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☆ China pledges $42 billion in a slew of measures to support the struggling property sector
▼ + stars: | 2024-05-17 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

China announced "historic" steps to stabilize the crisis-hit property sector on May 17, 2024, allowing local governments to buy "some" apartments, relaxing mortgage rules and pledging to deliver unfinished homes. These and other measures announced Friday marked Beijing's latest efforts to address issues in the massive real estate sector. The real estate companies can then use funds earned from those sales to complete construction on other apartments, the central bank said. Pre-sold, unfinished homesFor years, many apartments in China tended to be sold before construction was finished. Nomura estimated last year there were around 20 million such pre-sold, unfinished apartments in China.

Persons: Zhu Ning, Tao Ling, Xiao Yuanqi, Larry Hu, Dong Jianguo, Lifeng, Zhu, Nomura Organizations: China, Nurphoto, Getty, Tsinghua University, People's Bank of China, National Financial Regulatory, Macquarie, CNBC, of Housing, Housing, Future Publishing Locations: BEIJING, Wanxiang City, Huai'an City, East China's Jiangsu, China

☆ Biden warns on Beijing's South China Sea moves in Philippines-Japan summit
▼ + stars: | 2024-04-12 | by ( ) www.cnbc.com time to read: +2 min

Leaders from the three nations are meeting in a first-ever trilateral summit in a show of solidarity as China's assertiveness in the South China Sea has raised tensions in the region. Topping the meeting's agenda is China's increasing pressure in the South China Sea, which has escalated despite a personal appeal by Biden to Chinese President Xi Jinping last year. China claims almost the entire South China Sea, including the maritime economic zones of neighboring nations. Japan has a dispute with China over islands in the East China Sea. Chinese foreign ministry spokesperson Mao Ning said "China's activities in the East China Sea and South China Sea fully comply with international law" and that they were prepared to resolve issues through "dialogue and consultation" but criticized both the U.S. and Japan for ratcheting up tensions.

Persons: Joe Biden, Fumio Kishida, Ferdinand Marcos, Andrew Harnik, Beijing's, Joe Biden's, Ferdinand Marcos Jr, Biden, Xi Jinping, Thomas Shoal, Marcos, Thomas, Mao Ning Organizations: Japanese, White, Washington , DC, South China, Getty, East China, U.S Locations: Washington ,, South, China, U.S, Japan, Philippines, Manila, . U.S, American, Washington, South China, States, East

☆ China is worried about overcapacity, too — but it sees the problem differently than the US
▼ + stars: | 2024-04-11 | by ( Huileng Tan | ) www.businessinsider.com time to read: +6 min

The US treasury secretary raised concerns about China's overproduction in her recent visit to the country. China has hit back at her concerns, but it's also concerned about overcapacity, an economist says. Just like the US and all of China's trading partners, Chinese authorities are concerned about industrial overcapacity and want to curb it. She added that China's trade surplus with the world meant there might be fewer incentives for Beijing to tackle the issue. AdvertisementAnalysts expect the US debate over its trade issues with China to heat up heading into the presidential election season.

Persons: it's, —, Yue Su, Su, Janet Yellen, Janet Yellen's, Yellen, Li Qiang, Mao Ning, Mao Organizations: Service, Economist Intelligence Unit, European Union, EU, Commerce Department Locations: China, Beijing, People's Republic of China, Thailand, EU, —

☆ The security pact between the US, UK, and Australia could be expanding, and it's got China worried
▼ + stars: | 2024-04-09 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

China said it is "gravely concerned" over reports that Japan could join the AUKUS security pact. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementChina's foreign ministry said it is "gravely concerned" over reports that Japan could join AUKUS, a security and defense pact between Australia, the UK, and the US. Japan needs to earnestly draw lessons from history and stay prudent on military and security issues," she added. Speaking at a news conference on Tuesday, Australia Prime Minister Anthony Albanese clarified that working with Japan wouldn't signal recruitment.

