of the country even earlier than last year. Animals killedIn recent days, reports of farm animals killed by extreme heat have dominated the news. The pigs suffocated to death amid extreme heat and poor air circulation, Jimu News, a government-owned news website, cited an unnamed employee at the farm as saying. The heat wave was blamed for killing large numbers of farmed carp living in rice fields in the southwestern region of Guangxi. And more extreme weather events are likely to come.

Persons: Sheng Xia, El, El Niño, ”, Sheng, Wang Gang, Niño, Xi Jinping, Shi Guangming Organizations: Hong Kong CNN, China Meteorological Administration, Citic Securities, “, El, World Meteorological Organization, Qiushi, Communist, Villagers, China Today, China Media Group Locations: Hong Kong, China, Yunnan, Sichuan, El, Shanghai, Beijing, Jiangsu, Guangxi, Henan, Pingdingshan, Henan province, Xinjiang

☆ Here's why sodium-ion batteries are shaping up to be a big technology breakthrough
▼ + stars: | 2023-05-10 | by ( Magdalena Petrova | ) www.cnbc.com time to read: +2 min

Sodium-ion batteries have been around for decades, but large-scale development of the technology was abandoned in favor of lithium-ion batteries. Sodium-ion batteries can't provide the type of range for electric vehicles offered by lithium-ion batteries, but they do present some unique advantages. For instance, the materials used in sodium-ion batteries tend to be cheaper than those in lithium-ion batteries. "There's no cobalt, there's no copper, there's no lithium, there's no graphite, which is really primarily controlled by China today." Natron Energy, based in Silicon Valley, is also working to commercialize sodium-ion battery technology.

☆ China Balks at U.S. Push for Better Communications During Crises
▼ + stars: | 2023-04-30 | by ( Brian Spegele | ) www.wsj.com time to read: 1 min

BEIJING—China is resisting a U.S. push to build more-reliable systems for communicating in a crisis, raising the risk that a miscalculation by either side’s military could spill into conflict. Rarely since the Cold War have tensions between two global powers risen to the levels that exist between the U.S. and China today. But unlike the Soviets, who embraced crisis hotlines with Washington as a way to defuse tensions, Beijing is resisting the establishment of new communication channels. As Chinese officials see it, hotlines give the U.S. cover to continue what they view as provocative military operations in China’s backyard.

☆ Great Wall of China: Six sections with beautiful views
▼ + stars: | 2023-04-07 | by ( ) edition.cnn.com time to read: +13 min

Whether you’re planning to visit the Great Wall for the first time or the 50th, the following destinations are sure to make your trip to China even more worthwhile. The juxtaposition of its ruins against the rammed-earth Great Wall makes Bataizi a unique place to spend a morning or afternoon. Laoniuwan (aka the Old Ox Bend Great Wall)Laoniuwan, where the Great Wall and the Yellow River meet. Alex SherrAs the locals say, Laoniuwan is where the Great Wall and the mighty Yellow River shake hands. The piled-stone wall at Dushikou is unique, as many other sections of the Great Wall close to Beijing were constructed using kiln-fired bricks.

Persons: CNN —, I’ve, Alex Sherr, ”, Alex Sherr Mutianyu, you’ll, William Lindesay, Pan, Zuoyun, You’ll, Simatai, Yatou’s, Emperor Jiajing, Lamb Organizations: CNN, Tourism, UNESCO, Northern Barbarians Locations: Beijing, China, Turtle, Gansu, Sitan, Jingtai County, City, Jingtai, Lanzhou, Gansu province, Turtle City, Lanzhou Zhongchuan Airport, it’s, Mutianyu, Jiankou, Xizhazi, Bataizi, Datong, Shanxi province’s, Zuoyun, Zuoyun County, Laoniuwan, Pianguan County, Xinzhou, Shanxi province, Inner Mongolia, marveling, Pianguan, Tangjiazhai, Beijing’s Miyun, Miyun, It’s, Dushikou, Chicheng, Hebei province, Hebei, Liuliqiao

☆ China's Xi: Ties with Singapore set benchmark for countries in region
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: +1 min

BEIJING, March 31 (Reuters) - Relations between China and Singapore have set a benchmark for countries in the region, Chinese President Xi Jinping told Singapore's Prime Minister Lee Hsien Loong during talks in Beijing on Friday. China is willing to work with Singapore in further building new "channels" by land and sea, Xi told Lee, according to Chinese state broadcaster CCTV. "Other countries must be able to accept that China today is not what China used to be," Lee told CCTV in an interview ahead of his visit. China is Singapore's largest trading partner, while the island-state is China's biggest foreign investor. Lee's visit to Beijing was his first trip to China since 2019, before the global COVID pandemic broke out.

A pedestrian along the Bund in Shanghai, China Photographer: Qilai Shen/Bloomberg via Getty ImagesAsia-Pacific markets are set to rise on Wednesday following a slightly cooler U.S. inflation report and as the fallout in the banking sector seemed to be contained. The U.S. consumer price index report for February came in at 0.4% and an annualized increase of 6%, in line with Dow Jones estimates. In Australia, the S&P/ASX 200 rose 0.64% as bank stocks rallied early in the trading day. In Japan, the Nikkei futures contract in Chicago was at 27,225, and its Osaka counterpart stood at 27,190 against the Nikkei 225's last close at 27,222.04. Investors will be closely watching a slew of economic data releases from China today, with the country set to release its retail sales and industrial output numbers for February, as well as its one year medium term lending rate for March.

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