Persons: —, wasn't, Pilar, Aukus, Biden, Fumio Kishida, Mao Ning, Anthony Albanese, " Albanese, nothing's, There's Organizations: Service, US, Japan, White, China Morning Post, US Naval, Forbes, Australia, Reuters Locations: China, Japan, Australia

☆ Everything you want to know about Janet Yellen’s China visit; Russia, chopsticks, oversupply
▼ + stars: | 2024-04-08 | by ( Nectar Gan | ) edition.cnn.com time to read: +11 min

“China is now simply too large for the rest of the world to absorb this enormous capacity,” Yellen told reporters Monday. US intelligence has warned that China is providing technology and equipment to Russia that is important to Moscow’s war in Ukraine. During her last visit to Beijing, Yellen dramatically boosted business for a Yunnan restaurant chain and its mushroom dish after her delegation was spotted dining there. “As a US official, Yellen needs to know more about China than just its food. Only by understanding China better, can she correct the US worldview and its views of China and China-US relations.”

Persons: Janet Yellen, Yellen, Joe Biden, Xi Jinping, ”, China Nicholas Burns, Pedro Pardo, Li Qiang, ” Yellen, Li, Biden, “, Mao Ning, Xi, CNN’s Marc Stewart, we’ve, Andy Wong, “ Yellen, Tao Tao Organizations: Hong Kong CNN, Russia, China's, Getty, Vice, Foreign Ministry, Treasury Department ., Ukraine, China’s, Ministry, “ Locations: China, Hong Kong, Guangzhou, Beijing, United States, AFP, Washington, Xinhua, Russia, Ukraine, Treasury Department . China, San Fransisco, “, Yunnan, Weibo

☆ Nongfu Spring: Bottled water empire of China’s richest man Zhong Shanshan is facing a boycott by nationalists
▼ + stars: | 2024-03-13 | by ( Laura He | ) edition.cnn.com time to read: +7 min

Zhong and his drinks firm Nongfu Spring, the country’s biggest maker of bottled water, are the latest targets of an army of internet zealots. WeiboThe nationalists have also highlighted the fact that prominent US investment funds, including Vanguard and BlackRock, are major shareholders of Nongfu Spring. “Taking advantage of Mr Zong’s death, a lot of slander against me and Nongfu Spring appeared on the internet. “Whether Wahaha or Nongfu Spring, we always insist on the same thing — producing good products for the people,” he said. Nongfu Spring is just the latest major target of China’s nationalists.

Persons: Hong Kong CNN — Zhong Shanshan, Zhong, Zong Qinghou, Zong, Zhong’s, —, “ Zhong Shuzi, ”, “, He’s, Mr Zong’s, ” Zhong, influencers, netizens, “ Zong, Wei Jiang, Mo Yan, Mao Zedong, Stringer, Li Ning Organizations: Hong Kong CNN, Wahaha, Danone, Weibo, ”, Vanguard, BlackRock, Nongfu, American, Wahaha’s, CNN, Zhejiang Daily, Communist Party, Auto, Zhejiang University of Finance, Economics, People’s Liberation Army, AFP, Getty, Nike, Adidas, United, Toyota, Honda Locations: China, Hong Kong, Beijing, American, Weibo, Nongfu, Zhejiang, Hami, China's, Xinjiang, AFP, United States, Japan

“If you have minerals or oil under the ground, how do you come up with a price for a long-term contract? The shift to renewable energy and electric vehicles has caused a spike in the demand for critical minerals, driving these kind of loans. Adesina, whose Abidjan, Ivory Coast-based institution helps finance development in African countries, said these arrangements come with a litany of problems. Photos You Should See View All 60 Images“These are the reasons I say Africa should put an end to natural resource-backed loans," Adesina said. After Chad, Angola and the Republic of Congo approached the IMF for support, the multilateral lender insisted on the renegotiation of their natural resource-backed loans.

Persons: Akinwumi Adesina, paydowns, Adesina, ” Adesina, Glencore, Trafigura, ”, Mao Ning Organizations: African Development Bank, Associated Press, International Monetary Fund, IMF, Chartered, China’s Ministry of Foreign Affairs, China Railway Group, Gecamines, Alliance for Green Infrastructure Locations: Lagos, NIGERIA, China, Congo, Nigeria, Abidjan, Ivory Coast, Africa, Chad, Angola, Republic of Congo, Guinea, Ghana, Beijing, Nigerian, AP.org

☆ China's champion gymnast Li Ning considers taking company private, sources say
▼ + stars: | 2024-03-12 | by ( ) www.cnbc.com time to read: +1 min

Li Ning, chairman and co-chief executive officer of Li Ning Co., during a news conference in Hong Kong, China, on Friday, March 17, 2023. Chinese billionaire entrepreneur and Olympic champion Li Ning is considering taking his namesake sportswear company private from the Hong Kong stock exchange, four people said, adding to a string of such potential deals in a faltering market. Li, 61, founded Li Ning Co a few years after retiring from a decorated gymnastics career in 1988. The discussions to take Li Ning Co private are in the early stages and details have not been finalized, said the sources, who declined to be identified as the information was confidential. Li Ning made its Hong Kong debut in 2004.

Persons: Li Ning, Li Organizations: Hong, Li Ning Co Ltd, HK, TPG, Hillhouse Investment, Hong Kong, Reuters Locations: Hong Kong, China, Hong

☆ South China Sea: On board an outnumbered Philippine ship facing down Chinese aggression
▼ + stars: | 2024-03-06 | by ( Rebecca Wright | Ivan Watson | ) edition.cnn.com time to read: +15 min

Near Second Thomas Shoal, South China Sea CNN —As dawn slowly broke on the horizon, a large fleet of Chinese vessels came into view from the deck of a Philippine Coast Guard ship as it entered the contested waters of the South China Sea. Filipino soldiers on the dilapidated Sierra Madre ship, anchored near the Second Thomas Shoal in the South China Sea, on May 11, 2015. The US military also maintains a regular presence in the South China Sea, with aircraft overflights, so-called “freedom of navigation” operations, and patrols and exercises with allies and partners to assert that the South China Sea is an international waterway. The Philippine Coast Guard said it counted five China Coast Guard vessels and 18 boats belonging to Beijing’s “maritime militia." Rebecca Wright/CNNTarriela, the Coast Guard spokesperson, said a China Coast Guard vessel had come within 20 yards (60 feet) of the Cabra.

Persons: David, Goliath, “, ”, Thomas Shoal, Rebecca Wright, Sabina, Ritchie, Jiao, –, Jay Tarriela, Mao Ning, China Coast Guard “, Thomas, Ferdinand “ Bongbong ” Marcos Jr, Rodrigo Duterte, Marcos Jr, Jose Manuel Romualdez, CNN Tarriela, Tomas Etzler, Erik de Castro, month’s, ” Tarriela, ‘, Collin Koh, ” Koh, Ray Powell, SeaLight, “ Will, ” Powell, we’ve Organizations: South China, CNN, Philippine Coast Guard, Philippine, Armed Forces, China Coast Guard, ” CNN, Philippine Navy, Coast Guard, Foreign Ministry, Sierra Madre, Center for Strategic, Studies, China Power, Ministry, Washington, Philippine News Agency . Diplomacy, Coast Guardians, Guard, Madre, Reuters, USS, China, Rajaratnam, of International Studies, National Security, Stanford University Locations: South, South China, Philippines, United States, Philippine, China, Bulilyan, Palawan, Sierra Madre, Sierra, The Philippines, Vietnam, Malaysia, Brunei, Taiwan, Madre, Hague, Beijing, China’s, Manila, Shanghai, Singapore

☆ Maldives signs China military pact in further shift away from India
▼ + stars: | 2024-03-05 | by ( Helen Regan | ) edition.cnn.com time to read: +4 min

In January, Muizzu set a deadline of March 15 for the complete withdrawal of Indian military personnel stationed in the archipelago nation, according to the president’s office. India has also given Maldives two helicopters and a Dornier aircraft, which are mainly used for marine surveillance, search and rescue operations and medical evacuations, Reuters reported. The new deal with China marks a significant shift in Maldives’ foreign policy from Muizzu’s pro-India predecessor, Ibrahim Mohamed Solih. But Maldives has long found itself in the middle of a geopolitical tussle with both India and China vying for influence. China has increasingly expanded its footprint in Maldives, most visibly through large-scale infrastructure projects such as the $200 million China-Maldives Friendship Bridge.

Persons: Mohamed Muizzu, Muizzu, “, Ibrahim Mohamed Solih, ”, Mao Ning Organizations: CNN, Ocean, Maldivian Defense Ministry, Beijing, Reuters, Dornier, Maldives ’, Analysts, Foreign Locations: Maldives, China, India, Delhi, Beijing

☆ China opens the world's deepest and largest underground laboratory 7,800 feet below a mountain to hunt for dark matter
▼ + stars: | 2024-01-23 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +4 min

China has just opened the deepest and largest underground laboratory in the world. AdvertisementChina has opened the biggest and deepest underground laboratory in the world in a bid to uncover the secrets of dark matter. That leaves us with one overarching theory; that there is another type of matter acting on the universe, or so-called dark matter. CJPL hosts the Particle and Astrophysical Xenon Experiments (PandaX) and the China Dark Matter Experiment. "There is enough replication already," he said, adding that it may be better to try to find a new approach in the hunt for dark matter.

Persons: —, Gran, Ning Zhao, Juan Collar Organizations: Service, Gran Sasso National Laboratory, Nature News, Nature, Sanford Underground Research, Shanghai Jiao Tong, University of Chicago Locations: China, China's Sichuan Province, CJPL, Sichuan, Italy, , South Dakota, Shanghai, Shanghai Jiao Tong University, Illinois

☆ Number of foreign visitors to China in 2023 down more than 60% from pre-pandemic levels
▼ + stars: | 2024-01-19 | by ( Nectar Gan | ) edition.cnn.com time to read: +4 min

CNN —It has been a year since China reopened its borders, but despite loosening its stringent Covid-19 restrictions, foreign travelers have been slow to return to the country with numbers down more than 60% from pre-pandemic levels. China’s border authorities recorded 35.5 million entries and exits by foreign nationals in 2023, according to the National Immigration Administration. That’s nearly seven times more than the number from 2022, when the country was deep in its three-year self-imposed Covid isolation. More than half of the border crossings made by foreign travelers in 2023 were recorded in the last three months of the year, according to data from the National Immigration Administration. Chinese authorities issued a total of 711,000 residency permits of various types to foreign nationals living in the country in 2023, Zhang added.

Persons: That’s, Zhang Ning, Zhang, Premier Li Qiang Organizations: CNN, National Immigration Administration, Premier, Economic, Embassy Locations: China, Beijing, Switzerland, Ireland, Davos, France, Germany, Italy, Netherlands, Spain, Malaysia, Thailand, United States

Thursday's attack followed one by Iran inside Pakistan on Tuesday. The strikes imperiled diplomatic relations between Islamabad and Tehran, as Iran and nuclear-armed Pakistan have long regarded each other with suspicion over militant attacks. Iran has seen growing pressure for action after the Islamic State group attack, Israel's war on Hamas and wider unrest against its theocracy. Iran and Pakistan share a 900-kilometer (560-mile), largely lawless border in which smugglers and militants freely cross. For both Iran and Pakistan, the cross-border attacks renew questions about their own military preparedness, particularly their radar and air defense systems.

Persons: ”, Ali Reza Marhamati, Pakistan's, “, Jundallah, Jaish, Abdullah Khan, ” There's, Mao Ning, ___ Gambrell, Riazat Butt, Nasser Karimi, Liu Zheng Organizations: Hamas, Islamic, Ministry, Baluch Liberation Army, Baluch, Adl, Islamic State, Pakistan Institute for Conflict, Security Studies, Baloch, Foreign Ministry, Associated Press Locations: ISLAMABAD, Iran, Pakistan, Gaza, Iraq, Syria, Islamic State, Islamabad, Tehran, Iran’s Sistan, Baluchestan, Saravan, Baluchistan, United States, Israel, Pakistan’s Baluchistan, Sistan, Chabahar, Afghanistan, India, U.S, French, China, Beijing, Pakistan's Baluchistan, Jerusalem

☆ Cristiano Ronaldo asks referee to overturn penalty decision given to him during Asian Champions League game
▼ + stars: | 2023-11-28 | by ( George Ramsay | ) edition.cnn.com time to read: +1 min

CNN —Cristiano Ronaldo told a referee to overturn a penalty awarded in his favor during Al-Nassr’s Asian Champions League game against Persepolis. The act of sportsmanship occurred in the second minute of Monday’s match as Ronaldo was brought down in the box, prompting referee Ma Ning to award a penalty to the home side. But the Portuguese star approached the referee and argued that the decision should be reversed. The game ultimately finished 0-0 after Al-Nassr’s Ali Lajami was red carded early in the first half for a late challenge on Milad Sarlak. Ronaldo did have a chance to add to his three Asian Champions League goals this season early in the second half, but he fired a shot just wide of the post.

Persons: CNN — Cristiano Ronaldo, Ronaldo, Ma Ning, Ma, Nassr’s Ali Lajami, Sarlak, Fayez Nureldine Organizations: CNN, Al, League, Persepolis, Asian Champions League, Saudi Arabian Locations: Portuguese, AFP, Riyadh, Saudi

☆ China says Philippines enlists foreign force to stir trouble in South China Sea
▼ + stars: | 2023-11-23 | by ( ) www.reuters.com time to read: +3 min

The Chinese military will maintain high vigilance, resolutely defend sovereignty and maritime rights and interests, and resolutely safeguard peace and stability in the South China Sea, China's military said. "The Philippines enlisted forces out of the region to patrol ... stirred up trouble and engaged in hype, undermining regional peace and stability," the southern theatre command of the Chinese military said. Relations have soured between China and the Philippines over the South China Sea under Philippine President Ferdinand Marcos Jr as he pivots towards closer ties with the U.S., which supports the Southeast Asian nation in its maritime disputes with China. A Chinese foreign ministry spokesperson said on Wednesday China had warned the U.S. and the Philippines in connection with their patrols. A Chinese navy ship shadowed three U.S. and Philippine warships conducting joint patrols on Thursday, the Philippine armed forces chief, Romeo Brawner, told reporters.

Persons: Carlos Dominguez, Gao Hucheng, Damir Sagolj, Ferdinand Marcos Jr, Mao Ning, Romeo Brawner, Brawner, Ella Cao, Bernard Orr, Liz Lee, Neil Jerome Morales, Edmund Klamann, Robert Birsel Organizations: Philippine, China's, REUTERS, U.S, Philippines, U.S ., Relations, South China, China, Philippine -, Thomson Locations: Beijing, China, Philippines, BEIJING, MANILA, Philippine, U.S, South China, Taiwan, South, Palawan, United States, Manila

☆ China Says It Is in Interest of All Parties to Ensure Peace, Stability on Korean Peninsula
▼ + stars: | 2023-11-22 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

BEIJING (Reuters) - China's foreign ministry said it is in the interest of all parties to ensure peace and stability on the Korean Peninsula after North Korea claimed it successfully placed its first spy satellite in orbit, vowing to launch more in the near future. After two failed attempts, North Korea's latest launch drew the ire of South Korea and Japan. "Maintaining peace and stability on the peninsula and promoting the process of political settlement of the peninsula issue are in the common interests of all countries in the region," she said. South Korea, Japan and the United States had coordinated to position Aegis destroyers to track the launch and shared that data, South Korea's military said. "China will continue to play a constructive role in promoting the political settlement of the Peninsula issue,” she said.

Persons: Mao Ning, Carl Vinson, Mao, ”, Liz Lee, Bernard Orr, Jacqueline Wong, Gerry Doyle Organizations: U.S Locations: BEIJING, North Korea, Korea, Japan, China, South Korea, United States, Korean, Busan

☆ China says it would be a 'huge foreign policy mistake' for Argentina to cut ties
▼ + stars: | 2023-11-21 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

Argentine presidential candidate for the La Libertad Avanza alliance Javier Milei speaks to supporters after winning the presidential election runoff at his party headquarters in Buenos Aires on November 19, 2023. China on Tuesday issued a warning to Argentina that it would be a "huge foreign policy mistake" for Buenos Aires to cut ties, shortly after right-wing libertarian Javier Milei secured victory in the South American nation's presidential runoff. The president-elect said Argentina would no longer work with "communist" regimes, reportedly likened Beijing's government to an "assassin" and said the people of China were "not free." China's Foreign Ministry Spokesperson Mao Ning said on Tuesday that bilateral relations had shown "sound momentum," adding that Beijing "stands ready to work with Argentina to keep our relations on a steady course." "No countries could step out of diplomatic relations and still be able to engage in economic trade and cooperation," Mao said.

Persons: Javier Milei, Sergio Massa, Mao Ning, Mao Organizations: Argentine, La Libertad, American, Peronist Economy, China's Foreign Locations: Buenos Aires, China, Argentina, Beijing

☆ China says would be 'serious mistake' if Argentina cuts ties
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +1 min

BEIJING, Nov 21 (Reuters) - The Chinese foreign ministry said on Tuesday that it would be a "serious mistake" in Argentina's diplomacy if the South American nation were to cut ties with major countries like China or Brazil. China is an important trading partner for Argentina, and its elected government attaches great importance to relations with China, Chinese foreign ministry spokesperson Mao Ning said at a regular news conference. The right-wing libertarian has criticised China and Brazil, saying he won't deal with "communists," and favours stronger U.S. ties. Mondino also told RIA Novosti that Argentina would "stop interacting" with the governments of China and Brazil, when asked whether Argentina would encourage exports and imports with those countries. "China is willing to continue to work together with Argentina to promote the stability and long-term development of bilateral relations."

Persons: Mao Ning, Javier Milei, Diana Mondino, Mondino, Mao, Ethan Wang, Ryan Woo, Christopher Cushing, Edwina Gibbs Organizations: Argentina, RIA Novosti, Thomson Locations: BEIJING, China, Brazil, Argentina, Russia, India, South Africa

☆ IMF, China ready to work with new Argentina leader Milei
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +1 min

[1/2] Argentine president-elect Javier Milei waves to his supporters after winning Argentina's runoff presidential election, in Buenos Aires, Argentina November 19, 2023. REUTERS/Agustin Marcarian Acquire Licensing RightsLONDON, Nov 20 (Reuters) - Kristalina Georgieva, head of the International Monetary Fund, and a spokesperson for China's foreign ministry said on Monday they were ready to work with Argentina's president-elect Javier Milei. Argentina elected right-wing libertarian Javier Milei as its new president on Sunday, rolling the dice on an outsider with radical views to fix an economy battered by triple-digit inflation, a looming recession and rising poverty. The IMF has a $44 billion loan program with Argentina. Reporting by Karin Strohecker and Liz Lee in Beijing; editing by Marc Jones and Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

Persons: Javier Milei, Agustin Marcarian, Georgieva, Mao Ning, Karin Strohecker, Liz Lee, Marc Jones, Mark Heinrich Our Organizations: Argentine, REUTERS, International Monetary Fund, IMF, South, Thomson Locations: Buenos Aires, Argentina, China, Beijing

☆ China reaffirms support for new nations joining BRICS as Argentina signals rejection
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +2 min

[1/2] South African delegates sit behind a glass with BRICS logo as the BRICS summit is held in Johannesburg, South Africa August 23, 2023. "BRICS is also an open platform and we welcome any interested country to become a member of the BRICS family." Milei, a right-wing libertarian who has sharply criticised China and the China-led BRICS group, was elected Argentina's new president on Sunday. Milei and Mondino had both opposed Argentina joining the bloc, which also includes Brazil, Russia, India and South Africa. "We don't understand what the benefit (of joining BRICS) is for Argentina at the moment.

Persons: Alet Pretorius, Diana Mondino, Javier Milei, Mao Ning, Mondino's, Mao, Mondino, Liz Lee, Ethan Wang, Gareth Jones Organizations: REUTERS, Rights, United, Thomson Locations: Johannesburg, South Africa, Rights BEIJING, China, Argentina, Argentina's, Brazil, Russia, India, BRICS, Saudi Arabia, Iran, Ethiopia, Egypt, United Arab Emirates

☆ Car Talk and Birthday Wishes Punctuate Biden’s ‘Trust but Verify’ Diplomacy
▼ + stars: | 2023-11-16 | by ( Katie Rogers | More About Katie Rogers | ) www.nytimes.com time to read: +2 min

“You know what they call that car?” Mr. Biden asked Mr. Xi. Mr. Biden wished Mr. Xi’s wife a happy birthday. Mr. Xi replied with embarrassment that he had forgotten her birthday was approaching because he had been working so much. At another point, Mr. Biden brandished a picture of a younger Mr. Xi standing on the Golden Gate Bridge. Mr. Biden eventually pierced the “Kumbaya” moment by telling reporters after the carefully coordinated summit that he still considered the Chinese leader a dictator.

Persons: Mr, Biden, Xi, ’, Xi’s, “, ‘, Mao Ning, Biden’s, Donald J, Trump, —, Vladimir V, Putin, Kim Jong Organizations: Economic Cooperation, Mr, North Locations: United States, China, Asia, Washington, Russia, Helsinki, North Korean, Lago, Florida

☆ Video shows the moment Antony Blinken winces after Biden calls China's Xi a dictator, upending months of careful diplomacy
▼ + stars: | 2023-11-16 | by ( Tom Porter | ) www.businessinsider.com time to read: +2 min

President Joe Biden and China's Xi Jinping sought to smooth relations at a meeting Wednesday. Yet hours after the carefully choreographed event, Biden described Xi as a "dictator." AdvertisementA video has captured the moment US Secretary of State Antony Blinken winces after President Biden calls Chinese leader Xi Jinping a "dictator". REPORTER: "Would you still refer to President Xi as a dictator?" AdvertisementBlinken appeared to be taken aback, having laid the groundwork for Wednesday's meeting with months of careful diplomacy.

Persons: Joe Biden, China's Xi Jinping, Biden, Xi, Antony Blinken's, —, Antony Blinken winces, Xi Jinping, He's, BIDEN, — Moshe Schwartz, Biden's, Blinken, Marco Carnelos, Mao Ning Organizations: Service, APEC, Chinese Communist Party, Reuters Locations: China, San Francisco, Italian, Taiwan

☆ 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

“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

☆ Gina Raimondo seeks better ties with China amid tensions over tech, Taiwan
▼ + stars: | 2023-11-11 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +2 min

CNN —Ahead of high-stakes meetings next week between the United States and China, US Commerce Secretary Gina Raimondo dismissed the notion there would be a military conflict with China over Taiwan. Both the United States and China “have a desire to stabilize (their) relationship,” Raimondo told CNN’s Christiane Amanpour in an interviewed that aired Saturday. Raimondo noted the world is looking to the United States and China “to be responsible and manage this relationship.”Raimondo acknowledged there is a “great competition” with China, echoing similar sentiments expressed by President Joe Biden, who has stated the United States wants competition with China, rather than outright hostility and conflict. At the same time, Raimondo said she has told China “there can be no negotiation when it comes to matters of national security,” particularly with regard to semiconductor chips used to manufacture advanced weapons. Also on the table are issues surrounding military communication between the United States and China, the climate crisis and narcotics trafficking.

Persons: Gina Raimondo, ” Raimondo, CNN’s Christiane Amanpour, Raimondo, Joe Biden, ”, Mao Ning, —, Biden, Xi Jinping Organizations: CNN, US, China, Commerce Department, San Francisco Bay Area Locations: United States, China, Taiwan, San Francisco Bay

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